Semki: 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.
Semki
Largest movements
- Receivables within one year -€15,129
down €15,129 (-70.1%), from €21,595 to €6,466
of which Trade receivables: -€15,345
- Tangible fixed assets -€4,447
down €4,447 (-46.3%), from €9,606 to €5,159
of which Furniture and vehicles: -€2,912
- Stocks and contracts +€1,320
up €1,320 (+43.5%), from €3,036 to €4,357
- Profit (loss) carried forward -€18,486
down €18,486 (-121.9%), from -€15,164 to -€33,650
- Tax, wage and social debts -€13,437
down €13,437 (-42.6%), from €31,531 to €18,094
of which Remuneration and social security: -€7,760
- Other debts +€9,043
new in 2025: €9,043
- Trade debts +€7,980
up €7,980 (+75.4%), from €10,576 to €18,556
- Current portion of long-term debt -€1,657
down €1,657 (-74.5%), from €2,225 to €568
- Gross operating margin -€31,193
down €31,193 (-27.1%), from €114,991 to €83,798
- Staff costs -€12,990
down €12,990 (-11.9%), from €109,463 to €96,473
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 | €50,564 | €32,248 | -€18,316 | -36.2% |
| Fixed assets | 21/28 | €12,006 | €7,559 | -€4,447 | -37.0% |
| Tangible fixed assets | 22/27 | €9,606 | €5,159 | -€4,447 | -46.3% |
| Plant, machinery and equipment | 23 | €4,278 | €3,157 | -€1,121 | -26.2% |
| Furniture and vehicles | 24 | €3,582 | €670 | -€2,912 | -81.3% |
| Other tangible fixed assets | 26 | €1,747 | €1,333 | -€414 | -23.7% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €38,558 | €24,688 | -€13,869 | -36.0% |
| Stocks and contracts in progress | 3 | €3,036 | €4,357 | +€1,320 | +43.5% |
| Stocks | 30/36 | €3,036 | €4,357 | +€1,320 | +43.5% |
| Amounts receivable within one year | 40/41 | €21,595 | €6,466 | -€15,129 | -70.1% |
| Trade receivables | 40 | €21,595 | €6,250 | -€15,345 | -71.1% |
| Other amounts receivable | 41 | - | €216 | +€216 | |
| Cash at bank and in hand | 54/58 | €12,384 | €12,543 | +€158 | +1.3% |
| Deferred charges and accrued income | 490/1 | €1,542 | €1,323 | -€219 | -14.2% |
| Total equity and liabilities | 10/49 | €50,564 | €32,248 | -€18,316 | -36.2% |
| Equity | 10/15 | €4,416 | -€14,070 | -€18,486 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,380 | €13,380 | = | 0.0% |
| Tax-exempt reserves | 132 | €412 | €412 | = | 0.0% |
| Distributable reserves | 133 | €12,968 | €12,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,164 | -€33,650 | -€18,486 | -121.9% |
| Amounts payable | 17/49 | €46,149 | €46,318 | +€169 | +0.4% |
| Amounts payable after more than one year | 17 | €568 | - | -€568 | |
| Financial debts | 170/4 | €568 | - | -€568 | |
| Amounts payable within one year | 42/48 | €44,333 | €46,261 | +€1,928 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €2,225 | €568 | -€1,657 | -74.5% |
| Trade debts | 44 | €10,576 | €18,556 | +€7,980 | +75.4% |
| Suppliers | 440/4 | €10,576 | €18,556 | +€7,980 | +75.4% |
| Taxes, remuneration and social security | 45 | €31,531 | €18,094 | -€13,437 | -42.6% |
| Taxes | 450/3 | €12,500 | €6,823 | -€5,677 | -45.4% |
| Remuneration and social security | 454/9 | €19,032 | €11,271 | -€7,760 | -40.8% |
| Other amounts payable | 47/48 | - | €9,043 | +€9,043 | |
| Accrued charges and deferred income | 492/3 | €1,247 | €57 | -€1,190 | -95.4% |
| Remuneration, social security and pensions | 62 | €109,463 | €96,473 | -€12,990 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,093 | €4,447 | +€354 | +8.6% |
| Other operating charges | 640/8 | €641 | €470 | -€171 | -26.7% |
| Gross operating margin | 9900 | €114,991 | €83,798 | -€31,193 | -27.1% |
| Operating profit (loss) | 9901 | €794 | -€17,592 | -€18,386 | |
| Financial income | 75/76B | €32 | €214 | +€183 | +579.1% |
| Recurring financial income | 75 | €32 | €214 | +€183 | +579.1% |
| Financial charges | 65/66B | €775 | €973 | +€198 | +25.5% |
| Recurring financial charges | 65 | €775 | €973 | +€198 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €50 | -€18,351 | -€18,401 | |
| Income taxes | 67/77 | €137 | €135 | -€2 | -1.7% |
| Profit (loss) for the period | 9904 | -€87 | -€18,486 | -€18,399 | -21133.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€87 | -€18,486 | -€18,399 | -21133.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.