SEYHAN 75: 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.
SEYHAN 75
Largest movements
- Receivables within one year -€2,748
down €2,748 (-38.1%), from €7,218 to €4,470
of which Other amounts receivable: -€2,748
- Tangible fixed assets -€1,089
down €1,089 (-37.1%), from €2,935 to €1,846
- Cash +€877
up €877 (+125.8%), from €697 to €1,574
mainly Receivables within one year (+€2,748) and Depreciation (+€1,089)
- Profit (loss) carried forward -€2,858
down €2,858 (-143.0%), from -€1,998 to -€4,856
- Gross operating margin -€1,835
down €1,835, from €1,228 to -€607
- Other operating charges +€50
up €50 (+5.4%), from €922 to €972
- Financial income -€38
no longer reported in 2025 (was €38)
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 | €11,393 | €8,538 | -€2,855 | -25.1% |
| Fixed assets | 21/28 | €2,935 | €1,846 | -€1,089 | -37.1% |
| Tangible fixed assets | 22/27 | €2,935 | €1,846 | -€1,089 | -37.1% |
| Furniture and vehicles | 24 | €2,935 | €1,846 | -€1,089 | -37.1% |
| Current assets | 29/58 | €8,458 | €6,692 | -€1,766 | -20.9% |
| Amounts receivable within one year | 40/41 | €7,218 | €4,470 | -€2,748 | -38.1% |
| Trade receivables | 40 | €621 | €621 | = | 0.0% |
| Other amounts receivable | 41 | €6,597 | €3,849 | -€2,748 | -41.7% |
| Cash at bank and in hand | 54/58 | €697 | €1,574 | +€877 | +125.8% |
| Deferred charges and accrued income | 490/1 | €543 | €648 | +€105 | +19.3% |
| Total equity and liabilities | 10/49 | €11,393 | €8,538 | -€2,855 | -25.1% |
| Equity | 10/15 | €10,086 | €7,228 | -€2,858 | -28.3% |
| Contributions | 10/11 | €12,084 | €12,084 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,998 | -€4,856 | -€2,858 | -143.0% |
| Amounts payable | 17/49 | €1,307 | €1,310 | +€3 | +0.2% |
| Amounts payable within one year | 42/48 | €1,259 | €1,310 | +€51 | +4.1% |
| Trade debts | 44 | €1,259 | €1,310 | +€51 | +4.1% |
| Suppliers | 440/4 | €1,259 | €1,310 | +€51 | +4.1% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,089 | €1,089 | = | 0.0% |
| Other operating charges | 640/8 | €922 | €972 | +€50 | +5.4% |
| Gross operating margin | 9900 | €1,228 | -€607 | -€1,835 | |
| Operating profit (loss) | 9901 | -€783 | -€2,668 | -€1,885 | -240.7% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €196 | €190 | -€6 | -3.1% |
| Recurring financial charges | 65 | €140 | €177 | +€37 | +26.4% |
| Non-recurring financial charges | 66B | €56 | €13 | -€43 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | -€941 | -€2,858 | -€1,917 | -203.7% |
| Profit (loss) for the period | 9904 | -€941 | -€2,858 | -€1,917 | -203.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€941 | -€2,858 | -€1,917 | -203.7% |
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 9 October 2026 via checked.be.