SEVAN
Annual accounts 2025
abbreviated format, filed on 22-06-2026, 39 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €59,000 and €360,000.
Balance sheet
balance sheet total €354,581 on 31-12-2025in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
354,581 | 358,831 | 405,967 | 373,510 | 367,000 | 355,498 | 347,291 | 343,721 | 343,545 | 334,400 | 328,067 | 318,581 | 314,833 | 311,281 | 310,486 | 330,082 | 306,790 | 310,869 | 313,727 | 312,542 | |
21/28 |
173,971 | 149,038 | 157,540 | 156,721 | 145,075 | 147,181 | 144,894 | 159,953 | 175,896 | 163,160 | 160,728 | 164,665 | 171,168 | 185,661 | 207,530 | 226,242 | 184,483 | 194,759 | 184,324 | 195,635 | |
22/27 |
173,971 | 149,038 | 157,540 | 156,721 | 145,075 | 147,181 | 144,894 | 159,953 | 175,896 | 163,160 | 160,728 | 164,665 | 171,168 | 185,661 | 207,530 | 226,242 | 184,483 | 194,759 | 184,324 | 195,635 | |
22 |
173,971 | 149,038 | 157,540 | 156,721 | 145,075 | 147,181 | 144,894 | 159,953 | 175,896 | 163,160 | 160,728 | 164,665 | 171,168 | 185,661 | 207,530 | 226,242 | 184,483 | 194,759 | 184,324 | 195,635 | |
23 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
180,609 | 209,792 | 248,428 | 216,789 | 221,925 | 208,317 | 202,397 | 183,768 | 167,649 | 171,240 | 167,339 | 153,916 | 143,665 | 125,620 | 102,956 | 103,840 | 122,307 | 116,110 | 129,402 | 116,907 | |
29 |
15,155 | 21,061 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
15,155 | 21,061 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
157,841 | 153,688 | 139,716 | 138,379 | 134,291 | 131,657 | 129,739 | 131,517 | 138,823 | 136,105 | 133,445 | 101,325 | 98,709 | 95,339 | 91,990 | 88,447 | 85,489 | 82,424 | 96,621 | 90,741 | |
40 |
- | - | - | - | - | - | - | 21 | - | - | - | 109 | - | - | - | - | - | - | - | - | |
41 |
157,841 | 153,688 | 139,716 | 138,379 | 134,291 | 131,657 | 129,739 | 131,496 | 138,823 | 136,105 | 133,445 | 101,216 | 98,709 | 95,339 | 91,990 | 88,447 | 85,489 | 82,424 | 96,621 | 90,741 | |
50/53 |
- | - | - | 51,720 | 51,720 | 51,720 | - | - | - | - | - | - | - | 262 | 260 | 259 | 17,719 | 17,524 | 17,222 | 17,263 | |
54/58 |
7,046 | 34,493 | 107,109 | 25,316 | 34,617 | 23,672 | 71,421 | 51,057 | 28,826 | 32,635 | 33,894 | 47,591 | 44,957 | 30,020 | 10,706 | 10,935 | 19,099 | 16,162 | 15,560 | 5,432 | |
490/1 |
567 | 550 | 1,603 | 1,374 | 1,297 | 1,266 | 1,237 | 1,194 | - | 2,500 | - | 5,000 | - | - | - | 4,200 | - | - | - | 3,471 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
354,581 | 358,831 | 405,967 | 373,510 | 367,000 | 355,498 | 347,291 | 343,721 | 343,545 | 334,400 | 328,067 | 318,581 | 314,833 | 311,281 | 310,486 | 330,082 | 306,790 | 310,869 | 313,727 | 312,542 | |
10/15 |
349,584 | 344,485 | 345,830 | 371,532 | 363,444 | 353,793 | 346,574 | 343,004 | 336,748 | 334,273 | 327,941 | 318,455 | 314,706 | 310,955 | 310,360 | 309,260 | 306,036 | 306,441 | 305,781 | 301,228 | |
10/11 |
250,626 | 250,626 | 250,626 | 300,626 | 300,626 | 300,626 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
10 |
