LE SEVAN: 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.
LE SEVAN
Largest movements
- Receivables within one year -€149,077
down €149,077 (-99.6%), from €149,672 to €594
- Cash +€143,674
up €143,674 (+45.8%), from €313,467 to €457,141
mainly Receivables within one year (+€149,077) and Contributions, distributions and other (+€2,039)
- Profit (loss) carried forward -€6,063
down €6,063 (-37.9%), from €16,007 to €9,944
- Taxes -€136,312
no longer reported in 2025 (was €136,312)
- Gross operating margin -€6,201
down €6,201 (-7,992%), from -€78 to -€6,279
- Financial income -€3,105
no longer reported in 2025 (was €3,105)
- Other operating charges -€1,417
down €1,417 (-78.5%), from €1,805 to €387
- Staff costs -€793
no longer reported in 2025 (was €793)
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 | €464,101 | €457,926 | -€6,175 | -1.3% |
| Fixed assets | 21/28 | €963 | €191 | -€772 | -80.2% |
| Tangible fixed assets | 22/27 | €963 | €191 | -€772 | -80.2% |
| Furniture and vehicles | 24 | €963 | €191 | -€772 | -80.2% |
| Current assets | 29/58 | €463,138 | €457,735 | -€5,403 | -1.2% |
| Amounts receivable within one year | 40/41 | €149,672 | €594 | -€149,077 | -99.6% |
| Other amounts receivable | 41 | €149,672 | €594 | -€149,077 | -99.6% |
| Cash at bank and in hand | 54/58 | €313,467 | €457,141 | +€143,674 | +45.8% |
| Total equity and liabilities | 10/49 | €464,101 | €457,926 | -€6,175 | -1.3% |
| Equity | 10/15 | €407,539 | €401,476 | -€6,063 | -1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €372,940 | €372,940 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €371,081 | €371,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,007 | €9,944 | -€6,063 | -37.9% |
| Amounts payable | 17/49 | €56,562 | €56,450 | -€112 | -0.2% |
| Amounts payable within one year | 42/48 | €56,562 | €56,450 | -€112 | -0.2% |
| Trade debts | 44 | €475 | €363 | -€112 | -23.6% |
| Suppliers | 440/4 | €475 | €363 | -€112 | -23.6% |
| Other amounts payable | 47/48 | €56,087 | €56,087 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €793 | - | -€793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €772 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,805 | €387 | -€1,417 | -78.5% |
| Gross operating margin | 9900 | -€78 | -€6,279 | -€6,201 | -7,992% |
| Operating profit (loss) | 9901 | -€3,448 | -€7,439 | -€3,991 | -116% |
| Financial income | 75/76B | €3,105 | - | -€3,105 | |
| Recurring financial income | 75 | €3,105 | - | -€3,105 | |
| Financial charges | 65/66B | €995 | €663 | -€332 | -33.4% |
| Recurring financial charges | 65 | €995 | €663 | -€332 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,337 | -€8,102 | -€6,765 | -506% |
| Income taxes | 67/77 | €136,312 | - | -€136,312 | |
| Profit (loss) for the period | 9904 | -€137,649 | -€8,102 | +€129,547 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€137,649 | -€8,102 | +€129,547 | +94.1% |
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 16 October 2026 via checked.be.