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BIJOUTERIE SELEN: 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.

What changed

BIJOUTERIE SELEN

BE 0443.473.310
NACE 47.784, Retail sale of souvenirs and religious articles
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€3,913
2022 · €1,032-€4,944
Equity
€55,825
2022 · €59,738-€3,913
Cash
€38,799
2022 · €34,852+€3,947
Balance sheet total
€113,664
2022 · €127,831-€14,168

Largest movements

2022 to 2023
Assets
  • Stocks and contracts -€18,357

    down €18,357 (-24.1%), from €76,216 to €57,859

  • Cash +€3,947

    up €3,947 (+11.3%), from €34,852 to €38,799

    mainly Stocks and contracts (+€18,357) and Depreciation (+€896)

Equity and liabilities
  • Debts after one year -€9,341

    down €9,341 (-17.5%), from €53,440 to €44,098

  • Profit (loss) carried forward -€3,913

    down €3,913 (-9.9%), from €39,662 to €35,750

  • Tax, wage and social debts -€1,488

    down €1,488 (-15.0%), from €9,916 to €8,428

    of which Taxes: -€815

Income statement
  • Staff costs -€34,948

    down €34,948 (-91.9%), from €38,042 to €3,094

  • Gross operating margin -€25,667

    down €25,667 (-65.9%), from €38,965 to €13,298

  • Taxes +€9,927

    up €9,927 (+295.2%), from €3,363 to €13,290

  • Financial income -€6,947

    down €6,947 (-98.3%), from €7,069 to €122

    of which Non-recurring financial income: -€7,069

  • Other operating charges -€2,725

    no longer reported in 2023 (was €2,725)

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €1,032
Gross operating margin -€25,667
Staff costs +€34,948
Depreciation -€64
Other operating charges +€2,725
Financial income -€6,947
Financial charges -€12
Taxes -€9,927
Result 2023 -€3,913

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€13,288
Investment €0
Financing -€9,341
Cash 2022 €34,852
Net result for the year -€3,913
Depreciation +€896
Stocks and contracts +€18,357
Receivables within one year -€1,139
Trade debts +€575
Tax, wage and social debts -€1,488
Debts after one year -€9,341
Cash 2023 €38,799
Every line side by side 44 lines
Line Code 2022 2023 Change %
Total assets 20/58 €127,831 €113,664 -€14,168 -11.1%
Fixed assets 21/28 €3,042 €2,145 -€896 -29.5%
Tangible fixed assets 22/27 €3,042 €2,145 -€896 -29.5%
Plant, machinery and equipment 23 €926 €696 -€230 -24.8%
Furniture and vehicles 24 €2,116 €1,450 -€666 -31.5%
Current assets 29/58 €124,790 €111,518 -€13,271 -10.6%
Stocks and contracts in progress 3 €76,216 €57,859 -€18,357 -24.1%
Stocks 30/36 €76,216 €57,859 -€18,357 -24.1%
Amounts receivable within one year 40/41 €13,722 €14,861 +€1,139 +8.3%
Trade receivables 40 €13,722 €14,861 +€1,139 +8.3%
Cash at bank and in hand 54/58 €34,852 €38,799 +€3,947 +11.3%
Total equity and liabilities 10/49 €127,831 €113,664 -€14,168 -11.1%
Equity 10/15 €59,738 €55,825 -€3,913 -6.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 €18,600 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Reserves 13 €1,475 €1,475 = 0.0%
Non-distributable reserves 130/1 €1,420 €1,420 = 0.0%
Legal reserve 130 €1,420 €1,420 = 0.0%
Distributable reserves 133 €55 €55 = 0.0%
Profit (loss) carried forward 14 €39,662 €35,750 -€3,913 -9.9%
Amounts payable 17/49 €68,094 €57,839 -€10,255 -15.1%
Amounts payable after more than one year 17 €53,440 €44,098 -€9,341 -17.5%
Other amounts payable 178/9 €53,440 €44,098 -€9,341 -17.5%
Amounts payable within one year 42/48 €14,654 €13,741 -€914 -6.2%
Trade debts 44 €4,739 €5,313 +€575 +12.1%
Suppliers 440/4 €4,739 €5,313 +€575 +12.1%
Taxes, remuneration and social security 45 €9,916 €8,428 -€1,488 -15.0%
Taxes 450/3 €5,805 €4,990 -€815 -14.0%
Remuneration and social security 454/9 €4,111 €3,438 -€673 -16.4%
Remuneration, social security and pensions 62 €38,042 €3,094 -€34,948 -91.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €832 €896 +€64 +7.7%
Other operating charges 640/8 €2,725 - -€2,725
Gross operating margin 9900 €38,965 €13,298 -€25,667 -65.9%
Operating profit (loss) 9901 -€2,635 €9,307 +€11,942
Financial income 75/76B €7,069 €122 -€6,947 -98.3%
Recurring financial income 75 €0 €122 +€122 +1220700.0%
Non-recurring financial income 76B €7,069 - -€7,069
Financial charges 65/66B €39 €51 +€12 +30.5%
Recurring financial charges 65 €39 €51 +€12 +30.5%
Profit (loss) for the period before taxes 9903 €4,395 €9,377 +€4,983 +113.4%
Income taxes 67/77 €3,363 €13,290 +€9,927 +295.2%
Profit (loss) for the period 9904 €1,032 -€3,913 -€4,944
Profit (loss) for the period to be appropriated 9905 €1,032 -€3,913 -€4,944

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.