SEFALIA: 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.
SEFALIA
Largest movements
- Receivables within one year -€2,693
down €2,693 (-60.5%), from €4,455 to €1,762
of which Trade receivables: -€2,693
- Trade debts -€4,196
down €4,196 (-44.5%), from €9,437 to €5,242
- Tax, wage and social debts +€1,038
up €1,038 (+44.0%), from €2,357 to €3,395
- Profit (loss) carried forward +€372
up €372 (+0.4%), from -€85,339 to -€84,967
- Accrued charges and deferred income +€92
up €92 (+59.4%), from €155 to €247
- Gross operating margin -€4,157
down €4,157 (-87.0%), from €4,776 to €619
- Financial charges -€765
down €765 (-89.3%), from €857 to €92
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 | €6,130 | €3,436 | -€2,693 | -43.9% |
| Current assets | 29/58 | €6,130 | €3,436 | -€2,693 | -43.9% |
| Amounts receivable within one year | 40/41 | €4,455 | €1,762 | -€2,693 | -60.5% |
| Trade receivables | 40 | €4,435 | €1,742 | -€2,693 | -60.7% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,674 | €1,674 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,130 | €3,436 | -€2,693 | -43.9% |
| Equity | 10/15 | -€64,879 | -€64,507 | +€372 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,339 | -€84,967 | +€372 | +0.4% |
| Amounts payable | 17/49 | €71,008 | €67,943 | -€3,065 | -4.3% |
| Amounts payable within one year | 42/48 | €70,853 | €67,696 | -€3,157 | -4.5% |
| Trade debts | 44 | €9,437 | €5,242 | -€4,196 | -44.5% |
| Suppliers | 440/4 | €9,437 | €5,242 | -€4,196 | -44.5% |
| Taxes, remuneration and social security | 45 | €2,357 | €3,395 | +€1,038 | +44.0% |
| Taxes | 450/3 | €2,357 | €3,395 | +€1,038 | +44.0% |
| Other amounts payable | 47/48 | €59,059 | €59,059 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €155 | €247 | +€92 | +59.4% |
| Other operating charges | 640/8 | €155 | €155 | = | 0.0% |
| Gross operating margin | 9900 | €4,776 | €619 | -€4,157 | -87.0% |
| Operating profit (loss) | 9901 | €4,621 | €464 | -€4,157 | -90.0% |
| Financial charges | 65/66B | €857 | €92 | -€765 | -89.3% |
| Recurring financial charges | 65 | €857 | €92 | -€765 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €3,764 | €372 | -€3,392 | -90.1% |
| Profit (loss) for the period | 9904 | €3,764 | €372 | -€3,392 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,764 | €372 | -€3,392 | -90.1% |
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 8 October 2026 via checked.be.