SeJo IT: 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.
SeJo IT
Largest movements
- Cash -€34,841
down €34,841 (-87.3%), from €39,896 to €5,055
mainly Investment in fixed assets (net) (-€40,344) and Receivables within one year (-€23,656)
- Financial fixed assets +€30,000
up €30,000 (+1,072%), from €2,799 to €32,799
- Receivables within one year +€23,656
up €23,656 (+128%), from €18,543 to €42,199
of which Trade receivables: +€25,638
- Debts after one year +€31,200
new in 2025: €31,200
- Other debts -€13,383
down €13,383 (-26.5%), from €50,557 to €37,173
- Reserves +€10,852
up €10,852 (+74.5%), from €14,559 to €25,411
- Trade debts -€7,048
down €7,048 (-50.1%), from €14,065 to €7,017
- Tax, wage and social debts -€2,550
down €2,550 (-36.3%), from €7,023 to €4,473
of which Taxes: -€4,450
- Gross operating margin +€16,291
up €16,291 (+122%), from €13,311 to €29,602
- Depreciation +€4,953
up €4,953 (+93.6%), from €5,292 to €10,245
- Taxes +€3,808
up €3,808 (+228%), from €1,672 to €5,480
- Other operating charges +€349
up €349 (+19.3%), from €1,807 to €2,156
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,181 | €110,308 | +€19,127 | +21.0% |
| Fixed assets | 21/28 | €32,742 | €62,840 | +€30,098 | +91.9% |
| Tangible fixed assets | 22/27 | €29,943 | €30,041 | +€98 | +0.3% |
| Land and buildings | 22 | €17,964 | €16,841 | -€1,123 | -6.3% |
| Plant, machinery and equipment | 23 | €11,203 | €8,028 | -€3,175 | -28.3% |
| Furniture and vehicles | 24 | - | €5,172 | +€5,172 | |
| Other tangible fixed assets | 26 | €776 | - | -€776 | |
| Financial fixed assets | 28 | €2,799 | €32,799 | +€30,000 | +1,072% |
| Current assets | 29/58 | €58,439 | €47,468 | -€10,971 | -18.8% |
| Amounts receivable within one year | 40/41 | €18,543 | €42,199 | +€23,656 | +128% |
| Trade receivables | 40 | €10,215 | €35,853 | +€25,638 | +251% |
| Other amounts receivable | 41 | €8,328 | €6,346 | -€1,982 | -23.8% |
| Cash at bank and in hand | 54/58 | €39,896 | €5,055 | -€34,841 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €214 | +€214 | |
| Total equity and liabilities | 10/49 | €91,181 | €110,308 | +€19,127 | +21.0% |
| Equity | 10/15 | €14,607 | €25,459 | +€10,852 | +74.3% |
| Reserves | 13 | €14,559 | €25,411 | +€10,852 | +74.5% |
| Distributable reserves | 133 | €14,559 | €25,411 | +€10,852 | +74.5% |
| Profit (loss) carried forward | 14 | €48 | €48 | = | 0.0% |
| Amounts payable | 17/49 | €76,573 | €84,849 | +€8,275 | +10.8% |
| Amounts payable after more than one year | 17 | - | €31,200 | +€31,200 | |
| Financial debts | 170/4 | - | €31,200 | +€31,200 | |
| Amounts payable within one year | 42/48 | €76,573 | €53,648 | -€22,925 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €4,929 | €4,985 | +€56 | +1.1% |
| Trade debts | 44 | €14,065 | €7,017 | -€7,048 | -50.1% |
| Suppliers | 440/4 | €14,065 | €7,017 | -€7,048 | -50.1% |
| Taxes, remuneration and social security | 45 | €7,023 | €4,473 | -€2,550 | -36.3% |
| Taxes | 450/3 | €7,023 | €2,573 | -€4,450 | -63.4% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €50,557 | €37,173 | -€13,383 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,292 | €10,245 | +€4,953 | +93.6% |
| Other operating charges | 640/8 | €1,807 | €2,156 | +€349 | +19.3% |
| Gross operating margin | 9900 | €13,311 | €29,602 | +€16,291 | +122% |
| Operating profit (loss) | 9901 | €6,211 | €17,200 | +€10,989 | +177% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €770 | €868 | +€98 | +12.8% |
| Recurring financial charges | 65 | €770 | €868 | +€98 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €5,449 | €16,332 | +€10,883 | +200% |
| Income taxes | 67/77 | €1,672 | €5,480 | +€3,808 | +228% |
| Profit (loss) for the period | 9904 | €3,777 | €10,852 | +€7,075 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €3,777 | €10,852 | +€7,075 | +187% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.