SebTrack: what changed
SebTrack
Largest movements
- Tangible fixed assets -€29,186
down €29,186 (-39.7%), from €73,531 to €44,345
of which Land and buildings: -€27,896
- Cash -€4,210
down €4,210 (-74.5%), from €5,648 to €1,438
mainly Debts after one year (-€23,024) and Net result for the year (-€16,680)
- Deferred charges and accrued income -€1,255
down €1,255 (-28.2%), from €4,456 to €3,201
- Debts after one year -€23,024
down €23,024 (-45.2%), from €50,973 to €27,949
- Profit (loss) carried forward -€16,680
down €16,680, from €511 to -€16,169
- Other debts +€3,303
up €3,303 (+42.2%), from €7,825 to €11,129
- Trade debts +€3,010
up €3,010 (+84.1%), from €3,581 to €6,591
- Tax, wage and social debts -€2,739
down €2,739 (-31.2%), from €8,789 to €6,051
- Gross operating margin -€32,662
down €32,662 (-57.8%), from €56,536 to €23,874
- Taxes -€3,034
down €3,034 (-89.8%), from €3,377 to €343
- Other operating charges -€1,874
down €1,874 (-31.8%), from €5,887 to €4,013
- Financial charges -€1,662
down €1,662 (-20.3%), from €8,201 to €6,539
- Depreciation -€596
down €596 (-2.0%), from €30,255 to €29,659
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,135 | €72,834 | -€35,301 | -32.6% |
| Fixed assets | 21/28 | €73,831 | €44,645 | -€29,186 | -39.5% |
| Tangible fixed assets | 22/27 | €73,531 | €44,345 | -€29,186 | -39.7% |
| Land and buildings | 22 | €63,036 | €35,140 | -€27,896 | -44.3% |
| Furniture and vehicles | 24 | €1,210 | €1,267 | +€57 | +4.7% |
| Other tangible fixed assets | 26 | €9,285 | €7,938 | -€1,346 | -14.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €34,304 | €28,189 | -€6,115 | -17.8% |
| Amounts receivable within one year | 40/41 | €24,200 | €23,550 | -€650 | -2.7% |
| Trade receivables | 40 | €24,200 | €23,550 | -€650 | -2.7% |
| Cash at bank and in hand | 54/58 | €5,648 | €1,438 | -€4,210 | -74.5% |
| Deferred charges and accrued income | 490/1 | €4,456 | €3,201 | -€1,255 | -28.2% |
| Total equity and liabilities | 10/49 | €108,135 | €72,834 | -€35,301 | -32.6% |
| Equity | 10/15 | €14,771 | -€1,909 | -€16,680 | |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €511 | -€16,169 | -€16,680 | |
| Amounts payable | 17/49 | €93,364 | €74,744 | -€18,621 | -19.9% |
| Amounts payable after more than one year | 17 | €50,973 | €27,949 | -€23,024 | -45.2% |
| Financial debts | 170/4 | €50,973 | €27,949 | -€23,024 | -45.2% |
| Amounts payable within one year | 42/48 | €42,391 | €46,795 | +€4,403 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €22,196 | €23,024 | +€828 | +3.7% |
| Trade debts | 44 | €3,581 | €6,591 | +€3,010 | +84.1% |
| Suppliers | 440/4 | €3,581 | €6,591 | +€3,010 | +84.1% |
| Taxes, remuneration and social security | 45 | €8,789 | €6,051 | -€2,739 | -31.2% |
| Taxes | 450/3 | €8,789 | €6,051 | -€2,739 | -31.2% |
| Other amounts payable | 47/48 | €7,825 | €11,129 | +€3,303 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,255 | €29,659 | -€596 | -2.0% |
| Other operating charges | 640/8 | €5,887 | €4,013 | -€1,874 | -31.8% |
| Gross operating margin | 9900 | €56,536 | €23,874 | -€32,662 | -57.8% |
| Operating profit (loss) | 9901 | €20,395 | -€9,798 | -€30,192 | |
| Financial charges | 65/66B | €8,201 | €6,539 | -€1,662 | -20.3% |
| Recurring financial charges | 65 | €8,201 | €6,539 | -€1,662 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €12,193 | -€16,337 | -€28,530 | |
| Income taxes | 67/77 | €3,377 | €343 | -€3,034 | -89.8% |
| Profit (loss) for the period | 9904 | €8,816 | -€16,680 | -€25,496 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,816 | -€16,680 | -€25,496 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.