Seicon: 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.
Seicon
Largest movements
- Cash +€84,443
up €84,443 (+1688.9%), from €5,000 to €89,443
mainly Net result for the year (+€61,236) and Tax, wage and social debts (+€27,438)
- Receivables within one year +€19,152
up €19,152 (+6520.5%), from €294 to €19,446
of which Trade receivables: +€19,446
- Tangible fixed assets +€1,614
new in 2025: €1,614
- Reserves +€59,083
new in 2025: €59,083
- Tax, wage and social debts +€27,438
new in 2025: €27,438
- Other debts +€19,971
up €19,971 (+4292.0%), from €465 to €20,436
- Trade debts -€2,226
no longer reported in 2025 (was €2,226)
- Gross operating margin +€79,239
up €79,239, from -€465 to €78,774
- Taxes +€15,773
new in 2025: €15,773
- Other operating charges +€925
new in 2025: €925
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 | €7,205 | €111,957 | +€104,752 | +1453.9% |
| Formation expenses | 20 | €1,911 | €1,455 | -€456 | -23.9% |
| Fixed assets | 21/28 | - | €1,614 | +€1,614 | |
| Tangible fixed assets | 22/27 | - | €1,614 | +€1,614 | |
| Furniture and vehicles | 24 | - | €1,614 | +€1,614 | |
| Current assets | 29/58 | €5,294 | €108,888 | +€103,595 | +1957.0% |
| Amounts receivable within one year | 40/41 | €294 | €19,446 | +€19,152 | +6520.5% |
| Trade receivables | 40 | - | €19,446 | +€19,446 | |
| Other amounts receivable | 41 | €294 | - | -€294 | |
| Cash at bank and in hand | 54/58 | €5,000 | €89,443 | +€84,443 | +1688.9% |
| Total equity and liabilities | 10/49 | €7,205 | €111,957 | +€104,752 | +1453.9% |
| Equity | 10/15 | €4,513 | €64,083 | +€59,570 | +1320.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €59,083 | +€59,083 | |
| Distributable reserves | 133 | - | €59,083 | +€59,083 | |
| Profit (loss) carried forward | 14 | -€487 | - | +€487 | |
| Amounts payable | 17/49 | €2,692 | €47,874 | +€45,183 | +1678.6% |
| Amounts payable within one year | 42/48 | €2,692 | €47,874 | +€45,183 | +1678.6% |
| Trade debts | 44 | €2,226 | - | -€2,226 | |
| Suppliers | 440/4 | €2,226 | - | -€2,226 | |
| Taxes, remuneration and social security | 45 | - | €27,438 | +€27,438 | |
| Taxes | 450/3 | - | €27,438 | +€27,438 | |
| Other amounts payable | 47/48 | €465 | €20,436 | +€19,971 | +4292.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €789 | +€767 | +3561.0% |
| Other operating charges | 640/8 | - | €925 | +€925 | |
| Gross operating margin | 9900 | -€465 | €78,774 | +€79,239 | |
| Operating profit (loss) | 9901 | -€487 | €77,060 | +€77,547 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €0 | €66 | +€66 | +43900.0% |
| Recurring financial charges | 65 | €0 | €66 | +€66 | +43900.0% |
| Profit (loss) for the period before taxes | 9903 | -€487 | €77,009 | +€77,496 | |
| Income taxes | 67/77 | - | €15,773 | +€15,773 | |
| Profit (loss) for the period | 9904 | -€487 | €61,236 | +€61,723 | |
| Profit (loss) for the period to be appropriated | 9905 | -€487 | €61,236 | +€61,723 |
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 3 October 2026 via checked.be.