SELIGO: 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.
SELIGO
Largest movements
- Cash -€64,957
down €64,957 (-94.3%), from €68,909 to €3,952
mainly Net result for the year (-€59,455) and Receivables within one year (-€15,895)
- Receivables within one year +€15,895
up €15,895 (+155.8%), from €10,203 to €26,099
of which Trade receivables: +€13,173
- Tangible fixed assets -€3,340
down €3,340 (-36.3%), from €9,199 to €5,858
- Deferred charges and accrued income -€1,735
down €1,735 (-89.8%), from €1,931 to €196
- Profit (loss) carried forward -€59,455
down €59,455, from €6,355 to -€53,101
- Other debts +€11,395
up €11,395 (+75.3%), from €15,128 to €26,524
- Trade debts -€5,077
down €5,077 (-40.8%), from €12,451 to €7,374
- Accrued charges and deferred income -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin -€15,416
down €15,416 (-40.7%), from -€37,910 to -€53,327
- Other operating charges -€686
down €686 (-59.9%), from €1,145 to €459
- Financial charges +€620
up €620 (+25.2%), from €2,464 to €3,084
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 | €90,242 | €36,105 | -€54,137 | -60.0% |
| Fixed assets | 21/28 | €9,199 | €5,858 | -€3,340 | -36.3% |
| Tangible fixed assets | 22/27 | €9,199 | €5,858 | -€3,340 | -36.3% |
| Furniture and vehicles | 24 | €9,199 | €5,858 | -€3,340 | -36.3% |
| Current assets | 29/58 | €81,043 | €30,247 | -€50,797 | -62.7% |
| Amounts receivable within one year | 40/41 | €10,203 | €26,099 | +€15,895 | +155.8% |
| Trade receivables | 40 | €8,919 | €22,092 | +€13,173 | +147.7% |
| Other amounts receivable | 41 | €1,284 | €4,007 | +€2,723 | +212.0% |
| Cash at bank and in hand | 54/58 | €68,909 | €3,952 | -€64,957 | -94.3% |
| Deferred charges and accrued income | 490/1 | €1,931 | €196 | -€1,735 | -89.8% |
| Total equity and liabilities | 10/49 | €90,242 | €36,105 | -€54,137 | -60.0% |
| Equity | 10/15 | €61,355 | €1,899 | -€59,455 | -96.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,355 | -€53,101 | -€59,455 | |
| Amounts payable | 17/49 | €28,887 | €34,205 | +€5,318 | +18.4% |
| Amounts payable within one year | 42/48 | €27,887 | €34,205 | +€6,318 | +22.7% |
| Trade debts | 44 | €12,451 | €7,374 | -€5,077 | -40.8% |
| Suppliers | 440/4 | €12,451 | €7,374 | -€5,077 | -40.8% |
| Taxes, remuneration and social security | 45 | €308 | €308 | = | 0.0% |
| Taxes | 450/3 | €308 | €308 | = | 0.0% |
| Other amounts payable | 47/48 | €15,128 | €26,524 | +€11,395 | +75.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €2,277 | +€416 | +22.3% |
| Other operating charges | 640/8 | €1,145 | €459 | -€686 | -59.9% |
| Gross operating margin | 9900 | -€37,910 | -€53,327 | -€15,416 | -40.7% |
| Operating profit (loss) | 9901 | -€40,918 | -€56,063 | -€15,146 | -37.0% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,464 | €3,084 | +€620 | +25.2% |
| Recurring financial charges | 65 | €2,464 | €3,084 | +€620 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€43,379 | -€59,148 | -€15,769 | -36.4% |
| Income taxes | 67/77 | €308 | €308 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€43,686 | -€59,455 | -€15,769 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,686 | -€59,455 | -€15,769 | -36.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.