SEBA-MANAGEMENT: what changed
Two fiscal 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.
SEBA-MANAGEMENT
Largest movements
- Receivables within one year -€10,262
down €10,262 (-13.5%), from €76,147 to €65,885
- Tangible fixed assets +€9,082
up €9,082 (+302.8%), from €2,999 to €12,081
of which Other tangible fixed assets: +€9,778
- Equity +€66,558
up €66,558 (+20.3%), from €327,548 to €394,106
of which Profit (loss) carried forward: +€66,558
- Debts after one year -€60,099
down €60,099 (-24.5%), from €245,662 to €185,563
- Debts within one year -€12,144
down €12,144 (-13.4%), from €90,798 to €78,654
- Financial income +€30,000
new in 2022: €30,000
- Financial charges +€10,451
new in 2022: €10,451
- Taxes -€2,753
down €2,753 (-17.2%), from €16,033 to €13,280
- Gross operating margin +€1,218
up €1,218 (+2.0%), from €62,145 to €63,364
- Other operating charges +€1,198
new in 2022: €1,198
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €664,008 | €658,323 | -€5,685 | -0.9% |
| Fixed assets | 21/28 | €576,967 | €585,032 | +€8,065 | +1.4% |
| Intangible fixed assets | 21 | €2,166 | €1,150 | -€1,017 | -46.9% |
| Tangible fixed assets | 22/27 | €2,999 | €12,081 | +€9,082 | +302.8% |
| Furniture and vehicles | 24 | - | €2,302 | +€2,302 | |
| Other tangible fixed assets | 26 | - | €9,778 | +€9,778 | |
| Financial fixed assets | 28 | €571,801 | €571,801 | = | 0.0% |
| Current assets | 29/58 | €87,042 | €73,291 | -€13,750 | -15.8% |
| Amounts receivable within one year | 40/41 | €76,147 | €65,885 | -€10,262 | -13.5% |
| Other amounts receivable | 41 | - | €65,885 | +€65,885 | |
| Cash at bank and in hand | 54/58 | €10,894 | €7,406 | -€3,488 | -32.0% |
| Total equity and liabilities | 10/49 | €664,008 | €658,323 | -€5,685 | -0.9% |
| Equity | 10/15 | €327,548 | €394,106 | +€66,558 | +20.3% |
| Contributions | 10/11 | - | €30,000 | +€30,000 | |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €3,000 | +€3,000 | |
| Reserves not available under the articles | 1311 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €294,548 | €361,106 | +€66,558 | +22.6% |
| Amounts payable | 17/49 | €336,461 | €264,217 | -€72,243 | -21.5% |
| Amounts payable after more than one year | 17 | €245,662 | €185,563 | -€60,099 | -24.5% |
| Financial debts | 170/4 | - | €185,563 | +€185,563 | |
| Amounts payable within one year | 42/48 | €90,798 | €78,654 | -€12,144 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | - | €59,699 | +€59,699 | |
| Trade debts | 44 | €1,910 | €1,404 | -€506 | -26.5% |
| Suppliers | 440/4 | - | €1,404 | +€1,404 | |
| Other amounts payable | 47/48 | - | €17,551 | +€17,551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,202 | €1,876 | +€675 | +56.1% |
| Other operating charges | 640/8 | - | €1,198 | +€1,198 | |
| Gross operating margin | 9900 | €62,145 | €63,364 | +€1,218 | +2.0% |
| Operating profit (loss) | 9901 | €59,781 | €60,290 | +€509 | +0.9% |
| Financial income | 75/76B | - | €30,000 | +€30,000 | |
| Recurring financial income | 75 | €60,912 | €30,000 | -€30,912 | -50.7% |
| Financial charges | 65/66B | - | €10,451 | +€10,451 | |
| Recurring financial charges | 65 | €10,826 | €10,451 | -€375 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €109,867 | €79,838 | -€30,029 | -27.3% |
| Income taxes | 67/77 | €16,033 | €13,280 | -€2,753 | -17.2% |
| Profit (loss) for the period | 9904 | €93,834 | €66,558 | -€27,276 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,834 | €66,558 | -€27,276 | -29.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.