SLAETS (0404.989.054): financials and annual accounts

SLAETS

Antwerp ·KBO/BCE: BE 0404.989.054

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	11.9m	11.6m	12.5m	12.5m	11.3m	8.1m	8.2m	8.0m	8.7m	8.8m	9.2m	8.6m	7.0m	7.4m	7.0m	6.2m	6.5m	6.0m	5.7m	5.5m
Formation expenses`20`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Fixed assets`21/28`	2.7m	3.0m	3.9m	4.3m	4.1m	1.2m	1.2m	1.3m	1.4m	1.4m	1.6m	1.6m	174,945	229,674	594,382	655,393	530,689	602,601	422,327	503,138
Intangible fixed assets`21`	-	-	-	-	-	-	-	0	0	5,000	10,000	25,000	40,000	55,000	70,000	85,000	100,000	115,000	80,000	90,000
Tangible fixed assets`22/27`	2.7m	3.0m	3.9m	4.3m	4.1m	1.2m	1.2m	1.3m	1.4m	1.4m	1.5m	1.6m	130,899	170,645	520,374	566,694	427,262	484,173	338,900	409,861
Land and buildings`22`	-	0	780,223	944,619	1.0m	1.1m	1.2m	1.3m	1.3m	1.3m	1.4m	1.5m	99,226	126,243	463,739	497,006	328,010	374,438	276,530	352,546
Plant, machinery and equipment`23`	11,325	17,276	15,166	17,694	6,010	10,880	19,434	30,175	19,772	21,902	17,973	13,304	13,172	17,708	29,983	40,972	54,674	48,029	13,475	16,954
Furniture and vehicles`24`	36,264	60,911	85,564	108,493	22,960	964	5,813	12,336	78,339	59,102	87,961	10,535	18,502	26,694	26,652	28,716	44,579	61,706	48,895	40,360
Other tangible fixed assets`26`	2.6m	2.9m	3.0m	3.2m	3.1m	104,461	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Financial fixed assets`28`	11,446	11,446	11,446	11,446	11,446	4,646	5,096	5,096	5,096	4,346	4,096	4,046	4,046	4,029	4,008	3,699	3,427	3,427	3,427	3,277
Other financial fixed assets`284/8`	11,446	11,446	11,446	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable and cash guarantees`285/8`	11,446	11,446	11,446	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	9.2m	8.6m	8.6m	8.2m	7.1m	6.9m	7.0m	6.7m	7.3m	7.4m	7.6m	7.0m	6.8m	7.2m	6.4m	5.6m	6.0m	5.4m	5.3m	5.0m
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-
Trade receivables`290`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Other amounts receivable`291`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Stocks and contracts in progress`3`	8.1m	8.1m	8.0m	7.5m	6.5m	6.2m	6.3m	5.9m	6.3m	6.6m	7.0m	6.4m	5.7m	6.2m	5.3m	5.1m	5.1m	4.7m	4.1m	3.9m
Stocks`30/36`	8.1m	8.1m	8.0m	7.5m	6.5m	6.2m	6.3m	5.9m	6.3m	6.6m	7.0m	6.4m	5.7m	6.2m	5.3m	5.1m	5.1m	4.7m	4.1m	3.9m
Goods purchased for resale`34`	8.1m	8.1m	8.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contracts in progress`37`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Amounts receivable within one year`40/41`	388,663	285,804	271,826	114,761	212,456	38,730	134,789	110,134	251,440	213,570	283,453	322,006	211,360	185,340	582,921	130,671	683,973	673,837	871,682	788,284
Trade receivables`40`	26,550	22,192	182,835	110,553	117,176	38,010	134,070	99,366	222,627	192,542	268,271	307,951	201,292	171,379	160,417	62,320	70,503	65,144	19,784	24,296
Other amounts receivable`41`	362,113	263,612	88,991	4,208	95,280	719	719	10,768	28,814	21,027	15,182	14,055	10,068	13,961	422,504	68,351	613,470	608,693	851,899	763,988
Current investments`50/53`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Cash at bank and in hand`54/58`	543,166	168,994	277,540	518,490	340,357	656,861	474,143	536,135	631,449	478,352	251,060	221,639	386,992	794,882	424,054	296,234	146,866	96,269	365,438	314,449
Deferred charges and accrued income`490/1`	89,670	28,518	42,565	61,056	46,807	46,362	96,708	214,060	52,202	55,738	79,350	69,609	550,674	13,528	14,384	44,415	10,182	5,393	12,115	6,853
