SVISTAKOV ILYAS: 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.
SVISTAKOV ILYAS
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+50,696%), from €2,506 to €1.3m
of which Leasing and similar rights: +€1.3m
- Deferred charges and accrued income +€154,081
up €154,081 (+302%), from €51,000 to €205,081
- Cash +€57,570
up €57,570 (+25.5%), from €226,193 to €283,763
mainly Debts after one year (+€647,116) and Other debts (+€405,145)
- Debts after one year +€647,116
new in 2025: €647,116
- Other debts +€405,145
up €405,145 (+2,030%), from €19,959 to €425,105
- Profit (loss) carried forward +€323,019
up €323,019 (+137%), from €235,540 to €558,559
- Current portion of long-term debt +€83,124
new in 2025: €83,124
- Gross operating margin +€420,544
up €420,544 (+163%), from €257,987 to €678,531
- Financial charges +€65,125
up €65,125 (+2,520%), from €2,584 to €67,709
- Taxes +€42,832
up €42,832 (+69.8%), from €61,396 to €104,227
- Depreciation +€12,121
up €12,121 (+26,338%), from €46 to €12,167
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 | €288,304 | €1,761,784 | +€1.5m | +511% |
| Fixed assets | 21/28 | €2,506 | €1,272,939 | +€1.3m | +50,696% |
| Tangible fixed assets | 22/27 | €2,506 | €1,272,939 | +€1.3m | +50,696% |
| Furniture and vehicles | 24 | €2,506 | €1,996 | -€510 | -20.4% |
| Leasing and similar rights | 25 | - | €1,270,943 | +€1.3m | |
| Current assets | 29/58 | €285,798 | €488,845 | +€203,047 | +71.0% |
| Amounts receivable within one year | 40/41 | €8,604 | - | -€8,604 | |
| Other amounts receivable | 41 | €8,604 | - | -€8,604 | |
| Cash at bank and in hand | 54/58 | €226,193 | €283,763 | +€57,570 | +25.5% |
| Deferred charges and accrued income | 490/1 | €51,000 | €205,081 | +€154,081 | +302% |
| Total equity and liabilities | 10/49 | €288,304 | €1,761,784 | +€1.5m | +511% |
| Equity | 10/15 | €240,540 | €563,559 | +€323,019 | +134% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,540 | €558,559 | +€323,019 | +137% |
| Amounts payable | 17/49 | €47,764 | €1,198,225 | +€1.2m | +2,409% |
| Amounts payable after more than one year | 17 | - | €647,116 | +€647,116 | |
| Financial debts | 170/4 | - | €647,116 | +€647,116 | |
| Amounts payable within one year | 42/48 | €47,764 | €551,109 | +€503,345 | +1,054% |
| Current portion of amounts payable after more than one year | 42 | - | €83,124 | +€83,124 | |
| Trade debts | 44 | €3,808 | €8,653 | +€4,845 | +127% |
| Suppliers | 440/4 | €3,808 | €8,653 | +€4,845 | +127% |
| Taxes, remuneration and social security | 45 | €23,997 | €34,227 | +€10,230 | +42.6% |
| Taxes | 450/3 | €23,997 | €34,227 | +€10,230 | +42.6% |
| Other amounts payable | 47/48 | €19,959 | €425,105 | +€405,145 | +2,030% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €12,167 | +€12,121 | +26,338% |
| Other operating charges | 640/8 | €252 | €1,415 | +€1,162 | +460% |
| Non-recurring operating charges | 66A | - | €169,994 | +€169,994 | |
| Gross operating margin | 9900 | €257,987 | €678,531 | +€420,544 | +163% |
| Operating profit (loss) | 9901 | €257,689 | €494,955 | +€237,266 | +92.1% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €2,584 | €67,709 | +€65,125 | +2,520% |
| Recurring financial charges | 65 | €2,584 | €67,709 | +€65,125 | +2,520% |
| Profit (loss) for the period before taxes | 9903 | €255,160 | €427,246 | +€172,086 | +67.4% |
| Income taxes | 67/77 | €61,396 | €104,227 | +€42,832 | +69.8% |
| Profit (loss) for the period | 9904 | €193,765 | €323,019 | +€129,254 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €193,765 | €323,019 | +€129,254 | +66.7% |
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 31 October 2026 via checked.be.