SEYO DECO: what changed
SEYO DECO
Largest movements
- Receivables within one year -€10,469
down €10,469 (-67.9%), from €15,414 to €4,945
of which Trade receivables: -€10,137
- Cash -€2,030
down €2,030 (-93.0%), from €2,182 to €152
mainly Net result for the year (-€9,539) and Tax, wage and social debts (-€4,127)
- Profit (loss) carried forward -€5,394
down €5,394 (-97.7%), from -€5,522 to -€10,916
- Tax, wage and social debts -€4,127
no longer reported in 2024 (was €4,127)
- Trade debts -€2,382
down €2,382 (-84.0%), from €2,836 to €454
- Accrued charges and deferred income -€589
no longer reported in 2024 (was €589)
- Turnover -€32,459
down €32,459 (-80.6%), from €40,259 to €7,800
- Purchases and services -€31,873
down €31,873 (-65.7%), from €48,500 to €16,627
- Gross operating margin -€585
down €585 (-7.1%), from -€8,241 to -€8,827
- Other operating charges -€484
down €484 (-42.1%), from €1,150 to €667
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,640 | €5,098 | -€12,543 | -71.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €17,640 | €5,098 | -€12,543 | -71.1% |
| Amounts receivable within one year | 40/41 | €15,414 | €4,945 | -€10,469 | -67.9% |
| Trade receivables | 40 | €14,917 | €4,780 | -€10,137 | -68.0% |
| Other amounts receivable | 41 | €497 | €165 | -€332 | -66.7% |
| Cash at bank and in hand | 54/58 | €2,182 | €152 | -€2,030 | -93.0% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €17,640 | €5,098 | -€12,543 | -71.1% |
| Equity | 10/15 | €10,038 | €4,644 | -€5,394 | -53.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,360 | €9,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,522 | -€10,916 | -€5,394 | -97.7% |
| Amounts payable | 17/49 | €7,603 | €454 | -€7,149 | -94.0% |
| Amounts payable within one year | 42/48 | €7,014 | €454 | -€6,560 | -93.5% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €2,836 | €454 | -€2,382 | -84.0% |
| Suppliers | 440/4 | €2,836 | €454 | -€2,382 | -84.0% |
| Taxes, remuneration and social security | 45 | €4,127 | - | -€4,127 | |
| Taxes | 450/3 | €4,127 | - | -€4,127 | |
| Other amounts payable | 47/48 | €49 | - | -€49 | |
| Accrued charges and deferred income | 492/3 | €589 | - | -€589 | |
| Turnover | 70 | €40,259 | €7,800 | -€32,459 | -80.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,500 | €16,627 | -€31,873 | -65.7% |
| Other operating charges | 640/8 | €1,150 | €667 | -€484 | -42.1% |
| Gross operating margin | 9900 | -€8,241 | -€8,827 | -€585 | -7.1% |
| Operating profit (loss) | 9901 | -€9,392 | -€9,493 | -€101 | -1.1% |
| Financial income | 75/76B | €301 | €1 | -€300 | -99.5% |
| Recurring financial income | 75 | €301 | €1 | -€300 | -99.5% |
| Financial charges | 65/66B | €152 | €47 | -€105 | -69.0% |
| Recurring financial charges | 65 | €152 | €47 | -€105 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,242 | -€9,539 | -€297 | -3.2% |
| Income taxes | 67/77 | €60 | - | -€60 | |
| Profit (loss) for the period | 9904 | -€9,302 | -€9,539 | -€237 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,302 | -€9,539 | -€237 | -2.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.