SVH Solutions: 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 Solutions
Largest movements
- Receivables within one year +€8,938
up €8,938 (+10.5%), from €85,113 to €94,051
of which Trade receivables: +€19,051
- Tangible fixed assets -€4,148
down €4,148 (-32.1%), from €12,907 to €8,759
of which Furniture and vehicles: -€2,359
- Cash +€2,520
up €2,520 (+18.8%), from €13,424 to €15,944
mainly Tax, wage and social debts (+€16,409) and Other debts (+€5,822)
- Tax, wage and social debts +€16,409
up €16,409 (+631%), from €2,600 to €19,009
of which Taxes: +€18,944
- Debts after one year -€8,699
down €8,699 (-85.3%), from €10,194 to €1,495
- Other debts +€5,822
up €5,822 (+29.3%), from €19,843 to €25,665
- Trade debts -€3,601
down €3,601 (-53.6%), from €6,719 to €3,118
- Profit (loss) carried forward -€3,571
down €3,571 (-859%), from -€416 to -€3,986
- Gross operating margin -€24,085
down €24,085 (-68.2%), from €35,307 to €11,223
- Staff costs -€21,565
no longer reported in 2025 (was €21,565)
- Depreciation -€1,482
down €1,482 (-24.2%), from €6,133 to €4,652
- Financial charges +€1,243
up €1,243 (+27.7%), from €4,493 to €5,736
- Other operating charges +€928
up €928 (+33.2%), from €2,797 to €3,725
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 | €115,197 | €122,004 | +€6,807 | +5.9% |
| Fixed assets | 21/28 | €16,660 | €12,009 | -€4,652 | -27.9% |
| Intangible fixed assets | 21 | €1,254 | €750 | -€504 | -40.2% |
| Tangible fixed assets | 22/27 | €12,907 | €8,759 | -€4,148 | -32.1% |
| Land and buildings | 22 | €4,987 | €3,454 | -€1,533 | -30.7% |
| Plant, machinery and equipment | 23 | €256 | - | -€256 | |
| Furniture and vehicles | 24 | €7,664 | €5,304 | -€2,359 | -30.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €98,537 | €109,995 | +€11,458 | +11.6% |
| Amounts receivable within one year | 40/41 | €85,113 | €94,051 | +€8,938 | +10.5% |
| Trade receivables | 40 | €75,000 | €94,051 | +€19,051 | +25.4% |
| Other amounts receivable | 41 | €10,113 | - | -€10,113 | |
| Cash at bank and in hand | 54/58 | €13,424 | €15,944 | +€2,520 | +18.8% |
| Total equity and liabilities | 10/49 | €115,197 | €122,004 | +€6,807 | +5.9% |
| Equity | 10/15 | €67,588 | €64,018 | -€3,571 | -5.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €43,004 | €43,004 | = | 0.0% |
| Distributable reserves | 133 | €43,004 | €43,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€416 | -€3,986 | -€3,571 | -859% |
| Amounts payable | 17/49 | €47,609 | €57,986 | +€10,377 | +21.8% |
| Amounts payable after more than one year | 17 | €10,194 | €1,495 | -€8,699 | -85.3% |
| Financial debts | 170/4 | €10,194 | €1,495 | -€8,699 | -85.3% |
| Amounts payable within one year | 42/48 | €37,415 | €56,491 | +€19,077 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | €8,253 | €8,699 | +€447 | +5.4% |
| Trade debts | 44 | €6,719 | €3,118 | -€3,601 | -53.6% |
| Suppliers | 440/4 | €6,719 | €3,118 | -€3,601 | -53.6% |
| Taxes, remuneration and social security | 45 | €2,600 | €19,009 | +€16,409 | +631% |
| Taxes | 450/3 | €65 | €19,009 | +€18,944 | +29,136% |
| Remuneration and social security | 454/9 | €2,535 | - | -€2,535 | |
| Other amounts payable | 47/48 | €19,843 | €25,665 | +€5,822 | +29.3% |
| Remuneration, social security and pensions | 62 | €21,565 | - | -€21,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,133 | €4,652 | -€1,482 | -24.2% |
| Other operating charges | 640/8 | €2,797 | €3,725 | +€928 | +33.2% |
| Gross operating margin | 9900 | €35,307 | €11,223 | -€24,085 | -68.2% |
| Operating profit (loss) | 9901 | €4,813 | €2,847 | -€1,967 | -40.9% |
| Financial income | 75/76B | €7 | €1 | -€6 | -88.5% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -88.5% |
| Financial charges | 65/66B | €4,493 | €5,736 | +€1,243 | +27.7% |
| Recurring financial charges | 65 | €4,493 | €5,736 | +€1,243 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €327 | -€2,888 | -€3,215 | |
| Income taxes | 67/77 | €743 | €683 | -€60 | -8.1% |
| Profit (loss) for the period | 9904 | -€416 | -€3,571 | -€3,155 | -759% |
| Profit (loss) for the period to be appropriated | 9905 | -€416 | -€3,571 | -€3,155 | -759% |
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 16 October 2026 via checked.be.