SVH Install: 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 Install
Largest movements
- Tangible fixed assets -€9,181
down €9,181 (-37.7%), from €24,359 to €15,178
of which Furniture and vehicles: -€6,659
- Receivables within one year +€7,164
up €7,164 (+30.1%), from €23,762 to €30,926
of which Trade receivables: +€9,078
- Stocks and contracts -€3,768
down €3,768 (-76.5%), from €4,927 to €1,159
of which Contracts in progress: -€3,768
- Cash +€2,216
up €2,216 (+10.7%), from €20,770 to €22,986
mainly Net result for the year (+€9,545) and Depreciation (+€9,181)
- Other debts +€4,056
up €4,056 (+22.5%), from €17,994 to €22,051
- Debts after one year -€3,518
no longer reported in 2025 (was €3,518)
- Current portion of long-term debt -€2,477
down €2,477 (-41.3%), from €5,995 to €3,518
- Trade debts -€2,049
down €2,049 (-29.4%), from €6,970 to €4,921
- Gross operating margin +€7,846
up €7,846 (+55.5%), from €14,143 to €21,989
- Taxes +€1,464
up €1,464 (+94.1%), from €1,555 to €3,019
- Financial income +€561
up €561 (+40.4%), from €1,390 to €1,952
- Financial charges +€429
up €429 (+187%), from €230 to €659
- Other operating charges -€410
down €410 (-21.0%), from €1,946 to €1,537
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 | €75,555 | €71,807 | -€3,748 | -5.0% |
| Fixed assets | 21/28 | €24,439 | €15,258 | -€9,181 | -37.6% |
| Tangible fixed assets | 22/27 | €24,359 | €15,178 | -€9,181 | -37.7% |
| Plant, machinery and equipment | 23 | €2,070 | €1,107 | -€963 | -46.5% |
| Furniture and vehicles | 24 | €11,852 | €5,193 | -€6,659 | -56.2% |
| Other tangible fixed assets | 26 | €10,437 | €8,878 | -€1,559 | -14.9% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €51,116 | €56,549 | +€5,433 | +10.6% |
| Stocks and contracts in progress | 3 | €4,927 | €1,159 | -€3,768 | -76.5% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Contracts in progress | 37 | €3,927 | €159 | -€3,768 | -95.9% |
| Amounts receivable within one year | 40/41 | €23,762 | €30,926 | +€7,164 | +30.1% |
| Trade receivables | 40 | €16,452 | €25,529 | +€9,078 | +55.2% |
| Other amounts receivable | 41 | €7,310 | €5,397 | -€1,914 | -26.2% |
| Cash at bank and in hand | 54/58 | €20,770 | €22,986 | +€2,216 | +10.7% |
| Deferred charges and accrued income | 490/1 | €1,657 | €1,478 | -€179 | -10.8% |
| Total equity and liabilities | 10/49 | €75,555 | €71,807 | -€3,748 | -5.0% |
| Equity | 10/15 | €39,067 | €39,067 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,467 | €20,467 | = | 0.0% |
| Distributable reserves | 133 | €20,467 | €20,467 | = | 0.0% |
| Amounts payable | 17/49 | €36,488 | €32,740 | -€3,748 | -10.3% |
| Amounts payable after more than one year | 17 | €3,518 | - | -€3,518 | |
| Financial debts | 170/4 | €3,518 | - | -€3,518 | |
| Amounts payable within one year | 42/48 | €32,969 | €32,740 | -€229 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €5,995 | €3,518 | -€2,477 | -41.3% |
| Trade debts | 44 | €6,970 | €4,921 | -€2,049 | -29.4% |
| Suppliers | 440/4 | €6,970 | €4,921 | -€2,049 | -29.4% |
| Taxes, remuneration and social security | 45 | €2,010 | €2,250 | +€240 | +11.9% |
| Taxes | 450/3 | €2,010 | €2,250 | +€240 | +11.9% |
| Other amounts payable | 47/48 | €17,994 | €22,051 | +€4,056 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,111 | €9,181 | +€70 | +0.8% |
| Other operating charges | 640/8 | €1,946 | €1,537 | -€410 | -21.0% |
| Gross operating margin | 9900 | €14,143 | €21,989 | +€7,846 | +55.5% |
| Operating profit (loss) | 9901 | €3,086 | €11,272 | +€8,185 | +265% |
| Financial income | 75/76B | €1,390 | €1,952 | +€561 | +40.4% |
| Recurring financial income | 75 | €1,390 | €1,952 | +€561 | +40.4% |
| Financial charges | 65/66B | €230 | €659 | +€429 | +187% |
| Recurring financial charges | 65 | €230 | €659 | +€429 | +187% |
| Profit (loss) for the period before taxes | 9903 | €4,247 | €12,564 | +€8,318 | +196% |
| Income taxes | 67/77 | €1,555 | €3,019 | +€1,464 | +94.1% |
| Profit (loss) for the period | 9904 | €2,692 | €9,545 | +€6,853 | +255% |
| Profit (loss) for the period to be appropriated | 9905 | €2,692 | €9,545 | +€6,853 | +255% |
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.