SVK GROUP: 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.
SVK GROUP
Largest movements
- Cash +€10,177
up €10,177 (+234%), from €4,342 to €14,519
mainly Net result for the year (+€45,286) and Depreciation (+€36,400)
- Receivables within one year -€7,020
down €7,020 (-11.2%), from €62,485 to €55,465
- Tangible fixed assets -€2,929
down €2,929 (-2.3%), from €125,507 to €122,579
of which Furniture and vehicles: -€32,356
- Profit (loss) carried forward +€45,286
up €45,286 (+73.6%), from -€61,523 to -€16,236
- Debts after one year -€34,961
down €34,961 (-30.0%), from €116,617 to €81,656
- Trade debts -€32,740
down €32,740 (-47.5%), from €68,873 to €36,133
- Tax, wage and social debts +€20,055
up €20,055 (+49.8%), from €40,238 to €60,292
of which Remuneration and social security: +€20,850
- Other debts +€2,020
up €2,020 (+98.4%), from €2,053 to €4,073
- Staff costs -€88,478
down €88,478 (-43.6%), from €203,114 to €114,635
- Gross operating margin +€66,738
up €66,738 (+36.9%), from €180,836 to €247,574
- Financial charges +€15,055
up €15,055 (+60.8%), from €24,751 to €39,806
- Depreciation +€12,444
up €12,444 (+51.9%), from €23,955 to €36,400
- Other operating charges +€6,561
up €6,561 (+134%), from €4,903 to €11,464
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 | €201,362 | €201,642 | +€279 | +0.1% |
| Fixed assets | 21/28 | €134,535 | €131,657 | -€2,877 | -2.1% |
| Tangible fixed assets | 22/27 | €125,507 | €122,579 | -€2,929 | -2.3% |
| Plant, machinery and equipment | 23 | €4,179 | €17,287 | +€13,108 | +314% |
| Furniture and vehicles | 24 | €121,329 | €88,973 | -€32,356 | -26.7% |
| Other tangible fixed assets | 26 | - | €16,319 | +€16,319 | |
| Financial fixed assets | 28 | €9,027 | €9,079 | +€52 | +0.6% |
| Current assets | 29/58 | €66,828 | €69,984 | +€3,157 | +4.7% |
| Amounts receivable within one year | 40/41 | €62,485 | €55,465 | -€7,020 | -11.2% |
| Trade receivables | 40 | €62,485 | €55,465 | -€7,020 | -11.2% |
| Cash at bank and in hand | 54/58 | €4,342 | €14,519 | +€10,177 | +234% |
| Total equity and liabilities | 10/49 | €201,362 | €201,642 | +€279 | +0.1% |
| Equity | 10/15 | -€60,023 | -€14,736 | +€45,286 | +75.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,523 | -€16,236 | +€45,286 | +73.6% |
| Amounts payable | 17/49 | €261,385 | €216,378 | -€45,007 | -17.2% |
| Amounts payable after more than one year | 17 | €116,617 | €81,656 | -€34,961 | -30.0% |
| Financial debts | 170/4 | €116,617 | €81,656 | -€34,961 | -30.0% |
| Amounts payable within one year | 42/48 | €144,768 | €134,722 | -€10,046 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €33,604 | €34,223 | +€619 | +1.8% |
| Trade debts | 44 | €68,873 | €36,133 | -€32,740 | -47.5% |
| Suppliers | 440/4 | €68,873 | €36,133 | -€32,740 | -47.5% |
| Taxes, remuneration and social security | 45 | €40,238 | €60,292 | +€20,055 | +49.8% |
| Taxes | 450/3 | €27,612 | €26,816 | -€795 | -2.9% |
| Remuneration and social security | 454/9 | €12,626 | €33,476 | +€20,850 | +165% |
| Other amounts payable | 47/48 | €2,053 | €4,073 | +€2,020 | +98.4% |
| Remuneration, social security and pensions | 62 | €203,114 | €114,635 | -€88,478 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,955 | €36,400 | +€12,444 | +51.9% |
| Other operating charges | 640/8 | €4,903 | €11,464 | +€6,561 | +134% |
| Gross operating margin | 9900 | €180,836 | €247,574 | +€66,738 | +36.9% |
| Operating profit (loss) | 9901 | -€51,136 | €85,074 | +€136,211 | |
| Financial income | 75/76B | €5 | €18 | +€13 | +272% |
| Recurring financial income | 75 | €5 | €18 | +€13 | +272% |
| Financial charges | 65/66B | €24,751 | €39,806 | +€15,055 | +60.8% |
| Recurring financial charges | 65 | €24,751 | €39,806 | +€15,055 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | -€75,883 | €45,286 | +€121,170 | |
| Income taxes | 67/77 | €242 | - | -€242 | |
| Profit (loss) for the period | 9904 | -€76,125 | €45,286 | +€121,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,125 | €45,286 | +€121,412 |
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 15 October 2026 via checked.be.