SELOBAT CONSTRUCT: what changed
Two fiscal 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.
SELOBAT CONSTRUCT
Largest movements
- Receivables within one year +€32,282
up €32,282 (+199.3%), from €16,194 to €48,477
of which Other amounts receivable: +€23,314
- Cash +€22,768
up €22,768 (+1349.7%), from €1,687 to €24,455
mainly Net result for the year (+€53,220) and Tax, wage and social debts (+€19,283)
- Tangible fixed assets -€4,936
down €4,936 (-26.1%), from €18,921 to €13,985
of which Furniture and vehicles: -€3,969
- Profit (loss) carried forward +€53,220
up €53,220, from -€6,969 to €46,251
- Tax, wage and social debts +€19,283
up €19,283 (+7938.8%), from €243 to €19,526
of which Taxes: +€19,422
- Trade debts -€12,721
down €12,721 (-39.1%), from €32,543 to €19,822
- Other debts -€9,563
down €9,563 (-96.8%), from €9,880 to €317
- Turnover +€254,658
new in 2024: €254,658
- Purchases and services +€157,985
new in 2024: €157,985
- Gross operating margin +€91,451
up €91,451 (+1751.3%), from €5,222 to €96,673
- Taxes +€19,422
new in 2024: €19,422
- Staff costs +€11,288
up €11,288 (+372.6%), from €3,029 to €14,317
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.
Cash bridge derived
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 | €39,802 | €89,916 | +€50,114 | +125.9% |
| Fixed assets | 21/28 | €21,921 | €16,985 | -€4,936 | -22.5% |
| Tangible fixed assets | 22/27 | €18,921 | €13,985 | -€4,936 | -26.1% |
| Plant, machinery and equipment | 23 | €4,473 | €3,506 | -€967 | -21.6% |
| Furniture and vehicles | 24 | €14,448 | €10,479 | -€3,969 | -27.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €17,881 | €72,931 | +€55,050 | +307.9% |
| Amounts receivable within one year | 40/41 | €16,194 | €48,477 | +€32,282 | +199.3% |
| Trade receivables | 40 | €15,901 | €24,870 | +€8,969 | +56.4% |
| Other amounts receivable | 41 | €293 | €23,607 | +€23,314 | +7943.6% |
| Cash at bank and in hand | 54/58 | €1,687 | €24,455 | +€22,768 | +1349.7% |
| Total equity and liabilities | 10/49 | €39,802 | €89,916 | +€50,114 | +125.9% |
| Equity | 10/15 | -€2,969 | €50,251 | +€53,220 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,969 | €46,251 | +€53,220 | |
| Amounts payable | 17/49 | €42,772 | €39,666 | -€3,106 | -7.3% |
| Amounts payable within one year | 42/48 | €42,772 | €39,666 | -€3,106 | -7.3% |
| Trade debts | 44 | €32,543 | €19,822 | -€12,721 | -39.1% |
| Suppliers | 440/4 | €32,543 | €19,822 | -€12,721 | -39.1% |
| Advances received on contracts in progress | 46 | €106 | - | -€106 | |
| Taxes, remuneration and social security | 45 | €243 | €19,526 | +€19,283 | +7938.8% |
| Taxes | 450/3 | - | €19,422 | +€19,422 | |
| Remuneration and social security | 454/9 | €243 | €104 | -€139 | -57.2% |
| Other amounts payable | 47/48 | €9,880 | €317 | -€9,563 | -96.8% |
| Turnover | 70 | - | €254,658 | +€254,658 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €157,985 | +€157,985 | |
| Remuneration, social security and pensions | 62 | €3,029 | €14,317 | +€11,288 | +372.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,915 | €7,186 | +€5,271 | +275.2% |
| Other operating charges | 640/8 | €1,004 | €694 | -€310 | -30.9% |
| Non-recurring operating charges | 66A | - | €1,175 | +€1,175 | |
| Gross operating margin | 9900 | €5,222 | €96,673 | +€91,451 | +1751.3% |
| Operating profit (loss) | 9901 | -€727 | €73,301 | +€74,028 | |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €232 | €684 | +€453 | +195.2% |
| Recurring financial charges | 65 | €232 | €684 | +€453 | +195.2% |
| Profit (loss) for the period before taxes | 9903 | -€959 | €72,642 | +€73,601 | |
| Income taxes | 67/77 | - | €19,422 | +€19,422 | |
| Profit (loss) for the period | 9904 | -€959 | €53,220 | +€54,179 | |
| Profit (loss) for the period to be appropriated | 9905 | -€959 | €53,220 | +€54,179 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.