seidr: 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.
seidr
Largest movements
- Cash +€19,185
up €19,185 (+26.3%), from €72,839 to €92,024
mainly Net result for the year (+€31,287) and Receivables within one year (+€14,408)
- Receivables within one year -€14,408
down €14,408 (-48.8%), from €29,548 to €15,140
- Deferred charges and accrued income +€13,000
new in 2025: €13,000
- Tangible fixed assets +€7,536
up €7,536 (+146.9%), from €5,129 to €12,665
of which Furniture and vehicles: +€9,554
- Reserves +€31,287
up €31,287 (+42.6%), from €73,463 to €104,750
- Tax, wage and social debts -€6,317
down €6,317 (-23.8%), from €26,559 to €20,242
- Other debts +€2,305
up €2,305 (+115.5%), from €1,996 to €4,302
- Trade debts -€1,963
down €1,963 (-56.1%), from €3,498 to €1,535
- Gross operating margin -€13,361
down €13,361 (-22.2%), from €60,182 to €46,820
- Taxes -€3,748
down €3,748 (-23.7%), from €15,822 to €12,074
- Depreciation +€1,189
up €1,189 (+316.2%), from €376 to €1,565
- Other operating charges -€729
down €729 (-78.6%), from €927 to €198
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 | €107,516 | €132,829 | +€25,313 | +23.5% |
| Fixed assets | 21/28 | €5,129 | €12,665 | +€7,536 | +146.9% |
| Tangible fixed assets | 22/27 | €5,129 | €12,665 | +€7,536 | +146.9% |
| Plant, machinery and equipment | 23 | €5,129 | €3,111 | -€2,019 | -39.4% |
| Furniture and vehicles | 24 | - | €9,554 | +€9,554 | |
| Current assets | 29/58 | €102,387 | €120,164 | +€17,777 | +17.4% |
| Amounts receivable within one year | 40/41 | €29,548 | €15,140 | -€14,408 | -48.8% |
| Trade receivables | 40 | €29,548 | €15,140 | -€14,408 | -48.8% |
| Cash at bank and in hand | 54/58 | €72,839 | €92,024 | +€19,185 | +26.3% |
| Deferred charges and accrued income | 490/1 | - | €13,000 | +€13,000 | |
| Total equity and liabilities | 10/49 | €107,516 | €132,829 | +€25,313 | +23.5% |
| Equity | 10/15 | €75,463 | €106,750 | +€31,287 | +41.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €73,463 | €104,750 | +€31,287 | +42.6% |
| Distributable reserves | 133 | €73,463 | €104,750 | +€31,287 | +42.6% |
| Amounts payable | 17/49 | €32,054 | €26,079 | -€5,975 | -18.6% |
| Amounts payable within one year | 42/48 | €32,054 | €26,079 | -€5,975 | -18.6% |
| Trade debts | 44 | €3,498 | €1,535 | -€1,963 | -56.1% |
| Suppliers | 440/4 | €3,498 | €1,535 | -€1,963 | -56.1% |
| Taxes, remuneration and social security | 45 | €26,559 | €20,242 | -€6,317 | -23.8% |
| Taxes | 450/3 | €26,559 | €20,242 | -€6,317 | -23.8% |
| Other amounts payable | 47/48 | €1,996 | €4,302 | +€2,305 | +115.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €1,565 | +€1,189 | +316.2% |
| Other operating charges | 640/8 | €927 | €198 | -€729 | -78.6% |
| Gross operating margin | 9900 | €60,182 | €46,820 | -€13,361 | -22.2% |
| Operating profit (loss) | 9901 | €58,879 | €45,057 | -€13,822 | -23.5% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €2,342 | €1,742 | -€600 | -25.6% |
| Recurring financial charges | 65 | €2,342 | €1,742 | -€600 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €56,536 | €43,361 | -€13,175 | -23.3% |
| Income taxes | 67/77 | €15,822 | €12,074 | -€3,748 | -23.7% |
| Profit (loss) for the period | 9904 | €40,715 | €31,287 | -€9,427 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,715 | €31,287 | -€9,427 | -23.2% |
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 10 October 2026 via checked.be.