SVEINN: 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.
SVEINN
Largest movements
- Receivables within one year +€12,494
up €12,494 (+121%), from €10,356 to €22,850
of which Trade receivables: +€9,500
- Cash +€10,417
up €10,417 (+10.3%), from €101,148 to €111,565
mainly Other debts (+€70,244) and Net result for the year (+€28,321)
- Deferred charges and accrued income -€4,157
down €4,157 (-83.0%), from €5,010 to €853
- Tangible fixed assets -€2,735
down €2,735 (-27.8%), from €9,838 to €7,103
of which Furniture and vehicles: -€3,824
- Other debts +€70,244
up €70,244 (+152%), from €46,355 to €116,599
- Profit (loss) carried forward -€36,875
down €36,875 (-83.5%), from €44,148 to €7,273
- Reserves -€27,000
down €27,000 (-37.6%), from €71,860 to €44,860
- Tax, wage and social debts +€7,824
up €7,824 (+121%), from €6,470 to €14,294
of which Taxes: +€7,824
- Taxes -€3,494
down €3,494 (-25.6%), from €13,665 to €10,171
- Financial charges +€2,401
up €2,401 (+57.7%), from €4,164 to €6,565
- Depreciation +€636
up €636 (+19.9%), from €3,190 to €3,827
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 | €169,352 | €185,370 | +€16,018 | +9.5% |
| Fixed assets | 21/28 | €9,838 | €7,103 | -€2,735 | -27.8% |
| Tangible fixed assets | 22/27 | €9,838 | €7,103 | -€2,735 | -27.8% |
| Plant, machinery and equipment | 23 | - | €1,089 | +€1,089 | |
| Furniture and vehicles | 24 | €9,838 | €6,014 | -€3,824 | -38.9% |
| Current assets | 29/58 | €159,514 | €178,268 | +€18,753 | +11.8% |
| Amounts receivable within one year | 40/41 | €10,356 | €22,850 | +€12,494 | +121% |
| Trade receivables | 40 | €8,021 | €17,520 | +€9,500 | +118% |
| Other amounts receivable | 41 | €2,335 | €5,329 | +€2,994 | +128% |
| Current investments | 50/53 | €43,000 | €43,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €101,148 | €111,565 | +€10,417 | +10.3% |
| Deferred charges and accrued income | 490/1 | €5,010 | €853 | -€4,157 | -83.0% |
| Total equity and liabilities | 10/49 | €169,352 | €185,370 | +€16,018 | +9.5% |
| Equity | 10/15 | €116,009 | €52,134 | -€63,875 | -55.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €71,860 | €44,860 | -€27,000 | -37.6% |
| Distributable reserves | 133 | €71,860 | €44,860 | -€27,000 | -37.6% |
| Profit (loss) carried forward | 14 | €44,148 | €7,273 | -€36,875 | -83.5% |
| Amounts payable | 17/49 | €53,343 | €133,236 | +€79,893 | +150% |
| Amounts payable within one year | 42/48 | €53,243 | €133,136 | +€79,893 | +150% |
| Trade debts | 44 | €417 | €2,243 | +€1,825 | +437% |
| Suppliers | 440/4 | €417 | €2,243 | +€1,825 | +437% |
| Taxes, remuneration and social security | 45 | €6,470 | €14,294 | +€7,824 | +121% |
| Taxes | 450/3 | €4,570 | €12,394 | +€7,824 | +171% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €46,355 | €116,599 | +€70,244 | +152% |
| Accrued charges and deferred income | 492/3 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,190 | €3,827 | +€636 | +19.9% |
| Other operating charges | 640/8 | €956 | €1,071 | +€114 | +12.0% |
| Gross operating margin | 9900 | €49,922 | €49,955 | +€32 | +0.1% |
| Operating profit (loss) | 9901 | €45,776 | €45,057 | -€719 | -1.6% |
| Financial charges | 65/66B | €4,164 | €6,565 | +€2,401 | +57.7% |
| Recurring financial charges | 65 | €4,164 | €6,565 | +€2,401 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €41,612 | €38,492 | -€3,120 | -7.5% |
| Income taxes | 67/77 | €13,665 | €10,171 | -€3,494 | -25.6% |
| Profit (loss) for the period | 9904 | €27,947 | €28,321 | +€374 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,947 | €28,321 | +€374 | +1.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.