SEDIMENT: 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.
SEDIMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Current portion of long-term debt -€2,381
no longer reported in 2025 (was €2,381)
- Gross operating margin -€41,808
down €41,808, from €40,486 to -€1,321
- Staff costs -€7,220
down €7,220, from €7,057 to -€163
- Financial charges -€4,286
down €4,286 (-98.9%), from €4,334 to €48
- Write-downs -€4,000
no longer reported in 2025 (was €4,000)
- Taxes -€3,778
down €3,778 (-100.0%), from €3,778 to €0
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,069 | €201,870 | -€199 | -0.1% |
| Fixed assets | 21/28 | €200,798 | €200,798 | = | 0.0% |
| Financial fixed assets | 28 | €200,798 | €200,798 | = | 0.0% |
| Current assets | 29/58 | €1,271 | €1,072 | -€199 | -15.6% |
| Amounts receivable within one year | 40/41 | €1,271 | €477 | -€794 | -62.5% |
| Other amounts receivable | 41 | €1,271 | €477 | -€794 | -62.5% |
| Cash at bank and in hand | 54/58 | - | €394 | +€394 | |
| Deferred charges and accrued income | 490/1 | - | €202 | +€202 | |
| Total equity and liabilities | 10/49 | €202,069 | €201,870 | -€199 | -0.1% |
| Equity | 10/15 | €52,029 | €53,610 | +€1,582 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,829 | €47,410 | +€1,582 | +3.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €43,974 | €45,555 | +€1,582 | +3.6% |
| Amounts payable | 17/49 | €150,041 | €148,260 | -€1,780 | -1.2% |
| Amounts payable within one year | 42/48 | €150,041 | €148,260 | -€1,780 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €2,381 | - | -€2,381 | |
| Trade debts | 44 | €485 | €2,425 | +€1,940 | +400.0% |
| Suppliers | 440/4 | €485 | €2,425 | +€1,940 | +400.0% |
| Taxes, remuneration and social security | 45 | €5,431 | €4,092 | -€1,340 | -24.7% |
| Taxes | 450/3 | €5,431 | €4,092 | -€1,340 | -24.7% |
| Other amounts payable | 47/48 | €141,743 | €141,743 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €7,057 | -€163 | -€7,220 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,000 | - | -€4,000 | |
| Other operating charges | 640/8 | €1,004 | €515 | -€489 | -48.7% |
| Gross operating margin | 9900 | €40,486 | -€1,321 | -€41,808 | |
| Operating profit (loss) | 9901 | €28,426 | -€1,673 | -€30,099 | |
| Financial income | 75/76B | €215 | €27 | -€188 | -87.6% |
| Recurring financial income | 75 | €215 | €27 | -€188 | -87.6% |
| Financial charges | 65/66B | €4,334 | €48 | -€4,286 | -98.9% |
| Recurring financial charges | 65 | €4,334 | €48 | -€4,286 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €24,307 | -€1,695 | -€26,002 | |
| Income taxes | 67/77 | €3,778 | €0 | -€3,778 | -100.0% |
| Profit (loss) for the period | 9904 | €20,528 | -€1,695 | -€22,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,528 | -€1,695 | -€22,223 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.