SEBER CREATIONS: 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.
SEBER CREATIONS
Largest movements
- Receivables within one year -€166,580
down €166,580 (-76.5%), from €217,847 to €51,267
of which Trade receivables: -€126,015
- Cash -€112,492
down €112,492 (-5.4%), from €2.1m to €2.0m
mainly Other debts (-€156,797) and Net result for the year (-€118,507)
- Stocks and contracts -€36,522
down €36,522 (-3.0%), from €1.2m to €1.2m
- Other debts -€156,797
down €156,797 (-17.6%), from €889,303 to €732,506
- Profit (loss) carried forward -€118,507
down €118,507 (-713%), from -€16,628 to -€135,135
- Trade debts -€56,337
down €56,337 (-23.0%), from €245,215 to €188,879
- Gross operating margin -€93,517
down €93,517 (-162%), from -€57,651 to -€151,168
- Financial income -€16,477
down €16,477 (-18.2%), from €90,304 to €73,827
- Staff costs +€3,122
up €3,122 (+9.0%), from €34,532 to €37,654
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 | €3,521,157 | €3,196,916 | -€324,241 | -9.2% |
| Fixed assets | 21/28 | €5,297 | €4,279 | -€1,018 | -19.2% |
| Tangible fixed assets | 22/27 | €2,422 | €1,403 | -€1,018 | -42.1% |
| Plant, machinery and equipment | 23 | €2,421 | €1,403 | -€1,018 | -42.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €2,876 | €2,876 | = | 0.0% |
| Current assets | 29/58 | €3,515,859 | €3,192,637 | -€323,223 | -9.2% |
| Stocks and contracts in progress | 3 | €1,217,951 | €1,181,429 | -€36,522 | -3.0% |
| Stocks | 30/36 | €1,217,951 | €1,181,429 | -€36,522 | -3.0% |
| Amounts receivable within one year | 40/41 | €217,847 | €51,267 | -€166,580 | -76.5% |
| Trade receivables | 40 | €177,282 | €51,267 | -€126,015 | -71.1% |
| Other amounts receivable | 41 | €40,565 | - | -€40,565 | |
| Cash at bank and in hand | 54/58 | €2,071,635 | €1,959,143 | -€112,492 | -5.4% |
| Deferred charges and accrued income | 490/1 | €8,427 | €798 | -€7,629 | -90.5% |
| Total equity and liabilities | 10/49 | €3,521,157 | €3,196,916 | -€324,241 | -9.2% |
| Equity | 10/15 | €2,380,418 | €2,261,911 | -€118,507 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,378,446 | €2,378,446 | = | 0.0% |
| Distributable reserves | 133 | €2,378,446 | €2,378,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,628 | -€135,135 | -€118,507 | -713% |
| Amounts payable | 17/49 | €1,140,738 | €935,005 | -€205,734 | -18.0% |
| Amounts payable within one year | 42/48 | €1,140,738 | €935,005 | -€205,734 | -18.0% |
| Trade debts | 44 | €245,215 | €188,879 | -€56,337 | -23.0% |
| Suppliers | 440/4 | €245,215 | €188,879 | -€56,337 | -23.0% |
| Taxes, remuneration and social security | 45 | €6,220 | €13,620 | +€7,400 | +119% |
| Taxes | 450/3 | €3,274 | €10,430 | +€7,156 | +219% |
| Remuneration and social security | 454/9 | €2,946 | €3,189 | +€243 | +8.3% |
| Other amounts payable | 47/48 | €889,303 | €732,506 | -€156,797 | -17.6% |
| Remuneration, social security and pensions | 62 | €34,532 | €37,654 | +€3,122 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | €1,018 | +€324 | +46.7% |
| Other operating charges | 640/8 | €1,171 | €1,184 | +€14 | +1.2% |
| Gross operating margin | 9900 | -€57,651 | -€151,168 | -€93,517 | -162% |
| Operating profit (loss) | 9901 | -€94,048 | -€191,025 | -€96,977 | -103% |
| Financial income | 75/76B | €90,304 | €73,827 | -€16,477 | -18.2% |
| Recurring financial income | 75 | €90,304 | €73,827 | -€16,477 | -18.2% |
| Financial charges | 65/66B | €1,158 | €713 | -€446 | -38.5% |
| Recurring financial charges | 65 | €1,158 | €713 | -€446 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,902 | -€117,910 | -€113,008 | -2,305% |
| Income taxes | 67/77 | €1,175 | €597 | -€578 | -49.2% |
| Profit (loss) for the period | 9904 | -€6,077 | -€118,507 | -€112,430 | -1,850% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,077 | -€118,507 | -€112,430 | -1,850% |
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 16 October 2026 via checked.be.