SELSCAP SERVICES: 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.
SELSCAP SERVICES
Largest movements
- Cash +€57,813
up €57,813 (+597.3%), from €9,680 to €67,493
mainly Receivables within one year (+€34,902) and Other debts (+€24,780)
- Receivables within one year -€34,902
down €34,902 (-40.6%), from €86,069 to €51,166
of which Trade receivables: -€21,084
- Tangible fixed assets -€13,982
down €13,982 (-15.8%), from €88,739 to €74,758
of which Plant, machinery and equipment: -€13,432
- Other debts +€24,780
up €24,780 (+13.5%), from €183,533 to €208,312
- Tax, wage and social debts -€16,310
down €16,310 (-34.4%), from €47,433 to €31,124
of which Remuneration and social security: -€26,338
- Contributions -€12,400
down €12,400 (-48.7%), from €25,487 to €13,087
- Profit (loss) carried forward +€11,043
up €11,043 (+7.2%), from -€153,373 to -€142,330
- Accrued charges and deferred income +€7,046
up €7,046 (+127.0%), from €5,550 to €12,596
- Turnover +€233,735
up €233,735 (+72.6%), from €322,157 to €555,892
- Purchases and services +€173,894
up €173,894 (+87.4%), from €198,932 to €372,826
- Gross operating margin +€59,925
up €59,925 (+48.6%), from €123,224 to €183,149
- Taxes +€12,980
up €12,980, from €0 to €12,980
- Staff costs +€8,895
up €8,895 (+8.2%), from €109,023 to €117,918
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 | €195,421 | €202,781 | +€7,360 | +3.8% |
| Fixed assets | 21/28 | €88,739 | €74,758 | -€13,982 | -15.8% |
| Tangible fixed assets | 22/27 | €88,739 | €74,758 | -€13,982 | -15.8% |
| Plant, machinery and equipment | 23 | €85,309 | €71,878 | -€13,432 | -15.7% |
| Other tangible fixed assets | 26 | €3,430 | €2,880 | -€550 | -16.0% |
| Current assets | 29/58 | €106,682 | €128,023 | +€21,341 | +20.0% |
| Amounts receivable within one year | 40/41 | €86,069 | €51,166 | -€34,902 | -40.6% |
| Trade receivables | 40 | €69,626 | €48,542 | -€21,084 | -30.3% |
| Other amounts receivable | 41 | €16,443 | €2,624 | -€13,819 | -84.0% |
| Cash at bank and in hand | 54/58 | €9,680 | €67,493 | +€57,813 | +597.3% |
| Deferred charges and accrued income | 490/1 | €10,933 | €9,364 | -€1,569 | -14.4% |
| Total equity and liabilities | 10/49 | €195,421 | €202,781 | +€7,360 | +3.8% |
| Equity | 10/15 | -€121,609 | -€122,966 | -€1,357 | -1.1% |
| Contributions | 10/11 | €25,487 | €13,087 | -€12,400 | -48.7% |
| Reserves | 13 | €6,277 | €6,277 | = | 0.0% |
| Distributable reserves | 133 | €6,277 | €6,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,373 | -€142,330 | +€11,043 | +7.2% |
| Amounts payable | 17/49 | €317,031 | €325,747 | +€8,716 | +2.7% |
| Amounts payable within one year | 42/48 | €311,481 | €313,151 | +€1,670 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €632 | €630 | -€2 | -0.4% |
| Trade debts | 44 | €79,882 | €73,084 | -€6,797 | -8.5% |
| Suppliers | 440/4 | €79,882 | €73,084 | -€6,797 | -8.5% |
| Taxes, remuneration and social security | 45 | €47,433 | €31,124 | -€16,310 | -34.4% |
| Taxes | 450/3 | €12,359 | €22,387 | +€10,028 | +81.1% |
| Remuneration and social security | 454/9 | €35,074 | €8,737 | -€26,338 | -75.1% |
| Other amounts payable | 47/48 | €183,533 | €208,312 | +€24,780 | +13.5% |
| Accrued charges and deferred income | 492/3 | €5,550 | €12,596 | +€7,046 | +127.0% |
| Turnover | 70 | €322,157 | €555,892 | +€233,735 | +72.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €198,932 | €372,826 | +€173,894 | +87.4% |
| Remuneration, social security and pensions | 62 | €109,023 | €117,918 | +€8,895 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,497 | €17,679 | +€1,181 | +7.2% |
| Other operating charges | 640/8 | €8,628 | €13,554 | +€4,926 | +57.1% |
| Gross operating margin | 9900 | €123,224 | €183,149 | +€59,925 | +48.6% |
| Operating profit (loss) | 9901 | -€10,924 | €33,999 | +€44,923 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -93.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -93.6% |
| Financial charges | 65/66B | €6,584 | €9,976 | +€3,392 | +51.5% |
| Recurring financial charges | 65 | €6,584 | €9,976 | +€3,392 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,507 | €24,023 | +€41,530 | |
| Income taxes | 67/77 | €0 | €12,980 | +€12,980 | |
| Profit (loss) for the period | 9904 | -€17,507 | €11,043 | +€28,550 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,507 | €11,043 | +€28,550 |
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 4 October 2026 via checked.be.