250,000 | 250,000 | 250,000 | 300,000 | 300,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
250,000 | 250,000 | 250,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
11 |
626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | |
1100/10 |
626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | 626 | |
13 |
98,958 | 93,859 | 95,204 | 70,906 | 62,818 | 53,167 | 45,948 | 42,378 | 36,122 | 33,647 | 27,315 | 17,829 | 14,080 | 10,329 | 9,734 | 8,634 | 5,410 | 5,815 | 5,155 | 3,271 | |
130/1 |
8,811 | 8,551 | 8,300 | 6,800 | 6,350 | 5,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
8,811 | 8,551 | 8,300 | 6,800 | 6,350 | 5,800 | 5,400 | 5,200 | 4,850 | 4,700 | 4,300 | 3,800 | 3,600 | 3,400 | 3,300 | 3,200 | 3,000 | 3,000 | 2,857 | 2,757 | |
133 |
90,147 | 85,308 | 86,904 | 64,106 | 56,468 | 47,367 | 40,548 | 37,178 | 31,272 | 28,947 | 23,015 | 14,029 | 10,480 | 6,929 | 6,434 | 5,434 | 2,410 | 2,815 | 2,299 | 514 | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,669 | |
17/49 |
4,997 | 14,346 | 60,137 | 1,978 | 3,556 | 1,704 | 717 | 717 | 6,797 | 126 | 126 | 126 | 126 | 326 | 126 | 20,822 | 754 | 4,428 | 7,945 | 11,314 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 628 | 4,302 | 7,819 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 628 | 4,302 | 7,819 | |
42/48 |
4,997 | 14,346 | 60,137 | 1,978 | 3,556 | 1,704 | 717 | 717 | 6,797 | 126 | 126 | 126 | 126 | 326 | 126 | 20,822 | 754 | 3,800 | 3,644 | 3,495 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 628 | 3,674 | 3,517 | 3,369 | |
44 |
- | - | - | - | - | - | 591 | - | 6,671 | - | - | - | - | 200 | - | - | - | - | - | - | |
440/4 |
- | - | - | - | - | - | 591 | - | 6,671 | - | - | - | - | 200 | - | - | - | - | - | - | |
45 |
1,221 | 6,362 | 6,362 | 1,852 | 3,430 | 1,578 | - | 591 | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
1,221 | 6,362 | 6,362 | 1,852 | 3,430 | 1,578 | - | 591 | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
3,776 | 7,984 | 53,776 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 20,822 | 126 | 126 | 126 | 126 | |
| Income statement | |||||||||||||||||||||
9900 |
20,955 | 19,649 | 18,434 | 19,300 | 22,253 | 21,997 | 22,571 | 26,147 | 24,047 | 24,858 | 25,738 | 22,727 | 25,874 | 24,739 | 25,085 | 26,210 | 16,077 | 16,010 | 18,258 | 14,245 | |
630 |
11,339 | 8,501 | 8,345 | 6,426 | 5,349 | 8,024 | 15,059 | 15,943 | 18,359 | 15,250 | 12,676 | 15,661 | 19,763 | 21,870 | 21,870 | 21,238 | 14,111 | 13,728 | 11,312 | 11,312 | |
640/8 |
8,241 | 7,992 | 7,845 | 7,162 | 6,858 | 6,736 | 6,009 | 5,888 | 5,801 | 5,856 | 5,979 | 5,960 | 5,896 | 5,708 | 5,663 | 5,655 | 5,655 | 5,420 | 5,313 | 5,262 | |
9901 |
1,375 | 3,155 | 2,244 | 5,712 | 10,046 | 7,236 | 1,504 | 4,316 | -114 | 3,752 | 7,083 | 1,106 | 215 | -2,839 | -2,448 | -683 | -3,690 | -3,138 | 1,633 | -2,329 | |
75/76B |
4,996 | 3,608 | 42,146 | 4,654 | 3,925 | 3,211 | 2,580 | 2,676 | 2,733 | 2,702 | 2,426 | 2,713 | 3,607 | 3,497 | 3,578 | 3,998 | 3,497 | 4,183 | 3,436 | 2,700 | |
75 |
