DR. FLORIS SLECHTEN: 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.
DR. FLORIS SLECHTEN
Largest movements
- Current investments +€331,415
up €331,415 (+546%), from €60,750 to €392,165
- Cash -€237,905
down €237,905 (-86.3%), from €275,781 to €37,876
mainly Current investments (-€331,415) and Investment in fixed assets (net) (-€109,167)
- Tangible fixed assets +€98,075
up €98,075 (+695%), from €14,117 to €112,192
of which Other tangible fixed assets: +€87,427
- Receivables within one year +€11,395
up €11,395 (+16.6%), from €68,614 to €80,009
- Reserves +€184,131
up €184,131 (+53.2%), from €346,310 to €530,441
- Tax, wage and social debts +€21,172
up €21,172 (+39.7%), from €53,359 to €74,531
- Gross operating margin +€57,564
up €57,564 (+27.6%), from €208,870 to €266,434
- Taxes +€23,904
up €23,904 (+45.7%), from €52,349 to €76,253
- Depreciation +€9,502
up €9,502 (+598%), from €1,590 to €11,092
- Financial income +€6,896
up €6,896 (+369%), from €1,869 to €8,765
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.
Derived cash bridge
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 | €419,262 | €622,242 | +€202,980 | +48.4% |
| Fixed assets | 21/28 | €14,117 | €112,192 | +€98,075 | +695% |
| Tangible fixed assets | 22/27 | €14,117 | €112,192 | +€98,075 | +695% |
| Plant, machinery and equipment | 23 | €4,243 | €15,293 | +€11,050 | +260% |
| Furniture and vehicles | 24 | €405 | €3 | -€402 | -99.3% |
| Other tangible fixed assets | 26 | €9,469 | €96,896 | +€87,427 | +923% |
| Current assets | 29/58 | €405,145 | €510,050 | +€104,905 | +25.9% |
| Amounts receivable within one year | 40/41 | €68,614 | €80,009 | +€11,395 | +16.6% |
| Trade receivables | 40 | €68,614 | €80,009 | +€11,395 | +16.6% |
| Current investments | 50/53 | €60,750 | €392,165 | +€331,415 | +546% |
| Cash at bank and in hand | 54/58 | €275,781 | €37,876 | -€237,905 | -86.3% |
| Total equity and liabilities | 10/49 | €419,262 | €622,242 | +€202,980 | +48.4% |
| Equity | 10/15 | €351,310 | €535,441 | +€184,131 | +52.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €346,310 | €530,441 | +€184,131 | +53.2% |
| Distributable reserves | 133 | €346,310 | €530,441 | +€184,131 | +53.2% |
| Amounts payable | 17/49 | €67,952 | €86,801 | +€18,849 | +27.7% |
| Amounts payable within one year | 42/48 | €67,832 | €86,681 | +€18,849 | +27.8% |
| Trade debts | 44 | €4,213 | €4,194 | -€19 | -0.5% |
| Suppliers | 440/4 | €4,213 | €4,194 | -€19 | -0.5% |
| Taxes, remuneration and social security | 45 | €53,359 | €74,531 | +€21,172 | +39.7% |
| Taxes | 450/3 | €53,359 | €74,531 | +€21,172 | +39.7% |
| Other amounts payable | 47/48 | €10,260 | €7,956 | -€2,304 | -22.5% |
| Accrued charges and deferred income | 492/3 | €120 | €120 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,590 | €11,092 | +€9,502 | +598% |
| Other operating charges | 640/8 | €568 | €437 | -€131 | -23.1% |
| Gross operating margin | 9900 | €208,870 | €266,434 | +€57,564 | +27.6% |
| Operating profit (loss) | 9901 | €206,712 | €254,905 | +€48,193 | +23.3% |
| Financial income | 75/76B | €1,869 | €8,765 | +€6,896 | +369% |
| Recurring financial income | 75 | €1,869 | €8,765 | +€6,896 | +369% |
| Financial charges | 65/66B | €2,260 | €3,286 | +€1,026 | +45.4% |
| Recurring financial charges | 65 | €2,260 | €3,286 | +€1,026 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €206,321 | €260,384 | +€54,063 | +26.2% |
| Income taxes | 67/77 | €52,349 | €76,253 | +€23,904 | +45.7% |
| Profit (loss) for the period | 9904 | €153,972 | €184,131 | +€30,159 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €153,972 | €184,131 | +€30,159 | +19.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.