Seccom: what changed
Two fiscal 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.
Seccom
Largest movements
- Receivables within one year -€35,264
down €35,264 (-99.3%), from €35,504 to €240
of which Trade receivables: -€35,099
- Receivables after one year +€15,000
up €15,000 (+55.6%), from €27,000 to €42,000
- Tangible fixed assets -€3,470
down €3,470 (-12.4%), from €27,968 to €24,498
of which Furniture and vehicles: -€2,976
- Profit (loss) carried forward -€12,728
down €12,728 (-2221.4%), from -€573 to -€13,300
- Trade debts -€8,097
down €8,097 (-12.1%), from €67,029 to €58,932
- Debts after one year -€5,057
down €5,057 (-34.5%), from €14,670 to €9,613
- Other debts +€1,584
new in 2025: €1,584
- Depreciation +€960
up €960 (+14.4%), from €6,679 to €7,639
- Gross operating margin +€864
up €864 (+17.6%), from -€4,898 to -€4,035
- Financial charges -€185
down €185 (-11.7%), from €1,574 to €1,390
- Financial income +€137
up €137 (+18.5%), from €743 to €880
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 | €90,947 | €66,885 | -€24,061 | -26.5% |
| Fixed assets | 21/28 | €27,968 | €24,498 | -€3,470 | -12.4% |
| Tangible fixed assets | 22/27 | €27,968 | €24,498 | -€3,470 | -12.4% |
| Furniture and vehicles | 24 | €23,425 | €20,449 | -€2,976 | -12.7% |
| Other tangible fixed assets | 26 | €4,543 | €4,049 | -€494 | -10.9% |
| Current assets | 29/58 | €62,979 | €42,388 | -€20,591 | -32.7% |
| Amounts receivable after more than one year | 29 | €27,000 | €42,000 | +€15,000 | +55.6% |
| Other amounts receivable | 291 | €27,000 | €42,000 | +€15,000 | +55.6% |
| Amounts receivable within one year | 40/41 | €35,504 | €240 | -€35,264 | -99.3% |
| Trade receivables | 40 | €35,099 | - | -€35,099 | |
| Other amounts receivable | 41 | €405 | €240 | -€165 | -40.6% |
| Cash at bank and in hand | 54/58 | €475 | €147 | -€327 | -69.0% |
| Total equity and liabilities | 10/49 | €90,947 | €66,885 | -€24,061 | -26.5% |
| Equity | 10/15 | €4,427 | -€8,300 | -€12,728 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€573 | -€13,300 | -€12,728 | -2221.4% |
| Amounts payable | 17/49 | €86,519 | €75,186 | -€11,334 | -13.1% |
| Amounts payable after more than one year | 17 | €14,670 | €9,613 | -€5,057 | -34.5% |
| Financial debts | 170/4 | €14,670 | €9,613 | -€5,057 | -34.5% |
| Amounts payable within one year | 42/48 | €71,850 | €65,573 | -€6,276 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €4,763 | €5,057 | +€294 | +6.2% |
| Trade debts | 44 | €67,029 | €58,932 | -€8,097 | -12.1% |
| Suppliers | 440/4 | €67,029 | €58,932 | -€8,097 | -12.1% |
| Taxes, remuneration and social security | 45 | €57 | - | -€57 | |
| Taxes | 450/3 | €57 | - | -€57 | |
| Other amounts payable | 47/48 | - | €1,584 | +€1,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,679 | €7,639 | +€960 | +14.4% |
| Other operating charges | 640/8 | €578 | €544 | -€34 | -5.9% |
| Gross operating margin | 9900 | -€4,898 | -€4,035 | +€864 | +17.6% |
| Operating profit (loss) | 9901 | -€12,156 | -€12,218 | -€62 | -0.5% |
| Financial income | 75/76B | €743 | €880 | +€137 | +18.5% |
| Recurring financial income | 75 | €743 | €880 | +€137 | +18.5% |
| Financial charges | 65/66B | €1,574 | €1,390 | -€185 | -11.7% |
| Recurring financial charges | 65 | €1,574 | €1,390 | -€185 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,987 | -€12,728 | +€260 | +2.0% |
| Profit (loss) for the period | 9904 | -€12,987 | -€12,728 | +€260 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,987 | -€12,728 | +€260 | +2.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.