SECOTRON: 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.
SECOTRON
Largest movements
- Cash +€60,965
up €60,965 (+112.0%), from €54,443 to €115,408
mainly Net result for the year (+€72,606) and Tax, wage and social debts (+€13,572)
- Receivables within one year -€6,187
down €6,187 (-62.9%), from €9,835 to €3,648
of which Other amounts receivable: -€4,756
- Reserves +€37,642
up €37,642 (+107.7%), from €34,964 to €72,606
- Tax, wage and social debts +€13,572
up €13,572 (+90.4%), from €15,010 to €28,581
- Trade debts +€4,826
up €4,826 (+96.3%), from €5,013 to €9,839
- Gross operating margin +€46,014
up €46,014 (+88.6%), from €51,951 to €97,965
- Taxes +€8,870
up €8,870 (+82.6%), from €10,741 to €19,611
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 | €74,599 | €129,776 | +€55,177 | +74.0% |
| Fixed assets | 21/28 | €6,759 | €6,846 | +€87 | +1.3% |
| Tangible fixed assets | 22/27 | €6,666 | €6,754 | +€87 | +1.3% |
| Plant, machinery and equipment | 23 | €424 | €702 | +€278 | +65.7% |
| Furniture and vehicles | 24 | €6,242 | €6,051 | -€191 | -3.1% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €67,841 | €122,930 | +€55,090 | +81.2% |
| Amounts receivable within one year | 40/41 | €9,835 | €3,648 | -€6,187 | -62.9% |
| Trade receivables | 40 | €2,680 | €1,248 | -€1,432 | -53.4% |
| Other amounts receivable | 41 | €7,155 | €2,400 | -€4,756 | -66.5% |
| Cash at bank and in hand | 54/58 | €54,443 | €115,408 | +€60,965 | +112.0% |
| Deferred charges and accrued income | 490/1 | €3,562 | €3,875 | +€312 | +8.8% |
| Total equity and liabilities | 10/49 | €74,599 | €129,776 | +€55,177 | +74.0% |
| Equity | 10/15 | €53,714 | €91,356 | +€37,642 | +70.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €34,964 | €72,606 | +€37,642 | +107.7% |
| Distributable reserves | 133 | €34,964 | €72,606 | +€37,642 | +107.7% |
| Amounts payable | 17/49 | €20,885 | €38,420 | +€17,535 | +84.0% |
| Amounts payable within one year | 42/48 | €20,885 | €38,420 | +€17,535 | +84.0% |
| Trade debts | 44 | €5,013 | €9,839 | +€4,826 | +96.3% |
| Suppliers | 440/4 | €5,013 | €9,839 | +€4,826 | +96.3% |
| Taxes, remuneration and social security | 45 | €15,010 | €28,581 | +€13,572 | +90.4% |
| Taxes | 450/3 | €15,010 | €28,581 | +€13,572 | +90.4% |
| Other amounts payable | 47/48 | €862 | - | -€862 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,939 | €4,118 | -€821 | -16.6% |
| Other operating charges | 640/8 | €975 | €954 | -€21 | -2.1% |
| Gross operating margin | 9900 | €51,951 | €97,965 | +€46,014 | +88.6% |
| Operating profit (loss) | 9901 | €46,037 | €92,893 | +€46,856 | +101.8% |
| Financial income | 75/76B | €2 | €46 | +€44 | +2574.4% |
| Recurring financial income | 75 | €2 | €46 | +€44 | +2574.4% |
| Financial charges | 65/66B | €334 | €721 | +€388 | +116.1% |
| Recurring financial charges | 65 | €334 | €408 | +€74 | +22.3% |
| Non-recurring financial charges | 66B | - | €313 | +€313 | |
| Profit (loss) for the period before taxes | 9903 | €45,705 | €92,217 | +€46,513 | +101.8% |
| Income taxes | 67/77 | €10,741 | €19,611 | +€8,870 | +82.6% |
| Profit (loss) for the period | 9904 | €34,964 | €72,606 | +€37,642 | +107.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,964 | €72,606 | +€37,642 | +107.7% |
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 5 October 2026 via checked.be.