SVW Holding: 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.
SVW Holding
Largest movements
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Debts after one year -€192,961
down €192,961 (-47.9%), from €402,635 to €209,674
of which Trade debts: -€386,384
- Other debts +€152,280
up €152,280 (+81.7%), from €186,300 to €338,581
- Reserves +€19,820
up €19,820 (+13.2%), from €150,306 to €170,125
- Current portion of long-term debt -€15,627
down €15,627 (-49.0%), from €31,878 to €16,251
- Financial charges +€27,304
up €27,304 (+258%), from €10,587 to €37,891
- Gross operating margin +€8,048
up €8,048 (+14.9%), from €54,152 to €62,199
- Taxes -€6,276
down €6,276 (-48.7%), from €12,884 to €6,608
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 | €816,641 | €780,972 | -€35,669 | -4.4% |
| Fixed assets | 21/28 | €756,206 | €756,206 | = | 0.0% |
| Financial fixed assets | 28 | €756,206 | €756,206 | = | 0.0% |
| Current assets | 29/58 | €60,435 | €24,766 | -€35,669 | -59.0% |
| Amounts receivable within one year | 40/41 | €19,408 | €24,755 | +€5,347 | +27.6% |
| Trade receivables | 40 | - | €4,200 | +€4,200 | |
| Other amounts receivable | 41 | €19,408 | €20,555 | +€1,147 | +5.9% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,027 | €11 | -€1,016 | -98.9% |
| Total equity and liabilities | 10/49 | €816,641 | €780,972 | -€35,669 | -4.4% |
| Equity | 10/15 | €168,906 | €188,725 | +€19,820 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,306 | €170,125 | +€19,820 | +13.2% |
| Distributable reserves | 133 | €150,306 | €170,125 | +€19,820 | +13.2% |
| Amounts payable | 17/49 | €647,735 | €592,246 | -€55,489 | -8.6% |
| Amounts payable after more than one year | 17 | €402,635 | €209,674 | -€192,961 | -47.9% |
| Financial debts | 170/4 | €16,251 | €0 | -€16,251 | -100% |
| Trade debts | 175 | €386,384 | - | -€386,384 | |
| Other amounts payable | 178/9 | - | €209,674 | +€209,674 | |
| Amounts payable within one year | 42/48 | €239,630 | €382,572 | +€142,943 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €31,878 | €16,251 | -€15,627 | -49.0% |
| Trade debts | 44 | €6,922 | €13,243 | +€6,322 | +91.3% |
| Suppliers | 440/4 | €6,922 | €13,243 | +€6,322 | +91.3% |
| Taxes, remuneration and social security | 45 | €14,530 | €14,498 | -€32 | -0.2% |
| Taxes | 450/3 | €14,530 | €14,498 | -€32 | -0.2% |
| Other amounts payable | 47/48 | €186,300 | €338,581 | +€152,280 | +81.7% |
| Accrued charges and deferred income | 492/3 | €5,471 | €0 | -€5,471 | -100% |
| Other operating charges | 640/8 | €1,078 | €507 | -€571 | -52.9% |
| Gross operating margin | 9900 | €54,152 | €62,199 | +€8,048 | +14.9% |
| Operating profit (loss) | 9901 | €53,074 | €61,692 | +€8,619 | +16.2% |
| Financial income | 75/76B | €2,833 | €2,627 | -€207 | -7.3% |
| Recurring financial income | 75 | €2,833 | €2,627 | -€207 | -7.3% |
| Financial charges | 65/66B | €10,587 | €37,891 | +€27,304 | +258% |
| Recurring financial charges | 65 | €10,587 | €37,891 | +€27,304 | +258% |
| Profit (loss) for the period before taxes | 9903 | €45,320 | €26,428 | -€18,892 | -41.7% |
| Income taxes | 67/77 | €12,884 | €6,608 | -€6,276 | -48.7% |
| Profit (loss) for the period | 9904 | €32,436 | €19,820 | -€12,617 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,436 | €19,820 | -€12,617 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.