La Sève: 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.
La Sève
Largest movements
- Cash +€366,935
up €366,935 (+116%), from €316,167 to €683,102
mainly Current investments (+€250,000) and Receivables within one year (+€108,879)
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Receivables within one year -€108,879
down €108,879 (-49.0%), from €222,225 to €113,346
of which Other amounts receivable: -€112,112
- Tangible fixed assets +€19,129
up €19,129 (+2.1%), from €900,895 to €920,023
of which Furniture and vehicles: +€31,847
- Profit (loss) carried forward +€54,349
up €54,349 (+23.2%), from €233,802 to €288,151
- Debts within one year -€36,979
down €36,979 (-13.0%), from €284,949 to €247,970
of which Tax, wage and social debts: -€67,848
- Accrued charges and deferred income +€29,645
up €29,645 (+6.4%), from €462,208 to €491,853
- Turnover -€153,346
no longer reported in 2025 (was €153,346)
- Gross operating margin +€142,835
up €142,835 (+10.2%), from €1.4m to €1.5m
- Staff costs +€45,337
up €45,337 (+3.3%), from €1.4m to €1.4m
- Depreciation +€24,111
up €24,111 (+42.0%), from €57,439 to €81,550
- Purchases and services -€20,243
down €20,243 (-8.1%), from €249,293 to €229,050
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 | €1,731,749 | €1,763,209 | +€31,460 | +1.8% |
| Fixed assets | 21/28 | €902,295 | €924,055 | +€21,761 | +2.4% |
| Intangible fixed assets | 21 | - | €2,632 | +€2,632 | |
| Tangible fixed assets | 22/27 | €900,895 | €920,023 | +€19,129 | +2.1% |
| Land and buildings | 22 | €821,270 | €810,423 | -€10,846 | -1.3% |
| Plant, machinery and equipment | 23 | €36,849 | €34,978 | -€1,872 | -5.1% |
| Furniture and vehicles | 24 | €34,306 | €66,153 | +€31,847 | +92.8% |
| Assets under construction and advance payments | 27 | €8,470 | €8,470 | = | 0.0% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €829,454 | €839,154 | +€9,699 | +1.2% |
| Amounts receivable within one year | 40/41 | €222,225 | €113,346 | -€108,879 | -49.0% |
| Trade receivables | 40 | €20,404 | €23,636 | +€3,232 | +15.8% |
| Other amounts receivable | 41 | €201,822 | €89,710 | -€112,112 | -55.5% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €316,167 | €683,102 | +€366,935 | +116% |
| Deferred charges and accrued income | 490/1 | €41,062 | €42,706 | +€1,644 | +4.0% |
| Total equity and liabilities | 10/49 | €1,731,749 | €1,763,209 | +€31,460 | +1.8% |
| Equity | 10/15 | €984,592 | €1,023,386 | +€38,794 | +3.9% |
| Contributions | 10/11 | €270,912 | €270,912 | = | 0.0% |
| Capital | 10 | €270,912 | €270,912 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €233,802 | €288,151 | +€54,349 | +23.2% |
| Investment grants | 15 | €479,879 | €464,324 | -€15,554 | -3.2% |
| Amounts payable | 17/49 | €747,157 | €739,823 | -€7,334 | -1.0% |
| Amounts payable within one year | 42/48 | €284,949 | €247,970 | -€36,979 | -13.0% |
| Trade debts | 44 | €25,985 | €84,535 | +€58,550 | +225% |
| Suppliers | 440/4 | €25,985 | €84,535 | +€58,550 | +225% |
| Taxes, remuneration and social security | 45 | €213,084 | €145,236 | -€67,848 | -31.8% |
| Taxes | 450/3 | €27,730 | €69 | -€27,662 | -99.8% |
| Remuneration and social security | 454/9 | €185,354 | €145,168 | -€40,187 | -21.7% |
| Accrued charges and deferred income | 492/3 | €462,208 | €491,853 | +€29,645 | +6.4% |
| Turnover | 70 | €153,346 | - | -€153,346 | |
| Membership fees, donations, legacies and grants | 73 | €1,475,911 | €1,776,012 | +€300,101 | +20.3% |
| Non-recurring operating income | 76A | €276 | €2,045 | +€1,769 | +642% |
| Goods, raw materials, services and sundry goods | 60/61 | €249,293 | €229,050 | -€20,243 | -8.1% |
| Remuneration, social security and pensions | 62 | €1,353,653 | €1,398,990 | +€45,337 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,439 | €81,550 | +€24,111 | +42.0% |
| Other operating charges | 640/8 | €30,541 | €44,290 | +€13,749 | +45.0% |
| Non-recurring operating charges | 66A | €813 | €1,667 | +€854 | +105% |
| Gross operating margin | 9900 | €1,406,172 | €1,549,007 | +€142,835 | +10.2% |
| Operating profit (loss) | 9901 | -€36,274 | €22,511 | +€58,784 | |
| Financial income | 75/76B | €34,061 | €32,045 | -€2,017 | -5.9% |
| Recurring financial income | 75 | €34,061 | €32,045 | -€2,017 | -5.9% |
| Financial charges | 65/66B | €199 | €207 | +€8 | +3.9% |
| Recurring financial charges | 65 | €199 | €207 | +€8 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,411 | €54,349 | +€56,760 | |
| Profit (loss) for the period | 9904 | -€2,411 | €54,349 | +€56,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,411 | €54,349 | +€56,760 |
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 19 October 2026 via checked.be.