FATIH SEMA: 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.
FATIH SEMA
Largest movements
- Receivables within one year -€67,872
down €67,872 (-58.5%), from €116,030 to €48,159
of which Trade receivables: -€66,255
- Cash +€63,755
up €63,755 (+325%), from €19,596 to €83,351
mainly Receivables within one year (+€67,872) and Net result for the year (+€19,114)
- Tangible fixed assets +€1,856
up €1,856 (+15.9%), from €11,634 to €13,490
of which Plant, machinery and equipment: +€2,712
- Stocks and contracts +€1,818
up €1,818 (+8.3%), from €21,857 to €23,676
- Trade debts -€19,559
down €19,559 (-66.8%), from €29,282 to €9,723
- Profit (loss) carried forward +€19,114
up €19,114 (+25.5%), from €75,056 to €94,170
- Gross operating margin +€52,447
up €52,447 (+42.6%), from €123,054 to €175,501
- Taxes +€12,718
up €12,718 (+3,095%), from €411 to €13,129
- Other operating charges +€7,584
up €7,584 (+210%), from €3,614 to €11,198
- Staff costs +€3,598
up €3,598 (+3.0%), from €120,414 to €124,012
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 | €169,193 | €168,750 | -€443 | -0.3% |
| Fixed assets | 21/28 | €11,709 | €13,564 | +€1,856 | +15.8% |
| Tangible fixed assets | 22/27 | €11,634 | €13,490 | +€1,856 | +15.9% |
| Plant, machinery and equipment | 23 | €10,778 | €13,490 | +€2,712 | +25.2% |
| Furniture and vehicles | 24 | €856 | €0 | -€856 | -100% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €157,484 | €155,185 | -€2,299 | -1.5% |
| Stocks and contracts in progress | 3 | €21,857 | €23,676 | +€1,818 | +8.3% |
| Stocks | 30/36 | €21,857 | €23,676 | +€1,818 | +8.3% |
| Amounts receivable within one year | 40/41 | €116,030 | €48,159 | -€67,872 | -58.5% |
| Trade receivables | 40 | €96,259 | €30,003 | -€66,255 | -68.8% |
| Other amounts receivable | 41 | €19,772 | €18,155 | -€1,617 | -8.2% |
| Cash at bank and in hand | 54/58 | €19,596 | €83,351 | +€63,755 | +325% |
| Total equity and liabilities | 10/49 | €169,193 | €168,750 | -€443 | -0.3% |
| Equity | 10/15 | €95,508 | €114,621 | +€19,114 | +20.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,056 | €94,170 | +€19,114 | +25.5% |
| Amounts payable | 17/49 | €73,686 | €54,128 | -€19,557 | -26.5% |
| Amounts payable within one year | 42/48 | €73,686 | €54,128 | -€19,557 | -26.5% |
| Trade debts | 44 | €29,282 | €9,723 | -€19,559 | -66.8% |
| Suppliers | 440/4 | €29,282 | €9,723 | -€19,559 | -66.8% |
| Taxes, remuneration and social security | 45 | €44,404 | €44,406 | +€2 | 0.0% |
| Taxes | 450/3 | €7,921 | €7,300 | -€621 | -7.8% |
| Remuneration and social security | 454/9 | €36,482 | €37,105 | +€623 | +1.7% |
| Remuneration, social security and pensions | 62 | €120,414 | €124,012 | +€3,598 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,459 | €7,799 | +€1,340 | +20.7% |
| Other operating charges | 640/8 | €3,614 | €11,198 | +€7,584 | +210% |
| Gross operating margin | 9900 | €123,054 | €175,501 | +€52,447 | +42.6% |
| Operating profit (loss) | 9901 | -€7,432 | €32,493 | +€39,925 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +295% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +295% |
| Financial charges | 65/66B | €282 | €250 | -€32 | -11.3% |
| Recurring financial charges | 65 | €282 | €250 | -€32 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,714 | €32,243 | +€39,957 | |
| Income taxes | 67/77 | €411 | €13,129 | +€12,718 | +3,095% |
| Profit (loss) for the period | 9904 | -€8,125 | €19,114 | +€27,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,125 | €19,114 | +€27,239 |
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 30 October 2026 via checked.be.