SEOTIC: what changed
Two fiscal 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.
SEOTIC
Largest movements
- Receivables within one year +€41,325
up €41,325 (+65.0%), from €63,620 to €104,945
of which Other amounts receivable: +€42,532
- Financial fixed assets +€5,000
new in 2025: €5,000
- Reserves +€50,000
up €50,000 (+124.2%), from €40,250 to €90,250
- Profit (loss) carried forward -€16,413
down €16,413 (-95.7%), from €17,159 to €746
- Short-term financial debts +€10,407
new in 2025: €10,407
- Tax, wage and social debts +€2,061
up €2,061 (+43.4%), from €4,751 to €6,812
- Gross operating margin +€17,916
up €17,916 (+68.5%), from €26,169 to €44,085
- Taxes +€3,836
up €3,836 (+64.9%), from €5,914 to €9,750
- Financial income +€1,694
up €1,694 (+129.4%), from €1,309 to €3,003
- Financial charges -€728
down €728 (-26.7%), from €2,721 to €1,993
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.
Cash bridge derived
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 | €67,285 | €112,323 | +€45,038 | +66.9% |
| Fixed assets | 21/28 | €1,749 | €5,895 | +€4,146 | +237.0% |
| Tangible fixed assets | 22/27 | €1,749 | €895 | -€854 | -48.9% |
| Plant, machinery and equipment | 23 | €827 | €368 | -€459 | -55.4% |
| Furniture and vehicles | 24 | €922 | €526 | -€396 | -42.9% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €65,536 | €106,429 | +€40,893 | +62.4% |
| Amounts receivable within one year | 40/41 | €63,620 | €104,945 | +€41,325 | +65.0% |
| Trade receivables | 40 | €1,772 | €565 | -€1,207 | -68.1% |
| Other amounts receivable | 41 | €61,848 | €104,380 | +€42,532 | +68.8% |
| Cash at bank and in hand | 54/58 | €336 | €180 | -€156 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,580 | €1,303 | -€277 | -17.5% |
| Total equity and liabilities | 10/49 | €67,285 | €112,323 | +€45,038 | +66.9% |
| Equity | 10/15 | €58,409 | €91,996 | +€33,587 | +57.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €40,250 | €90,250 | +€50,000 | +124.2% |
| Distributable reserves | 133 | €40,250 | €90,250 | +€50,000 | +124.2% |
| Profit (loss) carried forward | 14 | €17,159 | €746 | -€16,413 | -95.7% |
| Amounts payable | 17/49 | €8,876 | €20,328 | +€11,452 | +129.0% |
| Amounts payable within one year | 42/48 | €8,876 | €20,328 | +€11,452 | +129.0% |
| Financial debts | 43 | - | €10,407 | +€10,407 | |
| Credit institutions | 430/8 | - | €10,407 | +€10,407 | |
| Trade debts | 44 | €4,125 | €3,109 | -€1,016 | -24.6% |
| Suppliers | 440/4 | €4,125 | €3,109 | -€1,016 | -24.6% |
| Taxes, remuneration and social security | 45 | €4,751 | €6,812 | +€2,061 | +43.4% |
| Taxes | 450/3 | €4,751 | €6,812 | +€2,061 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €855 | +€121 | +16.5% |
| Other operating charges | 640/8 | €998 | €903 | -€95 | -9.5% |
| Gross operating margin | 9900 | €26,169 | €44,085 | +€17,916 | +68.5% |
| Operating profit (loss) | 9901 | €24,437 | €42,327 | +€17,890 | +73.2% |
| Financial income | 75/76B | €1,309 | €3,003 | +€1,694 | +129.4% |
| Recurring financial income | 75 | €1,309 | €3,003 | +€1,694 | +129.4% |
| Financial charges | 65/66B | €2,721 | €1,993 | -€728 | -26.7% |
| Recurring financial charges | 65 | €2,721 | €1,993 | -€728 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €23,025 | €43,337 | +€20,312 | +88.2% |
| Income taxes | 67/77 | €5,914 | €9,750 | +€3,836 | +64.9% |
| Profit (loss) for the period | 9904 | €17,111 | €33,587 | +€16,476 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,111 | €33,587 | +€16,476 | +96.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.