SEUROBRIC: 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.
SEUROBRIC
Largest movements
- Cash -€12,477
down €12,477 (-5.1%), from €245,343 to €232,865
mainly Net result for the year (-€16,317) and Tax, wage and social debts (-€7,262)
- Profit (loss) carried forward -€16,317
down €16,317 (-10.0%), from €163,950 to €147,633
- Other debts +€8,949
up €8,949 (+5.3%), from €167,579 to €176,527
- Tax, wage and social debts -€7,262
down €7,262 (-47.5%), from €15,278 to €8,016
of which Remuneration and social security: -€5,562
- Gross operating margin -€33,108
down €33,108 (-38.2%), from €86,587 to €53,479
- Taxes -€7,115
no longer reported in 2025 (was €7,115)
- Staff costs +€2,235
up €2,235 (+3.8%), from €58,924 to €61,159
- Financial charges +€1,595
up €1,595 (+15.1%), from €10,546 to €12,142
- Financial income +€1,467
up €1,467 (+72.0%), from €2,038 to €3,504
of which Non-recurring financial income: +€1,467
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 | €645,645 | €631,163 | -€14,482 | -2.2% |
| Fixed assets | 21/28 | €297,499 | €297,499 | = | 0.0% |
| Financial fixed assets | 28 | €297,499 | €297,499 | = | 0.0% |
| Current assets | 29/58 | €348,146 | €333,664 | -€14,482 | -4.2% |
| Amounts receivable within one year | 40/41 | €102,803 | €100,798 | -€2,005 | -1.9% |
| Trade receivables | 40 | €102,788 | €100,784 | -€2,005 | -2.0% |
| Other amounts receivable | 41 | €15 | €15 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €245,343 | €232,865 | -€12,477 | -5.1% |
| Total equity and liabilities | 10/49 | €645,645 | €631,163 | -€14,482 | -2.2% |
| Equity | 10/15 | €459,922 | €443,605 | -€16,317 | -3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €233,972 | €233,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €227,772 | €227,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,950 | €147,633 | -€16,317 | -10.0% |
| Amounts payable | 17/49 | €185,722 | €187,558 | +€1,835 | +1.0% |
| Amounts payable within one year | 42/48 | €185,722 | €187,558 | +€1,835 | +1.0% |
| Trade debts | 44 | €2,866 | €3,015 | +€149 | +5.2% |
| Suppliers | 440/4 | €2,866 | €3,015 | +€149 | +5.2% |
| Taxes, remuneration and social security | 45 | €15,278 | €8,016 | -€7,262 | -47.5% |
| Taxes | 450/3 | €9,716 | €8,016 | -€1,700 | -17.5% |
| Remuneration and social security | 454/9 | €5,562 | - | -€5,562 | |
| Other amounts payable | 47/48 | €167,579 | €176,527 | +€8,949 | +5.3% |
| Remuneration, social security and pensions | 62 | €58,924 | €61,159 | +€2,235 | +3.8% |
| Gross operating margin | 9900 | €86,587 | €53,479 | -€33,108 | -38.2% |
| Operating profit (loss) | 9901 | €27,663 | -€7,680 | -€35,343 | |
| Financial income | 75/76B | €2,038 | €3,504 | +€1,467 | +72.0% |
| Recurring financial income | 75 | €2,038 | €0 | -€2,038 | -100.0% |
| Non-recurring financial income | 76B | €2,038 | €3,504 | +€1,467 | +72.0% |
| Financial charges | 65/66B | €10,546 | €12,142 | +€1,595 | +15.1% |
| Recurring financial charges | 65 | €10,546 | €12,142 | +€1,595 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €19,154 | -€16,317 | -€35,472 | |
| Income taxes | 67/77 | €7,115 | - | -€7,115 | |
| Profit (loss) for the period | 9904 | €12,039 | -€16,317 | -€28,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,039 | -€16,317 | -€28,356 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.