SEYMA: 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.
SEYMA
Largest movements
- Cash +€21,815
up €21,815 (+65.6%), from €33,239 to €55,054
mainly Net result for the year (+€31,344) and Tax, wage and social debts (+€6,935)
- Current investments +€10,362
new in 2025: €10,362
- Tangible fixed assets -€1,100
down €1,100 (-30.4%), from €3,622 to €2,522
of which Furniture and vehicles: -€694
- Receivables within one year +€958
up €958 (+9.2%), from €10,382 to €11,341
of which Trade receivables: +€1,232
- Profit (loss) carried forward +€31,344
up €31,344 (+173.2%), from €18,098 to €49,442
- Tax, wage and social debts +€6,935
up €6,935 (+48.5%), from €14,297 to €21,232
- Other debts -€3,253
down €3,253 (-49.5%), from €6,576 to €3,323
- Trade debts -€2,990
down €2,990 (-91.4%), from €3,273 to €282
- Gross operating margin +€31,827
up €31,827 (+246.6%), from €12,907 to €44,734
- Taxes +€7,092
up €7,092 (+172.3%), from €4,117 to €11,209
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 | €47,243 | €79,279 | +€32,036 | +67.8% |
| Fixed assets | 21/28 | €3,622 | €2,522 | -€1,100 | -30.4% |
| Tangible fixed assets | 22/27 | €3,622 | €2,522 | -€1,100 | -30.4% |
| Plant, machinery and equipment | 23 | €960 | €555 | -€405 | -42.2% |
| Furniture and vehicles | 24 | €2,662 | €1,967 | -€694 | -26.1% |
| Current assets | 29/58 | €43,621 | €76,757 | +€33,136 | +76.0% |
| Amounts receivable within one year | 40/41 | €10,382 | €11,341 | +€958 | +9.2% |
| Trade receivables | 40 | €9,979 | €11,211 | +€1,232 | +12.3% |
| Other amounts receivable | 41 | €403 | €130 | -€273 | -67.8% |
| Current investments | 50/53 | - | €10,362 | +€10,362 | |
| Cash at bank and in hand | 54/58 | €33,239 | €55,054 | +€21,815 | +65.6% |
| Total equity and liabilities | 10/49 | €47,243 | €79,279 | +€32,036 | +67.8% |
| Equity | 10/15 | €23,098 | €54,442 | +€31,344 | +135.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,098 | €49,442 | +€31,344 | +173.2% |
| Amounts payable | 17/49 | €24,145 | €24,837 | +€692 | +2.9% |
| Amounts payable within one year | 42/48 | €24,145 | €24,837 | +€692 | +2.9% |
| Trade debts | 44 | €3,273 | €282 | -€2,990 | -91.4% |
| Suppliers | 440/4 | €3,273 | €282 | -€2,990 | -91.4% |
| Taxes, remuneration and social security | 45 | €14,297 | €21,232 | +€6,935 | +48.5% |
| Taxes | 450/3 | €14,297 | €21,232 | +€6,935 | +48.5% |
| Other amounts payable | 47/48 | €6,576 | €3,323 | -€3,253 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €950 | €1,100 | +€150 | +15.7% |
| Other operating charges | 640/8 | €910 | €910 | -€0 | 0.0% |
| Non-recurring operating charges | 66A | €296 | - | -€296 | |
| Gross operating margin | 9900 | €12,907 | €44,734 | +€31,827 | +246.6% |
| Operating profit (loss) | 9901 | €10,751 | €42,725 | +€31,974 | +297.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €269 | €172 | -€97 | -36.0% |
| Recurring financial charges | 65 | €61 | €58 | -€4 | -5.9% |
| Non-recurring financial charges | 66B | €207 | €114 | -€93 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €10,483 | €42,553 | +€32,070 | +305.9% |
| Income taxes | 67/77 | €4,117 | €11,209 | +€7,092 | +172.3% |
| Profit (loss) for the period | 9904 | €6,366 | €31,344 | +€24,978 | +392.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,366 | €31,344 | +€24,978 | +392.4% |
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 11 October 2026 via checked.be.