SEDATED CELLS: 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.
SEDATED CELLS
Largest movements
- Receivables within one year +€86,152
new in 2025: €86,152
- Cash +€44,810
up €44,810 (+285.2%), from €15,713 to €60,523
mainly Net result for the year (+€128,411) and Deferred charges and accrued income (+€15,335)
- Deferred charges and accrued income -€15,335
down €15,335 (-78.8%), from €19,465 to €4,130
- Tangible fixed assets +€2,159
up €2,159 (+95.1%), from €2,271 to €4,430
- Reserves +€128,411
up €128,411 (+654.8%), from €19,610 to €148,021
- Tax, wage and social debts -€8,005
down €8,005 (-71.9%), from €11,130 to €3,125
- Gross operating margin +€138,281
up €138,281 (+483.7%), from €28,586 to €166,867
- Taxes +€29,220
up €29,220 (+365.0%), from €8,005 to €37,225
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 | €37,449 | €155,235 | +€117,786 | +314.5% |
| Fixed assets | 21/28 | €2,271 | €4,430 | +€2,159 | +95.1% |
| Tangible fixed assets | 22/27 | €2,271 | €4,430 | +€2,159 | +95.1% |
| Furniture and vehicles | 24 | €2,271 | €4,430 | +€2,159 | +95.1% |
| Current assets | 29/58 | €35,178 | €150,805 | +€115,627 | +328.7% |
| Amounts receivable within one year | 40/41 | - | €86,152 | +€86,152 | |
| Other amounts receivable | 41 | - | €86,152 | +€86,152 | |
| Cash at bank and in hand | 54/58 | €15,713 | €60,523 | +€44,810 | +285.2% |
| Deferred charges and accrued income | 490/1 | €19,465 | €4,130 | -€15,335 | -78.8% |
| Total equity and liabilities | 10/49 | €37,449 | €155,235 | +€117,786 | +314.5% |
| Equity | 10/15 | €22,610 | €151,021 | +€128,411 | +567.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,610 | €148,021 | +€128,411 | +654.8% |
| Distributable reserves | 133 | €19,610 | €148,021 | +€128,411 | +654.8% |
| Amounts payable | 17/49 | €14,839 | €4,214 | -€10,625 | -71.6% |
| Amounts payable within one year | 42/48 | €14,839 | €4,214 | -€10,625 | -71.6% |
| Trade debts | 44 | €2,550 | €1,089 | -€1,461 | -57.3% |
| Suppliers | 440/4 | €2,550 | €1,089 | -€1,461 | -57.3% |
| Taxes, remuneration and social security | 45 | €11,130 | €3,125 | -€8,005 | -71.9% |
| Taxes | 450/3 | €11,130 | €3,125 | -€8,005 | -71.9% |
| Other amounts payable | 47/48 | €1,159 | - | -€1,159 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €1,239 | +€979 | +376.2% |
| Other operating charges | 640/8 | €684 | €567 | -€117 | -17.2% |
| Gross operating margin | 9900 | €28,586 | €166,867 | +€138,281 | +483.7% |
| Operating profit (loss) | 9901 | €27,642 | €165,062 | +€137,420 | +497.1% |
| Financial income | 75/76B | - | €670 | +€670 | |
| Recurring financial income | 75 | - | €670 | +€670 | |
| Financial charges | 65/66B | €28 | €97 | +€69 | +250.4% |
| Recurring financial charges | 65 | €28 | €97 | +€69 | +250.4% |
| Profit (loss) for the period before taxes | 9903 | €27,615 | €165,636 | +€138,021 | +499.8% |
| Income taxes | 67/77 | €8,005 | €37,225 | +€29,220 | +365.0% |
| Profit (loss) for the period | 9904 | €19,610 | €128,411 | +€108,801 | +554.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,610 | €128,411 | +€108,801 | +554.8% |
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 10 October 2026 via checked.be.