Sea Clean: what changed
Two fiscal 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.
Sea Clean
Largest movements
- Receivables within one year +€40,703
up €40,703 (+126.8%), from €32,091 to €72,794
of which Other amounts receivable: +€50,689
- Tangible fixed assets -€19,254
down €19,254 (-52.5%), from €36,654 to €17,400
of which Other tangible fixed assets: -€11,561
- Receivables after one year +€13,250
up €13,250 (+66.3%), from €20,000 to €33,250
- Cash -€2,246
down €2,246 (-67.3%), from €3,339 to €1,093
mainly Receivables within one year (-€40,703) and Receivables after one year (-€13,250)
- Deferred charges and accrued income -€1,442
down €1,442 (-78.1%), from €1,846 to €404
- Tax, wage and social debts +€29,864
up €29,864 (+160.6%), from €18,597 to €48,460
- Reserves +€14,591
up €14,591 (+61.9%), from €23,565 to €38,157
of which Distributable reserves: +€14,591
- Trade debts -€6,996
down €6,996 (-26.2%), from €26,720 to €19,724
- Other debts -€4,736
no longer reported in 2025 (was €4,736)
- Current portion of long-term debt -€1,713
no longer reported in 2025 (was €1,713)
- Gross operating margin +€11,244
up €11,244 (+22.7%), from €49,501 to €60,745
- Other operating charges +€3,975
up €3,975 (+220.9%), from €1,800 to €5,775
- Financial charges -€3,547
down €3,547 (-32.0%), from €11,082 to €7,535
- Depreciation -€2,782
down €2,782 (-63.7%), from €4,368 to €1,586
- Financial income +€1,282
up €1,282 (+27277.7%), from €5 to €1,287
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.
Cash bridge derived
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 | €93,931 | €124,941 | +€31,010 | +33.0% |
| Fixed assets | 21/28 | €36,654 | €17,400 | -€19,254 | -52.5% |
| Tangible fixed assets | 22/27 | €36,654 | €17,400 | -€19,254 | -52.5% |
| Plant, machinery and equipment | 23 | €6,060 | €8,861 | +€2,801 | +46.2% |
| Furniture and vehicles | 24 | €10,494 | - | -€10,494 | |
| Other tangible fixed assets | 26 | €20,100 | €8,539 | -€11,561 | -57.5% |
| Current assets | 29/58 | €57,276 | €107,541 | +€50,264 | +87.8% |
| Amounts receivable after more than one year | 29 | €20,000 | €33,250 | +€13,250 | +66.3% |
| Other amounts receivable | 291 | €20,000 | €33,250 | +€13,250 | +66.3% |
| Amounts receivable within one year | 40/41 | €32,091 | €72,794 | +€40,703 | +126.8% |
| Trade receivables | 40 | €30,742 | €20,756 | -€9,986 | -32.5% |
| Other amounts receivable | 41 | €1,349 | €52,038 | +€50,689 | +3757.3% |
| Cash at bank and in hand | 54/58 | €3,339 | €1,093 | -€2,246 | -67.3% |
| Deferred charges and accrued income | 490/1 | €1,846 | €404 | -€1,442 | -78.1% |
| Total equity and liabilities | 10/49 | €93,931 | €124,941 | +€31,010 | +33.0% |
| Equity | 10/15 | €42,165 | €56,757 | +€14,591 | +34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,565 | €38,157 | +€14,591 | +61.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,705 | €36,297 | +€14,591 | +67.2% |
| Amounts payable | 17/49 | €51,765 | €68,185 | +€16,419 | +31.7% |
| Amounts payable within one year | 42/48 | €51,765 | €68,185 | +€16,419 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €1,713 | - | -€1,713 | |
| Trade debts | 44 | €26,720 | €19,724 | -€6,996 | -26.2% |
| Suppliers | 440/4 | €26,720 | €19,724 | -€6,996 | -26.2% |
| Taxes, remuneration and social security | 45 | €18,597 | €48,460 | +€29,864 | +160.6% |
| Taxes | 450/3 | €18,597 | €48,460 | +€29,864 | +160.6% |
| Other amounts payable | 47/48 | €4,736 | - | -€4,736 | |
| Non-recurring operating income | 76A | - | €9,500 | +€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,368 | €1,586 | -€2,782 | -63.7% |
| Other operating charges | 640/8 | €1,800 | €5,775 | +€3,975 | +220.9% |
| Non-recurring operating charges | 66A | - | €20,044 | +€20,044 | |
| Gross operating margin | 9900 | €49,501 | €60,745 | +€11,244 | +22.7% |
| Operating profit (loss) | 9901 | €43,333 | €33,339 | -€9,994 | -23.1% |
| Financial income | 75/76B | €5 | €1,287 | +€1,282 | +27277.7% |
| Recurring financial income | 75 | €5 | €1,287 | +€1,282 | +27277.7% |
| Financial charges | 65/66B | €11,082 | €7,535 | -€3,547 | -32.0% |
| Recurring financial charges | 65 | €11,082 | €7,535 | -€3,547 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €32,256 | €27,091 | -€5,164 | -16.0% |
| Profit (loss) for the period | 9904 | €32,256 | €27,091 | -€5,164 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,256 | €27,091 | -€5,164 | -16.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.