SEBCON: 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.
SEBCON
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€134
up €134 (+1.7%), from -€8,000 to -€7,866
- Gross operating margin -€75
down €75 (-25.5%), from €293 to €218
- Turnover -€49
down €49 (-6.9%), from €709 to €660
- Financial charges -€28
down €28 (-37.8%), from €75 to €47
- Purchases and services +€26
up €26 (+6.2%), from €416 to €442
- Taxes -€10
down €10 (-21.3%), from €48 to €37
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,508 | €12,632 | +€124 | +1.0% |
| Current assets | 29/58 | €12,508 | €12,632 | +€124 | +1.0% |
| Amounts receivable within one year | 40/41 | €12,464 | €12,574 | +€110 | +0.9% |
| Other amounts receivable | 41 | €12,464 | €12,574 | +€110 | +0.9% |
| Cash at bank and in hand | 54/58 | €43 | €58 | +€14 | +32.7% |
| Total equity and liabilities | 10/49 | €12,508 | €12,632 | +€124 | +1.0% |
| Equity | 10/15 | €12,460 | €12,594 | +€134 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€8,000 | -€7,866 | +€134 | +1.7% |
| Amounts payable | 17/49 | €48 | €37 | -€10 | -21.3% |
| Amounts payable within one year | 42/48 | €48 | €37 | -€10 | -21.3% |
| Taxes, remuneration and social security | 45 | €48 | €37 | -€10 | -21.3% |
| Taxes | 450/3 | €48 | €37 | -€10 | -21.3% |
| Turnover | 70 | €709 | €660 | -€49 | -6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €416 | €442 | +€26 | +6.2% |
| Gross operating margin | 9900 | €293 | €218 | -€75 | -25.5% |
| Operating profit (loss) | 9901 | €293 | €218 | -€75 | -25.5% |
| Financial charges | 65/66B | €75 | €47 | -€28 | -37.8% |
| Recurring financial charges | 65 | €75 | €47 | -€28 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €218 | €172 | -€46 | -21.3% |
| Income taxes | 67/77 | €48 | €37 | -€10 | -21.3% |
| Profit (loss) for the period | 9904 | €170 | €134 | -€36 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €170 | €134 | -€36 | -21.3% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.