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SEASIGHT ALBERT: 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.

What changed

SEASIGHT ALBERT

BE 0467.396.280
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€41,377
2024 · -€44,995+€3,619
Equity
€345,145
2024 · €386,522-€41,377
Cash
€16,511
2024 · €1,210+€15,300
Balance sheet total
€1.6m
2024 · €1.6m-€22,951

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€38,295

    down €38,295 (-2.3%), from €1.6m to €1.6m

Equity and liabilities
  • Other debts +€29,605

    up €29,605 (+352%), from €8,400 to €38,005

  • Profit (loss) carried forward -€27,346

    down €27,346 (-10.1%), from -€271,988 to -€299,335

Income statement
  • Gross operating margin +€5,441

    up €5,441 (+60.4%), from -€9,015 to -€3,574

  • Other operating charges +€1,989

    up €1,989 (+42.5%), from €4,681 to €6,670

  • Financial charges -€307

    down €307 (-83.2%), from €369 to €62

  • Depreciation +€141

    up €141 (+0.4%), from €38,154 to €38,295

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€44,995
Gross operating margin +€5,441
Depreciation -€141
Other operating charges -€1,989
Financial income +€0
Financial charges +€307
Result 2025 -€41,377
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€16,996
Investment €0
Financing -€1,696
Cash 2024 €1,210
Net result for the year -€41,377
Depreciation +€38,295
Smaller working-capital items -€58
Provisions -€7,225
Trade debts -€2,244
Other debts +€29,605
Debts after one year -€1,696
Cash 2025 €16,511
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,635,339 €1,612,387 -€22,951 -1.4%
Fixed assets 21/28 €1,634,128 €1,595,833 -€38,295 -2.3%
Tangible fixed assets 22/27 €1,634,128 €1,595,833 -€38,295 -2.3%
Land and buildings 22 €1,634,128 €1,595,833 -€38,295 -2.3%
Current assets 29/58 €1,210 €16,554 +€15,344 +1,268%
Amounts receivable within one year 40/41 €0 €44 +€44
Trade receivables 40 €0 €44 +€44
Cash at bank and in hand 54/58 €1,210 €16,511 +€15,300 +1,264%
Total equity and liabilities 10/49 €1,635,339 €1,612,387 -€22,951 -1.4%
Equity 10/15 €386,522 €345,145 -€41,377 -10.7%
Contributions 10/11 €65,000 €65,000 = 0.0%
Capital 10 €65,000 €65,000 = 0.0%
Issued capital 100 €65,000 €65,000 = 0.0%
Reserves 13 €593,510 €579,480 -€14,030 -2.4%
Tax-exempt reserves 132 €593,510 €579,480 -€14,030 -2.4%
Profit (loss) carried forward 14 -€271,988 -€299,335 -€27,346 -10.1%
Provisions and deferred taxes 16 €305,611 €298,387 -€7,225 -2.4%
Deferred taxes 168 €305,611 €298,387 -€7,225 -2.4%
Amounts payable 17/49 €943,205 €968,855 +€25,650 +2.7%
Amounts payable after more than one year 17 €932,547 €930,851 -€1,696 -0.2%
Other amounts payable 178/9 €932,547 €930,851 -€1,696 -0.2%
Amounts payable within one year 42/48 €10,644 €38,005 +€27,361 +257%
Trade debts 44 €2,244 €0 -€2,244 -100%
Suppliers 440/4 €2,244 €0 -€2,244 -100%
Other amounts payable 47/48 €8,400 €38,005 +€29,605 +352%
Accrued charges and deferred income 492/3 €14 €0 -€14 -100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,154 €38,295 +€141 +0.4%
Other operating charges 640/8 €4,681 €6,670 +€1,989 +42.5%
Gross operating margin 9900 -€9,015 -€3,574 +€5,441 +60.4%
Operating profit (loss) 9901 -€51,851 -€48,540 +€3,311 +6.4%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €369 €62 -€307 -83.2%
Recurring financial charges 65 €369 €62 -€307 -83.2%
Profit (loss) for the period before taxes 9903 -€52,220 -€48,601 +€3,619 +6.9%
Transfer from deferred taxes 780 €7,225 €7,225 = 0.0%
Profit (loss) for the period 9904 -€44,995 -€41,377 +€3,619 +8.0%
Transfer from tax-exempt reserves 789 €14,030 €14,030 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€30,965 -€27,346 +€3,619 +11.7%

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 13 October 2026 via checked.be.