SEB IN MOTION: 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.
SEB IN MOTION
Largest movements
- Receivables within one year +€31,685
up €31,685 (+128%), from €24,723 to €56,409
of which Trade receivables: +€34,425
- Cash -€12,744
down €12,744 (-10.1%), from €125,581 to €112,837
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€31,685)
- Profit (loss) carried forward +€16,571
up €16,571 (+64.7%), from €25,631 to €42,202
- Tax, wage and social debts +€9,724
up €9,724 (+69.3%), from €14,032 to €23,757
- Other debts -€9,212
down €9,212 (-8.5%), from €109,000 to €99,788
- Gross operating margin +€64,410
up €64,410 (+71.3%), from €90,324 to €154,734
- Taxes +€16,196
up €16,196 (+83.1%), from €19,493 to €35,689
- Depreciation -€2,863
down €2,863 (-63.8%), from €4,491 to €1,628
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 | €154,212 | €172,782 | +€18,571 | +12.0% |
| Fixed assets | 21/28 | €3,322 | €2,753 | -€569 | -17.1% |
| Tangible fixed assets | 22/27 | €3,322 | €2,753 | -€569 | -17.1% |
| Furniture and vehicles | 24 | €3,322 | €2,753 | -€569 | -17.1% |
| Current assets | 29/58 | €150,890 | €170,029 | +€19,139 | +12.7% |
| Amounts receivable within one year | 40/41 | €24,723 | €56,409 | +€31,685 | +128% |
| Trade receivables | 40 | €21,983 | €56,409 | +€34,425 | +157% |
| Other amounts receivable | 41 | €2,740 | - | -€2,740 | |
| Cash at bank and in hand | 54/58 | €125,581 | €112,837 | -€12,744 | -10.1% |
| Deferred charges and accrued income | 490/1 | €586 | €783 | +€198 | +33.7% |
| Total equity and liabilities | 10/49 | €154,212 | €172,782 | +€18,571 | +12.0% |
| Equity | 10/15 | €29,631 | €46,202 | +€16,571 | +55.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,631 | €42,202 | +€16,571 | +64.7% |
| Amounts payable | 17/49 | €124,581 | €126,581 | +€2,000 | +1.6% |
| Amounts payable within one year | 42/48 | €124,581 | €126,581 | +€2,000 | +1.6% |
| Trade debts | 44 | €1,549 | €3,036 | +€1,487 | +96.0% |
| Suppliers | 440/4 | €1,549 | €3,036 | +€1,487 | +96.0% |
| Taxes, remuneration and social security | 45 | €14,032 | €23,757 | +€9,724 | +69.3% |
| Taxes | 450/3 | €14,032 | €23,757 | +€9,724 | +69.3% |
| Other amounts payable | 47/48 | €109,000 | €99,788 | -€9,212 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,491 | €1,628 | -€2,863 | -63.8% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €90,324 | €154,734 | +€64,410 | +71.3% |
| Operating profit (loss) | 9901 | €84,934 | €152,178 | +€67,244 | +79.2% |
| Financial income | 75/76B | €313 | €342 | +€29 | +9.3% |
| Recurring financial income | 75 | €313 | €342 | +€29 | +9.3% |
| Financial charges | 65/66B | €101 | €260 | +€159 | +157% |
| Recurring financial charges | 65 | €101 | €260 | +€159 | +157% |
| Profit (loss) for the period before taxes | 9903 | €85,145 | €152,260 | +€67,114 | +78.8% |
| Income taxes | 67/77 | €19,493 | €35,689 | +€16,196 | +83.1% |
| Profit (loss) for the period | 9904 | €65,653 | €116,571 | +€50,918 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,653 | €116,571 | +€50,918 | +77.6% |
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 21 October 2026 via checked.be.