SEPIDENT: 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.
SEPIDENT
Largest movements
- Tangible fixed assets -€17,246
down €17,246 (-5.0%), from €346,640 to €329,394
of which Land and buildings: -€12,952
- Receivables within one year -€11,242
down €11,242 (-2.2%), from €505,392 to €494,150
of which Trade receivables: -€30,350
- Other debts -€74,175
down €74,175 (-31.1%), from €238,349 to €164,174
- Short-term financial debts +€16,387
new in 2024: €16,387
- Current portion of long-term debt +€15,342
up €15,342 (+40.1%), from €38,284 to €53,625
- Debts after one year +€10,529
up €10,529 (+52.4%), from €20,107 to €30,636
- Tax, wage and social debts +€9,210
up €9,210 (+13.5%), from €68,014 to €77,224
of which Remuneration and social security: +€10,000
- Gross operating margin -€11,492
down €11,492 (-30.3%), from €37,932 to €26,440
- Taxes -€2,865
no longer reported in 2024 (was €2,865)
- Financial charges +€912
up €912 (+37.1%), from €2,458 to €3,369
- Depreciation +€478
up €478 (+2.1%), from €22,592 to €23,070
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.
Cash bridge derived
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 | €853,466 | €824,962 | -€28,504 | -3.3% |
| Fixed assets | 21/28 | €346,640 | €329,394 | -€17,246 | -5.0% |
| Tangible fixed assets | 22/27 | €346,640 | €329,394 | -€17,246 | -5.0% |
| Land and buildings | 22 | €273,118 | €260,166 | -€12,952 | -4.7% |
| Plant, machinery and equipment | 23 | €1,168 | €1,168 | = | 0.0% |
| Furniture and vehicles | 24 | - | €349 | +€349 | |
| Leasing and similar rights | 25 | €72,355 | €67,712 | -€4,643 | -6.4% |
| Current assets | 29/58 | €506,826 | €495,569 | -€11,257 | -2.2% |
| Amounts receivable within one year | 40/41 | €505,392 | €494,150 | -€11,242 | -2.2% |
| Trade receivables | 40 | €468,350 | €438,000 | -€30,350 | -6.5% |
| Other amounts receivable | 41 | €37,042 | €56,150 | +€19,108 | +51.6% |
| Cash at bank and in hand | 54/58 | €1,409 | - | -€1,409 | |
| Deferred charges and accrued income | 490/1 | €25 | €1,419 | +€1,394 | +5624.2% |
| Total equity and liabilities | 10/49 | €853,466 | €824,962 | -€28,504 | -3.3% |
| Equity | 10/15 | €120,610 | €120,585 | -€25 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €19,360 | €19,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,050 | €95,025 | -€25 | 0.0% |
| Provisions and deferred taxes | 16 | €10,450 | €10,450 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,450 | €10,450 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,450 | €10,450 | = | 0.0% |
| Amounts payable | 17/49 | €722,406 | €693,927 | -€28,479 | -3.9% |
| Amounts payable after more than one year | 17 | €20,107 | €30,636 | +€10,529 | +52.4% |
| Financial debts | 170/4 | €20,107 | €30,636 | +€10,529 | +52.4% |
| Amounts payable within one year | 42/48 | €702,299 | €663,291 | -€39,008 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €38,284 | €53,625 | +€15,342 | +40.1% |
| Financial debts | 43 | - | €16,387 | +€16,387 | |
| Credit institutions | 430/8 | - | €16,387 | +€16,387 | |
| Trade debts | 44 | €357,653 | €351,881 | -€5,772 | -1.6% |
| Suppliers | 440/4 | €357,653 | €351,881 | -€5,772 | -1.6% |
| Taxes, remuneration and social security | 45 | €68,014 | €77,224 | +€9,210 | +13.5% |
| Taxes | 450/3 | €3,514 | €2,724 | -€790 | -22.5% |
| Remuneration and social security | 454/9 | €64,500 | €74,500 | +€10,000 | +15.5% |
| Other amounts payable | 47/48 | €238,349 | €164,174 | -€74,175 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,592 | €23,070 | +€478 | +2.1% |
| Other operating charges | 640/8 | €124 | €25 | -€99 | -80.0% |
| Gross operating margin | 9900 | €37,932 | €26,440 | -€11,492 | -30.3% |
| Operating profit (loss) | 9901 | €15,216 | €3,345 | -€11,871 | -78.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,458 | €3,369 | +€912 | +37.1% |
| Recurring financial charges | 65 | €2,458 | €3,369 | +€912 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €12,758 | -€25 | -€12,783 | |
| Income taxes | 67/77 | €2,865 | - | -€2,865 | |
| Profit (loss) for the period | 9904 | €9,893 | -€25 | -€9,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,893 | -€25 | -€9,918 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.