SVI-INNOVATION: what changed
SVI-INNOVATION
Largest movements
- Tangible fixed assets -€10,695
down €10,695 (-42.5%), from €25,184 to €14,489
of which Furniture and vehicles: -€10,582
- Current investments +€10,261
up €10,261 (+20.5%), from €50,134 to €60,395
- Cash +€9,790
up €9,790 (+67.6%), from €14,478 to €24,267
mainly Net result for the year (+€20,891) and Depreciation (+€12,337)
- Receivables within one year -€5,908
down €5,908 (-19.1%), from €30,980 to €25,072
- Deferred charges and accrued income -€3,028
no longer reported in 2025 (was €3,028)
- Reserves +€20,891
up €20,891 (+31.4%), from €66,491 to €87,382
- Debts after one year -€10,703
down €10,703 (-86.5%), from €12,368 to €1,665
- Tax, wage and social debts -€6,995
down €6,995 (-29.7%), from €23,561 to €16,566
- Trade debts -€3,259
down €3,259 (-41.3%), from €7,895 to €4,636
- Gross operating margin +€6,603
up €6,603 (+18.7%), from €35,253 to €41,855
- Taxes +€2,159
up €2,159 (+32.8%), from €6,588 to €8,747
- Financial income +€684
new in 2025: €684
- Depreciation -€565
down €565 (-4.4%), from €12,901 to €12,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,804 | €124,223 | +€419 | +0.3% |
| Fixed assets | 21/28 | €25,184 | €14,489 | -€10,695 | -42.5% |
| Tangible fixed assets | 22/27 | €25,184 | €14,489 | -€10,695 | -42.5% |
| Plant, machinery and equipment | 23 | €227 | €113 | -€113 | -50.0% |
| Furniture and vehicles | 24 | €24,957 | €14,375 | -€10,582 | -42.4% |
| Current assets | 29/58 | €98,620 | €109,735 | +€11,115 | +11.3% |
| Amounts receivable within one year | 40/41 | €30,980 | €25,072 | -€5,908 | -19.1% |
| Trade receivables | 40 | €30,980 | €25,072 | -€5,908 | -19.1% |
| Current investments | 50/53 | €50,134 | €60,395 | +€10,261 | +20.5% |
| Cash at bank and in hand | 54/58 | €14,478 | €24,267 | +€9,790 | +67.6% |
| Deferred charges and accrued income | 490/1 | €3,028 | - | -€3,028 | |
| Total equity and liabilities | 10/49 | €123,804 | €124,223 | +€419 | +0.3% |
| Equity | 10/15 | €69,491 | €90,382 | +€20,891 | +30.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,491 | €87,382 | +€20,891 | +31.4% |
| Distributable reserves | 133 | €66,491 | €87,382 | +€20,891 | +31.4% |
| Amounts payable | 17/49 | €54,313 | €33,842 | -€20,472 | -37.7% |
| Amounts payable after more than one year | 17 | €12,368 | €1,665 | -€10,703 | -86.5% |
| Financial debts | 170/4 | €12,368 | €1,665 | -€10,703 | -86.5% |
| Amounts payable within one year | 42/48 | €41,945 | €32,177 | -€9,769 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €10,427 | €10,703 | +€276 | +2.6% |
| Trade debts | 44 | €7,895 | €4,636 | -€3,259 | -41.3% |
| Suppliers | 440/4 | €7,895 | €4,636 | -€3,259 | -41.3% |
| Taxes, remuneration and social security | 45 | €23,561 | €16,566 | -€6,995 | -29.7% |
| Taxes | 450/3 | €23,561 | €16,566 | -€6,995 | -29.7% |
| Other amounts payable | 47/48 | €62 | €271 | +€209 | +337% |
| Remuneration, social security and pensions | 62 | - | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,901 | €12,337 | -€565 | -4.4% |
| Other operating charges | 640/8 | €387 | €25 | -€362 | -93.5% |
| Gross operating margin | 9900 | €35,253 | €41,855 | +€6,603 | +18.7% |
| Operating profit (loss) | 9901 | €21,964 | €29,432 | +€7,468 | +34.0% |
| Financial income | 75/76B | - | €684 | +€684 | |
| Recurring financial income | 75 | - | €684 | +€684 | |
| Financial charges | 65/66B | €601 | €478 | -€123 | -20.5% |
| Recurring financial charges | 65 | €601 | €478 | -€123 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €21,363 | €29,638 | +€8,275 | +38.7% |
| Income taxes | 67/77 | €6,588 | €8,747 | +€2,159 | +32.8% |
| Profit (loss) for the period | 9904 | €14,775 | €20,891 | +€6,116 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,775 | €20,891 | +€6,116 | +41.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.