SVNPS: 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.
SVNPS
Largest movements
- Tangible fixed assets +€22,207
up €22,207 (+132.8%), from €16,725 to €38,932
of which Plant, machinery and equipment: +€17,599
- Receivables within one year +€16,123
up €16,123 (+70.3%), from €22,920 to €39,043
of which Other amounts receivable: +€15,636
- Cash -€7,304
down €7,304 (-99.9%), from €7,310 to €6
mainly Investment in fixed assets (net) (-€28,928) and Receivables within one year (-€16,123)
- Deferred charges and accrued income -€1,380
down €1,380 (-42.3%), from €3,265 to €1,885
- Profit (loss) carried forward +€31,995
up €31,995 (+104.7%), from €30,545 to €62,540
- Current portion of long-term debt -€11,700
down €11,700 (-82.9%), from €14,120 to €2,420
- Tax, wage and social debts +€10,502
up €10,502 (+226.4%), from €4,638 to €15,140
- Debts after one year -€2,420
no longer reported in 2025 (was €2,420)
- Trade debts +€1,269
up €1,269 (+231.8%), from €548 to €1,817
- Gross operating margin +€31,428
up €31,428 (+186.3%), from €16,871 to €48,299
- Taxes +€5,085
up €5,085 (+109.6%), from €4,638 to €9,723
- Depreciation +€2,399
up €2,399 (+55.5%), from €4,323 to €6,722
- Financial charges -€586
down €586 (-52.7%), from €1,114 to €527
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 | €55,271 | €84,916 | +€29,646 | +53.6% |
| Fixed assets | 21/28 | €16,775 | €38,982 | +€22,207 | +132.4% |
| Tangible fixed assets | 22/27 | €16,725 | €38,932 | +€22,207 | +132.8% |
| Plant, machinery and equipment | 23 | - | €17,599 | +€17,599 | |
| Furniture and vehicles | 24 | €7,216 | €5,524 | -€1,692 | -23.4% |
| Other tangible fixed assets | 26 | €9,509 | €15,808 | +€6,299 | +66.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €38,495 | €45,934 | +€7,439 | +19.3% |
| Amounts receivable within one year | 40/41 | €22,920 | €39,043 | +€16,123 | +70.3% |
| Trade receivables | 40 | €5,942 | €6,428 | +€486 | +8.2% |
| Other amounts receivable | 41 | €16,979 | €32,615 | +€15,636 | +92.1% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,310 | €6 | -€7,304 | -99.9% |
| Deferred charges and accrued income | 490/1 | €3,265 | €1,885 | -€1,380 | -42.3% |
| Total equity and liabilities | 10/49 | €55,271 | €84,916 | +€29,646 | +53.6% |
| Equity | 10/15 | €33,545 | €65,540 | +€31,995 | +95.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,545 | €62,540 | +€31,995 | +104.7% |
| Amounts payable | 17/49 | €21,726 | €19,377 | -€2,349 | -10.8% |
| Amounts payable after more than one year | 17 | €2,420 | - | -€2,420 | |
| Financial debts | 170/4 | €2,420 | - | -€2,420 | |
| Amounts payable within one year | 42/48 | €19,306 | €19,377 | +€71 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €14,120 | €2,420 | -€11,700 | -82.9% |
| Trade debts | 44 | €548 | €1,817 | +€1,269 | +231.8% |
| Suppliers | 440/4 | €548 | €1,817 | +€1,269 | +231.8% |
| Taxes, remuneration and social security | 45 | €4,638 | €15,140 | +€10,502 | +226.4% |
| Taxes | 450/3 | €4,638 | €15,140 | +€10,502 | +226.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,323 | €6,722 | +€2,399 | +55.5% |
| Other operating charges | 640/8 | €543 | €599 | +€56 | +10.2% |
| Gross operating margin | 9900 | €16,871 | €48,299 | +€31,428 | +186.3% |
| Operating profit (loss) | 9901 | €12,005 | €40,979 | +€28,973 | +241.3% |
| Financial income | 75/76B | €1,573 | €1,266 | -€307 | -19.5% |
| Recurring financial income | 75 | €488 | €1,266 | +€778 | +159.3% |
| Non-recurring financial income | 76B | €1,085 | - | -€1,085 | |
| Financial charges | 65/66B | €1,114 | €527 | -€586 | -52.7% |
| Recurring financial charges | 65 | €1,114 | €527 | -€586 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €12,465 | €41,718 | +€29,253 | +234.7% |
| Income taxes | 67/77 | €4,638 | €9,723 | +€5,085 | +109.6% |
| Profit (loss) for the period | 9904 | €7,827 | €31,995 | +€24,168 | +308.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,827 | €31,995 | +€24,168 | +308.8% |
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 11 October 2026 via checked.be.