SEVANA: what changed
Two fiscal 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.
SEVANA
Largest movements
- Tangible fixed assets -€269
no longer reported in 2025 (was €269)
- Cash +€119
up €119 (+56.3%), from €211 to €330
mainly Other debts (+€3,400) and Depreciation (+€269)
- Profit (loss) carried forward -€3,551
down €3,551 (-19.5%), from -€18,213 to -€21,764
- Other debts +€3,400
up €3,400 (+27.4%), from €12,393 to €15,793
- Gross operating margin +€1,921
up €1,921 (+37.2%), from -€5,159 to -€3,238
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 | €480 | €330 | -€151 | -31.3% |
| Fixed assets | 21/28 | €269 | - | -€269 | |
| Tangible fixed assets | 22/27 | €269 | - | -€269 | |
| Plant, machinery and equipment | 23 | €269 | - | -€269 | |
| Current assets | 29/58 | €211 | €330 | +€119 | +56.3% |
| Cash at bank and in hand | 54/58 | €211 | €330 | +€119 | +56.3% |
| Total equity and liabilities | 10/49 | €480 | €330 | -€151 | -31.3% |
| Equity | 10/15 | -€11,913 | -€15,464 | -€3,551 | -29.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Outside capital | 11 | €6,300 | €6,300 | = | 0.0% |
| Other | 1109/19 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,213 | -€21,764 | -€3,551 | -19.5% |
| Amounts payable | 17/49 | €12,393 | €15,793 | +€3,400 | +27.4% |
| Amounts payable within one year | 42/48 | €12,393 | €15,793 | +€3,400 | +27.4% |
| Other amounts payable | 47/48 | €12,393 | €15,793 | +€3,400 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €269 | -€0 | 0.0% |
| Gross operating margin | 9900 | -€5,159 | -€3,238 | +€1,921 | +37.2% |
| Operating profit (loss) | 9901 | -€5,428 | -€3,507 | +€1,921 | +35.4% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,467 | -€3,551 | +€1,916 | +35.1% |
| Profit (loss) for the period | 9904 | -€5,467 | -€3,551 | +€1,916 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,467 | -€3,551 | +€1,916 | +35.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.