SVVQ: what changed
SVVQ
Largest movements
- Deferred charges and accrued income +€16,500
new in 2025: €16,500
- Tangible fixed assets -€9,691
down €9,691 (-46.7%), from €20,735 to €11,044
of which Furniture and vehicles: -€9,546
- Cash -€8,887
down €8,887 (-34.9%), from €25,482 to €16,595
mainly Deferred charges and accrued income (-€16,500) and Debts after one year (-€6,274)
- Receivables within one year -€1,918
down €1,918 (-77.4%), from €2,478 to €560
- Debts after one year -€6,274
no longer reported in 2025 (was €6,274)
- Trade debts +€3,458
up €3,458 (+260%), from €1,331 to €4,788
- Current portion of long-term debt -€2,758
down €2,758 (-30.5%), from €9,032 to €6,274
- Profit (loss) carried forward +€1,750
up €1,750 (+14.0%), from €12,512 to €14,263
- Other debts -€526
no longer reported in 2025 (was €526)
- Gross operating margin +€2,207
up €2,207 (+18.3%), from €12,083 to €14,290
- Taxes +€1,314
new in 2025: €1,314
- Depreciation +€1,285
up €1,285 (+15.3%), from €8,406 to €9,691
- Other operating charges -€463
down €463 (-35.8%), from €1,292 to €829
- Financial charges -€391
down €391 (-34.3%), from €1,140 to €749
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,295 | €45,299 | -€3,996 | -8.1% |
| Fixed assets | 21/28 | €20,735 | €11,044 | -€9,691 | -46.7% |
| Tangible fixed assets | 22/27 | €20,735 | €11,044 | -€9,691 | -46.7% |
| Plant, machinery and equipment | 23 | €176 | €30 | -€146 | -83.0% |
| Furniture and vehicles | 24 | €20,560 | €11,014 | -€9,546 | -46.4% |
| Current assets | 29/58 | €28,560 | €34,255 | +€5,695 | +19.9% |
| Stocks and contracts in progress | 3 | €600 | €600 | = | 0.0% |
| Stocks | 30/36 | €600 | €600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,478 | €560 | -€1,918 | -77.4% |
| Other amounts receivable | 41 | €2,478 | €560 | -€1,918 | -77.4% |
| Cash at bank and in hand | 54/58 | €25,482 | €16,595 | -€8,887 | -34.9% |
| Deferred charges and accrued income | 490/1 | - | €16,500 | +€16,500 | |
| Total equity and liabilities | 10/49 | €49,295 | €45,299 | -€3,996 | -8.1% |
| Equity | 10/15 | €31,872 | €33,623 | +€1,750 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,160 | €13,160 | = | 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 | €11,300 | €11,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,512 | €14,263 | +€1,750 | +14.0% |
| Amounts payable | 17/49 | €17,423 | €11,676 | -€5,747 | -33.0% |
| Amounts payable after more than one year | 17 | €6,274 | - | -€6,274 | |
| Financial debts | 170/4 | €6,274 | - | -€6,274 | |
| Amounts payable within one year | 42/48 | €11,149 | €11,676 | +€527 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,032 | €6,274 | -€2,758 | -30.5% |
| Trade debts | 44 | €1,331 | €4,788 | +€3,458 | +260% |
| Suppliers | 440/4 | €1,331 | €4,788 | +€3,458 | +260% |
| Taxes, remuneration and social security | 45 | €260 | €614 | +€354 | +136% |
| Taxes | 450/3 | - | €62 | +€62 | |
| Remuneration and social security | 454/9 | €260 | €552 | +€292 | +112% |
| Other amounts payable | 47/48 | €526 | - | -€526 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,406 | €9,691 | +€1,285 | +15.3% |
| Other operating charges | 640/8 | €1,292 | €829 | -€463 | -35.8% |
| Gross operating margin | 9900 | €12,083 | €14,290 | +€2,207 | +18.3% |
| Operating profit (loss) | 9901 | €2,385 | €3,770 | +€1,385 | +58.1% |
| Financial income | 75/76B | €44 | €44 | -€0 | -0.2% |
| Recurring financial income | 75 | €44 | €44 | -€0 | -0.2% |
| Financial charges | 65/66B | €1,140 | €749 | -€391 | -34.3% |
| Recurring financial charges | 65 | €1,140 | €749 | -€391 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €1,289 | €3,065 | +€1,776 | +138% |
| Income taxes | 67/77 | - | €1,314 | +€1,314 | |
| Profit (loss) for the period | 9904 | €1,289 | €1,750 | +€461 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,289 | €1,750 | +€461 | +35.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.