SEPTUA: 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.
SEPTUA
Largest movements
- Tangible fixed assets +€322,399
up €322,399 (+8.6%), from €3.8m to €4.1m
of which Land and buildings: +€323,505
- Trade debts +€277,432
up €277,432 (+54.3%), from €511,147 to €788,579
- Other debts +€209,467
up €209,467 (+94.8%), from €221,000 to €430,467
- Profit (loss) carried forward -€99,106
down €99,106 (-154%), from -€64,345 to -€163,450
- Debts after one year -€77,059
down €77,059 (-5.7%), from €1.4m to €1.3m
- Depreciation +€25,495
up €25,495 (+16.3%), from €156,102 to €181,597
- Gross operating margin +€24,969
up €24,969 (+17.4%), from €143,784 to €168,752
- Turnover +€17,921
up €17,921 (+5.9%), from €303,526 to €321,447
- Purchases and services +€15,785
up €15,785 (+9.9%), from €159,742 to €175,527
- Other operating charges +€7,010
up €7,010 (+21.7%), from €32,308 to €39,317
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 | €3,898,975 | €4,211,763 | +€312,788 | +8.0% |
| Fixed assets | 21/28 | €3,764,656 | €4,087,055 | +€322,399 | +8.6% |
| Tangible fixed assets | 22/27 | €3,764,656 | €4,087,055 | +€322,399 | +8.6% |
| Land and buildings | 22 | €3,760,373 | €4,083,878 | +€323,505 | +8.6% |
| Plant, machinery and equipment | 23 | €4,283 | €3,177 | -€1,106 | -25.8% |
| Current assets | 29/58 | €134,319 | €124,708 | -€9,610 | -7.2% |
| Amounts receivable within one year | 40/41 | €7,013 | €10,089 | +€3,076 | +43.9% |
| Trade receivables | 40 | €7,013 | €10,089 | +€3,076 | +43.9% |
| Cash at bank and in hand | 54/58 | €122,773 | €114,598 | -€8,175 | -6.7% |
| Deferred charges and accrued income | 490/1 | €4,533 | €22 | -€4,512 | -99.5% |
| Total equity and liabilities | 10/49 | €3,898,975 | €4,211,763 | +€312,788 | +8.0% |
| Equity | 10/15 | €1,705,555 | €1,606,449 | -€99,106 | -5.8% |
| Contributions | 10/11 | €1,767,558 | €1,767,558 | = | 0.0% |
| Capital | 10 | €1,767,558 | €1,767,558 | = | 0.0% |
| Issued capital | 100 | €1,767,558 | €1,767,558 | = | 0.0% |
| Reserves | 13 | €2,342 | €2,342 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,342 | €2,342 | = | 0.0% |
| Legal reserve | 130 | €2,342 | €2,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,345 | -€163,450 | -€99,106 | -154% |
| Amounts payable | 17/49 | €2,193,420 | €2,605,314 | +€411,894 | +18.8% |
| Amounts payable after more than one year | 17 | €1,363,866 | €1,286,807 | -€77,059 | -5.7% |
| Financial debts | 170/4 | €1,363,866 | €1,286,807 | -€77,059 | -5.7% |
| Amounts payable within one year | 42/48 | €827,604 | €1,316,711 | +€489,107 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €95,457 | €97,665 | +€2,208 | +2.3% |
| Trade debts | 44 | €511,147 | €788,579 | +€277,432 | +54.3% |
| Suppliers | 440/4 | €511,147 | €788,579 | +€277,432 | +54.3% |
| Other amounts payable | 47/48 | €221,000 | €430,467 | +€209,467 | +94.8% |
| Accrued charges and deferred income | 492/3 | €1,950 | €1,797 | -€154 | -7.9% |
| Turnover | 70 | €303,526 | €321,447 | +€17,921 | +5.9% |
| Non-recurring operating income | 76A | - | €22,832 | +€22,832 | |
| Goods, raw materials, services and sundry goods | 60/61 | €159,742 | €175,527 | +€15,785 | +9.9% |
| Remuneration, social security and pensions | 62 | €129 | €134 | +€5 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,102 | €181,597 | +€25,495 | +16.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,500 | - | +€2,500 | |
| Other operating charges | 640/8 | €32,308 | €39,317 | +€7,010 | +21.7% |
| Non-recurring operating charges | 66A | €500 | €2,420 | +€1,920 | +384% |
| Gross operating margin | 9900 | €143,784 | €168,752 | +€24,969 | +17.4% |
| Operating profit (loss) | 9901 | -€42,755 | -€54,716 | -€11,961 | -28.0% |
| Financial charges | 65/66B | €41,015 | €44,390 | +€3,375 | +8.2% |
| Recurring financial charges | 65 | €41,015 | €44,390 | +€3,375 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€83,770 | -€99,106 | -€15,336 | -18.3% |
| Income taxes | 67/77 | €253 | - | -€253 | |
| Profit (loss) for the period | 9904 | -€84,023 | -€99,106 | -€15,082 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,023 | -€99,106 | -€15,082 | -18.0% |
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 22 October 2026 via checked.be.