SEJENAT: 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.
What changed
SEJENAT
NACE 47.210, Retail sale of fruit and vegetables
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€25,146
2024 · -€2,781+€27,928
Equity
€219,263
2024 · €425,643-€206,381
Cash
€224,302
2024 · €239,782-€15,480
Balance sheet total
€1.4m
2024 · €1.6m-€156,577
Largest movements
Assets
- Tangible fixed assets -€144,539
down €144,539 (-13.1%), from €1.1m to €955,024
- Receivables within one year +€35,759
up €35,759 (+26.6%), from €134,364 to €170,122
of which Other amounts receivable: +€35,258
- Receivables after one year -€33,000
down €33,000 (-34.4%), from €96,000 to €63,000
Equity and liabilities
- Reserves -€206,381
down €206,381 (-50.5%), from €408,422 to €202,041
- Other debts +€155,269
up €155,269 (+206%), from €75,242 to €230,511
- Debts after one year -€117,071
down €117,071 (-13.7%), from €857,555 to €740,484
- Current portion of long-term debt -€20,438
down €20,438 (-15.1%), from €135,415 to €114,977
Income statement
- Gross operating margin +€44,632
up €44,632 (+8.8%), from €506,926 to €551,558
- Staff costs +€35,769
up €35,769 (+13.1%), from €274,010 to €309,778
- Depreciation -€24,551
down €24,551 (-13.7%), from €179,091 to €154,540
- Taxes +€9,920
new in 2025: €9,920
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.
Result 2024
-€2,781
Gross operating margin
+€44,632
Staff costs
-€35,769
Depreciation
+€24,551
Other operating charges
-€4,124
Other operating items
+€10,337
Financial income
-€4,717
Financial charges
+€2,938
Taxes
-€9,920
Result 2025
€25,146
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€363,692
Investment
-€10,136
Financing
-€369,036
Cash 2024
€239,782
From operations (derived)
+€363,692
Net result for the year
+€25,146
Depreciation
+€154,540
Receivables after one year
+€33,000
Receivables within one year
-€35,759
Deferred charges and accrued income
-€548
Trade debts
+€9,120
Tax, wage and social debts
+€11,415
Other debts
+€155,269
Accrued charges and deferred income
+€11,508
Investment (derived)
-€10,136
Investment in fixed assets (net)
-€10,136
Financing
-€369,036
Debts after one year
-€117,071
Current portion of long-term debt
-€20,438
Contributions, distributions and other
-€231,527
Cash 2025
€224,302
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,577,963 | €1,421,386 | -€156,577 | -9.9% |
| Fixed assets | 21/28 | €1,099,858 | €955,454 | -€144,404 | -13.1% |
| Tangible fixed assets | 22/27 | €1,099,563 | €955,024 | -€144,539 | -13.1% |
| Land and buildings | 22 | €823,922 | €763,567 | -€60,356 | -7.3% |
| Plant, machinery and equipment | 23 | €12,474 | €8,602 | -€3,872 | -31.0% |
| Furniture and vehicles | 24 | €167,005 | €111,919 | -€55,085 | -33.0% |
| Leasing and similar rights | 25 | €96,162 | €70,936 | -€25,226 | -26.2% |
| Financial fixed assets | 28 | €295 | €430 | +€135 | +45.8% |
| Current assets | 29/58 | €478,106 | €465,933 | -€12,173 | -2.5% |
| Amounts receivable after more than one year | 29 | €96,000 | €63,000 | -€33,000 | -34.4% |
| Other amounts receivable | 291 | €96,000 | €63,000 | -€33,000 | -34.4% |
| Amounts receivable within one year | 40/41 | €134,364 | €170,122 | +€35,759 | +26.6% |
| Trade receivables | 40 | €5,726 | €6,227 | +€501 | +8.8% |
| Other amounts receivable | 41 | €128,638 | €163,895 | +€35,258 | +27.4% |
| Cash at bank and in hand | 54/58 | €239,782 | €224,302 | -€15,480 | -6.5% |
| Deferred charges and accrued income | 490/1 | €7,960 | €8,508 | +€548 | +6.9% |
| Total equity and liabilities | 10/49 | €1,577,963 | €1,421,386 | -€156,577 | -9.9% |
| Equity | 10/15 | €425,643 | €219,263 | -€206,381 | -48.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €408,422 | €202,041 | -€206,381 | -50.5% |
| Distributable reserves | 133 | €408,422 | €202,041 | -€206,381 | -50.5% |
| Profit (loss) carried forward | 14 | -€2,778 | -€2,778 | = | 0.0% |
| Amounts payable | 17/49 | €1,152,320 | €1,202,123 | +€49,803 | +4.3% |
| Amounts payable after more than one year | 17 | €857,555 | €740,484 | -€117,071 | -13.7% |
| Financial debts | 170/4 | €857,555 | €740,484 | -€117,071 | -13.7% |
| Amounts payable within one year | 42/48 | €293,938 | €449,305 | +€155,367 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €135,415 | €114,977 | -€20,438 | -15.1% |
| Trade debts | 44 | €18,545 | €27,665 | +€9,120 | +49.2% |
| Suppliers | 440/4 | €18,545 | €27,665 | +€9,120 | +49.2% |
| Taxes, remuneration and social security | 45 | €64,736 | €76,151 | +€11,415 | +17.6% |
| Taxes | 450/3 | €11,570 | €15,270 | +€3,700 | +32.0% |
| Remuneration and social security | 454/9 | €53,167 | €60,882 | +€7,715 | +14.5% |
| Other amounts payable | 47/48 | €75,242 | €230,511 | +€155,269 | +206% |
| Accrued charges and deferred income | 492/3 | €827 | €12,334 | +€11,508 | +1,392% |
| Non-recurring operating income | 76A | €690 | - | -€690 | |
| Remuneration, social security and pensions | 62 | €274,010 | €309,778 | +€35,769 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,091 | €154,540 | -€24,551 | -13.7% |
| Other operating charges | 640/8 | €3,327 | €7,451 | +€4,124 | +124% |
| Non-recurring operating charges | 66A | €10,337 | - | -€10,337 | |
| Gross operating margin | 9900 | €506,926 | €551,558 | +€44,632 | +8.8% |
| Operating profit (loss) | 9901 | €40,162 | €79,789 | +€39,627 | +98.7% |
| Financial income | 75/76B | €5,588 | €871 | -€4,717 | -84.4% |
| Recurring financial income | 75 | €2,282 | €871 | -€1,411 | -61.8% |
| Non-recurring financial income | 76B | €3,306 | - | -€3,306 | |
| Financial charges | 65/66B | €48,531 | €45,593 | -€2,938 | -6.1% |
| Recurring financial charges | 65 | €48,531 | €45,593 | -€2,938 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,781 | €35,067 | +€37,848 | |
| Income taxes | 67/77 | - | €9,920 | +€9,920 | |
| Profit (loss) for the period | 9904 | -€2,781 | €25,146 | +€27,928 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,781 | €25,146 | +€27,928 |
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 18 October 2026 via checked.be.