SeSiBre: 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.
SeSiBre
Largest movements
- Cash +€41,041
up €41,041 (+33.0%), from €124,462 to €165,503
mainly Net result for the year (+€34,785) and Tax, wage and social debts (+€6,310)
- Reserves +€34,785
up €34,785 (+35.4%), from €98,246 to €133,031
- Tax, wage and social debts +€6,310
up €6,310 (+63.9%), from €9,871 to €16,181
- Trade debts +€5,482
up €5,482 (+317.8%), from €1,725 to €7,207
- Other debts -€2,547
down €2,547 (-9.9%), from €25,757 to €23,211
- Gross operating margin -€1,167
down €1,167 (-2.2%), from €53,220 to €52,053
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 | €154,209 | €198,434 | +€44,225 | +28.7% |
| Fixed assets | 21/28 | €8,295 | €9,946 | +€1,651 | +19.9% |
| Tangible fixed assets | 22/27 | €8,295 | €9,946 | +€1,651 | +19.9% |
| Plant, machinery and equipment | 23 | €3,704 | €2,458 | -€1,246 | -33.6% |
| Furniture and vehicles | 24 | €4,590 | €7,488 | +€2,898 | +63.1% |
| Current assets | 29/58 | €145,915 | €188,488 | +€42,574 | +29.2% |
| Amounts receivable within one year | 40/41 | €12,829 | €14,159 | +€1,330 | +10.4% |
| Trade receivables | 40 | €5,173 | €13,449 | +€8,276 | +160.0% |
| Other amounts receivable | 41 | €7,656 | €710 | -€6,946 | -90.7% |
| Cash at bank and in hand | 54/58 | €124,462 | €165,503 | +€41,041 | +33.0% |
| Deferred charges and accrued income | 490/1 | €8,624 | €8,827 | +€203 | +2.4% |
| Total equity and liabilities | 10/49 | €154,209 | €198,434 | +€44,225 | +28.7% |
| Equity | 10/15 | €116,846 | €151,631 | +€34,785 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,246 | €133,031 | +€34,785 | +35.4% |
| Distributable reserves | 133 | €98,246 | €133,031 | +€34,785 | +35.4% |
| Amounts payable | 17/49 | €37,363 | €46,803 | +€9,440 | +25.3% |
| Amounts payable within one year | 42/48 | €37,363 | €46,803 | +€9,440 | +25.3% |
| Financial debts | 43 | €10 | €205 | +€195 | +1954.1% |
| Other loans | 439 | €10 | €205 | +€195 | +1954.1% |
| Trade debts | 44 | €1,725 | €7,207 | +€5,482 | +317.8% |
| Suppliers | 440/4 | €1,725 | €7,207 | +€5,482 | +317.8% |
| Taxes, remuneration and social security | 45 | €9,871 | €16,181 | +€6,310 | +63.9% |
| Taxes | 450/3 | €9,871 | €16,181 | +€6,310 | +63.9% |
| Other amounts payable | 47/48 | €25,757 | €23,211 | -€2,547 | -9.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,490 | €2,678 | +€187 | +7.5% |
| Other operating charges | 640/8 | €779 | €667 | -€112 | -14.4% |
| Gross operating margin | 9900 | €53,220 | €52,053 | -€1,167 | -2.2% |
| Operating profit (loss) | 9901 | €49,950 | €48,708 | -€1,242 | -2.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -85.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -85.2% |
| Financial charges | 65/66B | €113 | €70 | -€43 | -37.9% |
| Recurring financial charges | 65 | €113 | €70 | -€43 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €49,840 | €48,638 | -€1,201 | -2.4% |
| Income taxes | 67/77 | €14,147 | €13,853 | -€294 | -2.1% |
| Profit (loss) for the period | 9904 | €35,693 | €34,785 | -€908 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,693 | €34,785 | -€908 | -2.5% |
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 2 October 2026 via checked.be.