SEAGEL CONSULTANCY: 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.
SEAGEL CONSULTANCY
Largest movements
- Receivables within one year -€2,481
down €2,481 (-49.4%), from €5,019 to €2,538
of which Trade receivables: -€2,406
- Cash +€975
up €975 (+188%), from €518 to €1,493
mainly Net result for the year (+€18,611) and Receivables within one year (+€2,481)
- Tangible fixed assets -€363
down €363 (-30.0%), from €1,211 to €848
- Debts after one year -€20,310
down €20,310 (-9.6%), from €210,830 to €190,520
- Profit (loss) carried forward +€18,611
up €18,611 (+8.2%), from -€225,708 to -€207,097
- Other debts -€605
down €605 (-47.1%), from €1,284 to €679
- Trade debts +€404
up €404 (+408%), from €99 to €503
- Gross operating margin -€8,553
down €8,553 (-29.6%), from €28,887 to €20,334
- Turnover -€7,977
down €7,977 (-22.2%), from €35,980 to €28,003
- Purchases and services +€576
up €576 (+8.1%), from €7,093 to €7,669
- Other operating charges +€513
up €513 (+80.4%), from €638 to €1,151
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 | €6,748 | €4,879 | -€1,869 | -27.7% |
| Fixed assets | 21/28 | €1,211 | €848 | -€363 | -30.0% |
| Tangible fixed assets | 22/27 | €1,211 | €848 | -€363 | -30.0% |
| Plant, machinery and equipment | 23 | €1,211 | €848 | -€363 | -30.0% |
| Current assets | 29/58 | €5,537 | €4,031 | -€1,506 | -27.2% |
| Amounts receivable within one year | 40/41 | €5,019 | €2,538 | -€2,481 | -49.4% |
| Trade receivables | 40 | €4,944 | €2,538 | -€2,406 | -48.7% |
| Other amounts receivable | 41 | €75 | - | -€75 | |
| Cash at bank and in hand | 54/58 | €518 | €1,493 | +€975 | +188% |
| Total equity and liabilities | 10/49 | €6,748 | €4,879 | -€1,869 | -27.7% |
| Equity | 10/15 | -€206,868 | -€188,257 | +€18,611 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240 | €240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €240 | €240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €240 | €240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,708 | -€207,097 | +€18,611 | +8.2% |
| Amounts payable | 17/49 | €213,616 | €193,136 | -€20,480 | -9.6% |
| Amounts payable after more than one year | 17 | €210,830 | €190,520 | -€20,310 | -9.6% |
| Other amounts payable | 178/9 | €210,830 | €190,520 | -€20,310 | -9.6% |
| Amounts payable within one year | 42/48 | €2,786 | €2,616 | -€170 | -6.1% |
| Trade debts | 44 | €99 | €503 | +€404 | +408% |
| Suppliers | 440/4 | €99 | €503 | +€404 | +408% |
| Taxes, remuneration and social security | 45 | €1,403 | €1,434 | +€31 | +2.2% |
| Taxes | 450/3 | €1,403 | €1,434 | +€31 | +2.2% |
| Other amounts payable | 47/48 | €1,284 | €679 | -€605 | -47.1% |
| Turnover | 70 | €35,980 | €28,003 | -€7,977 | -22.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,093 | €7,669 | +€576 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €363 | +€121 | +50.0% |
| Other operating charges | 640/8 | €638 | €1,151 | +€513 | +80.4% |
| Gross operating margin | 9900 | €28,887 | €20,334 | -€8,553 | -29.6% |
| Operating profit (loss) | 9901 | €28,007 | €18,820 | -€9,187 | -32.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €101 | €209 | +€108 | +107% |
| Recurring financial charges | 65 | €101 | €209 | +€108 | +107% |
| Profit (loss) for the period before taxes | 9903 | €27,907 | €18,611 | -€9,296 | -33.3% |
| Profit (loss) for the period | 9904 | €27,907 | €18,611 | -€9,296 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,907 | €18,611 | -€9,296 | -33.3% |
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 31 October 2026 via checked.be.