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	11.9m	11.6m	12.5m	12.5m	11.3m	8.1m	8.2m	8.0m	8.7m	8.8m	9.2m	8.6m	7.0m	7.4m	7.0m	6.2m	6.5m	6.0m	5.7m	5.5m
Equity`10/15`	7.5m	7.3m	6.9m	6.2m	5.5m	4.7m	4.7m	4.3m	4.2m	4.2m	4.3m	4.0m	4.0m	4.1m	3.1m	2.9m	2.8m	2.6m	2.5m	2.2m
Contributions`10/11`	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947
Capital`10`	123,947	123,947	123,947	123,947	123,947	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947
Uncalled capital`101`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Contributions outside capital`11`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Share premium`1100/10`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Revaluation surpluses`12`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Reserves`13`	7.3m	7.2m	6.8m	6.1m	5.4m	4.6m	4.6m	4.1m	4.1m	4.1m	4.2m	3.9m	3.8m	3.9m	3.0m	2.8m	2.7m	2.5m	2.3m	2.1m
Non-distributable reserves`130/1`	12,395	12,395	12,395	12,395	12,395	12,395	-	-	-	-	-	-	0	0	0	0	0	0	0	-
Legal reserve`130`	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395
Own shares acquired`1312`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Other`1319`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Tax-exempt reserves`132`	-	0	461,941	507,948	553,999	600,165	617,834	661,783	651,252	692,448	733,645	774,842	815,475	815,475	0	0	0	0	0	-
Distributable reserves`133`	7.3m	7.2m	6.3m	5.6m	4.8m	4.0m	3.9m	3.5m	3.4m	3.4m	3.4m	3.1m	3.0m	3.1m	3.0m	2.7m	2.7m	2.5m	2.3m	2.1m
Profit (loss) carried forward`14`	-	-	-	0	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Investment grants`15`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-
Provisions and deferred taxes`16`	-	0	153,980	169,316	184,666	200,055	243,942	262,403	335,344	356,557	377,770	398,983	419,906	419,906	0	0	0	0	0	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Pensions and similar obligations`160`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Taxes`161`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Major repairs and maintenance`162`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	-	0	153,980	169,316	184,666	200,055	243,942	262,403	335,344	356,557	377,770	398,983	419,906	419,906	0	0	0	0	0	-
Amounts payable`17/49`	4.4m	4.3m	5.5m	6.1m	5.5m	3.2m	3.3m	3.5m	4.1m	4.3m	4.5m	4.2m	2.6m	2.9m	3.8m	3.3m	3.7m	3.4m	3.3m	3.2m
Amounts payable after more than one year`17`	1.2m	1.3m	2.1m	2.3m	2.2m	870,404	924,373	1.1m	1.2m	1.3m	1.4m	1.3m	77,618	176,743	310,163	439,313	564,436	685,759	308,330	366,188
Financial debts`170/4`	1.2m	1.3m	2.1m	2.3m	2.2m	870,404	924,373	1.1m	1.2m	1.3m	1.4m	1.3m	77,618	176,743	310,163	439,313	564,436	685,759	308,330	366,188
Credit institutions`173`	1.2m	1.3m	2.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`175`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Amounts payable within one year`42/48`	3.0m	2.7m	3.2m	3.5m	3.1m	2.2m	2.3m	2.4m	2.9m	2.9m	3.1m	2.8m	2.5m	2.8m	3.5m	2.9m	3.1m	2.7m	3.0m	2.9m
Current portion of amounts payable after more than one year`42`	158,469	154,637	257,707	374,882	210,591	125,496	141,798	136,871	132,127	127,560	109,129	151,964	99,124	133,420	129,151	125,123	121,322	117,737	57,858	57,858
Financial debts`43`	-	0	262,296	0	197,305	-	-	-	-	492,073	740,000	600,000	350,000	0	915,060	1.2m	979,346	788,874	1.0m	800,000
Credit institutions`430/8`	-	0	262,296	0	197,305	-	-	0	0	492,073	740,000	600,000	350,000	0	915,060	1.2m	979,346	788,874	1.0m	800,000
