Sedemo: 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.
Sedemo
Largest movements
- Cash +€43,726
up €43,726 (+48.1%), from €90,882 to €134,609
mainly Net result for the year (+€57,797) and Tax, wage and social debts (+€2,602)
- Receivables within one year +€16,125
up €16,125 (+54.0%), from €29,882 to €46,007
of which Other amounts receivable: +€15,544
- Profit (loss) carried forward +€57,797
up €57,797 (+59.8%), from €96,632 to €154,429
- Tax, wage and social debts +€2,602
up €2,602 (+12.3%), from €21,168 to €23,771
- Gross operating margin +€11,681
up €11,681 (+18.8%), from €62,083 to €73,765
- Taxes +€2,472
up €2,472 (+19.3%), from €12,825 to €15,298
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 | €122,342 | €184,420 | +€62,078 | +50.7% |
| Fixed assets | 21/28 | €560 | €1,475 | +€916 | +163.6% |
| Tangible fixed assets | 22/27 | €560 | €1,475 | +€916 | +163.6% |
| Furniture and vehicles | 24 | €560 | €1,475 | +€916 | +163.6% |
| Current assets | 29/58 | €121,783 | €182,945 | +€61,162 | +50.2% |
| Amounts receivable within one year | 40/41 | €29,882 | €46,007 | +€16,125 | +54.0% |
| Trade receivables | 40 | €16,012 | €16,592 | +€581 | +3.6% |
| Other amounts receivable | 41 | €13,870 | €29,415 | +€15,544 | +112.1% |
| Cash at bank and in hand | 54/58 | €90,882 | €134,609 | +€43,726 | +48.1% |
| Deferred charges and accrued income | 490/1 | €1,018 | €2,330 | +€1,311 | +128.7% |
| Total equity and liabilities | 10/49 | €122,342 | €184,420 | +€62,078 | +50.7% |
| Equity | 10/15 | €98,632 | €156,429 | +€57,797 | +58.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,632 | €154,429 | +€57,797 | +59.8% |
| Amounts payable | 17/49 | €23,710 | €27,991 | +€4,281 | +18.1% |
| Amounts payable within one year | 42/48 | €23,110 | €27,391 | +€4,281 | +18.5% |
| Trade debts | 44 | €1,942 | €3,620 | +€1,679 | +86.4% |
| Suppliers | 440/4 | €1,942 | €3,620 | +€1,679 | +86.4% |
| Taxes, remuneration and social security | 45 | €21,168 | €23,771 | +€2,602 | +12.3% |
| Taxes | 450/3 | €21,168 | €23,771 | +€2,602 | +12.3% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | €361 | +€285 | +376.2% |
| Other operating charges | 640/8 | €1,155 | €468 | -€687 | -59.5% |
| Gross operating margin | 9900 | €62,083 | €73,765 | +€11,681 | +18.8% |
| Operating profit (loss) | 9901 | €60,853 | €72,935 | +€12,083 | +19.9% |
| Financial income | 75/76B | €714 | €1,254 | +€540 | +75.6% |
| Recurring financial income | 75 | €714 | €1,254 | +€540 | +75.6% |
| Financial charges | 65/66B | €1,362 | €1,095 | -€268 | -19.6% |
| Recurring financial charges | 65 | €1,362 | €1,095 | -€268 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €60,205 | €73,095 | +€12,890 | +21.4% |
| Income taxes | 67/77 | €12,825 | €15,298 | +€2,472 | +19.3% |
| Profit (loss) for the period | 9904 | €47,379 | €57,797 | +€10,418 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,379 | €57,797 | +€10,418 | +22.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.