SEEKOEI: 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.
SEEKOEI
Largest movements
- Cash +€30,287
up €30,287 (+164.3%), from €18,431 to €48,717
mainly Net result for the year (+€36,513) and Trade debts (+€13,725)
- Receivables within one year +€20,753
up €20,753 (+776.7%), from €2,672 to €23,425
of which Trade receivables: +€19,991
- Tangible fixed assets -€9,935
down €9,935 (-61.6%), from €16,125 to €6,189
of which Furniture and vehicles: -€9,585
- Deferred charges and accrued income +€924
up €924 (+67.8%), from €1,363 to €2,287
- Reserves +€33,467
up €33,467 (+449.2%), from €7,451 to €40,917
- Trade debts +€13,725
up €13,725 (+788.5%), from €1,741 to €15,466
- Debts after one year -€6,198
down €6,198 (-45.1%), from €13,758 to €7,560
- Profit (loss) carried forward +€3,046
no longer reported in 2025 (was -€3,046)
- Tax, wage and social debts -€1,637
down €1,637 (-70.1%), from €2,337 to €700
of which Taxes: -€1,745
- Gross operating margin +€49,234
up €49,234 (+430.4%), from €11,440 to €60,674
- Taxes +€9,677
up €9,677 (+7560.1%), from €128 to €9,805
- Depreciation +€629
up €629 (+5.2%), from €12,205 to €12,834
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 | €38,590 | €80,619 | +€42,029 | +108.9% |
| Fixed assets | 21/28 | €16,125 | €6,189 | -€9,935 | -61.6% |
| Tangible fixed assets | 22/27 | €16,125 | €6,189 | -€9,935 | -61.6% |
| Furniture and vehicles | 24 | €13,061 | €3,476 | -€9,585 | -73.4% |
| Other tangible fixed assets | 26 | €3,064 | €2,714 | -€350 | -11.4% |
| Current assets | 29/58 | €22,466 | €74,429 | +€51,964 | +231.3% |
| Amounts receivable within one year | 40/41 | €2,672 | €23,425 | +€20,753 | +776.7% |
| Trade receivables | 40 | €1,000 | €20,991 | +€19,991 | +1999.1% |
| Other amounts receivable | 41 | €1,672 | €2,434 | +€762 | +45.5% |
| Cash at bank and in hand | 54/58 | €18,431 | €48,717 | +€30,287 | +164.3% |
| Deferred charges and accrued income | 490/1 | €1,363 | €2,287 | +€924 | +67.8% |
| Total equity and liabilities | 10/49 | €38,590 | €80,619 | +€42,029 | +108.9% |
| Equity | 10/15 | €12,404 | €48,917 | +€36,513 | +294.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €7,451 | €40,917 | +€33,467 | +449.2% |
| Distributable reserves | 133 | €7,451 | €40,917 | +€33,467 | +449.2% |
| Profit (loss) carried forward | 14 | -€3,046 | - | +€3,046 | |
| Amounts payable | 17/49 | €26,186 | €31,701 | +€5,516 | +21.1% |
| Amounts payable after more than one year | 17 | €13,758 | €7,560 | -€6,198 | -45.1% |
| Financial debts | 170/4 | €13,758 | €7,560 | -€6,198 | -45.1% |
| Amounts payable within one year | 42/48 | €12,427 | €24,142 | +€11,714 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €5,949 | €6,198 | +€249 | +4.2% |
| Trade debts | 44 | €1,741 | €15,466 | +€13,725 | +788.5% |
| Suppliers | 440/4 | €1,741 | €15,466 | +€13,725 | +788.5% |
| Taxes, remuneration and social security | 45 | €2,337 | €700 | -€1,637 | -70.1% |
| Taxes | 450/3 | €2,337 | €592 | -€1,745 | -74.7% |
| Remuneration and social security | 454/9 | - | €108 | +€108 | |
| Other amounts payable | 47/48 | €2,401 | €1,778 | -€623 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,205 | €12,834 | +€629 | +5.2% |
| Other operating charges | 640/8 | €739 | €627 | -€111 | -15.1% |
| Gross operating margin | 9900 | €11,440 | €60,674 | +€49,234 | +430.4% |
| Operating profit (loss) | 9901 | -€1,504 | €47,212 | +€48,716 | |
| Financial income | 75/76B | €0 | €14 | +€14 | +12545.5% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +12545.5% |
| Financial charges | 65/66B | €1,414 | €908 | -€506 | -35.8% |
| Recurring financial charges | 65 | €1,414 | €908 | -€506 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,918 | €46,318 | +€49,236 | |
| Income taxes | 67/77 | €128 | €9,805 | +€9,677 | +7560.1% |
| Profit (loss) for the period | 9904 | -€3,046 | €36,513 | +€39,559 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,046 | €36,513 | +€39,559 |
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 11 October 2026 via checked.be.