SVP Group: 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 Group
Largest movements
- Cash +€24,249
up €24,249 (+93.8%), from €25,840 to €50,090
mainly Net result for the year (+€21,866) and Depreciation (+€11,964)
- Tangible fixed assets -€5,686
down €5,686 (-31.3%), from €18,188 to €12,502
of which Plant, machinery and equipment: -€7,112
- Reserves +€20,297
up €20,297 (+56.0%), from €36,244 to €56,542
- Debts after one year -€3,800
no longer reported in 2025 (was €3,800)
- Trade debts +€1,880
new in 2025: €1,880
- Profit (loss) carried forward +€1,866
new in 2025: €1,866
- Current portion of long-term debt -€1,560
down €1,560 (-21.5%), from €7,264 to €5,705
- Gross operating margin +€14,641
up €14,641 (+47.3%), from €30,983 to €45,624
- Depreciation +€3,503
up €3,503 (+41.4%), from €8,461 to €11,964
- Taxes +€3,014
up €3,014 (+43.9%), from €6,859 to €9,873
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 | €53,090 | €70,809 | +€17,719 | +33.4% |
| Fixed assets | 21/28 | €18,985 | €12,928 | -€6,057 | -31.9% |
| Intangible fixed assets | 21 | €796 | €426 | -€371 | -46.6% |
| Tangible fixed assets | 22/27 | €18,188 | €12,502 | -€5,686 | -31.3% |
| Plant, machinery and equipment | 23 | €15,809 | €8,697 | -€7,112 | -45.0% |
| Furniture and vehicles | 24 | €2,379 | €3,805 | +€1,426 | +59.9% |
| Current assets | 29/58 | €34,105 | €57,881 | +€23,776 | +69.7% |
| Amounts receivable within one year | 40/41 | €6,632 | €6,485 | -€147 | -2.2% |
| Trade receivables | 40 | €4,991 | €5,560 | +€569 | +11.4% |
| Other amounts receivable | 41 | €1,641 | €925 | -€716 | -43.6% |
| Cash at bank and in hand | 54/58 | €25,840 | €50,090 | +€24,249 | +93.8% |
| Deferred charges and accrued income | 490/1 | €1,633 | €1,307 | -€326 | -20.0% |
| Total equity and liabilities | 10/49 | €53,090 | €70,809 | +€17,719 | +33.4% |
| Equity | 10/15 | €40,244 | €62,407 | +€22,163 | +55.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €36,244 | €56,542 | +€20,297 | +56.0% |
| Distributable reserves | 133 | €36,244 | €56,542 | +€20,297 | +56.0% |
| Profit (loss) carried forward | 14 | - | €1,866 | +€1,866 | |
| Amounts payable | 17/49 | €12,845 | €8,402 | -€4,444 | -34.6% |
| Amounts payable after more than one year | 17 | €3,800 | - | -€3,800 | |
| Financial debts | 170/4 | €3,800 | - | -€3,800 | |
| Amounts payable within one year | 42/48 | €9,046 | €8,402 | -€644 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,264 | €5,705 | -€1,560 | -21.5% |
| Trade debts | 44 | - | €1,880 | +€1,880 | |
| Suppliers | 440/4 | - | €1,880 | +€1,880 | |
| Taxes, remuneration and social security | 45 | €1,335 | €378 | -€957 | -71.7% |
| Taxes | 450/3 | €1,335 | €378 | -€957 | -71.7% |
| Other amounts payable | 47/48 | €447 | €440 | -€7 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,461 | €11,964 | +€3,503 | +41.4% |
| Other operating charges | 640/8 | €718 | €1,149 | +€430 | +59.9% |
| Gross operating margin | 9900 | €30,983 | €45,624 | +€14,641 | +47.3% |
| Operating profit (loss) | 9901 | €21,804 | €32,512 | +€10,708 | +49.1% |
| Financial income | 75/76B | €19 | €76 | +€57 | +306% |
| Recurring financial income | 75 | €19 | €76 | +€57 | +306% |
| Financial charges | 65/66B | €625 | €849 | +€224 | +35.9% |
| Recurring financial charges | 65 | €625 | €849 | +€224 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €21,197 | €31,738 | +€10,541 | +49.7% |
| Income taxes | 67/77 | €6,859 | €9,873 | +€3,014 | +43.9% |
| Profit (loss) for the period | 9904 | €14,338 | €21,866 | +€7,527 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,338 | €21,866 | +€7,527 | +52.5% |
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 17 October 2026 via checked.be.