SECLASTE: 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.
SECLASTE
Largest movements
- Financial fixed assets +€85,500
up €85,500 (+3989.1%), from €2,143 to €87,643
- Receivables within one year -€74,423
down €74,423 (-24.8%), from €300,138 to €225,715
of which Trade receivables: -€54,500
- Tangible fixed assets -€47,414
down €47,414 (-7.2%), from €657,787 to €610,373
of which Land and buildings: -€51,521
- Cash +€39,236
up €39,236 (+385.1%), from €10,189 to €49,426
mainly Net result for the year (+€85,302) and Other debts (+€80,000)
- Profit (loss) carried forward -€124,698
down €124,698 (-51.0%), from €244,277 to €119,579
- Other debts +€80,000
up €80,000 (+61.5%), from €130,000 to €210,000
- Debts after one year +€32,679
up €32,679 (+6.7%), from €489,655 to €522,334
- Current portion of long-term debt +€20,316
up €20,316 (+55.7%), from €36,493 to €56,809
- Short-term financial debts +€9,831
up €9,831 (+30.9%), from €31,791 to €41,622
- Gross operating margin +€28,270
up €28,270 (+17.9%), from €157,646 to €185,916
- Depreciation +€5,658
up €5,658 (+16.6%), from €34,173 to €39,831
- Taxes +€4,285
up €4,285 (+13.6%), from €31,487 to €35,771
- Other operating charges +€3,664
up €3,664 (+804.8%), from €455 to €4,120
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 | €970,257 | €973,156 | +€2,899 | +0.3% |
| Fixed assets | 21/28 | €659,930 | €698,016 | +€38,086 | +5.8% |
| Tangible fixed assets | 22/27 | €657,787 | €610,373 | -€47,414 | -7.2% |
| Land and buildings | 22 | €640,363 | €588,842 | -€51,521 | -8.0% |
| Furniture and vehicles | 24 | €13,005 | €17,718 | +€4,713 | +36.2% |
| Other tangible fixed assets | 26 | €4,418 | €3,813 | -€605 | -13.7% |
| Financial fixed assets | 28 | €2,143 | €87,643 | +€85,500 | +3989.1% |
| Current assets | 29/58 | €310,327 | €275,140 | -€35,187 | -11.3% |
| Amounts receivable within one year | 40/41 | €300,138 | €225,715 | -€74,423 | -24.8% |
| Trade receivables | 40 | €105,138 | €50,638 | -€54,500 | -51.8% |
| Other amounts receivable | 41 | €195,000 | €175,077 | -€19,923 | -10.2% |
| Cash at bank and in hand | 54/58 | €10,189 | €49,426 | +€39,236 | +385.1% |
| Total equity and liabilities | 10/49 | €970,257 | €973,156 | +€2,899 | +0.3% |
| Equity | 10/15 | €246,477 | €121,779 | -€124,698 | -50.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | - | -€200 | |
| Reserves not available under the articles | 1311 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | €244,277 | €119,579 | -€124,698 | -51.0% |
| Amounts payable | 17/49 | €723,780 | €851,378 | +€127,597 | +17.6% |
| Amounts payable after more than one year | 17 | €489,655 | €522,334 | +€32,679 | +6.7% |
| Financial debts | 170/4 | €489,655 | €522,334 | +€32,679 | +6.7% |
| Amounts payable within one year | 42/48 | €229,085 | €323,444 | +€94,359 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €36,493 | €56,809 | +€20,316 | +55.7% |
| Financial debts | 43 | €31,791 | €41,622 | +€9,831 | +30.9% |
| Credit institutions | 430/8 | €31,791 | €41,622 | +€9,831 | +30.9% |
| Trade debts | 44 | €8,038 | €1,638 | -€6,400 | -79.6% |
| Suppliers | 440/4 | €8,038 | €1,638 | -€6,400 | -79.6% |
| Taxes, remuneration and social security | 45 | €22,763 | €13,375 | -€9,388 | -41.2% |
| Taxes | 450/3 | €22,763 | €13,375 | -€9,388 | -41.2% |
| Other amounts payable | 47/48 | €130,000 | €210,000 | +€80,000 | +61.5% |
| Accrued charges and deferred income | 492/3 | €5,040 | €5,600 | +€560 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,173 | €39,831 | +€5,658 | +16.6% |
| Other operating charges | 640/8 | €455 | €4,120 | +€3,664 | +804.8% |
| Gross operating margin | 9900 | €157,646 | €185,916 | +€28,270 | +17.9% |
| Operating profit (loss) | 9901 | €123,018 | €141,965 | +€18,948 | +15.4% |
| Financial income | 75/76B | €6 | €3 | -€3 | -55.2% |
| Recurring financial income | 75 | €6 | €3 | -€3 | -55.2% |
| Financial charges | 65/66B | €19,315 | €20,895 | +€1,580 | +8.2% |
| Recurring financial charges | 65 | €19,315 | €20,895 | +€1,580 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €103,708 | €121,073 | +€17,364 | +16.7% |
| Income taxes | 67/77 | €31,487 | €35,771 | +€4,285 | +13.6% |
| Profit (loss) for the period | 9904 | €72,222 | €85,302 | +€13,080 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,222 | €85,302 | +€13,080 | +18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.