SECON BV: 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.
SECON BV
Largest movements
- Receivables within one year +€18,538
up €18,538 (+60.1%), from €30,847 to €49,385
of which Other amounts receivable: +€17,663
- Tangible fixed assets -€11,580
down €11,580 (-30.7%), from €37,732 to €26,152
of which Furniture and vehicles: -€8,872
- Stocks and contracts -€11,075
down €11,075 (-21.3%), from €51,930 to €40,855
- Cash +€1,733
up €1,733 (+6.8%), from €25,374 to €27,107
mainly Depreciation (+€11,580) and Stocks and contracts (+€11,075)
- Current portion of long-term debt -€6,556
down €6,556 (-100.0%), from €6,556 to €0
- Reserves +€6,260
up €6,260 (+4.8%), from €129,097 to €135,357
- Tax, wage and social debts -€1,838
down €1,838 (-32.1%), from €5,732 to €3,894
- Other operating charges -€4,038
down €4,038 (-38.5%), from €10,480 to €6,441
- Depreciation -€2,398
down €2,398 (-17.2%), from €13,978 to €11,580
- Taxes +€2,120
up €2,120 (+96.3%), from €2,201 to €4,321
- Gross operating margin +€1,288
up €1,288 (+4.9%), from €26,073 to €27,361
- Financial income +€903
up €903 (+165.2%), from €547 to €1,450
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 | €147,672 | €145,367 | -€2,305 | -1.6% |
| Fixed assets | 21/28 | €37,732 | €26,152 | -€11,580 | -30.7% |
| Tangible fixed assets | 22/27 | €37,732 | €26,152 | -€11,580 | -30.7% |
| Plant, machinery and equipment | 23 | €4,565 | €4,396 | -€169 | -3.7% |
| Furniture and vehicles | 24 | €13,885 | €5,013 | -€8,872 | -63.9% |
| Other tangible fixed assets | 26 | €19,282 | €16,743 | -€2,539 | -13.2% |
| Current assets | 29/58 | €109,940 | €119,215 | +€9,275 | +8.4% |
| Stocks and contracts in progress | 3 | €51,930 | €40,855 | -€11,075 | -21.3% |
| Stocks | 30/36 | €51,930 | €40,855 | -€11,075 | -21.3% |
| Amounts receivable within one year | 40/41 | €30,847 | €49,385 | +€18,538 | +60.1% |
| Trade receivables | 40 | €15,828 | €16,703 | +€875 | +5.5% |
| Other amounts receivable | 41 | €15,019 | €32,682 | +€17,663 | +117.6% |
| Cash at bank and in hand | 54/58 | €25,374 | €27,107 | +€1,733 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,790 | €1,868 | +€78 | +4.4% |
| Total equity and liabilities | 10/49 | €147,672 | €145,367 | -€2,305 | -1.6% |
| Equity | 10/15 | €131,597 | €137,857 | +€6,260 | +4.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €129,097 | €135,357 | +€6,260 | +4.8% |
| Distributable reserves | 133 | €129,097 | €135,357 | +€6,260 | +4.8% |
| Amounts payable | 17/49 | €16,074 | €7,510 | -€8,564 | -53.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,869 | €4,547 | -€8,322 | -64.7% |
| Current portion of amounts payable after more than one year | 42 | €6,556 | €0 | -€6,556 | -100.0% |
| Trade debts | 44 | €581 | €653 | +€72 | +12.4% |
| Suppliers | 440/4 | €581 | €653 | +€72 | +12.4% |
| Taxes, remuneration and social security | 45 | €5,732 | €3,894 | -€1,838 | -32.1% |
| Taxes | 450/3 | €5,732 | €3,894 | -€1,838 | -32.1% |
| Accrued charges and deferred income | 492/3 | €3,205 | €2,963 | -€242 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,978 | €11,580 | -€2,398 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €10,480 | €6,441 | -€4,038 | -38.5% |
| Gross operating margin | 9900 | €26,073 | €27,361 | +€1,288 | +4.9% |
| Operating profit (loss) | 9901 | €1,616 | €9,340 | +€7,724 | +478.1% |
| Financial income | 75/76B | €547 | €1,450 | +€903 | +165.2% |
| Recurring financial income | 75 | €547 | €1,450 | +€903 | +165.2% |
| Financial charges | 65/66B | €377 | €209 | -€167 | -44.4% |
| Recurring financial charges | 65 | €377 | €209 | -€167 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €1,786 | €10,581 | +€8,795 | +492.5% |
| Income taxes | 67/77 | €2,201 | €4,321 | +€2,120 | +96.3% |
| Profit (loss) for the period | 9904 | -€415 | €6,260 | +€6,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€415 | €6,260 | +€6,675 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.