Seerden MDL: 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.
Seerden MDL
Largest movements
- Current investments +€66,757
up €66,757 (+42.3%), from €157,807 to €224,564
- Receivables within one year +€36,747
up €36,747 (+6.2%), from €591,133 to €627,881
- Cash -€21,463
down €21,463 (-11.9%), from €179,780 to €158,316
mainly Current investments (-€66,757) and Receivables within one year (-€36,747)
- Reserves +€77,664
up €77,664 (+8.7%), from €892,504 to €970,168
- Financial income +€4,261
up €4,261 (+22.0%), from €19,407 to €23,668
- Gross operating margin -€3,178
down €3,178 (-3.3%), from €95,097 to €91,919
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 | €931,606 | €1,015,382 | +€83,776 | +9.0% |
| Fixed assets | 21/28 | €2,886 | €4,621 | +€1,735 | +60.1% |
| Tangible fixed assets | 22/27 | €2,885 | €4,620 | +€1,735 | +60.2% |
| Plant, machinery and equipment | 23 | €590 | €1,243 | +€653 | +111% |
| Furniture and vehicles | 24 | €2,295 | €3,377 | +€1,082 | +47.2% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €928,720 | €1,010,761 | +€82,041 | +8.8% |
| Amounts receivable within one year | 40/41 | €591,133 | €627,881 | +€36,747 | +6.2% |
| Other amounts receivable | 41 | €591,133 | €627,881 | +€36,747 | +6.2% |
| Current investments | 50/53 | €157,807 | €224,564 | +€66,757 | +42.3% |
| Cash at bank and in hand | 54/58 | €179,780 | €158,316 | -€21,463 | -11.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €931,606 | €1,015,382 | +€83,776 | +9.0% |
| Equity | 10/15 | €911,104 | €988,768 | +€77,664 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €892,504 | €970,168 | +€77,664 | +8.7% |
| Distributable reserves | 133 | €892,504 | €970,168 | +€77,664 | +8.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,501 | €26,614 | +€6,112 | +29.8% |
| Amounts payable within one year | 42/48 | €14,201 | €19,598 | +€5,397 | +38.0% |
| Trade debts | 44 | €1,513 | €0 | -€1,513 | -100% |
| Suppliers | 440/4 | €1,513 | €0 | -€1,513 | -100% |
| Taxes, remuneration and social security | 45 | €7,689 | €14,598 | +€6,909 | +89.9% |
| Taxes | 450/3 | €7,689 | €14,598 | +€6,909 | +89.9% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,300 | €7,015 | +€715 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €570 | +€50 | +9.6% |
| Other operating charges | 640/8 | €836 | €1,437 | +€601 | +71.8% |
| Gross operating margin | 9900 | €95,097 | €91,919 | -€3,178 | -3.3% |
| Operating profit (loss) | 9901 | €93,741 | €89,912 | -€3,829 | -4.1% |
| Financial income | 75/76B | €19,407 | €23,668 | +€4,261 | +22.0% |
| Recurring financial income | 75 | €19,407 | €23,668 | +€4,261 | +22.0% |
| Financial charges | 65/66B | €855 | €350 | -€505 | -59.0% |
| Recurring financial charges | 65 | €855 | €350 | -€505 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €112,293 | €113,230 | +€937 | +0.8% |
| Income taxes | 67/77 | €30,404 | €30,566 | +€162 | +0.5% |
| Profit (loss) for the period | 9904 | €81,889 | €82,664 | +€774 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,889 | €82,664 | +€774 | +0.9% |
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 30 October 2026 via checked.be.