DE SLEGER: 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.
DE SLEGER
Largest movements
- Tangible fixed assets -€11,788
down €11,788 (-19.1%), from €61,630 to €49,842
of which Furniture and vehicles: -€10,600
- Receivables within one year +€5,158
up €5,158 (+42.6%), from €12,095 to €17,253
of which Trade receivables: +€5,159
- Deferred charges and accrued income +€4,247
new in 2025: €4,247
- Stocks and contracts -€1,900
down €1,900 (-17.2%), from €11,050 to €9,150
of which Stocks: -€1,050
- Debts after one year -€7,625
down €7,625 (-27.7%), from €27,520 to €19,895
- Trade debts +€6,225
up €6,225 (+2766.8%), from €225 to €6,450
- Current portion of long-term debt -€3,624
down €3,624 (-32.2%), from €11,249 to €7,625
- Profit (loss) carried forward +€1,653
up €1,653 (+183.5%), from €901 to €2,554
- Turnover -€140,083
no longer reported in 2025 (was €140,083)
- Purchases and services -€126,830
no longer reported in 2025 (was €126,830)
- Gross operating margin -€18,148
down €18,148 (-47.3%), from €38,369 to €20,221
- Depreciation +€10,179
up €10,179 (+199.2%), from €5,109 to €15,288
- Taxes -€6,943
down €6,943 (-93.3%), from €7,443 to €500
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 | €96,917 | €93,388 | -€3,529 | -3.6% |
| Fixed assets | 21/28 | €61,630 | €49,842 | -€11,788 | -19.1% |
| Tangible fixed assets | 22/27 | €61,630 | €49,842 | -€11,788 | -19.1% |
| Plant, machinery and equipment | 23 | €10,326 | €9,138 | -€1,188 | -11.5% |
| Furniture and vehicles | 24 | €51,304 | €40,704 | -€10,600 | -20.7% |
| Current assets | 29/58 | €35,287 | €43,546 | +€8,259 | +23.4% |
| Stocks and contracts in progress | 3 | €11,050 | €9,150 | -€1,900 | -17.2% |
| Stocks | 30/36 | €1,050 | - | -€1,050 | |
| Contracts in progress | 37 | €10,000 | €9,150 | -€850 | -8.5% |
| Amounts receivable within one year | 40/41 | €12,095 | €17,253 | +€5,158 | +42.6% |
| Trade receivables | 40 | €38 | €5,197 | +€5,159 | +13575.2% |
| Other amounts receivable | 41 | €12,057 | €12,057 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €12,142 | €12,896 | +€754 | +6.2% |
| Deferred charges and accrued income | 490/1 | - | €4,247 | +€4,247 | |
| Total equity and liabilities | 10/49 | €96,917 | €93,388 | -€3,529 | -3.6% |
| Equity | 10/15 | €18,901 | €20,554 | +€1,653 | +8.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €901 | €2,554 | +€1,653 | +183.5% |
| Amounts payable | 17/49 | €78,016 | €72,834 | -€5,182 | -6.6% |
| Amounts payable after more than one year | 17 | €27,520 | €19,895 | -€7,625 | -27.7% |
| Financial debts | 170/4 | €27,520 | €19,895 | -€7,625 | -27.7% |
| Amounts payable within one year | 42/48 | €50,496 | €52,939 | +€2,443 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €11,249 | €7,625 | -€3,624 | -32.2% |
| Trade debts | 44 | €225 | €6,450 | +€6,225 | +2766.8% |
| Suppliers | 440/4 | €225 | €6,450 | +€6,225 | +2766.8% |
| Taxes, remuneration and social security | 45 | €715 | €1,379 | +€664 | +92.9% |
| Taxes | 450/3 | €715 | €1,379 | +€664 | +92.9% |
| Other amounts payable | 47/48 | €38,307 | €37,485 | -€822 | -2.1% |
| Turnover | 70 | €140,083 | - | -€140,083 | |
| Goods, raw materials, services and sundry goods | 60/61 | €126,830 | - | -€126,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,109 | €15,288 | +€10,179 | +199.2% |
| Other operating charges | 640/8 | €6,053 | €522 | -€5,531 | -91.4% |
| Gross operating margin | 9900 | €38,369 | €20,221 | -€18,148 | -47.3% |
| Operating profit (loss) | 9901 | €27,207 | €4,410 | -€22,797 | -83.8% |
| Financial income | 75/76B | €103 | €76 | -€27 | -26.5% |
| Recurring financial income | 75 | €103 | €76 | -€27 | -26.5% |
| Financial charges | 65/66B | €2,966 | €2,333 | -€633 | -21.4% |
| Recurring financial charges | 65 | €2,966 | €2,333 | -€633 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €24,344 | €2,153 | -€22,191 | -91.2% |
| Income taxes | 67/77 | €7,443 | €500 | -€6,943 | -93.3% |
| Profit (loss) for the period | 9904 | €16,901 | €1,653 | -€15,248 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,901 | €1,653 | -€15,248 | -90.2% |
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 29 September 2026 via checked.be.