SECOYA: 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.
SECOYA
Largest movements
- Receivables within one year +€6,130
up €6,130 (+745.5%), from €822 to €6,952
- Stocks and contracts -€4,546
down €4,546 (-16.2%), from €27,994 to €23,448
- Cash -€2,493
down €2,493 (-15.9%), from €15,647 to €13,154
mainly Receivables within one year (-€6,130) and Other debts (-€1,000)
- Other debts -€1,000
down €1,000 (-27.5%), from €3,640 to €2,640
- Tax, wage and social debts +€515
up €515 (+97.5%), from €529 to €1,044
- Gross operating margin -€1,393
down €1,393 (-79.4%), from €1,755 to €362
- Taxes -€117
no longer reported in 2025 (was €117)
- Other operating charges +€102
up €102 (+26.4%), from €387 to €490
- Financial charges +€63
up €63 (+76.1%), from €83 to €146
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 | €44,503 | €43,554 | -€949 | -2.1% |
| Current assets | 29/58 | €44,503 | €43,554 | -€949 | -2.1% |
| Stocks and contracts in progress | 3 | €27,994 | €23,448 | -€4,546 | -16.2% |
| Stocks | 30/36 | €27,994 | €23,448 | -€4,546 | -16.2% |
| Amounts receivable within one year | 40/41 | €822 | €6,952 | +€6,130 | +745.5% |
| Trade receivables | 40 | €822 | €6,952 | +€6,130 | +745.5% |
| Cash at bank and in hand | 54/58 | €15,647 | €13,154 | -€2,493 | -15.9% |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €44,503 | €43,554 | -€949 | -2.1% |
| Equity | 10/15 | €39,801 | €39,528 | -€274 | -0.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €14,801 | €14,528 | -€274 | -1.8% |
| Distributable reserves | 133 | €14,801 | €14,528 | -€274 | -1.8% |
| Amounts payable | 17/49 | €4,702 | €4,026 | -€675 | -14.4% |
| Amounts payable within one year | 42/48 | €4,702 | €4,026 | -€675 | -14.4% |
| Trade debts | 44 | €533 | €343 | -€191 | -35.7% |
| Suppliers | 440/4 | €533 | €343 | -€191 | -35.7% |
| Taxes, remuneration and social security | 45 | €529 | €1,044 | +€515 | +97.5% |
| Taxes | 450/3 | €529 | €1,044 | +€515 | +97.5% |
| Other amounts payable | 47/48 | €3,640 | €2,640 | -€1,000 | -27.5% |
| Other operating charges | 640/8 | €387 | €490 | +€102 | +26.4% |
| Gross operating margin | 9900 | €1,755 | €362 | -€1,393 | -79.4% |
| Operating profit (loss) | 9901 | €1,368 | -€128 | -€1,495 | |
| Financial charges | 65/66B | €83 | €146 | +€63 | +76.1% |
| Recurring financial charges | 65 | €83 | €146 | +€63 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | €1,285 | -€274 | -€1,559 | |
| Income taxes | 67/77 | €117 | - | -€117 | |
| Profit (loss) for the period | 9904 | €1,168 | -€274 | -€1,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,168 | -€274 | -€1,442 |
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.