SEEBA WINDPARK BVBA: 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.
SEEBA WINDPARK BVBA
Largest movements
- Cash -€2.0m
down €2.0m (-91.0%), from €2.2m to €199,375
mainly Current investments (-€1.1m) and Contributions, distributions and other (-€500,000)
- Current investments +€1.1m
new in 2025: €1.1m
- Reserves -€500,000
down €500,000 (-41.2%), from €1.2m to €714,895
of which Distributable reserves: -€500,000
- Accrued charges and deferred income -€266,995
down €266,995 (-86.7%), from €308,093 to €41,098
- Tax, wage and social debts -€264,660
down €264,660 (-94.4%), from €280,347 to €15,687
- Provisions +€102,880
up €102,880 (+17.8%), from €576,873 to €679,752
- Profit (loss) carried forward -€46,038
new in 2025: -€46,038
- Turnover -€733,223
down €733,223 (-51.7%), from €1.4m to €684,966
- Other operating income +€241,452
new in 2025: €241,452
- Taxes -€230,542
down €230,542 (-92.4%), from €249,490 to €18,947
of which Taxes: -€278,984
- Services and other goods +€220,311
up €220,311 (+35.0%), from €630,152 to €850,464
- Provisions +€45,171
up €45,171 (+78.3%), from €57,709 to €102,880
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.
Derived cash bridge
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 | €2,401,157 | €1,465,364 | -€935,794 | -39.0% |
| Fixed assets | 21/28 | €240 | €240 | = | 0.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Other financial fixed assets | 284/8 | €240 | €240 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €2,400,917 | €1,465,124 | -€935,794 | -39.0% |
| Amounts receivable within one year | 40/41 | €179,822 | €194,561 | +€14,739 | +8.2% |
| Trade receivables | 40 | €131,380 | €90,283 | -€41,097 | -31.3% |
| Other amounts receivable | 41 | €48,442 | €104,278 | +€55,837 | +115% |
| Current investments | 50/53 | - | €1,070,520 | +€1.1m | |
| Other investments | 51/53 | - | €1,070,520 | +€1.1m | |
| Cash at bank and in hand | 54/58 | €2,221,095 | €199,375 | -€2.0m | -91.0% |
| Deferred charges and accrued income | 490/1 | - | €667 | +€667 | |
| Total equity and liabilities | 10/49 | €2,401,157 | €1,465,364 | -€935,794 | -39.0% |
| Equity | 10/15 | €1,233,445 | €687,408 | -€546,038 | -44.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,214,895 | €714,895 | -€500,000 | -41.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,213,040 | €713,040 | -€500,000 | -41.2% |
| Profit (loss) carried forward | 14 | - | -€46,038 | -€46,038 | |
| Provisions and deferred taxes | 16 | €576,873 | €679,752 | +€102,880 | +17.8% |
| Provisions for liabilities and charges | 160/5 | €576,873 | €679,752 | +€102,880 | +17.8% |
| Other liabilities and charges | 164/5 | €576,873 | €679,752 | +€102,880 | +17.8% |
| Amounts payable | 17/49 | €590,839 | €98,203 | -€492,636 | -83.4% |
| Amounts payable within one year | 42/48 | €282,747 | €57,105 | -€225,641 | -79.8% |
| Trade debts | 44 | €2,400 | €41,419 | +€39,019 | +1,626% |
| Suppliers | 440/4 | €2,400 | €41,419 | +€39,019 | +1,626% |
| Taxes, remuneration and social security | 45 | €280,347 | €15,687 | -€264,660 | -94.4% |
| Taxes | 450/3 | €280,347 | €15,687 | -€264,660 | -94.4% |
| Accrued charges and deferred income | 492/3 | €308,093 | €41,098 | -€266,995 | -86.7% |
| Operating income | 70/76A | €1,418,189 | €926,417 | -€491,772 | -34.7% |
| Turnover | 70 | €1,418,189 | €684,966 | -€733,223 | -51.7% |
| Other operating income | 74 | - | €241,452 | +€241,452 | |
| Operating charges | 60/66A | €705,558 | €969,570 | +€264,012 | +37.4% |
| Services and other goods | 61 | €630,152 | €850,464 | +€220,311 | +35.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €57,709 | €102,880 | +€45,171 | +78.3% |
| Other operating charges | 640/8 | €17,697 | €16,227 | -€1,470 | -8.3% |
| Operating profit (loss) | 9901 | €712,630 | -€43,153 | -€755,783 | |
| Financial income | 75/76B | €10,703 | €16,578 | +€5,874 | +54.9% |
| Recurring financial income | 75 | €10,703 | €16,578 | +€5,874 | +54.9% |
| Income from current assets | 751 | €10,703 | €16,578 | +€5,874 | +54.9% |
| Financial charges | 65/66B | €502 | €515 | +€13 | +2.5% |
| Recurring financial charges | 65 | €502 | €515 | +€13 | +2.5% |
| Debt charges | 650 | €502 | €515 | +€13 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €722,831 | -€27,090 | -€749,922 | |
| Income taxes | 67/77 | €249,490 | €18,947 | -€230,542 | -92.4% |
| Taxes | 670/3 | €297,931 | €18,947 | -€278,984 | -93.6% |
| Tax adjustments and reversals of tax provisions | 77 | €48,442 | - | -€48,442 | |
| Profit (loss) for the period | 9904 | €473,342 | -€46,038 | -€519,379 | |
| Profit (loss) for the period to be appropriated | 9905 | €473,342 | -€46,038 | -€519,379 |
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 22 October 2026 via checked.be.