Selleslags: 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.
Selleslags
Largest movements
- Receivables within one year +€11,183
up €11,183 (+11.2%), from €100,196 to €111,379
of which Trade receivables: +€8,193
- Tangible fixed assets -€10,615
down €10,615 (-4.6%), from €229,738 to €219,123
of which Leasing and similar rights: -€8,405
- Cash +€7,094
up €7,094 (+30.3%), from €23,448 to €30,541
mainly Depreciation (+€35,238) and Current portion of long-term debt (+€13,420)
- Financial fixed assets +€5,000
up €5,000 (+20.8%), from €24,000 to €29,000
- Current portion of long-term debt +€13,420
up €13,420 (+26.2%), from €51,233 to €64,653
- Trade debts -€9,953
no longer reported in 2024 (was €9,953)
- Other debts +€9,580
up €9,580 (+5.8%), from €164,362 to €173,942
- Debts after one year -€4,269
down €4,269 (-8.6%), from €49,521 to €45,252
- Gross operating margin -€43,328
down €43,328 (-17.4%), from €249,250 to €205,922
- Taxes -€9,829
down €9,829 (-79.5%), from €12,357 to €2,528
- Staff costs -€5,317
down €5,317 (-3.7%), from €144,539 to €139,222
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €377,382 | €390,044 | +€12,662 | +3.4% |
| Fixed assets | 21/28 | €253,738 | €248,123 | -€5,615 | -2.2% |
| Tangible fixed assets | 22/27 | €229,738 | €219,123 | -€10,615 | -4.6% |
| Land and buildings | 22 | €147,393 | €140,936 | -€6,457 | -4.4% |
| Plant, machinery and equipment | 23 | - | €2,079 | +€2,079 | |
| Furniture and vehicles | 24 | €1,245 | €239 | -€1,006 | -80.8% |
| Leasing and similar rights | 25 | €81,101 | €72,695 | -€8,405 | -10.4% |
| Other tangible fixed assets | 26 | - | €3,175 | +€3,175 | |
| Financial fixed assets | 28 | €24,000 | €29,000 | +€5,000 | +20.8% |
| Current assets | 29/58 | €123,644 | €141,920 | +€18,276 | +14.8% |
| Amounts receivable within one year | 40/41 | €100,196 | €111,379 | +€11,183 | +11.2% |
| Trade receivables | 40 | €99,318 | €107,511 | +€8,193 | +8.2% |
| Other amounts receivable | 41 | €878 | €3,868 | +€2,989 | +340% |
| Cash at bank and in hand | 54/58 | €23,448 | €30,541 | +€7,094 | +30.3% |
| Total equity and liabilities | 10/49 | €377,382 | €390,044 | +€12,662 | +3.4% |
| Equity | 10/15 | €69,593 | €72,436 | +€2,844 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,993 | €53,836 | +€2,844 | +5.6% |
| Distributable reserves | 133 | €50,993 | €53,836 | +€2,844 | +5.6% |
| Amounts payable | 17/49 | €307,789 | €317,607 | +€9,818 | +3.2% |
| Amounts payable after more than one year | 17 | €49,521 | €45,252 | -€4,269 | -8.6% |
| Financial debts | 170/4 | €49,521 | €45,252 | -€4,269 | -8.6% |
| Amounts payable within one year | 42/48 | €258,268 | €272,356 | +€14,087 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €51,233 | €64,653 | +€13,420 | +26.2% |
| Trade debts | 44 | €9,953 | - | -€9,953 | |
| Suppliers | 440/4 | €9,953 | - | -€9,953 | |
| Taxes, remuneration and social security | 45 | €32,720 | €33,760 | +€1,039 | +3.2% |
| Taxes | 450/3 | €11,530 | €8,714 | -€2,816 | -24.4% |
| Remuneration and social security | 454/9 | €21,190 | €25,045 | +€3,855 | +18.2% |
| Other amounts payable | 47/48 | €164,362 | €173,942 | +€9,580 | +5.8% |
| Remuneration, social security and pensions | 62 | €144,539 | €139,222 | -€5,317 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,570 | €35,238 | -€332 | -0.9% |
| Other operating charges | 640/8 | €21,585 | €19,430 | -€2,155 | -10.0% |
| Gross operating margin | 9900 | €249,250 | €205,922 | -€43,328 | -17.4% |
| Operating profit (loss) | 9901 | €47,556 | €12,032 | -€35,524 | -74.7% |
| Financial income | 75/76B | €1,245 | €44 | -€1,201 | -96.5% |
| Recurring financial income | 75 | €1,245 | €44 | -€1,201 | -96.5% |
| Financial charges | 65/66B | €4,229 | €6,704 | +€2,475 | +58.5% |
| Recurring financial charges | 65 | €4,229 | €6,704 | +€2,475 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €44,571 | €5,372 | -€39,200 | -87.9% |
| Income taxes | 67/77 | €12,357 | €2,528 | -€9,829 | -79.5% |
| Profit (loss) for the period | 9904 | €32,214 | €2,844 | -€29,370 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,214 | €2,844 | -€29,370 | -91.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.