SEMATIL: 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.
SEMATIL
Largest movements
- Tangible fixed assets -€70,089
down €70,089 (-13.7%), from €512,518 to €442,428
of which Land and buildings: -€69,629
- Cash +€28,632
up €28,632 (+345.8%), from €8,280 to €36,912
mainly Depreciation (+€70,089) and Deferred charges and accrued income (+€7,987)
- Deferred charges and accrued income -€7,987
down €7,987 (-94.3%), from €8,474 to €487
- Debts after one year -€54,613
down €54,613 (-12.3%), from €444,945 to €390,332
of which Financial debts: -€54,613
- Gross operating margin +€27,801
up €27,801 (+49.8%), from €55,836 to €83,637
- Financial charges -€984
down €984 (-10.9%), from €9,045 to €8,061
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 | €529,272 | €479,827 | -€49,444 | -9.3% |
| Fixed assets | 21/28 | €512,518 | €442,428 | -€70,089 | -13.7% |
| Tangible fixed assets | 22/27 | €512,518 | €442,428 | -€70,089 | -13.7% |
| Land and buildings | 22 | €511,395 | €441,766 | -€69,629 | -13.6% |
| Furniture and vehicles | 24 | €1,122 | €663 | -€460 | -41.0% |
| Current assets | 29/58 | €16,754 | €37,399 | +€20,645 | +123.2% |
| Cash at bank and in hand | 54/58 | €8,280 | €36,912 | +€28,632 | +345.8% |
| Deferred charges and accrued income | 490/1 | €8,474 | €487 | -€7,987 | -94.3% |
| Total equity and liabilities | 10/49 | €529,272 | €479,827 | -€49,444 | -9.3% |
| Equity | 10/15 | €29,989 | €34,176 | +€4,187 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,389 | €15,576 | +€4,187 | +36.8% |
| Amounts payable | 17/49 | €499,282 | €445,651 | -€53,631 | -10.7% |
| Amounts payable after more than one year | 17 | €444,945 | €390,332 | -€54,613 | -12.3% |
| Financial debts | 170/4 | €404,589 | €349,976 | -€54,613 | -13.5% |
| Other amounts payable | 178/9 | €40,356 | €40,356 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,337 | €55,319 | +€981 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €53,631 | €54,613 | +€981 | +1.8% |
| Other amounts payable | 47/48 | €706 | €706 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,089 | €70,089 | = | 0.0% |
| Other operating charges | 640/8 | €1,261 | €1,300 | +€39 | +3.1% |
| Gross operating margin | 9900 | €55,836 | €83,637 | +€27,801 | +49.8% |
| Operating profit (loss) | 9901 | -€15,515 | €12,248 | +€27,762 | |
| Financial charges | 65/66B | €9,045 | €8,061 | -€984 | -10.9% |
| Recurring financial charges | 65 | €9,045 | €8,061 | -€984 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,559 | €4,187 | +€28,746 | |
| Profit (loss) for the period | 9904 | -€24,559 | €4,187 | +€28,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,559 | €4,187 | +€28,746 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.