4,996 | 3,608 | 42,146 | 4,654 | 3,925 | 3,211 | 2,580 | 2,676 | 2,733 | 2,702 | 2,426 | 2,713 | 3,607 | 3,497 | 3,578 | 3,998 | 3,497 | 4,183 | 3,436 | 2,700 | |
65/66B |
75 | 74 | 1,135 | 69 | 82 | 961 | 177 | 145 | 145 | 122 | 22 | 71 | 70 | 64 | 30 | 91 | 212 | 385 | 515 | 1,040 | |
65 |
75 | 74 | 1,135 | 69 | 82 | 961 | 177 | 145 | 145 | 122 | 22 | 71 | 70 | 64 | 30 | 91 | 212 | 385 | 515 | 1,040 | |
9903 |
6,295 | 6,690 | 43,255 | 10,297 | 13,890 | 9,486 | 3,907 | 6,847 | 2,474 | 6,333 | 9,486 | 3,749 | 3,752 | 594 | 1,100 | 3,224 | -405 | 659 | 4,554 | -669 | |
67/77 |
1,196 | 2,129 | 13,744 | 2,209 | 4,239 | 2,267 | 337 | 591 | - | - | - | - | - | - | - | - | - | - | - | 4 | |
9904 |
5,099 | 4,562 | 29,511 | 8,089 | 9,650 | 7,219 | 3,570 | 6,257 | 2,474 | 6,333 | 9,486 | 3,749 | 3,752 | 594 | 1,100 | 3,224 | -405 | 659 | 4,554 | -673 | |
9905 |
5,099 | 4,562 | 29,511 | 8,089 | 9,650 | 7,219 | 3,570 | 6,257 | 2,474 | 6,333 | 9,486 | 3,749 | 3,752 | 594 | 1,100 | 3,224 | -405 | 659 | 4,554 | -673 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
5,099 | 4,562 | 29,511 | 8,089 | 9,650 | 7,219 | 3,570 | 6,257 | 2,474 | 6,333 | 9,486 | 3,749 | 3,752 | 594 | 1,100 | 3,224 | -405 | 659 | 1,884 | -2,669 | |
791/2 |
- | 5,907 | 5,213 | - | - | - | - | - | - | - | - | - | - | - | - | - | 405 | - | - | - | |
691/2 |
5,099 | 4,562 | 29,511 | 8,089 | 9,650 | 7,219 | 3,570 | 6,257 | 2,474 | 6,333 | 9,486 | 3,749 | 3,752 | 594 | 1,100 | 3,224 | - | 659 | 1,884 | - | |
6920 |
260 | 251 | 1,500 | 450 | 550 | 400 | 200 | 350 | 150 | 400 | 500 | 200 | 200 | 100 | 100 | 200 | - | 143 | 100 | - | |
6921 |
4,839 | 4,311 | 28,011 | 7,639 | 9,100 | 6,819 | 3,370 | 5,907 | 2,324 | 5,933 | 8,986 | 3,549 | 3,552 | 494 | 1,000 | 3,024 | - | 516 | 1,784 | - | |
694/7 |
- | 5,907 | 5,213 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 5,907 | 5,213 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00189345 | |
| 31-12-2024 | abbreviated format | 13-06-2025 | 2025-00137624 | |
| 31-12-2023 | abbreviated format | 15-07-2024 | 2024-00245261 | |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00168411 | |
| 31-12-2021 | abbreviated format | 17-06-2022 | 2022-20070440 | |
| 31-12-2020 | abbreviated format | 08-06-2021 | 2021-18300463 | |
| 31-12-2019 | abbreviated format | 26-05-2020 | 2020-13000292 | |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-18900433 | |
| 31-12-2017 | abbreviated format | 26-06-2018 | 2018-23900456 | |
| 31-12-2016 | abbreviated format | 21-06-2017 | 2017-20100389 | |
| 31-12-2015 | abbreviated format | 16-06-2016 | 2016-18500171 | |
| 31-12-2014 | abbreviated format | 26-06-2015 | 2015-21900167 | |
| 31-12-2013 | abbreviated format | 18-07-2014 | 2014-32000009 | |
| 31-12-2012 | abbreviated format | 17-07-2013 | 2013-31300081 | |
| 31-12-2011 | abbreviated format | 18-07-2012 | 2012-30800073 | |
| 31-12-2010 | abbreviated format | 22-06-2011 | 2011-19300477 | |
| 31-12-2009 | abbreviated format | 15-07-2010 | 2010-31400571 | |
| 31-12-2008 | abbreviated format | 29-06-2009 | 2009-31800362 | |
