SESSUN: 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.
SESSUN
Largest movements
- Tangible fixed assets +€568,437
up €568,437 (+139.7%), from €406,867 to €975,304
of which Other tangible fixed assets: +€491,249
- Stocks and contracts +€159,066
up €159,066 (+72.9%), from €218,202 to €377,268
- Receivables within one year +€72,750
up €72,750 (+239.9%), from €30,319 to €103,069
of which Trade receivables: +€72,205
- Cash -€56,770
down €56,770 (-26.6%), from €213,235 to €156,464
mainly Investment in fixed assets (net) (-€712,827) and Stocks and contracts (-€159,066)
- Financial fixed assets +€40,250
up €40,250 (+231.4%), from €17,391 to €57,641
- Other debts +€466,312
up €466,312 (+66.9%), from €697,443 to €1.2m
- Profit (loss) carried forward +€125,589
up €125,589 (+78.2%), from €160,616 to €286,206
- Trade debts +€115,021
up €115,021 (+160.3%), from €71,760 to €186,781
- Tax, wage and social debts +€58,607
up €58,607 (+51.2%), from €114,454 to €173,061
of which Taxes: +€46,938
- Gross operating margin +€231,068
up €231,068 (+37.4%), from €617,746 to €848,814
- Staff costs +€146,888
up €146,888 (+42.6%), from €344,927 to €491,815
- Depreciation +€37,412
up €37,412 (+50.0%), from €74,787 to €112,199
- Taxes +€23,354
up €23,354 (+72.7%), from €32,112 to €55,466
- Financial charges -€15,045
down €15,045 (-21.4%), from €70,370 to €55,325
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 | €1,094,273 | €1,859,803 | +€765,529 | +70.0% |
| Formation expenses | 20 | €22,566 | €39,875 | +€17,309 | +76.7% |
| Fixed assets | 21/28 | €561,731 | €1,145,050 | +€583,319 | +103.8% |
| Intangible fixed assets | 21 | €137,473 | €112,106 | -€25,367 | -18.5% |
| Tangible fixed assets | 22/27 | €406,867 | €975,304 | +€568,437 | +139.7% |
| Plant, machinery and equipment | 23 | €16,525 | €53,116 | +€36,591 | +221.4% |
| Furniture and vehicles | 24 | €109,454 | €150,052 | +€40,598 | +37.1% |
| Other tangible fixed assets | 26 | €280,888 | €772,136 | +€491,249 | +174.9% |
| Financial fixed assets | 28 | €17,391 | €57,641 | +€40,250 | +231.4% |
| Current assets | 29/58 | €509,977 | €674,878 | +€164,901 | +32.3% |
| Stocks and contracts in progress | 3 | €218,202 | €377,268 | +€159,066 | +72.9% |
| Stocks | 30/36 | €218,202 | €377,268 | +€159,066 | +72.9% |
| Amounts receivable within one year | 40/41 | €30,319 | €103,069 | +€72,750 | +239.9% |
| Trade receivables | 40 | €24,572 | €96,777 | +€72,205 | +293.8% |
| Other amounts receivable | 41 | €5,747 | €6,292 | +€545 | +9.5% |
| Cash at bank and in hand | 54/58 | €213,235 | €156,464 | -€56,770 | -26.6% |
| Deferred charges and accrued income | 490/1 | €48,221 | €38,077 | -€10,144 | -21.0% |
| Total equity and liabilities | 10/49 | €1,094,273 | €1,859,803 | +€765,529 | +70.0% |
| Equity | 10/15 | €210,616 | €336,206 | +€125,589 | +59.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,616 | €286,206 | +€125,589 | +78.2% |
| Amounts payable | 17/49 | €883,657 | €1,523,597 | +€639,940 | +72.4% |
| Amounts payable within one year | 42/48 | €883,657 | €1,523,597 | +€639,940 | +72.4% |
| Trade debts | 44 | €71,760 | €186,781 | +€115,021 | +160.3% |
| Suppliers | 440/4 | €71,760 | €186,781 | +€115,021 | +160.3% |
| Taxes, remuneration and social security | 45 | €114,454 | €173,061 | +€58,607 | +51.2% |
| Taxes | 450/3 | €85,757 | €132,695 | +€46,938 | +54.7% |
| Remuneration and social security | 454/9 | €28,697 | €40,366 | +€11,669 | +40.7% |
| Other amounts payable | 47/48 | €697,443 | €1,163,755 | +€466,312 | +66.9% |
| Remuneration, social security and pensions | 62 | €344,927 | €491,815 | +€146,888 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,787 | €112,199 | +€37,412 | +50.0% |
| Other operating charges | 640/8 | €4,033 | €12,081 | +€8,048 | +199.5% |
| Gross operating margin | 9900 | €617,746 | €848,814 | +€231,068 | +37.4% |
| Operating profit (loss) | 9901 | €193,998 | €232,719 | +€38,721 | +20.0% |
| Financial income | 75/76B | €7 | €3,662 | +€3,655 | +52812.3% |
| Recurring financial income | 75 | €7 | €3,662 | +€3,655 | +52812.3% |
| Financial charges | 65/66B | €70,370 | €55,325 | -€15,045 | -21.4% |
| Recurring financial charges | 65 | €70,370 | €55,325 | -€15,045 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €123,635 | €181,055 | +€57,420 | +46.4% |
| Income taxes | 67/77 | €32,112 | €55,466 | +€23,354 | +72.7% |
| Profit (loss) for the period | 9904 | €91,523 | €125,589 | +€34,066 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,523 | €125,589 | +€34,066 | +37.2% |
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 4 October 2026 via checked.be.