Other loans`439`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Trade debts`44`	1.8m	1.5m	1.6m	2.1m	1.6m	839,265	993,185	834,733	1.2m	1.2m	898,652	1.1m	1.2m	1.9m	1.9m	1.2m	1.3m	1.2m	1.2m	1.5m
Suppliers`440/4`	1.8m	1.5m	1.6m	2.1m	1.6m	839,265	993,185	834,733	1.2m	1.2m	898,652	1.1m	1.2m	1.9m	1.9m	1.2m	1.3m	1.2m	1.2m	1.5m
Bills of exchange payable`441`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Advances received on contracts in progress`46`	410,054	262,183	162,906	141,182	193,619	154,521	191,502	125,541	278,056	49,734	123,819	155,787	129,386	120,631	50,059	24,986	0	0	0	-
Taxes, remuneration and social security`45`	219,559	275,911	260,909	373,914	301,004	292,983	204,060	251,150	265,525	159,037	349,839	226,053	197,293	158,506	286,190	118,200	103,826	214,113	189,723	126,950
Taxes`450/3`	65,625	113,536	112,798	228,678	141,279	208,294	91,076	126,261	105,200	33,720	210,011	82,367	68,879	47,236	192,051	34,882	21,698	131,487	95,372	51,895
Remuneration and social security`454/9`	153,934	162,376	148,111	145,237	159,725	84,688	112,984	124,889	160,325	125,316	139,828	143,685	128,413	111,270	94,139	83,318	82,127	82,626	94,351	75,055
Other amounts payable`47/48`	471,017	506,350	624,873	521,138	601,101	763,634	802,170	1.1m	1.0m	888,064	889,426	577,709	528,310	486,104	240,486	181,612	595,318	427,198	449,378	408,724
Accrued charges and deferred income`492/3`	216,059	235,863	245,193	271,224	286,915	167,528	10,912	10,412	16,226	24,339	3,961	3,541	3,979	4,078	5,802	10,098	17,486	17,812	1,221	-
Income statement
Operating income`70/76A`	14.8m	14.2m	15.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Turnover`70`	14.7m	13.9m	15.0m	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	-
Other operating income`74`	22,182	79,148	75,856	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring operating income`76A`	0	189,140	-	-	0	21,750	-	0	0	0	0	413	0	1.2m	1,488	0	0	0	1,500	-
Gross operating margin`9900`	-	-	-	2.9m	1.9m	1.5m	1.8m	1.3m	1.6m	1.2m	1.9m	1.4m	1.2m	1.5m	1.6m	1.1m	1.2m	1.1m	1.2m	1.1m
Operating charges`60/66A`	14.3m	13.3m	13.8m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	-
Goods for resale, raw materials and consumables`60`	10.0m	9.1m	9.8m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases`600/8`	10.3m	9.5m	10.3m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in stocks: decrease (increase)`609`	-266,062	-395,442	-527,893	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services and other goods`61`	2.3m	2.2m	2.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	1.3m	1.3m	1.2m	1.1m	1.0m	746,166	899,871	949,732	968,387	978,916	967,088	938,014	932,191	905,891	890,726	766,852	763,522	697,512	696,991	642,483
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	305,539	301,300	452,486	351,105	201,043	155,577	106,760	137,760	163,210	152,052	189,364	121,495	54,746	70,672	82,931	85,526	94,277	94,019	117,239	158,172
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	243,519	256,197	112,978	30,951	-475,304	74,830	63,749	29,333	108,608	25,158	46,680	100,396	135,703	107,600	109,034	63,225	73,230	62,195	24,069	254,171
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Other operating charges`640/8`	108,603	95,518	96,148	108,251	110,932	86,053	61,161	61,206	55,184	51,401	53,969	45,485	36,581	41,466	44,528	43,378	32,719	32,381	39,185	27,618
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Non-recurring operating charges`66A`	28,373	17,216	-	-	-	-	-	0	0	0	276	0	0	4,429	0	0	0	4,165	0	-
