Sebas: 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.
Sebas
Largest movements
- Cash +€22,533
up €22,533 (+273.4%), from €8,242 to €30,774
mainly Other debts (+€28,083) and Tax, wage and social debts (+€4,773)
- Tangible fixed assets +€1,896
up €1,896 (+18.0%), from €10,549 to €12,445
- Receivables within one year +€1,340
up €1,340 (+25.8%), from €5,194 to €6,534
- Intangible fixed assets -€765
down €765 (-25.0%), from €3,057 to €2,293
- Other debts +€28,083
up €28,083 (+124.1%), from €22,628 to €50,711
- Profit (loss) carried forward -€6,934
down €6,934 (-354.4%), from -€1,956 to -€8,890
- Tax, wage and social debts +€4,773
up €4,773 (+401.9%), from €1,188 to €5,961
- Trade debts -€1,109
down €1,109 (-50.8%), from €2,183 to €1,075
- Gross operating margin -€4,845
down €4,845, from €2,593 to -€2,252
- Depreciation +€1,133
up €1,133 (+43.2%), from €2,624 to €3,758
- Other operating charges -€848
down €848 (-47.9%), from €1,768 to €920
- Financial charges -€159
down €159 (-97.5%), from €164 to €4
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 | €27,042 | €52,046 | +€25,004 | +92.5% |
| Fixed assets | 21/28 | €13,607 | €14,738 | +€1,131 | +8.3% |
| Intangible fixed assets | 21 | €3,057 | €2,293 | -€765 | -25.0% |
| Tangible fixed assets | 22/27 | €10,549 | €12,445 | +€1,896 | +18.0% |
| Plant, machinery and equipment | 23 | €10,549 | €12,445 | +€1,896 | +18.0% |
| Current assets | 29/58 | €13,436 | €37,308 | +€23,873 | +177.7% |
| Amounts receivable within one year | 40/41 | €5,194 | €6,534 | +€1,340 | +25.8% |
| Trade receivables | 40 | €5,194 | €6,534 | +€1,340 | +25.8% |
| Cash at bank and in hand | 54/58 | €8,242 | €30,774 | +€22,533 | +273.4% |
| Total equity and liabilities | 10/49 | €27,042 | €52,046 | +€25,004 | +92.5% |
| Equity | 10/15 | €1,044 | -€5,890 | -€6,934 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,956 | -€8,890 | -€6,934 | -354.4% |
| Amounts payable | 17/49 | €25,999 | €57,936 | +€31,938 | +122.8% |
| Amounts payable within one year | 42/48 | €25,999 | €57,936 | +€31,938 | +122.8% |
| Financial debts | 43 | - | €190 | +€190 | |
| Credit institutions | 430/8 | - | €190 | +€190 | |
| Trade debts | 44 | €2,183 | €1,075 | -€1,109 | -50.8% |
| Suppliers | 440/4 | €2,183 | €1,075 | -€1,109 | -50.8% |
| Taxes, remuneration and social security | 45 | €1,188 | €5,961 | +€4,773 | +401.9% |
| Taxes | 450/3 | €1,188 | €5,961 | +€4,773 | +401.9% |
| Other amounts payable | 47/48 | €22,628 | €50,711 | +€28,083 | +124.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €3,758 | +€1,133 | +43.2% |
| Other operating charges | 640/8 | €1,768 | €920 | -€848 | -47.9% |
| Gross operating margin | 9900 | €2,593 | -€2,252 | -€4,845 | |
| Operating profit (loss) | 9901 | -€1,799 | -€6,930 | -€5,131 | -285.1% |
| Financial income | 75/76B | €7 | €1 | -€6 | -91.5% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -91.5% |
| Financial charges | 65/66B | €164 | €4 | -€159 | -97.5% |
| Recurring financial charges | 65 | €164 | €4 | -€159 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,956 | -€6,934 | -€4,977 | -254.4% |
| Profit (loss) for the period | 9904 | -€1,956 | -€6,934 | -€4,977 | -254.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,956 | -€6,934 | -€4,977 | -254.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.