SETCHI: 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.
SETCHI
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€71,180
down €71,180 (-134.1%), from -€53,080 to -€124,260
- Other debts +€66,400
up €66,400 (+3.9%), from €1.7m to €1.8m
- Financial charges +€18,478
up €18,478 (+38.5%), from €47,958 to €66,436
- Services and other goods -€4,738
no longer reported in 2025 (was €4,738)
- Other operating charges +€2,377
up €2,377 (+618.3%), from €384 to €2,761
- Gross operating margin -€1,982
new in 2025: -€1,982
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 | €1,754,575 | €1,751,386 | -€3,190 | -0.2% |
| Current assets | 29/58 | €1,754,575 | €1,751,386 | -€3,190 | -0.2% |
| Stocks and contracts in progress | 3 | €1,735,374 | €1,735,374 | = | 0.0% |
| Stocks | 30/36 | €1,735,374 | €1,735,374 | = | 0.0% |
| Property held for sale | 35 | €1,735,374 | - | -€1.7m | |
| Amounts receivable within one year | 40/41 | - | €758 | +€758 | |
| Trade receivables | 40 | - | €758 | +€758 | |
| Cash at bank and in hand | 54/58 | €19,202 | €15,254 | -€3,948 | -20.6% |
| Total equity and liabilities | 10/49 | €1,754,575 | €1,751,386 | -€3,190 | -0.2% |
| Equity | 10/15 | €46,920 | -€24,260 | -€71,180 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,080 | -€124,260 | -€71,180 | -134.1% |
| Amounts payable | 17/49 | €1,707,656 | €1,775,646 | +€67,990 | +4.0% |
| Amounts payable within one year | 42/48 | €1,707,656 | €1,775,646 | +€67,990 | +4.0% |
| Trade debts | 44 | - | €1,590 | +€1,590 | |
| Suppliers | 440/4 | - | €1,590 | +€1,590 | |
| Other amounts payable | 47/48 | €1,707,656 | €1,774,056 | +€66,400 | +3.9% |
| Operating charges | 60/66A | €5,122 | - | -€5,122 | |
| Purchases | 600/8 | €1,735,374 | - | -€1.7m | |
| Change in stocks: decrease (increase) | 609 | -€1,735,374 | - | +€1.7m | |
| Services and other goods | 61 | €4,738 | - | -€4,738 | |
| Other operating charges | 640/8 | €384 | €2,761 | +€2,377 | +618.3% |
| Gross operating margin | 9900 | - | -€1,982 | -€1,982 | |
| Operating profit (loss) | 9901 | -€5,122 | -€4,744 | +€378 | +7.4% |
| Financial charges | 65/66B | €47,958 | €66,436 | +€18,478 | +38.5% |
| Recurring financial charges | 65 | €47,958 | €66,436 | +€18,478 | +38.5% |
| Debt charges | 650 | €47,656 | - | -€47,656 | |
| Other financial charges | 652/9 | €303 | - | -€303 | |
| Profit (loss) for the period before taxes | 9903 | -€53,080 | -€71,180 | -€18,100 | -34.1% |
| Profit (loss) for the period | 9904 | -€53,080 | -€71,180 | -€18,100 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,080 | -€71,180 | -€18,100 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.