SEBASTIA: 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.
SEBASTIA
Largest movements
- Receivables within one year -€52,018
down €52,018 (-60.2%), from €86,445 to €34,427
of which Trade receivables: -€35,043
- Cash +€16,326
up €16,326 (+43.0%), from €37,963 to €54,289
mainly Receivables within one year (+€52,018) and Depreciation (+€10,907)
- Stocks and contracts -€2,200
down €2,200 (-39.1%), from €5,623 to €3,423
- Trade debts -€44,578
down €44,578 (-95.5%), from €46,664 to €2,086
- Profit (loss) carried forward +€9,515
up €9,515 (+12.5%), from €76,280 to €85,795
- Tax, wage and social debts -€2,558
down €2,558 (-19.7%), from €12,966 to €10,408
of which Taxes: -€2,558
- Gross operating margin -€18,776
down €18,776 (-40.9%), from €45,920 to €27,145
- Taxes -€7,644
down €7,644 (-65.3%), from €11,710 to €4,066
- Depreciation +€4,197
up €4,197 (+62.5%), from €6,710 to €10,907
- Staff costs +€895
new in 2025: €895
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.
Derived cash bridge
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 | €149,061 | €111,440 | -€37,621 | -25.2% |
| Fixed assets | 21/28 | €17,979 | €17,719 | -€260 | -1.4% |
| Tangible fixed assets | 22/27 | €17,443 | €17,519 | +€75 | +0.4% |
| Plant, machinery and equipment | 23 | €1,530 | €864 | -€667 | -43.6% |
| Furniture and vehicles | 24 | €14,403 | €15,523 | +€1,120 | +7.8% |
| Other tangible fixed assets | 26 | €1,510 | €1,133 | -€378 | -25.0% |
| Financial fixed assets | 28 | €536 | €200 | -€336 | -62.7% |
| Current assets | 29/58 | €131,082 | €93,721 | -€37,361 | -28.5% |
| Stocks and contracts in progress | 3 | €5,623 | €3,423 | -€2,200 | -39.1% |
| Stocks | 30/36 | €5,623 | €3,423 | -€2,200 | -39.1% |
| Amounts receivable within one year | 40/41 | €86,445 | €34,427 | -€52,018 | -60.2% |
| Trade receivables | 40 | €35,043 | - | -€35,043 | |
| Other amounts receivable | 41 | €51,402 | €34,427 | -€16,975 | -33.0% |
| Cash at bank and in hand | 54/58 | €37,963 | €54,289 | +€16,326 | +43.0% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,582 | +€531 | +50.4% |
| Total equity and liabilities | 10/49 | €149,061 | €111,440 | -€37,621 | -25.2% |
| Equity | 10/15 | €89,340 | €98,855 | +€9,515 | +10.7% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 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 | €76,280 | €85,795 | +€9,515 | +12.5% |
| Amounts payable | 17/49 | €59,721 | €12,585 | -€47,136 | -78.9% |
| Amounts payable within one year | 42/48 | €59,721 | €12,585 | -€47,136 | -78.9% |
| Trade debts | 44 | €46,664 | €2,086 | -€44,578 | -95.5% |
| Suppliers | 440/4 | €46,664 | €2,086 | -€44,578 | -95.5% |
| Taxes, remuneration and social security | 45 | €12,966 | €10,408 | -€2,558 | -19.7% |
| Taxes | 450/3 | €12,924 | €10,366 | -€2,558 | -19.8% |
| Remuneration and social security | 454/9 | €42 | €42 | = | 0.0% |
| Other amounts payable | 47/48 | €91 | €91 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €895 | +€895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,710 | €10,907 | +€4,197 | +62.5% |
| Other operating charges | 640/8 | €1,362 | €1,402 | +€41 | +3.0% |
| Gross operating margin | 9900 | €45,920 | €27,145 | -€18,776 | -40.9% |
| Operating profit (loss) | 9901 | €37,848 | €13,940 | -€23,908 | -63.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €211 | €361 | +€149 | +70.8% |
| Recurring financial charges | 65 | €211 | €361 | +€149 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €37,637 | €13,581 | -€24,056 | -63.9% |
| Income taxes | 67/77 | €11,710 | €4,066 | -€7,644 | -65.3% |
| Profit (loss) for the period | 9904 | €25,927 | €9,515 | -€16,412 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,927 | €9,515 | -€16,412 | -63.3% |
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 14 October 2026 via checked.be.