SVN Kebap: what changed
SVN Kebap
Largest movements
- Receivables within one year +€165,051
up €165,051 (+101%), from €163,361 to €328,412
of which Trade receivables: +€163,898
- Cash +€68,228
up €68,228 (+137%), from €49,858 to €118,086
mainly Trade debts (+€144,076) and Stocks and contracts (+€63,655)
- Stocks and contracts -€63,655
down €63,655 (-75.0%), from €84,896 to €21,241
- Tangible fixed assets -€17,321
down €17,321 (-29.4%), from €58,894 to €41,573
of which Furniture and vehicles: -€16,746
- Trade debts +€144,076
up €144,076 (+58.0%), from €248,539 to €392,615
- Profit (loss) carried forward -€72,542
down €72,542 (-81.0%), from €89,609 to €17,066
- Advances received +€48,753
up €48,753 (+15,460%), from €315 to €49,069
- Other debts +€25,000
new in 2024: €25,000
- Gross operating margin -€78,811
down €78,811, from €52,082 to -€26,729
- Staff costs -€3,757
down €3,757 (-11.6%), from €32,391 to €28,634
- Depreciation +€2,024
up €2,024 (+13.2%), from €15,372 to €17,396
- Financial charges -€1,376
down €1,376 (-29.9%), from €4,606 to €3,230
- Financial income +€1,144
up €1,144 (+41.5%), from €2,756 to €3,900
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,620 | €512,765 | +€148,146 | +40.6% |
| Fixed assets | 21/28 | €58,894 | €41,573 | -€17,321 | -29.4% |
| Tangible fixed assets | 22/27 | €58,894 | €41,573 | -€17,321 | -29.4% |
| Plant, machinery and equipment | 23 | €1,212 | €637 | -€575 | -47.4% |
| Furniture and vehicles | 24 | €57,683 | €40,936 | -€16,746 | -29.0% |
| Current assets | 29/58 | €305,725 | €471,192 | +€165,467 | +54.1% |
| Stocks and contracts in progress | 3 | €84,896 | €21,241 | -€63,655 | -75.0% |
| Stocks | 30/36 | €84,896 | €21,241 | -€63,655 | -75.0% |
| Amounts receivable within one year | 40/41 | €163,361 | €328,412 | +€165,051 | +101% |
| Trade receivables | 40 | €99,393 | €263,291 | +€163,898 | +165% |
| Other amounts receivable | 41 | €63,968 | €65,121 | +€1,153 | +1.8% |
| Cash at bank and in hand | 54/58 | €49,858 | €118,086 | +€68,228 | +137% |
| Deferred charges and accrued income | 490/1 | €7,610 | €3,453 | -€4,157 | -54.6% |
| Total equity and liabilities | 10/49 | €364,620 | €512,765 | +€148,146 | +40.6% |
| Equity | 10/15 | €98,395 | €25,853 | -€72,542 | -73.7% |
| Contributions | 10/11 | €6,926 | €6,926 | = | 0.0% |
| Contributions outside capital | 11 | €6,926 | €6,926 | = | 0.0% |
| Other | 1109/19 | €6,926 | €6,926 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €89,609 | €17,066 | -€72,542 | -81.0% |
| Amounts payable | 17/49 | €266,224 | €486,912 | +€220,688 | +82.9% |
| Amounts payable within one year | 42/48 | €266,224 | €486,912 | +€220,688 | +82.9% |
| Trade debts | 44 | €248,539 | €392,615 | +€144,076 | +58.0% |
| Suppliers | 440/4 | €248,539 | €392,615 | +€144,076 | +58.0% |
| Advances received on contracts in progress | 46 | €315 | €49,069 | +€48,753 | +15,460% |
| Taxes, remuneration and social security | 45 | €17,370 | €20,229 | +€2,859 | +16.5% |
| Taxes | 450/3 | €16,001 | €10,824 | -€5,177 | -32.4% |
| Remuneration and social security | 454/9 | €1,369 | €9,405 | +€8,036 | +587% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Remuneration, social security and pensions | 62 | €32,391 | €28,634 | -€3,757 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,372 | €17,396 | +€2,024 | +13.2% |
| Other operating charges | 640/8 | €378 | €82 | -€296 | -78.3% |
| Gross operating margin | 9900 | €52,082 | -€26,729 | -€78,811 | |
| Operating profit (loss) | 9901 | €3,941 | -€72,841 | -€76,782 | |
| Financial income | 75/76B | €2,756 | €3,900 | +€1,144 | +41.5% |
| Recurring financial income | 75 | €2,756 | €3,900 | +€1,144 | +41.5% |
| Financial charges | 65/66B | €4,606 | €3,230 | -€1,376 | -29.9% |
| Recurring financial charges | 65 | €4,606 | €3,230 | -€1,376 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €2,090 | -€72,172 | -€74,262 | |
| Income taxes | 67/77 | €505 | €371 | -€134 | -26.6% |
| Profit (loss) for the period | 9904 | €1,586 | -€72,542 | -€74,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,586 | -€72,542 | -€74,128 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.