SELEGUA: what changed
What changed
SELEGUA
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€34,049
2024 · €38,176-€4,127
Equity
€385,704
2024 · €351,656+€34,049
Cash
€204,057
2024 · €197,869+€6,188
Balance sheet total
€603,426
2024 · €572,870+€30,556
Largest movements
Assets
- Tangible fixed assets +€20,040
up €20,040 (+10.7%), from €186,894 to €206,934
of which Plant, machinery and equipment: +€30,433
- Cash +€6,188
up €6,188 (+3.1%), from €197,869 to €204,057
mainly Net result for the year (+€34,049) and Depreciation (+€14,857)
Equity and liabilities
- Reserves +€34,040
up €34,040 (+10.0%), from €339,235 to €373,275
of which Distributable reserves: +€34,040
- Tax, wage and social debts +€8,443
up €8,443 (+25.9%), from €32,554 to €40,997
of which Remuneration and social security: +€7,953
- Debts after one year -€7,444
down €7,444 (-4.8%), from €155,738 to €148,294
of which Financial debts: -€8,744
Income statement
- Gross operating margin -€12,945
down €12,945 (-8.9%), from €144,636 to €131,691
- Staff costs -€8,341
down €8,341 (-12.2%), from €68,333 to €59,992
- Taxes -€1,659
down €1,659 (-10.5%), from €15,833 to €14,174
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
€38,176
Gross operating margin
-€12,945
Staff costs
+€8,341
Depreciation
-€1,109
Other operating charges
+€230
Financial income
-€595
Financial charges
+€292
Taxes
+€1,659
Result 2025
€34,049
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
+€53,432
Investment
-€40,030
Financing
-€7,214
Cash 2024
€197,869
From operations (derived)
+€53,432
Net result for the year
+€34,049
Depreciation
+€14,857
Receivables within one year
-€1,376
Deferred charges and accrued income
+€2,181
Trade debts
-€979
Tax, wage and social debts
+€8,443
Other debts
-€5,553
Accrued charges and deferred income
+€1,811
Investment (derived)
-€40,030
Investment in fixed assets (net)
-€34,898
Current investments
-€5,132
Financing
-€7,214
Debts after one year
-€7,444
Current portion of long-term debt
+€231
Cash 2025
€204,057
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €572,870 | €603,426 | +€30,556 | +5.3% |
| Fixed assets | 21/28 | €186,894 | €206,934 | +€20,040 | +10.7% |
| Tangible fixed assets | 22/27 | €186,894 | €206,934 | +€20,040 | +10.7% |
| Land and buildings | 22 | €138,963 | €130,203 | -€8,760 | -6.3% |
| Plant, machinery and equipment | 23 | €2,382 | €32,815 | +€30,433 | +1,277% |
| Furniture and vehicles | 24 | €2,714 | €3,678 | +€964 | +35.5% |
| Other tangible fixed assets | 26 | €42,834 | €40,238 | -€2,596 | -6.1% |
| Current assets | 29/58 | €385,976 | €396,492 | +€10,516 | +2.7% |
| Amounts receivable within one year | 40/41 | €85,345 | €86,721 | +€1,376 | +1.6% |
| Trade receivables | 40 | €81,178 | €76,593 | -€4,584 | -5.6% |
| Other amounts receivable | 41 | €4,167 | €10,128 | +€5,960 | +143% |
| Current investments | 50/53 | €100,000 | €105,132 | +€5,132 | +5.1% |
| Cash at bank and in hand | 54/58 | €197,869 | €204,057 | +€6,188 | +3.1% |
| Deferred charges and accrued income | 490/1 | €2,762 | €581 | -€2,181 | -79.0% |
| Total equity and liabilities | 10/49 | €572,870 | €603,426 | +€30,556 | +5.3% |
| Equity | 10/15 | €351,656 | €385,704 | +€34,049 | +9.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €339,235 | €373,275 | +€34,040 | +10.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €337,375 | €371,415 | +€34,040 | +10.1% |
| Profit (loss) carried forward | 14 | €21 | €29 | +€9 | +42.9% |
| Amounts payable | 17/49 | €221,215 | €217,722 | -€3,493 | -1.6% |
| Amounts payable after more than one year | 17 | €155,738 | €148,294 | -€7,444 | -4.8% |
| Financial debts | 170/4 | €155,738 | €146,994 | -€8,744 | -5.6% |
| Other amounts payable | 178/9 | - | €1,300 | +€1,300 | |
| Amounts payable within one year | 42/48 | €65,476 | €67,617 | +€2,141 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €9,233 | €9,463 | +€231 | +2.5% |
| Trade debts | 44 | €1,117 | €138 | -€979 | -87.7% |
| Suppliers | 440/4 | €1,117 | €138 | -€979 | -87.7% |
| Advances received on contracts in progress | 46 | €214 | €214 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €32,554 | €40,997 | +€8,443 | +25.9% |
| Taxes | 450/3 | €25,605 | €26,096 | +€490 | +1.9% |
| Remuneration and social security | 454/9 | €6,949 | €14,901 | +€7,953 | +114% |
| Other amounts payable | 47/48 | €22,359 | €16,806 | -€5,553 | -24.8% |
| Accrued charges and deferred income | 492/3 | - | €1,811 | +€1,811 | |
| Remuneration, social security and pensions | 62 | €68,333 | €59,992 | -€8,341 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,749 | €14,857 | +€1,109 | +8.1% |
| Other operating charges | 640/8 | €5,075 | €4,845 | -€230 | -4.5% |
| Gross operating margin | 9900 | €144,636 | €131,691 | -€12,945 | -8.9% |
| Operating profit (loss) | 9901 | €57,480 | €51,996 | -€5,483 | -9.5% |
| Financial income | 75/76B | €1,042 | €448 | -€595 | -57.0% |
| Recurring financial income | 75 | €1,042 | €448 | -€595 | -57.0% |
| Financial charges | 65/66B | €4,513 | €4,222 | -€292 | -6.5% |
| Recurring financial charges | 65 | €4,513 | €4,222 | -€292 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €54,009 | €48,223 | -€5,786 | -10.7% |
| Income taxes | 67/77 | €15,833 | €14,174 | -€1,659 | -10.5% |
| Profit (loss) for the period | 9904 | €38,176 | €34,049 | -€4,127 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,176 | €34,049 | -€4,127 | -10.8% |
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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 2 November 2026 via checked.be.