SEMPERARDENS: 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.
SEMPERARDENS
Largest movements
- Intangible fixed assets -€35,000
down €35,000 (-46.2%), from €75,833 to €40,833
- Tangible fixed assets -€23,160
down €23,160 (-7.0%), from €333,058 to €309,898
of which Land and buildings: -€18,464
- Cash -€12,463
down €12,463 (-50.9%), from €24,474 to €12,011
mainly Debts after one year (-€58,751) and Trade debts (-€27,273)
- Debts after one year -€58,751
down €58,751 (-14.3%), from €410,363 to €351,611
- Trade debts -€27,273
down €27,273 (-28.9%), from €94,436 to €67,163
- Profit (loss) carried forward +€24,457
up €24,457 (+11.4%), from -€214,116 to -€189,659
- Tax, wage and social debts -€19,876
down €19,876 (-35.7%), from €55,728 to €35,852
of which Taxes: -€15,780
- Other debts +€5,563
up €5,563 (+18.8%), from €29,524 to €35,087
- Staff costs -€47,427
down €47,427 (-14.2%), from €333,436 to €286,009
- Gross operating margin -€37,015
down €37,015 (-8.3%), from €447,520 to €410,505
- Other operating charges +€4,540
up €4,540 (+31.0%), from €14,646 to €19,185
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.
Derived cash bridge
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 | €452,106 | €380,479 | -€71,627 | -15.8% |
| Fixed assets | 21/28 | €409,391 | €351,231 | -€58,160 | -14.2% |
| Intangible fixed assets | 21 | €75,833 | €40,833 | -€35,000 | -46.2% |
| Tangible fixed assets | 22/27 | €333,058 | €309,898 | -€23,160 | -7.0% |
| Land and buildings | 22 | €304,640 | €286,177 | -€18,464 | -6.1% |
| Plant, machinery and equipment | 23 | €15,230 | €8,534 | -€6,696 | -44.0% |
| Furniture and vehicles | 24 | €9,028 | €5,054 | -€3,973 | -44.0% |
| Leasing and similar rights | 25 | €4,160 | €10,133 | +€5,973 | +144% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €42,715 | €29,248 | -€13,466 | -31.5% |
| Stocks and contracts in progress | 3 | €17,780 | €15,875 | -€1,905 | -10.7% |
| Stocks | 30/36 | €17,780 | €15,875 | -€1,905 | -10.7% |
| Amounts receivable within one year | 40/41 | €93 | €1,130 | +€1,037 | +1,120% |
| Other amounts receivable | 41 | €93 | €1,130 | +€1,037 | +1,120% |
| Cash at bank and in hand | 54/58 | €24,474 | €12,011 | -€12,463 | -50.9% |
| Deferred charges and accrued income | 490/1 | €368 | €232 | -€136 | -36.9% |
| Total equity and liabilities | 10/49 | €452,106 | €380,479 | -€71,627 | -15.8% |
| Equity | 10/15 | -€207,916 | -€183,459 | +€24,457 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,116 | -€189,659 | +€24,457 | +11.4% |
| Amounts payable | 17/49 | €660,022 | €563,938 | -€96,084 | -14.6% |
| Amounts payable after more than one year | 17 | €410,363 | €351,611 | -€58,751 | -14.3% |
| Financial debts | 170/4 | €410,363 | €351,611 | -€58,751 | -14.3% |
| Amounts payable within one year | 42/48 | €249,659 | €209,098 | -€40,561 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €69,971 | €70,996 | +€1,025 | +1.5% |
| Trade debts | 44 | €94,436 | €67,163 | -€27,273 | -28.9% |
| Suppliers | 440/4 | €94,436 | €67,163 | -€27,273 | -28.9% |
| Taxes, remuneration and social security | 45 | €55,728 | €35,852 | -€19,876 | -35.7% |
| Taxes | 450/3 | €28,400 | €12,620 | -€15,780 | -55.6% |
| Remuneration and social security | 454/9 | €27,328 | €23,232 | -€4,096 | -15.0% |
| Other amounts payable | 47/48 | €29,524 | €35,087 | +€5,563 | +18.8% |
| Accrued charges and deferred income | 492/3 | - | €3,229 | +€3,229 | |
| Remuneration, social security and pensions | 62 | €333,436 | €286,009 | -€47,427 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,836 | €65,810 | -€1,026 | -1.5% |
| Other operating charges | 640/8 | €14,646 | €19,185 | +€4,540 | +31.0% |
| Gross operating margin | 9900 | €447,520 | €410,505 | -€37,015 | -8.3% |
| Operating profit (loss) | 9901 | €32,602 | €39,501 | +€6,898 | +21.2% |
| Financial income | 75/76B | €246 | €23 | -€223 | -90.6% |
| Recurring financial income | 75 | €246 | €23 | -€223 | -90.6% |
| Financial charges | 65/66B | €13,494 | €14,893 | +€1,399 | +10.4% |
| Recurring financial charges | 65 | €13,494 | €14,893 | +€1,399 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €19,355 | €24,631 | +€5,276 | +27.3% |
| Income taxes | 67/77 | €149 | €174 | +€25 | +16.4% |
| Profit (loss) for the period | 9904 | €19,206 | €24,457 | +€5,252 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,206 | €24,457 | +€5,252 | +27.3% |
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 13 October 2026 via checked.be.