SEVERIJNS: 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.
SEVERIJNS
Largest movements
- Tangible fixed assets +€365,204
up €365,204 (+666.5%), from €54,796 to €420,000
- Cash -€27,788
down €27,788 (-47.0%), from €59,124 to €31,336
mainly Investment in fixed assets (net) (-€372,223)
- Revaluation surpluses +€372,223
new in 2025: €372,223
- Reserves -€39,841
down €39,841 (-47.5%), from €83,938 to €44,097
- Gross operating margin -€1,039
down €1,039 (-5.1%), from €20,213 to €19,174
- Taxes +€262
up €262 (+30.1%), from €871 to €1,133
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 | €113,920 | €451,336 | +€337,416 | +296.2% |
| Fixed assets | 21/28 | €54,796 | €420,000 | +€365,204 | +666.5% |
| Tangible fixed assets | 22/27 | €54,796 | €420,000 | +€365,204 | +666.5% |
| Land and buildings | 22 | €54,796 | €420,000 | +€365,204 | +666.5% |
| Current assets | 29/58 | €59,124 | €31,336 | -€27,788 | -47.0% |
| Cash at bank and in hand | 54/58 | €59,124 | €31,336 | -€27,788 | -47.0% |
| Total equity and liabilities | 10/49 | €113,920 | €451,336 | +€337,416 | +296.2% |
| Equity | 10/15 | €93,898 | €426,280 | +€332,382 | +354.0% |
| Contributions | 10/11 | €9,960 | €9,960 | = | 0.0% |
| Revaluation surpluses | 12 | - | €372,223 | +€372,223 | |
| Reserves | 13 | €83,938 | €44,097 | -€39,841 | -47.5% |
| Distributable reserves | 133 | €83,938 | €44,097 | -€39,841 | -47.5% |
| Amounts payable | 17/49 | €20,022 | €25,056 | +€5,033 | +25.1% |
| Amounts payable after more than one year | 17 | - | €1,830 | +€1,830 | |
| Other amounts payable | 178/9 | - | €1,830 | +€1,830 | |
| Amounts payable within one year | 42/48 | €20,022 | €23,226 | +€3,203 | +16.0% |
| Taxes, remuneration and social security | 45 | €1,949 | €4,749 | +€2,800 | +143.6% |
| Taxes | 450/3 | €1,949 | €4,749 | +€2,800 | +143.6% |
| Other amounts payable | 47/48 | €18,073 | €18,477 | +€404 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,019 | €7,019 | = | 0.0% |
| Other operating charges | 640/8 | €2,170 | €2,229 | +€59 | +2.7% |
| Gross operating margin | 9900 | €20,213 | €19,174 | -€1,039 | -5.1% |
| Operating profit (loss) | 9901 | €11,023 | €9,925 | -€1,098 | -10.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,446 | €1,308 | -€139 | -9.6% |
| Recurring financial charges | 65 | €1,446 | €1,308 | -€139 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €9,577 | €8,618 | -€959 | -10.0% |
| Income taxes | 67/77 | €871 | €1,133 | +€262 | +30.1% |
| Profit (loss) for the period | 9904 | €8,707 | €7,485 | -€1,221 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,707 | €7,485 | -€1,221 | -14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.