SEALAND: 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.
SEALAND
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Contributions +€1.0m
up €1.0m (+1,653%), from €61,500 to €1.1m
- Debts after one year -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Profit (loss) carried forward -€78,311
down €78,311 (-90.1%), from -€86,888 to -€165,199
- Accrued charges and deferred income +€71,560
up €71,560 (+91.1%), from €78,587 to €150,148
- Financial income -€14,701
down €14,701 (-99.6%), from €14,753 to €52
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 | €1,076,271 | €1,068,443 | -€7,829 | -0.7% |
| Fixed assets | 21/28 | €1,059,500 | €1,059,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,059,500 | €1,059,500 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1,059,500 | €1,059,500 | = | 0.0% |
| Participating interests | 282 | €1,059,500 | €1,059,500 | = | 0.0% |
| Current assets | 29/58 | €16,771 | €8,943 | -€7,829 | -46.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,732 | €6,851 | -€7,881 | -53.5% |
| Deferred charges and accrued income | 490/1 | €2,040 | €2,092 | +€52 | +2.6% |
| Total equity and liabilities | 10/49 | €1,076,271 | €1,068,443 | -€7,829 | -0.7% |
| Equity | 10/15 | -€25,388 | €912,801 | +€938,189 | |
| Contributions | 10/11 | €61,500 | €1,078,000 | +€1.0m | +1,653% |
| Capital | 10 | €61,500 | €1,078,000 | +€1.0m | +1,653% |
| Issued capital | 100 | €61,500 | €1,078,000 | +€1.0m | +1,653% |
| Profit (loss) carried forward | 14 | -€86,888 | -€165,199 | -€78,311 | -90.1% |
| Amounts payable | 17/49 | €1,101,659 | €155,642 | -€946,017 | -85.9% |
| Amounts payable after more than one year | 17 | €1,016,500 | €0 | -€1.0m | -100% |
| Financial debts | 170/4 | €1,016,500 | €0 | -€1.0m | -100% |
| Other loans | 174 | €1,016,500 | €0 | -€1.0m | -100% |
| Amounts payable within one year | 42/48 | €6,572 | €5,494 | -€1,078 | -16.4% |
| Trade debts | 44 | €6,572 | €5,494 | -€1,078 | -16.4% |
| Suppliers | 440/4 | €6,572 | €5,494 | -€1,078 | -16.4% |
| Accrued charges and deferred income | 492/3 | €78,587 | €150,148 | +€71,560 | +91.1% |
| Operating charges | 60/66A | €7,475 | €6,625 | -€850 | -11.4% |
| Services and other goods | 61 | €5,794 | €5,142 | -€651 | -11.2% |
| Other operating charges | 640/8 | €1,682 | €1,483 | -€199 | -11.8% |
| Operating profit (loss) | 9901 | -€7,475 | -€6,625 | +€850 | +11.4% |
| Financial income | 75/76B | €14,753 | €52 | -€14,701 | -99.6% |
| Recurring financial income | 75 | €14,753 | €52 | -€14,701 | -99.6% |
| Income from financial fixed assets | 750 | €14,480 | €0 | -€14,480 | -100% |
| Income from current assets | 751 | €273 | €52 | -€221 | -80.9% |
| Financial charges | 65/66B | €78,763 | €71,738 | -€7,025 | -8.9% |
| Recurring financial charges | 65 | €78,763 | €71,738 | -€7,025 | -8.9% |
| Debt charges | 650 | €78,587 | €71,560 | -€7,027 | -8.9% |
| Other financial charges | 652/9 | €176 | €178 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€71,486 | -€78,311 | -€6,825 | -9.5% |
| Profit (loss) for the period | 9904 | -€71,486 | -€78,311 | -€6,825 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,486 | -€78,311 | -€6,825 | -9.5% |
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 24 October 2026 via checked.be.