SEPHORA: 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.
SEPHORA
Largest movements
- Tangible fixed assets -€31,921
down €31,921 (-1.7%), from €1.9m to €1.9m
of which Land and buildings: -€28,902
- Receivables within one year +€29,096
up €29,096 (+6.7%), from €432,236 to €461,332
of which Other amounts receivable: +€26,999
- Trade debts +€124,544
up €124,544 (+45.1%), from €276,130 to €400,674
- Debts after one year -€67,236
down €67,236 (-7.0%), from €954,577 to €887,341
- Profit (loss) carried forward -€35,393
down €35,393 (-18.3%), from -€193,921 to -€229,314
- Gross operating margin -€42,433
down €42,433 (-25.2%), from €168,625 to €126,192
- Other operating charges +€11,323
up €11,323 (+11.3%), from €99,928 to €111,251
- Taxes -€6,192
down €6,192 (-89.8%), from €6,895 to €703
- Financial charges -€4,322
down €4,322 (-13.7%), from €31,483 to €27,162
- Depreciation +€2,167
up €2,167 (+6.5%), from €33,383 to €35,551
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,719,687 | €2,737,488 | +€17,801 | +0.7% |
| Fixed assets | 21/28 | €1,892,786 | €1,860,866 | -€31,921 | -1.7% |
| Tangible fixed assets | 22/27 | €1,892,536 | €1,860,616 | -€31,921 | -1.7% |
| Land and buildings | 22 | €1,809,013 | €1,780,111 | -€28,902 | -1.6% |
| Plant, machinery and equipment | 23 | €83,524 | €80,505 | -€3,018 | -3.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €826,900 | €876,622 | +€49,722 | +6.0% |
| Amounts receivable after more than one year | 29 | €205,022 | €210,304 | +€5,281 | +2.6% |
| Other amounts receivable | 291 | €205,022 | €210,304 | +€5,281 | +2.6% |
| Amounts receivable within one year | 40/41 | €432,236 | €461,332 | +€29,096 | +6.7% |
| Trade receivables | 40 | €1,749 | €3,846 | +€2,098 | +120% |
| Other amounts receivable | 41 | €430,487 | €457,486 | +€26,999 | +6.3% |
| Cash at bank and in hand | 54/58 | €1,211 | €1,023 | -€188 | -15.5% |
| Deferred charges and accrued income | 490/1 | €188,432 | €203,964 | +€15,532 | +8.2% |
| Total equity and liabilities | 10/49 | €2,719,687 | €2,737,488 | +€17,801 | +0.7% |
| Equity | 10/15 | €1,149,107 | €1,113,714 | -€35,393 | -3.1% |
| Contributions | 10/11 | €62,320 | €62,320 | = | 0.0% |
| Capital | 10 | €62,320 | €62,320 | = | 0.0% |
| Issued capital | 100 | €62,320 | €62,320 | = | 0.0% |
| Revaluation surpluses | 12 | €1,280,709 | €1,280,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,921 | -€229,314 | -€35,393 | -18.3% |
| Amounts payable | 17/49 | €1,570,580 | €1,623,774 | +€53,194 | +3.4% |
| Amounts payable after more than one year | 17 | €954,577 | €887,341 | -€67,236 | -7.0% |
| Financial debts | 170/4 | €954,577 | €887,341 | -€67,236 | -7.0% |
| Amounts payable within one year | 42/48 | €615,991 | €734,408 | +€118,417 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €65,575 | €72,736 | +€7,162 | +10.9% |
| Trade debts | 44 | €276,130 | €400,674 | +€124,544 | +45.1% |
| Suppliers | 440/4 | €276,130 | €400,674 | +€124,544 | +45.1% |
| Taxes, remuneration and social security | 45 | €6,895 | €703 | -€6,192 | -89.8% |
| Taxes | 450/3 | €6,895 | €703 | -€6,192 | -89.8% |
| Other amounts payable | 47/48 | €267,391 | €260,294 | -€7,097 | -2.7% |
| Accrued charges and deferred income | 492/3 | €12 | €2,025 | +€2,014 | +17,315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,383 | €35,551 | +€2,167 | +6.5% |
| Other operating charges | 640/8 | €99,928 | €111,251 | +€11,323 | +11.3% |
| Gross operating margin | 9900 | €168,625 | €126,192 | -€42,433 | -25.2% |
| Operating profit (loss) | 9901 | €35,314 | -€20,610 | -€55,923 | |
| Financial income | 75/76B | €11,225 | €13,081 | +€1,857 | +16.5% |
| Recurring financial income | 75 | €11,225 | €13,081 | +€1,857 | +16.5% |
| Financial charges | 65/66B | €31,483 | €27,162 | -€4,322 | -13.7% |
| Recurring financial charges | 65 | €31,483 | €27,162 | -€4,322 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €15,055 | -€34,690 | -€49,745 | |
| Income taxes | 67/77 | €6,895 | €703 | -€6,192 | -89.8% |
| Profit (loss) for the period | 9904 | €8,160 | -€35,393 | -€43,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,160 | -€35,393 | -€43,553 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.