SECOYA Technologies: what changed
Two financial 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 Technologies
Largest movements
- Intangible fixed assets -€244,428
down €244,428 (-19.1%), from €1.3m to €1.0m
- Cash +€116,009
up €116,009 (+306.6%), from €37,832 to €153,842
mainly Depreciation (+€559,423) and Short-term financial debts (+€398,526)
- Receivables within one year -€53,559
down €53,559 (-7.5%), from €717,993 to €664,434
of which Other amounts receivable: -€58,118
- Tangible fixed assets +€43,804
up €43,804 (+23.1%), from €189,716 to €233,521
of which Plant, machinery and equipment: +€86,219
- Profit (loss) carried forward -€711,738
down €711,738 (-29.1%), from -€2.4m to -€3.2m
- Short-term financial debts +€398,526
up €398,526, from €0 to €398,526
- Debts after one year +€138,585
up €138,585 (+12.2%), from €1.1m to €1.3m
- Accrued charges and deferred income -€49,500
down €49,500 (-100.0%), from €49,500 to €0
- Current portion of long-term debt +€37,999
up €37,999 (+30.3%), from €125,575 to €163,574
- Staff costs +€279,233
up €279,233 (+216.0%), from €129,277 to €408,510
- Financial income +€218,094
up €218,094 (+1320183.3%), from €17 to €218,111
- Gross operating margin +€149,788
up €149,788 (+112.1%), from €133,650 to €283,439
- Other operating charges +€140,599
up €140,599 (+1337.0%), from €10,516 to €151,114
- Financial charges +€74,746
up €74,746 (+383.5%), from €19,493 to €94,239
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 | €2,430,834 | €2,309,933 | -€120,901 | -5.0% |
| Fixed assets | 21/28 | €1,470,406 | €1,282,283 | -€188,124 | -12.8% |
| Intangible fixed assets | 21 | €1,280,690 | €1,036,262 | -€244,428 | -19.1% |
| Tangible fixed assets | 22/27 | €189,716 | €233,521 | +€43,804 | +23.1% |
| Plant, machinery and equipment | 23 | €24,232 | €110,452 | +€86,219 | +355.8% |
| Furniture and vehicles | 24 | €92,322 | €74,458 | -€17,864 | -19.3% |
| Leasing and similar rights | 25 | €61,266 | €39,231 | -€22,035 | -36.0% |
| Other tangible fixed assets | 26 | €11,896 | €9,380 | -€2,516 | -21.2% |
| Financial fixed assets | 28 | - | €12,500 | +€12,500 | |
| Current assets | 29/58 | €960,427 | €1,027,650 | +€67,222 | +7.0% |
| Stocks and contracts in progress | 3 | €187,763 | €192,713 | +€4,950 | +2.6% |
| Stocks | 30/36 | €187,763 | €192,713 | +€4,950 | +2.6% |
| Amounts receivable within one year | 40/41 | €717,993 | €664,434 | -€53,559 | -7.5% |
| Trade receivables | 40 | €531,662 | €536,221 | +€4,559 | +0.9% |
| Other amounts receivable | 41 | €186,331 | €128,213 | -€58,118 | -31.2% |
| Cash at bank and in hand | 54/58 | €37,832 | €153,842 | +€116,009 | +306.6% |
| Deferred charges and accrued income | 490/1 | €16,839 | €16,661 | -€177 | -1.1% |
| Total equity and liabilities | 10/49 | €2,430,834 | €2,309,933 | -€120,901 | -5.0% |
| Equity | 10/15 | €930,289 | €213,187 | -€717,102 | -77.1% |
| Contributions | 10/11 | €2,866,052 | €2,866,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,444,079 | -€3,155,817 | -€711,738 | -29.1% |
| Investment grants | 15 | €508,317 | €502,952 | -€5,365 | -1.1% |
| Amounts payable | 17/49 | €1,500,544 | €2,096,745 | +€596,201 | +39.7% |
| Amounts payable after more than one year | 17 | €1,133,211 | €1,271,796 | +€138,585 | +12.2% |
| Financial debts | 170/4 | €1,133,211 | €1,271,796 | +€138,585 | +12.2% |
| Amounts payable within one year | 42/48 | €317,834 | €824,949 | +€507,116 | +159.6% |
| Current portion of amounts payable after more than one year | 42 | €125,575 | €163,574 | +€37,999 | +30.3% |
| Financial debts | 43 | €0 | €398,526 | +€398,526 | |
| Credit institutions | 430/8 | €0 | €398,526 | +€398,526 | |
| Trade debts | 44 | €168,536 | €204,545 | +€36,009 | +21.4% |
| Suppliers | 440/4 | €168,536 | €204,545 | +€36,009 | +21.4% |
| Taxes, remuneration and social security | 45 | €23,723 | €58,304 | +€34,582 | +145.8% |
| Taxes | 450/3 | €6,849 | €6,507 | -€343 | -5.0% |
| Remuneration and social security | 454/9 | €16,873 | €51,798 | +€34,924 | +207.0% |
| Accrued charges and deferred income | 492/3 | €49,500 | €0 | -€49,500 | -100.0% |
| Remuneration, social security and pensions | 62 | €129,277 | €408,510 | +€279,233 | +216.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €554,374 | €559,423 | +€5,049 | +0.9% |
| Other operating charges | 640/8 | €10,516 | €151,114 | +€140,599 | +1337.0% |
| Gross operating margin | 9900 | €133,650 | €283,439 | +€149,788 | +112.1% |
| Operating profit (loss) | 9901 | -€560,517 | -€835,609 | -€275,092 | -49.1% |
| Financial income | 75/76B | €17 | €218,111 | +€218,094 | +1320183.3% |
| Recurring financial income | 75 | €17 | €218,111 | +€218,094 | +1320183.3% |
| Financial charges | 65/66B | €19,493 | €94,239 | +€74,746 | +383.5% |
| Recurring financial charges | 65 | €19,493 | €94,239 | +€74,746 | +383.5% |
| Profit (loss) for the period before taxes | 9903 | -€579,994 | -€711,738 | -€131,744 | -22.7% |
| Income taxes | 67/77 | -€3,955 | €0 | +€3,955 | |
| Profit (loss) for the period | 9904 | -€576,039 | -€711,738 | -€135,699 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€576,039 | -€711,738 | -€135,699 | -23.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.