Seaconnect: 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.
Seaconnect
Largest movements
- Cash -€1,336
down €1,336 (-77.3%), from €1,728 to €392
mainly Net result for the year (-€1,331) and Trade debts (-€233)
- Receivables within one year -€228
down €228 (-5.0%), from €4,587 to €4,359
of which Trade receivables: -€4,238
- Profit (loss) carried forward -€1,331
down €1,331 (-28.7%), from -€4,642 to -€5,973
- Trade debts -€233
down €233 (-24.3%), from €957 to €724
- Gross operating margin -€175
down €175 (-46.6%), from -€375 to -€550
- Financial charges +€59
up €59 (+33.2%), from €179 to €238
- Other operating charges -€25
down €25 (-4.5%), from €569 to €544
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 | €6,315 | €4,751 | -€1,564 | -24.8% |
| Current assets | 29/58 | €6,315 | €4,751 | -€1,564 | -24.8% |
| Amounts receivable within one year | 40/41 | €4,587 | €4,359 | -€228 | -5.0% |
| Trade receivables | 40 | €4,238 | €0 | -€4,238 | -100% |
| Other amounts receivable | 41 | €349 | €4,359 | +€4,010 | +1,149% |
| Cash at bank and in hand | 54/58 | €1,728 | €392 | -€1,336 | -77.3% |
| Total equity and liabilities | 10/49 | €6,315 | €4,751 | -€1,564 | -24.8% |
| Equity | 10/15 | €5,358 | €4,027 | -€1,331 | -24.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,642 | -€5,973 | -€1,331 | -28.7% |
| Amounts payable | 17/49 | €957 | €724 | -€233 | -24.3% |
| Amounts payable within one year | 42/48 | €957 | €724 | -€233 | -24.3% |
| Trade debts | 44 | €957 | €724 | -€233 | -24.3% |
| Suppliers | 440/4 | €957 | €724 | -€233 | -24.3% |
| Other operating charges | 640/8 | €569 | €544 | -€25 | -4.5% |
| Gross operating margin | 9900 | -€375 | -€550 | -€175 | -46.6% |
| Operating profit (loss) | 9901 | -€944 | -€1,093 | -€149 | -15.8% |
| Financial charges | 65/66B | €179 | €238 | +€59 | +33.2% |
| Recurring financial charges | 65 | €179 | €238 | +€59 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,123 | -€1,331 | -€209 | -18.6% |
| Profit (loss) for the period | 9904 | -€1,123 | -€1,331 | -€209 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,123 | -€1,331 | -€209 | -18.6% |
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 14 October 2026 via checked.be.