SESH CONSULTING: 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.
SESH CONSULTING
Largest movements
- Cash -€2,007
down €2,007 (-5.9%), from €33,781 to €31,774
mainly Net result for the year (-€1,618) and Trade debts (-€388)
- Equity -€1,618
down €1,618 (-5.1%), from €31,456 to €29,838
of which Profit (loss) carried forward: -€1,618
- Trade debts -€388
down €388 (-16.7%), from €2,325 to €1,936
- Gross operating margin +€389
up €389 (+20.2%), from -€1,923 to -€1,534
- Other operating charges +€55
new in 2021: €55
- Financial charges +€29
new in 2021: €29
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,781 | €31,774 | -€2,007 | -5.9% |
| Current assets | 29/58 | €33,781 | €31,774 | -€2,007 | -5.9% |
| Cash at bank and in hand | 54/58 | €33,781 | €31,774 | -€2,007 | -5.9% |
| Total equity and liabilities | 10/49 | €33,781 | €31,774 | -€2,007 | -5.9% |
| Equity | 10/15 | €31,456 | €29,838 | -€1,618 | -5.1% |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €9,456 | €7,838 | -€1,618 | -17.1% |
| Amounts payable | 17/49 | €2,325 | €1,936 | -€388 | -16.7% |
| Amounts payable within one year | 42/48 | €2,325 | €1,936 | -€388 | -16.7% |
| Trade debts | 44 | €2,325 | €1,936 | -€388 | -16.7% |
| Suppliers | 440/4 | - | €1,936 | +€1,936 | |
| Other operating charges | 640/8 | - | €55 | +€55 | |
| Gross operating margin | 9900 | -€1,923 | -€1,534 | +€389 | +20.2% |
| Operating profit (loss) | 9901 | -€1,977 | -€1,589 | +€388 | +19.6% |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | - | €29 | +€29 | |
| Recurring financial charges | 65 | €27 | €29 | +€3 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,004 | -€1,618 | +€385 | +19.2% |
| Profit (loss) for the period | 9904 | -€2,004 | -€1,618 | +€385 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,004 | -€1,618 | +€385 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 31 July 2020 and 31 July 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.