SEMA SERVICES: 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.
SEMA SERVICES
Largest movements
- Receivables within one year +€29,777
up €29,777 (+28.5%), from €104,576 to €134,353
of which Other amounts receivable: +€16,820
- Profit (loss) carried forward +€22,166
up €22,166 (+32.7%), from €67,845 to €90,012
- Tax, wage and social debts +€9,523
up €9,523 (+35.0%), from €27,218 to €36,741
of which Taxes: +€7,955
- Trade debts -€3,799
down €3,799 (-19.0%), from €20,031 to €16,233
- Gross operating margin -€47,953
down €47,953 (-44.5%), from €107,666 to €59,713
- Taxes -€12,468
down €12,468 (-56.2%), from €22,204 to €9,736
- Staff costs +€9,483
up €9,483 (+102.0%), from €9,300 to €18,784
- Depreciation +€3,807
up €3,807 (+128.9%), from €2,954 to €6,761
- Other operating charges -€3,053
down €3,053 (-58.4%), from €5,229 to €2,176
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,094 | €143,985 | +€27,890 | +24.0% |
| Fixed assets | 21/28 | €9,474 | €8,956 | -€518 | -5.5% |
| Tangible fixed assets | 22/27 | €9,474 | €8,956 | -€518 | -5.5% |
| Furniture and vehicles | 24 | €9,474 | €8,956 | -€518 | -5.5% |
| Current assets | 29/58 | €106,620 | €135,029 | +€28,409 | +26.6% |
| Amounts receivable within one year | 40/41 | €104,576 | €134,353 | +€29,777 | +28.5% |
| Trade receivables | 40 | €44,718 | €57,675 | +€12,956 | +29.0% |
| Other amounts receivable | 41 | €59,858 | €76,678 | +€16,820 | +28.1% |
| Cash at bank and in hand | 54/58 | €2,044 | €676 | -€1,368 | -66.9% |
| Total equity and liabilities | 10/49 | €116,094 | €143,985 | +€27,890 | +24.0% |
| Equity | 10/15 | €68,845 | €91,012 | +€22,166 | +32.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,845 | €90,012 | +€22,166 | +32.7% |
| Amounts payable | 17/49 | €47,249 | €52,973 | +€5,724 | +12.1% |
| Amounts payable within one year | 42/48 | €47,249 | €52,973 | +€5,724 | +12.1% |
| Trade debts | 44 | €20,031 | €16,233 | -€3,799 | -19.0% |
| Suppliers | 440/4 | €20,031 | €16,233 | -€3,799 | -19.0% |
| Taxes, remuneration and social security | 45 | €27,218 | €36,741 | +€9,523 | +35.0% |
| Taxes | 450/3 | €24,224 | €32,179 | +€7,955 | +32.8% |
| Remuneration and social security | 454/9 | €2,994 | €4,562 | +€1,568 | +52.4% |
| Remuneration, social security and pensions | 62 | €9,300 | €18,784 | +€9,483 | +102.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,954 | €6,761 | +€3,807 | +128.9% |
| Other operating charges | 640/8 | €5,229 | €2,176 | -€3,053 | -58.4% |
| Gross operating margin | 9900 | €107,666 | €59,713 | -€47,953 | -44.5% |
| Operating profit (loss) | 9901 | €90,183 | €31,992 | -€58,191 | -64.5% |
| Financial income | 75/76B | €1 | €2 | +€1 | +50.9% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +50.9% |
| Financial charges | 65/66B | €135 | €91 | -€44 | -32.6% |
| Recurring financial charges | 65 | €135 | €91 | -€44 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €90,049 | €31,903 | -€58,146 | -64.6% |
| Income taxes | 67/77 | €22,204 | €9,736 | -€12,468 | -56.2% |
| Profit (loss) for the period | 9904 | €67,845 | €22,166 | -€45,679 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,845 | €22,166 | -€45,679 | -67.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.