Selux Construction: 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.
Selux Construction
Largest movements
- Cash -€15,965
down €15,965 (-82.1%), from €19,446 to €3,481
mainly Net result for the year (-€37,090) and Accrued charges and deferred income (-€2,200)
- Receivables within one year -€11,828
down €11,828 (-11.7%), from €101,487 to €89,658
of which Trade receivables: -€19,180
- Tangible fixed assets -€5,954
down €5,954 (-60.6%), from €9,823 to €3,868
of which Furniture and vehicles: -€7,305
- Profit (loss) carried forward -€37,090
down €37,090 (-90.4%), from €41,051 to €3,961
- Trade debts +€5,168
up €5,168 (+111%), from €4,650 to €9,818
- Accrued charges and deferred income -€2,200
no longer reported in 2023 (was €2,200)
- Gross operating margin -€38,841
down €38,841, from €7,019 to -€31,822
- Depreciation -€7,219
down €7,219 (-80.1%), from €9,009 to €1,790
- Other operating charges +€1,141
up €1,141 (+499%), from €229 to €1,370
- Financial charges +€395
up €395 (+127%), from €312 to €707
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,468 | €97,008 | -€34,460 | -26.2% |
| Fixed assets | 21/28 | €9,823 | €3,868 | -€5,954 | -60.6% |
| Tangible fixed assets | 22/27 | €9,823 | €3,868 | -€5,954 | -60.6% |
| Land and buildings | 22 | - | €2,231 | +€2,231 | |
| Plant, machinery and equipment | 23 | €2,518 | €1,637 | -€881 | -35.0% |
| Furniture and vehicles | 24 | €7,305 | - | -€7,305 | |
| Current assets | 29/58 | €121,645 | €93,139 | -€28,506 | -23.4% |
| Amounts receivable within one year | 40/41 | €101,487 | €89,658 | -€11,828 | -11.7% |
| Trade receivables | 40 | €42,533 | €23,353 | -€19,180 | -45.1% |
| Other amounts receivable | 41 | €58,953 | €66,305 | +€7,352 | +12.5% |
| Cash at bank and in hand | 54/58 | €19,446 | €3,481 | -€15,965 | -82.1% |
| Deferred charges and accrued income | 490/1 | €713 | - | -€713 | |
| Total equity and liabilities | 10/49 | €131,468 | €97,008 | -€34,460 | -26.2% |
| Equity | 10/15 | €119,188 | €82,098 | -€37,090 | -31.1% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €64,937 | €64,937 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,077 | €63,077 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,051 | €3,961 | -€37,090 | -90.4% |
| Amounts payable | 17/49 | €12,280 | €14,909 | +€2,630 | +21.4% |
| Amounts payable within one year | 42/48 | €10,080 | €14,909 | +€4,830 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €531 | - | -€531 | |
| Trade debts | 44 | €4,650 | €9,818 | +€5,168 | +111% |
| Suppliers | 440/4 | €4,650 | €9,818 | +€5,168 | +111% |
| Taxes, remuneration and social security | 45 | €898 | €1,092 | +€193 | +21.5% |
| Taxes | 450/3 | €898 | €1,092 | +€193 | +21.5% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,200 | - | -€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,009 | €1,790 | -€7,219 | -80.1% |
| Other operating charges | 640/8 | €229 | €1,370 | +€1,141 | +499% |
| Non-recurring operating charges | 66A | - | €1,402 | +€1,402 | |
| Gross operating margin | 9900 | €7,019 | -€31,822 | -€38,841 | |
| Operating profit (loss) | 9901 | -€2,219 | -€36,384 | -€34,165 | -1,540% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €312 | €707 | +€395 | +127% |
| Recurring financial charges | 65 | €312 | €707 | +€395 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€2,531 | -€37,090 | -€34,559 | -1,366% |
| Profit (loss) for the period | 9904 | -€2,531 | -€37,090 | -€34,559 | -1,366% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,531 | -€37,090 | -€34,559 | -1,366% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.