SEVICO IT: 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.
SEVICO IT
Largest movements
- Receivables after one year +€25,000
new in 2025: €25,000
- Cash +€4,239
up €4,239 (+55.2%), from €7,684 to €11,923
mainly Net result for the year (+€25,484) and Tax, wage and social debts (+€9,067)
- Tangible fixed assets +€825
up €825 (+120%), from €689 to €1,515
- Receivables within one year +€777
up €777 (+5.5%), from €14,009 to €14,787
- Deferred charges and accrued income -€548
no longer reported in 2025 (was €548)
- Reserves +€25,484
up €25,484 (+186%), from €13,732 to €39,216
- Tax, wage and social debts +€9,067
up €9,067 (+315%), from €2,875 to €11,942
of which Taxes: +€9,047
- Contributions -€2,500
no longer reported in 2025 (was €2,500)
- Other debts -€1,725
down €1,725 (-79.7%), from €2,165 to €440
- Gross operating margin +€18,126
up €18,126 (+114%), from €15,896 to €34,022
- Taxes +€7,453
new in 2025: €7,453
- Other operating charges -€407
down €407 (-60.4%), from €674 to €267
- Depreciation -€397
down €397 (-34.5%), from €1,152 to €754
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 | €23,050 | €53,224 | +€30,174 | +131% |
| Formation expenses | 20 | €119 | - | -€119 | |
| Fixed assets | 21/28 | €689 | €1,515 | +€825 | +120% |
| Tangible fixed assets | 22/27 | €689 | €1,515 | +€825 | +120% |
| Furniture and vehicles | 24 | €689 | €1,515 | +€825 | +120% |
| Current assets | 29/58 | €22,242 | €51,710 | +€29,468 | +132% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €14,009 | €14,787 | +€777 | +5.5% |
| Trade receivables | 40 | €14,009 | €14,787 | +€777 | +5.5% |
| Cash at bank and in hand | 54/58 | €7,684 | €11,923 | +€4,239 | +55.2% |
| Deferred charges and accrued income | 490/1 | €548 | - | -€548 | |
| Total equity and liabilities | 10/49 | €23,050 | €53,224 | +€30,174 | +131% |
| Equity | 10/15 | €16,232 | €39,216 | +€22,984 | +142% |
| Contributions | 10/11 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €13,732 | €39,216 | +€25,484 | +186% |
| Distributable reserves | 133 | €13,732 | €39,216 | +€25,484 | +186% |
| Amounts payable | 17/49 | €6,818 | €14,008 | +€7,190 | +105% |
| Amounts payable within one year | 42/48 | €6,818 | €14,008 | +€7,190 | +105% |
| Trade debts | 44 | €1,778 | €1,626 | -€152 | -8.5% |
| Suppliers | 440/4 | €1,778 | €1,626 | -€152 | -8.5% |
| Taxes, remuneration and social security | 45 | €2,875 | €11,942 | +€9,067 | +315% |
| Taxes | 450/3 | €405 | €9,452 | +€9,047 | +2,234% |
| Remuneration and social security | 454/9 | €2,470 | €2,489 | +€20 | +0.8% |
| Other amounts payable | 47/48 | €2,165 | €440 | -€1,725 | -79.7% |
| Non-recurring operating income | 76A | €34 | €88 | +€54 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,152 | €754 | -€397 | -34.5% |
| Other operating charges | 640/8 | €674 | €267 | -€407 | -60.4% |
| Gross operating margin | 9900 | €15,896 | €34,022 | +€18,126 | +114% |
| Operating profit (loss) | 9901 | €14,070 | €33,001 | +€18,930 | +135% |
| Financial income | 75/76B | €14 | €5 | -€10 | -68.1% |
| Recurring financial income | 75 | €14 | €5 | -€10 | -68.1% |
| Financial charges | 65/66B | €353 | €68 | -€285 | -80.8% |
| Recurring financial charges | 65 | €353 | €68 | -€285 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €13,732 | €32,938 | +€19,205 | +140% |
| Income taxes | 67/77 | - | €7,453 | +€7,453 | |
| Profit (loss) for the period | 9904 | €13,732 | €25,484 | +€11,752 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,732 | €25,484 | +€11,752 | +85.6% |
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 18 October 2026 via checked.be.