SELINE: 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.
SELINE
Largest movements
- Cash +€5,933
up €5,933 (+65.3%), from €9,084 to €15,017
mainly Stocks and contracts (+€4,500) and Net result for the year (+€1,060)
- Stocks and contracts -€4,500
down €4,500 (-16.5%), from €27,346 to €22,846
- Profit (loss) carried forward +€1,060
up €1,060 (+7.0%), from €15,244 to €16,304
- Other operating charges -€413
down €413 (-62.9%), from €658 to €244
- Gross operating margin -€384
down €384 (-22.1%), from €1,736 to €1,352
- Financial charges -€146
down €146 (-75.5%), from €194 to €48
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 | €36,520 | €37,953 | +€1,433 | +3.9% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €36,430 | €37,863 | +€1,433 | +3.9% |
| Stocks and contracts in progress | 3 | €27,346 | €22,846 | -€4,500 | -16.5% |
| Stocks | 30/36 | €27,346 | €22,846 | -€4,500 | -16.5% |
| Cash at bank and in hand | 54/58 | €9,084 | €15,017 | +€5,933 | +65.3% |
| Total equity and liabilities | 10/49 | €36,520 | €37,953 | +€1,433 | +3.9% |
| Equity | 10/15 | €34,854 | €35,914 | +€1,060 | +3.0% |
| Contributions | 10/11 | €17,750 | €17,750 | = | 0.0% |
| Contributions outside capital | 11 | €17,750 | €17,750 | = | 0.0% |
| Other | 1109/19 | €17,750 | €17,750 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,244 | €16,304 | +€1,060 | +7.0% |
| Amounts payable | 17/49 | €1,666 | €2,039 | +€373 | +22.4% |
| Amounts payable within one year | 42/48 | €1,666 | €2,039 | +€373 | +22.4% |
| Taxes, remuneration and social security | 45 | €1,666 | €2,039 | +€373 | +22.4% |
| Taxes | 450/3 | €1,666 | €2,039 | +€373 | +22.4% |
| Other operating charges | 640/8 | €658 | €244 | -€413 | -62.9% |
| Gross operating margin | 9900 | €1,736 | €1,352 | -€384 | -22.1% |
| Operating profit (loss) | 9901 | €1,078 | €1,107 | +€29 | +2.7% |
| Financial charges | 65/66B | €194 | €48 | -€146 | -75.5% |
| Recurring financial charges | 65 | €194 | €48 | -€146 | -75.5% |
| Profit (loss) for the period before taxes | 9903 | €885 | €1,060 | +€175 | +19.8% |
| Profit (loss) for the period | 9904 | €885 | €1,060 | +€175 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €885 | €1,060 | +€175 | +19.8% |
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 9 October 2026 via checked.be.