DE SEINE: 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.
DE SEINE
Largest movements
- Cash +€3,341
up €3,341 (+21.7%), from €15,396 to €18,738
mainly Net result for the year (+€8,314) and Deferred charges and accrued income (+€71)
- Tangible fixed assets +€2,600
new in 2025: €2,600
- Receivables within one year +€361
up €361 (+58.9%), from €612 to €973
- Reserves +€6,648
up €6,648 (+287%), from €2,316 to €8,964
- Other debts -€359
down €359 (-17.7%), from €2,025 to €1,666
- Gross operating margin +€5,731
up €5,731 (+164%), from €3,492 to €9,222
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 | €16,261 | €22,492 | +€6,231 | +38.3% |
| Fixed assets | 21/28 | - | €2,600 | +€2,600 | |
| Tangible fixed assets | 22/27 | - | €2,600 | +€2,600 | |
| Furniture and vehicles | 24 | - | €2,600 | +€2,600 | |
| Current assets | 29/58 | €16,261 | €19,892 | +€3,631 | +22.3% |
| Amounts receivable within one year | 40/41 | €612 | €973 | +€361 | +58.9% |
| Other amounts receivable | 41 | €612 | €973 | +€361 | +58.9% |
| Cash at bank and in hand | 54/58 | €15,396 | €18,738 | +€3,341 | +21.7% |
| Deferred charges and accrued income | 490/1 | €253 | €182 | -€71 | -28.1% |
| Total equity and liabilities | 10/49 | €16,261 | €22,492 | +€6,231 | +38.3% |
| Equity | 10/15 | €13,516 | €20,164 | +€6,648 | +49.2% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €2,316 | €8,964 | +€6,648 | +287% |
| Distributable reserves | 133 | €2,316 | €8,964 | +€6,648 | +287% |
| Amounts payable | 17/49 | €2,746 | €2,329 | -€417 | -15.2% |
| Amounts payable within one year | 42/48 | €2,746 | €2,329 | -€417 | -15.2% |
| Trade debts | 44 | €721 | €663 | -€58 | -8.1% |
| Suppliers | 440/4 | €721 | €663 | -€58 | -8.1% |
| Other amounts payable | 47/48 | €2,025 | €1,666 | -€359 | -17.7% |
| Other operating charges | 640/8 | €679 | €738 | +€59 | +8.7% |
| Gross operating margin | 9900 | €3,492 | €9,222 | +€5,731 | +164% |
| Operating profit (loss) | 9901 | €2,812 | €8,484 | +€5,672 | +202% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €238 | €170 | -€68 | -28.6% |
| Recurring financial charges | 65 | €238 | €170 | -€68 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €2,575 | €8,314 | +€5,740 | +223% |
| Profit (loss) for the period | 9904 | €2,575 | €8,314 | +€5,740 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €2,575 | €8,314 | +€5,740 | +223% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.