SEMOKAM Management: what changed
Two financial 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.
SEMOKAM Management
Largest movements
- Cash +€9,077
up €9,077 (+81.7%), from €11,112 to €20,189
mainly Net result for the year (+€10,144) and Trade debts (+€8,773)
- Receivables within one year +€7,534
up €7,534 (+489.0%), from €1,541 to €9,074
of which Trade receivables: +€5,074
- Reserves +€10,144
new in 2025: €10,144
- Trade debts +€8,773
new in 2025: €8,773
- Other debts -€1,383
down €1,383 (-16.3%), from €8,467 to €7,084
- Tax, wage and social debts -€923
down €923 (-29.0%), from €3,186 to €2,263
- Gross operating margin -€14,954
down €14,954 (-49.4%), from €30,271 to €15,318
- Taxes -€2,356
down €2,356 (-36.1%), from €6,521 to €4,165
- Other operating charges +€480
up €480 (+123.8%), from €387 to €867
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 | €12,653 | €29,264 | +€16,611 | +131.3% |
| Current assets | 29/58 | €12,653 | €29,264 | +€16,611 | +131.3% |
| Amounts receivable within one year | 40/41 | €1,541 | €9,074 | +€7,534 | +489.0% |
| Trade receivables | 40 | - | €5,074 | +€5,074 | |
| Other amounts receivable | 41 | €1,541 | €4,000 | +€2,459 | +159.6% |
| Cash at bank and in hand | 54/58 | €11,112 | €20,189 | +€9,077 | +81.7% |
| Total equity and liabilities | 10/49 | €12,653 | €29,264 | +€16,611 | +131.3% |
| Equity | 10/15 | €1,000 | €11,144 | +€10,144 | +1014.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €10,144 | +€10,144 | |
| Distributable reserves | 133 | - | €10,144 | +€10,144 | |
| Amounts payable | 17/49 | €11,653 | €18,119 | +€6,467 | +55.5% |
| Amounts payable within one year | 42/48 | €11,653 | €18,119 | +€6,467 | +55.5% |
| Trade debts | 44 | - | €8,773 | +€8,773 | |
| Suppliers | 440/4 | - | €8,773 | +€8,773 | |
| Taxes, remuneration and social security | 45 | €3,186 | €2,263 | -€923 | -29.0% |
| Taxes | 450/3 | €3,186 | €2,263 | -€923 | -29.0% |
| Other amounts payable | 47/48 | €8,467 | €7,084 | -€1,383 | -16.3% |
| Other operating charges | 640/8 | €387 | €867 | +€480 | +123.8% |
| Gross operating margin | 9900 | €30,271 | €15,318 | -€14,954 | -49.4% |
| Operating profit (loss) | 9901 | €29,884 | €14,451 | -€15,433 | -51.6% |
| Financial charges | 65/66B | €74 | €141 | +€68 | +92.5% |
| Recurring financial charges | 65 | €74 | €141 | +€68 | +92.5% |
| Profit (loss) for the period before taxes | 9903 | €29,810 | €14,309 | -€15,501 | -52.0% |
| Income taxes | 67/77 | €6,521 | €4,165 | -€2,356 | -36.1% |
| Profit (loss) for the period | 9904 | €23,289 | €10,144 | -€13,145 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,289 | €10,144 | -€13,145 | -56.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.