SEVATEC: 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.
SEVATEC
Largest movements
- Cash -€183,101
down €183,101 (-46.3%), from €395,335 to €212,233
mainly Investment in fixed assets (net) (-€85,360) and Net result for the year (-€56,899)
- Tangible fixed assets +€64,525
up €64,525 (+26.1%), from €247,176 to €311,701
of which Land and buildings: +€65,768
- Receivables within one year -€9,990
down €9,990 (-6.9%), from €143,852 to €133,861
of which Other amounts receivable: -€31,931
- Reserves -€102,214
down €102,214 (-19.1%), from €535,772 to €433,558
of which Distributable reserves: -€102,214
- Other debts -€12,454
down €12,454 (-11.9%), from €104,839 to €92,385
- Gross operating margin -€215,018
down €215,018, from €176,271 to -€38,747
- Taxes -€31,370
down €31,370, from €31,311 to -€59
- Depreciation -€28,423
down €28,423 (-57.7%), from €49,257 to €20,834
- Provisions -€5,030
down €5,030, from €829 to -€4,201
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 | €793,970 | €666,033 | -€127,937 | -16.1% |
| Fixed assets | 21/28 | €247,176 | €311,701 | +€64,525 | +26.1% |
| Tangible fixed assets | 22/27 | €247,176 | €311,701 | +€64,525 | +26.1% |
| Land and buildings | 22 | €193,006 | €258,773 | +€65,768 | +34.1% |
| Plant, machinery and equipment | 23 | €30,333 | €35,248 | +€4,914 | +16.2% |
| Furniture and vehicles | 24 | €23,837 | €17,680 | -€6,157 | -25.8% |
| Current assets | 29/58 | €546,794 | €354,332 | -€192,463 | -35.2% |
| Stocks and contracts in progress | 3 | €7,608 | €7,018 | -€590 | -7.8% |
| Stocks | 30/36 | €7,608 | €7,018 | -€590 | -7.8% |
| Amounts receivable within one year | 40/41 | €143,852 | €133,861 | -€9,990 | -6.9% |
| Trade receivables | 40 | €75,567 | €97,508 | +€21,941 | +29.0% |
| Other amounts receivable | 41 | €68,285 | €36,353 | -€31,931 | -46.8% |
| Cash at bank and in hand | 54/58 | €395,335 | €212,233 | -€183,101 | -46.3% |
| Deferred charges and accrued income | 490/1 | - | €1,219 | +€1,219 | |
| Total equity and liabilities | 10/49 | €793,970 | €666,033 | -€127,937 | -16.1% |
| Equity | 10/15 | €567,849 | €462,069 | -€105,779 | -18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €535,772 | €433,558 | -€102,214 | -19.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €533,912 | €431,698 | -€102,214 | -19.1% |
| Profit (loss) carried forward | 14 | €13,477 | €9,911 | -€3,565 | -26.5% |
| Provisions and deferred taxes | 16 | €82,095 | €77,894 | -€4,201 | -5.1% |
| Provisions for liabilities and charges | 160/5 | €82,095 | €77,894 | -€4,201 | -5.1% |
| Other liabilities and charges | 164/5 | €82,095 | €77,894 | -€4,201 | -5.1% |
| Amounts payable | 17/49 | €144,026 | €126,069 | -€17,957 | -12.5% |
| Amounts payable within one year | 42/48 | €140,911 | €123,112 | -€17,799 | -12.6% |
| Trade debts | 44 | €29,262 | €23,917 | -€5,345 | -18.3% |
| Suppliers | 440/4 | €29,262 | €23,917 | -€5,345 | -18.3% |
| Taxes, remuneration and social security | 45 | €6,810 | €6,810 | = | 0.0% |
| Taxes | 450/3 | €6,810 | €6,810 | = | 0.0% |
| Other amounts payable | 47/48 | €104,839 | €92,385 | -€12,454 | -11.9% |
| Accrued charges and deferred income | 492/3 | €3,115 | €2,957 | -€158 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,257 | €20,834 | -€28,423 | -57.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €435 | +€435 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €829 | -€4,201 | -€5,030 | |
| Other operating charges | 640/8 | €1,312 | €1,049 | -€264 | -20.1% |
| Gross operating margin | 9900 | €176,271 | -€38,747 | -€215,018 | |
| Operating profit (loss) | 9901 | €124,873 | -€56,864 | -€181,737 | |
| Financial income | 75/76B | €3,372 | €3,109 | -€263 | -7.8% |
| Recurring financial income | 75 | €3,372 | €3,109 | -€263 | -7.8% |
| Financial charges | 65/66B | €3,356 | €3,203 | -€153 | -4.6% |
| Recurring financial charges | 65 | €3,356 | €3,203 | -€153 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €124,888 | -€56,959 | -€181,847 | |
| Income taxes | 67/77 | €31,311 | -€59 | -€31,370 | |
| Profit (loss) for the period | 9904 | €93,577 | -€56,899 | -€150,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,577 | -€56,899 | -€150,477 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.