SEWELIA: 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.
SEWELIA
Largest movements
- Cash +€13,233
up €13,233 (+1,656%), from €799 to €14,033
mainly Contributions, distributions and other (+€30,000) and Trade debts (+€5,939)
- Financial fixed assets +€10,000
new in 2025: €10,000
- Receivables within one year +€7,753
up €7,753 (+596%), from €1,300 to €9,053
of which Trade receivables: +€7,095
- Tangible fixed assets -€620
no longer reported in 2025 (was €620)
- Contributions +€30,000
up €30,000 (+2,000%), from €1,500 to €31,500
- Trade debts +€5,939
up €5,939 (+2,381%), from €249 to €6,189
- Profit (loss) carried forward -€5,230
down €5,230 (-136%), from -€3,853 to -€9,083
- Gross operating margin -€6,055
down €6,055, from €1,607 to -€4,447
- Depreciation -€116
down €116 (-15.7%), from €735 to €620
- Financial charges +€77
up €77 (+89.4%), from €86 to €163
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 | €2,719 | €33,086 | +€30,367 | +1,117% |
| Fixed assets | 21/28 | €620 | €10,000 | +€9,380 | +1,514% |
| Tangible fixed assets | 22/27 | €620 | - | -€620 | |
| Furniture and vehicles | 24 | €620 | - | -€620 | |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €2,099 | €23,086 | +€20,986 | +1,000% |
| Amounts receivable within one year | 40/41 | €1,300 | €9,053 | +€7,753 | +596% |
| Trade receivables | 40 | €1,300 | €8,395 | +€7,095 | +546% |
| Other amounts receivable | 41 | - | €658 | +€658 | |
| Cash at bank and in hand | 54/58 | €799 | €14,033 | +€13,233 | +1,656% |
| Total equity and liabilities | 10/49 | €2,719 | €33,086 | +€30,367 | +1,117% |
| Equity | 10/15 | -€2,353 | €22,417 | +€24,770 | |
| Contributions | 10/11 | €1,500 | €31,500 | +€30,000 | +2,000% |
| Profit (loss) carried forward | 14 | -€3,853 | -€9,083 | -€5,230 | -136% |
| Amounts payable | 17/49 | €5,072 | €10,669 | +€5,597 | +110% |
| Amounts payable within one year | 42/48 | €5,072 | €10,669 | +€5,597 | +110% |
| Trade debts | 44 | €249 | €6,189 | +€5,939 | +2,381% |
| Suppliers | 440/4 | €249 | €6,189 | +€5,939 | +2,381% |
| Taxes, remuneration and social security | 45 | €263 | - | -€263 | |
| Taxes | 450/3 | €263 | - | -€263 | |
| Other amounts payable | 47/48 | €4,559 | €4,480 | -€79 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | €620 | -€116 | -15.7% |
| Non-recurring operating charges | 66A | €2,951 | - | -€2,951 | |
| Gross operating margin | 9900 | €1,607 | -€4,447 | -€6,055 | |
| Operating profit (loss) | 9901 | -€2,079 | -€5,067 | -€2,988 | -144% |
| Financial charges | 65/66B | €86 | €163 | +€77 | +89.4% |
| Recurring financial charges | 65 | €86 | €163 | +€77 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,165 | -€5,230 | -€3,065 | -142% |
| Profit (loss) for the period | 9904 | -€2,165 | -€5,230 | -€3,065 | -142% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,165 | -€5,230 | -€3,065 | -142% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.