SELECT HOME S.C.: 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.
SELECT HOME S.C.
Largest movements
- Stocks and contracts +€226,201
up €226,201 (+150%), from €150,313 to €376,513
of which Contracts in progress: +€376,513
- Current investments -€203,000
down €203,000 (-100%), from €203,000 to €0
- Cash -€48,949
down €48,949 (-73.5%), from €66,607 to €17,657
mainly Stocks and contracts (-€226,201) and Contributions, distributions and other (-€107,101)
- Trade debts +€147,044
up €147,044 (+136,874%), from €107 to €147,151
- Contributions -€94,500
down €94,500 (-37.8%), from €250,000 to €155,500
- Debts after one year -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Reserves -€32,847
down €32,847 (-98.5%), from €33,336 to €489
- Financial charges +€24,110
up €24,110 (+2,139%), from €1,127 to €25,237
- Financial income -€6,824
down €6,824 (-36.5%), from €18,715 to €11,891
- Gross operating margin -€4,423
down €4,423 (-179%), from -€2,477 to -€6,900
- Other operating charges -€263
down €263 (-100%), from €263 to €0
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 | €433,443 | €403,973 | -€29,470 | -6.8% |
| Current assets | 29/58 | €433,443 | €403,973 | -€29,470 | -6.8% |
| Stocks and contracts in progress | 3 | €150,313 | €376,513 | +€226,201 | +150% |
| Stocks | 30/36 | €150,313 | €0 | -€150,313 | -100% |
| Contracts in progress | 37 | - | €376,513 | +€376,513 | |
| Amounts receivable within one year | 40/41 | €13,524 | €9,803 | -€3,721 | -27.5% |
| Other amounts receivable | 41 | €13,524 | €9,803 | -€3,721 | -27.5% |
| Current investments | 50/53 | €203,000 | €0 | -€203,000 | -100% |
| Cash at bank and in hand | 54/58 | €66,607 | €17,657 | -€48,949 | -73.5% |
| Total equity and liabilities | 10/49 | €433,443 | €403,973 | -€29,470 | -6.8% |
| Equity | 10/15 | €283,336 | €155,989 | -€127,347 | -44.9% |
| Contributions | 10/11 | €250,000 | €155,500 | -€94,500 | -37.8% |
| Reserves | 13 | €33,336 | €489 | -€32,847 | -98.5% |
| Distributable reserves | 133 | €33,336 | €489 | -€32,847 | -98.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €150,107 | €247,984 | +€97,877 | +65.2% |
| Amounts payable after more than one year | 17 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Other amounts payable | 178/9 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Amounts payable within one year | 42/48 | €107 | €147,151 | +€147,044 | +136,874% |
| Trade debts | 44 | €107 | €147,151 | +€147,044 | +136,874% |
| Suppliers | 440/4 | €107 | €147,151 | +€147,044 | +136,874% |
| Accrued charges and deferred income | 492/3 | - | €833 | +€833 | |
| Other operating charges | 640/8 | €263 | €0 | -€263 | -100% |
| Gross operating margin | 9900 | -€2,477 | -€6,900 | -€4,423 | -179% |
| Operating profit (loss) | 9901 | -€2,740 | -€6,900 | -€4,160 | -152% |
| Financial income | 75/76B | €18,715 | €11,891 | -€6,824 | -36.5% |
| Recurring financial income | 75 | €18,715 | €11,891 | -€6,824 | -36.5% |
| Financial charges | 65/66B | €1,127 | €25,237 | +€24,110 | +2,139% |
| Recurring financial charges | 65 | €1,127 | €25,237 | +€24,110 | +2,139% |
| Profit (loss) for the period before taxes | 9903 | €14,848 | -€20,246 | -€35,094 | |
| Profit (loss) for the period | 9904 | €14,848 | -€20,246 | -€35,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,848 | -€20,246 | -€35,094 |
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 24 October 2026 via checked.be.