Seléos Solutions: 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.
Seléos Solutions
Largest movements
- Tangible fixed assets -€25,421
down €25,421 (-7.8%), from €326,559 to €301,138
of which Land and buildings: -€18,882
- Receivables within one year -€12,550
down €12,550 (-17.1%), from €73,427 to €60,877
of which Other amounts receivable: -€12,126
- Short-term financial debts -€65,000
down €65,000 (-73.8%), from €88,054 to €23,054
- Debts after one year +€32,284
up €32,284 (+15.3%), from €210,689 to €242,973
- Gross operating margin +€57,778
up €57,778, from -€28,932 to €28,846
- Depreciation -€992
down €992 (-3.8%), from €26,413 to €25,421
- Financial charges -€694
down €694 (-6.2%), from €11,155 to €10,462
- Financial income -€637
down €637 (-13.4%), from €4,740 to €4,103
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 | €501,976 | €461,757 | -€40,220 | -8.0% |
| Fixed assets | 21/28 | €326,559 | €301,138 | -€25,421 | -7.8% |
| Tangible fixed assets | 22/27 | €326,559 | €301,138 | -€25,421 | -7.8% |
| Land and buildings | 22 | €311,610 | €292,728 | -€18,882 | -6.1% |
| Plant, machinery and equipment | 23 | €245 | €30 | -€215 | -87.7% |
| Furniture and vehicles | 24 | €14,432 | €8,380 | -€6,052 | -41.9% |
| Other tangible fixed assets | 26 | €273 | €0 | -€273 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €175,417 | €160,619 | -€14,799 | -8.4% |
| Amounts receivable after more than one year | 29 | €86,441 | €82,026 | -€4,415 | -5.1% |
| Other amounts receivable | 291 | €86,441 | €82,026 | -€4,415 | -5.1% |
| Amounts receivable within one year | 40/41 | €73,427 | €60,877 | -€12,550 | -17.1% |
| Trade receivables | 40 | €12,390 | €11,967 | -€424 | -3.4% |
| Other amounts receivable | 41 | €61,036 | €48,910 | -€12,126 | -19.9% |
| Cash at bank and in hand | 54/58 | €14,192 | €16,433 | +€2,241 | +15.8% |
| Deferred charges and accrued income | 490/1 | €1,358 | €1,283 | -€75 | -5.5% |
| Total equity and liabilities | 10/49 | €501,976 | €461,757 | -€40,220 | -8.0% |
| Equity | 10/15 | €172,715 | €168,540 | -€4,175 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €166,515 | €162,340 | -€4,175 | -2.5% |
| Tax-exempt reserves | 132 | €12,827 | €12,827 | = | 0.0% |
| Distributable reserves | 133 | €153,688 | €149,512 | -€4,175 | -2.7% |
| Amounts payable | 17/49 | €329,262 | €293,217 | -€36,044 | -10.9% |
| Amounts payable after more than one year | 17 | €210,689 | €242,973 | +€32,284 | +15.3% |
| Financial debts | 170/4 | €210,689 | €242,973 | +€32,284 | +15.3% |
| Amounts payable within one year | 42/48 | €118,162 | €50,244 | -€67,918 | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €25,366 | €24,704 | -€662 | -2.6% |
| Financial debts | 43 | €88,054 | €23,054 | -€65,000 | -73.8% |
| Credit institutions | 430/8 | €88,054 | €23,054 | -€65,000 | -73.8% |
| Trade debts | 44 | €1,643 | €1,847 | +€204 | +12.4% |
| Suppliers | 440/4 | €1,643 | €1,847 | +€204 | +12.4% |
| Taxes, remuneration and social security | 45 | €3,098 | €639 | -€2,460 | -79.4% |
| Taxes | 450/3 | €3,098 | €639 | -€2,460 | -79.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €411 | €0 | -€411 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,413 | €25,421 | -€992 | -3.8% |
| Other operating charges | 640/8 | €1,135 | €1,077 | -€57 | -5.1% |
| Gross operating margin | 9900 | -€28,932 | €28,846 | +€57,778 | |
| Operating profit (loss) | 9901 | -€56,481 | €2,348 | +€58,828 | |
| Financial income | 75/76B | €4,740 | €4,103 | -€637 | -13.4% |
| Recurring financial income | 75 | €4,740 | €4,103 | -€637 | -13.4% |
| Financial charges | 65/66B | €11,155 | €10,462 | -€694 | -6.2% |
| Recurring financial charges | 65 | €11,155 | €10,462 | -€694 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€62,896 | -€4,011 | +€58,885 | +93.6% |
| Income taxes | 67/77 | €180 | €164 | -€16 | -8.6% |
| Profit (loss) for the period | 9904 | -€63,076 | -€4,175 | +€58,900 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,076 | -€4,175 | +€58,900 | +93.4% |
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 10 October 2026 via checked.be.