Operating profit (loss)`9901`	416,537	869,799	1.3m	1.3m	1.0m	405,920	650,140	151,294	262,608	40,727	680,361	227,257	4,670	352,138	509,674	140,603	259,511	199,103	289,317	27,808
Financial income`75/76B`	798	1,583	483	1,912	22,499	6,124	5,151	10,335	19,833	18,229	12,522	11,960	10,257	19,608	35,007	63,009	92,618	91,408	72,399	79,523
Recurring financial income`75`	72	1,583	483	1,912	22,499	6,124	5,151	10,335	19,833	18,229	12,522	11,960	10,257	19,608	35,007	63,009	92,618	91,408	72,399	79,523
Income from current assets`751`	0	1,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financial income`752/9`	72	0	483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring financial income`76B`	726	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	182,055	269,450	228,120	230,694	188,968	161,022	175,271	183,262	180,121	185,036	210,767	192,388	110,885	128,338	128,861	128,742	125,171	142,993	144,606	100,728
Recurring financial charges`65`	182,055	269,450	228,120	230,694	188,968	161,022	175,271	183,262	180,121	185,036	210,767	192,388	110,885	128,338	128,861	128,742	125,171	142,993	144,606	100,728
Debt charges`650`	58,668	74,732	86,717	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financial charges`652/9`	123,387	194,718	141,403	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	235,280	601,931	1.0m	1.1m	857,743	251,022	480,020	-21,633	102,320	-126,080	481,840	47,242	-95,958	1.5m	417,308	74,870	226,958	143,353	218,610	6,604
Transfer from deferred taxes`780`	0	153,980	15,336	15,350	15,389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	90,062	324,038	265,333	268,694	36,294	186,922	75,154	19,698	17,000	48	145,000	0	5,541	35,990	91,990	5,322	24,750	0	1	-3
Taxes`670/3`	91,000	324,038	265,333	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax adjustments and reversals of tax provisions`77`	938	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	145,218	431,873	799,460	840,707	836,837	79,489	423,327	-22,870	106,533	-104,915	358,053	68,165	-101,498	1.0m	325,318	69,548	202,208	143,353	218,609	6,607
Transfer from tax-exempt reserves`789`	0	461,941	46,007	46,050	46,167	46,167	43,949	43,949	41,197	41,197	41,197	40,633	0	0	0	0	0	0	0	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	0	0	0	0	0	0	815,475	0	0	0	0	0	-
Profit (loss) for the period to be appropriated`9905`	145,218	893,815	845,467	886,757	883,004	125,656	467,276	21,079	147,730	-63,718	399,249	108,797	-101,498	205,188	325,318	69,548	202,208	143,353	218,609	6,607
Appropriation of the result
Profit (loss) to be appropriated`9906`	145,218	893,815	845,467	886,757	883,004	125,656	467,276	21,079	147,730	-63,718	399,249	108,797	-101,498	205,188	325,318	69,548	202,208	143,353	218,609	6,607
Transfer from equity`791/2`	-	-	-	-	-	-	-	0	0	63,718	0	0	101,498	0	0	0	0	0	0	-
Transfer to equity`691/2`	145,218	893,815	695,467	740,757	883,004	43,656	467,276	21,079	67,730	-	307,249	108,797	0	127,188	246,318	69,548	202,208	143,353	218,609	6,607
Addition to contributions`691`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
To the legal reserve`6920`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
To other reserves`6921`	145,218	893,815	695,467	740,757	883,004	43,656	467,276	21,079	67,730	0	307,249	108,797	0	127,188	246,318	69,548	202,208	143,353	218,609	6,607
Profit to be distributed`694/7`	-	0	150,000	146,000	0	82,000	-	-	80,000	-	92,000	-	0	78,000	79,000	0	0	0	0	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-
Directors or managers`695`	-	0	150,000	146,000	0	82,000	-	0	80,000	0	92,000	0	0	78,000	79,000	0	0	0	0	-
