SVYCK: 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.
SVYCK
Largest movements
- Cash +€12,584
up €12,584 (+29.9%), from €42,102 to €54,685
mainly Other debts (+€153,660) and Net result for the year (+€37,432)
- Receivables within one year -€6,519
down €6,519 (-21.2%), from €30,714 to €24,195
of which Other amounts receivable: -€6,519
- Tangible fixed assets -€2,956
down €2,956 (-3.1%), from €96,576 to €93,620
of which Furniture and vehicles: -€1,926
- Other debts +€153,660
new in 2025: €153,660
- Reserves -€150,568
down €150,568 (-70.4%), from €213,732 to €63,164
- Debts after one year -€30,000
down €30,000 (-66.7%), from €45,000 to €15,000
- Tax, wage and social debts +€21,990
up €21,990 (+234.8%), from €9,366 to €31,357
- Trade debts +€8,964
up €8,964 (+693.0%), from €1,293 to €10,257
- Gross operating margin -€17,921
down €17,921 (-21.5%), from €83,295 to €65,374
- Depreciation -€5,655
down €5,655 (-30.7%), from €18,410 to €12,756
- Taxes -€3,821
down €3,821 (-21.5%), from €17,776 to €13,955
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.
Cash bridge derived
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 | €274,391 | €278,438 | +€4,046 | +1.5% |
| Fixed assets | 21/28 | €201,576 | €198,620 | -€2,956 | -1.5% |
| Tangible fixed assets | 22/27 | €96,576 | €93,620 | -€2,956 | -3.1% |
| Furniture and vehicles | 24 | €2,534 | €608 | -€1,926 | -76.0% |
| Other tangible fixed assets | 26 | €94,042 | €93,012 | -€1,030 | -1.1% |
| Financial fixed assets | 28 | €105,000 | €105,000 | = | 0.0% |
| Current assets | 29/58 | €72,816 | €79,817 | +€7,002 | +9.6% |
| Amounts receivable within one year | 40/41 | €30,714 | €24,195 | -€6,519 | -21.2% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €12,564 | €6,045 | -€6,519 | -51.9% |
| Cash at bank and in hand | 54/58 | €42,102 | €54,685 | +€12,584 | +29.9% |
| Deferred charges and accrued income | 490/1 | €0 | €937 | +€937 | |
| Total equity and liabilities | 10/49 | €274,391 | €278,438 | +€4,046 | +1.5% |
| Equity | 10/15 | €218,732 | €68,164 | -€150,568 | -68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €213,732 | €63,164 | -€150,568 | -70.4% |
| Distributable reserves | 133 | €213,732 | €63,164 | -€150,568 | -70.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,660 | €210,274 | +€154,614 | +277.8% |
| Amounts payable after more than one year | 17 | €45,000 | €15,000 | -€30,000 | -66.7% |
| Other amounts payable | 178/9 | €45,000 | €15,000 | -€30,000 | -66.7% |
| Amounts payable within one year | 42/48 | €10,660 | €195,274 | +€184,614 | +1731.9% |
| Trade debts | 44 | €1,293 | €10,257 | +€8,964 | +693.0% |
| Suppliers | 440/4 | €1,293 | €10,257 | +€8,964 | +693.0% |
| Taxes, remuneration and social security | 45 | €9,366 | €31,357 | +€21,990 | +234.8% |
| Taxes | 450/3 | €9,366 | €31,357 | +€21,990 | +234.8% |
| Other amounts payable | 47/48 | - | €153,660 | +€153,660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,410 | €12,756 | -€5,655 | -30.7% |
| Other operating charges | 640/8 | €542 | €614 | +€71 | +13.2% |
| Gross operating margin | 9900 | €83,295 | €65,374 | -€17,921 | -21.5% |
| Operating profit (loss) | 9901 | €64,342 | €52,005 | -€12,337 | -19.2% |
| Financial income | 75/76B | €764 | €0 | -€764 | -100.0% |
| Recurring financial income | 75 | €764 | €0 | -€764 | -100.0% |
| Financial charges | 65/66B | €582 | €618 | +€35 | +6.0% |
| Recurring financial charges | 65 | €582 | €618 | +€35 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €64,524 | €51,387 | -€13,137 | -20.4% |
| Income taxes | 67/77 | €17,776 | €13,955 | -€3,821 | -21.5% |
| Profit (loss) for the period | 9904 | €46,748 | €37,432 | -€9,315 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,748 | €37,432 | -€9,315 | -19.9% |
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 11 October 2026 via checked.be.