Cevassur: 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.
Cevassur
Largest movements
- Receivables within one year -€6,465
down €6,465 (-48.0%), from €13,459 to €6,994
of which Trade receivables: -€6,374
- Cash +€4,843
up €4,843 (+109.9%), from €4,406 to €9,248
mainly Receivables within one year (+€6,465) and Trade debts (+€3,633)
- Tangible fixed assets -€483
down €483 (-81.1%), from €595 to €113
- Profit (loss) carried forward -€6,436
down €6,436 (-54.6%), from -€11,790 to -€18,227
- Trade debts +€3,633
up €3,633 (+31.2%), from €11,660 to €15,294
- Other debts +€892
up €892 (+29.2%), from €3,056 to €3,948
- Tax, wage and social debts -€279
down €279 (-6.5%), from €4,328 to €4,049
- Gross operating margin -€18,524
down €18,524, from €13,313 to -€5,211
- Taxes +€820
up €820, from -€820 to €0
- Other operating charges -€401
down €401 (-40.2%), from €998 to €597
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 | €25,854 | €23,664 | -€2,190 | -8.5% |
| Fixed assets | 21/28 | €595 | €113 | -€483 | -81.1% |
| Tangible fixed assets | 22/27 | €595 | €113 | -€483 | -81.1% |
| Plant, machinery and equipment | 23 | €595 | €113 | -€483 | -81.1% |
| Current assets | 29/58 | €25,259 | €23,552 | -€1,708 | -6.8% |
| Stocks and contracts in progress | 3 | €7,285 | €7,285 | = | 0.0% |
| Stocks | 30/36 | €7,285 | €7,285 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,459 | €6,994 | -€6,465 | -48.0% |
| Trade receivables | 40 | €13,368 | €6,994 | -€6,374 | -47.7% |
| Other amounts receivable | 41 | €91 | €0 | -€91 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,406 | €9,248 | +€4,843 | +109.9% |
| Deferred charges and accrued income | 490/1 | €109 | €24 | -€86 | -78.4% |
| Total equity and liabilities | 10/49 | €25,854 | €23,664 | -€2,190 | -8.5% |
| Equity | 10/15 | €6,810 | €373 | -€6,436 | -94.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,790 | -€18,227 | -€6,436 | -54.6% |
| Amounts payable | 17/49 | €19,045 | €23,291 | +€4,246 | +22.3% |
| Amounts payable within one year | 42/48 | €19,045 | €23,291 | +€4,246 | +22.3% |
| Trade debts | 44 | €11,660 | €15,294 | +€3,633 | +31.2% |
| Suppliers | 440/4 | €11,660 | €15,294 | +€3,633 | +31.2% |
| Taxes, remuneration and social security | 45 | €4,328 | €4,049 | -€279 | -6.5% |
| Taxes | 450/3 | €4,328 | €4,049 | -€279 | -6.5% |
| Other amounts payable | 47/48 | €3,056 | €3,948 | +€892 | +29.2% |
| Non-recurring operating income | 76A | €291 | €0 | -€291 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €91 | +€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €563 | €483 | -€80 | -14.3% |
| Other operating charges | 640/8 | €998 | €597 | -€401 | -40.2% |
| Gross operating margin | 9900 | €13,313 | -€5,211 | -€18,524 | |
| Operating profit (loss) | 9901 | €11,752 | -€6,381 | -€18,133 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €54 | €55 | +€1 | +1.0% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €11,698 | -€6,436 | -€18,134 | |
| Income taxes | 67/77 | -€820 | €0 | +€820 | |
| Profit (loss) for the period | 9904 | €12,518 | -€6,436 | -€18,954 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,518 | -€6,436 | -€18,954 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.