Severijns Groep: 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.
Severijns Groep
Largest movements
- Cash -€15,584
down €15,584 (-89.1%), from €17,498 to €1,914
mainly Investment in fixed assets (net) (-€23,135) and Other debts (-€13,126)
- Stocks and contracts +€7,430
up €7,430, from €0 to €7,430
- Receivables within one year +€4,546
up €4,546 (+34.8%), from €13,071 to €17,617
of which Trade receivables: +€3,623
- Reserves +€15,929
up €15,929 (+56.1%), from €28,415 to €44,344
- Other debts -€13,126
down €13,126 (-39.5%), from €33,272 to €20,146
- Debts after one year -€9,516
down €9,516 (-32.8%), from €28,983 to €19,467
- Trade debts +€4,287
up €4,287 (+2414.9%), from €178 to €4,464
- Tax, wage and social debts -€2,856
down €2,856 (-81.6%), from €3,499 to €644
- Gross operating margin +€6,984
up €6,984 (+17.3%), from €40,382 to €47,367
- Depreciation +€2,978
up €2,978 (+14.6%), from €20,405 to €23,383
- Financial charges +€1,489
up €1,489 (+75.6%), from €1,970 to €3,458
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 | €108,450 | €105,473 | -€2,977 | -2.7% |
| Fixed assets | 21/28 | €72,948 | €72,700 | -€248 | -0.3% |
| Tangible fixed assets | 22/27 | €72,948 | €72,700 | -€248 | -0.3% |
| Plant, machinery and equipment | 23 | €33,078 | €43,434 | +€10,356 | +31.3% |
| Furniture and vehicles | 24 | €39,870 | €29,265 | -€10,604 | -26.6% |
| Current assets | 29/58 | €35,502 | €32,773 | -€2,729 | -7.7% |
| Stocks and contracts in progress | 3 | €0 | €7,430 | +€7,430 | |
| Stocks | 30/36 | €0 | €7,430 | +€7,430 | |
| Amounts receivable within one year | 40/41 | €13,071 | €17,617 | +€4,546 | +34.8% |
| Trade receivables | 40 | €12,809 | €16,432 | +€3,623 | +28.3% |
| Other amounts receivable | 41 | €263 | €1,185 | +€923 | +351.1% |
| Cash at bank and in hand | 54/58 | €17,498 | €1,914 | -€15,584 | -89.1% |
| Deferred charges and accrued income | 490/1 | €4,933 | €5,812 | +€879 | +17.8% |
| Total equity and liabilities | 10/49 | €108,450 | €105,473 | -€2,977 | -2.7% |
| Equity | 10/15 | €33,415 | €49,344 | +€15,929 | +47.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,415 | €44,344 | +€15,929 | +56.1% |
| Distributable reserves | 133 | €28,415 | €44,344 | +€15,929 | +56.1% |
| Amounts payable | 17/49 | €75,035 | €56,129 | -€18,906 | -25.2% |
| Amounts payable after more than one year | 17 | €28,983 | €19,467 | -€9,516 | -32.8% |
| Financial debts | 170/4 | €28,983 | €19,467 | -€9,516 | -32.8% |
| Amounts payable within one year | 42/48 | €46,051 | €34,771 | -€11,281 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €9,102 | €9,516 | +€414 | +4.5% |
| Trade debts | 44 | €178 | €4,464 | +€4,287 | +2414.9% |
| Suppliers | 440/4 | €178 | €4,464 | +€4,287 | +2414.9% |
| Taxes, remuneration and social security | 45 | €3,499 | €644 | -€2,856 | -81.6% |
| Taxes | 450/3 | €3,499 | €644 | -€2,856 | -81.6% |
| Other amounts payable | 47/48 | €33,272 | €20,146 | -€13,126 | -39.5% |
| Accrued charges and deferred income | 492/3 | - | €1,891 | +€1,891 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,405 | €23,383 | +€2,978 | +14.6% |
| Other operating charges | 640/8 | €1,272 | €1,026 | -€246 | -19.4% |
| Gross operating margin | 9900 | €40,382 | €47,367 | +€6,984 | +17.3% |
| Operating profit (loss) | 9901 | €18,705 | €22,958 | +€4,252 | +22.7% |
| Financial income | 75/76B | €67 | €74 | +€7 | +10.3% |
| Recurring financial income | 75 | €67 | €74 | +€7 | +10.3% |
| Financial charges | 65/66B | €1,970 | €3,458 | +€1,489 | +75.6% |
| Recurring financial charges | 65 | €1,970 | €3,458 | +€1,489 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €16,802 | €19,573 | +€2,771 | +16.5% |
| Income taxes | 67/77 | €3,474 | €3,644 | +€169 | +4.9% |
| Profit (loss) for the period | 9904 | €13,328 | €15,929 | +€2,601 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,328 | €15,929 | +€2,601 | +19.5% |
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 11 October 2026 via checked.be.