SEDEON: 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.
SEDEON
Largest movements
- Current investments +€112,193
up €112,193 (+50.4%), from €222,618 to €334,812
- Receivables within one year -€90,163
down €90,163 (-38.2%), from €235,922 to €145,759
- Deferred charges and accrued income +€20,347
up €20,347 (+316.4%), from €6,431 to €26,778
- Reserves +€25,000
up €25,000 (+6.5%), from €387,192 to €412,192
of which Distributable reserves: +€25,000
- Profit (loss) carried forward +€9,333
up €9,333 (+4.6%), from €203,234 to €212,567
- Staff costs -€32,144
down €32,144 (-86.8%), from €37,045 to €4,901
- Gross operating margin +€24,775
up €24,775 (+20.1%), from €123,237 to €148,011
- Taxes +€17,145
up €17,145 (+67.1%), from €25,555 to €42,700
- Financial income -€4,094
down €4,094 (-31.1%), from €13,180 to €9,085
- Financial charges -€1,919
down €1,919 (-35.2%), from €5,450 to €3,531
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 | €626,815 | €663,820 | +€37,004 | +5.9% |
| Fixed assets | 21/28 | €93,630 | €87,360 | -€6,271 | -6.7% |
| Tangible fixed assets | 22/27 | €93,630 | €87,360 | -€6,271 | -6.7% |
| Land and buildings | 22 | €88,942 | €80,846 | -€8,096 | -9.1% |
| Furniture and vehicles | 24 | €4,688 | €6,514 | +€1,826 | +38.9% |
| Current assets | 29/58 | €533,185 | €576,460 | +€43,275 | +8.1% |
| Amounts receivable within one year | 40/41 | €235,922 | €145,759 | -€90,163 | -38.2% |
| Other amounts receivable | 41 | €235,922 | €145,759 | -€90,163 | -38.2% |
| Current investments | 50/53 | €222,618 | €334,812 | +€112,193 | +50.4% |
| Cash at bank and in hand | 54/58 | €68,214 | €69,111 | +€897 | +1.3% |
| Deferred charges and accrued income | 490/1 | €6,431 | €26,778 | +€20,347 | +316.4% |
| Total equity and liabilities | 10/49 | €626,815 | €663,820 | +€37,004 | +5.9% |
| Equity | 10/15 | €614,532 | €648,864 | +€34,333 | +5.6% |
| Contributions | 10/11 | €24,106 | €24,106 | = | 0.0% |
| Capital | 10 | €24,106 | - | -€24,106 | |
| Issued capital | 100 | €24,106 | - | -€24,106 | |
| Reserves | 13 | €387,192 | €412,192 | +€25,000 | +6.5% |
| Non-distributable reserves | 130/1 | €12,192 | €12,192 | = | 0.0% |
| Legal reserve | 130 | €12,192 | - | -€12,192 | |
| Reserves not available under the articles | 1311 | - | €12,192 | +€12,192 | |
| Distributable reserves | 133 | €375,000 | €400,000 | +€25,000 | +6.7% |
| Profit (loss) carried forward | 14 | €203,234 | €212,567 | +€9,333 | +4.6% |
| Amounts payable | 17/49 | €12,284 | €14,956 | +€2,672 | +21.8% |
| Amounts payable within one year | 42/48 | €12,284 | €14,956 | +€2,672 | +21.8% |
| Trade debts | 44 | €3,670 | €1,497 | -€2,174 | -59.2% |
| Suppliers | 440/4 | €3,670 | €1,497 | -€2,174 | -59.2% |
| Taxes, remuneration and social security | 45 | €8,613 | €11,839 | +€3,225 | +37.4% |
| Taxes | 450/3 | €5,000 | €11,839 | +€6,839 | +136.8% |
| Remuneration and social security | 454/9 | €3,613 | - | -€3,613 | |
| Other amounts payable | 47/48 | - | €1,620 | +€1,620 | |
| Remuneration, social security and pensions | 62 | €37,045 | €4,901 | -€32,144 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,200 | €11,914 | +€714 | +6.4% |
| Other operating charges | 640/8 | €4,594 | €4,719 | +€124 | +2.7% |
| Gross operating margin | 9900 | €123,237 | €148,011 | +€24,775 | +20.1% |
| Operating profit (loss) | 9901 | €70,398 | €126,478 | +€56,080 | +79.7% |
| Financial income | 75/76B | €13,180 | €9,085 | -€4,094 | -31.1% |
| Recurring financial income | 75 | €13,180 | €9,085 | -€4,094 | -31.1% |
| Financial charges | 65/66B | €5,450 | €3,531 | -€1,919 | -35.2% |
| Recurring financial charges | 65 | €5,450 | €3,531 | -€1,919 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €78,127 | €132,032 | +€53,905 | +69.0% |
| Income taxes | 67/77 | €25,555 | €42,700 | +€17,145 | +67.1% |
| Profit (loss) for the period | 9904 | €52,573 | €89,333 | +€36,760 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,573 | €89,333 | +€36,760 | +69.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.