Seyntech: 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.
Seyntech
Largest movements
- Cash -€33,227
down €33,227 (-72.1%), from €46,075 to €12,848
mainly Contributions, distributions and other (-€125,777) and Trade debts (-€42,455)
- Receivables within one year +€26,770
up €26,770 (+85.1%), from €31,455 to €58,226
of which Other amounts receivable: +€29,607
- Current investments +€13,752
up €13,752 (+3.7%), from €376,098 to €389,850
- Other debts +€86,108
up €86,108 (+10337.1%), from €833 to €86,941
- Reserves -€45,689
down €45,689 (-33.2%), from €137,517 to €91,828
- Trade debts -€42,455
down €42,455 (-91.8%), from €46,232 to €3,777
- Tax, wage and social debts +€4,829
up €4,829 (+175.1%), from €2,758 to €7,587
- Gross operating margin +€37,622
up €37,622 (+54.2%), from €69,431 to €107,053
- Taxes +€5,820
up €5,820 (+42.1%), from €13,838 to €19,658
- Financial income +€3,440
up €3,440 (+33.0%), from €10,429 to €13,869
- Financial charges +€1,329
up €1,329 (+6.9%), from €19,334 to €20,663
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 | €454,515 | €461,715 | +€7,199 | +1.6% |
| Current assets | 29/58 | €454,515 | €461,715 | +€7,199 | +1.6% |
| Amounts receivable within one year | 40/41 | €31,455 | €58,226 | +€26,770 | +85.1% |
| Trade receivables | 40 | €25,714 | €22,877 | -€2,837 | -11.0% |
| Other amounts receivable | 41 | €5,741 | €35,348 | +€29,607 | +515.7% |
| Current investments | 50/53 | €376,098 | €389,850 | +€13,752 | +3.7% |
| Cash at bank and in hand | 54/58 | €46,075 | €12,848 | -€33,227 | -72.1% |
| Deferred charges and accrued income | 490/1 | €887 | €791 | -€96 | -10.8% |
| Total equity and liabilities | 10/49 | €454,515 | €461,715 | +€7,199 | +1.6% |
| Equity | 10/15 | €138,517 | €92,828 | -€45,689 | -33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €137,517 | €91,828 | -€45,689 | -33.2% |
| Distributable reserves | 133 | €137,517 | €91,828 | -€45,689 | -33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €261,954 | €266,368 | +€4,414 | +1.7% |
| Provisions for liabilities and charges | 160/5 | €261,954 | €266,368 | +€4,414 | +1.7% |
| Other liabilities and charges | 164/5 | €261,954 | €266,368 | +€4,414 | +1.7% |
| Amounts payable | 17/49 | €54,044 | €102,519 | +€48,475 | +89.7% |
| Amounts payable within one year | 42/48 | €49,823 | €98,305 | +€48,481 | +97.3% |
| Trade debts | 44 | €46,232 | €3,777 | -€42,455 | -91.8% |
| Suppliers | 440/4 | €46,232 | €3,777 | -€42,455 | -91.8% |
| Taxes, remuneration and social security | 45 | €2,758 | €7,587 | +€4,829 | +175.1% |
| Taxes | 450/3 | €2,758 | €7,587 | +€4,829 | +175.1% |
| Other amounts payable | 47/48 | €833 | €86,941 | +€86,108 | +10337.1% |
| Accrued charges and deferred income | 492/3 | €4,220 | €4,214 | -€7 | -0.2% |
| Other operating charges | 640/8 | €165 | €513 | +€348 | +211.1% |
| Gross operating margin | 9900 | €69,431 | €107,053 | +€37,622 | +54.2% |
| Operating profit (loss) | 9901 | €69,266 | €106,539 | +€37,274 | +53.8% |
| Financial income | 75/76B | €10,429 | €13,869 | +€3,440 | +33.0% |
| Recurring financial income | 75 | €10,429 | €13,869 | +€3,440 | +33.0% |
| Financial charges | 65/66B | €19,334 | €20,663 | +€1,329 | +6.9% |
| Recurring financial charges | 65 | €19,334 | €20,663 | +€1,329 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €60,361 | €99,745 | +€39,385 | +65.2% |
| Income taxes | 67/77 | €13,838 | €19,658 | +€5,820 | +42.1% |
| Profit (loss) for the period | 9904 | €46,522 | €80,087 | +€33,565 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,522 | €80,087 | +€33,565 | +72.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.