SVH IMMO: 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.
SVH IMMO
Largest movements
- Tangible fixed assets -€1,343
down €1,343 (-1.6%), from €83,899 to €82,557
- Trade debts -€2,170
down €2,170 (-50.4%), from €4,302 to €2,132
- Gross operating margin +€854
up €854 (+2.9%), from €29,533 to €30,387
- Other operating charges +€306
up €306 (+3.1%), from €9,815 to €10,121
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 | €132,511 | €131,183 | -€1,328 | -1.0% |
| Fixed assets | 21/28 | €83,899 | €82,557 | -€1,343 | -1.6% |
| Tangible fixed assets | 22/27 | €83,899 | €82,557 | -€1,343 | -1.6% |
| Land and buildings | 22 | €83,899 | €82,557 | -€1,343 | -1.6% |
| Current assets | 29/58 | €48,612 | €48,626 | +€14 | 0.0% |
| Amounts receivable within one year | 40/41 | €585 | €0 | -€585 | -100% |
| Other amounts receivable | 41 | €585 | €0 | -€585 | -100% |
| Cash at bank and in hand | 54/58 | €48,026 | €48,626 | +€600 | +1.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €132,511 | €131,183 | -€1,328 | -1.0% |
| Equity | 10/15 | €108,075 | €108,733 | +€658 | +0.6% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Revaluation surpluses | 12 | €12,197 | €12,197 | = | 0.0% |
| Reserves | 13 | €79,877 | €80,536 | +€658 | +0.8% |
| Distributable reserves | 133 | €79,877 | €80,536 | +€658 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,437 | €22,450 | -€1,987 | -8.1% |
| Amounts payable after more than one year | 17 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 178/9 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,437 | €16,450 | -€1,987 | -10.8% |
| Trade debts | 44 | €4,302 | €2,132 | -€2,170 | -50.4% |
| Suppliers | 440/4 | €4,302 | €2,132 | -€2,170 | -50.4% |
| Taxes, remuneration and social security | 45 | €635 | €818 | +€184 | +28.9% |
| Taxes | 450/3 | €635 | €818 | +€184 | +28.9% |
| Other amounts payable | 47/48 | €13,500 | €13,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,343 | €1,343 | = | 0.0% |
| Other operating charges | 640/8 | €9,815 | €10,121 | +€306 | +3.1% |
| Gross operating margin | 9900 | €29,533 | €30,387 | +€854 | +2.9% |
| Operating profit (loss) | 9901 | €18,375 | €18,923 | +€547 | +3.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €18,332 | €18,878 | +€546 | +3.0% |
| Income taxes | 67/77 | €4,583 | €4,719 | +€136 | +3.0% |
| Profit (loss) for the period | 9904 | €13,749 | €14,158 | +€409 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,749 | €14,158 | +€409 | +3.0% |
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 19 October 2026 via checked.be.