SVS RENOV: 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 RENOV
Largest movements
- Cash +€16,988
up €16,988 (+54.0%), from €31,436 to €48,425
mainly Net result for the year (+€12,341) and Debts after one year (+€11,850)
- Tangible fixed assets +€16,822
up €16,822 (+1,813%), from €928 to €17,750
of which Furniture and vehicles: +€12,734
- Deferred charges and accrued income +€924
up €924 (+279%), from €331 to €1,255
- Profit (loss) carried forward +€12,341
up €12,341 (+46.8%), from €26,397 to €38,738
- Debts after one year +€11,850
new in 2025: €11,850
- Other debts +€5,799
up €5,799 (+106%), from €5,491 to €11,290
- Current portion of long-term debt +€3,091
new in 2025: €3,091
- Contributions +€3,000
new in 2025: €3,000
- Gross operating margin -€14,378
down €14,378 (-41.2%), from €34,928 to €20,550
- Taxes -€4,133
down €4,133 (-56.4%), from €7,322 to €3,189
- Depreciation +€2,757
up €2,757 (+232%), from €1,186 to €3,943
- Financial charges +€776
up €776 (+3,418%), from €23 to €799
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 | €35,410 | €70,666 | +€35,256 | +99.6% |
| Fixed assets | 21/28 | €928 | €17,750 | +€16,822 | +1,813% |
| Tangible fixed assets | 22/27 | €928 | €17,750 | +€16,822 | +1,813% |
| Plant, machinery and equipment | 23 | - | €4,088 | +€4,088 | |
| Furniture and vehicles | 24 | €928 | €13,662 | +€12,734 | +1,372% |
| Current assets | 29/58 | €34,482 | €52,916 | +€18,434 | +53.5% |
| Amounts receivable within one year | 40/41 | €2,715 | €3,237 | +€522 | +19.2% |
| Trade receivables | 40 | - | €48 | +€48 | |
| Other amounts receivable | 41 | €2,715 | €3,189 | +€474 | +17.5% |
| Cash at bank and in hand | 54/58 | €31,436 | €48,425 | +€16,988 | +54.0% |
| Deferred charges and accrued income | 490/1 | €331 | €1,255 | +€924 | +279% |
| Total equity and liabilities | 10/49 | €35,410 | €70,666 | +€35,256 | +99.6% |
| Equity | 10/15 | €26,397 | €41,738 | +€15,341 | +58.1% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €26,397 | €38,738 | +€12,341 | +46.8% |
| Amounts payable | 17/49 | €9,013 | €28,928 | +€19,915 | +221% |
| Amounts payable after more than one year | 17 | - | €11,850 | +€11,850 | |
| Financial debts | 170/4 | - | €11,850 | +€11,850 | |
| Amounts payable within one year | 42/48 | €9,013 | €17,078 | +€8,065 | +89.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,091 | +€3,091 | |
| Trade debts | 44 | €1,200 | - | -€1,200 | |
| Suppliers | 440/4 | €1,200 | - | -€1,200 | |
| Taxes, remuneration and social security | 45 | €2,322 | €2,697 | +€375 | +16.1% |
| Taxes | 450/3 | €2,322 | €2,697 | +€375 | +16.1% |
| Other amounts payable | 47/48 | €5,491 | €11,290 | +€5,799 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186 | €3,943 | +€2,757 | +232% |
| Other operating charges | 640/8 | - | €278 | +€278 | |
| Gross operating margin | 9900 | €34,928 | €20,550 | -€14,378 | -41.2% |
| Operating profit (loss) | 9901 | €33,742 | €16,329 | -€17,413 | -51.6% |
| Financial charges | 65/66B | €23 | €799 | +€776 | +3,418% |
| Recurring financial charges | 65 | €23 | €799 | +€776 | +3,418% |
| Profit (loss) for the period before taxes | 9903 | €33,719 | €15,530 | -€18,189 | -53.9% |
| Income taxes | 67/77 | €7,322 | €3,189 | -€4,133 | -56.4% |
| Profit (loss) for the period | 9904 | €26,397 | €12,341 | -€14,055 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,397 | €12,341 | -€14,055 | -53.2% |
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 23 October 2026 via checked.be.