SVmédic: 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.
SVmédic
Largest movements
- Tangible fixed assets -€9,940
down €9,940 (-29.4%), from €33,764 to €23,823
- Cash +€6,060
up €6,060 (+18.1%), from €33,452 to €39,512
mainly Net result for the year (+€24,791) and Tax, wage and social debts (+€12,025)
- Receivables within one year -€2,221
down €2,221 (-12.0%), from €18,437 to €16,216
of which Other amounts receivable: -€2,086
- Other debts -€17,788
down €17,788 (-37.7%), from €47,176 to €29,388
- Tax, wage and social debts +€12,025
new in 2025: €12,025
- Debts after one year -€7,031
down €7,031 (-30.0%), from €23,417 to €16,386
- Trade debts +€6,721
new in 2025: €6,721
- Gross operating margin -€18,518
down €18,518 (-29.9%), from €61,953 to €43,435
- Taxes -€3,529
down €3,529 (-32.7%), from €10,784 to €7,255
- Depreciation +€1,099
up €1,099 (+12.4%), from €8,841 to €9,940
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 | €85,653 | €79,551 | -€6,102 | -7.1% |
| Fixed assets | 21/28 | €33,764 | €23,823 | -€9,940 | -29.4% |
| Tangible fixed assets | 22/27 | €33,764 | €23,823 | -€9,940 | -29.4% |
| Furniture and vehicles | 24 | €33,764 | €23,823 | -€9,940 | -29.4% |
| Current assets | 29/58 | €51,889 | €55,728 | +€3,839 | +7.4% |
| Amounts receivable within one year | 40/41 | €18,437 | €16,216 | -€2,221 | -12.0% |
| Trade receivables | 40 | €135 | - | -€135 | |
| Other amounts receivable | 41 | €18,302 | €16,216 | -€2,086 | -11.4% |
| Cash at bank and in hand | 54/58 | €33,452 | €39,512 | +€6,060 | +18.1% |
| Total equity and liabilities | 10/49 | €85,653 | €79,551 | -€6,102 | -7.1% |
| Equity | 10/15 | €8,344 | €8,000 | -€344 | -4.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344 | - | -€344 | |
| Amounts payable | 17/49 | €77,309 | €71,551 | -€5,758 | -7.4% |
| Amounts payable after more than one year | 17 | €23,417 | €16,386 | -€7,031 | -30.0% |
| Financial debts | 170/4 | €23,417 | €16,386 | -€7,031 | -30.0% |
| Amounts payable within one year | 42/48 | €53,892 | €55,165 | +€1,273 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €6,716 | €7,031 | +€315 | +4.7% |
| Trade debts | 44 | - | €6,721 | +€6,721 | |
| Suppliers | 440/4 | - | €6,721 | +€6,721 | |
| Taxes, remuneration and social security | 45 | - | €12,025 | +€12,025 | |
| Taxes | 450/3 | - | €12,025 | +€12,025 | |
| Other amounts payable | 47/48 | €47,176 | €29,388 | -€17,788 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,841 | €9,940 | +€1,099 | +12.4% |
| Other operating charges | 640/8 | €610 | €101 | -€509 | -83.4% |
| Gross operating margin | 9900 | €61,953 | €43,435 | -€18,518 | -29.9% |
| Operating profit (loss) | 9901 | €52,502 | €33,393 | -€19,108 | -36.4% |
| Financial charges | 65/66B | €1,374 | €1,347 | -€27 | -1.9% |
| Recurring financial charges | 65 | €1,374 | €1,347 | -€27 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €51,127 | €32,046 | -€19,081 | -37.3% |
| Income taxes | 67/77 | €10,784 | €7,255 | -€3,529 | -32.7% |
| Profit (loss) for the period | 9904 | €40,344 | €24,791 | -€15,553 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,344 | €24,791 | -€15,553 | -38.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.