SELIMI RENOVATION: 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.
SELIMI RENOVATION
Largest movements
- Deferred charges and accrued income +€6,206
new in 2025: €6,206
- Receivables within one year +€3,593
up €3,593 (+53.6%), from €6,698 to €10,291
of which Trade receivables: +€2,872
- Cash +€1,438
up €1,438 (+34.6%), from €4,154 to €5,593
mainly Net result for the year (+€11,338) and Tax, wage and social debts (+€1,609)
- Tangible fixed assets +€1,293
up €1,293 (+101%), from €1,274 to €2,568
of which Plant, machinery and equipment: +€1,722
- Profit (loss) carried forward +€9,672
up €9,672 (+250%), from €3,867 to €13,540
- Tax, wage and social debts +€1,609
up €1,609 (+94.3%), from €1,706 to €3,315
- Trade debts +€917
up €917 (+136%), from €674 to €1,591
- Other debts +€332
up €332 (+14.0%), from €2,380 to €2,712
- Gross operating margin +€9,629
up €9,629 (+130%), from €7,390 to €17,019
- Taxes +€1,609
up €1,609 (+114%), from €1,406 to €3,015
- Depreciation +€744
up €744 (+5,766%), from €13 to €757
- Financial charges +€439
up €439 (+42,595%), from €1 to €440
- Other operating charges +€182
up €182 (+47.0%), from €387 to €569
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 | €12,127 | €24,657 | +€12,530 | +103% |
| Fixed assets | 21/28 | €1,274 | €2,568 | +€1,293 | +101% |
| Tangible fixed assets | 22/27 | €1,274 | €2,568 | +€1,293 | +101% |
| Plant, machinery and equipment | 23 | - | €1,722 | +€1,722 | |
| Furniture and vehicles | 24 | €1,274 | €845 | -€429 | -33.7% |
| Current assets | 29/58 | €10,853 | €22,090 | +€11,237 | +104% |
| Amounts receivable within one year | 40/41 | €6,698 | €10,291 | +€3,593 | +53.6% |
| Trade receivables | 40 | €5,864 | €8,736 | +€2,872 | +49.0% |
| Other amounts receivable | 41 | €834 | €1,556 | +€721 | +86.5% |
| Cash at bank and in hand | 54/58 | €4,154 | €5,593 | +€1,438 | +34.6% |
| Deferred charges and accrued income | 490/1 | - | €6,206 | +€6,206 | |
| Total equity and liabilities | 10/49 | €12,127 | €24,657 | +€12,530 | +103% |
| Equity | 10/15 | €7,367 | €17,040 | +€9,672 | +131% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,867 | €13,540 | +€9,672 | +250% |
| Amounts payable | 17/49 | €4,760 | €7,617 | +€2,858 | +60.0% |
| Amounts payable within one year | 42/48 | €4,760 | €7,617 | +€2,858 | +60.0% |
| Trade debts | 44 | €674 | €1,591 | +€917 | +136% |
| Suppliers | 440/4 | €674 | €1,591 | +€917 | +136% |
| Taxes, remuneration and social security | 45 | €1,706 | €3,315 | +€1,609 | +94.3% |
| Taxes | 450/3 | €1,706 | €3,315 | +€1,609 | +94.3% |
| Other amounts payable | 47/48 | €2,380 | €2,712 | +€332 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13 | €757 | +€744 | +5,766% |
| Other operating charges | 640/8 | €387 | €569 | +€182 | +47.0% |
| Non-recurring operating charges | 66A | - | €900 | +€900 | |
| Gross operating margin | 9900 | €7,390 | €17,019 | +€9,629 | +130% |
| Operating profit (loss) | 9901 | €6,990 | €14,793 | +€7,803 | +112% |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.0% |
| Financial charges | 65/66B | €1 | €440 | +€439 | +42,595% |
| Recurring financial charges | 65 | €1 | €440 | +€439 | +42,595% |
| Profit (loss) for the period before taxes | 9903 | €6,992 | €14,353 | +€7,362 | +105% |
| Income taxes | 67/77 | €1,406 | €3,015 | +€1,609 | +114% |
| Profit (loss) for the period | 9904 | €5,585 | €11,338 | +€5,753 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €5,585 | €11,338 | +€5,753 | +103% |
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 1 November 2026 via checked.be.