SEKATEN: 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.
SEKATEN
Largest movements
- Receivables within one year +€680
up €680 (+24.1%), from €2,821 to €3,501
of which Trade receivables: +€1,897
- Other debts +€5,343
up €5,343 (+9.6%), from €55,542 to €60,885
- Profit (loss) carried forward -€2,754
down €2,754 (-8.2%), from -€33,440 to -€36,194
- Tax, wage and social debts -€2,539
no longer reported in 2025 (was €2,539)
- Gross operating margin +€30,241
up €30,241 (+98.1%), from -€30,835 to -€594
- Other operating charges -€2,927
down €2,927 (-88.0%), from €3,327 to €400
- Taxes -€539
no longer reported in 2025 (was €539)
- Depreciation -€358
down €358 (-25.3%), from €1,416 to €1,058
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,874 | €55,218 | +€344 | +0.6% |
| Fixed assets | 21/28 | €52,008 | €51,717 | -€291 | -0.6% |
| Tangible fixed assets | 22/27 | €2,008 | €1,717 | -€291 | -14.5% |
| Furniture and vehicles | 24 | €2,008 | €1,717 | -€291 | -14.5% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €2,866 | €3,501 | +€635 | +22.2% |
| Amounts receivable within one year | 40/41 | €2,821 | €3,501 | +€680 | +24.1% |
| Trade receivables | 40 | €1,212 | €3,109 | +€1,897 | +157% |
| Other amounts receivable | 41 | €1,609 | €392 | -€1,217 | -75.6% |
| Deferred charges and accrued income | 490/1 | €45 | - | -€45 | |
| Total equity and liabilities | 10/49 | €54,874 | €55,218 | +€344 | +0.6% |
| Equity | 10/15 | -€12,980 | -€15,734 | -€2,754 | -21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,440 | -€36,194 | -€2,754 | -8.2% |
| Amounts payable | 17/49 | €67,854 | €70,952 | +€3,098 | +4.6% |
| Amounts payable within one year | 42/48 | €67,854 | €70,952 | +€3,098 | +4.6% |
| Financial debts | 43 | €2,772 | €3,236 | +€464 | +16.7% |
| Credit institutions | 430/8 | €2,772 | €3,236 | +€464 | +16.7% |
| Trade debts | 44 | €7,001 | €6,831 | -€170 | -2.4% |
| Suppliers | 440/4 | €7,001 | €6,831 | -€170 | -2.4% |
| Taxes, remuneration and social security | 45 | €2,539 | - | -€2,539 | |
| Taxes | 450/3 | €2,539 | - | -€2,539 | |
| Other amounts payable | 47/48 | €55,542 | €60,885 | +€5,343 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,416 | €1,058 | -€358 | -25.3% |
| Other operating charges | 640/8 | €3,327 | €400 | -€2,927 | -88.0% |
| Gross operating margin | 9900 | -€30,835 | -€594 | +€30,241 | +98.1% |
| Operating profit (loss) | 9901 | -€35,578 | -€2,052 | +€33,526 | +94.2% |
| Financial charges | 65/66B | €538 | €702 | +€164 | +30.5% |
| Recurring financial charges | 65 | €538 | €702 | +€164 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,116 | -€2,754 | +€33,362 | +92.4% |
| Income taxes | 67/77 | €539 | - | -€539 | |
| Profit (loss) for the period | 9904 | -€36,655 | -€2,754 | +€33,901 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,655 | -€2,754 | +€33,901 | +92.5% |
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 28 October 2026 via checked.be.