SEYS JOLIEN: 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.
SEYS JOLIEN
Largest movements
- Cash -€16,428
down €16,428 (-46.9%), from €35,058 to €18,630
mainly Contributions, distributions and other (-€29,495) and Debts after one year (-€7,544)
- Tangible fixed assets -€7,045
down €7,045 (-5.6%), from €125,392 to €118,347
of which Land and buildings: -€6,209
- Deferred charges and accrued income +€4,000
new in 2026: €4,000
- Reserves -€19,276
down €19,276 (-65.4%), from €29,495 to €10,220
- Other debts +€9,382
up €9,382 (+30.9%), from €30,388 to €39,770
- Debts after one year -€7,544
down €7,544 (-8.7%), from €86,474 to €78,930
- Tax, wage and social debts -€3,455
down €3,455 (-89.6%), from €3,857 to €402
- Gross operating margin -€28,775
down €28,775 (-52.8%), from €54,470 to €25,695
- Taxes -€6,404
down €6,404 (-54.6%), from €11,735 to €5,331
- Financial charges +€894
up €894 (+53.4%), from €1,676 to €2,571
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,464 | €142,146 | -€20,319 | -12.5% |
| Fixed assets | 21/28 | €125,392 | €118,347 | -€7,045 | -5.6% |
| Tangible fixed assets | 22/27 | €125,392 | €118,347 | -€7,045 | -5.6% |
| Land and buildings | 22 | €122,527 | €116,318 | -€6,209 | -5.1% |
| Plant, machinery and equipment | 23 | €2,865 | €2,028 | -€836 | -29.2% |
| Current assets | 29/58 | €37,072 | €23,799 | -€13,273 | -35.8% |
| Amounts receivable within one year | 40/41 | €2,014 | €1,169 | -€845 | -42.0% |
| Trade receivables | 40 | €749 | €0 | -€749 | -100% |
| Other amounts receivable | 41 | €1,265 | €1,169 | -€96 | -7.6% |
| Cash at bank and in hand | 54/58 | €35,058 | €18,630 | -€16,428 | -46.9% |
| Deferred charges and accrued income | 490/1 | - | €4,000 | +€4,000 | |
| Total equity and liabilities | 10/49 | €162,464 | €142,146 | -€20,319 | -12.5% |
| Equity | 10/15 | €32,495 | €13,220 | -€19,276 | -59.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,495 | €10,220 | -€19,276 | -65.4% |
| Distributable reserves | 133 | €29,495 | €10,220 | -€19,276 | -65.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €129,969 | €128,926 | -€1,043 | -0.8% |
| Amounts payable after more than one year | 17 | €86,474 | €78,930 | -€7,544 | -8.7% |
| Financial debts | 170/4 | €86,474 | €78,930 | -€7,544 | -8.7% |
| Amounts payable within one year | 42/48 | €42,445 | €48,658 | +€6,213 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €7,459 | €7,544 | +€85 | +1.1% |
| Trade debts | 44 | €741 | €941 | +€200 | +27.0% |
| Suppliers | 440/4 | €741 | €941 | +€200 | +27.0% |
| Taxes, remuneration and social security | 45 | €3,857 | €402 | -€3,455 | -89.6% |
| Taxes | 450/3 | €3,857 | €402 | -€3,455 | -89.6% |
| Other amounts payable | 47/48 | €30,388 | €39,770 | +€9,382 | +30.9% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,339 | +€289 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,848 | €7,045 | +€197 | +2.9% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €54,470 | €25,695 | -€28,775 | -52.8% |
| Operating profit (loss) | 9901 | €47,108 | €18,122 | -€28,987 | -61.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,676 | €2,571 | +€894 | +53.4% |
| Recurring financial charges | 65 | €1,676 | €2,571 | +€894 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €45,432 | €15,551 | -€29,881 | -65.8% |
| Income taxes | 67/77 | €11,735 | €5,331 | -€6,404 | -54.6% |
| Profit (loss) for the period | 9904 | €33,697 | €10,220 | -€23,477 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,697 | €10,220 | -€23,477 | -69.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.