SELASCON: 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.
SELASCON
Largest movements
- Current investments -€90,000
down €90,000 (-100.0%), from €90,000 to €0
- Tangible fixed assets +€17,225
up €17,225 (+2.5%), from €696,502 to €713,727
of which Land and buildings: +€27,361
- Other debts -€75,962
down €75,962 (-81.7%), from €92,953 to €16,991
- Profit (loss) carried forward +€12,476
up €12,476 (+45.6%), from -€27,343 to -€14,867
- Gross operating margin +€20,449
up €20,449 (+241.9%), from €8,453 to €28,902
- Financial income -€1,107
down €1,107 (-41.1%), from €2,695 to €1,587
- Depreciation +€992
up €992 (+7.9%), from €12,612 to €13,604
- Other operating charges -€722
down €722 (-14.9%), from €4,835 to €4,113
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 | €793,306 | €730,596 | -€62,710 | -7.9% |
| Fixed assets | 21/28 | €696,502 | €718,978 | +€22,475 | +3.2% |
| Intangible fixed assets | 21 | - | €5,250 | +€5,250 | |
| Tangible fixed assets | 22/27 | €696,502 | €713,727 | +€17,225 | +2.5% |
| Land and buildings | 22 | €672,385 | €699,745 | +€27,361 | +4.1% |
| Plant, machinery and equipment | 23 | €1,242 | €3,492 | +€2,249 | +181.1% |
| Furniture and vehicles | 24 | €22,875 | €10,490 | -€12,385 | -54.1% |
| Current assets | 29/58 | €96,804 | €11,618 | -€85,186 | -88.0% |
| Amounts receivable within one year | 40/41 | €3,960 | €9,526 | +€5,566 | +140.6% |
| Trade receivables | 40 | - | €8,131 | +€8,131 | |
| Other amounts receivable | 41 | €3,960 | €1,395 | -€2,565 | -64.8% |
| Current investments | 50/53 | €90,000 | €0 | -€90,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,796 | €1,212 | -€584 | -32.5% |
| Deferred charges and accrued income | 490/1 | €1,048 | €880 | -€168 | -16.0% |
| Total equity and liabilities | 10/49 | €793,306 | €730,596 | -€62,710 | -7.9% |
| Equity | 10/15 | €693,657 | €706,133 | +€12,476 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €701,000 | €701,000 | = | 0.0% |
| Distributable reserves | 133 | €701,000 | €701,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,343 | -€14,867 | +€12,476 | +45.6% |
| Amounts payable | 17/49 | €99,650 | €24,463 | -€75,187 | -75.5% |
| Amounts payable within one year | 42/48 | €99,650 | €24,463 | -€75,187 | -75.5% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €145 | €1,973 | +€1,828 | +1259.2% |
| Suppliers | 440/4 | €145 | €1,973 | +€1,828 | +1259.2% |
| Taxes, remuneration and social security | 45 | €6,551 | €5,498 | -€1,053 | -16.1% |
| Taxes | 450/3 | €6,551 | €5,498 | -€1,053 | -16.1% |
| Other amounts payable | 47/48 | €92,953 | €16,991 | -€75,962 | -81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,612 | €13,604 | +€992 | +7.9% |
| Other operating charges | 640/8 | €4,835 | €4,113 | -€722 | -14.9% |
| Gross operating margin | 9900 | €8,453 | €28,902 | +€20,449 | +241.9% |
| Operating profit (loss) | 9901 | -€8,994 | €11,185 | +€20,180 | |
| Financial income | 75/76B | €2,695 | €1,587 | -€1,107 | -41.1% |
| Recurring financial income | 75 | €2,695 | €1,587 | -€1,107 | -41.1% |
| Financial charges | 65/66B | €129 | €122 | -€7 | -5.3% |
| Recurring financial charges | 65 | €129 | €122 | -€7 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,428 | €12,651 | +€19,079 | |
| Income taxes | 67/77 | €280 | €174 | -€106 | -37.8% |
| Profit (loss) for the period | 9904 | -€6,709 | €12,476 | +€19,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,709 | €12,476 | +€19,185 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.