SEDICI: 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.
SEDICI
Largest movements
- Intangible fixed assets +€25,040
new in 2024: €25,040
- Deferred charges and accrued income -€23,196
down €23,196 (-84.1%), from €27,566 to €4,371
- Financial fixed assets -€23,175
down €23,175 (-63.8%), from €36,300 to €13,125
- Receivables within one year +€19,491
up €19,491 (+106%), from €18,324 to €37,815
of which Trade receivables: +€15,652
- Tangible fixed assets +€14,283
new in 2024: €14,283
of which Furniture and vehicles: +€7,902
- Tax, wage and social debts +€15,590
up €15,590 (+178%), from €8,778 to €24,368
- Profit (loss) carried forward -€6,825
down €6,825 (-37.8%), from €18,061 to €11,237
- Trade debts -€4,198
down €4,198 (-92.3%), from €4,547 to €349
- Debts after one year +€3,750
new in 2024: €3,750
- Other debts +€2,013
up €2,013 (+1,342%), from €150 to €2,163
- Gross operating margin +€40,710
up €40,710 (+482%), from €8,439 to €49,148
- Other operating charges +€37,127
up €37,127 (+9,657%), from €384 to €37,512
- Depreciation +€7,735
new in 2024: €7,735
- Taxes +€7,165
up €7,165 (+241%), from €2,979 to €10,144
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,536 | €96,866 | +€10,330 | +11.9% |
| Fixed assets | 21/28 | €36,300 | €52,448 | +€16,148 | +44.5% |
| Intangible fixed assets | 21 | - | €25,040 | +€25,040 | |
| Tangible fixed assets | 22/27 | - | €14,283 | +€14,283 | |
| Furniture and vehicles | 24 | - | €7,902 | +€7,902 | |
| Other tangible fixed assets | 26 | - | €6,380 | +€6,380 | |
| Financial fixed assets | 28 | €36,300 | €13,125 | -€23,175 | -63.8% |
| Current assets | 29/58 | €50,236 | €44,418 | -€5,818 | -11.6% |
| Amounts receivable within one year | 40/41 | €18,324 | €37,815 | +€19,491 | +106% |
| Trade receivables | 40 | - | €15,652 | +€15,652 | |
| Other amounts receivable | 41 | €18,324 | €22,164 | +€3,840 | +21.0% |
| Cash at bank and in hand | 54/58 | €4,345 | €2,232 | -€2,114 | -48.6% |
| Deferred charges and accrued income | 490/1 | €27,566 | €4,371 | -€23,196 | -84.1% |
| Total equity and liabilities | 10/49 | €86,536 | €96,866 | +€10,330 | +11.9% |
| Equity | 10/15 | €73,061 | €66,237 | -€6,825 | -9.3% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,061 | €11,237 | -€6,825 | -37.8% |
| Amounts payable | 17/49 | €13,475 | €30,629 | +€17,154 | +127% |
| Amounts payable after more than one year | 17 | - | €3,750 | +€3,750 | |
| Other amounts payable | 178/9 | - | €3,750 | +€3,750 | |
| Amounts payable within one year | 42/48 | €13,475 | €26,879 | +€13,404 | +99.5% |
| Trade debts | 44 | €4,547 | €349 | -€4,198 | -92.3% |
| Suppliers | 440/4 | €4,547 | €349 | -€4,198 | -92.3% |
| Taxes, remuneration and social security | 45 | €8,778 | €24,368 | +€15,590 | +178% |
| Taxes | 450/3 | €8,778 | €24,368 | +€15,590 | +178% |
| Other amounts payable | 47/48 | €150 | €2,163 | +€2,013 | +1,342% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,735 | +€7,735 | |
| Other operating charges | 640/8 | €384 | €37,512 | +€37,127 | +9,657% |
| Gross operating margin | 9900 | €8,439 | €49,148 | +€40,710 | +482% |
| Operating profit (loss) | 9901 | €8,054 | €3,901 | -€4,153 | -51.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €255 | €585 | +€330 | +130% |
| Recurring financial charges | 65 | €255 | €585 | +€330 | +130% |
| Profit (loss) for the period before taxes | 9903 | €7,800 | €3,319 | -€4,480 | -57.4% |
| Income taxes | 67/77 | €2,979 | €10,144 | +€7,165 | +241% |
| Profit (loss) for the period | 9904 | €4,821 | -€6,825 | -€11,646 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,821 | -€6,825 | -€11,646 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.