SELENIS: 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.
SELENIS
Largest movements
- Cash +€7,050
up €7,050 (+364.9%), from €1,932 to €8,982
mainly Net result for the year (+€5,447) and Receivables within one year (+€1,653)
- Receivables within one year -€1,653
down €1,653 (-44.4%), from €3,724 to €2,071
of which Trade receivables: -€1,998
- Tangible fixed assets -€151
down €151 (-86.5%), from €174 to €24
- Profit (loss) carried forward +€4,447
up €4,447, from -€1,004 to €3,442
- Other debts +€1,001
up €1,001 (+2900.2%), from €35 to €1,035
- Tax, wage and social debts -€601
no longer reported in 2025 (was €601)
of which Taxes: -€600
- Trade debts +€400
new in 2025: €400
- Gross operating margin +€6,331
up €6,331 (+365.3%), from €1,733 to €8,064
- Depreciation -€1,787
down €1,787 (-92.2%), from €1,937 to €151
- Write-downs +€998
new in 2025: €998
- Taxes +€929
new in 2025: €929
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 | €5,831 | €11,077 | +€5,246 | +90.0% |
| Fixed assets | 21/28 | €174 | €24 | -€151 | -86.5% |
| Tangible fixed assets | 22/27 | €174 | €24 | -€151 | -86.5% |
| Furniture and vehicles | 24 | €174 | €24 | -€151 | -86.5% |
| Current assets | 29/58 | €5,656 | €11,054 | +€5,397 | +95.4% |
| Amounts receivable within one year | 40/41 | €3,724 | €2,071 | -€1,653 | -44.4% |
| Trade receivables | 40 | €1,998 | - | -€1,998 | |
| Other amounts receivable | 41 | €1,726 | €2,071 | +€345 | +20.0% |
| Cash at bank and in hand | 54/58 | €1,932 | €8,982 | +€7,050 | +364.9% |
| Total equity and liabilities | 10/49 | €5,831 | €11,077 | +€5,246 | +90.0% |
| Equity | 10/15 | €5,196 | €9,642 | +€4,447 | +85.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,004 | €3,442 | +€4,447 | |
| Amounts payable | 17/49 | €635 | €1,435 | +€800 | +125.9% |
| Amounts payable within one year | 42/48 | €635 | €1,435 | +€800 | +125.9% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €601 | - | -€601 | |
| Taxes | 450/3 | €600 | - | -€600 | |
| Remuneration and social security | 454/9 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | €35 | €1,035 | +€1,001 | +2900.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,937 | €151 | -€1,787 | -92.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €998 | +€998 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,733 | €8,064 | +€6,331 | +365.3% |
| Operating profit (loss) | 9901 | -€592 | €6,516 | +€7,107 | |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€732 | €6,376 | +€7,107 | |
| Income taxes | 67/77 | - | €929 | +€929 | |
| Profit (loss) for the period | 9904 | -€732 | €5,447 | +€6,178 | |
| Profit (loss) for the period to be appropriated | 9905 | -€732 | €5,447 | +€6,178 |
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 1 October 2026 via checked.be.