SEJOMA: 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.
SEJOMA
Largest movements
- Cash +€2,955
up €2,955 (+6.4%), from €46,223 to €49,178
mainly Net result for the year (+€2,442) and Depreciation (+€707)
- Reserves +€2,400
up €2,400 (+10.5%), from €22,949 to €25,349
of which Distributable reserves: +€2,400
- Gross operating margin +€1,083
up €1,083 (+9.2%), from €11,717 to €12,800
- Taxes +€304
up €304 (+32.5%), from €937 to €1,242
- Other operating charges +€250
up €250 (+3.1%), from €7,952 to €8,202
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 | €138,699 | €140,962 | +€2,263 | +1.6% |
| Fixed assets | 21/28 | €92,248 | €91,541 | -€707 | -0.8% |
| Tangible fixed assets | 22/27 | €92,248 | €91,541 | -€707 | -0.8% |
| Land and buildings | 22 | €91,116 | €90,685 | -€431 | -0.5% |
| Plant, machinery and equipment | 23 | €1,132 | €856 | -€276 | -24.4% |
| Current assets | 29/58 | €46,451 | €49,422 | +€2,970 | +6.4% |
| Cash at bank and in hand | 54/58 | €46,223 | €49,178 | +€2,955 | +6.4% |
| Deferred charges and accrued income | 490/1 | €229 | €244 | +€15 | +6.4% |
| Total equity and liabilities | 10/49 | €138,699 | €140,962 | +€2,263 | +1.6% |
| Equity | 10/15 | €135,884 | €138,326 | +€2,442 | +1.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €22,949 | €25,349 | +€2,400 | +10.5% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €15,949 | €18,349 | +€2,400 | +15.0% |
| Profit (loss) carried forward | 14 | €42,934 | €42,977 | +€42 | +0.1% |
| Amounts payable | 17/49 | €2,816 | €2,636 | -€179 | -6.4% |
| Amounts payable within one year | 42/48 | €2,077 | €1,784 | -€293 | -14.1% |
| Trade debts | 44 | €1,140 | €573 | -€567 | -49.8% |
| Suppliers | 440/4 | €1,140 | €573 | -€567 | -49.8% |
| Taxes, remuneration and social security | 45 | €937 | €1,211 | +€274 | +29.3% |
| Taxes | 450/3 | €937 | €1,211 | +€274 | +29.3% |
| Accrued charges and deferred income | 492/3 | €739 | €852 | +€114 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | €707 | +€29 | +4.3% |
| Other operating charges | 640/8 | €7,952 | €8,202 | +€250 | +3.1% |
| Gross operating margin | 9900 | €11,717 | €12,800 | +€1,083 | +9.2% |
| Operating profit (loss) | 9901 | €3,087 | €3,891 | +€804 | +26.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €208 | €208 | -€0 | -0.1% |
| Recurring financial charges | 65 | €208 | €208 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €2,879 | €3,684 | +€805 | +28.0% |
| Income taxes | 67/77 | €937 | €1,242 | +€304 | +32.5% |
| Profit (loss) for the period | 9904 | €1,941 | €2,442 | +€501 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,941 | €2,442 | +€501 | +25.8% |
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 10 October 2026 via checked.be.