SEVGI GOLD: 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.
SEVGI GOLD
Largest movements
- Stocks and contracts +€198,751
up €198,751 (+96.1%), from €206,724 to €405,475
- Receivables within one year +€38,785
up €38,785 (+550%), from €7,054 to €45,839
of which Other amounts receivable: +€44,580
- Cash -€33,786
down €33,786 (-68.3%), from €49,438 to €15,651
mainly Stocks and contracts (-€198,751) and Receivables within one year (-€38,785)
- Trade debts +€158,274
up €158,274 (+2,173%), from €7,285 to €165,559
- Tax, wage and social debts +€26,836
up €26,836 (+114%), from €23,560 to €50,395
of which Remuneration and social security: +€15,643
- Profit (loss) carried forward +€16,519
up €16,519 (+113%), from €14,636 to €31,155
- Debts after one year -€5,000
down €5,000 (-3.2%), from €154,500 to €149,500
- Turnover +€567,327
new in 2025: €567,327
- Purchases and services +€465,456
new in 2025: €465,456
- Gross operating margin +€53,595
up €53,595 (+101%), from €53,244 to €106,839
- Staff costs +€32,962
up €32,962 (+67.3%), from €49,011 to €81,973
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,401 | €467,734 | +€202,334 | +76.2% |
| Fixed assets | 21/28 | €2,185 | €768 | -€1,417 | -64.8% |
| Tangible fixed assets | 22/27 | €2,185 | €768 | -€1,417 | -64.8% |
| Plant, machinery and equipment | 23 | €2,185 | €768 | -€1,417 | -64.8% |
| Current assets | 29/58 | €263,216 | €466,966 | +€203,750 | +77.4% |
| Stocks and contracts in progress | 3 | €206,724 | €405,475 | +€198,751 | +96.1% |
| Stocks | 30/36 | €206,724 | €405,475 | +€198,751 | +96.1% |
| Amounts receivable within one year | 40/41 | €7,054 | €45,839 | +€38,785 | +550% |
| Trade receivables | 40 | €5,809 | €14 | -€5,795 | -99.8% |
| Other amounts receivable | 41 | €1,245 | €45,825 | +€44,580 | +3,581% |
| Cash at bank and in hand | 54/58 | €49,438 | €15,651 | -€33,786 | -68.3% |
| Total equity and liabilities | 10/49 | €265,401 | €467,734 | +€202,334 | +76.2% |
| Equity | 10/15 | €32,636 | €49,155 | +€16,519 | +50.6% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,636 | €31,155 | +€16,519 | +113% |
| Amounts payable | 17/49 | €232,765 | €418,579 | +€185,815 | +79.8% |
| Amounts payable after more than one year | 17 | €154,500 | €149,500 | -€5,000 | -3.2% |
| Financial debts | 170/4 | €154,500 | €149,500 | -€5,000 | -3.2% |
| Amounts payable within one year | 42/48 | €78,265 | €269,079 | +€190,815 | +244% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €7,500 | +€2,500 | +50.0% |
| Trade debts | 44 | €7,285 | €165,559 | +€158,274 | +2,173% |
| Suppliers | 440/4 | €7,285 | €165,559 | +€158,274 | +2,173% |
| Advances received on contracts in progress | 46 | - | €1,331 | +€1,331 | |
| Taxes, remuneration and social security | 45 | €23,560 | €50,395 | +€26,836 | +114% |
| Taxes | 450/3 | €7,650 | €18,842 | +€11,192 | +146% |
| Remuneration and social security | 454/9 | €15,910 | €31,553 | +€15,643 | +98.3% |
| Other amounts payable | 47/48 | €42,420 | €44,294 | +€1,873 | +4.4% |
| Turnover | 70 | - | €567,327 | +€567,327 | |
| Non-recurring operating income | 76A | - | €4,968 | +€4,968 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €465,456 | +€465,456 | |
| Remuneration, social security and pensions | 62 | €49,011 | €81,973 | +€32,962 | +67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,417 | = | 0.0% |
| Other operating charges | 640/8 | €433 | €872 | +€439 | +101% |
| Gross operating margin | 9900 | €53,244 | €106,839 | +€53,595 | +101% |
| Operating profit (loss) | 9901 | €2,383 | €22,577 | +€20,195 | +847% |
| Financial income | 75/76B | €60 | €30 | -€31 | -50.8% |
| Recurring financial income | 75 | €60 | €30 | -€31 | -50.8% |
| Financial charges | 65/66B | €1,592 | €1,795 | +€202 | +12.7% |
| Recurring financial charges | 65 | €1,592 | €1,795 | +€202 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €851 | €20,813 | +€19,962 | +2,346% |
| Income taxes | 67/77 | €593 | €4,294 | +€3,701 | +624% |
| Profit (loss) for the period | 9904 | €258 | €16,519 | +€16,261 | +6,303% |
| Profit (loss) for the period to be appropriated | 9905 | €258 | €16,519 | +€16,261 | +6,303% |
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 25 October 2026 via checked.be.