iSEEK4: 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.
iSEEK4
Largest movements
- Financial fixed assets -€99,999
down €99,999 (-100%), from €99,999 to €0
- Cash -€85,227
down €85,227 (-79.6%), from €107,032 to €21,804
mainly Other debts (-€62,642) and Debts after one year (-€44,985)
- Tangible fixed assets +€8,224
up €8,224 (+176%), from €4,679 to €12,902
of which Furniture and vehicles: +€8,787
- Receivables within one year +€4,846
up €4,846 (+30.2%), from €16,038 to €20,884
of which Trade receivables: +€2,876
- Other debts -€62,642
down €62,642 (-91.7%), from €68,331 to €5,689
- Debts after one year -€44,985
down €44,985 (-100%), from €44,985 to €0
- Reserves -€42,488
down €42,488 (-46.5%), from €91,404 to €48,916
- Tax, wage and social debts -€11,383
down €11,383 (-97.4%), from €11,683 to €300
- Current portion of long-term debt -€11,261
down €11,261 (-100%), from €11,261 to €0
- Taxes -€10,093
down €10,093 (-71.6%), from €14,088 to €3,994
- Gross operating margin -€3,484
down €3,484 (-4.9%), from €70,908 to €67,423
- Depreciation +€1,300
up €1,300 (+76.6%), from €1,697 to €2,997
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 | €230,995 | €57,624 | -€173,372 | -75.1% |
| Fixed assets | 21/28 | €104,678 | €12,902 | -€91,775 | -87.7% |
| Tangible fixed assets | 22/27 | €4,679 | €12,902 | +€8,224 | +176% |
| Plant, machinery and equipment | 23 | €1,952 | €1,389 | -€563 | -28.9% |
| Furniture and vehicles | 24 | €2,726 | €11,514 | +€8,787 | +322% |
| Financial fixed assets | 28 | €99,999 | €0 | -€99,999 | -100% |
| Current assets | 29/58 | €126,318 | €44,721 | -€81,596 | -64.6% |
| Amounts receivable within one year | 40/41 | €16,038 | €20,884 | +€4,846 | +30.2% |
| Trade receivables | 40 | €11,644 | €14,520 | +€2,876 | +24.7% |
| Other amounts receivable | 41 | €4,393 | €6,364 | +€1,970 | +44.8% |
| Cash at bank and in hand | 54/58 | €107,032 | €21,804 | -€85,227 | -79.6% |
| Deferred charges and accrued income | 490/1 | €3,248 | €2,034 | -€1,215 | -37.4% |
| Total equity and liabilities | 10/49 | €230,995 | €57,624 | -€173,372 | -75.1% |
| Equity | 10/15 | €93,904 | €51,416 | -€42,488 | -45.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €91,404 | €48,916 | -€42,488 | -46.5% |
| Distributable reserves | 133 | €91,404 | €48,916 | -€42,488 | -46.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,092 | €6,208 | -€130,884 | -95.5% |
| Amounts payable after more than one year | 17 | €44,985 | €0 | -€44,985 | -100% |
| Financial debts | 170/4 | €44,985 | €0 | -€44,985 | -100% |
| Amounts payable within one year | 42/48 | €92,106 | €6,208 | -€85,898 | -93.3% |
| Current portion of amounts payable after more than one year | 42 | €11,261 | €0 | -€11,261 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €830 | €219 | -€612 | -73.7% |
| Suppliers | 440/4 | €830 | €219 | -€612 | -73.7% |
| Taxes, remuneration and social security | 45 | €11,683 | €300 | -€11,383 | -97.4% |
| Taxes | 450/3 | €11,683 | €300 | -€11,383 | -97.4% |
| Other amounts payable | 47/48 | €68,331 | €5,689 | -€62,642 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,697 | €2,997 | +€1,300 | +76.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €222 | +€222 | |
| Other operating charges | 640/8 | €323 | €752 | +€429 | +133% |
| Non-recurring operating charges | 66A | - | €99,999 | +€99,999 | |
| Gross operating margin | 9900 | €70,908 | €67,423 | -€3,484 | -4.9% |
| Operating profit (loss) | 9901 | €68,888 | -€36,546 | -€105,434 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -84.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -84.3% |
| Financial charges | 65/66B | €2,164 | €1,948 | -€217 | -10.0% |
| Recurring financial charges | 65 | €2,164 | €1,948 | -€217 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €66,725 | -€38,493 | -€105,219 | |
| Income taxes | 67/77 | €14,088 | €3,994 | -€10,093 | -71.6% |
| Profit (loss) for the period | 9904 | €52,638 | -€42,488 | -€95,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,638 | -€42,488 | -€95,125 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.