SEEYA: 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.
SEEYA
Largest movements
- Stocks and contracts -€1,946
down €1,946 (-39.5%), from €4,927 to €2,981
- Cash -€1,044
down €1,044 (-91.0%), from €1,148 to €104
mainly Net result for the year (-€3,982) and Other debts (-€803)
- Receivables within one year -€762
down €762 (-33.0%), from €2,313 to €1,551
of which Other amounts receivable: -€922
- Profit (loss) carried forward -€3,982
down €3,982 (-13.4%), from -€29,692 to -€33,674
- Trade debts +€1,695
up €1,695 (+136.7%), from €1,239 to €2,934
- Other debts -€803
down €803 (-2.7%), from €29,979 to €29,175
- Tax, wage and social debts -€662
no longer reported in 2025 (was €662)
- Gross operating margin -€7,759
down €7,759, from €4,217 to -€3,542
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
- Financial charges -€192
down €192 (-82.6%), from €232 to €40
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 | €8,388 | €4,636 | -€3,753 | -44.7% |
| Current assets | 29/58 | €8,388 | €4,636 | -€3,753 | -44.7% |
| Stocks and contracts in progress | 3 | €4,927 | €2,981 | -€1,946 | -39.5% |
| Stocks | 30/36 | €4,927 | €2,981 | -€1,946 | -39.5% |
| Amounts receivable within one year | 40/41 | €2,313 | €1,551 | -€762 | -33.0% |
| Trade receivables | 40 | €1,101 | €1,261 | +€160 | +14.5% |
| Other amounts receivable | 41 | €1,212 | €290 | -€922 | -76.1% |
| Cash at bank and in hand | 54/58 | €1,148 | €104 | -€1,044 | -91.0% |
| Total equity and liabilities | 10/49 | €8,388 | €4,636 | -€3,753 | -44.7% |
| Equity | 10/15 | -€23,492 | -€27,474 | -€3,982 | -17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,692 | -€33,674 | -€3,982 | -13.4% |
| Amounts payable | 17/49 | €31,880 | €32,109 | +€230 | +0.7% |
| Amounts payable within one year | 42/48 | €31,880 | €32,109 | +€230 | +0.7% |
| Trade debts | 44 | €1,239 | €2,934 | +€1,695 | +136.7% |
| Suppliers | 440/4 | €1,239 | €2,934 | +€1,695 | +136.7% |
| Taxes, remuneration and social security | 45 | €662 | - | -€662 | |
| Taxes | 450/3 | €662 | - | -€662 | |
| Other amounts payable | 47/48 | €29,979 | €29,175 | -€803 | -2.7% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €4,217 | -€3,542 | -€7,759 | |
| Operating profit (loss) | 9901 | €3,446 | -€3,942 | -€7,387 | |
| Financial charges | 65/66B | €232 | €40 | -€192 | -82.6% |
| Recurring financial charges | 65 | €232 | €40 | -€192 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €3,213 | -€3,982 | -€7,196 | |
| Profit (loss) for the period | 9904 | €3,213 | -€3,982 | -€7,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,213 | -€3,982 | -€7,196 |
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 6 October 2026 via checked.be.