SEAMONSTER: 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.
SEAMONSTER
Largest movements
- Receivables within one year -€24,293
down €24,293 (-28.2%), from €86,131 to €61,838
of which Trade receivables: -€24,382
- Cash +€22,592
up €22,592 (+50.7%), from €44,596 to €67,188
mainly Net result for the year (+€34,431) and Receivables within one year (+€24,293)
- Reserves +€34,431
up €34,431 (+33.9%), from €101,544 to €135,975
- Other debts -€29,104
down €29,104 (-63.7%), from €45,682 to €16,577
- Tax, wage and social debts -€7,351
down €7,351 (-38.9%), from €18,874 to €11,523
of which Taxes: -€7,350
- Financial charges +€2,241
up €2,241 (+538.9%), from €416 to €2,657
- Depreciation -€1,600
down €1,600 (-75.9%), from €2,109 to €509
- Gross operating margin -€1,125
down €1,125 (-2.1%), from €53,584 to €52,459
- Taxes -€1,079
down €1,079 (-7.1%), from €15,300 to €14,221
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 | €186,724 | €185,416 | -€1,308 | -0.7% |
| Fixed assets | 21/28 | €44,311 | €42,996 | -€1,315 | -3.0% |
| Tangible fixed assets | 22/27 | €1,454 | €139 | -€1,315 | -90.4% |
| Furniture and vehicles | 24 | €1,454 | €139 | -€1,315 | -90.4% |
| Financial fixed assets | 28 | €42,857 | €42,857 | = | 0.0% |
| Current assets | 29/58 | €142,413 | €142,420 | +€7 | 0.0% |
| Amounts receivable within one year | 40/41 | €86,131 | €61,838 | -€24,293 | -28.2% |
| Trade receivables | 40 | €86,112 | €61,729 | -€24,382 | -28.3% |
| Other amounts receivable | 41 | €19 | €108 | +€89 | +466.5% |
| Cash at bank and in hand | 54/58 | €44,596 | €67,188 | +€22,592 | +50.7% |
| Deferred charges and accrued income | 490/1 | €11,686 | €13,395 | +€1,708 | +14.6% |
| Total equity and liabilities | 10/49 | €186,724 | €185,416 | -€1,308 | -0.7% |
| Equity | 10/15 | €120,094 | €154,525 | +€34,431 | +28.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €101,544 | €135,975 | +€34,431 | +33.9% |
| Distributable reserves | 133 | €101,544 | €135,975 | +€34,431 | +33.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,631 | €30,892 | -€35,739 | -53.6% |
| Amounts payable within one year | 42/48 | €66,631 | €30,892 | -€35,739 | -53.6% |
| Financial debts | 43 | €7 | €64 | +€57 | +828.6% |
| Credit institutions | 430/8 | €7 | €64 | +€57 | +828.6% |
| Trade debts | 44 | €2,068 | €2,728 | +€660 | +31.9% |
| Suppliers | 440/4 | €2,068 | €2,728 | +€660 | +31.9% |
| Taxes, remuneration and social security | 45 | €18,874 | €11,523 | -€7,351 | -38.9% |
| Taxes | 450/3 | €18,482 | €11,132 | -€7,350 | -39.8% |
| Remuneration and social security | 454/9 | €392 | €391 | -€1 | -0.3% |
| Other amounts payable | 47/48 | €45,682 | €16,577 | -€29,104 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,109 | €509 | -€1,600 | -75.9% |
| Other operating charges | 640/8 | €1,694 | €1,748 | +€54 | +3.2% |
| Non-recurring operating charges | 66A | - | €585 | +€585 | |
| Gross operating margin | 9900 | €53,584 | €52,459 | -€1,125 | -2.1% |
| Operating profit (loss) | 9901 | €49,781 | €49,616 | -€165 | -0.3% |
| Financial income | 75/76B | €1,713 | €1,693 | -€20 | -1.2% |
| Recurring financial income | 75 | €1,713 | €1,693 | -€20 | -1.2% |
| Financial charges | 65/66B | €416 | €2,657 | +€2,241 | +538.9% |
| Recurring financial charges | 65 | €416 | €2,657 | +€2,241 | +538.9% |
| Profit (loss) for the period before taxes | 9903 | €51,078 | €48,652 | -€2,427 | -4.8% |
| Income taxes | 67/77 | €15,300 | €14,221 | -€1,079 | -7.1% |
| Profit (loss) for the period | 9904 | €35,779 | €34,431 | -€1,348 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,779 | €34,431 | -€1,348 | -3.8% |
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 11 October 2026 via checked.be.