SELLITS: 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.
SELLITS
Largest movements
- Receivables within one year +€25,031
up €25,031 (+24.3%), from €103,152 to €128,183
- Tangible fixed assets +€10,900
up €10,900 (+1,219%), from €894 to €11,794
of which Furniture and vehicles: +€11,124
- Cash +€9,049
up €9,049 (+178%), from €5,076 to €14,125
mainly Net result for the year (+€28,546) and Debts after one year (+€12,984)
- Reserves +€16,000
up €16,000 (+23.3%), from €68,817 to €84,817
- Debts after one year +€12,984
new in 2025: €12,984
- Accrued charges and deferred income +€12,000
up €12,000 (+120%), from €10,000 to €22,000
- Current portion of long-term debt +€5,024
up €5,024 (+52.1%), from €9,645 to €14,669
- Gross operating margin +€9,440
up €9,440 (+24.0%), from €39,270 to €48,710
- Depreciation +€6,776
up €6,776 (+445%), from €1,521 to €8,297
- Taxes +€799
up €799 (+8.3%), from €9,569 to €10,368
- Financial charges -€494
down €494 (-29.2%), from €1,691 to €1,197
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 | €109,122 | €154,102 | +€44,980 | +41.2% |
| Fixed assets | 21/28 | €894 | €11,794 | +€10,900 | +1,219% |
| Tangible fixed assets | 22/27 | €894 | €11,794 | +€10,900 | +1,219% |
| Furniture and vehicles | 24 | - | €11,124 | +€11,124 | |
| Other tangible fixed assets | 26 | €894 | €670 | -€224 | -25.1% |
| Current assets | 29/58 | €108,228 | €142,308 | +€34,080 | +31.5% |
| Amounts receivable within one year | 40/41 | €103,152 | €128,183 | +€25,031 | +24.3% |
| Other amounts receivable | 41 | €103,152 | €128,183 | +€25,031 | +24.3% |
| Cash at bank and in hand | 54/58 | €5,076 | €14,125 | +€9,049 | +178% |
| Total equity and liabilities | 10/49 | €109,122 | €154,102 | +€44,980 | +41.2% |
| Equity | 10/15 | €69,911 | €85,957 | +€16,046 | +23.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68,817 | €84,817 | +€16,000 | +23.3% |
| Distributable reserves | 133 | €68,817 | €84,817 | +€16,000 | +23.3% |
| Profit (loss) carried forward | 14 | €94 | €140 | +€46 | +48.9% |
| Amounts payable | 17/49 | €39,211 | €68,145 | +€28,934 | +73.8% |
| Amounts payable after more than one year | 17 | - | €12,984 | +€12,984 | |
| Financial debts | 170/4 | - | €12,984 | +€12,984 | |
| Amounts payable within one year | 42/48 | €29,211 | €33,161 | +€3,950 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €9,645 | €14,669 | +€5,024 | +52.1% |
| Trade debts | 44 | €5,082 | €4,056 | -€1,026 | -20.2% |
| Suppliers | 440/4 | €5,082 | €4,056 | -€1,026 | -20.2% |
| Taxes, remuneration and social security | 45 | €1,984 | €1,936 | -€48 | -2.4% |
| Taxes | 450/3 | €1,984 | €1,936 | -€48 | -2.4% |
| Other amounts payable | 47/48 | €12,500 | €12,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,000 | €22,000 | +€12,000 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,521 | €8,297 | +€6,776 | +445% |
| Other operating charges | 640/8 | €222 | €302 | +€80 | +36.0% |
| Gross operating margin | 9900 | €39,270 | €48,710 | +€9,440 | +24.0% |
| Operating profit (loss) | 9901 | €37,527 | €40,111 | +€2,584 | +6.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,691 | €1,197 | -€494 | -29.2% |
| Recurring financial charges | 65 | €1,691 | €1,197 | -€494 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €35,837 | €38,914 | +€3,077 | +8.6% |
| Income taxes | 67/77 | €9,569 | €10,368 | +€799 | +8.3% |
| Profit (loss) for the period | 9904 | €26,268 | €28,546 | +€2,278 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,268 | €28,546 | +€2,278 | +8.7% |
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 14 October 2026 via checked.be.