SEMINARA CONSTRUCT: 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.
SEMINARA CONSTRUCT
Largest movements
- Receivables within one year -€15,291
down €15,291 (-77.1%), from €19,833 to €4,541
of which Trade receivables: -€13,150
- Tangible fixed assets -€2,461
down €2,461 (-47.1%), from €5,222 to €2,760
- Deferred charges and accrued income +€422
up €422 (+1729.4%), from €24 to €447
- Profit (loss) carried forward -€34,047
down €34,047 (-117.1%), from -€29,063 to -€63,110
- Other debts +€20,490
up €20,490 (+69.1%), from €29,664 to €50,154
- Trade debts -€2,702
down €2,702 (-37.6%), from €7,194 to €4,492
- Short-term financial debts -€749
down €749 (-5.3%), from €14,055 to €13,306
- Gross operating margin -€19,578
down €19,578 (-216.4%), from -€9,045 to -€28,623
- Depreciation -€1,031
down €1,031 (-29.5%), from €3,492 to €2,461
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,733 | €15,403 | -€17,330 | -52.9% |
| Fixed assets | 21/28 | €5,222 | €2,760 | -€2,461 | -47.1% |
| Tangible fixed assets | 22/27 | €5,222 | €2,760 | -€2,461 | -47.1% |
| Furniture and vehicles | 24 | €5,222 | €2,760 | -€2,461 | -47.1% |
| Current assets | 29/58 | €27,511 | €12,643 | -€14,869 | -54.0% |
| Amounts receivable within one year | 40/41 | €19,833 | €4,541 | -€15,291 | -77.1% |
| Trade receivables | 40 | €16,141 | €2,991 | -€13,150 | -81.5% |
| Other amounts receivable | 41 | €3,692 | €1,551 | -€2,141 | -58.0% |
| Cash at bank and in hand | 54/58 | €7,654 | €7,654 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €24 | €447 | +€422 | +1729.4% |
| Total equity and liabilities | 10/49 | €32,733 | €15,403 | -€17,330 | -52.9% |
| Equity | 10/15 | -€21,003 | -€55,050 | -€34,047 | -162.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,063 | -€63,110 | -€34,047 | -117.1% |
| Amounts payable | 17/49 | €53,736 | €70,453 | +€16,717 | +31.1% |
| Amounts payable within one year | 42/48 | €53,736 | €70,453 | +€16,717 | +31.1% |
| Financial debts | 43 | €14,055 | €13,306 | -€749 | -5.3% |
| Credit institutions | 430/8 | €14,055 | €13,306 | -€749 | -5.3% |
| Trade debts | 44 | €7,194 | €4,492 | -€2,702 | -37.6% |
| Suppliers | 440/4 | €7,194 | €4,492 | -€2,702 | -37.6% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €323 | - | -€323 | |
| Taxes | 450/3 | €323 | - | -€323 | |
| Other amounts payable | 47/48 | €29,664 | €50,154 | +€20,490 | +69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,492 | €2,461 | -€1,031 | -29.5% |
| Other operating charges | 640/8 | €994 | €918 | -€76 | -7.6% |
| Gross operating margin | 9900 | -€9,045 | -€28,623 | -€19,578 | -216.4% |
| Operating profit (loss) | 9901 | -€13,531 | -€32,002 | -€18,471 | -136.5% |
| Financial charges | 65/66B | €2,074 | €2,045 | -€29 | -1.4% |
| Recurring financial charges | 65 | €2,074 | €2,045 | -€29 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,605 | -€34,047 | -€18,441 | -118.2% |
| Profit (loss) for the period | 9904 | -€15,605 | -€34,047 | -€18,441 | -118.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,605 | -€34,047 | -€18,441 | -118.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.