SEILING GLOBAL: 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.
SEILING GLOBAL
Largest movements
- Receivables within one year +€2,456
up €2,456 (+37.6%), from €6,524 to €8,980
- Stocks and contracts -€2,067
down €2,067 (-5.1%), from €40,317 to €38,250
- Cash -€739
down €739 (-37.7%), from €1,960 to €1,220
mainly Trade debts (-€14,313) and Net result for the year (-€7,840)
- Other debts +€15,488
up €15,488 (+491.8%), from €3,149 to €18,637
- Trade debts -€14,313
down €14,313 (-27.6%), from €51,934 to €37,622
- Profit (loss) carried forward -€7,840
down €7,840 (-33.9%), from -€23,154 to -€30,994
- Tax, wage and social debts +€6,314
up €6,314 (+84.5%), from €7,472 to €13,785
of which Remuneration and social security: +€6,084
- Purchases and services -€26,602
down €26,602 (-61.9%), from €42,996 to €16,394
- Gross operating margin +€26,354
up €26,354, from -€15,813 to €10,541
- Other operating charges +€8,795
new in 2025: €8,795
- Staff costs +€2,101
up €2,101 (+28.9%), from €7,266 to €9,367
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 | €49,401 | €49,050 | -€350 | -0.7% |
| Fixed assets | 21/28 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €48,801 | €48,450 | -€350 | -0.7% |
| Stocks and contracts in progress | 3 | €40,317 | €38,250 | -€2,067 | -5.1% |
| Stocks | 30/36 | €40,317 | €38,250 | -€2,067 | -5.1% |
| Amounts receivable within one year | 40/41 | €6,524 | €8,980 | +€2,456 | +37.6% |
| Trade receivables | 40 | €6,524 | €8,980 | +€2,456 | +37.6% |
| Cash at bank and in hand | 54/58 | €1,960 | €1,220 | -€739 | -37.7% |
| Total equity and liabilities | 10/49 | €49,401 | €49,050 | -€350 | -0.7% |
| Equity | 10/15 | -€13,154 | -€20,994 | -€7,840 | -59.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,154 | -€30,994 | -€7,840 | -33.9% |
| Amounts payable | 17/49 | €62,555 | €70,044 | +€7,489 | +12.0% |
| Amounts payable within one year | 42/48 | €62,555 | €70,044 | +€7,489 | +12.0% |
| Trade debts | 44 | €51,934 | €37,622 | -€14,313 | -27.6% |
| Suppliers | 440/4 | €51,934 | €37,622 | -€14,313 | -27.6% |
| Taxes, remuneration and social security | 45 | €7,472 | €13,785 | +€6,314 | +84.5% |
| Taxes | 450/3 | €2,826 | €3,055 | +€229 | +8.1% |
| Remuneration and social security | 454/9 | €4,646 | €10,730 | +€6,084 | +131.0% |
| Other amounts payable | 47/48 | €3,149 | €18,637 | +€15,488 | +491.8% |
| Turnover | 70 | €27,183 | €26,934 | -€249 | -0.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,996 | €16,394 | -€26,602 | -61.9% |
| Remuneration, social security and pensions | 62 | €7,266 | €9,367 | +€2,101 | +28.9% |
| Other operating charges | 640/8 | - | €8,795 | +€8,795 | |
| Gross operating margin | 9900 | -€15,813 | €10,541 | +€26,354 | |
| Operating profit (loss) | 9901 | -€23,079 | -€7,621 | +€15,458 | +67.0% |
| Financial charges | 65/66B | €75 | €218 | +€143 | +191.4% |
| Recurring financial charges | 65 | €75 | €218 | +€143 | +191.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,154 | -€7,840 | +€15,315 | +66.1% |
| Profit (loss) for the period | 9904 | -€23,154 | -€7,840 | +€15,315 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,154 | -€7,840 | +€15,315 | +66.1% |
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 7 October 2026 via checked.be.