SEEDING SCIENCE: 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.
SEEDING SCIENCE
Largest movements
- Cash -€12,398
down €12,398 (-56.2%), from €22,068 to €9,670
mainly Contributions, distributions and other (-€18,143) and Receivables within one year (-€4,213)
- Receivables within one year +€4,213
up €4,213 (+25.4%), from €16,575 to €20,788
of which Trade receivables: +€3,662
- Deferred charges and accrued income -€2,009
down €2,009 (-75.9%), from €2,645 to €636
- Intangible fixed assets -€536
no longer reported in 2025 (was €536)
- Tangible fixed assets -€434
down €434 (-48.5%), from €896 to €462
- Profit (loss) carried forward -€9,758
down €9,758 (-46.6%), from €20,959 to €11,201
- Other debts -€601
no longer reported in 2025 (was €601)
- Taxes +€950
up €950 (+48.4%), from €1,965 to €2,916
- Depreciation -€542
down €542 (-35.8%), from €1,512 to €970
- Financial income -€194
down €194 (-55.6%), from €349 to €155
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 | €42,720 | €31,556 | -€11,164 | -26.1% |
| Fixed assets | 21/28 | €1,432 | €462 | -€970 | -67.8% |
| Intangible fixed assets | 21 | €536 | - | -€536 | |
| Tangible fixed assets | 22/27 | €896 | €462 | -€434 | -48.5% |
| Furniture and vehicles | 24 | €896 | €462 | -€434 | -48.5% |
| Current assets | 29/58 | €41,288 | €31,094 | -€10,194 | -24.7% |
| Amounts receivable within one year | 40/41 | €16,575 | €20,788 | +€4,213 | +25.4% |
| Trade receivables | 40 | €14,138 | €17,800 | +€3,662 | +25.9% |
| Other amounts receivable | 41 | €2,437 | €2,988 | +€551 | +22.6% |
| Cash at bank and in hand | 54/58 | €22,068 | €9,670 | -€12,398 | -56.2% |
| Deferred charges and accrued income | 490/1 | €2,645 | €636 | -€2,009 | -75.9% |
| Total equity and liabilities | 10/49 | €42,720 | €31,556 | -€11,164 | -26.1% |
| Equity | 10/15 | €39,959 | €30,201 | -€9,758 | -24.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,959 | €11,201 | -€9,758 | -46.6% |
| Amounts payable | 17/49 | €2,761 | €1,354 | -€1,406 | -50.9% |
| Amounts payable within one year | 42/48 | €2,761 | €1,354 | -€1,406 | -50.9% |
| Financial debts | 43 | €243 | €85 | -€158 | -64.8% |
| Credit institutions | 430/8 | €243 | €85 | -€158 | -64.8% |
| Trade debts | 44 | €809 | €399 | -€409 | -50.6% |
| Suppliers | 440/4 | €809 | €399 | -€409 | -50.6% |
| Taxes, remuneration and social security | 45 | €1,108 | €869 | -€238 | -21.5% |
| Taxes | 450/3 | €1,108 | €869 | -€238 | -21.5% |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,512 | €970 | -€542 | -35.8% |
| Other operating charges | 640/8 | €387 | €414 | +€27 | +6.9% |
| Gross operating margin | 9900 | €12,714 | €12,666 | -€48 | -0.4% |
| Operating profit (loss) | 9901 | €10,815 | €11,281 | +€467 | +4.3% |
| Financial income | 75/76B | €349 | €155 | -€194 | -55.6% |
| Recurring financial income | 75 | €349 | €155 | -€194 | -55.6% |
| Financial charges | 65/66B | €177 | €135 | -€42 | -23.6% |
| Recurring financial charges | 65 | €177 | €135 | -€42 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €10,986 | €11,301 | +€315 | +2.9% |
| Income taxes | 67/77 | €1,965 | €2,916 | +€950 | +48.4% |
| Profit (loss) for the period | 9904 | €9,021 | €8,385 | -€636 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,021 | €8,385 | -€636 | -7.0% |
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 19 October 2026 via checked.be.