SVS: 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.
SVS
Largest movements
- Cash -€2,727
down €2,727 (-79.4%), from €3,435 to €708
mainly Trade debts (-€4,322) and Receivables within one year (-€2,032)
- Receivables within one year +€2,032
up €2,032 (+19.0%), from €10,701 to €12,733
of which Other amounts receivable: +€7,153
- Tangible fixed assets +€300
up €300 (+9.6%), from €3,136 to €3,436
of which Furniture and vehicles: +€231
- Trade debts -€4,322
down €4,322 (-91.8%), from €4,710 to €388
of which Suppliers: -€4,322
- Reserves +€3,330
up €3,330 (+45.9%), from €7,256 to €10,586
- Tax, wage and social debts +€2,676
up €2,676 (+115.0%), from €2,327 to €5,003
- Other debts -€2,027
no longer reported in 2022 (was €2,027)
- Purchases and services +€57,743
new in 2022: €57,743
- Gross operating margin -€5,452
down €5,452 (-43.0%), from €12,675 to €7,223
- Financial charges -€1,128
down €1,128 (-84.7%), from €1,332 to €204
- Taxes -€438
down €438 (-18.8%), from €2,327 to €1,889
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,321 | €16,977 | -€344 | -2.0% |
| Fixed assets | 21/28 | €3,136 | €3,436 | +€300 | +9.6% |
| Tangible fixed assets | 22/27 | €3,136 | €3,436 | +€300 | +9.6% |
| Plant, machinery and equipment | 23 | €1,710 | €1,779 | +€69 | +4.0% |
| Furniture and vehicles | 24 | €1,426 | €1,657 | +€231 | +16.2% |
| Current assets | 29/58 | €14,185 | €13,541 | -€644 | -4.5% |
| Amounts receivable after more than one year | 29 | - | €100 | +€100 | |
| Other amounts receivable | 291 | - | €100 | +€100 | |
| Amounts receivable within one year | 40/41 | €10,701 | €12,733 | +€2,032 | +19.0% |
| Trade receivables | 40 | €8,213 | €3,092 | -€5,121 | -62.4% |
| Other amounts receivable | 41 | €2,488 | €9,641 | +€7,153 | +287.5% |
| Cash at bank and in hand | 54/58 | €3,435 | €708 | -€2,727 | -79.4% |
| Deferred charges and accrued income | 490/1 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €17,321 | €16,977 | -€344 | -2.0% |
| Equity | 10/15 | €8,256 | €11,586 | +€3,330 | +40.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,256 | €10,586 | +€3,330 | +45.9% |
| Distributable reserves | 133 | €7,256 | €10,586 | +€3,330 | +45.9% |
| Amounts payable | 17/49 | €9,064 | €5,391 | -€3,673 | -40.5% |
| Amounts payable within one year | 42/48 | €9,064 | €5,391 | -€3,673 | -40.5% |
| Trade debts | 44 | €4,710 | €388 | -€4,322 | -91.8% |
| Suppliers | 440/4 | €4,710 | €388 | -€4,322 | -91.8% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,327 | €5,003 | +€2,676 | +115.0% |
| Taxes | 450/3 | €2,327 | €5,003 | +€2,676 | +115.0% |
| Other amounts payable | 47/48 | €2,027 | - | -€2,027 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €57,743 | +€57,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,698 | €1,617 | -€81 | -4.8% |
| Other operating charges | 640/8 | €62 | €183 | +€122 | +197.6% |
| Gross operating margin | 9900 | €12,675 | €7,223 | -€5,452 | -43.0% |
| Operating profit (loss) | 9901 | €10,915 | €5,423 | -€5,492 | -50.3% |
| Financial charges | 65/66B | €1,332 | €204 | -€1,128 | -84.7% |
| Recurring financial charges | 65 | €1,332 | €204 | -€1,128 | -84.7% |
| Profit (loss) for the period before taxes | 9903 | €9,583 | €5,219 | -€4,364 | -45.5% |
| Income taxes | 67/77 | €2,327 | €1,889 | -€438 | -18.8% |
| Profit (loss) for the period | 9904 | €7,256 | €3,330 | -€3,926 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,256 | €3,330 | -€3,926 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.