SEALEBRATE: 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.
SEALEBRATE
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€151,488
down €151,488 (-72.7%), from €208,412 to €56,924
mainly Current investments (-€200,000) and Tax, wage and social debts (-€8,607)
- Reserves +€56,703
up €56,703 (+29.9%), from €189,528 to €246,231
- Tax, wage and social debts -€8,607
down €8,607 (-37.2%), from €23,165 to €14,558
- Gross operating margin -€40,191
down €40,191 (-36.1%), from €111,405 to €71,214
- Taxes -€8,607
down €8,607 (-37.2%), from €23,165 to €14,558
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 | €218,605 | €266,467 | +€47,863 | +21.9% |
| Fixed assets | 21/28 | €1,422 | €1,029 | -€394 | -27.7% |
| Tangible fixed assets | 22/27 | €1,422 | €1,029 | -€394 | -27.7% |
| Furniture and vehicles | 24 | €1,422 | €1,029 | -€394 | -27.7% |
| Current assets | 29/58 | €217,182 | €265,439 | +€48,256 | +22.2% |
| Amounts receivable within one year | 40/41 | €270 | €15 | -€255 | -94.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €270 | €15 | -€255 | -94.5% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €208,412 | €56,924 | -€151,488 | -72.7% |
| Deferred charges and accrued income | 490/1 | €8,500 | €8,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €218,605 | €266,467 | +€47,863 | +21.9% |
| Equity | 10/15 | €192,528 | €249,231 | +€56,703 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €189,528 | €246,231 | +€56,703 | +29.9% |
| Distributable reserves | 133 | €189,528 | €246,231 | +€56,703 | +29.9% |
| Amounts payable | 17/49 | €26,077 | €17,237 | -€8,840 | -33.9% |
| Amounts payable within one year | 42/48 | €26,077 | €17,237 | -€8,840 | -33.9% |
| Trade debts | 44 | €1,189 | €1,060 | -€129 | -10.8% |
| Suppliers | 440/4 | €1,189 | €1,060 | -€129 | -10.8% |
| Taxes, remuneration and social security | 45 | €23,165 | €14,558 | -€8,607 | -37.2% |
| Taxes | 450/3 | €23,165 | €14,558 | -€8,607 | -37.2% |
| Other amounts payable | 47/48 | €1,722 | €1,618 | -€104 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394 | €394 | = | 0.0% |
| Other operating charges | 640/8 | €371 | €373 | +€2 | +0.5% |
| Gross operating margin | 9900 | €111,405 | €71,214 | -€40,191 | -36.1% |
| Operating profit (loss) | 9901 | €110,640 | €70,448 | -€40,193 | -36.3% |
| Financial income | 75/76B | €1,185 | €1,038 | -€146 | -12.4% |
| Recurring financial income | 75 | €1,185 | €1,038 | -€146 | -12.4% |
| Financial charges | 65/66B | €177 | €225 | +€48 | +27.4% |
| Recurring financial charges | 65 | €177 | €225 | +€48 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €111,648 | €71,261 | -€40,387 | -36.2% |
| Income taxes | 67/77 | €23,165 | €14,558 | -€8,607 | -37.2% |
| Profit (loss) for the period | 9904 | €88,484 | €56,703 | -€31,781 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,484 | €56,703 | -€31,781 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.