SVIDCONS: 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.
SVIDCONS
Largest movements
- Cash +€181,670
up €181,670 (+65.2%), from €278,652 to €460,321
mainly Net result for the year (+€214,787) and Depreciation (+€18,239)
- Receivables within one year +€58,084
up €58,084 (+180.6%), from €32,166 to €90,250
of which Trade receivables: +€60,774
- Tangible fixed assets -€18,239
down €18,239 (-23.0%), from €79,204 to €60,965
- Profit (loss) carried forward +€214,787
up €214,787 (+78.3%), from €274,479 to €489,266
- Trade debts -€15,445
down €15,445 (-91.6%), from €16,855 to €1,409
- Tax, wage and social debts +€12,485
up €12,485 (+11.5%), from €108,837 to €121,322
of which Taxes: +€27,982
- Other debts +€9,846
new in 2025: €9,846
- Gross operating margin +€66,519
up €66,519 (+28.2%), from €236,078 to €302,598
- Taxes +€19,015
up €19,015 (+39.3%), from €48,408 to €67,423
- Depreciation +€5,975
up €5,975 (+48.7%), from €12,264 to €18,239
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.
Cash bridge derived
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 | €403,236 | €624,911 | +€221,675 | +55.0% |
| Fixed assets | 21/28 | €84,154 | €65,915 | -€18,239 | -21.7% |
| Tangible fixed assets | 22/27 | €79,204 | €60,965 | -€18,239 | -23.0% |
| Furniture and vehicles | 24 | €79,204 | €60,965 | -€18,239 | -23.0% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €319,082 | €558,996 | +€239,914 | +75.2% |
| Amounts receivable within one year | 40/41 | €32,166 | €90,250 | +€58,084 | +180.6% |
| Trade receivables | 40 | €29,476 | €90,250 | +€60,774 | +206.2% |
| Other amounts receivable | 41 | €2,691 | - | -€2,691 | |
| Cash at bank and in hand | 54/58 | €278,652 | €460,321 | +€181,670 | +65.2% |
| Deferred charges and accrued income | 490/1 | €8,264 | €8,425 | +€161 | +1.9% |
| Total equity and liabilities | 10/49 | €403,236 | €624,911 | +€221,675 | +55.0% |
| Equity | 10/15 | €277,479 | €492,266 | +€214,787 | +77.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €274,479 | €489,266 | +€214,787 | +78.3% |
| Amounts payable | 17/49 | €125,757 | €132,645 | +€6,888 | +5.5% |
| Amounts payable within one year | 42/48 | €125,692 | €132,578 | +€6,886 | +5.5% |
| Trade debts | 44 | €16,855 | €1,409 | -€15,445 | -91.6% |
| Suppliers | 440/4 | €16,855 | €1,409 | -€15,445 | -91.6% |
| Taxes, remuneration and social security | 45 | €108,837 | €121,322 | +€12,485 | +11.5% |
| Taxes | 450/3 | €93,341 | €121,322 | +€27,982 | +30.0% |
| Remuneration and social security | 454/9 | €15,496 | - | -€15,496 | |
| Other amounts payable | 47/48 | - | €9,846 | +€9,846 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €7,151 | €1,636 | -€5,516 | -77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,264 | €18,239 | +€5,975 | +48.7% |
| Other operating charges | 640/8 | €1,360 | €2,063 | +€703 | +51.7% |
| Non-recurring operating charges | 66A | €14,609 | - | -€14,609 | |
| Gross operating margin | 9900 | €236,078 | €302,598 | +€66,519 | +28.2% |
| Operating profit (loss) | 9901 | €207,846 | €282,295 | +€74,449 | +35.8% |
| Financial charges | 65/66B | €86 | €85 | -€1 | -1.1% |
| Recurring financial charges | 65 | €86 | €85 | -€1 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €207,760 | €282,210 | +€74,450 | +35.8% |
| Income taxes | 67/77 | €48,408 | €67,423 | +€19,015 | +39.3% |
| Profit (loss) for the period | 9904 | €159,351 | €214,787 | +€55,436 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €159,351 | €214,787 | +€55,436 | +34.8% |
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 11 October 2026 via checked.be.