SEACRETS SEAFOOD: 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.
SEACRETS SEAFOOD
Largest movements
- Tangible fixed assets -€603,074
down €603,074 (-14.4%), from €4.2m to €3.6m
of which Plant, machinery and equipment: -€378,441
- Receivables within one year -€439,067
down €439,067 (-81.4%), from €539,568 to €100,500
of which Trade receivables: -€429,632
- Financial fixed assets +€232,746
new in 2025: €232,746
- Debts after one year -€1.3m
down €1.3m (-26.9%), from €4.7m to €3.5m
of which Other amounts payable: -€957,302
- Profit (loss) carried forward +€352,387
up €352,387 (+95.2%), from -€370,096 to -€17,709
- Tax, wage and social debts +€89,111
up €89,111 (+5,150%), from €1,730 to €90,842
- Accrued charges and deferred income -€73,797
down €73,797 (-86.5%), from €85,326 to €11,529
- Trade debts +€50,076
up €50,076 (+113%), from €44,337 to €94,413
- Financial income -€720,689
down €720,689 (-58.7%), from €1.2m to €507,166
of which Non-recurring financial income: -€721,810
- Gross operating margin +€247,388
up €247,388 (+251%), from €98,523 to €345,911
- Other operating charges -€168,852
down €168,852 (-85.9%), from €196,552 to €27,700
- Financial charges -€17,525
down €17,525 (-10.9%), from €160,899 to €143,375
- Depreciation +€17,496
up €17,496 (+5.6%), from €312,121 to €329,616
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,815,499 | €3,964,902 | -€850,597 | -17.7% |
| Formation expenses | 20 | €586 | €0 | -€586 | -100% |
| Fixed assets | 21/28 | €4,187,031 | €3,815,989 | -€371,043 | -8.9% |
| Intangible fixed assets | 21 | €1,623 | €908 | -€715 | -44.0% |
| Tangible fixed assets | 22/27 | €4,185,408 | €3,582,334 | -€603,074 | -14.4% |
| Land and buildings | 22 | €1,730,108 | €1,730,837 | +€730 | 0.0% |
| Plant, machinery and equipment | 23 | €378,441 | €0 | -€378,441 | -100% |
| Furniture and vehicles | 24 | €15,005 | €0 | -€15,005 | -100% |
| Leasing and similar rights | 25 | €2,061,855 | €1,851,497 | -€210,358 | -10.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €232,746 | +€232,746 | |
| Current assets | 29/58 | €627,882 | €148,913 | -€478,968 | -76.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €539,568 | €100,500 | -€439,067 | -81.4% |
| Trade receivables | 40 | €430,133 | €500 | -€429,632 | -99.9% |
| Other amounts receivable | 41 | €109,435 | €100,000 | -€9,435 | -8.6% |
| Cash at bank and in hand | 54/58 | €71,592 | €27,308 | -€44,284 | -61.9% |
| Deferred charges and accrued income | 490/1 | €16,722 | €21,105 | +€4,383 | +26.2% |
| Total equity and liabilities | 10/49 | €4,815,499 | €3,964,902 | -€850,597 | -17.7% |
| Equity | 10/15 | -€308,596 | €43,791 | +€352,387 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€370,096 | -€17,709 | +€352,387 | +95.2% |
| Amounts payable | 17/49 | €5,124,095 | €3,921,111 | -€1.2m | -23.5% |
| Amounts payable after more than one year | 17 | €4,744,786 | €3,467,218 | -€1.3m | -26.9% |
| Financial debts | 170/4 | €3,007,974 | €2,687,709 | -€320,266 | -10.6% |
| Other amounts payable | 178/9 | €1,736,812 | €779,510 | -€957,302 | -55.1% |
| Amounts payable within one year | 42/48 | €293,982 | €442,364 | +€148,382 | +50.5% |
| Current portion of amounts payable after more than one year | 42 | €247,914 | €257,110 | +€9,195 | +3.7% |
| Trade debts | 44 | €44,337 | €94,413 | +€50,076 | +113% |
| Suppliers | 440/4 | €44,337 | €94,413 | +€50,076 | +113% |
| Taxes, remuneration and social security | 45 | €1,730 | €90,842 | +€89,111 | +5,150% |
| Taxes | 450/3 | €1,730 | €90,842 | +€89,111 | +5,150% |
| Accrued charges and deferred income | 492/3 | €85,326 | €11,529 | -€73,797 | -86.5% |
| Remuneration, social security and pensions | 62 | €4,552 | €0 | -€4,552 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312,121 | €329,616 | +€17,496 | +5.6% |
| Other operating charges | 640/8 | €196,552 | €27,700 | -€168,852 | -85.9% |
| Gross operating margin | 9900 | €98,523 | €345,911 | +€247,388 | +251% |
| Operating profit (loss) | 9901 | -€414,701 | -€11,405 | +€403,296 | +97.2% |
| Financial income | 75/76B | €1,227,855 | €507,166 | -€720,689 | -58.7% |
| Recurring financial income | 75 | €6,045 | €7,166 | +€1,121 | +18.5% |
| Non-recurring financial income | 76B | €1,221,810 | €500,000 | -€721,810 | -59.1% |
| Financial charges | 65/66B | €160,899 | €143,375 | -€17,525 | -10.9% |
| Recurring financial charges | 65 | €160,899 | €143,375 | -€17,525 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €652,255 | €352,387 | -€299,868 | -46.0% |
| Income taxes | 67/77 | €375 | €0 | -€375 | -100% |
| Profit (loss) for the period | 9904 | €651,880 | €352,387 | -€299,493 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €651,880 | €352,387 | -€299,493 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.