SELYA: 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.
SELYA
Largest movements
- Cash -€2,961
down €2,961 (-37.3%), from €7,929 to €4,968
mainly Net result for the year (-€6,195)
- Tangible fixed assets -€975
down €975 (-33.4%), from €2,917 to €1,942
- Deferred charges and accrued income -€232
down €232 (-4.7%), from €4,970 to €4,738
- Profit (loss) carried forward -€6,195
down €6,195, from €2,845 to -€3,350
- Tax, wage and social debts +€1,663
up €1,663 (+380.7%), from €437 to €2,100
of which Remuneration and social security: +€2,000
- Trade debts +€364
up €364 (+10.9%), from €3,344 to €3,707
- Gross operating margin -€5,919
down €5,919, from €2,069 to -€3,850
- Taxes -€247
down €247 (-60.6%), from €407 to €160
- Other operating charges +€60
up €60 (+5.7%), from €1,045 to €1,105
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 | €15,846 | €11,678 | -€4,168 | -26.3% |
| Fixed assets | 21/28 | €2,947 | €1,972 | -€975 | -33.1% |
| Tangible fixed assets | 22/27 | €2,917 | €1,942 | -€975 | -33.4% |
| Furniture and vehicles | 24 | €2,917 | €1,942 | -€975 | -33.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €12,899 | €9,706 | -€3,193 | -24.8% |
| Cash at bank and in hand | 54/58 | €7,929 | €4,968 | -€2,961 | -37.3% |
| Deferred charges and accrued income | 490/1 | €4,970 | €4,738 | -€232 | -4.7% |
| Total equity and liabilities | 10/49 | €15,846 | €11,678 | -€4,168 | -26.3% |
| Equity | 10/15 | €11,255 | €5,060 | -€6,195 | -55.0% |
| Contributions | 10/11 | €6,550 | €6,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €2,845 | -€3,350 | -€6,195 | |
| Amounts payable | 17/49 | €4,591 | €6,618 | +€2,026 | +44.1% |
| Amounts payable within one year | 42/48 | €4,591 | €6,618 | +€2,026 | +44.1% |
| Trade debts | 44 | €3,344 | €3,707 | +€364 | +10.9% |
| Suppliers | 440/4 | €3,344 | €3,707 | +€364 | +10.9% |
| Taxes, remuneration and social security | 45 | €437 | €2,100 | +€1,663 | +380.7% |
| Taxes | 450/3 | €437 | €100 | -€337 | -77.2% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €811 | €811 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €975 | = | 0.0% |
| Other operating charges | 640/8 | €1,045 | €1,105 | +€60 | +5.7% |
| Gross operating margin | 9900 | €2,069 | -€3,850 | -€5,919 | |
| Operating profit (loss) | 9901 | €49 | -€5,930 | -€5,979 | |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€55 | -€6,034 | -€5,979 | -10829.3% |
| Income taxes | 67/77 | €407 | €160 | -€247 | -60.6% |
| Profit (loss) for the period | 9904 | -€463 | -€6,195 | -€5,732 | -1239.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€463 | -€6,195 | -€5,732 | -1239.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.