Séfabi: 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.
Séfabi
Largest movements
- Receivables within one year -€15,271
down €15,271 (-59.1%), from €25,834 to €10,563
of which Trade receivables: -€8,177
- Cash -€12,674
down €12,674 (-22.2%), from €57,048 to €44,374
mainly Contributions, distributions and other (-€39,047) and Net result for the year (-€384)
- Tangible fixed assets -€1,122
down €1,122 (-83.9%), from €1,338 to €216
- Profit (loss) carried forward -€39,431
down €39,431, from €39,047 to -€384
- Tax, wage and social debts +€4,861
up €4,861 (+52.6%), from €9,233 to €14,094
of which Remuneration and social security: +€3,278
- Other debts +€4,721
up €4,721 (+15.6%), from €30,284 to €35,006
- Gross operating margin -€14,920
down €14,920 (-76.1%), from €19,598 to €4,677
- Taxes -€3,344
down €3,344 (-81.0%), from €4,130 to €786
- Financial charges +€1,095
up €1,095 (+64.1%), from €1,709 to €2,804
- Other operating charges +€360
up €360 (+218.0%), from €165 to €525
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 | €85,191 | €56,099 | -€29,093 | -34.1% |
| Fixed assets | 21/28 | €1,338 | €216 | -€1,122 | -83.9% |
| Tangible fixed assets | 22/27 | €1,338 | €216 | -€1,122 | -83.9% |
| Furniture and vehicles | 24 | €1,338 | €216 | -€1,122 | -83.9% |
| Current assets | 29/58 | €83,853 | €55,882 | -€27,971 | -33.4% |
| Amounts receivable within one year | 40/41 | €25,834 | €10,563 | -€15,271 | -59.1% |
| Trade receivables | 40 | €17,927 | €9,750 | -€8,177 | -45.6% |
| Other amounts receivable | 41 | €7,907 | €814 | -€7,094 | -89.7% |
| Cash at bank and in hand | 54/58 | €57,048 | €44,374 | -€12,674 | -22.2% |
| Deferred charges and accrued income | 490/1 | €971 | €945 | -€26 | -2.7% |
| Total equity and liabilities | 10/49 | €85,191 | €56,099 | -€29,093 | -34.1% |
| Equity | 10/15 | €45,639 | €6,208 | -€39,431 | -86.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €392 | €392 | = | 0.0% |
| Non-distributable reserves | 130/1 | €392 | €392 | = | 0.0% |
| Reserves not available under the articles | 1311 | €392 | €392 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,047 | -€384 | -€39,431 | |
| Amounts payable | 17/49 | €39,552 | €49,891 | +€10,338 | +26.1% |
| Amounts payable within one year | 42/48 | €39,552 | €49,891 | +€10,338 | +26.1% |
| Trade debts | 44 | €35 | €791 | +€756 | +2170.0% |
| Suppliers | 440/4 | €35 | €791 | +€756 | +2170.0% |
| Taxes, remuneration and social security | 45 | €9,233 | €14,094 | +€4,861 | +52.6% |
| Taxes | 450/3 | €8,913 | €10,496 | +€1,583 | +17.8% |
| Remuneration and social security | 454/9 | €320 | €3,598 | +€3,278 | +1024.4% |
| Other amounts payable | 47/48 | €30,284 | €35,006 | +€4,721 | +15.6% |
| Non-recurring operating income | 76A | €1,218 | - | -€1,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,122 | €1,122 | +€0 | 0.0% |
| Other operating charges | 640/8 | €165 | €525 | +€360 | +218.0% |
| Gross operating margin | 9900 | €19,598 | €4,677 | -€14,920 | -76.1% |
| Operating profit (loss) | 9901 | €18,311 | €3,030 | -€15,280 | -83.4% |
| Financial income | 75/76B | €207 | €176 | -€31 | -15.1% |
| Recurring financial income | 75 | €207 | €176 | -€31 | -15.1% |
| Financial charges | 65/66B | €1,709 | €2,804 | +€1,095 | +64.1% |
| Recurring financial charges | 65 | €1,709 | €2,804 | +€1,095 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €16,809 | €403 | -€16,407 | -97.6% |
| Income taxes | 67/77 | €4,130 | €786 | -€3,344 | -81.0% |
| Profit (loss) for the period | 9904 | €12,679 | -€384 | -€13,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,679 | -€384 | -€13,063 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.