SvlCorp: 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.
SvlCorp
Largest movements
- Receivables within one year +€2,364
up €2,364 (+55.2%), from €4,281 to €6,645
of which Trade receivables: +€1,756
- Tangible fixed assets +€823
up €823 (+47.8%), from €1,722 to €2,545
of which Furniture and vehicles: +€900
- Cash -€373
down €373 (-26.4%), from €1,411 to €1,038
mainly Receivables within one year (-€2,364) and Investment in fixed assets (net) (-€1,098)
- Reserves +€3,325
new in 2025: €3,325
- Trade debts -€904
down €904 (-41.3%), from €2,186 to €1,282
- Other debts +€411
up €411 (+16.4%), from €2,506 to €2,917
- Profit (loss) carried forward -€123
no longer reported in 2025 (was €123)
- Tax, wage and social debts +€104
up €104 (+90.4%), from €115 to €220
- Gross operating margin +€4,152
up €4,152 (+875%), from €475 to €4,627
- Taxes +€891
up €891 (+430%), from €207 to €1,099
- Depreciation +€159
up €159 (+137%), from €116 to €276
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 | €7,430 | €10,245 | +€2,814 | +37.9% |
| Fixed assets | 21/28 | €1,722 | €2,545 | +€823 | +47.8% |
| Tangible fixed assets | 22/27 | €1,722 | €2,545 | +€823 | +47.8% |
| Plant, machinery and equipment | 23 | €181 | €104 | -€77 | -42.4% |
| Furniture and vehicles | 24 | €1,541 | €2,440 | +€900 | +58.4% |
| Current assets | 29/58 | €5,708 | €7,700 | +€1,992 | +34.9% |
| Amounts receivable within one year | 40/41 | €4,281 | €6,645 | +€2,364 | +55.2% |
| Trade receivables | 40 | €3,988 | €5,744 | +€1,756 | +44.0% |
| Other amounts receivable | 41 | €293 | €901 | +€609 | +208% |
| Cash at bank and in hand | 54/58 | €1,411 | €1,038 | -€373 | -26.4% |
| Deferred charges and accrued income | 490/1 | €16 | €16 | -€0 | -1.1% |
| Total equity and liabilities | 10/49 | €7,430 | €10,245 | +€2,814 | +37.9% |
| Equity | 10/15 | €2,623 | €5,825 | +€3,202 | +122% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €3,325 | +€3,325 | |
| Distributable reserves | 133 | - | €3,325 | +€3,325 | |
| Profit (loss) carried forward | 14 | €123 | - | -€123 | |
| Amounts payable | 17/49 | €4,807 | €4,419 | -€388 | -8.1% |
| Amounts payable within one year | 42/48 | €4,807 | €4,419 | -€388 | -8.1% |
| Trade debts | 44 | €2,186 | €1,282 | -€904 | -41.3% |
| Suppliers | 440/4 | €2,186 | €1,282 | -€904 | -41.3% |
| Taxes, remuneration and social security | 45 | €115 | €220 | +€104 | +90.4% |
| Taxes | 450/3 | €115 | €220 | +€104 | +90.4% |
| Other amounts payable | 47/48 | €2,506 | €2,917 | +€411 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €276 | +€159 | +137% |
| Other operating charges | 640/8 | - | €6 | +€6 | |
| Gross operating margin | 9900 | €475 | €4,627 | +€4,152 | +875% |
| Operating profit (loss) | 9901 | €359 | €4,346 | +€3,987 | +1,112% |
| Financial charges | 65/66B | €51 | €45 | -€6 | -11.0% |
| Recurring financial charges | 65 | €51 | €45 | -€6 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €308 | €4,301 | +€3,993 | +1,296% |
| Income taxes | 67/77 | €207 | €1,099 | +€891 | +430% |
| Profit (loss) for the period | 9904 | €101 | €3,202 | +€3,102 | +3,083% |
| Profit (loss) for the period to be appropriated | 9905 | €101 | €3,202 | +€3,102 | +3,083% |
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 13 October 2026 via checked.be.