SVS SERVICE: 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 SERVICE
Largest movements
- Cash -€23,545
down €23,545 (-83.5%), from €28,183 to €4,637
mainly Receivables within one year (-€17,140) and Investment in fixed assets (net) (-€4,799)
- Receivables within one year +€17,140
up €17,140 (+1,068%), from €1,605 to €18,745
of which Trade receivables: +€16,121
- Tax, wage and social debts -€4,444
no longer reported in 2025 (was €4,444)
- Gross operating margin -€23,761
down €23,761 (-91.7%), from €25,921 to €2,160
- Financial income -€7,927
down €7,927 (-99.8%), from €7,942 to €15
of which Non-recurring financial income: -€7,923
- Taxes -€4,040
no longer reported in 2025 (was €4,040)
- Depreciation +€1,039
up €1,039 (+34.7%), from €2,997 to €4,036
- Other operating charges -€449
down €449 (-75.7%), from €593 to €144
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 | €268,304 | €262,662 | -€5,642 | -2.1% |
| Fixed assets | 21/28 | €238,517 | €239,280 | +€763 | +0.3% |
| Tangible fixed assets | 22/27 | €10,517 | €11,280 | +€763 | +7.3% |
| Plant, machinery and equipment | 23 | €1,333 | - | -€1,333 | |
| Furniture and vehicles | 24 | €782 | €4,744 | +€3,962 | +507% |
| Other tangible fixed assets | 26 | €8,402 | €6,536 | -€1,866 | -22.2% |
| Financial fixed assets | 28 | €228,000 | €228,000 | = | 0.0% |
| Current assets | 29/58 | €29,788 | €23,382 | -€6,406 | -21.5% |
| Amounts receivable within one year | 40/41 | €1,605 | €18,745 | +€17,140 | +1,068% |
| Trade receivables | 40 | €1,145 | €17,266 | +€16,121 | +1,408% |
| Other amounts receivable | 41 | €460 | €1,478 | +€1,019 | +222% |
| Cash at bank and in hand | 54/58 | €28,183 | €4,637 | -€23,545 | -83.5% |
| Total equity and liabilities | 10/49 | €268,304 | €262,662 | -€5,642 | -2.1% |
| Equity | 10/15 | €206,047 | €203,972 | -€2,075 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €185,587 | €183,512 | -€2,075 | -1.1% |
| Amounts payable | 17/49 | €62,257 | €58,690 | -€3,568 | -5.7% |
| Amounts payable within one year | 42/48 | €62,257 | €58,690 | -€3,568 | -5.7% |
| Trade debts | 44 | €443 | - | -€443 | |
| Suppliers | 440/4 | €443 | - | -€443 | |
| Taxes, remuneration and social security | 45 | €4,444 | - | -€4,444 | |
| Taxes | 450/3 | €4,444 | - | -€4,444 | |
| Other amounts payable | 47/48 | €57,370 | €58,690 | +€1,320 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,997 | €4,036 | +€1,039 | +34.7% |
| Other operating charges | 640/8 | €593 | €144 | -€449 | -75.7% |
| Gross operating margin | 9900 | €25,921 | €2,160 | -€23,761 | -91.7% |
| Operating profit (loss) | 9901 | €22,332 | -€2,020 | -€24,351 | |
| Financial income | 75/76B | €7,942 | €15 | -€7,927 | -99.8% |
| Recurring financial income | 75 | €19 | €15 | -€4 | -22.0% |
| Non-recurring financial income | 76B | €7,923 | - | -€7,923 | |
| Financial charges | 65/66B | €4 | €70 | +€66 | +1,538% |
| Recurring financial charges | 65 | €4 | €70 | +€66 | +1,538% |
| Profit (loss) for the period before taxes | 9903 | €30,270 | -€2,075 | -€32,345 | |
| Income taxes | 67/77 | €4,040 | - | -€4,040 | |
| Profit (loss) for the period | 9904 | €26,230 | -€2,075 | -€28,304 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,230 | -€2,075 | -€28,304 |
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 25 October 2026 via checked.be.