Employees`696`	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	17	17.2	17.2	18.2	18.4	16.2	16.2	16.9	17.9	18.5	18.6	18	17.7	17.9	17.6	15.9	16	14.8	14.2	13.6
Men (FTE)`1003`	10.8	11.6	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Women (FTE)`1003`	6.2	5.6	5.2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Agency workers`1501`	-	0.1	0.9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	29,597	29,711	28,045	27,600	28,821	20,956	25,870	28,432	29,719	31,385	30,737	29,563	29,881	30,585	32,719	28,832	28,831	26,034	26,604	25,450
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	15-10-2026	2026-00565738	PDF
31-12-2024	full format	29-08-2025	2025-00467786	PDF
31-12-2023	full format	10-07-2024	2024-00246565	PDF
31-12-2022	abbreviated format	29-08-2023	2023-00369824	PDF
31-12-2021	abbreviated format	31-08-2022	2022-20407921	PDF
31-12-2020	abbreviated format	24-09-2021	2021-68500300	PDF
31-12-2019	abbreviated format	29-09-2020	2020-58000012	PDF
31-12-2018	abbreviated format	08-07-2019	2019-30400026	PDF
31-12-2017	abbreviated format	30-07-2018	2018-41400598	PDF
31-12-2016	abbreviated format	14-07-2017	2017-32100448	PDF
31-12-2015	abbreviated format	29-07-2016	2016-38200006	PDF
31-12-2014	abbreviated format	23-06-2015	2015-20500563	PDF
31-12-2013	abbreviated format	31-07-2014	2014-38600387	PDF
31-12-2012	abbreviated format	14-06-2013	2013-18200570	PDF
31-12-2011	abbreviated format	05-07-2012	2012-26900076	PDF
31-12-2010	abbreviated format	23-06-2011	2011-20500245	PDF
31-12-2009	abbreviated format	02-06-2010	2010-14600071	PDF
31-12-2008	abbreviated format	08-06-2009	2009-20700045	PDF
31-12-2007	abbreviated format	10-06-2008	2008-21400118	PDF
31-12-2006	abbreviated format	21-06-2007	2007-27000017	PDF
31-12-2005	abbreviated format	09-06-2006	2006-22201615	PDF
31-12-2004	abbreviated format	12-07-2005	2005-46702882	PDF
31-12-2003	abbreviated format	19-05-2004	2004-15505206	PDF
31-12-2002	abbreviated format	26-05-2003	2003-16504606	PDF
31-12-2001	abbreviated format	14-10-2002	2002-65504305	PDF
31-12-2000	abbreviated format	31-08-2001	2001-52600193	PDF
31-12-1999	abbreviated format	10-11-2000	2000-70600040	PDF
31-12-1998	abbreviated format	24-09-1999	1999-48702203	PDF
31-12-1997	abbreviated format	10-06-1999	1999-16401093	PDF
31-12-1996	abbreviated format	09-06-1997	1997-12902862	PDF
31-12-1995	abbreviated format	05-06-1996	1996-11904000	PDF
31-12-1994	abbreviated format	07-06-1995	1995-12201399	PDF
31-12-1993	abbreviated format	03-06-1994	1994-11304202	PDF
31-12-1992	abbreviated format	09-06-1993	1993-11401624	PDF
31-12-1991	abbreviated format	09-06-1992	1992-09102770	PDF
31-12-1990	full format	12-06-1991	1991-09400978	PDF
31-12-1989	full format	01-06-1990	1990-06501194	PDF
31-12-1988	full format	06-06-1989	1989-06703766	PDF
31-12-1987	full format	06-06-1988	1988-06304351	PDF
31-12-1986	full format	14-05-1987	1987-06100350	PDF
31-12-1985	full format	05-06-1986	1986-11700458	PDF
31-12-1984	full format	10-06-1985	1985-09401407	PDF
31-12-1983	unclassified schema	07-06-1984	1984-05001602	PDF
31-12-1982	unclassified schema	07-06-1983	1983-04700474	PDF
31-12-1981	unclassified schema	01-06-1982	1982-03800483	PDF
31-12-1980	unclassified schema	04-06-1981	1981-04101934	PDF
31-12-1979	unclassified schema	06-06-1980	1980-04302283	PDF
31-12-1978	unclassified schema	07-06-1979	1979-04401983	PDF
31-12-1977	unclassified schema	27-07-1978	1978-05702122	PDF

