SEMPERACTIO: 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.
SEMPERACTIO
Largest movements
- Receivables within one year -€3,557
down €3,557 (-4.1%), from €85,984 to €82,427
of which Trade receivables: -€3,552
- Cash -€1,584
down €1,584 (-30.8%), from €5,145 to €3,561
mainly Net result for the year (-€10,695) and Deferred charges and accrued income (-€302)
- Tangible fixed assets -€941
down €941 (-74.2%), from €1,268 to €328
of which Plant, machinery and equipment: -€789
- Profit (loss) carried forward -€10,695
down €10,695 (-23.6%), from -€45,356 to -€56,051
- Other debts +€5,097
up €5,097 (+18.8%), from €27,105 to €32,202
- Gross operating margin -€13,495
down €13,495, from €5,551 to -€7,945
- Financial charges +€785
up €785 (+88.8%), from €884 to €1,669
- Other operating charges -€512
no longer reported in 2025 (was €512)
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 | €92,576 | €86,795 | -€5,780 | -6.2% |
| Fixed assets | 21/28 | €1,268 | €328 | -€941 | -74.2% |
| Tangible fixed assets | 22/27 | €1,268 | €328 | -€941 | -74.2% |
| Plant, machinery and equipment | 23 | €789 | - | -€789 | |
| Furniture and vehicles | 24 | €479 | €328 | -€151 | -31.6% |
| Current assets | 29/58 | €91,307 | €86,468 | -€4,839 | -5.3% |
| Amounts receivable within one year | 40/41 | €85,984 | €82,427 | -€3,557 | -4.1% |
| Trade receivables | 40 | €85,257 | €81,705 | -€3,552 | -4.2% |
| Other amounts receivable | 41 | €727 | €721 | -€6 | -0.8% |
| Cash at bank and in hand | 54/58 | €5,145 | €3,561 | -€1,584 | -30.8% |
| Deferred charges and accrued income | 490/1 | €178 | €480 | +€302 | +169.7% |
| Total equity and liabilities | 10/49 | €92,576 | €86,795 | -€5,780 | -6.2% |
| Equity | 10/15 | -€26,718 | -€37,413 | -€10,695 | -40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38 | €38 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38 | €38 | = | 0.0% |
| Reserves not available under the articles | 1311 | €38 | €38 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,356 | -€56,051 | -€10,695 | -23.6% |
| Amounts payable | 17/49 | €119,294 | €124,208 | +€4,915 | +4.1% |
| Amounts payable within one year | 42/48 | €119,294 | €124,208 | +€4,915 | +4.1% |
| Trade debts | 44 | €83,971 | €84,041 | +€70 | +0.1% |
| Suppliers | 440/4 | €83,971 | €84,041 | +€70 | +0.1% |
| Advances received on contracts in progress | 46 | €5,348 | €5,348 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,869 | €2,617 | -€252 | -8.8% |
| Taxes | 450/3 | €2,869 | €2,617 | -€252 | -8.8% |
| Other amounts payable | 47/48 | €27,105 | €32,202 | +€5,097 | +18.8% |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €952 | €941 | -€11 | -1.2% |
| Other operating charges | 640/8 | €512 | - | -€512 | |
| Gross operating margin | 9900 | €5,551 | -€7,945 | -€13,495 | |
| Operating profit (loss) | 9901 | €4,087 | -€8,885 | -€12,972 | |
| Financial charges | 65/66B | €884 | €1,669 | +€785 | +88.8% |
| Recurring financial charges | 65 | €884 | €1,669 | +€785 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €3,203 | -€10,554 | -€13,757 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €3,064 | -€10,695 | -€13,758 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,064 | -€10,695 | -€13,758 |
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 12 October 2026 via checked.be.