SEMPL: 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.
SEMPL
Largest movements
- Receivables within one year +€58,998
up €58,998 (+304.2%), from €19,395 to €78,393
of which Trade receivables: +€58,601
- Cash -€27,677
down €27,677 (-44.9%), from €61,619 to €33,942
mainly Receivables within one year (-€58,998) and Investment in fixed assets (net) (-€40,803)
- Intangible fixed assets +€26,452
up €26,452 (+27.2%), from €97,128 to €123,580
- Stocks and contracts -€11,890
down €11,890 (-75.9%), from €15,660 to €3,770
- Tangible fixed assets -€11,026
down €11,026 (-28.7%), from €38,427 to €27,401
of which Furniture and vehicles: -€9,900
- Trade debts +€54,993
up €54,993 (+774.3%), from €7,102 to €62,095
- Debts after one year -€10,610
down €10,610 (-39.7%), from €26,742 to €16,132
- Tax, wage and social debts -€9,524
down €9,524 (-40.6%), from €23,475 to €13,951
of which Taxes: -€8,163
- Gross operating margin -€94,381
down €94,381 (-77.9%), from €121,133 to €26,752
- Staff costs -€64,583
down €64,583 (-100.0%), from €64,583 to €0
- Depreciation +€1,278
up €1,278 (+5.3%), from €24,099 to €25,378
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 | €232,509 | €267,366 | +€34,857 | +15.0% |
| Fixed assets | 21/28 | €135,835 | €151,261 | +€15,426 | +11.4% |
| Intangible fixed assets | 21 | €97,128 | €123,580 | +€26,452 | +27.2% |
| Tangible fixed assets | 22/27 | €38,427 | €27,401 | -€11,026 | -28.7% |
| Plant, machinery and equipment | 23 | €11,405 | €10,280 | -€1,126 | -9.9% |
| Furniture and vehicles | 24 | €27,022 | €17,121 | -€9,900 | -36.6% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €96,674 | €116,105 | +€19,431 | +20.1% |
| Stocks and contracts in progress | 3 | €15,660 | €3,770 | -€11,890 | -75.9% |
| Stocks | 30/36 | €15,660 | €3,770 | -€11,890 | -75.9% |
| Amounts receivable within one year | 40/41 | €19,395 | €78,393 | +€58,998 | +304.2% |
| Trade receivables | 40 | €18,719 | €77,319 | +€58,601 | +313.1% |
| Other amounts receivable | 41 | €677 | €1,074 | +€397 | +58.7% |
| Cash at bank and in hand | 54/58 | €61,619 | €33,942 | -€27,677 | -44.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €232,509 | €267,366 | +€34,857 | +15.0% |
| Equity | 10/15 | €163,952 | €164,148 | +€195 | +0.1% |
| Contributions | 10/11 | €119,997 | €119,997 | = | 0.0% |
| Reserves | 13 | €43,955 | €44,150 | +€195 | +0.4% |
| Distributable reserves | 133 | €43,955 | €44,150 | +€195 | +0.4% |
| Amounts payable | 17/49 | €68,557 | €103,218 | +€34,661 | +50.6% |
| Amounts payable after more than one year | 17 | €26,742 | €16,132 | -€10,610 | -39.7% |
| Financial debts | 170/4 | €26,742 | €16,132 | -€10,610 | -39.7% |
| Amounts payable within one year | 42/48 | €41,020 | €87,087 | +€46,066 | +112.3% |
| Current portion of amounts payable after more than one year | 42 | €10,179 | €10,610 | +€431 | +4.2% |
| Trade debts | 44 | €7,102 | €62,095 | +€54,993 | +774.3% |
| Suppliers | 440/4 | €7,102 | €62,095 | +€54,993 | +774.3% |
| Taxes, remuneration and social security | 45 | €23,475 | €13,951 | -€9,524 | -40.6% |
| Taxes | 450/3 | €18,314 | €10,151 | -€8,163 | -44.6% |
| Remuneration and social security | 454/9 | €5,161 | €3,800 | -€1,361 | -26.4% |
| Other amounts payable | 47/48 | €265 | €431 | +€167 | +62.9% |
| Accrued charges and deferred income | 492/3 | €795 | €0 | -€795 | -100.0% |
| Non-recurring operating income | 76A | €2,625 | €0 | -€2,625 | -100.0% |
| Remuneration, social security and pensions | 62 | €64,583 | €0 | -€64,583 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,099 | €25,378 | +€1,278 | +5.3% |
| Other operating charges | 640/8 | €204 | €46 | -€158 | -77.5% |
| Gross operating margin | 9900 | €121,133 | €26,752 | -€94,381 | -77.9% |
| Operating profit (loss) | 9901 | €32,247 | €1,328 | -€30,919 | -95.9% |
| Financial income | 75/76B | €52 | €18 | -€34 | -65.5% |
| Recurring financial income | 75 | €52 | €18 | -€34 | -65.5% |
| Financial charges | 65/66B | €1,957 | €1,548 | -€409 | -20.9% |
| Recurring financial charges | 65 | €1,957 | €1,548 | -€409 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €30,342 | -€202 | -€30,544 | |
| Income taxes | 67/77 | -€177 | -€397 | -€220 | -124.1% |
| Profit (loss) for the period | 9904 | €30,519 | €195 | -€30,324 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,519 | €195 | -€30,324 | -99.4% |
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 29 September 2026 via checked.be.