SEBBATI: 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.
SEBBATI
Largest movements
- Cash -€14,131
down €14,131 (-59.2%), from €23,888 to €9,758
mainly Net result for the year (-€18,473) and Investment in fixed assets (net) (-€3,419)
- Tangible fixed assets -€4,542
down €4,542 (-14.8%), from €30,732 to €26,191
of which Furniture and vehicles: -€26,360
- Deferred charges and accrued income -€1,775
no longer reported in 2025 (was €1,775)
- Receivables within one year +€987
up €987 (+5.4%), from €18,162 to €19,149
of which Other amounts receivable: +€635
- Profit (loss) carried forward -€18,473
down €18,473, from €286 to -€18,187
- Other debts +€2,838
up €2,838 (+13.6%), from €20,811 to €23,649
- Tax, wage and social debts -€2,570
down €2,570 (-60.2%), from €4,266 to €1,696
of which Taxes: -€4,209
- Gross operating margin -€46,717
down €46,717, from €45,392 to -€1,325
- Taxes -€6,295
down €6,295 (-92.3%), from €6,819 to €524
- Depreciation -€5,310
down €5,310 (-40.0%), from €13,271 to €7,961
- Other operating charges +€4,995
up €4,995 (+338.9%), from €1,474 to €6,469
- Financial charges +€1,035
up €1,035 (+86.5%), from €1,197 to €2,232
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 | €74,557 | €55,097 | -€19,460 | -26.1% |
| Fixed assets | 21/28 | €30,732 | €26,191 | -€4,542 | -14.8% |
| Tangible fixed assets | 22/27 | €30,732 | €26,191 | -€4,542 | -14.8% |
| Land and buildings | 22 | - | €21,867 | +€21,867 | |
| Plant, machinery and equipment | 23 | €2,852 | €2,803 | -€49 | -1.7% |
| Furniture and vehicles | 24 | €27,881 | €1,521 | -€26,360 | -94.5% |
| Current assets | 29/58 | €43,824 | €28,906 | -€14,918 | -34.0% |
| Amounts receivable within one year | 40/41 | €18,162 | €19,149 | +€987 | +5.4% |
| Trade receivables | 40 | €11,123 | €11,476 | +€352 | +3.2% |
| Other amounts receivable | 41 | €7,038 | €7,673 | +€635 | +9.0% |
| Cash at bank and in hand | 54/58 | €23,888 | €9,758 | -€14,131 | -59.2% |
| Deferred charges and accrued income | 490/1 | €1,775 | - | -€1,775 | |
| Total equity and liabilities | 10/49 | €74,557 | €55,097 | -€19,460 | -26.1% |
| Equity | 10/15 | €29,936 | €11,463 | -€18,473 | -61.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,650 | €26,650 | = | 0.0% |
| Distributable reserves | 133 | €26,650 | €26,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286 | -€18,187 | -€18,473 | |
| Amounts payable | 17/49 | €44,621 | €43,634 | -€987 | -2.2% |
| Amounts payable after more than one year | 17 | €14,728 | €14,082 | -€646 | -4.4% |
| Financial debts | 170/4 | €14,728 | €14,082 | -€646 | -4.4% |
| Amounts payable within one year | 42/48 | €29,893 | €29,552 | -€341 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,484 | €4,207 | -€278 | -6.2% |
| Trade debts | 44 | €331 | - | -€331 | |
| Suppliers | 440/4 | €331 | - | -€331 | |
| Taxes, remuneration and social security | 45 | €4,266 | €1,696 | -€2,570 | -60.2% |
| Taxes | 450/3 | €4,266 | €57 | -€4,209 | -98.7% |
| Remuneration and social security | 454/9 | - | €1,639 | +€1,639 | |
| Other amounts payable | 47/48 | €20,811 | €23,649 | +€2,838 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,271 | €7,961 | -€5,310 | -40.0% |
| Other operating charges | 640/8 | €1,474 | €6,469 | +€4,995 | +338.9% |
| Gross operating margin | 9900 | €45,392 | -€1,325 | -€46,717 | |
| Operating profit (loss) | 9901 | €30,647 | -€15,755 | -€46,402 | |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €1,197 | €2,232 | +€1,035 | +86.5% |
| Recurring financial charges | 65 | €1,197 | €2,232 | +€1,035 | +86.5% |
| Profit (loss) for the period before taxes | 9903 | €29,450 | -€17,950 | -€47,400 | |
| Income taxes | 67/77 | €6,819 | €524 | -€6,295 | -92.3% |
| Profit (loss) for the period | 9904 | €22,631 | -€18,473 | -€41,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,631 | -€18,473 | -€41,105 |
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 5 October 2026 via checked.be.