Seal Solutions: 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.
Seal Solutions
Largest movements
- Receivables within one year +€69,866
up €69,866 (+10.5%), from €663,834 to €733,700
of which Other amounts receivable: +€65,941
- Other debts +€46,033
up €46,033 (+4.2%), from €1.1m to €1.1m
- Profit (loss) carried forward +€17,420
up €17,420 (+15.8%), from €109,904 to €127,324
- Financial income +€24,126
up €24,126 (+1365.4%), from €1,767 to €25,893
- Taxes +€4,825
up €4,825 (+977.6%), from €494 to €5,319
- Gross operating margin +€1,208
up €1,208 (+13.8%), from €8,745 to €9,953
- Depreciation +€422
up €422 (+4.0%), from €10,428 to €10,850
- Other operating charges -€159
down €159 (-13.2%), from €1,205 to €1,047
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.
Cash bridge derived
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 | €1,224,099 | €1,283,359 | +€59,260 | +4.8% |
| Fixed assets | 21/28 | €516,501 | €511,287 | -€5,214 | -1.0% |
| Tangible fixed assets | 22/27 | €166,501 | €161,287 | -€5,214 | -3.1% |
| Land and buildings | 22 | €149,402 | €141,662 | -€7,740 | -5.2% |
| Plant, machinery and equipment | 23 | €2,356 | €1,255 | -€1,101 | -46.7% |
| Furniture and vehicles | 24 | - | €5,545 | +€5,545 | |
| Other tangible fixed assets | 26 | €14,744 | €12,825 | -€1,918 | -13.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €707,598 | €772,073 | +€64,475 | +9.1% |
| Amounts receivable within one year | 40/41 | €663,834 | €733,700 | +€69,866 | +10.5% |
| Trade receivables | 40 | €3,267 | €7,192 | +€3,925 | +120.1% |
| Other amounts receivable | 41 | €660,567 | €726,508 | +€65,941 | +10.0% |
| Cash at bank and in hand | 54/58 | €41,881 | €36,845 | -€5,036 | -12.0% |
| Deferred charges and accrued income | 490/1 | €1,883 | €1,528 | -€355 | -18.9% |
| Total equity and liabilities | 10/49 | €1,224,099 | €1,283,359 | +€59,260 | +4.8% |
| Equity | 10/15 | €124,164 | €141,584 | +€17,420 | +14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,904 | €127,324 | +€17,420 | +15.8% |
| Amounts payable | 17/49 | €1,099,934 | €1,141,775 | +€41,841 | +3.8% |
| Amounts payable within one year | 42/48 | €1,099,934 | €1,141,775 | +€41,841 | +3.8% |
| Trade debts | 44 | €3,040 | €2,212 | -€828 | -27.2% |
| Suppliers | 440/4 | €3,040 | €2,212 | -€828 | -27.2% |
| Taxes, remuneration and social security | 45 | €10,061 | €6,697 | -€3,364 | -33.4% |
| Taxes | 450/3 | €4,516 | €6,697 | +€2,181 | +48.3% |
| Remuneration and social security | 454/9 | €5,545 | €0 | -€5,545 | -100.0% |
| Other amounts payable | 47/48 | €1,086,833 | €1,132,867 | +€46,033 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,428 | €10,850 | +€422 | +4.0% |
| Other operating charges | 640/8 | €1,205 | €1,047 | -€159 | -13.2% |
| Non-recurring operating charges | 66A | - | €904 | +€904 | |
| Gross operating margin | 9900 | €8,745 | €9,953 | +€1,208 | +13.8% |
| Operating profit (loss) | 9901 | -€2,888 | -€2,848 | +€41 | +1.4% |
| Financial income | 75/76B | €1,767 | €25,893 | +€24,126 | +1365.4% |
| Recurring financial income | 75 | €1,767 | €25,893 | +€24,126 | +1365.4% |
| Financial charges | 65/66B | €313 | €307 | -€6 | -1.9% |
| Recurring financial charges | 65 | €313 | €307 | -€6 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,434 | €22,738 | +€24,172 | |
| Income taxes | 67/77 | €494 | €5,319 | +€4,825 | +977.6% |
| Profit (loss) for the period | 9904 | -€1,928 | €17,420 | +€19,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,928 | €17,420 | +€19,347 |
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 10 October 2026 via checked.be.