SEINHUIS: 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.
SEINHUIS
Largest movements
- Tangible fixed assets +€9,871
up €9,871 (+4.6%), from €216,445 to €226,316
of which Land and buildings: +€8,231
- Profit (loss) carried forward +€11,507
up €11,507, from -€342 to €11,165
- Gross operating margin +€5,376
up €5,376 (+18.0%), from €29,950 to €35,326
- Depreciation -€4,345
down €4,345 (-25.7%), from €16,922 to €12,577
- Other operating charges +€3,021
up €3,021 (+79.4%), from €3,803 to €6,825
- Taxes +€1,542
up €1,542 (+67.2%), from €2,294 to €3,836
- Financial charges +€533
up €533 (+1,096%), from €49 to €582
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.
Derived cash bridge
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 | €219,576 | €231,706 | +€12,130 | +5.5% |
| Fixed assets | 21/28 | €216,445 | €226,316 | +€9,871 | +4.6% |
| Tangible fixed assets | 22/27 | €216,445 | €226,316 | +€9,871 | +4.6% |
| Land and buildings | 22 | €215,563 | €223,793 | +€8,231 | +3.8% |
| Furniture and vehicles | 24 | €883 | €2,523 | +€1,641 | +186% |
| Current assets | 29/58 | €3,131 | €5,390 | +€2,259 | +72.2% |
| Amounts receivable within one year | 40/41 | €706 | €2,440 | +€1,734 | +246% |
| Trade receivables | 40 | - | €1,734 | +€1,734 | |
| Other amounts receivable | 41 | €706 | €706 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,425 | €2,950 | +€525 | +21.7% |
| Total equity and liabilities | 10/49 | €219,576 | €231,706 | +€12,130 | +5.5% |
| Equity | 10/15 | €18,258 | €29,765 | +€11,507 | +63.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€342 | €11,165 | +€11,507 | |
| Amounts payable | 17/49 | €201,317 | €201,941 | +€623 | +0.3% |
| Amounts payable within one year | 42/48 | €201,317 | €201,941 | +€623 | +0.3% |
| Trade debts | 44 | €726 | €776 | +€50 | +6.9% |
| Suppliers | 440/4 | €726 | €776 | +€50 | +6.9% |
| Advances received on contracts in progress | 46 | - | €1,210 | +€1,210 | |
| Taxes, remuneration and social security | 45 | €219 | €836 | +€617 | +282% |
| Taxes | 450/3 | €219 | €836 | +€617 | +282% |
| Other amounts payable | 47/48 | €200,373 | €199,120 | -€1,253 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,922 | €12,577 | -€4,345 | -25.7% |
| Other operating charges | 640/8 | €3,803 | €6,825 | +€3,021 | +79.4% |
| Gross operating margin | 9900 | €29,950 | €35,326 | +€5,376 | +18.0% |
| Operating profit (loss) | 9901 | €9,224 | €15,924 | +€6,700 | +72.6% |
| Financial charges | 65/66B | €49 | €582 | +€533 | +1,096% |
| Recurring financial charges | 65 | €49 | €582 | +€533 | +1,096% |
| Profit (loss) for the period before taxes | 9903 | €9,176 | €15,342 | +€6,167 | +67.2% |
| Income taxes | 67/77 | €2,294 | €3,836 | +€1,542 | +67.2% |
| Profit (loss) for the period | 9904 | €6,882 | €11,507 | +€4,625 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,882 | €11,507 | +€4,625 | +67.2% |
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 13 October 2026 via checked.be.