SEYMINCO: 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.
SEYMINCO
Largest movements
- Cash -€120,515
down €120,515 (-24.4%), from €493,864 to €373,348
mainly Debts after one year (-€55,806) and Trade debts (-€20,523)
- Receivables within one year +€16,660
up €16,660 (+24.2%), from €68,939 to €85,599
of which Trade receivables: +€8,830
- Debts after one year -€55,806
down €55,806 (-17.3%), from €322,243 to €266,437
- Trade debts -€20,523
down €20,523 (-9.6%), from €213,970 to €193,447
- Profit (loss) carried forward -€18,162
down €18,162 (-19.8%), from €91,677 to €73,515
- Tax, wage and social debts -€9,572
down €9,572 (-33.6%), from €28,511 to €18,939
- Gross operating margin -€76,408
down €76,408, from €69,822 to -€6,586
- Taxes -€15,003
down €15,003 (-95.5%), from €15,714 to €711
- Financial charges -€8,514
down €8,514 (-80.6%), from €10,559 to €2,045
- Other operating charges -€6,862
down €6,862 (-61.2%), from €11,205 to €4,342
- Depreciation -€1,088
down €1,088 (-19.6%), from €5,565 to €4,477
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 | €733,675 | €629,612 | -€104,063 | -14.2% |
| Fixed assets | 21/28 | €155,039 | €158,972 | +€3,933 | +2.5% |
| Tangible fixed assets | 22/27 | €5,039 | €8,972 | +€3,933 | +78.0% |
| Furniture and vehicles | 24 | €2,503 | €1,728 | -€775 | -31.0% |
| Other tangible fixed assets | 26 | €2,536 | €7,244 | +€4,708 | +186% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €578,635 | €470,640 | -€107,996 | -18.7% |
| Amounts receivable within one year | 40/41 | €68,939 | €85,599 | +€16,660 | +24.2% |
| Trade receivables | 40 | €48,271 | €57,101 | +€8,830 | +18.3% |
| Other amounts receivable | 41 | €20,668 | €28,499 | +€7,830 | +37.9% |
| Cash at bank and in hand | 54/58 | €493,864 | €373,348 | -€120,515 | -24.4% |
| Deferred charges and accrued income | 490/1 | €15,832 | €11,692 | -€4,140 | -26.2% |
| Total equity and liabilities | 10/49 | €733,675 | €629,612 | -€104,063 | -14.2% |
| Equity | 10/15 | €130,832 | €112,670 | -€18,162 | -13.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,605 | €20,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,677 | €73,515 | -€18,162 | -19.8% |
| Amounts payable | 17/49 | €602,843 | €516,942 | -€85,901 | -14.2% |
| Amounts payable after more than one year | 17 | €322,243 | €266,437 | -€55,806 | -17.3% |
| Other amounts payable | 178/9 | €322,243 | €266,437 | -€55,806 | -17.3% |
| Amounts payable within one year | 42/48 | €280,600 | €250,505 | -€30,095 | -10.7% |
| Trade debts | 44 | €213,970 | €193,447 | -€20,523 | -9.6% |
| Suppliers | 440/4 | €213,970 | €193,447 | -€20,523 | -9.6% |
| Taxes, remuneration and social security | 45 | €28,511 | €18,939 | -€9,572 | -33.6% |
| Taxes | 450/3 | €28,511 | €18,939 | -€9,572 | -33.6% |
| Other amounts payable | 47/48 | €38,119 | €38,119 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,565 | €4,477 | -€1,088 | -19.6% |
| Other operating charges | 640/8 | €11,205 | €4,342 | -€6,862 | -61.2% |
| Gross operating margin | 9900 | €69,822 | -€6,586 | -€76,408 | |
| Operating profit (loss) | 9901 | €53,052 | -€15,405 | -€68,458 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10,559 | €2,045 | -€8,514 | -80.6% |
| Recurring financial charges | 65 | €10,559 | €2,045 | -€8,514 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €42,494 | -€17,450 | -€59,945 | |
| Income taxes | 67/77 | €15,714 | €711 | -€15,003 | -95.5% |
| Profit (loss) for the period | 9904 | €26,780 | -€18,162 | -€44,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,780 | -€18,162 | -€44,942 |
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 17 October 2026 via checked.be.