SVPTE: 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.
What changed
SVPTE
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€184,329
2024 · €108,644+€75,685
Equity
€532,371
2024 · €548,042-€15,671
Cash
€21,308
2024 · €49,746-€28,438
Balance sheet total
€1.8m
2024 · €2.0m-€207,003
Largest movements
Assets
- Tangible fixed assets -€131,600
down €131,600 (-35.3%), from €372,792 to €241,191
of which Furniture and vehicles: -€131,600
- Receivables within one year -€52,041
down €52,041 (-3.3%), from €1.6m to €1.5m
of which Other amounts receivable: -€753,979
- Cash -€28,438
down €28,438 (-57.2%), from €49,746 to €21,308
mainly Other debts (-€412,251) and Contributions, distributions and other (-€200,000)
Equity and liabilities
- Other debts -€412,251
down €412,251 (-58.8%), from €701,234 to €288,983
- Trade debts +€202,444
up €202,444 (+37.9%), from €533,681 to €736,125
Income statement
- Turnover +€682,587
up €682,587 (+16.7%), from €4.1m to €4.8m
- Goods and materials +€500,540
up €500,540 (+25.1%), from €2.0m to €2.5m
- Services and other goods +€67,955
up €67,955 (+10.8%), from €626,535 to €694,490
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.
Result 2024
€108,644
Turnover
+€682,587
Other operating income
-€11,917
Goods and materials
-€500,540
Services and other goods
-€67,955
Staff costs
-€14,457
Depreciation
+€17,443
Write-downs
+€1,175
Other operating charges
+€2,473
Financial income
-€6,217
Financial charges
-€3,728
Taxes
-€23,179
Result 2025
€184,329
raises the resultlowers the result
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.
From operations
+€161,478
Investment
€0
Financing
-€189,916
Cash 2024
€49,746
From operations (derived)
+€161,478
Net result for the year
+€184,329
Depreciation
+€131,600
Receivables within one year
+€52,041
Deferred charges and accrued income
-€5,076
Trade debts
+€202,444
Tax, wage and social debts
+€8,390
Other debts
-€412,251
Financing
-€189,916
Short-term financial debts
+€10,084
Contributions, distributions and other
-€200,000
Cash 2025
€21,308
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,009,573 | €1,802,569 | -€207,003 | -10.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €372,792 | €241,191 | -€131,600 | -35.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €372,792 | €241,191 | -€131,600 | -35.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €372,792 | €241,191 | -€131,600 | -35.3% |
| Current assets | 29/58 | €1,636,781 | €1,561,378 | -€75,403 | -4.6% |
| Amounts receivable within one year | 40/41 | €1,584,880 | €1,532,839 | -€52,041 | -3.3% |
| Trade receivables | 40 | €768,275 | €1,470,213 | +€701,938 | +91.4% |
| Other amounts receivable | 41 | €816,605 | €62,626 | -€753,979 | -92.3% |
| Cash at bank and in hand | 54/58 | €49,746 | €21,308 | -€28,438 | -57.2% |
| Deferred charges and accrued income | 490/1 | €2,155 | €7,230 | +€5,076 | +236% |
| Total equity and liabilities | 10/49 | €2,009,573 | €1,802,569 | -€207,003 | -10.3% |
| Equity | 10/15 | €548,042 | €532,371 | -€15,671 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €541,842 | €526,171 | -€15,671 | -2.9% |
| Tax-exempt reserves | 132 | €24,750 | €24,750 | = | 0.0% |
| Distributable reserves | 133 | €517,092 | €501,421 | -€15,671 | -3.0% |
| Amounts payable | 17/49 | €1,461,531 | €1,270,198 | -€191,333 | -13.1% |
| Amounts payable within one year | 42/48 | €1,461,531 | €1,270,198 | -€191,333 | -13.1% |
| Financial debts | 43 | - | €10,084 | +€10,084 | |
| Credit institutions | 430/8 | - | €10,084 | +€10,084 | |
| Trade debts | 44 | €533,681 | €736,125 | +€202,444 | +37.9% |
| Suppliers | 440/4 | €533,681 | €736,125 | +€202,444 | +37.9% |
| Taxes, remuneration and social security | 45 | €226,615 | €235,005 | +€8,390 | +3.7% |
| Taxes | 450/3 | €66,417 | €68,086 | +€1,668 | +2.5% |
| Remuneration and social security | 454/9 | €160,198 | €166,920 | +€6,722 | +4.2% |
| Other amounts payable | 47/48 | €701,234 | €288,983 | -€412,251 | -58.8% |
| Operating income | 70/76A | €4,116,415 | €4,787,085 | +€670,670 | +16.3% |
| Turnover | 70 | €4,083,811 | €4,766,397 | +€682,587 | +16.7% |
| Other operating income | 74 | €32,605 | €20,687 | -€11,917 | -36.6% |
| Operating charges | 60/66A | €3,973,006 | €4,534,867 | +€561,860 | +14.1% |
| Goods for resale, raw materials and consumables | 60 | €1,991,332 | €2,491,872 | +€500,540 | +25.1% |
| Purchases | 600/8 | €1,991,332 | €2,491,872 | +€500,540 | +25.1% |
| Services and other goods | 61 | €626,535 | €694,490 | +€67,955 | +10.8% |
| Remuneration, social security and pensions | 62 | €1,192,308 | €1,206,765 | +€14,457 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,044 | €131,600 | -€17,443 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €195 | -€979 | -€1,175 | |
| Other operating charges | 640/8 | €13,591 | €11,119 | -€2,473 | -18.2% |
| Operating profit (loss) | 9901 | €143,409 | €252,218 | +€108,809 | +75.9% |
| Financial income | 75/76B | €13,417 | €7,200 | -€6,217 | -46.3% |
| Recurring financial income | 75 | €13,417 | €7,200 | -€6,217 | -46.3% |
| Income from current assets | 751 | €11,799 | €6,661 | -€5,138 | -43.5% |
| Other financial income | 752/9 | €1,618 | €539 | -€1,079 | -66.7% |
| Financial charges | 65/66B | €1,682 | €5,410 | +€3,728 | +222% |
| Recurring financial charges | 65 | €1,682 | €5,410 | +€3,728 | +222% |
| Debt charges | 650 | €132 | €2,109 | +€1,976 | +1,494% |
| Other financial charges | 652/9 | €1,550 | €3,302 | +€1,752 | +113% |
| Profit (loss) for the period before taxes | 9903 | €155,144 | €254,008 | +€98,864 | +63.7% |
| Income taxes | 67/77 | €46,500 | €69,679 | +€23,179 | +49.8% |
| Taxes | 670/3 | €46,500 | €70,000 | +€23,500 | +50.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €321 | +€321 | |
| Profit (loss) for the period | 9904 | €108,644 | €184,329 | +€75,685 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €108,644 | €184,329 | +€75,685 | +69.7% |
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 15 October 2026 via checked.be.