SEMOFA: 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.
SEMOFA
Largest movements
- Cash +€2,584
up €2,584 (+130.9%), from €1,975 to €4,559
mainly Other debts (+€4,870)
- Receivables within one year +€399
up €399 (+6.3%), from €6,313 to €6,712
- Other debts +€4,870
up €4,870 (+1876.9%), from €259 to €5,129
- Profit (loss) carried forward -€1,887
down €1,887 (-17.9%), from -€10,564 to -€12,451
- Purchases and services +€1,945
new in 2022: €1,945
- Turnover +€981
new in 2022: €981
- Gross operating margin -€964
new in 2022: -€964
- Other operating charges +€923
new in 2022: €923
From the 2021 result to the 2022 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,288 | €11,271 | +€2,983 | +36.0% |
| Current assets | 29/58 | €8,288 | €11,271 | +€2,983 | +36.0% |
| Amounts receivable within one year | 40/41 | €6,313 | €6,712 | +€399 | +6.3% |
| Other amounts receivable | 41 | €6,313 | €6,712 | +€399 | +6.3% |
| Cash at bank and in hand | 54/58 | €1,975 | €4,559 | +€2,584 | +130.9% |
| Total equity and liabilities | 10/49 | €8,288 | €11,271 | +€2,983 | +36.0% |
| Equity | 10/15 | €8,028 | €6,141 | -€1,887 | -23.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,564 | -€12,451 | -€1,887 | -17.9% |
| Amounts payable | 17/49 | €259 | €5,129 | +€4,870 | +1876.9% |
| Amounts payable within one year | 42/48 | €259 | €5,129 | +€4,870 | +1876.9% |
| Other amounts payable | 47/48 | €259 | €5,129 | +€4,870 | +1876.9% |
| Turnover | 70 | - | €981 | +€981 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,945 | +€1,945 | |
| Other operating charges | 640/8 | - | €923 | +€923 | |
| Gross operating margin | 9900 | - | -€964 | -€964 | |
| Operating profit (loss) | 9901 | - | -€1,887 | -€1,887 | |
| Profit (loss) for the period before taxes | 9903 | - | -€1,887 | -€1,887 | |
| Profit (loss) for the period | 9904 | - | -€1,887 | -€1,887 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€1,887 | -€1,887 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.