SEVI1980: 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.
SEVI1980
Largest movements
- Cash +€12,953
up €12,953 (+32.3%), from €40,058 to €53,011
mainly Trade debts (+€13,280) and Receivables within one year (+€7,671)
- Receivables within one year -€7,671
down €7,671 (-10.0%), from €76,717 to €69,046
of which Other amounts receivable: -€24,586
- Tangible fixed assets -€5,034
down €5,034 (-39.8%), from €12,654 to €7,620
of which Furniture and vehicles: -€3,434
- Debts after one year -€14,118
down €14,118 (-56.5%), from €25,001 to €10,883
- Trade debts +€13,280
up €13,280 (+56.9%), from €23,342 to €36,622
- Profit (loss) carried forward +€1,552
up €1,552 (+2.7%), from €57,096 to €58,648
- Current portion of long-term debt -€1,454
down €1,454 (-9.3%), from €15,572 to €14,118
- Staff costs -€6,496
down €6,496 (-62.6%), from €10,377 to €3,881
- Other operating charges +€5,600
up €5,600 (+197%), from €2,842 to €8,442
- Financial income -€4,661
down €4,661 (-79.3%), from €5,877 to €1,216
of which Non-recurring financial income: -€4,132
- Gross operating margin +€4,242
up €4,242 (+21.5%), from €19,777 to €24,019
- Taxes +€3,293
new in 2025: €3,293
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 | €144,776 | €144,024 | -€752 | -0.5% |
| Fixed assets | 21/28 | €17,961 | €12,927 | -€5,034 | -28.0% |
| Tangible fixed assets | 22/27 | €12,654 | €7,620 | -€5,034 | -39.8% |
| Furniture and vehicles | 24 | €10,234 | €6,800 | -€3,434 | -33.6% |
| Other tangible fixed assets | 26 | €2,420 | €820 | -€1,600 | -66.1% |
| Financial fixed assets | 28 | €5,307 | €5,307 | = | 0.0% |
| Current assets | 29/58 | €126,816 | €131,097 | +€4,282 | +3.4% |
| Stocks and contracts in progress | 3 | €10,040 | €9,040 | -€1,000 | -10.0% |
| Stocks | 30/36 | €10,040 | €9,040 | -€1,000 | -10.0% |
| Amounts receivable within one year | 40/41 | €76,717 | €69,046 | -€7,671 | -10.0% |
| Trade receivables | 40 | €18,179 | €35,094 | +€16,915 | +93.0% |
| Other amounts receivable | 41 | €58,538 | €33,953 | -€24,586 | -42.0% |
| Cash at bank and in hand | 54/58 | €40,058 | €53,011 | +€12,953 | +32.3% |
| Total equity and liabilities | 10/49 | €144,776 | €144,024 | -€752 | -0.5% |
| Equity | 10/15 | €77,556 | €79,108 | +€1,552 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,096 | €58,648 | +€1,552 | +2.7% |
| Amounts payable | 17/49 | €67,221 | €64,916 | -€2,304 | -3.4% |
| Amounts payable after more than one year | 17 | €25,001 | €10,883 | -€14,118 | -56.5% |
| Financial debts | 170/4 | €25,001 | €10,883 | -€14,118 | -56.5% |
| Amounts payable within one year | 42/48 | €42,219 | €54,033 | +€11,814 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €15,572 | €14,118 | -€1,454 | -9.3% |
| Trade debts | 44 | €23,342 | €36,622 | +€13,280 | +56.9% |
| Suppliers | 440/4 | €23,342 | €36,622 | +€13,280 | +56.9% |
| Taxes, remuneration and social security | 45 | €3,305 | €3,293 | -€12 | -0.4% |
| Taxes | 450/3 | €2,185 | €3,293 | +€1,108 | +50.7% |
| Remuneration and social security | 454/9 | €1,120 | - | -€1,120 | |
| Remuneration, social security and pensions | 62 | €10,377 | €3,881 | -€6,496 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,254 | €5,034 | -€1,220 | -19.5% |
| Other operating charges | 640/8 | €2,842 | €8,442 | +€5,600 | +197% |
| Gross operating margin | 9900 | €19,777 | €24,019 | +€4,242 | +21.5% |
| Operating profit (loss) | 9901 | €304 | €6,662 | +€6,358 | +2,092% |
| Financial income | 75/76B | €5,877 | €1,216 | -€4,661 | -79.3% |
| Recurring financial income | 75 | €1,745 | €1,216 | -€529 | -30.3% |
| Non-recurring financial income | 76B | €4,132 | - | -€4,132 | |
| Financial charges | 65/66B | €5,515 | €3,033 | -€2,482 | -45.0% |
| Recurring financial charges | 65 | €5,515 | €3,033 | -€2,482 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €666 | €4,845 | +€4,179 | +627% |
| Income taxes | 67/77 | - | €3,293 | +€3,293 | |
| Profit (loss) for the period | 9904 | €666 | €1,552 | +€886 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €666 | €1,552 | +€886 | +133% |
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 31 October 2026 via checked.be.