CHEZ SEB: 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.
CHEZ SEB
Largest movements
- Cash -€25,795
down €25,795 (-36.6%), from €70,462 to €44,667
mainly Trade debts (-€25,653) and Receivables within one year (-€10,966)
- Stocks and contracts -€16,275
down €16,275 (-9.4%), from €172,672 to €156,397
- Receivables within one year +€10,966
up €10,966 (+157%), from €6,975 to €17,941
- Tangible fixed assets -€6,729
down €6,729 (-20.2%), from €33,386 to €26,657
of which Furniture and vehicles: -€3,735
- Trade debts -€25,653
down €25,653 (-31.6%), from €81,137 to €55,483
- Profit (loss) carried forward -€7,733
down €7,733 (-6.1%), from €126,483 to €118,750
- Short-term financial debts -€3,802
down €3,802 (-43.1%), from €8,814 to €5,012
- Debts after one year -€2,958
down €2,958 (-10.0%), from €29,528 to €26,569
of which Financial debts: -€5,873
- Gross operating margin -€70,436
down €70,436 (-55.5%), from €126,859 to €56,422
- Staff costs -€14,771
down €14,771 (-28.7%), from €51,458 to €36,687
- Taxes -€8,335
down €8,335 (-98.5%), from €8,463 to €128
- Financial charges -€7,896
down €7,896 (-29.1%), from €27,161 to €19,264
- Depreciation +€2,029
up €2,029 (+43.2%), from €4,700 to €6,729
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,495 | €245,662 | -€37,833 | -13.3% |
| Fixed assets | 21/28 | €33,386 | €26,657 | -€6,729 | -20.2% |
| Tangible fixed assets | 22/27 | €33,386 | €26,657 | -€6,729 | -20.2% |
| Plant, machinery and equipment | 23 | €16,889 | €13,895 | -€2,993 | -17.7% |
| Furniture and vehicles | 24 | €16,497 | €12,762 | -€3,735 | -22.6% |
| Current assets | 29/58 | €250,109 | €219,005 | -€31,104 | -12.4% |
| Stocks and contracts in progress | 3 | €172,672 | €156,397 | -€16,275 | -9.4% |
| Stocks | 30/36 | €172,672 | €156,397 | -€16,275 | -9.4% |
| Amounts receivable within one year | 40/41 | €6,975 | €17,941 | +€10,966 | +157% |
| Other amounts receivable | 41 | €6,975 | €17,941 | +€10,966 | +157% |
| Cash at bank and in hand | 54/58 | €70,462 | €44,667 | -€25,795 | -36.6% |
| Total equity and liabilities | 10/49 | €283,495 | €245,662 | -€37,833 | -13.3% |
| Equity | 10/15 | €146,943 | €139,210 | -€7,733 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,483 | €118,750 | -€7,733 | -6.1% |
| Amounts payable | 17/49 | €136,552 | €106,452 | -€30,100 | -22.0% |
| Amounts payable after more than one year | 17 | €29,528 | €26,569 | -€2,958 | -10.0% |
| Financial debts | 170/4 | €19,605 | €13,732 | -€5,873 | -30.0% |
| Other amounts payable | 178/9 | €9,923 | €12,837 | +€2,915 | +29.4% |
| Amounts payable within one year | 42/48 | €107,024 | €79,882 | -€27,142 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €7,134 | €9,947 | +€2,813 | +39.4% |
| Financial debts | 43 | €8,814 | €5,012 | -€3,802 | -43.1% |
| Credit institutions | 430/8 | €8,814 | €5,012 | -€3,802 | -43.1% |
| Trade debts | 44 | €81,137 | €55,483 | -€25,653 | -31.6% |
| Suppliers | 440/4 | €81,137 | €55,483 | -€25,653 | -31.6% |
| Taxes, remuneration and social security | 45 | €9,940 | €9,441 | -€499 | -5.0% |
| Taxes | 450/3 | €3,766 | €2,996 | -€769 | -20.4% |
| Remuneration and social security | 454/9 | €6,175 | €6,444 | +€270 | +4.4% |
| Remuneration, social security and pensions | 62 | €51,458 | €36,687 | -€14,771 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,700 | €6,729 | +€2,029 | +43.2% |
| Other operating charges | 640/8 | €2,063 | €1,357 | -€707 | -34.2% |
| Gross operating margin | 9900 | €126,859 | €56,422 | -€70,436 | -55.5% |
| Operating profit (loss) | 9901 | €68,637 | €11,650 | -€56,988 | -83.0% |
| Financial income | 75/76B | €3 | €9 | +€6 | +175% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +175% |
| Financial charges | 65/66B | €27,161 | €19,264 | -€7,896 | -29.1% |
| Recurring financial charges | 65 | €27,161 | €19,264 | -€7,896 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €41,480 | -€7,605 | -€49,085 | |
| Income taxes | 67/77 | €8,463 | €128 | -€8,335 | -98.5% |
| Profit (loss) for the period | 9904 | €33,017 | -€7,733 | -€40,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,017 | -€7,733 | -€40,750 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.