SELINA VIOLA: 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.
SELINA VIOLA
Largest movements
- Receivables within one year -€17,137
down €17,137 (-75.0%), from €22,857 to €5,720
of which Other amounts receivable: -€14,421
- Cash +€10,814
up €10,814 (+21.2%), from €50,901 to €61,716
mainly Other debts (+€49,893) and Net result for the year (+€49,325)
- Tangible fixed assets +€1,233
up €1,233 (+103%), from €1,200 to €2,433
of which Furniture and vehicles: +€1,833
- Profit (loss) carried forward -€52,123
no longer reported in 2025 (was €52,123)
- Other debts +€49,893
new in 2025: €49,893
- Tax, wage and social debts -€6,790
down €6,790 (-42.4%), from €16,004 to €9,214
of which Taxes: -€5,540
- Current portion of long-term debt +€6,417
new in 2025: €6,417
- Trade debts -€2,183
down €2,183 (-67.7%), from €3,226 to €1,043
- Gross operating margin +€55,264
up €55,264 (+330%), from €16,770 to €72,034
- Taxes +€14,049
up €14,049 (+369%), from €3,805 to €17,854
- Depreciation +€2,980
up €2,980 (+226%), from €1,317 to €4,296
- Financial income -€987
down €987 (-64.6%), from €1,527 to €540
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 | €75,354 | €70,567 | -€4,787 | -6.4% |
| Fixed assets | 21/28 | €1,200 | €2,433 | +€1,233 | +103% |
| Tangible fixed assets | 22/27 | €1,200 | €2,433 | +€1,233 | +103% |
| Plant, machinery and equipment | 23 | €1,200 | €600 | -€600 | -50.0% |
| Furniture and vehicles | 24 | - | €1,833 | +€1,833 | |
| Current assets | 29/58 | €74,154 | €68,134 | -€6,020 | -8.1% |
| Amounts receivable within one year | 40/41 | €22,857 | €5,720 | -€17,137 | -75.0% |
| Trade receivables | 40 | €8,436 | €5,720 | -€2,716 | -32.2% |
| Other amounts receivable | 41 | €14,421 | - | -€14,421 | |
| Cash at bank and in hand | 54/58 | €50,901 | €61,716 | +€10,814 | +21.2% |
| Deferred charges and accrued income | 490/1 | €396 | €698 | +€302 | +76.5% |
| Total equity and liabilities | 10/49 | €75,354 | €70,567 | -€4,787 | -6.4% |
| Equity | 10/15 | €56,123 | €4,000 | -€52,123 | -92.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,123 | - | -€52,123 | |
| Amounts payable | 17/49 | €19,230 | €66,567 | +€47,336 | +246% |
| Amounts payable within one year | 42/48 | €19,230 | €66,567 | +€47,336 | +246% |
| Current portion of amounts payable after more than one year | 42 | - | €6,417 | +€6,417 | |
| Trade debts | 44 | €3,226 | €1,043 | -€2,183 | -67.7% |
| Suppliers | 440/4 | €3,226 | €1,043 | -€2,183 | -67.7% |
| Taxes, remuneration and social security | 45 | €16,004 | €9,214 | -€6,790 | -42.4% |
| Taxes | 450/3 | €13,254 | €7,714 | -€5,540 | -41.8% |
| Remuneration and social security | 454/9 | €2,750 | €1,500 | -€1,250 | -45.5% |
| Other amounts payable | 47/48 | - | €49,893 | +€49,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €4,296 | +€2,980 | +226% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €561 | - | -€561 | |
| Other operating charges | 640/8 | €966 | €742 | -€223 | -23.1% |
| Gross operating margin | 9900 | €16,770 | €72,034 | +€55,264 | +330% |
| Operating profit (loss) | 9901 | €13,927 | €66,995 | +€53,069 | +381% |
| Financial income | 75/76B | €1,527 | €540 | -€987 | -64.6% |
| Recurring financial income | 75 | €1,527 | €540 | -€987 | -64.6% |
| Financial charges | 65/66B | €229 | €356 | +€128 | +55.7% |
| Recurring financial charges | 65 | €229 | €356 | +€128 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €15,225 | €67,179 | +€51,954 | +341% |
| Income taxes | 67/77 | €3,805 | €17,854 | +€14,049 | +369% |
| Profit (loss) for the period | 9904 | €11,419 | €49,325 | +€37,905 | +332% |
| Profit (loss) for the period to be appropriated | 9905 | €11,419 | €49,325 | +€37,905 | +332% |
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 15 October 2026 via checked.be.