SVEROLOGOS: 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.
SVEROLOGOS
Largest movements
- Cash -€30,656
down €30,656 (-34.5%), from €88,739 to €58,083
mainly Contributions, distributions and other (-€71,000) and Deferred charges and accrued income (-€1,063)
- Tangible fixed assets -€3,246
down €3,246 (-31.5%), from €10,317 to €7,072
- Profit (loss) carried forward -€35,386
down €35,386 (-99.4%), from €35,595 to €210
- Trade debts +€2,358
up €2,358 (+147%), from €1,601 to €3,960
- Gross operating margin -€2,892
down €2,892 (-5.4%), from €53,319 to €50,428
- Taxes -€637
down €637 (-6.0%), from €10,562 to €9,925
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 | €116,523 | €84,533 | -€31,989 | -27.5% |
| Fixed assets | 21/28 | €10,317 | €7,072 | -€3,246 | -31.5% |
| Tangible fixed assets | 22/27 | €10,317 | €7,072 | -€3,246 | -31.5% |
| Furniture and vehicles | 24 | €10,317 | €7,072 | -€3,246 | -31.5% |
| Current assets | 29/58 | €106,205 | €77,461 | -€28,744 | -27.1% |
| Amounts receivable within one year | 40/41 | €9,814 | €10,663 | +€849 | +8.6% |
| Trade receivables | 40 | €9,462 | €10,663 | +€1,201 | +12.7% |
| Other amounts receivable | 41 | €352 | - | -€352 | |
| Current investments | 50/53 | €5,450 | €5,450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €88,739 | €58,083 | -€30,656 | -34.5% |
| Deferred charges and accrued income | 490/1 | €2,202 | €3,265 | +€1,063 | +48.3% |
| Total equity and liabilities | 10/49 | €116,523 | €84,533 | -€31,989 | -27.5% |
| Equity | 10/15 | €40,095 | €4,710 | -€35,386 | -88.3% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,595 | €210 | -€35,386 | -99.4% |
| Amounts payable | 17/49 | €76,427 | €79,824 | +€3,396 | +4.4% |
| Amounts payable within one year | 42/48 | €76,352 | €79,749 | +€3,396 | +4.4% |
| Trade debts | 44 | €1,601 | €3,960 | +€2,358 | +147% |
| Suppliers | 440/4 | €1,601 | €3,960 | +€2,358 | +147% |
| Taxes, remuneration and social security | 45 | €4,707 | €4,723 | +€17 | +0.4% |
| Taxes | 450/3 | €2,622 | €2,612 | -€10 | -0.4% |
| Remuneration and social security | 454/9 | €2,085 | €2,111 | +€27 | +1.3% |
| Other amounts payable | 47/48 | €70,044 | €71,066 | +€1,021 | +1.5% |
| Accrued charges and deferred income | 492/3 | €75 | €75 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,530 | €3,246 | -€284 | -8.1% |
| Other operating charges | 640/8 | €906 | €880 | -€26 | -2.9% |
| Gross operating margin | 9900 | €53,319 | €50,428 | -€2,892 | -5.4% |
| Operating profit (loss) | 9901 | €48,883 | €46,302 | -€2,581 | -5.3% |
| Financial income | 75/76B | €16 | €62 | +€46 | +288% |
| Recurring financial income | 75 | €16 | €62 | +€46 | +288% |
| Financial charges | 65/66B | €1,048 | €825 | -€223 | -21.2% |
| Recurring financial charges | 65 | €1,048 | €825 | -€223 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €47,851 | €45,539 | -€2,312 | -4.8% |
| Income taxes | 67/77 | €10,562 | €9,925 | -€637 | -6.0% |
| Profit (loss) for the period | 9904 | €37,289 | €35,614 | -€1,675 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,289 | €35,614 | -€1,675 | -4.5% |
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 30 October 2026 via checked.be.