SEDECON: 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.
SEDECON
Largest movements
- Cash -€7,067
down €7,067 (-81.5%), from €8,668 to €1,602
mainly Receivables within one year (-€6,553) and Net result for the year (-€4,505)
- Receivables within one year +€6,553
up €6,553 (+35.3%), from €18,564 to €25,117
of which Trade receivables: +€5,948
- Deferred charges and accrued income -€1,075
no longer reported in 2025 (was €1,075)
- Profit (loss) carried forward -€4,505
down €4,505 (-71.0%), from €6,346 to €1,841
- Other debts +€2,430
up €2,430 (+36.1%), from €6,737 to €9,168
- Trade debts +€1,391
up €1,391 (+11.3%), from €12,320 to €13,710
- Tax, wage and social debts -€904
no longer reported in 2025 (was €904)
- Turnover -€65,780
no longer reported in 2025 (was €65,780)
- Purchases and services -€55,874
no longer reported in 2025 (was €55,874)
- Gross operating margin -€13,215
down €13,215, from €9,906 to -€3,310
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 | €28,307 | €26,719 | -€1,588 | -5.6% |
| Current assets | 29/58 | €28,307 | €26,719 | -€1,588 | -5.6% |
| Amounts receivable within one year | 40/41 | €18,564 | €25,117 | +€6,553 | +35.3% |
| Trade receivables | 40 | €13,772 | €19,720 | +€5,948 | +43.2% |
| Other amounts receivable | 41 | €4,792 | €5,397 | +€605 | +12.6% |
| Cash at bank and in hand | 54/58 | €8,668 | €1,602 | -€7,067 | -81.5% |
| Deferred charges and accrued income | 490/1 | €1,075 | - | -€1,075 | |
| Total equity and liabilities | 10/49 | €28,307 | €26,719 | -€1,588 | -5.6% |
| Equity | 10/15 | €8,346 | €3,841 | -€4,505 | -54.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,346 | €1,841 | -€4,505 | -71.0% |
| Amounts payable | 17/49 | €19,961 | €22,878 | +€2,917 | +14.6% |
| Amounts payable within one year | 42/48 | €19,961 | €22,878 | +€2,917 | +14.6% |
| Trade debts | 44 | €12,320 | €13,710 | +€1,391 | +11.3% |
| Suppliers | 440/4 | €12,320 | €13,710 | +€1,391 | +11.3% |
| Taxes, remuneration and social security | 45 | €904 | - | -€904 | |
| Taxes | 450/3 | €904 | - | -€904 | |
| Other amounts payable | 47/48 | €6,737 | €9,168 | +€2,430 | +36.1% |
| Turnover | 70 | €65,780 | - | -€65,780 | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,874 | - | -€55,874 | |
| Other operating charges | 640/8 | €864 | €1,041 | +€177 | +20.5% |
| Gross operating margin | 9900 | €9,906 | -€3,310 | -€13,215 | |
| Operating profit (loss) | 9901 | €9,042 | -€4,351 | -€13,392 | |
| Financial charges | 65/66B | €204 | €155 | -€49 | -23.9% |
| Recurring financial charges | 65 | €204 | €155 | -€49 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €8,838 | -€4,505 | -€13,344 | |
| Profit (loss) for the period | 9904 | €8,838 | -€4,505 | -€13,344 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,838 | -€4,505 | -€13,344 |
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 7 October 2026 via checked.be.