SEAD Impulse: 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.
SEAD Impulse
Largest movements
- Cash -€12,409
down €12,409 (-52.8%), from €23,499 to €11,090
mainly Net result for the year (-€13,299) and Receivables within one year (-€93)
- Profit (loss) carried forward -€13,299
down €13,299 (-60.5%), from €21,990 to €8,691
- Other debts +€1,000
new in 2024: €1,000
- Gross operating margin -€8,126
down €8,126 (-371.7%), from -€2,186 to -€10,312
- Purchases and services -€2,186
no longer reported in 2024 (was €2,186)
- Taxes +€2,097
new in 2024: €2,097
- Financial charges +€291
up €291 (+269.4%), from €108 to €399
- Depreciation -€278
no longer reported in 2024 (was €278)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,007 | €11,691 | -€12,316 | -51.3% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €23,957 | €11,641 | -€12,316 | -51.4% |
| Amounts receivable within one year | 40/41 | €458 | €551 | +€93 | +20.3% |
| Trade receivables | 40 | €91 | €484 | +€393 | +431.9% |
| Other amounts receivable | 41 | €367 | €67 | -€300 | -81.7% |
| Cash at bank and in hand | 54/58 | €23,499 | €11,090 | -€12,409 | -52.8% |
| Total equity and liabilities | 10/49 | €24,007 | €11,691 | -€12,316 | -51.3% |
| Equity | 10/15 | €23,990 | €10,691 | -€13,299 | -55.4% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,990 | €8,691 | -€13,299 | -60.5% |
| Amounts payable | 17/49 | €17 | €1,000 | +€983 | +5782.4% |
| Amounts payable within one year | 42/48 | €17 | €1,000 | +€983 | +5782.4% |
| Trade debts | 44 | €17 | - | -€17 | |
| Suppliers | 440/4 | €17 | - | -€17 | |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,186 | - | -€2,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | - | -€278 | |
| Other operating charges | 640/8 | €386 | €387 | +€1 | +0.3% |
| Non-recurring operating charges | 66A | - | €104 | +€104 | |
| Gross operating margin | 9900 | -€2,186 | -€10,312 | -€8,126 | -371.7% |
| Operating profit (loss) | 9901 | -€2,850 | -€10,803 | -€7,953 | -279.1% |
| Financial charges | 65/66B | €108 | €399 | +€291 | +269.4% |
| Recurring financial charges | 65 | €108 | €399 | +€291 | +269.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,958 | -€11,202 | -€8,244 | -278.7% |
| Income taxes | 67/77 | - | €2,097 | +€2,097 | |
| Profit (loss) for the period | 9904 | -€2,958 | -€13,299 | -€10,341 | -349.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,958 | -€13,299 | -€10,341 | -349.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.