SEKER: 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.
SEKER
Largest movements
- Stocks and contracts -€27,782
down €27,782 (-12.7%), from €219,184 to €191,402
- Tangible fixed assets +€15,892
new in 2025: €15,892
of which Furniture and vehicles: +€14,740
- Receivables within one year -€12,716
down €12,716 (-40.3%), from €31,521 to €18,805
of which Trade receivables: -€19,000
- Trade debts -€62,637
down €62,637 (-43.5%), from €144,014 to €81,377
- Other debts +€14,510
up €14,510 (+13.9%), from €104,602 to €119,111
- Debts after one year +€10,667
new in 2025: €10,667
- Profit (loss) carried forward +€7,976
up €7,976 (+127%), from €6,262 to €14,238
- Current portion of long-term debt +€4,174
new in 2025: €4,174
- Gross operating margin +€5,330
up €5,330 (+74.1%), from €7,192 to €12,522
- Depreciation +€1,362
up €1,362 (+104%), from €1,315 to €2,677
- Financial charges +€651
up €651 (+125%), from €521 to €1,172
- Other operating charges +€231
up €231 (+48.0%), from €482 to €714
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 | €261,492 | €239,261 | -€22,230 | -8.5% |
| Fixed assets | 21/28 | - | €17,292 | +€17,292 | |
| Tangible fixed assets | 22/27 | - | €15,892 | +€15,892 | |
| Plant, machinery and equipment | 23 | - | €1,152 | +€1,152 | |
| Furniture and vehicles | 24 | - | €14,740 | +€14,740 | |
| Financial fixed assets | 28 | - | €1,400 | +€1,400 | |
| Current assets | 29/58 | €261,492 | €221,969 | -€39,523 | -15.1% |
| Stocks and contracts in progress | 3 | €219,184 | €191,402 | -€27,782 | -12.7% |
| Stocks | 30/36 | €219,184 | €191,402 | -€27,782 | -12.7% |
| Amounts receivable within one year | 40/41 | €31,521 | €18,805 | -€12,716 | -40.3% |
| Trade receivables | 40 | €31,400 | €12,400 | -€19,000 | -60.5% |
| Other amounts receivable | 41 | €121 | €6,405 | +€6,284 | +5,200% |
| Cash at bank and in hand | 54/58 | €10,787 | €11,762 | +€975 | +9.0% |
| Total equity and liabilities | 10/49 | €261,492 | €239,261 | -€22,230 | -8.5% |
| Equity | 10/15 | €10,262 | €18,238 | +€7,976 | +77.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,262 | €14,238 | +€7,976 | +127% |
| Amounts payable | 17/49 | €251,230 | €221,024 | -€30,206 | -12.0% |
| Amounts payable after more than one year | 17 | - | €10,667 | +€10,667 | |
| Financial debts | 170/4 | - | €10,667 | +€10,667 | |
| Amounts payable within one year | 42/48 | €251,230 | €207,256 | -€43,973 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,174 | +€4,174 | |
| Trade debts | 44 | €144,014 | €81,377 | -€62,637 | -43.5% |
| Suppliers | 440/4 | €144,014 | €81,377 | -€62,637 | -43.5% |
| Taxes, remuneration and social security | 45 | €2,614 | €2,595 | -€20 | -0.8% |
| Taxes | 450/3 | €2,614 | €395 | -€2,220 | -84.9% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €104,602 | €119,111 | +€14,510 | +13.9% |
| Accrued charges and deferred income | 492/3 | - | €3,100 | +€3,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,315 | €2,677 | +€1,362 | +104% |
| Other operating charges | 640/8 | €482 | €714 | +€231 | +48.0% |
| Gross operating margin | 9900 | €7,192 | €12,522 | +€5,330 | +74.1% |
| Operating profit (loss) | 9901 | €5,395 | €9,132 | +€3,737 | +69.3% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,775% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,775% |
| Financial charges | 65/66B | €521 | €1,172 | +€651 | +125% |
| Recurring financial charges | 65 | €521 | €1,172 | +€651 | +125% |
| Profit (loss) for the period before taxes | 9903 | €4,875 | €7,976 | +€3,101 | +63.6% |
| Profit (loss) for the period | 9904 | €4,875 | €7,976 | +€3,101 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,875 | €7,976 | +€3,101 | +63.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.