Sevinari: 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.
Sevinari
Largest movements
- Receivables within one year +€99,521
up €99,521 (+116%), from €85,608 to €185,129
- Cash +€6,843
up €6,843 (+342%), from €2,000 to €8,843
mainly Net result for the year (+€85,810) and Tax, wage and social debts (+€22,744)
- Reserves +€85,810
up €85,810 (+138%), from €62,020 to €147,829
- Tax, wage and social debts +€22,744
up €22,744 (+110%), from €20,673 to €43,418
- Gross operating margin +€19,375
up €19,375 (+23.5%), from €82,470 to €101,846
- Financial income +€7,113
up €7,113 (+3,199%), from €222 to €7,336
- Taxes +€2,071
up €2,071 (+10.0%), from €20,673 to €22,744
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 | €87,608 | €193,972 | +€106,363 | +121% |
| Current assets | 29/58 | €87,608 | €193,972 | +€106,363 | +121% |
| Amounts receivable within one year | 40/41 | €85,608 | €185,129 | +€99,521 | +116% |
| Other amounts receivable | 41 | €85,608 | €185,129 | +€99,521 | +116% |
| Cash at bank and in hand | 54/58 | €2,000 | €8,843 | +€6,843 | +342% |
| Total equity and liabilities | 10/49 | €87,608 | €193,972 | +€106,363 | +121% |
| Equity | 10/15 | €64,020 | €149,829 | +€85,810 | +134% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €62,020 | €147,829 | +€85,810 | +138% |
| Distributable reserves | 133 | €62,020 | €147,829 | +€85,810 | +138% |
| Amounts payable | 17/49 | €23,589 | €44,142 | +€20,554 | +87.1% |
| Amounts payable within one year | 42/48 | €23,126 | €44,142 | +€21,017 | +90.9% |
| Trade debts | 44 | €2,453 | €725 | -€1,728 | -70.4% |
| Suppliers | 440/4 | €2,453 | €725 | -€1,728 | -70.4% |
| Taxes, remuneration and social security | 45 | €20,673 | €43,418 | +€22,744 | +110% |
| Taxes | 450/3 | €20,673 | €43,418 | +€22,744 | +110% |
| Accrued charges and deferred income | 492/3 | €463 | €0 | -€463 | -100% |
| Other operating charges | 640/8 | - | €582 | +€582 | |
| Gross operating margin | 9900 | €82,470 | €101,846 | +€19,375 | +23.5% |
| Operating profit (loss) | 9901 | €82,470 | €101,263 | +€18,793 | +22.8% |
| Financial income | 75/76B | €222 | €7,336 | +€7,113 | +3,199% |
| Recurring financial income | 75 | €222 | €7,336 | +€7,113 | +3,199% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €82,693 | €108,554 | +€25,861 | +31.3% |
| Income taxes | 67/77 | €20,673 | €22,744 | +€2,071 | +10.0% |
| Profit (loss) for the period | 9904 | €62,020 | €85,810 | +€23,790 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,020 | €85,810 | +€23,790 | +38.4% |
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 19 October 2026 via checked.be.