SICIL-SEEDLING: 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.
SICIL-SEEDLING
Largest movements
- Receivables within one year -€155,558
down €155,558 (-24.8%), from €626,199 to €470,642
of which Trade receivables: -€196,333
- Stocks and contracts +€123,000
up €123,000 (+32.8%), from €375,290 to €498,290
- Tangible fixed assets -€36,535
down €36,535 (-47.6%), from €76,804 to €40,269
of which Other tangible fixed assets: -€30,216
- Reserves -€55,672
down €55,672 (-20.9%), from €265,937 to €210,266
- Other debts -€45,617
down €45,617 (-8.9%), from €512,983 to €467,366
- Trade debts +€41,930
up €41,930 (+14.9%), from €280,740 to €322,670
- Financial income +€9,091
up €9,091 (+26,199%), from €35 to €9,126
- Gross operating margin -€7,973
down €7,973 (-15.0%), from €53,181 to €45,208
- Write-downs +€3,255
new in 2025: €3,255
- Depreciation -€2,080
down €2,080 (-5.4%), from €38,615 to €36,535
- Other operating charges -€1,104
down €1,104 (-16.9%), from €6,540 to €5,436
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 | €1,097,747 | €1,037,887 | -€59,860 | -5.5% |
| Fixed assets | 21/28 | €76,804 | €40,269 | -€36,535 | -47.6% |
| Tangible fixed assets | 22/27 | €76,804 | €40,269 | -€36,535 | -47.6% |
| Furniture and vehicles | 24 | €6,386 | €68 | -€6,318 | -98.9% |
| Other tangible fixed assets | 26 | €70,418 | €40,202 | -€30,216 | -42.9% |
| Current assets | 29/58 | €1,020,943 | €997,617 | -€23,325 | -2.3% |
| Stocks and contracts in progress | 3 | €375,290 | €498,290 | +€123,000 | +32.8% |
| Stocks | 30/36 | €375,290 | €498,290 | +€123,000 | +32.8% |
| Amounts receivable within one year | 40/41 | €626,199 | €470,642 | -€155,558 | -24.8% |
| Trade receivables | 40 | €591,634 | €395,301 | -€196,333 | -33.2% |
| Other amounts receivable | 41 | €34,565 | €75,341 | +€40,775 | +118% |
| Cash at bank and in hand | 54/58 | €18,787 | €28,686 | +€9,899 | +52.7% |
| Deferred charges and accrued income | 490/1 | €666 | - | -€666 | |
| Total equity and liabilities | 10/49 | €1,097,747 | €1,037,887 | -€59,860 | -5.5% |
| Equity | 10/15 | €298,437 | €242,766 | -€55,672 | -18.7% |
| Contributions | 10/11 | €32,500 | €32,500 | = | 0.0% |
| Reserves | 13 | €265,937 | €210,266 | -€55,672 | -20.9% |
| Distributable reserves | 133 | €265,937 | €210,266 | -€55,672 | -20.9% |
| Amounts payable | 17/49 | €799,309 | €795,121 | -€4,188 | -0.5% |
| Amounts payable within one year | 42/48 | €799,309 | €795,121 | -€4,188 | -0.5% |
| Trade debts | 44 | €280,740 | €322,670 | +€41,930 | +14.9% |
| Suppliers | 440/4 | €280,740 | €322,670 | +€41,930 | +14.9% |
| Taxes, remuneration and social security | 45 | €5,586 | €5,085 | -€502 | -9.0% |
| Taxes | 450/3 | €5,586 | €5,085 | -€502 | -9.0% |
| Other amounts payable | 47/48 | €512,983 | €467,366 | -€45,617 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,615 | €36,535 | -€2,080 | -5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,255 | +€3,255 | |
| Other operating charges | 640/8 | €6,540 | €5,436 | -€1,104 | -16.9% |
| Gross operating margin | 9900 | €53,181 | €45,208 | -€7,973 | -15.0% |
| Operating profit (loss) | 9901 | €8,026 | -€18 | -€8,044 | |
| Financial income | 75/76B | €35 | €9,126 | +€9,091 | +26,199% |
| Recurring financial income | 75 | €35 | €9,126 | +€9,091 | +26,199% |
| Financial charges | 65/66B | €146 | €185 | +€39 | +26.7% |
| Recurring financial charges | 65 | €146 | €185 | +€39 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €7,915 | €8,922 | +€1,008 | +12.7% |
| Income taxes | 67/77 | €5,261 | €5,085 | -€177 | -3.4% |
| Profit (loss) for the period | 9904 | €2,654 | €3,838 | +€1,184 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,654 | €3,838 | +€1,184 | +44.6% |
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 22 October 2026 via checked.be.