Seleny: 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.
Seleny
Largest movements
- Tangible fixed assets -€15,981
down €15,981 (-3.1%), from €509,056 to €493,076
of which Land and buildings: -€13,264
- Debts after one year -€86,265
down €86,265 (-26.0%), from €332,114 to €245,848
- Reserves +€74,556
up €74,556 (+13.3%), from €559,058 to €633,613
- Gross operating margin -€9,632
down €9,632 (-6.8%), from €140,816 to €131,184
- Financial charges -€5,152
down €5,152 (-41.7%), from €12,358 to €7,206
- Depreciation -€1,940
down €1,940 (-8.5%), from €22,851 to €20,912
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 | €1,167,359 | €1,162,431 | -€4,928 | -0.4% |
| Fixed assets | 21/28 | €1,102,456 | €1,086,476 | -€15,981 | -1.4% |
| Tangible fixed assets | 22/27 | €509,056 | €493,076 | -€15,981 | -3.1% |
| Land and buildings | 22 | €496,998 | €483,734 | -€13,264 | -2.7% |
| Furniture and vehicles | 24 | €729 | €420 | -€310 | -42.5% |
| Other tangible fixed assets | 26 | €11,329 | €8,922 | -€2,407 | -21.2% |
| Financial fixed assets | 28 | €593,400 | €593,400 | = | 0.0% |
| Current assets | 29/58 | €64,903 | €75,955 | +€11,053 | +17.0% |
| Amounts receivable within one year | 40/41 | €35,468 | €35,468 | = | 0.0% |
| Trade receivables | 40 | €35,468 | €35,468 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,474 | €38,653 | +€11,179 | +40.7% |
| Deferred charges and accrued income | 490/1 | €1,961 | €1,835 | -€126 | -6.4% |
| Total equity and liabilities | 10/49 | €1,167,359 | €1,162,431 | -€4,928 | -0.4% |
| Equity | 10/15 | €717,658 | €792,213 | +€74,556 | +10.4% |
| Contributions | 10/11 | €158,600 | €158,600 | = | 0.0% |
| Reserves | 13 | €559,058 | €633,613 | +€74,556 | +13.3% |
| Distributable reserves | 133 | €559,058 | €633,613 | +€74,556 | +13.3% |
| Amounts payable | 17/49 | €449,701 | €370,218 | -€79,483 | -17.7% |
| Amounts payable after more than one year | 17 | €332,114 | €245,848 | -€86,265 | -26.0% |
| Financial debts | 170/4 | €332,114 | €245,848 | -€86,265 | -26.0% |
| Amounts payable within one year | 42/48 | €117,588 | €122,562 | +€4,975 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €37,517 | €38,265 | +€749 | +2.0% |
| Trade debts | 44 | €62,594 | €61,082 | -€1,512 | -2.4% |
| Suppliers | 440/4 | €62,594 | €61,082 | -€1,512 | -2.4% |
| Taxes, remuneration and social security | 45 | €13,939 | €16,533 | +€2,594 | +18.6% |
| Taxes | 450/3 | €13,321 | €14,983 | +€1,662 | +12.5% |
| Remuneration and social security | 454/9 | €618 | €1,550 | +€932 | +151.0% |
| Other amounts payable | 47/48 | €3,538 | €6,682 | +€3,144 | +88.9% |
| Accrued charges and deferred income | 492/3 | €0 | €1,807 | +€1,807 | |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,851 | €20,912 | -€1,940 | -8.5% |
| Other operating charges | 640/8 | €2,188 | €1,678 | -€509 | -23.3% |
| Gross operating margin | 9900 | €140,816 | €131,184 | -€9,632 | -6.8% |
| Operating profit (loss) | 9901 | €115,777 | €108,595 | -€7,183 | -6.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,358 | €7,206 | -€5,152 | -41.7% |
| Recurring financial charges | 65 | €12,358 | €7,206 | -€5,152 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €103,419 | €101,389 | -€2,030 | -2.0% |
| Income taxes | 67/77 | €27,554 | €26,833 | -€721 | -2.6% |
| Profit (loss) for the period | 9904 | €75,865 | €74,556 | -€1,309 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,865 | €74,556 | -€1,309 | -1.7% |
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 3 October 2026 via checked.be.