SEY: 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.
SEY
Largest movements
- Receivables within one year -€2,472
down €2,472 (-7.1%), from €34,798 to €32,326
of which Other amounts receivable: -€2,472
- Tangible fixed assets -€592
down €592 (-36.8%), from €1,609 to €1,018
- Tax, wage and social debts -€2,902
down €2,902 (-57.5%), from €5,051 to €2,149
- Profit (loss) carried forward -€1,216
down €1,216 (-4.3%), from €28,079 to €26,863
- Trade debts +€1,087
up €1,087 (+382.3%), from €284 to €1,371
- Gross operating margin -€11,691
down €11,691, from €9,317 to -€2,374
- Taxes -€2,149
no longer reported in 2024 (was €2,149)
- Financial income +€372
up €372 (+27.0%), from €1,378 to €1,750
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,031 | €34,999 | -€3,031 | -8.0% |
| Fixed assets | 21/28 | €1,609 | €1,018 | -€592 | -36.8% |
| Tangible fixed assets | 22/27 | €1,609 | €1,018 | -€592 | -36.8% |
| Furniture and vehicles | 24 | €1,609 | €1,018 | -€592 | -36.8% |
| Current assets | 29/58 | €36,421 | €33,982 | -€2,440 | -6.7% |
| Amounts receivable within one year | 40/41 | €34,798 | €32,326 | -€2,472 | -7.1% |
| Trade receivables | 40 | €3,120 | €3,120 | = | 0.0% |
| Other amounts receivable | 41 | €31,678 | €29,206 | -€2,472 | -7.8% |
| Cash at bank and in hand | 54/58 | €8 | €40 | +€32 | +424.7% |
| Deferred charges and accrued income | 490/1 | €1,616 | €1,616 | = | 0.0% |
| Total equity and liabilities | 10/49 | €38,031 | €34,999 | -€3,031 | -8.0% |
| Equity | 10/15 | €31,079 | €29,863 | -€1,216 | -3.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,079 | €26,863 | -€1,216 | -4.3% |
| Amounts payable | 17/49 | €6,951 | €5,136 | -€1,815 | -26.1% |
| Amounts payable within one year | 42/48 | €6,951 | €5,136 | -€1,815 | -26.1% |
| Trade debts | 44 | €284 | €1,371 | +€1,087 | +382.3% |
| Suppliers | 440/4 | €284 | €1,371 | +€1,087 | +382.3% |
| Advances received on contracts in progress | 46 | €1,616 | €1,616 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,051 | €2,149 | -€2,902 | -57.5% |
| Taxes | 450/3 | €5,051 | €2,149 | -€2,902 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610 | €592 | -€18 | -3.0% |
| Gross operating margin | 9900 | €9,317 | -€2,374 | -€11,691 | |
| Operating profit (loss) | 9901 | €8,707 | -€2,966 | -€11,672 | |
| Financial income | 75/76B | €1,378 | €1,750 | +€372 | +27.0% |
| Recurring financial income | 75 | €1,378 | €1,750 | +€372 | +27.0% |
| Financial charges | 65/66B | €84 | - | -€84 | |
| Recurring financial charges | 65 | €84 | - | -€84 | |
| Profit (loss) for the period before taxes | 9903 | €10,001 | -€1,216 | -€11,217 | |
| Income taxes | 67/77 | €2,149 | - | -€2,149 | |
| Profit (loss) for the period | 9904 | €7,853 | -€1,216 | -€9,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,853 | -€1,216 | -€9,068 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.