SVS SOLUTIONS: what changed
Two fiscal 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 SOLUTIONS
Largest movements
- Receivables within one year +€21,204
up €21,204 (+145.0%), from €14,622 to €35,826
of which Trade receivables: +€21,031
- Cash -€11,797
down €11,797 (-30.1%), from €39,129 to €27,332
mainly Receivables within one year (-€21,204) and Other debts (-€2,700)
- Deferred charges and accrued income -€2,456
no longer reported in 2024 (was €2,456)
- Profit (loss) carried forward +€8,145
up €8,145 (+67.4%), from €12,081 to €20,226
- Other debts -€2,700
down €2,700 (-87.2%), from €3,094 to €395
- Tax, wage and social debts +€2,581
up €2,581 (+71.2%), from €3,628 to €6,209
- Accrued charges and deferred income -€849
down €849 (-3.0%), from €28,280 to €27,431
- Gross operating margin -€10,894
down €10,894 (-40.9%), from €26,621 to €15,727
- Other operating charges -€4,483
down €4,483 (-75.8%), from €5,914 to €1,431
- Financial charges -€1,565
down €1,565 (-33.1%), from €4,722 to €3,157
- Taxes -€1,047
down €1,047 (-28.8%), from €3,628 to €2,581
- Financial income -€270
down €270 (-100.0%), from €270 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,722 | €64,261 | +€6,539 | +11.3% |
| Formation expenses | 20 | €1,516 | €1,104 | -€413 | -27.2% |
| Current assets | 29/58 | €56,206 | €63,158 | +€6,952 | +12.4% |
| Amounts receivable within one year | 40/41 | €14,622 | €35,826 | +€21,204 | +145.0% |
| Trade receivables | 40 | €10,523 | €31,554 | +€21,031 | +199.9% |
| Other amounts receivable | 41 | €4,099 | €4,271 | +€173 | +4.2% |
| Cash at bank and in hand | 54/58 | €39,129 | €27,332 | -€11,797 | -30.1% |
| Deferred charges and accrued income | 490/1 | €2,456 | - | -€2,456 | |
| Total equity and liabilities | 10/49 | €57,722 | €64,261 | +€6,539 | +11.3% |
| Equity | 10/15 | €22,081 | €30,226 | +€8,145 | +36.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,081 | €20,226 | +€8,145 | +67.4% |
| Amounts payable | 17/49 | €35,641 | €34,035 | -€1,606 | -4.5% |
| Amounts payable within one year | 42/48 | €7,361 | €6,604 | -€757 | -10.3% |
| Trade debts | 44 | €639 | - | -€639 | |
| Suppliers | 440/4 | €639 | - | -€639 | |
| Taxes, remuneration and social security | 45 | €3,628 | €6,209 | +€2,581 | +71.2% |
| Taxes | 450/3 | €3,628 | €6,209 | +€2,581 | +71.2% |
| Other amounts payable | 47/48 | €3,094 | €395 | -€2,700 | -87.2% |
| Accrued charges and deferred income | 492/3 | €28,280 | €27,431 | -€849 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | €413 | -€134 | -24.5% |
| Other operating charges | 640/8 | €5,914 | €1,431 | -€4,483 | -75.8% |
| Gross operating margin | 9900 | €26,621 | €15,727 | -€10,894 | -40.9% |
| Operating profit (loss) | 9901 | €20,161 | €13,883 | -€6,278 | -31.1% |
| Financial income | 75/76B | €270 | €0 | -€270 | -100.0% |
| Recurring financial income | 75 | €270 | €0 | -€270 | -100.0% |
| Financial charges | 65/66B | €4,722 | €3,157 | -€1,565 | -33.1% |
| Recurring financial charges | 65 | €4,722 | €3,157 | -€1,565 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €15,709 | €10,726 | -€4,983 | -31.7% |
| Income taxes | 67/77 | €3,628 | €2,581 | -€1,047 | -28.8% |
| Profit (loss) for the period | 9904 | €12,081 | €8,145 | -€3,936 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,081 | €8,145 | -€3,936 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.