SEDLEX CONSEILS: 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.
SEDLEX CONSEILS
Largest movements
- Cash +€10,818
up €10,818 (+248%), from €4,371 to €15,188
mainly Net result for the year (+€16,167) and Trade debts (+€11,223)
- Receivables within one year -€7,267
down €7,267 (-13.1%), from €55,332 to €48,065
of which Trade receivables: -€7,267
- Tangible fixed assets +€1,039
up €1,039 (+108%), from €964 to €2,003
- Profit (loss) carried forward +€16,167
up €16,167 (+27.3%), from -€59,278 to -€43,111
- Debts after one year -€13,183
down €13,183 (-15.3%), from €86,123 to €72,940
of which Trade debts: -€13,183
- Trade debts +€11,223
new in 2025: €11,223
- Tax, wage and social debts -€9,617
down €9,617 (-64.3%), from €14,956 to €5,339
of which Remuneration and social security: -€12,994
- Turnover +€69,608
new in 2025: €69,608
- Purchases and services +€22,674
new in 2025: €22,674
- Gross operating margin +€20,792
up €20,792 (+79.5%), from €26,143 to €46,934
- Financial income -€9,000
no longer reported in 2025 (was €9,000)
of which Financial income: -€9,000
- Staff costs -€5,027
down €5,027 (-13.8%), from €36,312 to €31,285
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.
Derived cash bridge
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 | €60,667 | €65,257 | +€4,590 | +7.6% |
| Fixed assets | 21/28 | €964 | €2,003 | +€1,039 | +108% |
| Tangible fixed assets | 22/27 | €964 | €2,003 | +€1,039 | +108% |
| Furniture and vehicles | 24 | €964 | €2,003 | +€1,039 | +108% |
| Current assets | 29/58 | €59,703 | €63,253 | +€3,551 | +5.9% |
| Amounts receivable within one year | 40/41 | €55,332 | €48,065 | -€7,267 | -13.1% |
| Trade receivables | 40 | €42,267 | €35,000 | -€7,267 | -17.2% |
| Other amounts receivable | 41 | €13,065 | €13,065 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,371 | €15,188 | +€10,818 | +248% |
| Total equity and liabilities | 10/49 | €60,667 | €65,257 | +€4,590 | +7.6% |
| Equity | 10/15 | -€40,413 | -€24,246 | +€16,167 | +40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €266 | €266 | = | 0.0% |
| Non-distributable reserves | 130/1 | €266 | €266 | = | 0.0% |
| Reserves not available under the articles | 1311 | €266 | €266 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,278 | -€43,111 | +€16,167 | +27.3% |
| Amounts payable | 17/49 | €101,079 | €89,502 | -€11,577 | -11.5% |
| Amounts payable after more than one year | 17 | €86,123 | €72,940 | -€13,183 | -15.3% |
| Financial debts | 170/4 | €72,940 | €72,940 | = | 0.0% |
| Trade debts | 175 | €13,183 | - | -€13,183 | |
| Amounts payable within one year | 42/48 | €14,956 | €16,562 | +€1,606 | +10.7% |
| Trade debts | 44 | - | €11,223 | +€11,223 | |
| Suppliers | 440/4 | - | €11,223 | +€11,223 | |
| Taxes, remuneration and social security | 45 | €14,956 | €5,339 | -€9,617 | -64.3% |
| Taxes | 450/3 | €568 | €3,946 | +€3,377 | +594% |
| Remuneration and social security | 454/9 | €14,388 | €1,394 | -€12,994 | -90.3% |
| Turnover | 70 | - | €69,608 | +€69,608 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €22,674 | +€22,674 | |
| Remuneration, social security and pensions | 62 | €36,312 | €31,285 | -€5,027 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | €448 | +€126 | +39.3% |
| Other operating charges | 640/8 | €2,244 | €1,532 | -€712 | -31.7% |
| Gross operating margin | 9900 | €26,143 | €46,934 | +€20,792 | +79.5% |
| Operating profit (loss) | 9901 | -€12,734 | €13,670 | +€26,404 | |
| Financial income | 75/76B | €9,000 | - | -€9,000 | |
| Recurring financial income | 75 | €9,000 | - | -€9,000 | |
| Non-recurring financial income | 76B | €9,000 | - | -€9,000 | |
| Financial charges | 65/66B | €573 | €2,032 | +€1,459 | +255% |
| Recurring financial charges | 65 | €573 | €1,888 | +€1,315 | +230% |
| Non-recurring financial charges | 66B | - | €144 | +€144 | |
| Profit (loss) for the period before taxes | 9903 | -€4,307 | €11,638 | +€15,945 | |
| Income taxes | 67/77 | - | -€4,529 | -€4,529 | |
| Profit (loss) for the period | 9904 | -€4,307 | €16,167 | +€20,474 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,307 | €16,167 | +€20,474 |
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 15 October 2026 via checked.be.