SEVINA: 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.
SEVINA
Largest movements
- Receivables within one year +€93,240
up €93,240 (+90.9%), from €102,552 to €195,792
of which Trade receivables: +€82,316
- Tangible fixed assets -€9,456
down €9,456 (-30.8%), from €30,694 to €21,238
- Cash -€3,148
down €3,148 (-20.1%), from €15,688 to €12,540
mainly Receivables within one year (-€93,240) and Net result for the year (-€19,636)
- Advances received +€59,400
up €59,400 (+66.6%), from €89,200 to €148,600
- Trade debts +€40,730
up €40,730 (+1,429%), from €2,850 to €43,580
- Profit (loss) carried forward -€19,636
down €19,636 (-35.1%), from €55,988 to €36,353
- Gross operating margin -€57,560
down €57,560, from €48,129 to -€9,431
- Taxes -€6,569
no longer reported in 2025 (was €6,569)
- Other operating charges -€1,201
down €1,201 (-77.1%), from €1,558 to €357
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 | €149,727 | €230,363 | +€80,636 | +53.9% |
| Fixed assets | 21/28 | €30,694 | €21,238 | -€9,456 | -30.8% |
| Tangible fixed assets | 22/27 | €30,694 | €21,238 | -€9,456 | -30.8% |
| Furniture and vehicles | 24 | €30,694 | €21,238 | -€9,456 | -30.8% |
| Current assets | 29/58 | €119,033 | €209,125 | +€90,092 | +75.7% |
| Amounts receivable within one year | 40/41 | €102,552 | €195,792 | +€93,240 | +90.9% |
| Trade receivables | 40 | €13,966 | €96,282 | +€82,316 | +589% |
| Other amounts receivable | 41 | €88,586 | €99,510 | +€10,924 | +12.3% |
| Cash at bank and in hand | 54/58 | €15,688 | €12,540 | -€3,148 | -20.1% |
| Deferred charges and accrued income | 490/1 | €793 | €793 | = | 0.0% |
| Total equity and liabilities | 10/49 | €149,727 | €230,363 | +€80,636 | +53.9% |
| Equity | 10/15 | €55,989 | €36,354 | -€19,636 | -35.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,988 | €36,353 | -€19,636 | -35.1% |
| Amounts payable | 17/49 | €93,738 | €194,010 | +€100,272 | +107% |
| Amounts payable within one year | 42/48 | €93,738 | €194,010 | +€100,272 | +107% |
| Trade debts | 44 | €2,850 | €43,580 | +€40,730 | +1,429% |
| Suppliers | 440/4 | €2,850 | €43,580 | +€40,730 | +1,429% |
| Advances received on contracts in progress | 46 | €89,200 | €148,600 | +€59,400 | +66.6% |
| Taxes, remuneration and social security | 45 | €1,688 | €1,830 | +€142 | +8.4% |
| Taxes | 450/3 | €1,688 | €1,830 | +€142 | +8.4% |
| Remuneration, social security and pensions | 62 | - | €229 | +€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,456 | €9,456 | = | 0.0% |
| Other operating charges | 640/8 | €1,558 | €357 | -€1,201 | -77.1% |
| Gross operating margin | 9900 | €48,129 | -€9,431 | -€57,560 | |
| Operating profit (loss) | 9901 | €37,116 | -€19,472 | -€56,588 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €238 | €163 | -€75 | -31.4% |
| Recurring financial charges | 65 | €238 | €163 | -€75 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €36,878 | -€19,636 | -€56,513 | |
| Income taxes | 67/77 | €6,569 | - | -€6,569 | |
| Profit (loss) for the period | 9904 | €30,309 | -€19,636 | -€49,945 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,309 | -€19,636 | -€49,945 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.