SEDIGRO: 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.
SEDIGRO
Largest movements
- Receivables within one year +€40,559
up €40,559 (+24.0%), from €168,775 to €209,334
of which Trade receivables: +€36,382
- Tangible fixed assets -€32,232
down €32,232 (-5.0%), from €646,976 to €614,744
- Profit (loss) carried forward +€23,689
up €23,689 (+68.6%), from €34,531 to €58,220
- Debts after one year -€20,967
down €20,967 (-3.9%), from €531,957 to €510,991
- Gross operating margin +€7,287
up €7,287 (+9.2%), from €79,234 to €86,521
- Taxes +€2,837
up €2,837 (+49.0%), from €5,786 to €8,624
- Other operating charges -€2,165
down €2,165 (-25.4%), from €8,521 to €6,356
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 | €872,307 | €879,622 | +€7,315 | +0.8% |
| Fixed assets | 21/28 | €646,976 | €614,744 | -€32,232 | -5.0% |
| Tangible fixed assets | 22/27 | €646,976 | €614,744 | -€32,232 | -5.0% |
| Land and buildings | 22 | €646,976 | €614,744 | -€32,232 | -5.0% |
| Current assets | 29/58 | €225,332 | €264,879 | +€39,547 | +17.6% |
| Stocks and contracts in progress | 3 | €44,189 | €44,189 | = | 0.0% |
| Stocks | 30/36 | €44,189 | €44,189 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168,775 | €209,334 | +€40,559 | +24.0% |
| Trade receivables | 40 | €103,928 | €140,310 | +€36,382 | +35.0% |
| Other amounts receivable | 41 | €64,847 | €69,025 | +€4,177 | +6.4% |
| Cash at bank and in hand | 54/58 | €11,958 | €10,255 | -€1,702 | -14.2% |
| Deferred charges and accrued income | 490/1 | €410 | €1,100 | +€690 | +168.5% |
| Total equity and liabilities | 10/49 | €872,307 | €879,622 | +€7,315 | +0.8% |
| Equity | 10/15 | €218,610 | €242,299 | +€23,689 | +10.8% |
| Contributions | 10/11 | €116,992 | €116,992 | = | 0.0% |
| Capital | 10 | €116,992 | €116,992 | = | 0.0% |
| Issued capital | 100 | €116,992 | €116,992 | = | 0.0% |
| Reserves | 13 | €67,087 | €67,087 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,699 | €11,699 | = | 0.0% |
| Legal reserve | 130 | €11,699 | €11,699 | = | 0.0% |
| Distributable reserves | 133 | €55,387 | €55,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,531 | €58,220 | +€23,689 | +68.6% |
| Amounts payable | 17/49 | €653,698 | €637,323 | -€16,374 | -2.5% |
| Amounts payable after more than one year | 17 | €531,957 | €510,991 | -€20,967 | -3.9% |
| Financial debts | 170/4 | €531,957 | €510,991 | -€20,967 | -3.9% |
| Amounts payable within one year | 42/48 | €111,177 | €114,741 | +€3,563 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €20,189 | €20,967 | +€777 | +3.9% |
| Trade debts | 44 | €10,664 | €5,858 | -€4,807 | -45.1% |
| Suppliers | 440/4 | €10,664 | €5,858 | -€4,807 | -45.1% |
| Taxes, remuneration and social security | 45 | €8,879 | €10,229 | +€1,351 | +15.2% |
| Taxes | 450/3 | €8,879 | €10,229 | +€1,351 | +15.2% |
| Other amounts payable | 47/48 | €71,445 | €77,687 | +€6,242 | +8.7% |
| Accrued charges and deferred income | 492/3 | €10,563 | €11,592 | +€1,029 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,408 | €32,232 | -€176 | -0.5% |
| Other operating charges | 640/8 | €8,521 | €6,356 | -€2,165 | -25.4% |
| Gross operating margin | 9900 | €79,234 | €86,521 | +€7,287 | +9.2% |
| Operating profit (loss) | 9901 | €38,305 | €47,933 | +€9,628 | +25.1% |
| Financial income | 75/76B | €4,394 | €4,478 | +€84 | +1.9% |
| Recurring financial income | 75 | €4,394 | €4,478 | +€84 | +1.9% |
| Financial charges | 65/66B | €20,920 | €20,098 | -€822 | -3.9% |
| Recurring financial charges | 65 | €20,920 | €20,098 | -€822 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €21,779 | €32,313 | +€10,534 | +48.4% |
| Income taxes | 67/77 | €5,786 | €8,624 | +€2,837 | +49.0% |
| Profit (loss) for the period | 9904 | €15,993 | €23,689 | +€7,696 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,993 | €23,689 | +€7,696 | +48.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.