SEETECH LIGHTING: what changed
Two fiscal 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.
SEETECH LIGHTING
Largest movements
- Stocks and contracts -€21,487
down €21,487 (-100.0%), from €21,487 to €0
- Intangible fixed assets -€6,029
down €6,029 (-50.0%), from €12,058 to €6,029
- Cash +€861
up €861 (+808.0%), from €107 to €968
mainly Debts after one year (+€34,908) and Stocks and contracts (+€21,487)
- Receivables within one year -€606
down €606 (-66.2%), from €915 to €309
of which Trade receivables: -€666
- Other debts -€58,566
down €58,566 (-99.7%), from €58,720 to €154
- Debts after one year +€34,908
up €34,908 (+339.4%), from €10,286 to €45,194
- Current portion of long-term debt -€10,093
down €10,093 (-49.5%), from €20,379 to €10,286
- Accrued charges and deferred income +€3,441
new in 2025: €3,441
- Trade debts +€1,463
up €1,463 (+156.7%), from €933 to €2,396
- Gross operating margin +€9,509
up €9,509 (+997.5%), from €953 to €10,462
- Financial charges +€236
up €236 (+10.8%), from €2,175 to €2,410
- Depreciation -€211
down €211 (-3.2%), from €6,502 to €6,290
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 | €34,979 | €7,495 | -€27,484 | -78.6% |
| Formation expenses | 20 | €262 | €0 | -€262 | -100.0% |
| Fixed assets | 21/28 | €12,182 | €6,153 | -€6,029 | -49.5% |
| Intangible fixed assets | 21 | €12,058 | €6,029 | -€6,029 | -50.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €22,536 | €1,342 | -€21,194 | -94.0% |
| Stocks and contracts in progress | 3 | €21,487 | €0 | -€21,487 | -100.0% |
| Stocks | 30/36 | €21,487 | €0 | -€21,487 | -100.0% |
| Amounts receivable within one year | 40/41 | €915 | €309 | -€606 | -66.2% |
| Trade receivables | 40 | €666 | €0 | -€666 | -100.0% |
| Other amounts receivable | 41 | €248 | €309 | +€61 | +24.4% |
| Cash at bank and in hand | 54/58 | €107 | €968 | +€861 | +808.0% |
| Deferred charges and accrued income | 490/1 | €28 | €66 | +€38 | +134.7% |
| Total equity and liabilities | 10/49 | €34,979 | €7,495 | -€27,484 | -78.6% |
| Equity | 10/15 | -€55,338 | -€53,977 | +€1,361 | +2.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,338 | -€103,977 | +€1,361 | +1.3% |
| Amounts payable | 17/49 | €90,318 | €61,472 | -€28,846 | -31.9% |
| Amounts payable after more than one year | 17 | €10,286 | €45,194 | +€34,908 | +339.4% |
| Financial debts | 170/4 | €10,286 | €45,194 | +€34,908 | +339.4% |
| Amounts payable within one year | 42/48 | €80,032 | €12,836 | -€67,195 | -84.0% |
| Current portion of amounts payable after more than one year | 42 | €20,379 | €10,286 | -€10,093 | -49.5% |
| Trade debts | 44 | €933 | €2,396 | +€1,463 | +156.7% |
| Suppliers | 440/4 | €933 | €2,396 | +€1,463 | +156.7% |
| Other amounts payable | 47/48 | €58,720 | €154 | -€58,566 | -99.7% |
| Accrued charges and deferred income | 492/3 | - | €3,441 | +€3,441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,502 | €6,290 | -€211 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €953 | €10,462 | +€9,509 | +997.5% |
| Operating profit (loss) | 9901 | -€5,936 | €3,772 | +€9,707 | |
| Financial charges | 65/66B | €2,175 | €2,410 | +€236 | +10.8% |
| Recurring financial charges | 65 | €2,175 | €2,410 | +€236 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,110 | €1,361 | +€9,472 | |
| Profit (loss) for the period | 9904 | -€8,110 | €1,361 | +€9,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,110 | €1,361 | +€9,472 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.