SVP Experts: 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.
SVP Experts
Largest movements
- Tangible fixed assets -€32,310
down €32,310 (-52.5%), from €61,549 to €29,239
of which Other tangible fixed assets: -€24,437
- Intangible fixed assets -€32,116
down €32,116 (-24.0%), from €134,078 to €101,962
- Cash -€15,360
down €15,360 (-41.6%), from €36,947 to €21,587
mainly Debts after one year (-€36,717) and Net result for the year (-€34,486)
- Deferred charges and accrued income +€4,822
up €4,822 (+230%), from €2,093 to €6,915
- Debts after one year -€36,717
down €36,717 (-68.6%), from €53,557 to €16,840
- Profit (loss) carried forward -€34,486
down €34,486 (-115%), from -€30,027 to -€64,514
- Tax, wage and social debts -€7,078
down €7,078 (-21.6%), from €32,768 to €25,690
of which Remuneration and social security: -€6,231
- Trade debts +€5,521
up €5,521 (+72.7%), from €7,591 to €13,113
- Staff costs +€8,117
up €8,117 (+6.5%), from €125,667 to €133,783
- Gross operating margin +€5,731
up €5,731 (+3.5%), from €163,887 to €169,618
- Depreciation +€3,268
up €3,268 (+5.1%), from €64,135 to €67,403
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 | €256,462 | €181,317 | -€75,145 | -29.3% |
| Fixed assets | 21/28 | €200,577 | €136,151 | -€64,426 | -32.1% |
| Intangible fixed assets | 21 | €134,078 | €101,962 | -€32,116 | -24.0% |
| Tangible fixed assets | 22/27 | €61,549 | €29,239 | -€32,310 | -52.5% |
| Plant, machinery and equipment | 23 | €968 | €3,013 | +€2,044 | +211% |
| Furniture and vehicles | 24 | €35,743 | €25,826 | -€9,918 | -27.7% |
| Other tangible fixed assets | 26 | €24,837 | €401 | -€24,437 | -98.4% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €55,885 | €45,166 | -€10,719 | -19.2% |
| Stocks and contracts in progress | 3 | €12,412 | €12,692 | +€280 | +2.3% |
| Stocks | 30/36 | €12,412 | €12,692 | +€280 | +2.3% |
| Amounts receivable within one year | 40/41 | €4,433 | €3,972 | -€461 | -10.4% |
| Trade receivables | 40 | €1,038 | €3,969 | +€2,931 | +282% |
| Other amounts receivable | 41 | €3,395 | €3 | -€3,392 | -99.9% |
| Cash at bank and in hand | 54/58 | €36,947 | €21,587 | -€15,360 | -41.6% |
| Deferred charges and accrued income | 490/1 | €2,093 | €6,915 | +€4,822 | +230% |
| Total equity and liabilities | 10/49 | €256,462 | €181,317 | -€75,145 | -29.3% |
| Equity | 10/15 | €118,983 | €84,497 | -€34,486 | -29.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €136,610 | €136,610 | = | 0.0% |
| Distributable reserves | 133 | €136,610 | €136,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,027 | -€64,514 | -€34,486 | -115% |
| Amounts payable | 17/49 | €137,479 | €96,820 | -€40,658 | -29.6% |
| Amounts payable after more than one year | 17 | €53,557 | €16,840 | -€36,717 | -68.6% |
| Financial debts | 170/4 | €53,557 | €16,840 | -€36,717 | -68.6% |
| Amounts payable within one year | 42/48 | €83,194 | €79,277 | -€3,917 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €38,535 | €36,717 | -€1,818 | -4.7% |
| Trade debts | 44 | €7,591 | €13,113 | +€5,521 | +72.7% |
| Suppliers | 440/4 | €7,591 | €13,113 | +€5,521 | +72.7% |
| Taxes, remuneration and social security | 45 | €32,768 | €25,690 | -€7,078 | -21.6% |
| Taxes | 450/3 | €9,335 | €8,488 | -€847 | -9.1% |
| Remuneration and social security | 454/9 | €23,432 | €17,202 | -€6,231 | -26.6% |
| Other amounts payable | 47/48 | €4,300 | €3,758 | -€543 | -12.6% |
| Accrued charges and deferred income | 492/3 | €728 | €703 | -€25 | -3.4% |
| Remuneration, social security and pensions | 62 | €125,667 | €133,783 | +€8,117 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,135 | €67,403 | +€3,268 | +5.1% |
| Other operating charges | 640/8 | €663 | €411 | -€252 | -38.0% |
| Gross operating margin | 9900 | €163,887 | €169,618 | +€5,731 | +3.5% |
| Operating profit (loss) | 9901 | -€26,578 | -€31,979 | -€5,401 | -20.3% |
| Financial income | 75/76B | €81 | €157 | +€76 | +93.2% |
| Recurring financial income | 75 | €81 | €157 | +€76 | +93.2% |
| Financial charges | 65/66B | €3,401 | €2,531 | -€870 | -25.6% |
| Recurring financial charges | 65 | €3,401 | €2,531 | -€870 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,898 | -€34,353 | -€4,455 | -14.9% |
| Income taxes | 67/77 | €129 | €133 | +€4 | +2.9% |
| Profit (loss) for the period | 9904 | -€30,027 | -€34,486 | -€4,459 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,027 | -€34,486 | -€4,459 | -14.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.