SEBO: 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.
SEBO
Largest movements
- Receivables after one year -€40,158
down €40,158 (-36.0%), from €111,486 to €71,328
- Receivables within one year -€24,457
down €24,457 (-13.4%), from €182,563 to €158,106
of which Other amounts receivable: -€14,020
- Stocks and contracts -€14,438
down €14,438 (-6.2%), from €233,680 to €219,242
of which Stocks: -€9,938
- Profit (loss) carried forward -€65,769
down €65,769, from €904 to -€64,865
- Short-term financial debts +€24,557
up €24,557 (+88.5%), from €27,760 to €52,317
- Debts after one year -€20,079
down €20,079 (-11.2%), from €178,566 to €158,488
of which Trade debts: -€20,122
- Trade debts -€17,124
down €17,124 (-23.3%), from €73,571 to €56,447
- Gross operating margin -€164,292
down €164,292 (-47.8%), from €343,644 to €179,352
- Staff costs -€21,224
down €21,224 (-8.2%), from €258,428 to €237,204
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 | €530,185 | €448,731 | -€81,454 | -15.4% |
| Current assets | 29/58 | €530,185 | €448,731 | -€81,454 | -15.4% |
| Amounts receivable after more than one year | 29 | €111,486 | €71,328 | -€40,158 | -36.0% |
| Trade receivables | 290 | €111,486 | €71,328 | -€40,158 | -36.0% |
| Stocks and contracts in progress | 3 | €233,680 | €219,242 | -€14,438 | -6.2% |
| Stocks | 30/36 | €132,180 | €122,242 | -€9,938 | -7.5% |
| Contracts in progress | 37 | €101,500 | €97,000 | -€4,500 | -4.4% |
| Amounts receivable within one year | 40/41 | €182,563 | €158,106 | -€24,457 | -13.4% |
| Trade receivables | 40 | €159,513 | €149,076 | -€10,437 | -6.5% |
| Other amounts receivable | 41 | €23,050 | €9,030 | -€14,020 | -60.8% |
| Cash at bank and in hand | 54/58 | €29 | €55 | +€26 | +92.6% |
| Deferred charges and accrued income | 490/1 | €2,427 | - | -€2,427 | |
| Total equity and liabilities | 10/49 | €530,185 | €448,731 | -€81,454 | -15.4% |
| Equity | 10/15 | €209,904 | €144,135 | -€65,769 | -31.3% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €904 | -€64,865 | -€65,769 | |
| Amounts payable | 17/49 | €320,281 | €304,596 | -€15,684 | -4.9% |
| Amounts payable after more than one year | 17 | €178,566 | €158,488 | -€20,079 | -11.2% |
| Trade debts | 175 | €83,924 | €63,801 | -€20,122 | -24.0% |
| Other amounts payable | 178/9 | €94,643 | €94,686 | +€44 | 0.0% |
| Amounts payable within one year | 42/48 | €127,798 | €137,171 | +€9,372 | +7.3% |
| Financial debts | 43 | €27,760 | €52,317 | +€24,557 | +88.5% |
| Credit institutions | 430/8 | €27,760 | €52,317 | +€24,557 | +88.5% |
| Trade debts | 44 | €73,571 | €56,447 | -€17,124 | -23.3% |
| Suppliers | 440/4 | €73,571 | €56,447 | -€17,124 | -23.3% |
| Taxes, remuneration and social security | 45 | €26,468 | €28,406 | +€1,939 | +7.3% |
| Taxes | 450/3 | €10 | €350 | +€340 | +3319.0% |
| Remuneration and social security | 454/9 | €26,457 | €28,056 | +€1,599 | +6.0% |
| Accrued charges and deferred income | 492/3 | €13,916 | €8,938 | -€4,978 | -35.8% |
| Remuneration, social security and pensions | 62 | €258,428 | €237,204 | -€21,224 | -8.2% |
| Other operating charges | 640/8 | €841 | €843 | +€2 | +0.3% |
| Gross operating margin | 9900 | €343,644 | €179,352 | -€164,292 | -47.8% |
| Operating profit (loss) | 9901 | €84,375 | -€58,695 | -€143,070 | |
| Financial income | 75/76B | - | €227 | +€227 | |
| Recurring financial income | 75 | - | €227 | +€227 | |
| Financial charges | 65/66B | €5,260 | €7,301 | +€2,041 | +38.8% |
| Recurring financial charges | 65 | €5,260 | €7,301 | +€2,041 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | €79,115 | -€65,769 | -€144,884 | |
| Profit (loss) for the period | 9904 | €79,115 | -€65,769 | -€144,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,115 | -€65,769 | -€144,884 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.