SEA CONSULT: 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.
SEA CONSULT
Largest movements
- Receivables within one year +€60,904
up €60,904 (+113%), from €53,908 to €114,813
of which Other amounts receivable: +€34,102
- Receivables after one year -€26,523
down €26,523 (-42.0%), from €63,206 to €36,683
- Tangible fixed assets -€13,878
down €13,878 (-39.6%), from €35,041 to €21,163
of which Furniture and vehicles: -€12,678
- Cash -€7,439
down €7,439 (-19.9%), from €37,419 to €29,981
mainly Contributions, distributions and other (-€117,647) and Receivables within one year (-€60,904)
- Other debts +€100,901
new in 2025: €100,901
- Profit (loss) carried forward -€60,351
down €60,351 (-50.4%), from €119,850 to €59,499
- Trade debts -€28,059
down €28,059 (-94.3%), from €29,757 to €1,699
- Gross operating margin +€25,391
up €25,391 (+37.7%), from €67,378 to €92,769
- Taxes +€5,324
up €5,324 (+45.6%), from €11,679 to €17,003
- Other operating charges +€4,817
up €4,817 (+1,094%), from €440 to €5,258
- Depreciation -€2,564
down €2,564 (-14.2%), from €18,110 to €15,546
- Financial income -€1,055
down €1,055 (-30.3%), from €3,480 to €2,425
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 | €190,340 | €203,896 | +€13,556 | +7.1% |
| Fixed assets | 21/28 | €35,091 | €21,213 | -€13,878 | -39.5% |
| Tangible fixed assets | 22/27 | €35,041 | €21,163 | -€13,878 | -39.6% |
| Land and buildings | 22 | €11,599 | €10,399 | -€1,200 | -10.3% |
| Furniture and vehicles | 24 | €23,442 | €10,764 | -€12,678 | -54.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €155,249 | €182,683 | +€27,434 | +17.7% |
| Amounts receivable after more than one year | 29 | €63,206 | €36,683 | -€26,523 | -42.0% |
| Other amounts receivable | 291 | €63,206 | €36,683 | -€26,523 | -42.0% |
| Amounts receivable within one year | 40/41 | €53,908 | €114,813 | +€60,904 | +113% |
| Trade receivables | 40 | €1,224 | €28,026 | +€26,802 | +2,190% |
| Other amounts receivable | 41 | €52,684 | €86,786 | +€34,102 | +64.7% |
| Cash at bank and in hand | 54/58 | €37,419 | €29,981 | -€7,439 | -19.9% |
| Deferred charges and accrued income | 490/1 | €715 | €1,206 | +€492 | +68.8% |
| Total equity and liabilities | 10/49 | €190,340 | €203,896 | +€13,556 | +7.1% |
| Equity | 10/15 | €121,850 | €61,499 | -€60,351 | -49.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,850 | €59,499 | -€60,351 | -50.4% |
| Amounts payable | 17/49 | €68,490 | €142,397 | +€73,907 | +108% |
| Amounts payable within one year | 42/48 | €68,490 | €142,397 | +€73,907 | +108% |
| Trade debts | 44 | €29,757 | €1,699 | -€28,059 | -94.3% |
| Suppliers | 440/4 | €29,757 | €1,699 | -€28,059 | -94.3% |
| Taxes, remuneration and social security | 45 | €38,733 | €39,797 | +€1,064 | +2.7% |
| Taxes | 450/3 | €33,973 | €39,797 | +€5,824 | +17.1% |
| Remuneration and social security | 454/9 | €4,760 | €0 | -€4,760 | -100% |
| Other amounts payable | 47/48 | - | €100,901 | +€100,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,110 | €15,546 | -€2,564 | -14.2% |
| Other operating charges | 640/8 | €440 | €5,258 | +€4,817 | +1,094% |
| Gross operating margin | 9900 | €67,378 | €92,769 | +€25,391 | +37.7% |
| Operating profit (loss) | 9901 | €48,828 | €71,966 | +€23,138 | +47.4% |
| Financial income | 75/76B | €3,480 | €2,425 | -€1,055 | -30.3% |
| Recurring financial income | 75 | €3,480 | €2,425 | -€1,055 | -30.3% |
| Financial charges | 65/66B | €59 | €91 | +€33 | +55.4% |
| Recurring financial charges | 65 | €59 | €91 | +€33 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | €52,249 | €74,299 | +€22,050 | +42.2% |
| Income taxes | 67/77 | €11,679 | €17,003 | +€5,324 | +45.6% |
| Profit (loss) for the period | 9904 | €40,570 | €57,296 | +€16,726 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,570 | €57,296 | +€16,726 | +41.2% |
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.