SEKK: 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.
SEKK
Largest movements
- Cash +€5,921
up €5,921 (+95.2%), from €6,221 to €12,142
mainly Net result for the year (+€17,047) and Depreciation (+€140)
- Receivables within one year +€2,553
up €2,553 (+14.1%), from €18,142 to €20,695
of which Trade receivables: +€1,962
- Profit (loss) carried forward +€17,047
up €17,047 (+75.1%), from -€22,698 to -€5,651
- Other debts -€8,276
down €8,276 (-29.5%), from €28,027 to €19,751
- Tax, wage and social debts -€503
down €503 (-74.2%), from €678 to €175
- Gross operating margin +€7,706
up €7,706 (+49.8%), from €15,459 to €23,165
- Taxes +€5,658
up €5,658 (+4,421%), from €128 to €5,786
- Other operating charges -€1,025
no longer reported in 2025 (was €1,025)
- Depreciation -€529
down €529 (-79.1%), from €669 to €140
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 | €24,655 | €32,971 | +€8,316 | +33.7% |
| Fixed assets | 21/28 | €273 | €133 | -€140 | -51.1% |
| Tangible fixed assets | 22/27 | €273 | €133 | -€140 | -51.1% |
| Plant, machinery and equipment | 23 | €34 | €0 | -€34 | -100% |
| Furniture and vehicles | 24 | €239 | €133 | -€105 | -44.1% |
| Current assets | 29/58 | €24,382 | €32,837 | +€8,456 | +34.7% |
| Amounts receivable within one year | 40/41 | €18,142 | €20,695 | +€2,553 | +14.1% |
| Trade receivables | 40 | €17,020 | €18,982 | +€1,962 | +11.5% |
| Other amounts receivable | 41 | €1,122 | €1,714 | +€592 | +52.7% |
| Cash at bank and in hand | 54/58 | €6,221 | €12,142 | +€5,921 | +95.2% |
| Deferred charges and accrued income | 490/1 | €18 | - | -€18 | |
| Total equity and liabilities | 10/49 | €24,655 | €32,971 | +€8,316 | +33.7% |
| Equity | 10/15 | -€4,098 | €12,949 | +€17,047 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,698 | -€5,651 | +€17,047 | +75.1% |
| Amounts payable | 17/49 | €28,753 | €20,022 | -€8,731 | -30.4% |
| Amounts payable within one year | 42/48 | €28,753 | €20,022 | -€8,731 | -30.4% |
| Trade debts | 44 | €48 | €96 | +€48 | +99.8% |
| Suppliers | 440/4 | €48 | €96 | +€48 | +99.8% |
| Taxes, remuneration and social security | 45 | €678 | €175 | -€503 | -74.2% |
| Taxes | 450/3 | €678 | €175 | -€503 | -74.2% |
| Other amounts payable | 47/48 | €28,027 | €19,751 | -€8,276 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €140 | -€529 | -79.1% |
| Other operating charges | 640/8 | €1,025 | - | -€1,025 | |
| Gross operating margin | 9900 | €15,459 | €23,165 | +€7,706 | +49.8% |
| Operating profit (loss) | 9901 | €13,766 | €23,025 | +€9,259 | +67.3% |
| Financial charges | 65/66B | €96 | €192 | +€96 | +101% |
| Recurring financial charges | 65 | €96 | €192 | +€96 | +101% |
| Profit (loss) for the period before taxes | 9903 | €13,670 | €22,834 | +€9,163 | +67.0% |
| Income taxes | 67/77 | €128 | €5,786 | +€5,658 | +4,421% |
| Profit (loss) for the period | 9904 | €13,542 | €17,047 | +€3,505 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,542 | €17,047 | +€3,505 | +25.9% |
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 21 October 2026 via checked.be.