SEAT - IMMO: 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.
SEAT - IMMO
Largest movements
- Current investments +€275,000
up €275,000 (+100%), from €275,000 to €550,000
- Receivables within one year -€45,545
down €45,545 (-55.5%), from €82,070 to €36,525
of which Other amounts receivable: -€45,545
- Tangible fixed assets -€20,847
down €20,847 (-7.1%), from €292,652 to €271,806
- Cash -€15,363
down €15,363 (-13.2%), from €116,644 to €101,281
mainly Current investments (-€275,000) and Smaller working-capital items (-€232)
- Reserves +€193,477
up €193,477 (+30.2%), from €640,024 to €833,501
of which Distributable reserves: +€193,477
No income-statement line moved by more than 1% of the activity.
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 | €766,699 | €960,262 | +€193,563 | +25.2% |
| Fixed assets | 21/28 | €292,652 | €271,806 | -€20,847 | -7.1% |
| Tangible fixed assets | 22/27 | €292,652 | €271,806 | -€20,847 | -7.1% |
| Land and buildings | 22 | €292,652 | €271,806 | -€20,847 | -7.1% |
| Current assets | 29/58 | €474,047 | €688,457 | +€214,410 | +45.2% |
| Amounts receivable within one year | 40/41 | €82,070 | €36,525 | -€45,545 | -55.5% |
| Trade receivables | 40 | €29,282 | €29,282 | = | 0.0% |
| Other amounts receivable | 41 | €52,788 | €7,243 | -€45,545 | -86.3% |
| Current investments | 50/53 | €275,000 | €550,000 | +€275,000 | +100% |
| Cash at bank and in hand | 54/58 | €116,644 | €101,281 | -€15,363 | -13.2% |
| Deferred charges and accrued income | 490/1 | €333 | €651 | +€318 | +95.4% |
| Total equity and liabilities | 10/49 | €766,699 | €960,262 | +€193,563 | +25.2% |
| Equity | 10/15 | €701,524 | €895,001 | +€193,477 | +27.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €640,024 | €833,501 | +€193,477 | +30.2% |
| Non-distributable reserves | 130/1 | €13,634 | €13,634 | = | 0.0% |
| Legal reserve | 130 | €13,634 | €13,634 | = | 0.0% |
| Distributable reserves | 133 | €626,389 | €819,867 | +€193,477 | +30.9% |
| Amounts payable | 17/49 | €65,176 | €65,261 | +€86 | +0.1% |
| Amounts payable within one year | 42/48 | €65,109 | €65,104 | -€5 | 0.0% |
| Trade debts | 44 | €795 | €381 | -€413 | -52.0% |
| Suppliers | 440/4 | €795 | €381 | -€413 | -52.0% |
| Advances received on contracts in progress | 46 | €675 | €675 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €63,640 | €64,048 | +€408 | +0.6% |
| Taxes | 450/3 | €63,640 | €64,048 | +€408 | +0.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €66 | €157 | +€91 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,597 | €20,847 | -€750 | -3.5% |
| Other operating charges | 640/8 | €3,014 | €3,102 | +€88 | +2.9% |
| Gross operating margin | 9900 | €300,320 | €300,170 | -€150 | 0.0% |
| Operating profit (loss) | 9901 | €275,709 | €276,222 | +€513 | +0.2% |
| Financial income | 75/76B | €5,824 | €8,187 | +€2,363 | +40.6% |
| Recurring financial income | 75 | €5,824 | €8,187 | +€2,363 | +40.6% |
| Financial charges | 65/66B | €615 | €642 | +€26 | +4.3% |
| Recurring financial charges | 65 | €615 | €642 | +€26 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €280,918 | €283,767 | +€2,849 | +1.0% |
| Income taxes | 67/77 | €90,168 | €90,289 | +€122 | +0.1% |
| Profit (loss) for the period | 9904 | €190,750 | €193,477 | +€2,727 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €190,750 | €193,477 | +€2,727 | +1.4% |
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 25 October 2026 via checked.be.