SELVIN: 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.
SELVIN
Largest movements
- Cash -€1,458
down €1,458 (-73.4%), from €1,986 to €528
mainly Net result for the year (-€5,076) and Stocks and contracts (-€687)
- Stocks and contracts +€687
up €687 (+21.7%), from €3,168 to €3,855
- Deferred charges and accrued income -€68
down €68 (-48.7%), from €140 to €72
- Profit (loss) carried forward -€5,076
down €5,076 (-9.3%), from -€54,490 to -€59,566
- Other debts +€4,263
up €4,263 (+10.5%), from €40,746 to €45,009
- Tax, wage and social debts -€61
down €61 (-21.6%), from €285 to €224
- Gross operating margin -€2,557
down €2,557 (-148.2%), from -€1,726 to -€4,284
- Financial charges -€87
down €87 (-18.4%), from €472 to €385
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.
Cash bridge derived
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 | €5,294 | €4,455 | -€839 | -15.9% |
| Current assets | 29/58 | €5,294 | €4,455 | -€839 | -15.9% |
| Stocks and contracts in progress | 3 | €3,168 | €3,855 | +€687 | +21.7% |
| Stocks | 30/36 | €3,168 | €3,855 | +€687 | +21.7% |
| Cash at bank and in hand | 54/58 | €1,986 | €528 | -€1,458 | -73.4% |
| Deferred charges and accrued income | 490/1 | €140 | €72 | -€68 | -48.7% |
| Total equity and liabilities | 10/49 | €5,294 | €4,455 | -€839 | -15.9% |
| Equity | 10/15 | -€35,890 | -€40,966 | -€5,076 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,490 | -€59,566 | -€5,076 | -9.3% |
| Amounts payable | 17/49 | €41,184 | €45,421 | +€4,237 | +10.3% |
| Amounts payable within one year | 42/48 | €41,184 | €45,421 | +€4,237 | +10.3% |
| Trade debts | 44 | €152 | €188 | +€36 | +23.4% |
| Suppliers | 440/4 | €152 | €188 | +€36 | +23.4% |
| Taxes, remuneration and social security | 45 | €285 | €224 | -€61 | -21.6% |
| Taxes | 450/3 | €285 | €224 | -€61 | -21.6% |
| Other amounts payable | 47/48 | €40,746 | €45,009 | +€4,263 | +10.5% |
| Other operating charges | 640/8 | €384 | €408 | +€23 | +6.0% |
| Gross operating margin | 9900 | -€1,726 | -€4,284 | -€2,557 | -148.2% |
| Operating profit (loss) | 9901 | -€2,111 | -€4,691 | -€2,581 | -122.3% |
| Financial charges | 65/66B | €472 | €385 | -€87 | -18.4% |
| Recurring financial charges | 65 | €472 | €385 | -€87 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,583 | -€5,076 | -€2,494 | -96.6% |
| Profit (loss) for the period | 9904 | -€2,583 | -€5,076 | -€2,494 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,583 | -€5,076 | -€2,494 | -96.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.