SEDIQI: 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.
SEDIQI
Largest movements
- Receivables within one year +€46,677
up €46,677 (+1187.1%), from €3,932 to €50,609
of which Trade receivables: +€48,059
- Intangible fixed assets -€1,000
down €1,000 (-16.7%), from €6,000 to €5,000
- Cash +€933
up €933 (+1655.0%), from €56 to €990
mainly Advances received (+€32,622) and Net result for the year (+€10,649)
- Advances received +€32,622
new in 2025: €32,622
- Profit (loss) carried forward +€10,649
up €10,649, from -€8,035 to €2,614
- Trade debts +€9,657
up €9,657 (+92.4%), from €10,454 to €20,111
- Tax, wage and social debts -€4,558
down €4,558 (-73.5%), from €6,201 to €1,643
of which Taxes: -€5,998
- Other debts -€1,675
down €1,675 (-35.2%), from €4,754 to €3,078
- Purchases and services -€88,302
no longer reported in 2025 (was €88,302)
- Turnover -€81,496
no longer reported in 2025 (was €81,496)
- Gross operating margin +€7,421
up €7,421 (+176.6%), from €4,202 to €11,623
- Other operating charges -€2,305
no longer reported in 2025 (was €2,305)
- Financial income -€1,453
down €1,453 (-75.6%), from €1,921 to €469
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 | €17,388 | €64,068 | +€46,681 | +268.5% |
| Fixed assets | 21/28 | €8,290 | €6,970 | -€1,320 | -15.9% |
| Intangible fixed assets | 21 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Tangible fixed assets | 22/27 | €320 | €0 | -€320 | -100.0% |
| Plant, machinery and equipment | 23 | €320 | €0 | -€320 | -100.0% |
| Financial fixed assets | 28 | €1,970 | €1,970 | = | 0.0% |
| Current assets | 29/58 | €9,098 | €57,098 | +€48,000 | +527.6% |
| Stocks and contracts in progress | 3 | €5,110 | €5,500 | +€390 | +7.6% |
| Stocks | 30/36 | €5,110 | €5,500 | +€390 | +7.6% |
| Amounts receivable within one year | 40/41 | €3,932 | €50,609 | +€46,677 | +1187.1% |
| Trade receivables | 40 | €2,550 | €50,609 | +€48,059 | +1884.5% |
| Other amounts receivable | 41 | €1,382 | - | -€1,382 | |
| Cash at bank and in hand | 54/58 | €56 | €990 | +€933 | +1655.0% |
| Total equity and liabilities | 10/49 | €17,388 | €64,068 | +€46,681 | +268.5% |
| Equity | 10/15 | -€4,035 | €6,614 | +€10,649 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,035 | €2,614 | +€10,649 | |
| Amounts payable | 17/49 | €21,423 | €57,454 | +€36,032 | +168.2% |
| Amounts payable within one year | 42/48 | €21,423 | €57,454 | +€36,032 | +168.2% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €10,454 | €20,111 | +€9,657 | +92.4% |
| Suppliers | 440/4 | €10,454 | €20,111 | +€9,657 | +92.4% |
| Advances received on contracts in progress | 46 | - | €32,622 | +€32,622 | |
| Taxes, remuneration and social security | 45 | €6,201 | €1,643 | -€4,558 | -73.5% |
| Taxes | 450/3 | €6,201 | €203 | -€5,998 | -96.7% |
| Remuneration and social security | 454/9 | - | €1,440 | +€1,440 | |
| Other amounts payable | 47/48 | €4,754 | €3,078 | -€1,675 | -35.2% |
| Turnover | 70 | €81,496 | - | -€81,496 | |
| Non-recurring operating income | 76A | €11,008 | - | -€11,008 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,302 | - | -€88,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,320 | €1,320 | = | 0.0% |
| Other operating charges | 640/8 | €2,305 | - | -€2,305 | |
| Gross operating margin | 9900 | €4,202 | €11,623 | +€7,421 | +176.6% |
| Operating profit (loss) | 9901 | €577 | €10,304 | +€9,726 | +1684.7% |
| Financial income | 75/76B | €1,921 | €469 | -€1,453 | -75.6% |
| Recurring financial income | 75 | €1,921 | €469 | -€1,453 | -75.6% |
| Financial charges | 65/66B | €1,435 | €123 | -€1,312 | -91.4% |
| Recurring financial charges | 65 | €1,435 | €123 | -€1,312 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €1,064 | €10,649 | +€9,585 | +901.2% |
| Profit (loss) for the period | 9904 | €1,064 | €10,649 | +€9,585 | +901.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,064 | €10,649 | +€9,585 | +901.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.