SEBIX CONSTRUCT: 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.
SEBIX CONSTRUCT
Largest movements
- Cash +€135,089
up €135,089 (+130%), from €103,591 to €238,680
mainly Net result for the year (+€160,941) and Depreciation (+€36,036)
- Receivables within one year +€65,948
up €65,948 (+52.2%), from €126,406 to €192,354
of which Trade receivables: +€43,163
- Tangible fixed assets -€46,990
down €46,990 (-46.7%), from €100,709 to €53,719
of which Furniture and vehicles: -€46,654
- Profit (loss) carried forward +€125,634
up €125,634 (+49.0%), from €256,317 to €381,951
- Other debts +€30,138
up €30,138 (+11,373%), from €265 to €30,403
- Tax, wage and social debts +€21,569
up €21,569 (+61.5%), from €35,080 to €56,649
of which Remuneration and social security: +€13,541
- Trade debts -€13,376
down €13,376 (-52.1%), from €25,676 to €12,300
- Current portion of long-term debt -€5,343
down €5,343 (-57.7%), from €9,258 to €3,915
- Gross operating margin +€212,673
up €212,673 (+179%), from €119,104 to €331,777
- Taxes +€44,326
up €44,326 (+450%), from €9,844 to €54,170
- Financial charges +€42,047
up €42,047 (+1,232%), from €3,414 to €45,461
- Depreciation -€12,026
down €12,026 (-25.0%), from €48,062 to €36,036
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 | €335,511 | €490,218 | +€154,707 | +46.1% |
| Fixed assets | 21/28 | €100,709 | €53,719 | -€46,990 | -46.7% |
| Tangible fixed assets | 22/27 | €100,709 | €53,719 | -€46,990 | -46.7% |
| Plant, machinery and equipment | 23 | €2,271 | €1,935 | -€336 | -14.8% |
| Furniture and vehicles | 24 | €98,438 | €51,784 | -€46,654 | -47.4% |
| Current assets | 29/58 | €234,802 | €436,499 | +€201,697 | +85.9% |
| Amounts receivable within one year | 40/41 | €126,406 | €192,354 | +€65,948 | +52.2% |
| Trade receivables | 40 | €117,978 | €161,141 | +€43,163 | +36.6% |
| Other amounts receivable | 41 | €8,428 | €31,213 | +€22,785 | +270% |
| Cash at bank and in hand | 54/58 | €103,591 | €238,680 | +€135,089 | +130% |
| Deferred charges and accrued income | 490/1 | €4,805 | €5,465 | +€660 | +13.7% |
| Total equity and liabilities | 10/49 | €335,511 | €490,218 | +€154,707 | +46.1% |
| Equity | 10/15 | €261,317 | €386,951 | +€125,634 | +48.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,317 | €381,951 | +€125,634 | +49.0% |
| Amounts payable | 17/49 | €74,194 | €103,267 | +€29,073 | +39.2% |
| Amounts payable after more than one year | 17 | €3,915 | - | -€3,915 | |
| Financial debts | 170/4 | €3,915 | - | -€3,915 | |
| Amounts payable within one year | 42/48 | €70,279 | €103,267 | +€32,988 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €9,258 | €3,915 | -€5,343 | -57.7% |
| Trade debts | 44 | €25,676 | €12,300 | -€13,376 | -52.1% |
| Suppliers | 440/4 | €25,676 | €12,300 | -€13,376 | -52.1% |
| Taxes, remuneration and social security | 45 | €35,080 | €56,649 | +€21,569 | +61.5% |
| Taxes | 450/3 | €30,758 | €38,786 | +€8,028 | +26.1% |
| Remuneration and social security | 454/9 | €4,322 | €17,863 | +€13,541 | +313% |
| Other amounts payable | 47/48 | €265 | €30,403 | +€30,138 | +11,373% |
| Non-recurring operating income | 76A | - | €376 | +€376 | |
| Remuneration, social security and pensions | 62 | €27,711 | €26,098 | -€1,613 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,062 | €36,036 | -€12,026 | -25.0% |
| Other operating charges | 640/8 | €2,300 | €1,174 | -€1,126 | -49.0% |
| Non-recurring operating charges | 66A | - | €7,912 | +€7,912 | |
| Gross operating margin | 9900 | €119,104 | €331,777 | +€212,673 | +179% |
| Operating profit (loss) | 9901 | €41,031 | €260,557 | +€219,526 | +535% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €3,414 | €45,461 | +€42,047 | +1,232% |
| Recurring financial charges | 65 | €3,414 | €45,461 | +€42,047 | +1,232% |
| Profit (loss) for the period before taxes | 9903 | €37,617 | €215,111 | +€177,494 | +472% |
| Income taxes | 67/77 | €9,844 | €54,170 | +€44,326 | +450% |
| Profit (loss) for the period | 9904 | €27,773 | €160,941 | +€133,168 | +479% |
| Profit (loss) for the period to be appropriated | 9905 | €27,773 | €160,941 | +€133,168 | +479% |
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 14 October 2026 via checked.be.