SEATIX: 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.
SEATIX
Largest movements
- Receivables within one year +€26,162
up €26,162 (+397.8%), from €6,577 to €32,739
of which Trade receivables: +€24,538
- Cash -€14,464
down €14,464 (-29.4%), from €49,230 to €34,766
mainly Receivables within one year (-€26,162) and Trade debts (-€5,242)
- Tangible fixed assets -€1,612
down €1,612 (-43.9%), from €3,671 to €2,058
of which Furniture and vehicles: -€1,377
- Profit (loss) carried forward +€7,506
up €7,506 (+385.6%), from €1,947 to €9,453
- Tax, wage and social debts +€5,622
up €5,622 (+38.1%), from €14,764 to €20,385
of which Taxes: +€4,809
- Trade debts -€5,242
down €5,242 (-71.6%), from €7,318 to €2,076
- Other debts +€1,857
up €1,857 (+234.6%), from €792 to €2,649
- Financial charges +€40,785
up €40,785 (+39805.3%), from €102 to €40,887
- Gross operating margin +€18,348
up €18,348 (+53.3%), from €34,457 to €52,805
- Taxes -€10,871
down €10,871 (-80.9%), from €13,435 to €2,564
- Depreciation -€2,901
down €2,901 (-90.6%), from €3,202 to €301
- Other operating charges +€639
up €639 (+260.6%), from €245 to €884
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 | €59,820 | €69,563 | +€9,743 | +16.3% |
| Fixed assets | 21/28 | €3,671 | €2,058 | -€1,612 | -43.9% |
| Tangible fixed assets | 22/27 | €3,671 | €2,058 | -€1,612 | -43.9% |
| Plant, machinery and equipment | 23 | €2,107 | €1,872 | -€235 | -11.2% |
| Furniture and vehicles | 24 | €1,564 | €187 | -€1,377 | -88.1% |
| Current assets | 29/58 | €56,149 | €67,505 | +€11,355 | +20.2% |
| Amounts receivable within one year | 40/41 | €6,577 | €32,739 | +€26,162 | +397.8% |
| Trade receivables | 40 | €989 | €25,526 | +€24,538 | +2481.9% |
| Other amounts receivable | 41 | €5,588 | €7,213 | +€1,625 | +29.1% |
| Cash at bank and in hand | 54/58 | €49,230 | €34,766 | -€14,464 | -29.4% |
| Deferred charges and accrued income | 490/1 | €343 | €0 | -€343 | -100.0% |
| Total equity and liabilities | 10/49 | €59,820 | €69,563 | +€9,743 | +16.3% |
| Equity | 10/15 | €36,947 | €44,453 | +€7,506 | +20.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,947 | €9,453 | +€7,506 | +385.6% |
| Amounts payable | 17/49 | €22,874 | €25,110 | +€2,237 | +9.8% |
| Amounts payable within one year | 42/48 | €22,874 | €25,110 | +€2,237 | +9.8% |
| Trade debts | 44 | €7,318 | €2,076 | -€5,242 | -71.6% |
| Suppliers | 440/4 | €7,318 | €2,076 | -€5,242 | -71.6% |
| Taxes, remuneration and social security | 45 | €14,764 | €20,385 | +€5,622 | +38.1% |
| Taxes | 450/3 | €13,448 | €18,257 | +€4,809 | +35.8% |
| Remuneration and social security | 454/9 | €1,315 | €2,128 | +€813 | +61.8% |
| Other amounts payable | 47/48 | €792 | €2,649 | +€1,857 | +234.6% |
| Non-recurring operating income | 76A | - | €689 | +€689 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,202 | €301 | -€2,901 | -90.6% |
| Other operating charges | 640/8 | €245 | €884 | +€639 | +260.6% |
| Non-recurring operating charges | 66A | - | €663 | +€663 | |
| Gross operating margin | 9900 | €34,457 | €52,805 | +€18,348 | +53.3% |
| Operating profit (loss) | 9901 | €31,010 | €50,957 | +€19,947 | +64.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €102 | €40,887 | +€40,785 | +39805.3% |
| Recurring financial charges | 65 | €102 | €40,887 | +€40,785 | +39805.3% |
| Profit (loss) for the period before taxes | 9903 | €30,910 | €10,070 | -€20,840 | -67.4% |
| Income taxes | 67/77 | €13,435 | €2,564 | -€10,871 | -80.9% |
| Profit (loss) for the period | 9904 | €17,475 | €7,506 | -€9,968 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,475 | €7,506 | -€9,968 | -57.0% |
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.