SVIMMO: what changed
Two fiscal 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.
SVIMMO
Largest movements
- Tangible fixed assets -€16,011
down €16,011 (-10.7%), from €149,837 to €133,826
of which Land and buildings: -€16,011
- Other debts -€9,400
down €9,400 (-43.3%), from €21,698 to €12,298
- Profit (loss) carried forward -€6,976
down €6,976 (-4.0%), from -€174,638 to -€181,614
- Turnover -€19,400
no longer reported in 2024 (was €19,400)
- Purchases and services -€7,862
no longer reported in 2024 (was €7,862)
- Gross operating margin +€369
up €369 (+3.2%), from €11,538 to €11,907
- Other operating charges -€276
down €276 (-9.0%), from €3,064 to €2,789
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,060 | €154,146 | -€15,914 | -9.4% |
| Formation expenses | 20 | €137 | €137 | = | 0.0% |
| Fixed assets | 21/28 | €149,837 | €133,826 | -€16,011 | -10.7% |
| Tangible fixed assets | 22/27 | €149,837 | €133,826 | -€16,011 | -10.7% |
| Land and buildings | 22 | €145,056 | €129,045 | -€16,011 | -11.0% |
| Furniture and vehicles | 24 | €4,781 | €4,781 | = | 0.0% |
| Current assets | 29/58 | €20,086 | €20,183 | +€97 | +0.5% |
| Amounts receivable within one year | 40/41 | €19,400 | €19,400 | = | 0.0% |
| Trade receivables | 40 | €19,400 | €19,400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €686 | €783 | +€97 | +14.1% |
| Total equity and liabilities | 10/49 | €170,060 | €154,146 | -€15,914 | -9.4% |
| Equity | 10/15 | €148,362 | €141,386 | -€6,976 | -4.7% |
| Contributions | 10/11 | €323,000 | €323,000 | = | 0.0% |
| Capital | 10 | €323,000 | €323,000 | = | 0.0% |
| Issued capital | 100 | €323,000 | €323,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,638 | -€181,614 | -€6,976 | -4.0% |
| Amounts payable | 17/49 | €21,698 | €12,759 | -€8,938 | -41.2% |
| Amounts payable within one year | 42/48 | €21,698 | €12,759 | -€8,938 | -41.2% |
| Trade debts | 44 | - | €462 | +€462 | |
| Suppliers | 440/4 | - | €462 | +€462 | |
| Other amounts payable | 47/48 | €21,698 | €12,298 | -€9,400 | -43.3% |
| Turnover | 70 | €19,400 | - | -€19,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,862 | - | -€7,862 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,011 | €16,011 | = | 0.0% |
| Other operating charges | 640/8 | €3,064 | €2,789 | -€276 | -9.0% |
| Gross operating margin | 9900 | €11,538 | €11,907 | +€369 | +3.2% |
| Operating profit (loss) | 9901 | -€7,538 | -€6,893 | +€645 | +8.6% |
| Financial charges | 65/66B | €76 | €83 | +€7 | +9.8% |
| Recurring financial charges | 65 | €76 | €83 | +€7 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,614 | -€6,976 | +€638 | +8.4% |
| Profit (loss) for the period | 9904 | -€7,614 | -€6,976 | +€638 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,614 | -€6,976 | +€638 | +8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.