SVeePee: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SVeePee
Largest movements
- Cash -€20,220
down €20,220 (-43.0%), from €47,058 to €26,838
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€8,680)
- Receivables within one year -€19,600
down €19,600 (-68.9%), from €28,432 to €8,832
of which Other amounts receivable: -€19,600
- Deferred charges and accrued income -€952
down €952 (-48.3%), from €1,972 to €1,020
- Reserves -€33,382
down €33,382 (-54.7%), from €61,041 to €27,659
- Tax, wage and social debts -€8,680
down €8,680 (-68.3%), from €12,714 to €4,034
of which Taxes: -€6,270
- Gross operating margin -€1,837
down €1,837 (-7.1%), from €25,995 to €24,158
- Financial income -€976
down €976 (-98.8%), from €988 to €12
- Taxes -€565
down €565 (-9.1%), from €6,243 to €5,678
- Other operating charges +€475
up €475 (+110%), from €433 to €908
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,462 | €36,690 | -€40,772 | -52.6% |
| Current assets | 29/58 | €77,462 | €36,690 | -€40,772 | -52.6% |
| Amounts receivable within one year | 40/41 | €28,432 | €8,832 | -€19,600 | -68.9% |
| Trade receivables | 40 | €8,470 | €8,470 | = | 0.0% |
| Other amounts receivable | 41 | €19,962 | €362 | -€19,600 | -98.2% |
| Cash at bank and in hand | 54/58 | €47,058 | €26,838 | -€20,220 | -43.0% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,020 | -€952 | -48.3% |
| Total equity and liabilities | 10/49 | €77,462 | €36,690 | -€40,772 | -52.6% |
| Equity | 10/15 | €64,041 | €30,659 | -€33,382 | -52.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,041 | €27,659 | -€33,382 | -54.7% |
| Distributable reserves | 133 | €61,041 | €27,659 | -€33,382 | -54.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,421 | €6,031 | -€7,390 | -55.1% |
| Amounts payable within one year | 42/48 | €13,421 | €6,031 | -€7,390 | -55.1% |
| Trade debts | 44 | €707 | €1,258 | +€551 | +77.9% |
| Suppliers | 440/4 | €707 | €1,258 | +€551 | +77.9% |
| Taxes, remuneration and social security | 45 | €12,714 | €4,034 | -€8,680 | -68.3% |
| Taxes | 450/3 | €10,304 | €4,034 | -€6,270 | -60.8% |
| Remuneration and social security | 454/9 | €2,410 | €0 | -€2,410 | -100% |
| Other amounts payable | 47/48 | €0 | €739 | +€739 | |
| Other operating charges | 640/8 | €433 | €908 | +€475 | +110% |
| Gross operating margin | 9900 | €25,995 | €24,158 | -€1,837 | -7.1% |
| Operating profit (loss) | 9901 | €25,562 | €23,249 | -€2,313 | -9.0% |
| Financial income | 75/76B | €988 | €12 | -€976 | -98.8% |
| Recurring financial income | 75 | €988 | €12 | -€976 | -98.8% |
| Financial charges | 65/66B | €1,100 | €966 | -€134 | -12.2% |
| Recurring financial charges | 65 | €1,100 | €966 | -€134 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €25,450 | €22,295 | -€3,154 | -12.4% |
| Income taxes | 67/77 | €6,243 | €5,678 | -€565 | -9.1% |
| Profit (loss) for the period | 9904 | €19,207 | €16,618 | -€2,589 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,207 | €16,618 | -€2,589 | -13.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.