SEBOV: 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.
SEBOV
Largest movements
- Tangible fixed assets -€4,200
down €4,200 (-25.0%), from €16,800 to €12,600
- Cash +€378
up €378 (+2811.4%), from €13 to €391
mainly Depreciation (+€4,200) and Trade debts (+€4,105)
- Profit (loss) carried forward -€9,366
down €9,366 (-147.6%), from -€6,347 to -€15,713
- Trade debts +€4,105
up €4,105 (+22.8%), from €18,000 to €22,105
- Other debts +€1,495
up €1,495 (+388.7%), from €385 to €1,879
- Purchases and services -€4,514
down €4,514 (-50.1%), from €9,005 to €4,491
- Turnover -€4,200
down €4,200 (-100.0%), from €4,200 to €0
- Depreciation +€3,000
up €3,000 (+250.0%), from €1,200 to €4,200
- Gross operating margin +€314
up €314 (+6.5%), from -€4,805 to -€4,491
- Other operating charges +€266
up €266 (+87.6%), from €304 to €570
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 | €17,038 | €13,271 | -€3,767 | -22.1% |
| Fixed assets | 21/28 | €16,800 | €12,600 | -€4,200 | -25.0% |
| Tangible fixed assets | 22/27 | €16,800 | €12,600 | -€4,200 | -25.0% |
| Furniture and vehicles | 24 | €16,800 | €12,600 | -€4,200 | -25.0% |
| Current assets | 29/58 | €238 | €671 | +€433 | +182.1% |
| Amounts receivable within one year | 40/41 | €224 | €280 | +€55 | +24.7% |
| Other amounts receivable | 41 | €224 | €280 | +€55 | +24.7% |
| Cash at bank and in hand | 54/58 | €13 | €391 | +€378 | +2811.4% |
| Total equity and liabilities | 10/49 | €17,038 | €13,271 | -€3,767 | -22.1% |
| Equity | 10/15 | -€1,347 | -€10,713 | -€9,366 | -695.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,347 | -€15,713 | -€9,366 | -147.6% |
| Amounts payable | 17/49 | €18,385 | €23,984 | +€5,599 | +30.5% |
| Amounts payable within one year | 42/48 | €18,385 | €23,984 | +€5,599 | +30.5% |
| Trade debts | 44 | €18,000 | €22,105 | +€4,105 | +22.8% |
| Suppliers | 440/4 | €18,000 | €22,105 | +€4,105 | +22.8% |
| Other amounts payable | 47/48 | €385 | €1,879 | +€1,495 | +388.7% |
| Turnover | 70 | €4,200 | €0 | -€4,200 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,005 | €4,491 | -€4,514 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €4,200 | +€3,000 | +250.0% |
| Other operating charges | 640/8 | €304 | €570 | +€266 | +87.6% |
| Gross operating margin | 9900 | -€4,805 | -€4,491 | +€314 | +6.5% |
| Operating profit (loss) | 9901 | -€6,309 | -€9,261 | -€2,952 | -46.8% |
| Financial charges | 65/66B | €38 | €105 | +€67 | +178.2% |
| Recurring financial charges | 65 | €38 | €105 | +€67 | +178.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,347 | -€9,366 | -€3,019 | -47.6% |
| Profit (loss) for the period | 9904 | -€6,347 | -€9,366 | -€3,019 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,347 | -€9,366 | -€3,019 | -47.6% |
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 2 October 2026 via checked.be.