SEBE CONSTRUCT: 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.
SEBE CONSTRUCT
Largest movements
- Receivables within one year -€7,760
down €7,760 (-16.6%), from €46,697 to €38,938
of which Trade receivables: -€4,179
- Tax, wage and social debts -€6,374
down €6,374 (-60.2%), from €10,585 to €4,211
- Trade debts -€2,124
down €2,124 (-90.3%), from €2,351 to €227
- Profit (loss) carried forward +€791
up €791 (+2.4%), from €33,363 to €34,154
- Gross operating margin -€10,823
down €10,823 (-87.7%), from €12,335 to €1,512
- Taxes -€2,309
down €2,309 (-82.3%), from €2,807 to €498
- Financial income -€1,056
down €1,056 (-45.1%), from €2,343 to €1,287
- Other operating charges +€900
up €900 (+300.0%), from €300 to €1,200
- Staff costs -€574
no longer reported in 2025 (was €574)
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 | €46,799 | €39,092 | -€7,707 | -16.5% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €46,709 | €39,002 | -€7,707 | -16.5% |
| Amounts receivable within one year | 40/41 | €46,697 | €38,938 | -€7,760 | -16.6% |
| Trade receivables | 40 | €22,309 | €18,130 | -€4,179 | -18.7% |
| Other amounts receivable | 41 | €24,388 | €20,808 | -€3,580 | -14.7% |
| Cash at bank and in hand | 54/58 | €12 | €64 | +€53 | +456.1% |
| Total equity and liabilities | 10/49 | €46,799 | €39,092 | -€7,707 | -16.5% |
| Equity | 10/15 | €33,863 | €34,654 | +€791 | +2.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,363 | €34,154 | +€791 | +2.4% |
| Amounts payable | 17/49 | €12,936 | €4,438 | -€8,498 | -65.7% |
| Amounts payable within one year | 42/48 | €12,936 | €4,438 | -€8,498 | -65.7% |
| Trade debts | 44 | €2,351 | €227 | -€2,124 | -90.3% |
| Suppliers | 440/4 | €2,351 | €227 | -€2,124 | -90.3% |
| Taxes, remuneration and social security | 45 | €10,585 | €4,211 | -€6,374 | -60.2% |
| Taxes | 450/3 | €10,585 | €4,211 | -€6,374 | -60.2% |
| Remuneration, social security and pensions | 62 | €574 | - | -€574 | |
| Other operating charges | 640/8 | €300 | €1,200 | +€900 | +300.0% |
| Gross operating margin | 9900 | €12,335 | €1,512 | -€10,823 | -87.7% |
| Operating profit (loss) | 9901 | €11,461 | €312 | -€11,149 | -97.3% |
| Financial income | 75/76B | €2,343 | €1,287 | -€1,056 | -45.1% |
| Recurring financial income | 75 | €2,343 | €1,287 | -€1,056 | -45.1% |
| Financial charges | 65/66B | €71 | €310 | +€239 | +337.4% |
| Recurring financial charges | 65 | €71 | €310 | +€239 | +337.4% |
| Profit (loss) for the period before taxes | 9903 | €13,733 | €1,289 | -€12,445 | -90.6% |
| Income taxes | 67/77 | €2,807 | €498 | -€2,309 | -82.3% |
| Profit (loss) for the period | 9904 | €10,927 | €791 | -€10,136 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,927 | €791 | -€10,136 | -92.8% |
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.