SELENIUM: 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.
SELENIUM
Largest movements
- Cash -€193,882
down €193,882 (-71.4%), from €271,617 to €77,735
mainly Contributions, distributions and other (-€281,955)
- Receivables within one year -€11,145
down €11,145 (-32.9%), from €33,881 to €22,736
of which Other amounts receivable: -€12,320
- Reserves -€219,550
down €219,550 (-76.5%), from €287,145 to €67,595
- Tax, wage and social debts +€6,128
up €6,128 (+64.3%), from €9,523 to €15,651
of which Taxes: +€6,121
- Profit (loss) carried forward +€5,190
no longer reported in 2025 (was -€5,190)
- Gross operating margin -€8,641
down €8,641 (-8.7%), from €99,702 to €91,061
- Taxes +€2,650
up €2,650 (+13.1%), from €20,266 to €22,916
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 | €320,495 | €115,467 | -€205,028 | -64.0% |
| Fixed assets | 21/28 | €42 | €42 | = | 0.0% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €320,453 | €115,425 | -€205,028 | -64.0% |
| Amounts receivable within one year | 40/41 | €33,881 | €22,736 | -€11,145 | -32.9% |
| Trade receivables | 40 | €21,561 | €22,736 | +€1,175 | +5.4% |
| Other amounts receivable | 41 | €12,320 | - | -€12,320 | |
| Cash at bank and in hand | 54/58 | €271,617 | €77,735 | -€193,882 | -71.4% |
| Deferred charges and accrued income | 490/1 | €14,955 | €14,954 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €320,495 | €115,467 | -€205,028 | -64.0% |
| Equity | 10/15 | €300,505 | €86,145 | -€214,360 | -71.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €287,145 | €67,595 | -€219,550 | -76.5% |
| Distributable reserves | 133 | €287,145 | €67,595 | -€219,550 | -76.5% |
| Profit (loss) carried forward | 14 | -€5,190 | - | +€5,190 | |
| Amounts payable | 17/49 | €19,990 | €29,322 | +€9,332 | +46.7% |
| Amounts payable within one year | 42/48 | €19,990 | €29,322 | +€9,332 | +46.7% |
| Trade debts | 44 | €85 | €878 | +€793 | +933% |
| Suppliers | 440/4 | €85 | €878 | +€793 | +933% |
| Taxes, remuneration and social security | 45 | €9,523 | €15,651 | +€6,128 | +64.3% |
| Taxes | 450/3 | €8,183 | €14,304 | +€6,121 | +74.8% |
| Remuneration and social security | 454/9 | €1,340 | €1,347 | +€7 | +0.5% |
| Other amounts payable | 47/48 | €10,382 | €12,793 | +€2,411 | +23.2% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €99,702 | €91,061 | -€8,641 | -8.7% |
| Operating profit (loss) | 9901 | €99,702 | €90,274 | -€9,428 | -9.5% |
| Financial income | 75/76B | €1 | €381 | +€380 | +38,000% |
| Recurring financial income | 75 | €1 | €381 | +€380 | +38,000% |
| Financial charges | 65/66B | €125 | €144 | +€19 | +15.2% |
| Recurring financial charges | 65 | €125 | €144 | +€19 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €99,578 | €90,511 | -€9,067 | -9.1% |
| Income taxes | 67/77 | €20,266 | €22,916 | +€2,650 | +13.1% |
| Profit (loss) for the period | 9904 | €79,312 | €67,595 | -€11,717 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,312 | €67,595 | -€11,717 | -14.8% |
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 14 October 2026 via checked.be.