SELARC CONSULTING: 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.
SELARC CONSULTING
Largest movements
- Cash +€47,089
up €47,089 (+23.9%), from €196,900 to €243,989
mainly Other debts (+€99,120) and Net result for the year (+€92,305)
- Receivables within one year -€2,896
down €2,896 (-19.3%), from €15,021 to €12,125
of which Trade receivables: -€2,692
- Other debts +€99,120
up €99,120 (+16,105%), from €615 to €99,735
- Profit (loss) carried forward -€57,695
down €57,695 (-30.0%), from €192,569 to €134,874
- Gross operating margin -€12,957
down €12,957 (-9.9%), from €131,394 to €118,436
- Taxes -€3,278
down €3,278 (-11.9%), from €27,581 to €24,303
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 | €215,312 | €257,903 | +€42,591 | +19.8% |
| Fixed assets | 21/28 | €3,367 | €1,789 | -€1,578 | -46.9% |
| Tangible fixed assets | 22/27 | €3,367 | €1,789 | -€1,578 | -46.9% |
| Furniture and vehicles | 24 | €3,367 | €1,789 | -€1,578 | -46.9% |
| Current assets | 29/58 | €211,945 | €256,114 | +€44,169 | +20.8% |
| Amounts receivable within one year | 40/41 | €15,021 | €12,125 | -€2,896 | -19.3% |
| Trade receivables | 40 | €14,427 | €11,735 | -€2,692 | -18.7% |
| Other amounts receivable | 41 | €595 | €391 | -€204 | -34.3% |
| Cash at bank and in hand | 54/58 | €196,900 | €243,989 | +€47,089 | +23.9% |
| Deferred charges and accrued income | 490/1 | €23 | - | -€23 | |
| Total equity and liabilities | 10/49 | €215,312 | €257,903 | +€42,591 | +19.8% |
| Equity | 10/15 | €213,029 | €155,334 | -€57,695 | -27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €192,569 | €134,874 | -€57,695 | -30.0% |
| Amounts payable | 17/49 | €2,283 | €102,569 | +€100,287 | +4,393% |
| Amounts payable within one year | 42/48 | €2,283 | €102,569 | +€100,287 | +4,393% |
| Trade debts | 44 | €45 | €1,448 | +€1,403 | +3,151% |
| Suppliers | 440/4 | €45 | €1,448 | +€1,403 | +3,151% |
| Taxes, remuneration and social security | 45 | €1,623 | €1,386 | -€236 | -14.6% |
| Taxes | 450/3 | €1,623 | €1,386 | -€236 | -14.6% |
| Other amounts payable | 47/48 | €615 | €99,735 | +€99,120 | +16,105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €1,578 | +€363 | +29.9% |
| Gross operating margin | 9900 | €131,394 | €118,436 | -€12,957 | -9.9% |
| Operating profit (loss) | 9901 | €130,179 | €116,859 | -€13,321 | -10.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €251 | €252 | +€1 | +0.5% |
| Recurring financial charges | 65 | €251 | €252 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €129,928 | €116,608 | -€13,321 | -10.3% |
| Income taxes | 67/77 | €27,581 | €24,303 | -€3,278 | -11.9% |
| Profit (loss) for the period | 9904 | €102,347 | €92,305 | -€10,043 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,347 | €92,305 | -€10,043 | -9.8% |
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 25 October 2026 via checked.be.