iSEEK: 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.
iSEEK
Largest movements
- Receivables within one year -€28,355
down €28,355 (-43.1%), from €65,789 to €37,435
of which Other amounts receivable: -€29,997
- Tangible fixed assets -€6,950
down €6,950 (-44.5%), from €15,611 to €8,661
of which Furniture and vehicles: -€6,535
- Cash -€6,179
down €6,179 (-47.8%), from €12,915 to €6,736
mainly Other debts (-€32,321) and Contributions, distributions and other (-€25,000)
- Other debts -€32,321
down €32,321 (-90.5%), from €35,700 to €3,379
- Profit (loss) carried forward -€4,622
down €4,622 (-95.7%), from €4,832 to €210
- Tax, wage and social debts -€3,591
down €3,591 (-40.7%), from €8,817 to €5,226
- Trade debts -€1,479
down €1,479 (-92.9%), from €1,593 to €114
- Provisions +€1,125
up €1,125 (+3.5%), from €32,028 to €33,154
- Gross operating margin -€28,616
down €28,616 (-28.5%), from €100,464 to €71,848
- Taxes -€5,946
down €5,946 (-42.6%), from €13,962 to €8,015
- Depreciation +€2,831
up €2,831 (+51.3%), from €5,518 to €8,349
- Provisions -€2,704
down €2,704 (-70.6%), from €3,829 to €1,125
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 | €101,570 | €60,681 | -€40,889 | -40.3% |
| Fixed assets | 21/28 | €20,611 | €13,661 | -€6,950 | -33.7% |
| Tangible fixed assets | 22/27 | €15,611 | €8,661 | -€6,950 | -44.5% |
| Furniture and vehicles | 24 | €13,330 | €6,794 | -€6,535 | -49.0% |
| Other tangible fixed assets | 26 | €2,281 | €1,866 | -€415 | -18.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €80,959 | €47,020 | -€33,939 | -41.9% |
| Amounts receivable within one year | 40/41 | €65,789 | €37,435 | -€28,355 | -43.1% |
| Trade receivables | 40 | €31,763 | €33,405 | +€1,642 | +5.2% |
| Other amounts receivable | 41 | €34,027 | €4,030 | -€29,997 | -88.2% |
| Cash at bank and in hand | 54/58 | €12,915 | €6,736 | -€6,179 | -47.8% |
| Deferred charges and accrued income | 490/1 | €2,255 | €2,849 | +€594 | +26.3% |
| Total equity and liabilities | 10/49 | €101,570 | €60,681 | -€40,889 | -40.3% |
| Equity | 10/15 | €23,432 | €18,810 | -€4,622 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,832 | €210 | -€4,622 | -95.7% |
| Provisions and deferred taxes | 16 | €32,028 | €33,154 | +€1,125 | +3.5% |
| Provisions for liabilities and charges | 160/5 | €32,028 | €33,154 | +€1,125 | +3.5% |
| Other liabilities and charges | 164/5 | €32,028 | €33,154 | +€1,125 | +3.5% |
| Amounts payable | 17/49 | €46,109 | €8,718 | -€37,392 | -81.1% |
| Amounts payable within one year | 42/48 | €46,109 | €8,718 | -€37,392 | -81.1% |
| Trade debts | 44 | €1,593 | €114 | -€1,479 | -92.9% |
| Suppliers | 440/4 | €1,593 | €114 | -€1,479 | -92.9% |
| Taxes, remuneration and social security | 45 | €8,817 | €5,226 | -€3,591 | -40.7% |
| Taxes | 450/3 | €8,817 | €5,226 | -€3,591 | -40.7% |
| Other amounts payable | 47/48 | €35,700 | €3,379 | -€32,321 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,518 | €8,349 | +€2,831 | +51.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,829 | €1,125 | -€2,704 | -70.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €100,464 | €71,848 | -€28,616 | -28.5% |
| Operating profit (loss) | 9901 | €90,729 | €61,974 | -€28,755 | -31.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €34,265 | €33,583 | -€682 | -2.0% |
| Recurring financial charges | 65 | €34,265 | €33,583 | -€682 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €56,464 | €28,393 | -€28,071 | -49.7% |
| Income taxes | 67/77 | €13,962 | €8,015 | -€5,946 | -42.6% |
| Profit (loss) for the period | 9904 | €42,502 | €20,378 | -€22,125 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,502 | €20,378 | -€22,125 | -52.1% |
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 18 October 2026 via checked.be.