SELIMIYE: 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.
SELIMIYE
Largest movements
- Receivables within one year +€16,142
up €16,142 (+166%), from €9,745 to €25,887
of which Other amounts receivable: +€9,052
- Stocks and contracts -€12,140
down €12,140 (-70.6%), from €17,189 to €5,049
- Tangible fixed assets -€12,137
down €12,137 (-63.9%), from €18,998 to €6,861
of which Furniture and vehicles: -€9,157
- Cash +€9,474
up €9,474 (+88.5%), from €10,708 to €20,182
mainly Stocks and contracts (+€12,140) and Depreciation (+€12,137)
- Trade debts +€759
up €759 (+31.9%), from €2,380 to €3,140
- Staff costs -€15,242
down €15,242 (-10.0%), from €152,051 to €136,809
- Gross operating margin -€11,084
down €11,084 (-6.6%), from €167,846 to €156,763
- Depreciation +€10,287
up €10,287 (+556%), from €1,850 to €12,137
- Taxes +€3,689
up €3,689 (+303%), from €1,217 to €4,905
- Other operating charges -€2,764
down €2,764 (-64.1%), from €4,311 to €1,547
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 | €59,760 | €61,099 | +€1,339 | +2.2% |
| Fixed assets | 21/28 | €22,118 | €9,981 | -€12,137 | -54.9% |
| Tangible fixed assets | 22/27 | €18,998 | €6,861 | -€12,137 | -63.9% |
| Furniture and vehicles | 24 | €16,018 | €6,861 | -€9,157 | -57.2% |
| Leasing and similar rights | 25 | €2,980 | - | -€2,980 | |
| Financial fixed assets | 28 | €3,120 | €3,120 | = | 0.0% |
| Current assets | 29/58 | €37,642 | €51,118 | +€13,476 | +35.8% |
| Stocks and contracts in progress | 3 | €17,189 | €5,049 | -€12,140 | -70.6% |
| Stocks | 30/36 | €17,189 | €5,049 | -€12,140 | -70.6% |
| Amounts receivable within one year | 40/41 | €9,745 | €25,887 | +€16,142 | +166% |
| Trade receivables | 40 | - | €7,091 | +€7,091 | |
| Other amounts receivable | 41 | €9,745 | €18,796 | +€9,052 | +92.9% |
| Cash at bank and in hand | 54/58 | €10,708 | €20,182 | +€9,474 | +88.5% |
| Total equity and liabilities | 10/49 | €59,760 | €61,099 | +€1,339 | +2.2% |
| Equity | 10/15 | €48,627 | €49,207 | +€580 | +1.2% |
| Contributions | 10/11 | €12,560 | €12,560 | = | 0.0% |
| Contributions outside capital | 11 | €12,560 | €12,560 | = | 0.0% |
| Other | 1109/19 | €12,560 | €12,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,067 | €36,647 | +€580 | +1.6% |
| Amounts payable | 17/49 | €11,133 | €11,892 | +€759 | +6.8% |
| Amounts payable after more than one year | 17 | €8,753 | €8,753 | = | 0.0% |
| Financial debts | 170/4 | €8,753 | €8,753 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,380 | €3,140 | +€759 | +31.9% |
| Trade debts | 44 | €2,380 | €3,140 | +€759 | +31.9% |
| Suppliers | 440/4 | €2,380 | €3,140 | +€759 | +31.9% |
| Remuneration, social security and pensions | 62 | €152,051 | €136,809 | -€15,242 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,850 | €12,137 | +€10,287 | +556% |
| Other operating charges | 640/8 | €4,311 | €1,547 | -€2,764 | -64.1% |
| Gross operating margin | 9900 | €167,846 | €156,763 | -€11,084 | -6.6% |
| Operating profit (loss) | 9901 | €9,635 | €6,269 | -€3,365 | -34.9% |
| Financial charges | 65/66B | €1,281 | €784 | -€497 | -38.8% |
| Recurring financial charges | 65 | €1,281 | €784 | -€497 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €8,353 | €5,485 | -€2,868 | -34.3% |
| Income taxes | 67/77 | €1,217 | €4,905 | +€3,689 | +303% |
| Profit (loss) for the period | 9904 | €7,136 | €580 | -€6,557 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,136 | €580 | -€6,557 | -91.9% |
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 13 October 2026 via checked.be.