SEDIBO: 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.
SEDIBO
Largest movements
- Tangible fixed assets +€31,563
up €31,563 (+101.2%), from €31,183 to €62,746
of which Furniture and vehicles: +€37,732
- Deferred charges and accrued income +€4,689
up €4,689 (+53.8%), from €8,719 to €13,409
- Receivables within one year -€4,481
down €4,481 (-2.8%), from €161,139 to €156,658
of which Trade receivables: -€6,581
- Debts after one year +€18,336
up €18,336 (+282.1%), from €6,500 to €24,836
- Reserves +€13,154
up €13,154 (+17.5%), from €75,341 to €88,495
of which Distributable reserves: +€13,154
- Tax, wage and social debts -€12,255
down €12,255 (-74.8%), from €16,388 to €4,133
- Trade debts +€7,707
up €7,707 (+48.1%), from €16,031 to €23,738
- Current portion of long-term debt +€4,699
up €4,699 (+117.5%), from €4,000 to €8,699
- Gross operating margin +€51,521
up €51,521, from -€4,212 to €47,309
- Financial charges +€4,455
up €4,455 (+257.2%), from €1,732 to €6,187
- Other operating charges +€4,266
up €4,266 (+55.8%), from €7,641 to €11,907
- Taxes +€4,060
up €4,060 (+3228.4%), from €126 to €4,186
- Depreciation +€3,705
up €3,705 (+23.3%), from €15,935 to €19,640
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 | €214,356 | €245,598 | +€31,242 | +14.6% |
| Fixed assets | 21/28 | €31,318 | €62,746 | +€31,428 | +100.4% |
| Tangible fixed assets | 22/27 | €31,183 | €62,746 | +€31,563 | +101.2% |
| Plant, machinery and equipment | 23 | €31,183 | €25,014 | -€6,169 | -19.8% |
| Furniture and vehicles | 24 | - | €37,732 | +€37,732 | |
| Financial fixed assets | 28 | €135 | - | -€135 | |
| Current assets | 29/58 | €183,038 | €182,852 | -€186 | -0.1% |
| Stocks and contracts in progress | 3 | €9,709 | €10,119 | +€410 | +4.2% |
| Contracts in progress | 37 | €9,709 | €10,119 | +€410 | +4.2% |
| Amounts receivable within one year | 40/41 | €161,139 | €156,658 | -€4,481 | -2.8% |
| Trade receivables | 40 | €22,349 | €15,769 | -€6,581 | -29.4% |
| Other amounts receivable | 41 | €138,790 | €140,889 | +€2,099 | +1.5% |
| Cash at bank and in hand | 54/58 | €3,471 | €2,667 | -€804 | -23.2% |
| Deferred charges and accrued income | 490/1 | €8,719 | €13,409 | +€4,689 | +53.8% |
| Total equity and liabilities | 10/49 | €214,356 | €245,598 | +€31,242 | +14.6% |
| Equity | 10/15 | €153,720 | €166,874 | +€13,154 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,341 | €88,495 | +€13,154 | +17.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,481 | €86,635 | +€13,154 | +17.9% |
| Profit (loss) carried forward | 14 | €59,779 | €59,779 | = | 0.0% |
| Amounts payable | 17/49 | €60,636 | €78,724 | +€18,088 | +29.8% |
| Amounts payable after more than one year | 17 | €6,500 | €24,836 | +€18,336 | +282.1% |
| Financial debts | 170/4 | €6,500 | €24,836 | +€18,336 | +282.1% |
| Amounts payable within one year | 42/48 | €54,136 | €53,888 | -€248 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €8,699 | +€4,699 | +117.5% |
| Financial debts | 43 | €17,717 | €17,318 | -€399 | -2.3% |
| Credit institutions | 430/8 | €17,717 | €17,318 | -€399 | -2.3% |
| Trade debts | 44 | €16,031 | €23,738 | +€7,707 | +48.1% |
| Suppliers | 440/4 | €16,031 | €23,738 | +€7,707 | +48.1% |
| Taxes, remuneration and social security | 45 | €16,388 | €4,133 | -€12,255 | -74.8% |
| Taxes | 450/3 | €16,388 | €4,133 | -€12,255 | -74.8% |
| Non-recurring operating income | 76A | - | €32,876 | +€32,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,935 | €19,640 | +€3,705 | +23.3% |
| Other operating charges | 640/8 | €7,641 | €11,907 | +€4,266 | +55.8% |
| Gross operating margin | 9900 | -€4,212 | €47,309 | +€51,521 | |
| Operating profit (loss) | 9901 | -€27,788 | €15,762 | +€43,550 | |
| Financial income | 75/76B | €6,850 | €7,766 | +€915 | +13.4% |
| Recurring financial income | 75 | €6,850 | €7,766 | +€915 | +13.4% |
| Financial charges | 65/66B | €1,732 | €6,187 | +€4,455 | +257.2% |
| Recurring financial charges | 65 | €1,732 | €6,187 | +€4,455 | +257.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,670 | €17,340 | +€40,010 | |
| Income taxes | 67/77 | €126 | €4,186 | +€4,060 | +3228.4% |
| Profit (loss) for the period | 9904 | -€22,796 | €13,154 | +€35,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,796 | €13,154 | +€35,950 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.