SESMENTO: 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.
SESMENTO
Largest movements
- Cash +€40,884
up €40,884 (+148%), from €27,625 to €68,509
mainly Net result for the year (+€18,365) and Deferred charges and accrued income (+€14,875)
- Deferred charges and accrued income -€14,875
down €14,875 (-83.4%), from €17,840 to €2,966
- Profit (loss) carried forward +€18,365
up €18,365 (+17.0%), from -€108,281 to -€89,916
- Other debts +€5,060
up €5,060 (+3.0%), from €165,941 to €171,001
- Accrued charges and deferred income +€3,641
up €3,641 (+70.1%), from €5,190 to €8,831
- Gross operating margin -€16,002
down €16,002 (-18.1%), from €88,379 to €72,377
- Staff costs -€9,098
down €9,098 (-17.0%), from €53,594 to €44,496
- Other operating charges -€9,090
down €9,090 (-95.3%), from €9,539 to €449
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.
Derived cash bridge
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 | €93,766 | €119,678 | +€25,912 | +27.6% |
| Fixed assets | 21/28 | €26,469 | €25,502 | -€967 | -3.7% |
| Tangible fixed assets | 22/27 | €26,469 | €25,502 | -€967 | -3.7% |
| Land and buildings | 22 | €1,534 | €1,368 | -€165 | -10.8% |
| Plant, machinery and equipment | 23 | €14,911 | €11,839 | -€3,071 | -20.6% |
| Furniture and vehicles | 24 | €6,360 | €9,758 | +€3,398 | +53.4% |
| Other tangible fixed assets | 26 | €3,664 | €2,537 | -€1,127 | -30.8% |
| Current assets | 29/58 | €67,297 | €94,175 | +€26,878 | +39.9% |
| Amounts receivable within one year | 40/41 | €21,832 | €22,701 | +€869 | +4.0% |
| Trade receivables | 40 | €20,960 | €21,692 | +€732 | +3.5% |
| Other amounts receivable | 41 | €872 | €1,008 | +€137 | +15.7% |
| Cash at bank and in hand | 54/58 | €27,625 | €68,509 | +€40,884 | +148% |
| Deferred charges and accrued income | 490/1 | €17,840 | €2,966 | -€14,875 | -83.4% |
| Total equity and liabilities | 10/49 | €93,766 | €119,678 | +€25,912 | +27.6% |
| Equity | 10/15 | -€93,361 | -€74,996 | +€18,365 | +19.7% |
| Contributions | 10/11 | €14,920 | €14,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,281 | -€89,916 | +€18,365 | +17.0% |
| Amounts payable | 17/49 | €187,127 | €194,674 | +€7,547 | +4.0% |
| Amounts payable within one year | 42/48 | €181,937 | €185,843 | +€3,906 | +2.1% |
| Trade debts | 44 | €7,271 | €6,144 | -€1,126 | -15.5% |
| Suppliers | 440/4 | €7,271 | €6,144 | -€1,126 | -15.5% |
| Advances received on contracts in progress | 46 | - | €874 | +€874 | |
| Taxes, remuneration and social security | 45 | €8,726 | €7,824 | -€902 | -10.3% |
| Taxes | 450/3 | €224 | €233 | +€9 | +4.2% |
| Remuneration and social security | 454/9 | €8,502 | €7,591 | -€911 | -10.7% |
| Other amounts payable | 47/48 | €165,941 | €171,001 | +€5,060 | +3.0% |
| Accrued charges and deferred income | 492/3 | €5,190 | €8,831 | +€3,641 | +70.1% |
| Remuneration, social security and pensions | 62 | €53,594 | €44,496 | -€9,098 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,127 | €8,347 | +€220 | +2.7% |
| Other operating charges | 640/8 | €9,539 | €449 | -€9,090 | -95.3% |
| Gross operating margin | 9900 | €88,379 | €72,377 | -€16,002 | -18.1% |
| Operating profit (loss) | 9901 | €17,119 | €19,085 | +€1,966 | +11.5% |
| Financial income | 75/76B | €347 | €17 | -€330 | -95.0% |
| Recurring financial income | 75 | €347 | €17 | -€330 | -95.0% |
| Financial charges | 65/66B | €544 | €527 | -€17 | -3.1% |
| Recurring financial charges | 65 | €544 | €527 | -€17 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €16,922 | €18,575 | +€1,653 | +9.8% |
| Income taxes | 67/77 | €213 | €210 | -€3 | -1.4% |
| Profit (loss) for the period | 9904 | €16,709 | €18,365 | +€1,656 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,709 | €18,365 | +€1,656 | +9.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.