SVNS Holding: 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.
SVNS Holding
Largest movements
- Cash +€121,695
up €121,695 (+153%), from €79,295 to €200,990
mainly Net result for the year (+€640,220) and Depreciation (+€38,973)
- Tangible fixed assets -€36,933
down €36,933 (-3.8%), from €967,120 to €930,186
of which Land and buildings: -€35,825
- Financial fixed assets -€31,425
down €31,425 (-2.3%), from €1.4m to €1.3m
- Reserves +€640,220
up €640,220 (+55.6%), from €1.2m to €1.8m
of which Distributable reserves: +€640,220
- Debts after one year -€550,874
down €550,874 (-41.0%), from €1.3m to €792,593
of which Other amounts payable: -€500,000
- Financial income +€494,881
up €494,881 (+11,059%), from €4,475 to €499,356
of which Non-recurring financial income: +€494,325
- Gross operating margin -€42,676
down €42,676 (-13.5%), from €316,966 to €274,291
- Depreciation -€26,466
down €26,466 (-40.4%), from €65,439 to €38,973
- Financial charges +€21,466
up €21,466 (+170%), from €12,617 to €34,083
- Taxes -€9,988
down €9,988 (-15.4%), from €64,798 to €54,811
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 | €2,649,557 | €2,727,525 | +€77,967 | +2.9% |
| Fixed assets | 21/28 | €2,339,970 | €2,271,611 | -€68,358 | -2.9% |
| Tangible fixed assets | 22/27 | €967,120 | €930,186 | -€36,933 | -3.8% |
| Land and buildings | 22 | €958,956 | €923,131 | -€35,825 | -3.7% |
| Plant, machinery and equipment | 23 | €2,428 | €3,204 | +€776 | +31.9% |
| Furniture and vehicles | 24 | €5,735 | €3,852 | -€1,884 | -32.8% |
| Financial fixed assets | 28 | €1,372,850 | €1,341,425 | -€31,425 | -2.3% |
| Current assets | 29/58 | €309,588 | €455,913 | +€146,325 | +47.3% |
| Amounts receivable after more than one year | 29 | €109,899 | €125,549 | +€15,650 | +14.2% |
| Other amounts receivable | 291 | €109,899 | €125,549 | +€15,650 | +14.2% |
| Amounts receivable within one year | 40/41 | €75,705 | €75,908 | +€203 | +0.3% |
| Other amounts receivable | 41 | €75,705 | €75,908 | +€203 | +0.3% |
| Current investments | 50/53 | €29,511 | €33,258 | +€3,747 | +12.7% |
| Cash at bank and in hand | 54/58 | €79,295 | €200,990 | +€121,695 | +153% |
| Deferred charges and accrued income | 490/1 | €15,177 | €20,208 | +€5,031 | +33.1% |
| Total equity and liabilities | 10/49 | €2,649,557 | €2,727,525 | +€77,967 | +2.9% |
| Equity | 10/15 | €1,170,444 | €1,810,664 | +€640,220 | +54.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,151,844 | €1,792,064 | +€640,220 | +55.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,149,984 | €1,790,204 | +€640,220 | +55.7% |
| Amounts payable | 17/49 | €1,479,113 | €916,860 | -€562,253 | -38.0% |
| Amounts payable after more than one year | 17 | €1,343,467 | €792,593 | -€550,874 | -41.0% |
| Financial debts | 170/4 | €343,467 | €292,593 | -€50,874 | -14.8% |
| Other amounts payable | 178/9 | €1,000,000 | €500,000 | -€500,000 | -50.0% |
| Amounts payable within one year | 42/48 | €119,467 | €103,088 | -€16,379 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €46,172 | €46,992 | +€820 | +1.8% |
| Trade debts | 44 | €81 | €319 | +€238 | +294% |
| Suppliers | 440/4 | €81 | €319 | +€238 | +294% |
| Taxes, remuneration and social security | 45 | €72,658 | €55,220 | -€17,437 | -24.0% |
| Taxes | 450/3 | €72,658 | €55,220 | -€17,437 | -24.0% |
| Other amounts payable | 47/48 | €556 | €556 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16,179 | €21,179 | +€5,000 | +30.9% |
| Non-recurring operating income | 76A | €55,554 | - | -€55,554 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,439 | €38,973 | -€26,466 | -40.4% |
| Other operating charges | 640/8 | €3,383 | €5,559 | +€2,177 | +64.4% |
| Gross operating margin | 9900 | €316,966 | €274,291 | -€42,676 | -13.5% |
| Operating profit (loss) | 9901 | €248,145 | €229,759 | -€18,386 | -7.4% |
| Financial income | 75/76B | €4,475 | €499,356 | +€494,881 | +11,059% |
| Recurring financial income | 75 | €4,475 | €5,031 | +€556 | +12.4% |
| Non-recurring financial income | 76B | - | €494,325 | +€494,325 | |
| Financial charges | 65/66B | €12,617 | €34,083 | +€21,466 | +170% |
| Recurring financial charges | 65 | €12,617 | €34,083 | +€21,466 | +170% |
| Profit (loss) for the period before taxes | 9903 | €240,002 | €695,031 | +€455,029 | +190% |
| Income taxes | 67/77 | €64,798 | €54,811 | -€9,988 | -15.4% |
| Profit (loss) for the period | 9904 | €175,204 | €640,220 | +€465,016 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €175,204 | €640,220 | +€465,016 | +265% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.