SVEnergy: 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.
SVEnergy
Largest movements
- Current investments +€70,000
up €70,000 (+233%), from €30,013 to €100,013
- Cash -€3,921
down €3,921 (-5.8%), from €67,453 to €63,531
mainly Current investments (-€70,000) and Contributions, distributions and other (-€12,239)
- Tangible fixed assets -€3,060
down €3,060 (-11.7%), from €26,092 to €23,033
of which Furniture and vehicles: -€2,459
- Reserves +€51,326
up €51,326 (+44.5%), from €115,223 to €166,549
of which Distributable reserves: +€51,326
- Other debts +€11,210
up €11,210 (+1,089%), from €1,029 to €12,239
- Gross operating margin +€9,625
up €9,625 (+11.1%), from €86,644 to €96,269
- Depreciation +€3,663
up €3,663 (+103%), from €3,548 to €7,211
- Taxes +€1,412
up €1,412 (+6.2%), from €22,686 to €24,098
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 | €141,443 | €205,556 | +€64,113 | +45.3% |
| Fixed assets | 21/28 | €26,092 | €23,033 | -€3,060 | -11.7% |
| Tangible fixed assets | 22/27 | €26,092 | €23,033 | -€3,060 | -11.7% |
| Land and buildings | 22 | €1,254 | €954 | -€300 | -23.9% |
| Plant, machinery and equipment | 23 | €752 | €451 | -€301 | -40.0% |
| Furniture and vehicles | 24 | €24,086 | €21,627 | -€2,459 | -10.2% |
| Current assets | 29/58 | €115,350 | €182,524 | +€67,173 | +58.2% |
| Amounts receivable within one year | 40/41 | €13,029 | €14,087 | +€1,058 | +8.1% |
| Trade receivables | 40 | €11,906 | €12,951 | +€1,045 | +8.8% |
| Other amounts receivable | 41 | €1,123 | €1,136 | +€13 | +1.2% |
| Current investments | 50/53 | €30,013 | €100,013 | +€70,000 | +233% |
| Cash at bank and in hand | 54/58 | €67,453 | €63,531 | -€3,921 | -5.8% |
| Deferred charges and accrued income | 490/1 | €4,855 | €4,892 | +€36 | +0.7% |
| Total equity and liabilities | 10/49 | €141,443 | €205,556 | +€64,113 | +45.3% |
| Equity | 10/15 | €121,423 | €172,749 | +€51,326 | +42.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,223 | €166,549 | +€51,326 | +44.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,363 | €164,689 | +€51,326 | +45.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,020 | €32,807 | +€12,787 | +63.9% |
| Amounts payable within one year | 42/48 | €20,020 | €32,807 | +€12,787 | +63.9% |
| Trade debts | 44 | €1,579 | €2,893 | +€1,314 | +83.2% |
| Suppliers | 440/4 | €1,579 | €2,893 | +€1,314 | +83.2% |
| Taxes, remuneration and social security | 45 | €17,412 | €17,675 | +€264 | +1.5% |
| Taxes | 450/3 | €17,412 | €17,675 | +€264 | +1.5% |
| Other amounts payable | 47/48 | €1,029 | €12,239 | +€11,210 | +1,089% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,548 | €7,211 | +€3,663 | +103% |
| Other operating charges | 640/8 | €596 | €1,245 | +€649 | +109% |
| Gross operating margin | 9900 | €86,644 | €96,269 | +€9,625 | +11.1% |
| Operating profit (loss) | 9901 | €82,500 | €87,813 | +€5,314 | +6.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €136 | €150 | +€14 | +10.6% |
| Recurring financial charges | 65 | €136 | €150 | +€14 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €82,365 | €87,663 | +€5,298 | +6.4% |
| Income taxes | 67/77 | €22,686 | €24,098 | +€1,412 | +6.2% |
| Profit (loss) for the period | 9904 | €59,679 | €63,565 | +€3,886 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,679 | €63,565 | +€3,886 | +6.5% |
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 23 October 2026 via checked.be.