SELECTIV: what changed
What changed
SELECTIV
NACE 71.112, Activities of interior architects
filed annual accounts (NBB)
Net result for the year
€13,754
2024 · €7,068+€6,686
Equity
€36,713
2024 · €22,959+€13,754
Cash
€4,790
2024 · €5,186-€396
Balance sheet total
€54,992
2024 · €35,525+€19,467
Largest movements
Assets
- Receivables within one year +€17,223
up €17,223 (+84.5%), from €20,392 to €37,616
of which Other amounts receivable: +€12,223
- Tangible fixed assets +€2,640
up €2,640 (+106%), from €2,481 to €5,121
Equity and liabilities
- Profit (loss) carried forward +€13,754
up €13,754 (+68.9%), from €19,959 to €33,713
- Current portion of long-term debt +€1,878
new in 2025: €1,878
- Debts after one year +€1,787
new in 2025: €1,787
- Other debts +€1,700
up €1,700 (+213%), from €800 to €2,500
- Tax, wage and social debts +€839
up €839 (+8.0%), from €10,543 to €11,382
Income statement
- Gross operating margin +€6,703
up €6,703 (+41.7%), from €16,069 to €22,772
- Financial income +€735
up €735 (+104%), from €704 to €1,439
- Other operating charges +€674
up €674 (+149%), from €451 to €1,125
- Taxes +€628
up €628 (+17.9%), from €3,500 to €4,128
- Financial charges -€364
down €364 (-7.5%), from €4,825 to €4,461
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,068
Gross operating margin
+€6,703
Depreciation
+€185
Other operating charges
-€674
Financial income
+€735
Financial charges
+€364
Taxes
-€628
Result 2025
€13,754
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€678
Investment
-€3,383
Financing
+€3,665
Cash 2024
€5,186
From operations (derived)
-€678
Net result for the year
+€13,754
Depreciation
+€744
Receivables within one year
-€17,223
Deferred charges and accrued income
-€0
Trade debts
-€490
Tax, wage and social debts
+€839
Other debts
+€1,700
Investment (derived)
-€3,383
Investment in fixed assets (net)
-€3,383
Financing
+€3,665
Debts after one year
+€1,787
Current portion of long-term debt
+€1,878
Cash 2025
€4,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,525 | €54,992 | +€19,467 | +54.8% |
| Fixed assets | 21/28 | €2,481 | €5,121 | +€2,640 | +106% |
| Tangible fixed assets | 22/27 | €2,481 | €5,121 | +€2,640 | +106% |
| Furniture and vehicles | 24 | €2,481 | €5,121 | +€2,640 | +106% |
| Current assets | 29/58 | €33,044 | €49,872 | +€16,827 | +50.9% |
| Amounts receivable within one year | 40/41 | €20,392 | €37,616 | +€17,223 | +84.5% |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | €20,392 | €32,616 | +€12,223 | +59.9% |
| Current investments | 50/53 | €6,900 | €6,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,186 | €4,790 | -€396 | -7.6% |
| Deferred charges and accrued income | 490/1 | €566 | €566 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €35,525 | €54,992 | +€19,467 | +54.8% |
| Equity | 10/15 | €22,959 | €36,713 | +€13,754 | +59.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,959 | €33,713 | +€13,754 | +68.9% |
| Amounts payable | 17/49 | €12,566 | €18,280 | +€5,714 | +45.5% |
| Amounts payable after more than one year | 17 | - | €1,787 | +€1,787 | |
| Financial debts | 170/4 | - | €1,787 | +€1,787 | |
| Amounts payable within one year | 42/48 | €12,566 | €16,493 | +€3,927 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,878 | +€1,878 | |
| Trade debts | 44 | €1,223 | €733 | -€490 | -40.1% |
| Suppliers | 440/4 | €1,223 | €733 | -€490 | -40.1% |
| Taxes, remuneration and social security | 45 | €10,543 | €11,382 | +€839 | +8.0% |
| Taxes | 450/3 | €10,543 | €11,382 | +€839 | +8.0% |
| Other amounts payable | 47/48 | €800 | €2,500 | +€1,700 | +213% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €929 | €744 | -€185 | -20.0% |
| Other operating charges | 640/8 | €451 | €1,125 | +€674 | +149% |
| Gross operating margin | 9900 | €16,069 | €22,772 | +€6,703 | +41.7% |
| Operating profit (loss) | 9901 | €14,689 | €20,904 | +€6,215 | +42.3% |
| Financial income | 75/76B | €704 | €1,439 | +€735 | +104% |
| Recurring financial income | 75 | €704 | €1,439 | +€735 | +104% |
| Financial charges | 65/66B | €4,825 | €4,461 | -€364 | -7.5% |
| Recurring financial charges | 65 | €4,825 | €4,461 | -€364 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €10,568 | €17,881 | +€7,314 | +69.2% |
| Income taxes | 67/77 | €3,500 | €4,128 | +€628 | +17.9% |
| Profit (loss) for the period | 9904 | €7,068 | €13,754 | +€6,686 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,068 | €13,754 | +€6,686 | +94.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.