SVN-SYSTEMS: what changed
What changed
SVN-SYSTEMS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€61,868
2024 · -€66,521+€128,388
Equity
€151,791
2024 · €89,923+€61,868
Cash
€132,556
2024 · €105,426+€27,129
Balance sheet total
€212,383
2024 · €142,181+€70,203
Largest movements
Assets
- Tangible fixed assets +€40,023
new in 2025: €40,023
- Cash +€27,129
up €27,129 (+25.7%), from €105,426 to €132,556
mainly Net result for the year (+€61,868) and Other debts (+€13,855)
- Receivables within one year +€10,766
up €10,766 (+38.3%), from €28,132 to €38,898
of which Trade receivables: +€14,799
- Deferred charges and accrued income -€7,717
down €7,717 (-89.5%), from €8,623 to €906
Equity and liabilities
- Profit (loss) carried forward +€61,868
up €61,868 (+93.0%), from -€66,521 to -€4,653
- Other debts +€13,855
up €13,855 (+37.6%), from €36,833 to €50,688
- Tax, wage and social debts -€6,000
down €6,000 (-100%), from €6,000 to €0
Income statement
- Gross operating margin +€136,653
up €136,653, from -€65,975 to €70,678
- Depreciation +€7,779
new in 2025: €7,779
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€66,521
Gross operating margin
+€136,653
Depreciation
-€7,779
Other operating charges
+€302
Financial income
-€618
Financial charges
-€29
Taxes
-€141
Result 2025
€61,868
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€74,886
Investment
-€47,803
Financing
+€47
Cash 2024
€105,426
From operations (derived)
+€74,886
Net result for the year
+€61,868
Depreciation
+€7,779
Receivables within one year
-€10,766
Deferred charges and accrued income
+€7,717
Trade debts
+€433
Tax, wage and social debts
-€6,000
Other debts
+€13,855
Investment (derived)
-€47,803
Investment in fixed assets (net)
-€47,803
Financing
+€47
Short-term financial debts
+€47
Cash 2025
€132,556
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,181 | €212,383 | +€70,203 | +49.4% |
| Fixed assets | 21/28 | - | €40,023 | +€40,023 | |
| Tangible fixed assets | 22/27 | - | €40,023 | +€40,023 | |
| Furniture and vehicles | 24 | - | €40,023 | +€40,023 | |
| Current assets | 29/58 | €142,181 | €172,360 | +€30,179 | +21.2% |
| Amounts receivable within one year | 40/41 | €28,132 | €38,898 | +€10,766 | +38.3% |
| Trade receivables | 40 | €1,240 | €16,039 | +€14,799 | +1,193% |
| Other amounts receivable | 41 | €26,892 | €22,860 | -€4,032 | -15.0% |
| Cash at bank and in hand | 54/58 | €105,426 | €132,556 | +€27,129 | +25.7% |
| Deferred charges and accrued income | 490/1 | €8,623 | €906 | -€7,717 | -89.5% |
| Total equity and liabilities | 10/49 | €142,181 | €212,383 | +€70,203 | +49.4% |
| Equity | 10/15 | €89,923 | €151,791 | +€61,868 | +68.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €131,444 | €131,444 | = | 0.0% |
| Distributable reserves | 133 | €131,444 | €131,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,521 | -€4,653 | +€61,868 | +93.0% |
| Amounts payable | 17/49 | €52,257 | €60,592 | +€8,335 | +15.9% |
| Amounts payable within one year | 42/48 | €52,257 | €60,592 | +€8,335 | +15.9% |
| Financial debts | 43 | €147 | €194 | +€47 | +31.9% |
| Credit institutions | 430/8 | €147 | €194 | +€47 | +31.9% |
| Trade debts | 44 | €9,278 | €9,711 | +€433 | +4.7% |
| Suppliers | 440/4 | €9,278 | €9,711 | +€433 | +4.7% |
| Taxes, remuneration and social security | 45 | €6,000 | €0 | -€6,000 | -100% |
| Taxes | 450/3 | €6,000 | €0 | -€6,000 | -100% |
| Other amounts payable | 47/48 | €36,833 | €50,688 | +€13,855 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,779 | +€7,779 | |
| Other operating charges | 640/8 | €819 | €517 | -€302 | -36.9% |
| Gross operating margin | 9900 | -€65,975 | €70,678 | +€136,653 | |
| Operating profit (loss) | 9901 | -€66,795 | €62,381 | +€129,176 | |
| Financial income | 75/76B | €650 | €32 | -€618 | -95.0% |
| Recurring financial income | 75 | €650 | €32 | -€618 | -95.0% |
| Financial charges | 65/66B | €377 | €405 | +€29 | +7.6% |
| Recurring financial charges | 65 | €377 | €405 | +€29 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | -€66,521 | €62,009 | +€128,529 | |
| Income taxes | 67/77 | €0 | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€66,521 | €61,868 | +€128,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,521 | €61,868 | +€128,388 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.