SÉVIGNAC: 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.
SÉVIGNAC
Largest movements
- Current investments +€44,009
up €44,009 (+42.0%), from €104,790 to €148,799
- Tangible fixed assets -€28,791
down €28,791 (-1.3%), from €2.2m to €2.2m
of which Land and buildings: -€31,230
No liability line moved by more than 1% of the balance sheet total.
- Write-downs -€18,400
down €18,400 (-100.0%), from €18,400 to €0
- Gross operating margin -€10,616
down €10,616 (-15.6%), from €67,844 to €57,227
- Financial charges -€3,153
down €3,153 (-60.5%), from €5,210 to €2,057
- Depreciation +€2,970
up €2,970 (+7.6%), from €39,294 to €42,264
- Financial income +€2,136
up €2,136 (+556.0%), from €384 to €2,520
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 | €2,577,230 | €2,572,285 | -€4,945 | -0.2% |
| Fixed assets | 21/28 | €2,204,581 | €2,175,791 | -€28,791 | -1.3% |
| Tangible fixed assets | 22/27 | €2,204,581 | €2,175,791 | -€28,791 | -1.3% |
| Land and buildings | 22 | €2,196,265 | €2,165,035 | -€31,230 | -1.4% |
| Plant, machinery and equipment | 23 | - | €2,170 | +€2,170 | |
| Furniture and vehicles | 24 | €8,316 | €8,585 | +€269 | +3.2% |
| Current assets | 29/58 | €372,649 | €396,495 | +€23,846 | +6.4% |
| Amounts receivable within one year | 40/41 | €15,134 | €7,124 | -€8,010 | -52.9% |
| Other amounts receivable | 41 | €15,134 | €7,124 | -€8,010 | -52.9% |
| Current investments | 50/53 | €104,790 | €148,799 | +€44,009 | +42.0% |
| Cash at bank and in hand | 54/58 | €250,811 | €237,913 | -€12,897 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,915 | €2,658 | +€744 | +38.8% |
| Total equity and liabilities | 10/49 | €2,577,230 | €2,572,285 | -€4,945 | -0.2% |
| Equity | 10/15 | €2,565,486 | €2,569,661 | +€4,175 | +0.2% |
| Contributions | 10/11 | €2,587,000 | €2,587,000 | = | 0.0% |
| Capital | 10 | €2,587,000 | €2,587,000 | = | 0.0% |
| Issued capital | 100 | €2,587,000 | €2,587,000 | = | 0.0% |
| Reserves | 13 | €6,052 | €6,052 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,052 | €6,052 | = | 0.0% |
| Legal reserve | 130 | €6,052 | €6,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,566 | -€23,391 | +€4,175 | +15.1% |
| Amounts payable | 17/49 | €11,745 | €2,625 | -€9,120 | -77.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,044 | €1,125 | -€8,919 | -88.8% |
| Current portion of amounts payable after more than one year | 42 | €2,159 | €0 | -€2,159 | -100.0% |
| Trade debts | 44 | €158 | €893 | +€734 | +463.5% |
| Suppliers | 440/4 | €158 | €893 | +€734 | +463.5% |
| Taxes, remuneration and social security | 45 | €7,599 | €105 | -€7,494 | -98.6% |
| Taxes | 450/3 | €7,599 | €105 | -€7,494 | -98.6% |
| Other amounts payable | 47/48 | €127 | €127 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,701 | €1,500 | -€201 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,294 | €42,264 | +€2,970 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,400 | €0 | -€18,400 | -100.0% |
| Other operating charges | 640/8 | €9,791 | €11,250 | +€1,459 | +14.9% |
| Gross operating margin | 9900 | €67,844 | €57,227 | -€10,616 | -15.6% |
| Operating profit (loss) | 9901 | €358 | €3,713 | +€3,354 | +935.6% |
| Financial income | 75/76B | €384 | €2,520 | +€2,136 | +556.0% |
| Recurring financial income | 75 | €384 | €2,520 | +€2,136 | +556.0% |
| Financial charges | 65/66B | €5,210 | €2,057 | -€3,153 | -60.5% |
| Recurring financial charges | 65 | €5,210 | €2,057 | -€3,153 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,467 | €4,175 | +€8,643 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,467 | €4,175 | +€8,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,467 | €4,175 | +€8,643 |
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.