SEBIMO: 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.
SEBIMO
Largest movements
- Receivables after one year -€20,100
down €20,100 (-15.1%), from €133,000 to €112,900
- Tangible fixed assets -€13,416
down €13,416 (-2.7%), from €494,769 to €481,353
of which Land and buildings: -€8,595
- Profit (loss) carried forward -€39,406
down €39,406 (-13.1%), from -€299,793 to -€339,199
- Financial charges +€16,249
up €16,249 (+147.0%), from €11,056 to €27,305
- Gross operating margin +€11,721
up €11,721, from -€1,866 to €9,855
- Other operating charges -€310
down €310 (-3.8%), from €8,063 to €7,753
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 | €900,813 | €865,912 | -€34,901 | -3.9% |
| Fixed assets | 21/28 | €583,819 | €570,418 | -€13,401 | -2.3% |
| Tangible fixed assets | 22/27 | €494,769 | €481,353 | -€13,416 | -2.7% |
| Land and buildings | 22 | €430,011 | €421,416 | -€8,595 | -2.0% |
| Plant, machinery and equipment | 23 | €64,758 | €59,937 | -€4,821 | -7.4% |
| Financial fixed assets | 28 | €89,050 | €89,065 | +€15 | 0.0% |
| Current assets | 29/58 | €316,994 | €295,495 | -€21,500 | -6.8% |
| Amounts receivable after more than one year | 29 | €133,000 | €112,900 | -€20,100 | -15.1% |
| Trade receivables | 290 | €133,000 | €112,900 | -€20,100 | -15.1% |
| Amounts receivable within one year | 40/41 | €182,736 | €181,682 | -€1,054 | -0.6% |
| Other amounts receivable | 41 | €182,736 | €181,682 | -€1,054 | -0.6% |
| Cash at bank and in hand | 54/58 | €999 | €655 | -€344 | -34.4% |
| Deferred charges and accrued income | 490/1 | €260 | €258 | -€2 | -0.8% |
| Total equity and liabilities | 10/49 | €900,813 | €865,912 | -€34,901 | -3.9% |
| Equity | 10/15 | -€143,620 | -€183,026 | -€39,406 | -27.4% |
| Contributions | 10/11 | €156,173 | €156,173 | = | 0.0% |
| Capital | 10 | €156,173 | €156,173 | = | 0.0% |
| Issued capital | 100 | €156,173 | €156,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,793 | -€339,199 | -€39,406 | -13.1% |
| Amounts payable | 17/49 | €1,044,434 | €1,048,939 | +€4,505 | +0.4% |
| Amounts payable after more than one year | 17 | €905,000 | €905,000 | = | 0.0% |
| Financial debts | 170/4 | €905,000 | €905,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €138,234 | €141,039 | +€2,805 | +2.0% |
| Trade debts | 44 | €138,234 | €141,039 | +€2,805 | +2.0% |
| Suppliers | 440/4 | €138,234 | €141,039 | +€2,805 | +2.0% |
| Accrued charges and deferred income | 492/3 | €1,200 | €2,900 | +€1,700 | +141.7% |
| Remuneration, social security and pensions | 62 | €788 | €787 | -€2 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,416 | €13,416 | = | 0.0% |
| Other operating charges | 640/8 | €8,063 | €7,753 | -€310 | -3.8% |
| Gross operating margin | 9900 | -€1,866 | €9,855 | +€11,721 | |
| Operating profit (loss) | 9901 | -€24,133 | -€12,101 | +€12,033 | +49.9% |
| Financial charges | 65/66B | €11,056 | €27,305 | +€16,249 | +147.0% |
| Recurring financial charges | 65 | €11,056 | €27,305 | +€16,249 | +147.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,189 | -€39,406 | -€4,217 | -12.0% |
| Profit (loss) for the period | 9904 | -€35,189 | -€39,406 | -€4,217 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,189 | -€39,406 | -€4,217 | -12.0% |
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.