SELENAY: 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.
SELENAY
Largest movements
- Receivables within one year -€2,600
no longer reported in 2025 (was €2,600)
- Cash +€2,045
up €2,045 (+29.4%), from €6,947 to €8,992
mainly Trade debts (+€2,955) and Receivables within one year (+€2,600)
- Profit (loss) carried forward -€3,911
down €3,911 (-17.7%), from -€22,125 to -€26,037
- Trade debts +€2,955
up €2,955 (+255.4%), from €1,157 to €4,111
- Tax, wage and social debts +€477
up €477 (+3.7%), from €12,868 to €13,345
of which Remuneration and social security: +€500
- Gross operating margin -€1,148
down €1,148 (-48.1%), from -€2,389 to -€3,538
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 | €10,500 | €10,020 | -€480 | -4.6% |
| Fixed assets | 21/28 | €850 | €850 | = | 0.0% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €9,650 | €9,170 | -€480 | -5.0% |
| Stocks and contracts in progress | 3 | €103 | €178 | +€74 | +72.1% |
| Stocks | 30/36 | €103 | €178 | +€74 | +72.1% |
| Amounts receivable within one year | 40/41 | €2,600 | - | -€2,600 | |
| Trade receivables | 40 | €2,600 | - | -€2,600 | |
| Cash at bank and in hand | 54/58 | €6,947 | €8,992 | +€2,045 | +29.4% |
| Total equity and liabilities | 10/49 | €10,500 | €10,020 | -€480 | -4.6% |
| Equity | 10/15 | -€3,525 | -€7,437 | -€3,911 | -111.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,125 | -€26,037 | -€3,911 | -17.7% |
| Amounts payable | 17/49 | €14,025 | €17,457 | +€3,431 | +24.5% |
| Amounts payable within one year | 42/48 | €14,025 | €17,457 | +€3,431 | +24.5% |
| Trade debts | 44 | €1,157 | €4,111 | +€2,955 | +255.4% |
| Suppliers | 440/4 | €1,157 | €4,111 | +€2,955 | +255.4% |
| Taxes, remuneration and social security | 45 | €12,868 | €13,345 | +€477 | +3.7% |
| Taxes | 450/3 | €962 | €939 | -€23 | -2.4% |
| Remuneration and social security | 454/9 | €11,906 | €12,406 | +€500 | +4.2% |
| Other operating charges | 640/8 | €325 | €336 | +€10 | +3.2% |
| Gross operating margin | 9900 | -€2,389 | -€3,538 | -€1,148 | -48.1% |
| Operating profit (loss) | 9901 | -€2,715 | -€3,873 | -€1,158 | -42.7% |
| Financial charges | 65/66B | €38 | €38 | = | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,753 | -€3,911 | -€1,158 | -42.1% |
| Profit (loss) for the period | 9904 | -€2,753 | -€3,911 | -€1,158 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,753 | -€3,911 | -€1,158 | -42.1% |
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 30 September 2026 via checked.be.