SEKA Consulting: 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.
SEKA Consulting
Largest movements
- Receivables after one year -€78,442
down €78,442 (-100%), from €78,442 to €0
- Tangible fixed assets -€32,630
down €32,630 (-7.5%), from €435,218 to €402,588
of which Land and buildings: -€31,530
- Receivables within one year -€14,732
down €14,732 (-4.2%), from €350,134 to €335,402
of which Trade receivables: -€21,189
- Profit (loss) carried forward -€162,662
down €162,662 (-62.8%), from -€258,905 to -€421,567
- Other debts +€45,140
up €45,140 (+20.0%), from €225,778 to €270,918
- Current portion of long-term debt -€11,213
down €11,213 (-100%), from €11,213 to €0
- Other operating charges +€30,782
up €30,782 (+957%), from €3,215 to €33,997
- Write-downs -€30,000
new in 2025: -€30,000
- Financial charges -€4,906
down €4,906 (-84.6%), from €5,796 to €890
- Financial income +€3,858
up €3,858 (+99.7%), from €3,868 to €7,726
- Depreciation +€1,107
up €1,107 (+3.2%), from €34,665 to €35,772
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 | €872,109 | €742,541 | -€129,567 | -14.9% |
| Fixed assets | 21/28 | €436,718 | €404,728 | -€31,990 | -7.3% |
| Tangible fixed assets | 22/27 | €435,218 | €402,588 | -€32,630 | -7.5% |
| Land and buildings | 22 | €423,371 | €391,841 | -€31,530 | -7.4% |
| Plant, machinery and equipment | 23 | €11,059 | €10,746 | -€313 | -2.8% |
| Furniture and vehicles | 24 | €788 | €0 | -€788 | -100% |
| Financial fixed assets | 28 | €1,500 | €2,140 | +€640 | +42.7% |
| Current assets | 29/58 | €435,391 | €337,814 | -€97,577 | -22.4% |
| Amounts receivable after more than one year | 29 | €78,442 | €0 | -€78,442 | -100% |
| Other amounts receivable | 291 | €78,442 | €0 | -€78,442 | -100% |
| Stocks and contracts in progress | 3 | €5,072 | €0 | -€5,072 | -100% |
| Stocks | 30/36 | €5,072 | €0 | -€5,072 | -100% |
| Amounts receivable within one year | 40/41 | €350,134 | €335,402 | -€14,732 | -4.2% |
| Trade receivables | 40 | €22,889 | €1,700 | -€21,189 | -92.6% |
| Other amounts receivable | 41 | €327,244 | €333,702 | +€6,457 | +2.0% |
| Cash at bank and in hand | 54/58 | €169 | €361 | +€192 | +113% |
| Deferred charges and accrued income | 490/1 | €1,574 | €2,050 | +€477 | +30.3% |
| Total equity and liabilities | 10/49 | €872,109 | €742,541 | -€129,567 | -14.9% |
| Equity | 10/15 | -€236,980 | -€399,642 | -€162,662 | -68.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,725 | €15,725 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,725 | €15,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,905 | -€421,567 | -€162,662 | -62.8% |
| Amounts payable | 17/49 | €1,109,089 | €1,142,184 | +€33,095 | +3.0% |
| Amounts payable after more than one year | 17 | €865,000 | €865,000 | = | 0.0% |
| Financial debts | 170/4 | €865,000 | €865,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €244,089 | €277,184 | +€33,095 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €11,213 | €0 | -€11,213 | -100% |
| Trade debts | 44 | €5,497 | €4,889 | -€608 | -11.1% |
| Suppliers | 440/4 | €5,497 | €4,889 | -€608 | -11.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,601 | €1,377 | -€225 | -14.0% |
| Taxes | 450/3 | €1,601 | €1,377 | -€225 | -14.0% |
| Other amounts payable | 47/48 | €225,778 | €270,918 | +€45,140 | +20.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,665 | €35,772 | +€1,107 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€30,000 | -€30,000 | |
| Other operating charges | 640/8 | €3,215 | €33,997 | +€30,782 | +957% |
| Non-recurring operating charges | 66A | - | €82,811 | +€82,811 | |
| Gross operating margin | 9900 | -€46,265 | -€46,776 | -€511 | -1.1% |
| Operating profit (loss) | 9901 | -€84,145 | -€169,357 | -€85,212 | -101% |
| Financial income | 75/76B | €3,868 | €7,726 | +€3,858 | +99.7% |
| Recurring financial income | 75 | €3,868 | €7,726 | +€3,858 | +99.7% |
| Financial charges | 65/66B | €5,796 | €890 | -€4,906 | -84.6% |
| Recurring financial charges | 65 | €5,796 | €890 | -€4,906 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€86,073 | -€162,521 | -€76,449 | -88.8% |
| Income taxes | 67/77 | €266 | €141 | -€125 | -47.1% |
| Profit (loss) for the period | 9904 | -€86,339 | -€162,662 | -€76,323 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,339 | -€162,662 | -€76,323 | -88.4% |
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 31 October 2026 via checked.be.