Secoia: 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.
Secoia
Largest movements
- Receivables within one year +€6,071
up €6,071 (+38.1%), from €15,922 to €21,994
- Cash -€5,137
down €5,137 (-33.5%), from €15,319 to €10,183
mainly Receivables within one year (-€6,071) and Tax, wage and social debts (-€4,137)
- Profit (loss) carried forward +€5,861
up €5,861 (+51.6%), from -€11,351 to -€5,489
- Tax, wage and social debts -€4,137
down €4,137 (-29.4%), from €14,089 to €9,952
of which Remuneration and social security: -€2,977
- Trade debts -€1,188
down €1,188 (-55.1%), from €2,156 to €968
- Accrued charges and deferred income +€709
new in 2025: €709
- Gross operating margin -€117,240
down €117,240 (-94.4%), from €124,222 to €6,982
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 | €34,894 | €36,140 | +€1,246 | +3.6% |
| Fixed assets | 21/28 | €2,178 | €2,199 | +€21 | +1.0% |
| Tangible fixed assets | 22/27 | €2,178 | €2,199 | +€21 | +1.0% |
| Furniture and vehicles | 24 | €2,178 | €2,199 | +€21 | +1.0% |
| Current assets | 29/58 | €32,717 | €33,941 | +€1,225 | +3.7% |
| Amounts receivable within one year | 40/41 | €15,922 | €21,994 | +€6,071 | +38.1% |
| Trade receivables | 40 | €15,922 | €21,994 | +€6,071 | +38.1% |
| Cash at bank and in hand | 54/58 | €15,319 | €10,183 | -€5,137 | -33.5% |
| Deferred charges and accrued income | 490/1 | €1,475 | €1,765 | +€290 | +19.7% |
| Total equity and liabilities | 10/49 | €34,894 | €36,140 | +€1,246 | +3.6% |
| Equity | 10/15 | -€6,351 | -€489 | +€5,861 | +92.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,351 | -€5,489 | +€5,861 | +51.6% |
| Amounts payable | 17/49 | €41,245 | €36,629 | -€4,615 | -11.2% |
| Amounts payable within one year | 42/48 | €41,245 | €35,920 | -€5,325 | -12.9% |
| Trade debts | 44 | €2,156 | €968 | -€1,188 | -55.1% |
| Suppliers | 440/4 | €2,156 | €968 | -€1,188 | -55.1% |
| Taxes, remuneration and social security | 45 | €14,089 | €9,952 | -€4,137 | -29.4% |
| Taxes | 450/3 | €6,589 | €5,430 | -€1,160 | -17.6% |
| Remuneration and social security | 454/9 | €7,499 | €4,523 | -€2,977 | -39.7% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €709 | +€709 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €726 | +€326 | +81.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €134,735 | - | -€134,735 | |
| Gross operating margin | 9900 | €124,222 | €6,982 | -€117,240 | -94.4% |
| Operating profit (loss) | 9901 | -€11,300 | €5,856 | +€17,157 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €50 | - | -€50 | |
| Recurring financial charges | 65 | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | -€11,351 | €5,861 | +€17,212 | |
| Profit (loss) for the period | 9904 | -€11,351 | €5,861 | +€17,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,351 | €5,861 | +€17,212 |
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 6 October 2026 via checked.be.