SEMPERVIRENS: 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.
What changed
SEMPERVIRENS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45,264
2024 · -€14,480+€59,744
Equity
€2.7m
2024 · €2.6m+€45,264
Cash
€338
2024 · €487-€149
Balance sheet total
€4.0m
2024 · €4.0m+€18,438
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€85,872
up €85,872 (+1,430%), from €6,004 to €91,875
- Taxes +€19,283
new in 2025: €19,283
- Depreciation +€11,570
up €11,570 (+217%), from €5,342 to €16,912
- Financial charges +€2,452
up €2,452 (+8.7%), from €28,152 to €30,604
- Other operating charges -€2,387
down €2,387 (-57.4%), from €4,157 to €1,770
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.
Result 2024
-€14,480
Gross operating margin
+€85,872
Depreciation
-€11,570
Other operating charges
+€2,387
Financial income
+€1,712
Financial charges
-€2,452
Taxes
-€19,283
Deferred taxes and other
+€3,079
Result 2025
€45,264
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€19,248
Investment
-€700
Financing
-€18,697
Cash 2024
€487
From operations (derived)
+€19,248
Net result for the year
+€45,264
Depreciation
+€16,912
Receivables within one year
-€34,768
Deferred charges and accrued income
-€31
Provisions
-€3,921
Trade debts
-€1,452
Tax, wage and social debts
-€1,422
Accrued charges and deferred income
-€1,334
Investment (derived)
-€700
Investment in fixed assets (net)
-€700
Financing
-€18,697
Debts after one year
-€8,417
Current portion of long-term debt
-€10,280
Cash 2025
€338
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,987,817 | €4,006,255 | +€18,438 | +0.5% |
| Fixed assets | 21/28 | €368,866 | €352,654 | -€16,212 | -4.4% |
| Tangible fixed assets | 22/27 | €368,866 | €351,954 | -€16,912 | -4.6% |
| Land and buildings | 22 | €368,866 | €351,954 | -€16,912 | -4.6% |
| Financial fixed assets | 28 | - | €700 | +€700 | |
| Current assets | 29/58 | €3,618,950 | €3,653,600 | +€34,650 | +1.0% |
| Amounts receivable within one year | 40/41 | €3,615,659 | €3,650,427 | +€34,768 | +1.0% |
| Trade receivables | 40 | €388,721 | €480,483 | +€91,762 | +23.6% |
| Other amounts receivable | 41 | €3,226,938 | €3,169,943 | -€56,995 | -1.8% |
| Cash at bank and in hand | 54/58 | €487 | €338 | -€149 | -30.5% |
| Deferred charges and accrued income | 490/1 | €2,805 | €2,836 | +€31 | +1.1% |
| Total equity and liabilities | 10/49 | €3,987,817 | €4,006,255 | +€18,438 | +0.5% |
| Equity | 10/15 | €2,642,911 | €2,688,175 | +€45,264 | +1.7% |
| Contributions | 10/11 | €200,794 | €200,794 | = | 0.0% |
| Capital | 10 | €200,794 | €200,794 | = | 0.0% |
| Issued capital | 100 | €200,794 | €200,794 | = | 0.0% |
| Reserves | 13 | €2,454,072 | €2,487,381 | +€33,309 | +1.4% |
| Non-distributable reserves | 130/1 | €20,079 | €20,079 | = | 0.0% |
| Legal reserve | 130 | €20,079 | €20,079 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,025,079 | €2,012,242 | -€12,837 | -0.6% |
| Distributable reserves | 133 | €408,913 | €455,060 | +€46,146 | +11.3% |
| Profit (loss) carried forward | 14 | -€11,955 | - | +€11,955 | |
| Provisions and deferred taxes | 16 | €668,776 | €664,855 | -€3,921 | -0.6% |
| Deferred taxes | 168 | €668,776 | €664,855 | -€3,921 | -0.6% |
| Amounts payable | 17/49 | €676,130 | €653,224 | -€22,905 | -3.4% |
| Amounts payable after more than one year | 17 | €325,920 | €317,503 | -€8,417 | -2.6% |
| Financial debts | 170/4 | €325,920 | €317,503 | -€8,417 | -2.6% |
| Amounts payable within one year | 42/48 | €348,876 | €335,721 | -€13,154 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €20,642 | €10,362 | -€10,280 | -49.8% |
| Trade debts | 44 | €87,658 | €86,206 | -€1,452 | -1.7% |
| Suppliers | 440/4 | €87,658 | €86,206 | -€1,452 | -1.7% |
| Taxes, remuneration and social security | 45 | €224,576 | €223,154 | -€1,422 | -0.6% |
| Taxes | 450/3 | €224,576 | €223,154 | -€1,422 | -0.6% |
| Other amounts payable | 47/48 | €16,000 | €16,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,334 | - | -€1,334 | |
| Non-recurring operating income | 76A | - | €460 | +€460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,342 | €16,912 | +€11,570 | +217% |
| Other operating charges | 640/8 | €4,157 | €1,770 | -€2,387 | -57.4% |
| Gross operating margin | 9900 | €6,004 | €91,875 | +€85,872 | +1,430% |
| Operating profit (loss) | 9901 | -€3,496 | €73,193 | +€76,689 | |
| Financial income | 75/76B | €16,326 | €18,038 | +€1,712 | +10.5% |
| Recurring financial income | 75 | €16,326 | €18,038 | +€1,712 | +10.5% |
| Financial charges | 65/66B | €28,152 | €30,604 | +€2,452 | +8.7% |
| Recurring financial charges | 65 | €28,152 | €30,604 | +€2,452 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,322 | €60,626 | +€75,948 | |
| Transfer from deferred taxes | 780 | €842 | €3,921 | +€3,079 | +366% |
| Income taxes | 67/77 | - | €19,283 | +€19,283 | |
| Profit (loss) for the period | 9904 | -€14,480 | €45,264 | +€59,744 | |
| Transfer from tax-exempt reserves | 789 | €2,525 | €12,837 | +€10,311 | +408% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,955 | €58,101 | +€70,055 |
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 16 October 2026 via checked.be.