SEDYS: 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.
SEDYS
Largest movements
- Receivables within one year -€28,485
down €28,485 (-41.9%), from €68,032 to €39,547
of which Trade receivables: -€30,318
- Cash -€6,720
down €6,720 (-95.4%), from €7,044 to €324
mainly Other debts (-€25,483) and Net result for the year (-€9,409)
- Tangible fixed assets -€6,150
no longer reported in 2025 (was €6,150)
- Other debts -€25,483
down €25,483 (-45.7%), from €55,777 to €30,294
- Profit (loss) carried forward -€9,409
down €9,409 (-111.8%), from -€8,417 to -€17,826
- Tax, wage and social debts -€7,279
down €7,279 (-56.5%), from €12,877 to €5,598
of which Remuneration and social security: -€6,840
- Trade debts +€3,056
up €3,056 (+436.0%), from €701 to €3,756
- Short-term financial debts -€1,238
no longer reported in 2025 (was €1,238)
- Turnover -€85,597
down €85,597 (-72.7%), from €117,703 to €32,106
- Purchases and services -€55,344
down €55,344 (-56.9%), from €97,271 to €41,927
- Gross operating margin -€26,157
down €26,157, from €20,432 to -€5,726
- Taxes -€3,016
down €3,016 (-56.0%), from €5,382 to €2,366
- Other operating charges -€1,223
down €1,223 (-52.5%), from €2,328 to €1,105
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 | €81,776 | €40,421 | -€41,355 | -50.6% |
| Fixed assets | 21/28 | €6,700 | €550 | -€6,150 | -91.8% |
| Tangible fixed assets | 22/27 | €6,150 | - | -€6,150 | |
| Furniture and vehicles | 24 | €6,150 | - | -€6,150 | |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €75,076 | €39,871 | -€35,205 | -46.9% |
| Amounts receivable within one year | 40/41 | €68,032 | €39,547 | -€28,485 | -41.9% |
| Trade receivables | 40 | €68,032 | €37,714 | -€30,318 | -44.6% |
| Other amounts receivable | 41 | - | €1,834 | +€1,834 | |
| Cash at bank and in hand | 54/58 | €7,044 | €324 | -€6,720 | -95.4% |
| Total equity and liabilities | 10/49 | €81,776 | €40,421 | -€41,355 | -50.6% |
| Equity | 10/15 | €10,183 | €774 | -€9,409 | -92.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,417 | -€17,826 | -€9,409 | -111.8% |
| Amounts payable | 17/49 | €71,593 | €39,648 | -€31,945 | -44.6% |
| Amounts payable within one year | 42/48 | €71,593 | €39,648 | -€31,945 | -44.6% |
| Financial debts | 43 | €1,238 | - | -€1,238 | |
| Credit institutions | 430/8 | €1,238 | - | -€1,238 | |
| Trade debts | 44 | €701 | €3,756 | +€3,056 | +436.0% |
| Suppliers | 440/4 | €701 | €3,756 | +€3,056 | +436.0% |
| Advances received on contracts in progress | 46 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | €12,877 | €5,598 | -€7,279 | -56.5% |
| Taxes | 450/3 | €6,037 | €5,598 | -€439 | -7.3% |
| Remuneration and social security | 454/9 | €6,840 | - | -€6,840 | |
| Other amounts payable | 47/48 | €55,777 | €30,294 | -€25,483 | -45.7% |
| Turnover | 70 | €117,703 | €32,106 | -€85,597 | -72.7% |
| Non-recurring operating income | 76A | - | €893 | +€893 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,271 | €41,927 | -€55,344 | -56.9% |
| Remuneration, social security and pensions | 62 | €893 | - | -€893 | |
| Other operating charges | 640/8 | €2,328 | €1,105 | -€1,223 | -52.5% |
| Gross operating margin | 9900 | €20,432 | -€5,726 | -€26,157 | |
| Operating profit (loss) | 9901 | €17,210 | -€6,831 | -€24,041 | |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Non-recurring financial income | 76B | €34 | - | -€34 | |
| Financial charges | 65/66B | €278 | €213 | -€65 | -23.3% |
| Recurring financial charges | 65 | €275 | €213 | -€62 | -22.6% |
| Non-recurring financial charges | 66B | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €16,967 | -€7,044 | -€24,011 | |
| Income taxes | 67/77 | €5,382 | €2,366 | -€3,016 | -56.0% |
| Profit (loss) for the period | 9904 | €11,585 | -€9,409 | -€20,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,585 | -€9,409 | -€20,995 |
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 9 October 2026 via checked.be.