Zeemeeuwe: 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.
Zeemeeuwe
Largest movements
- Tangible fixed assets -€29,227
down €29,227 (-18.2%), from €160,330 to €131,103
of which Other tangible fixed assets: -€29,105
- Receivables within one year -€8,104
no longer reported in 2025 (was €8,104)
of which Trade receivables: -€7,260
- Cash +€7,933
up €7,933 (+18.1%), from €43,763 to €51,696
mainly Depreciation (+€29,227) and Receivables within one year (+€8,104)
- Profit (loss) carried forward -€30,180
down €30,180 (-14.0%), from -€215,880 to -€246,060
- Gross operating margin +€3,774
up €3,774 (+82.3%), from €4,587 to €8,361
- Other operating charges -€1,520
down €1,520 (-14.1%), from €10,779 to €9,259
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 | €212,197 | €182,799 | -€29,398 | -13.9% |
| Fixed assets | 21/28 | €160,330 | €131,103 | -€29,227 | -18.2% |
| Tangible fixed assets | 22/27 | €160,330 | €131,103 | -€29,227 | -18.2% |
| Land and buildings | 22 | €9,727 | €9,727 | = | 0.0% |
| Furniture and vehicles | 24 | €367 | €245 | -€122 | -33.2% |
| Other tangible fixed assets | 26 | €150,236 | €121,131 | -€29,105 | -19.4% |
| Current assets | 29/58 | €51,867 | €51,696 | -€171 | -0.3% |
| Amounts receivable within one year | 40/41 | €8,104 | - | -€8,104 | |
| Trade receivables | 40 | €7,260 | - | -€7,260 | |
| Other amounts receivable | 41 | €844 | - | -€844 | |
| Cash at bank and in hand | 54/58 | €43,763 | €51,696 | +€7,933 | +18.1% |
| Total equity and liabilities | 10/49 | €212,197 | €182,799 | -€29,398 | -13.9% |
| Equity | 10/15 | €205,987 | €175,807 | -€30,180 | -14.7% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €21,867 | €21,867 | = | 0.0% |
| Non-distributable reserves | 130/1 | €938 | €938 | = | 0.0% |
| Other | 1319 | €938 | €938 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,608 | €20,608 | = | 0.0% |
| Distributable reserves | 133 | €321 | €321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,880 | -€246,060 | -€30,180 | -14.0% |
| Amounts payable | 17/49 | €6,210 | €6,992 | +€782 | +12.6% |
| Amounts payable within one year | 42/48 | €6,210 | €6,992 | +€782 | +12.6% |
| Trade debts | 44 | - | €1,285 | +€1,285 | |
| Suppliers | 440/4 | - | €1,285 | +€1,285 | |
| Taxes, remuneration and social security | 45 | €1,007 | €504 | -€503 | -50.0% |
| Taxes | 450/3 | €1,007 | €504 | -€503 | -50.0% |
| Other amounts payable | 47/48 | €5,203 | €5,203 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,228 | €29,227 | -€1 | 0.0% |
| Other operating charges | 640/8 | €10,779 | €9,259 | -€1,520 | -14.1% |
| Gross operating margin | 9900 | €4,587 | €8,361 | +€3,774 | +82.3% |
| Operating profit (loss) | 9901 | -€35,420 | -€30,125 | +€5,295 | +14.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €125 | €55 | -€70 | -56.0% |
| Recurring financial charges | 65 | €125 | €55 | -€70 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,544 | -€30,180 | +€5,364 | +15.1% |
| Profit (loss) for the period | 9904 | -€35,544 | -€30,180 | +€5,364 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,544 | -€30,180 | +€5,364 | +15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.