Selleslags Technics: 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 Technics
Largest movements
- Receivables within one year -€16,009
down €16,009 (-40.6%), from €39,417 to €23,408
of which Trade receivables: -€16,488
- Cash -€12,519
down €12,519 (-10.1%), from €123,704 to €111,185
mainly Contributions, distributions and other (-€29,000) and Tax, wage and social debts (-€10,493)
- Tangible fixed assets -€5,466
down €5,466 (-34.8%), from €15,710 to €10,244
of which Furniture and vehicles: -€10,189
- Reserves -€29,000
down €29,000 (-30.5%), from €95,000 to €66,000
- Profit (loss) carried forward +€26,223
up €26,223 (+1,247%), from €2,103 to €28,326
- Tax, wage and social debts -€10,493
down €10,493 (-60.9%), from €17,238 to €6,745
- Other debts -€9,649
down €9,649 (-22.8%), from €42,248 to €32,599
- Current portion of long-term debt -€9,531
down €9,531 (-75.9%), from €12,564 to €3,033
- Gross operating margin -€24,590
down €24,590 (-34.5%), from €71,275 to €46,685
- Taxes -€5,044
down €5,044 (-41.6%), from €12,136 to €7,092
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 | €181,171 | €146,676 | -€34,495 | -19.0% |
| Fixed assets | 21/28 | €15,710 | €10,244 | -€5,466 | -34.8% |
| Tangible fixed assets | 22/27 | €15,710 | €10,244 | -€5,466 | -34.8% |
| Plant, machinery and equipment | 23 | €1,571 | €6,804 | +€5,233 | +333% |
| Furniture and vehicles | 24 | €12,712 | €2,523 | -€10,189 | -80.2% |
| Other tangible fixed assets | 26 | €1,427 | €917 | -€510 | -35.7% |
| Current assets | 29/58 | €165,461 | €136,432 | -€29,029 | -17.5% |
| Amounts receivable within one year | 40/41 | €39,417 | €23,408 | -€16,009 | -40.6% |
| Trade receivables | 40 | €37,747 | €21,259 | -€16,488 | -43.7% |
| Other amounts receivable | 41 | €1,670 | €2,149 | +€479 | +28.7% |
| Cash at bank and in hand | 54/58 | €123,704 | €111,185 | -€12,519 | -10.1% |
| Deferred charges and accrued income | 490/1 | €2,340 | €1,839 | -€500 | -21.4% |
| Total equity and liabilities | 10/49 | €181,171 | €146,676 | -€34,495 | -19.0% |
| Equity | 10/15 | €99,103 | €96,326 | -€2,777 | -2.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €95,000 | €66,000 | -€29,000 | -30.5% |
| Distributable reserves | 133 | €95,000 | €66,000 | -€29,000 | -30.5% |
| Profit (loss) carried forward | 14 | €2,103 | €28,326 | +€26,223 | +1,247% |
| Amounts payable | 17/49 | €82,068 | €50,350 | -€31,718 | -38.6% |
| Amounts payable within one year | 42/48 | €82,068 | €50,350 | -€31,718 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €12,564 | €3,033 | -€9,531 | -75.9% |
| Trade debts | 44 | €10,018 | €7,974 | -€2,044 | -20.4% |
| Suppliers | 440/4 | €10,018 | €7,974 | -€2,044 | -20.4% |
| Taxes, remuneration and social security | 45 | €17,238 | €6,745 | -€10,493 | -60.9% |
| Taxes | 450/3 | €17,238 | €6,745 | -€10,493 | -60.9% |
| Other amounts payable | 47/48 | €42,248 | €32,599 | -€9,649 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,762 | €12,608 | -€154 | -1.2% |
| Other operating charges | 640/8 | €570 | €1,150 | +€580 | +102% |
| Gross operating margin | 9900 | €71,275 | €46,685 | -€24,590 | -34.5% |
| Operating profit (loss) | 9901 | €57,942 | €32,927 | -€25,015 | -43.2% |
| Financial income | 75/76B | €232 | €791 | +€559 | +241% |
| Recurring financial income | 75 | €232 | €791 | +€559 | +241% |
| Financial charges | 65/66B | €686 | €403 | -€282 | -41.2% |
| Recurring financial charges | 65 | €686 | €403 | -€282 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €57,488 | €33,315 | -€24,174 | -42.0% |
| Income taxes | 67/77 | €12,136 | €7,092 | -€5,044 | -41.6% |
| Profit (loss) for the period | 9904 | €45,352 | €26,223 | -€19,129 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,352 | €26,223 | -€19,129 | -42.2% |
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 23 October 2026 via checked.be.