Sebuseruka Sabine: 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.
Sebuseruka Sabine
Largest movements
- Receivables within one year -€14,215
down €14,215 (-3.6%), from €389,985 to €375,771
of which Other amounts receivable: -€15,365
- Cash +€4,976
up €4,976 (+15.0%), from €33,135 to €38,111
mainly Net result for the year (+€60,483) and Provisions (+€46,876)
- Tangible fixed assets -€4,759
down €4,759 (-36.5%), from €13,026 to €8,267
of which Furniture and vehicles: -€3,974
- Profit (loss) carried forward -€74,517
down €74,517 (-29.2%), from €255,431 to €180,914
- Reserves +€60,000
up €60,000 (+52.5%), from €114,200 to €174,200
of which Distributable reserves: +€60,000
- Provisions +€46,876
new in 2025: €46,876
- Tax, wage and social debts -€35,416
down €35,416 (-84.5%), from €41,923 to €6,507
- Current portion of long-term debt -€9,561
down €9,561 (-78.8%), from €12,134 to €2,573
- Provisions +€46,876
new in 2025: €46,876
- Taxes -€16,004
down €16,004 (-47.7%), from €33,537 to €17,532
- Gross operating margin +€10,340
up €10,340 (+10.9%), from €94,973 to €105,313
- Financial income +€5,145
up €5,145 (+23.9%), from €21,549 to €26,694
- Depreciation +€3,864
up €3,864 (+432%), from €895 to €4,759
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 | €436,146 | €423,943 | -€12,203 | -2.8% |
| Fixed assets | 21/28 | €13,026 | €8,267 | -€4,759 | -36.5% |
| Tangible fixed assets | 22/27 | €13,026 | €8,267 | -€4,759 | -36.5% |
| Plant, machinery and equipment | 23 | €1,420 | €634 | -€786 | -55.3% |
| Furniture and vehicles | 24 | €11,606 | €7,632 | -€3,974 | -34.2% |
| Current assets | 29/58 | €423,120 | €415,676 | -€7,444 | -1.8% |
| Amounts receivable within one year | 40/41 | €389,985 | €375,771 | -€14,215 | -3.6% |
| Trade receivables | 40 | - | €1,150 | +€1,150 | |
| Other amounts receivable | 41 | €389,985 | €374,621 | -€15,365 | -3.9% |
| Cash at bank and in hand | 54/58 | €33,135 | €38,111 | +€4,976 | +15.0% |
| Deferred charges and accrued income | 490/1 | - | €1,794 | +€1,794 | |
| Total equity and liabilities | 10/49 | €436,146 | €423,943 | -€12,203 | -2.8% |
| Equity | 10/15 | €382,032 | €367,515 | -€14,517 | -3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €114,200 | €174,200 | +€60,000 | +52.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €112,345 | €172,345 | +€60,000 | +53.4% |
| Profit (loss) carried forward | 14 | €255,431 | €180,914 | -€74,517 | -29.2% |
| Provisions and deferred taxes | 16 | - | €46,876 | +€46,876 | |
| Provisions for liabilities and charges | 160/5 | - | €46,876 | +€46,876 | |
| Other liabilities and charges | 164/5 | - | €46,876 | +€46,876 | |
| Amounts payable | 17/49 | €54,115 | €9,552 | -€44,563 | -82.3% |
| Amounts payable within one year | 42/48 | €54,115 | €9,552 | -€44,563 | -82.3% |
| Current portion of amounts payable after more than one year | 42 | €12,134 | €2,573 | -€9,561 | -78.8% |
| Trade debts | 44 | €57 | €472 | +€415 | +729% |
| Suppliers | 440/4 | €57 | €472 | +€415 | +729% |
| Taxes, remuneration and social security | 45 | €41,923 | €6,507 | -€35,416 | -84.5% |
| Taxes | 450/3 | €41,923 | €6,507 | -€35,416 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €895 | €4,759 | +€3,864 | +432% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €46,876 | +€46,876 | |
| Other operating charges | 640/8 | €1,200 | €1,296 | +€96 | +8.0% |
| Gross operating margin | 9900 | €94,973 | €105,313 | +€10,340 | +10.9% |
| Operating profit (loss) | 9901 | €92,877 | €52,381 | -€40,496 | -43.6% |
| Financial income | 75/76B | €21,549 | €26,694 | +€5,145 | +23.9% |
| Recurring financial income | 75 | €21,549 | €26,694 | +€5,145 | +23.9% |
| Financial charges | 65/66B | €3,026 | €1,060 | -€1,966 | -65.0% |
| Recurring financial charges | 65 | €3,026 | €1,060 | -€1,966 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €111,401 | €78,015 | -€33,385 | -30.0% |
| Income taxes | 67/77 | €33,537 | €17,532 | -€16,004 | -47.7% |
| Profit (loss) for the period | 9904 | €77,864 | €60,483 | -€17,381 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,864 | €60,483 | -€17,381 | -22.3% |
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 31 October 2026 via checked.be.