SEC-AL TRADING: 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.
SEC-AL TRADING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€130,870
no longer reported in 2024 (was €130,870)
of which Non-recurring financial income: -€130,865
- Gross operating margin +€3,056
up €3,056 (+64.1%), from -€4,768 to -€1,712
- Purchases and services -€3,056
down €3,056 (-64.1%), from €4,768 to €1,712
- Other operating charges -€659
down €659 (-63.0%), from €1,046 to €387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €368,482 | €365,221 | -€3,261 | -0.9% |
| Current assets | 29/58 | €368,482 | €365,221 | -€3,261 | -0.9% |
| Amounts receivable within one year | 40/41 | €10,838 | €10,838 | = | 0.0% |
| Trade receivables | 40 | €10,838 | €10,838 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,470 | €209 | -€3,261 | -94.0% |
| Deferred charges and accrued income | 490/1 | €354,174 | €354,174 | = | 0.0% |
| Total equity and liabilities | 10/49 | €368,482 | €365,221 | -€3,261 | -0.9% |
| Equity | 10/15 | €3,241 | €784 | -€2,457 | -75.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €347,471 | €347,471 | = | 0.0% |
| Tax-exempt reserves | 132 | €347,471 | €347,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€364,230 | -€366,687 | -€2,457 | -0.7% |
| Provisions and deferred taxes | 16 | €347,471 | €347,471 | = | 0.0% |
| Deferred taxes | 168 | €347,471 | €347,471 | = | 0.0% |
| Amounts payable | 17/49 | €17,770 | €16,967 | -€803 | -4.5% |
| Amounts payable within one year | 42/48 | €17,770 | €16,967 | -€803 | -4.5% |
| Other amounts payable | 47/48 | €17,770 | €16,967 | -€803 | -4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,768 | €1,712 | -€3,056 | -64.1% |
| Other operating charges | 640/8 | €1,046 | €387 | -€659 | -63.0% |
| Gross operating margin | 9900 | -€4,768 | -€1,712 | +€3,056 | +64.1% |
| Operating profit (loss) | 9901 | -€5,814 | -€2,099 | +€3,715 | +63.9% |
| Financial income | 75/76B | €130,870 | - | -€130,870 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Non-recurring financial income | 76B | €130,865 | - | -€130,865 | |
| Financial charges | 65/66B | €335 | €358 | +€24 | +7.0% |
| Recurring financial charges | 65 | €335 | €358 | +€24 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €124,721 | -€2,457 | -€127,178 | |
| Profit (loss) for the period | 9904 | €124,721 | -€2,457 | -€127,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €124,721 | -€2,457 | -€127,178 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.