SEBAHAT: 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.
SEBAHAT
Largest movements
- Tangible fixed assets +€7,833
up €7,833 (+7142.7%), from €110 to €7,943
- Receivables within one year +€6,504
up €6,504 (+44.1%), from €14,762 to €21,266
of which Other amounts receivable: +€5,054
- Cash -€5,135
no longer reported in 2025 (was €5,135)
mainly Investment in fixed assets (net) (-€8,000) and Receivables within one year (-€6,504)
- Deferred charges and accrued income -€354
no longer reported in 2025 (was €354)
- Profit (loss) carried forward +€10,635
up €10,635, from -€6,566 to €4,070
- Other debts -€2,032
no longer reported in 2025 (was €2,032)
- Tax, wage and social debts -€1,536
down €1,536 (-32.4%), from €4,740 to €3,204
- Short-term financial debts +€911
new in 2025: €911
- Trade debts +€870
up €870 (+33.7%), from €2,584 to €3,453
- Turnover +€121,490
new in 2025: €121,490
- Purchases and services +€106,457
new in 2025: €106,457
- Gross operating margin -€4,217
down €4,217 (-21.9%), from €19,250 to €15,033
- Staff costs +€2,142
new in 2025: €2,142
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.
Cash bridge derived
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 | €23,850 | €32,698 | +€8,848 | +37.1% |
| Fixed assets | 21/28 | €3,599 | €11,432 | +€7,833 | +217.7% |
| Tangible fixed assets | 22/27 | €110 | €7,943 | +€7,833 | +7142.7% |
| Furniture and vehicles | 24 | €110 | €7,943 | +€7,833 | +7142.7% |
| Financial fixed assets | 28 | €3,489 | €3,489 | = | 0.0% |
| Current assets | 29/58 | €20,251 | €21,266 | +€1,015 | +5.0% |
| Amounts receivable within one year | 40/41 | €14,762 | €21,266 | +€6,504 | +44.1% |
| Trade receivables | 40 | €14,762 | €16,212 | +€1,450 | +9.8% |
| Other amounts receivable | 41 | - | €5,054 | +€5,054 | |
| Cash at bank and in hand | 54/58 | €5,135 | - | -€5,135 | |
| Deferred charges and accrued income | 490/1 | €354 | - | -€354 | |
| Total equity and liabilities | 10/49 | €23,850 | €32,698 | +€8,848 | +37.1% |
| Equity | 10/15 | €14,494 | €25,130 | +€10,635 | +73.4% |
| Contributions | 10/11 | €19,200 | €19,200 | = | 0.0% |
| Contributions outside capital | 11 | €19,200 | - | -€19,200 | |
| Other | 1109/19 | €19,200 | - | -€19,200 | |
| 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 | -€6,566 | €4,070 | +€10,635 | |
| Amounts payable | 17/49 | €9,355 | €7,568 | -€1,787 | -19.1% |
| Amounts payable within one year | 42/48 | €9,355 | €7,568 | -€1,787 | -19.1% |
| Financial debts | 43 | - | €911 | +€911 | |
| Credit institutions | 430/8 | - | €911 | +€911 | |
| Trade debts | 44 | €2,584 | €3,453 | +€870 | +33.7% |
| Suppliers | 440/4 | €2,584 | €3,453 | +€870 | +33.7% |
| Taxes, remuneration and social security | 45 | €4,740 | €3,204 | -€1,536 | -32.4% |
| Taxes | 450/3 | €4,740 | €3,204 | -€1,536 | -32.4% |
| Other amounts payable | 47/48 | €2,032 | - | -€2,032 | |
| Turnover | 70 | - | €121,490 | +€121,490 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €106,457 | +€106,457 | |
| Remuneration, social security and pensions | 62 | - | €2,142 | +€2,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38 | €167 | +€128 | +335.4% |
| Other operating charges | 640/8 | €1,086 | €1,902 | +€816 | +75.2% |
| Non-recurring operating charges | 66A | €556 | - | -€556 | |
| Gross operating margin | 9900 | €19,250 | €15,033 | -€4,217 | -21.9% |
| Operating profit (loss) | 9901 | €17,570 | €10,822 | -€6,748 | -38.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €296 | €187 | -€109 | -36.8% |
| Recurring financial charges | 65 | €296 | €187 | -€109 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €17,274 | €10,635 | -€6,639 | -38.4% |
| Profit (loss) for the period | 9904 | €17,274 | €10,635 | -€6,639 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,274 | €10,635 | -€6,639 | -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 12 October 2026 via checked.be.