Sevocan: what changed
Sevocan
Largest movements
- Receivables within one year -€24,556
down €24,556 (-39.2%), from €62,619 to €38,062
of which Trade receivables: -€25,364
- Cash -€15,794
down €15,794 (-41.9%), from €37,702 to €21,908
mainly Investment in fixed assets (net) (-€22,630) and Net result for the year (-€19,257)
- Tangible fixed assets +€14,772
up €14,772 (+605%), from €2,441 to €17,213
of which Other tangible fixed assets: +€16,381
- Stocks and contracts +€7,120
new in 2025: €7,120
- Profit (loss) carried forward -€19,257
down €19,257 (-41.1%), from €46,829 to €27,572
- Trade debts +€2,157
up €2,157 (+5.7%), from €37,532 to €39,689
- Tax, wage and social debts -€1,357
down €1,357 (-16.1%), from €8,401 to €7,044
- Gross operating margin -€45,105
down €45,105 (-79.8%), from €56,492 to €11,388
- Staff costs -€13,917
down €13,917 (-40.5%), from €34,401 to €20,485
- Depreciation +€6,788
up €6,788 (+634%), from €1,070 to €7,858
- Taxes -€5,921
no longer reported in 2025 (was €5,921)
- Other operating charges -€643
down €643 (-17.5%), from €3,685 to €3,041
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,762 | €84,304 | -€18,457 | -18.0% |
| Fixed assets | 21/28 | €2,441 | €17,213 | +€14,772 | +605% |
| Tangible fixed assets | 22/27 | €2,441 | €17,213 | +€14,772 | +605% |
| Plant, machinery and equipment | 23 | €1,041 | €833 | -€208 | -20.0% |
| Furniture and vehicles | 24 | €1,400 | - | -€1,400 | |
| Other tangible fixed assets | 26 | - | €16,381 | +€16,381 | |
| Current assets | 29/58 | €100,321 | €67,091 | -€33,230 | -33.1% |
| Stocks and contracts in progress | 3 | - | €7,120 | +€7,120 | |
| Stocks | 30/36 | - | €7,120 | +€7,120 | |
| Amounts receivable within one year | 40/41 | €62,619 | €38,062 | -€24,556 | -39.2% |
| Trade receivables | 40 | €25,364 | - | -€25,364 | |
| Other amounts receivable | 41 | €37,255 | €38,062 | +€808 | +2.2% |
| Cash at bank and in hand | 54/58 | €37,702 | €21,908 | -€15,794 | -41.9% |
| Total equity and liabilities | 10/49 | €102,762 | €84,304 | -€18,457 | -18.0% |
| Equity | 10/15 | €56,829 | €37,572 | -€19,257 | -33.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,829 | €27,572 | -€19,257 | -41.1% |
| Amounts payable | 17/49 | €45,933 | €46,733 | +€800 | +1.7% |
| Amounts payable within one year | 42/48 | €45,933 | €46,733 | +€800 | +1.7% |
| Trade debts | 44 | €37,532 | €39,689 | +€2,157 | +5.7% |
| Suppliers | 440/4 | €37,532 | €39,689 | +€2,157 | +5.7% |
| Taxes, remuneration and social security | 45 | €8,401 | €7,044 | -€1,357 | -16.1% |
| Taxes | 450/3 | €8,401 | €7,044 | -€1,357 | -16.1% |
| Remuneration, social security and pensions | 62 | €34,401 | €20,485 | -€13,917 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,070 | €7,858 | +€6,788 | +634% |
| Other operating charges | 640/8 | €3,685 | €3,041 | -€643 | -17.5% |
| Gross operating margin | 9900 | €56,492 | €11,388 | -€45,105 | -79.8% |
| Operating profit (loss) | 9901 | €17,337 | -€19,996 | -€37,333 | |
| Financial income | 75/76B | €880 | €978 | +€98 | +11.1% |
| Recurring financial income | 75 | €880 | €978 | +€98 | +11.1% |
| Financial charges | 65/66B | €90 | €239 | +€149 | +165% |
| Recurring financial charges | 65 | €90 | €239 | +€149 | +165% |
| Profit (loss) for the period before taxes | 9903 | €18,126 | -€19,257 | -€37,384 | |
| Income taxes | 67/77 | €5,921 | - | -€5,921 | |
| Profit (loss) for the period | 9904 | €12,206 | -€19,257 | -€31,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,206 | -€19,257 | -€31,463 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.