SELEAN: 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.
SELEAN
Largest movements
- Cash -€1,817
down €1,817 (-28.0%), from €6,482 to €4,665
mainly Net result for the year (-€2,567)
- Profit (loss) carried forward -€2,567
down €2,567 (-74.1%), from -€3,464 to -€6,031
- Trade debts +€700
new in 2025: €700
- Other operating charges -€743
down €743 (-65.0%), from €1,143 to €400
- Gross operating margin +€91
up €91 (+4.0%), from -€2,258 to -€2,168
- Financial charges -€62
no longer reported in 2025 (was €62)
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 | €6,536 | €4,669 | -€1,867 | -28.6% |
| Current assets | 29/58 | €6,536 | €4,669 | -€1,867 | -28.6% |
| Amounts receivable within one year | 40/41 | €55 | €5 | -€50 | -91.6% |
| Other amounts receivable | 41 | €55 | €5 | -€50 | -91.6% |
| Cash at bank and in hand | 54/58 | €6,482 | €4,665 | -€1,817 | -28.0% |
| Total equity and liabilities | 10/49 | €6,536 | €4,669 | -€1,867 | -28.6% |
| Equity | 10/15 | €6,536 | €3,969 | -€2,567 | -39.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,464 | -€6,031 | -€2,567 | -74.1% |
| Amounts payable | 17/49 | - | €700 | +€700 | |
| Amounts payable within one year | 42/48 | - | €700 | +€700 | |
| Trade debts | 44 | - | €700 | +€700 | |
| Suppliers | 440/4 | - | €700 | +€700 | |
| Other operating charges | 640/8 | €1,143 | €400 | -€743 | -65.0% |
| Gross operating margin | 9900 | -€2,258 | -€2,168 | +€91 | +4.0% |
| Operating profit (loss) | 9901 | -€3,401 | -€2,567 | +€834 | +24.5% |
| Financial charges | 65/66B | €62 | - | -€62 | |
| Recurring financial charges | 65 | €62 | - | -€62 | |
| Profit (loss) for the period before taxes | 9903 | -€3,464 | -€2,567 | +€896 | +25.9% |
| Profit (loss) for the period | 9904 | -€3,464 | -€2,567 | +€896 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,464 | -€2,567 | +€896 | +25.9% |
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 29 September 2026 via checked.be.