Year	Entries	Awarded	Paid
2025	1	€0	€0
2024	1	€325	€325

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	722,075	1.2m	1.7m	1.7m	1.2m	561,497	756,899	289,054	425,818	192,779	869,725	348,753	59,416	422,810	592,605	226,129	353,789	293,122	406,556	185,980
Cash flow	450,757	733,174	1.3m	1.2m	1.0m	235,066	530,087	114,890	269,743	47,137	547,417	189,660	-46,752	1.1m	408,249	155,074	296,485	237,372	335,848	164,779
Investment in fixed assets	11,328	149,050	66,402	513,964	3.1m	172,545	1,607	23,905	142,211	25,962	152,757	1.5m	17	16,384	21,921	210,229	22,366	274,293	36,428	225,784
Change in cash	374,171	-108,545	-240,950	178,133	-316,505	182,718	-61,992	-95,314	153,097	227,292	29,420	-165,353	-407,890	370,828	127,820	149,367	50,597	-269,169	50,989	-
Working capital	6.2m	5.9m	5.4m	4.7m	4.0m	4.7m	4.7m	4.3m	4.4m	4.5m	4.5m	4.2m	4.3m	4.4m	2.8m	2.7m	2.9m	2.7m	2.3m	2.1m
EBIT margin	2.8%	6.3%	8.5%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Solvency	62.9%	63.1%	55.1%	50.0%	49.1%	57.9%	57.1%	53.0%	48.6%	47.6%	46.8%	46.9%	56.7%	54.8%	44.9%	46.3%	43.1%	43.2%	43.0%	41.0%
Current ratio	3.05	3.18	2.71	2.35	2.30	3.17	3.00	2.76	2.50	2.54	2.45	2.48	2.70	2.61	1.81	1.92	1.92	1.99	1.79	1.74
Quick ratio	0.34	0.18	0.19	0.20	0.19	0.34	0.30	0.35	0.32	0.26	0.20	0.22	0.45	0.36	0.29	0.16	0.27	0.28	0.42	0.39
Debt to equity	0.59	0.59	0.79	0.97	1.00	0.68	0.70	0.83	0.98	1.01	1.05	1.03	0.66	0.72	1.23	1.16	1.32	1.32	1.33	1.44
ROE	1.9%	5.9%	11.6%	13.5%	15.1%	1.7%	9.1%	-0.5%	2.5%	-2.5%	8.3%	1.7%	-2.6%	25.1%	10.4%	2.4%	7.2%	5.5%	8.9%	0.3%
ROA	1.2%	3.7%	6.4%	6.7%	7.4%	1.0%	5.2%	-0.3%	1.2%	-1.2%	3.9%	0.8%	-1.5%	13.8%	4.7%	1.1%	3.1%	2.4%	3.8%	0.1%
Interest coverage	12.31	15.67	19.95	7.26	6.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	1 day	1 day	4 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	52 days	49 days	49 days	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	21	20	19	22	22
full-time	14	14	13	12	14
part-time	7	6	6	10	8
in full-time equivalents	18.1	17.7	15.9	17.4	19.1
Average over the year, in full-time equivalents	17	17.2	17.2	18.2	18.4
On a permanent contract	18	17	18	19	22
Joined	3	2	123	6	2
Left	2	1	138	6	1
Agency workers, average number	-	0.1	0.9	-	-
Training hours	57	-	-	-	-

SLAETS

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency62.9%

Current ratio3.05

Return on assets1.2%

Staff

Men and women36% women

Staff cost per FTE€76,111

Joined and left+1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024 to 2025, 2 entries, €325 awarded, €325 paid

Key figures and ratios

Social balance sheet

Overdue debts

Securities and guarantees

Investments

Auditor

Insights on SLAETS

Next steps

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€1.3m	€1.5m	€2.3m	€2.7m	€2.6m
Mortgages, amount registered	-	-	€198,000	€198,000	€198,000
Carrying value of the mortgaged assets	-	-	€780,223	€857,245	€934,074
Pledge on the business	€3.1m	€3.1m	€1.7m	€1.7m	€272,680

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€11,328	€149,050	€66,402	€513,964	€3.1m
Financial fixed assets	-	-	-	-	€6,800
Depreciation and write-downs of the year	€305,539	€301,300	€452,486	€351,105	€201,043