SEQConsulting: 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.
SEQConsulting
Largest movements
- Receivables within one year +€17,822
up €17,822 (+115.2%), from €15,471 to €33,292
of which Other amounts receivable: +€20,538
- Current investments +€14,736
up €14,736 (+128.2%), from €11,492 to €26,229
- Tangible fixed assets -€5,134
no longer reported in 2025 (was €5,134)
- Cash -€752
down €752 (-17.8%), from €4,223 to €3,471
mainly Receivables within one year (-€17,822) and Current investments (-€14,736)
- Deferred charges and accrued income -€630
no longer reported in 2025 (was €630)
- Profit (loss) carried forward +€26,567
up €26,567 (+91.0%), from €29,187 to €55,754
- Current portion of long-term debt -€1,894
no longer reported in 2025 (was €1,894)
- Trade debts +€1,369
up €1,369 (+157.5%), from €869 to €2,238
- Financial income +€12,506
new in 2025: €12,506
- Gross operating margin -€5,276
down €5,276 (-15.6%), from €33,721 to €28,445
- Depreciation -€4,754
down €4,754 (-48.1%), from €9,888 to €5,134
- Other operating charges +€4,111
up €4,111 (+129.6%), from €3,172 to €7,284
- Taxes +€1,561
new in 2025: €1,561
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 | €36,950 | €62,992 | +€26,042 | +70.5% |
| Fixed assets | 21/28 | €5,134 | - | -€5,134 | |
| Tangible fixed assets | 22/27 | €5,134 | - | -€5,134 | |
| Furniture and vehicles | 24 | €5,134 | - | -€5,134 | |
| Current assets | 29/58 | €31,816 | €62,992 | +€31,176 | +98.0% |
| Amounts receivable within one year | 40/41 | €15,471 | €33,292 | +€17,822 | +115.2% |
| Trade receivables | 40 | €12,346 | €9,629 | -€2,716 | -22.0% |
| Other amounts receivable | 41 | €3,125 | €23,663 | +€20,538 | +657.3% |
| Current investments | 50/53 | €11,492 | €26,229 | +€14,736 | +128.2% |
| Cash at bank and in hand | 54/58 | €4,223 | €3,471 | -€752 | -17.8% |
| Deferred charges and accrued income | 490/1 | €630 | - | -€630 | |
| Total equity and liabilities | 10/49 | €36,950 | €62,992 | +€26,042 | +70.5% |
| Equity | 10/15 | €34,187 | €60,754 | +€26,567 | +77.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,187 | €55,754 | +€26,567 | +91.0% |
| Amounts payable | 17/49 | €2,763 | €2,238 | -€525 | -19.0% |
| Amounts payable within one year | 42/48 | €2,763 | €2,238 | -€525 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €1,894 | - | -€1,894 | |
| Trade debts | 44 | €869 | €2,238 | +€1,369 | +157.5% |
| Suppliers | 440/4 | €869 | €2,238 | +€1,369 | +157.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,888 | €5,134 | -€4,754 | -48.1% |
| Other operating charges | 640/8 | €3,172 | €7,284 | +€4,111 | +129.6% |
| Non-recurring operating charges | 66A | - | €96 | +€96 | |
| Gross operating margin | 9900 | €33,721 | €28,445 | -€5,276 | -15.6% |
| Operating profit (loss) | 9901 | €20,660 | €15,932 | -€4,728 | -22.9% |
| Financial income | 75/76B | - | €12,506 | +€12,506 | |
| Recurring financial income | 75 | - | €12,506 | +€12,506 | |
| Financial charges | 65/66B | €350 | €310 | -€41 | -11.6% |
| Recurring financial charges | 65 | €350 | €310 | -€41 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €20,310 | €28,128 | +€7,818 | +38.5% |
| Income taxes | 67/77 | - | €1,561 | +€1,561 | |
| Profit (loss) for the period | 9904 | €20,310 | €26,567 | +€6,257 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,310 | €26,567 | +€6,257 | +30.8% |
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 12 October 2026 via checked.be.