SEBUCO: what changed
SEBUCO
Largest movements
- Cash +€35,870
up €35,870 (+29.4%), from €122,151 to €158,021
mainly Depreciation (+€15,636) and Receivables within one year (+€13,548)
- Receivables within one year -€13,548
down €13,548 (-27.3%), from €49,632 to €36,084
of which Trade receivables: -€16,866
- Tangible fixed assets -€12,086
down €12,086 (-38.1%), from €31,704 to €19,618
of which Furniture and vehicles: -€9,898
- Stocks and contracts -€6,970
down €6,970 (-27.8%), from €25,113 to €18,143
- Profit (loss) carried forward +€8,809
up €8,809 (+5.1%), from €172,359 to €181,168
- Tax, wage and social debts -€4,870
down €4,870 (-50.9%), from €9,559 to €4,689
of which Taxes: -€5,346
- Turnover -€92,867
down €92,867 (-23.4%), from €396,572 to €303,705
- Purchases and services -€83,105
down €83,105 (-27.1%), from €306,867 to €223,762
- Depreciation -€10,054
down €10,054 (-39.1%), from €25,690 to €15,636
- Gross operating margin -€9,762
down €9,762 (-10.9%), from €89,705 to €79,943
- Staff costs +€8,060
up €8,060 (+19.2%), from €41,958 to €50,018
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,750 | €232,016 | +€3,266 | +1.4% |
| Fixed assets | 21/28 | €31,704 | €19,618 | -€12,086 | -38.1% |
| Tangible fixed assets | 22/27 | €31,704 | €19,618 | -€12,086 | -38.1% |
| Plant, machinery and equipment | 23 | €12,173 | €9,985 | -€2,188 | -18.0% |
| Furniture and vehicles | 24 | €19,531 | €9,633 | -€9,898 | -50.7% |
| Current assets | 29/58 | €197,046 | €212,398 | +€15,352 | +7.8% |
| Stocks and contracts in progress | 3 | €25,113 | €18,143 | -€6,970 | -27.8% |
| Stocks | 30/36 | €25,113 | €18,143 | -€6,970 | -27.8% |
| Amounts receivable within one year | 40/41 | €49,632 | €36,084 | -€13,548 | -27.3% |
| Trade receivables | 40 | €46,825 | €29,959 | -€16,866 | -36.0% |
| Other amounts receivable | 41 | €2,807 | €6,125 | +€3,318 | +118% |
| Cash at bank and in hand | 54/58 | €122,151 | €158,021 | +€35,870 | +29.4% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €228,750 | €232,016 | +€3,266 | +1.4% |
| Equity | 10/15 | €192,810 | €201,619 | +€8,809 | +4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,359 | €181,168 | +€8,809 | +5.1% |
| Amounts payable | 17/49 | €35,940 | €30,397 | -€5,543 | -15.4% |
| Amounts payable within one year | 42/48 | €35,940 | €30,397 | -€5,543 | -15.4% |
| Trade debts | 44 | €3,359 | €1,589 | -€1,770 | -52.7% |
| Suppliers | 440/4 | €3,359 | €1,589 | -€1,770 | -52.7% |
| Taxes, remuneration and social security | 45 | €9,559 | €4,689 | -€4,870 | -50.9% |
| Taxes | 450/3 | €7,229 | €1,883 | -€5,346 | -74.0% |
| Remuneration and social security | 454/9 | €2,330 | €2,806 | +€476 | +20.4% |
| Other amounts payable | 47/48 | €23,022 | €24,119 | +€1,097 | +4.8% |
| Turnover | 70 | €396,572 | €303,705 | -€92,867 | -23.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €306,867 | €223,762 | -€83,105 | -27.1% |
| Remuneration, social security and pensions | 62 | €41,958 | €50,018 | +€8,060 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,690 | €15,636 | -€10,054 | -39.1% |
| Other operating charges | 640/8 | €1,791 | €1,600 | -€191 | -10.7% |
| Gross operating margin | 9900 | €89,705 | €79,943 | -€9,762 | -10.9% |
| Operating profit (loss) | 9901 | €20,266 | €12,689 | -€7,577 | -37.4% |
| Financial income | 75/76B | €709 | €626 | -€83 | -11.7% |
| Recurring financial income | 75 | €620 | €626 | +€6 | +1.0% |
| Non-recurring financial income | 76B | €89 | - | -€89 | |
| Financial charges | 65/66B | €158 | €563 | +€405 | +256% |
| Recurring financial charges | 65 | €158 | €563 | +€405 | +256% |
| Profit (loss) for the period before taxes | 9903 | €20,817 | €12,752 | -€8,065 | -38.7% |
| Income taxes | 67/77 | €6,982 | €3,943 | -€3,039 | -43.5% |
| Profit (loss) for the period | 9904 | €13,835 | €8,809 | -€5,026 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,835 | €8,809 | -€5,026 | -36.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.