| 31-12-2007 | abbreviated format | 14-07-2008 | 2008-40500267 | |
| 31-12-2006 | abbreviated format | 06-07-2007 | 2007-37300180 | |
| 31-12-2005 | abbreviated format | 19-06-2006 | 2006-26804094 | |
| 31-12-2004 | abbreviated format | 09-06-2005 | 2005-23104688 | |
| 31-12-2003 | abbreviated format | 08-07-2004 | 2004-42602371 | |
| 31-12-2002 | abbreviated format | 13-06-2003 | 2003-23503896 | |
| 31-12-2001 | abbreviated format | 11-06-2002 | 2002-19405124 | |
| 31-12-2000 | abbreviated format | 22-06-2001 | 2001-25402020 | |
| 31-12-1999 | abbreviated format | 09-06-2000 | 2000-20400271 | |
| 31-12-1998 | abbreviated format | 14-06-1999 | 1999-17703340 | |
| 31-12-1997 | abbreviated format | 30-06-1998 | 1998-26202173 | |
| 31-12-1996 | abbreviated format | 29-08-1997 | 1997-40402268 | |
| 31-12-1995 | abbreviated format | 18-06-1996 | 1996-17801334 | |
| 31-12-1994 | abbreviated format | 28-06-1995 | 1995-30801715 | |
| 31-12-1993 | abbreviated format | 17-06-1994 | 1994-16501696 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,714 | 11,657 | 10,589 | 12,138 | 15,395 | 15,260 | 16,562 | 20,259 | 18,246 | 19,002 | 19,759 | 16,767 | 19,978 | 19,031 | 19,422 | 20,555 | 10,421 | 10,590 | 12,944 | 8,983 | ||
| 16,438 | 13,063 | 37,856 | 14,515 | 14,999 | 15,244 | 18,629 | 22,200 | 20,834 | 21,582 | 22,162 | 19,410 | 23,515 | 22,464 | 22,970 | 24,462 | 13,706 | 14,387 | 15,865 | 10,639 | ||
| 36,272 | 0 | 9,164 | 18,073 | 3,243 | 10,311 | 0 | 0 | 31,095 | 17,682 | 8,739 | 9,159 | 5,270 | 0 | 3,158 | 62,997 | 3,836 | 24,162 | 1 | - | ||
| -27,447 | -72,616 | 81,793 | -9,301 | 10,944 | -47,749 | 20,364 | 22,231 | -3,809 | -1,260 | -13,697 | 2,634 | 14,936 | 19,314 | -229 | -8,164 | 2,937 | 603 | 10,128 | - | ||
| 175,613 | 195,447 | 188,290 | 214,811 | 218,369 | 206,612 | 201,680 | 183,051 | 160,851 | 171,113 | 167,213 | 153,790 | 143,539 | 125,294 | 102,830 | 83,018 | 121,553 | 112,310 | 125,759 | 113,412 | ||
| 98.6% | 96.0% | 85.2% | 99.5% | 99.0% | 99.5% | 99.8% | 99.8% | 98.0% | 100.0% | 100.0% | 100.0% | 100.0% | 99.9% | 100.0% | 93.7% | 99.8% | 98.6% | 97.5% | 96.4% | ||
| 36.15 | 14.62 | 4.13 | - | 62.41 | - | - | - | 24.66 | - | - | - | - | - | - | 4.99 | - | 30.55 | 35.51 | 33.45 | ||
| 0.01 | 0.04 | 0.17 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.01 | 0.03 | 0.04 | ||
| 1.5% | 1.3% | 8.5% | 2.2% | 2.7% | 2.0% | 1.0% | 1.8% | 0.7% | 1.9% | 2.9% | 1.2% | 1.2% | 0.2% | 0.4% | 1.0% | -0.1% | 0.2% | 1.5% | -0.2% | ||
| 1.4% | 1.3% | 7.3% | 2.2% | 2.6% | 2.0% | 1.0% | 1.8% | 0.7% | 1.9% | 2.9% | 1.2% | 1.2% | 0.2% | 0.4% | 1.0% | -0.1% | 0.2% | 1.5% | -0.2% | ||
| over 100 | over 100 | 9.33 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €36,272 | - | €9,164 | €18,073 | €3,243 |
| €11,339 | €8,501 | €8,345 | €6,426 | €5,349 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SEVAN
The operating result for 2025 is 56% lower than in 2024 and the lowest since 2017.
Debt's share of the balance-sheet total falls from 4.0% to 1.4%. Equity is higher and debt is lower.