SVIT: 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.
SVIT
Largest movements
- Cash +€20,073
up €20,073 (+41.8%), from €48,034 to €68,107
mainly Net result for the year (+€20,216) and Depreciation (+€18,707)
- Tangible fixed assets -€17,488
down €17,488 (-9.0%), from €193,753 to €176,266
of which Furniture and vehicles: -€14,765
- Receivables within one year -€9,817
down €9,817 (-27.2%), from €36,125 to €26,308
of which Trade receivables: -€9,729
- Profit (loss) carried forward +€20,216
up €20,216 (+27.9%), from -€72,581 to -€52,366
- Debts after one year -€19,408
down €19,408 (-15.4%), from €126,434 to €107,026
- Other debts -€18,407
down €18,407 (-24.0%), from €76,721 to €58,314
- Tax, wage and social debts +€3,785
up €3,785 (+109.2%), from €3,465 to €7,250
- Financial charges -€33,189
down €33,189 (-79.5%), from €41,767 to €8,578
- Provisions +€31,857
no longer reported in 2025 (was -€31,857)
- Gross operating margin -€12,537
down €12,537 (-20.0%), from €62,728 to €50,191
- Depreciation -€894
down €894 (-4.6%), from €19,600 to €18,707
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 | €278,445 | €271,252 | -€7,193 | -2.6% |
| Fixed assets | 21/28 | €193,753 | €176,266 | -€17,488 | -9.0% |
| Tangible fixed assets | 22/27 | €193,753 | €176,266 | -€17,488 | -9.0% |
| Land and buildings | 22 | €132,487 | €128,987 | -€3,500 | -2.6% |
| Plant, machinery and equipment | 23 | €3,743 | €4,520 | +€777 | +20.8% |
| Furniture and vehicles | 24 | €50,371 | €35,606 | -€14,765 | -29.3% |
| Other tangible fixed assets | 26 | €7,153 | €7,153 | = | 0.0% |
| Current assets | 29/58 | €84,692 | €94,986 | +€10,294 | +12.2% |
| Amounts receivable within one year | 40/41 | €36,125 | €26,308 | -€9,817 | -27.2% |
| Trade receivables | 40 | €28,064 | €18,335 | -€9,729 | -34.7% |
| Other amounts receivable | 41 | €8,061 | €7,973 | -€89 | -1.1% |
| Cash at bank and in hand | 54/58 | €48,034 | €68,107 | +€20,073 | +41.8% |
| Deferred charges and accrued income | 490/1 | €532 | €572 | +€39 | +7.4% |
| Total equity and liabilities | 10/49 | €278,445 | €271,252 | -€7,193 | -2.6% |
| Equity | 10/15 | €47,323 | €67,539 | +€20,216 | +42.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €113,705 | €113,705 | = | 0.0% |
| Distributable reserves | 133 | €113,705 | €113,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,581 | -€52,366 | +€20,216 | +27.9% |
| Amounts payable | 17/49 | €231,122 | €203,713 | -€27,409 | -11.9% |
| Amounts payable after more than one year | 17 | €126,434 | €107,026 | -€19,408 | -15.4% |
| Financial debts | 170/4 | €126,434 | €107,026 | -€19,408 | -15.4% |
| Amounts payable within one year | 42/48 | €101,610 | €91,068 | -€10,542 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €18,960 | €19,408 | +€448 | +2.4% |
| Trade debts | 44 | €2,464 | €4,974 | +€2,510 | +101.9% |
| Suppliers | 440/4 | €2,464 | €4,974 | +€2,510 | +101.9% |
| Advances received on contracts in progress | 46 | - | €1,122 | +€1,122 | |
| Taxes, remuneration and social security | 45 | €3,465 | €7,250 | +€3,785 | +109.2% |
| Taxes | 450/3 | €3,465 | €7,250 | +€3,785 | +109.2% |
| Other amounts payable | 47/48 | €76,721 | €58,314 | -€18,407 | -24.0% |
| Accrued charges and deferred income | 492/3 | €3,078 | €5,619 | +€2,540 | +82.5% |
| Non-recurring operating income | 76A | €1,810 | - | -€1,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,600 | €18,707 | -€894 | -4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€31,857 | - | +€31,857 | |
| Other operating charges | 640/8 | €2,636 | €2,820 | +€184 | +7.0% |
| Gross operating margin | 9900 | €62,728 | €50,191 | -€12,537 | -20.0% |
| Operating profit (loss) | 9901 | €72,349 | €28,665 | -€43,684 | -60.4% |
| Financial income | 75/76B | €5 | €444 | +€439 | +8238.1% |
| Recurring financial income | 75 | €5 | €444 | +€439 | +8238.1% |
| Financial charges | 65/66B | €41,767 | €8,578 | -€33,189 | -79.5% |
| Recurring financial charges | 65 | €41,767 | €8,578 | -€33,189 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €30,587 | €20,531 | -€10,056 | -32.9% |
| Income taxes | 67/77 | - | €315 | +€315 | |
| Profit (loss) for the period | 9904 | €30,587 | €20,216 | -€10,371 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,587 | €20,216 | -€10,371 | -33.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.