SEFFER Elektromotoren: what changed
What changed
SEFFER Elektromotoren
NACE 27.110, Manufacture of electrical equipment
filed annual accounts (NBB)
Net result for the year
€31,639
2024 · €36,065-€4,427
Equity
€120,667
2024 · €90,309+€30,359
Cash
€71,484
2024 · €56,846+€14,638
Balance sheet total
€289,827
2024 · €257,944+€31,884
Largest movements
Assets
- Receivables within one year +€30,457
up €30,457 (+37.5%), from €81,136 to €111,594
of which Trade receivables: +€29,549
- Tangible fixed assets -€17,382
down €17,382 (-35.5%), from €49,011 to €31,629
of which Plant, machinery and equipment: -€9,243
- Cash +€14,638
up €14,638 (+25.8%), from €56,846 to €71,484
mainly Net result for the year (+€31,639) and Depreciation (+€19,863)
- Stocks and contracts +€3,837
up €3,837 (+5.7%), from €67,758 to €71,595
Equity and liabilities
- Reserves +€30,359
up €30,359 (+35.6%), from €85,309 to €115,667
- Accrued charges and deferred income +€5,060
new in 2025: €5,060
- Tax, wage and social debts -€3,899
down €3,899 (-20.3%), from €19,183 to €15,284
of which Taxes: -€3,358
Income statement
- Financial charges +€4,633
up €4,633 (+87.2%), from €5,312 to €9,946
- Gross operating margin +€3,196
up €3,196 (+2.3%), from €137,422 to €140,617
- Staff costs +€2,396
up €2,396 (+3.8%), from €63,627 to €66,023
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€36,065
Gross operating margin
+€3,196
Staff costs
-€2,396
Depreciation
-€1,093
Other operating charges
-€258
Financial income
-€150
Financial charges
-€4,633
Taxes
+€908
Result 2025
€31,639
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,854
Investment
-€2,481
Financing
-€735
Cash 2024
€56,846
From operations (derived)
+€17,854
Net result for the year
+€31,639
Depreciation
+€19,863
Stocks and contracts
-€3,837
Receivables within one year
-€30,457
Deferred charges and accrued income
-€334
Trade debts
-€645
Tax, wage and social debts
-€3,899
Other debts
+€464
Accrued charges and deferred income
+€5,060
Investment (derived)
-€2,481
Investment in fixed assets (net)
-€2,481
Financing
-€735
Debts after one year
+€545
Contributions, distributions and other
-€1,280
Cash 2025
€71,484
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,944 | €289,827 | +€31,884 | +12.4% |
| Fixed assets | 21/28 | €49,011 | €31,629 | -€17,382 | -35.5% |
| Tangible fixed assets | 22/27 | €49,011 | €31,629 | -€17,382 | -35.5% |
| Land and buildings | 22 | €11,250 | €9,906 | -€1,345 | -12.0% |
| Plant, machinery and equipment | 23 | €23,822 | €14,579 | -€9,243 | -38.8% |
| Furniture and vehicles | 24 | €13,938 | €7,144 | -€6,795 | -48.7% |
| Current assets | 29/58 | €208,933 | €258,199 | +€49,266 | +23.6% |
| Stocks and contracts in progress | 3 | €67,758 | €71,595 | +€3,837 | +5.7% |
| Stocks | 30/36 | €67,758 | €71,595 | +€3,837 | +5.7% |
| Amounts receivable within one year | 40/41 | €81,136 | €111,594 | +€30,457 | +37.5% |
| Trade receivables | 40 | €80,045 | €109,594 | +€29,549 | +36.9% |
| Other amounts receivable | 41 | €1,091 | €1,999 | +€908 | +83.2% |
| Cash at bank and in hand | 54/58 | €56,846 | €71,484 | +€14,638 | +25.8% |
| Deferred charges and accrued income | 490/1 | €3,193 | €3,526 | +€334 | +10.4% |
| Total equity and liabilities | 10/49 | €257,944 | €289,827 | +€31,884 | +12.4% |
| Equity | 10/15 | €90,309 | €120,667 | +€30,359 | +33.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,309 | €115,667 | +€30,359 | +35.6% |
| Distributable reserves | 133 | €85,309 | €115,667 | +€30,359 | +35.6% |
| Amounts payable | 17/49 | €167,635 | €169,160 | +€1,525 | +0.9% |
| Amounts payable after more than one year | 17 | €126,678 | €127,223 | +€545 | +0.4% |
| Other amounts payable | 178/9 | €126,678 | €127,223 | +€545 | +0.4% |
| Amounts payable within one year | 42/48 | €40,957 | €36,877 | -€4,080 | -10.0% |
| Trade debts | 44 | €21,214 | €20,570 | -€645 | -3.0% |
| Suppliers | 440/4 | €21,214 | €20,570 | -€645 | -3.0% |
| Taxes, remuneration and social security | 45 | €19,183 | €15,284 | -€3,899 | -20.3% |
| Taxes | 450/3 | €8,949 | €5,591 | -€3,358 | -37.5% |
| Remuneration and social security | 454/9 | €10,234 | €9,692 | -€541 | -5.3% |
| Other amounts payable | 47/48 | €560 | €1,024 | +€464 | +82.9% |
| Accrued charges and deferred income | 492/3 | - | €5,060 | +€5,060 | |
| Remuneration, social security and pensions | 62 | €63,627 | €66,023 | +€2,396 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,771 | €19,863 | +€1,093 | +5.8% |
| Other operating charges | 640/8 | €2,091 | €2,349 | +€258 | +12.3% |
| Gross operating margin | 9900 | €137,422 | €140,617 | +€3,196 | +2.3% |
| Operating profit (loss) | 9901 | €52,933 | €52,382 | -€551 | -1.0% |
| Financial income | 75/76B | €2,354 | €2,203 | -€150 | -6.4% |
| Recurring financial income | 75 | €2,354 | €2,203 | -€150 | -6.4% |
| Financial charges | 65/66B | €5,312 | €9,946 | +€4,633 | +87.2% |
| Recurring financial charges | 65 | €5,312 | €9,946 | +€4,633 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €49,974 | €44,640 | -€5,335 | -10.7% |
| Income taxes | 67/77 | €13,909 | €13,001 | -€908 | -6.5% |
| Profit (loss) for the period | 9904 | €36,065 | €31,639 | -€4,427 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,065 | €31,639 | -€4,427 | -12.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.