Le Slibard: 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.
Le Slibard
Largest movements
- Stocks and contracts +€6,900
up €6,900 (+111%), from €6,194 to €13,094
- Intangible fixed assets -€6,527
down €6,527 (-29.1%), from €22,406 to €15,879
- Cash +€5,131
up €5,131 (+403%), from €1,274 to €6,405
mainly Other debts (+€30,000) and Depreciation (+€6,950)
- Receivables within one year +€1,701
up €1,701 (+83.4%), from €2,039 to €3,740
of which Trade receivables: +€1,939
- Tangible fixed assets -€423
down €423 (-50.0%), from €846 to €423
- Other debts +€30,000
new in 2025: €30,000
- Profit (loss) carried forward -€12,613
down €12,613 (-14.4%), from -€87,725 to -€100,338
- Debts after one year -€8,114
no longer reported in 2025 (was €8,114)
- Current portion of long-term debt -€3,726
down €3,726 (-33.0%), from €11,300 to €7,574
- Tax, wage and social debts +€1,294
new in 2025: €1,294
- Gross operating margin -€5,200
down €5,200, from €56 to -€5,144
- Financial charges +€384
up €384 (+275%), from €140 to €524
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 | €32,759 | €39,540 | +€6,781 | +20.7% |
| Fixed assets | 21/28 | €23,252 | €16,302 | -€6,950 | -29.9% |
| Intangible fixed assets | 21 | €22,406 | €15,879 | -€6,527 | -29.1% |
| Tangible fixed assets | 22/27 | €846 | €423 | -€423 | -50.0% |
| Furniture and vehicles | 24 | €846 | €423 | -€423 | -50.0% |
| Current assets | 29/58 | €9,507 | €23,238 | +€13,731 | +144% |
| Stocks and contracts in progress | 3 | €6,194 | €13,094 | +€6,900 | +111% |
| Stocks | 30/36 | €6,194 | €13,094 | +€6,900 | +111% |
| Amounts receivable within one year | 40/41 | €2,039 | €3,740 | +€1,701 | +83.4% |
| Trade receivables | 40 | €1,801 | €3,740 | +€1,939 | +108% |
| Other amounts receivable | 41 | €238 | - | -€238 | |
| Cash at bank and in hand | 54/58 | €1,274 | €6,405 | +€5,131 | +403% |
| Total equity and liabilities | 10/49 | €32,759 | €39,540 | +€6,781 | +20.7% |
| Equity | 10/15 | €13,275 | €662 | -€12,613 | -95.0% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,725 | -€100,338 | -€12,613 | -14.4% |
| Amounts payable | 17/49 | €19,484 | €38,878 | +€19,394 | +99.5% |
| Amounts payable after more than one year | 17 | €8,114 | - | -€8,114 | |
| Financial debts | 170/4 | €8,114 | - | -€8,114 | |
| Amounts payable within one year | 42/48 | €11,369 | €38,878 | +€27,509 | +242% |
| Current portion of amounts payable after more than one year | 42 | €11,300 | €7,574 | -€3,726 | -33.0% |
| Trade debts | 44 | €69 | €10 | -€60 | -86.3% |
| Suppliers | 440/4 | €69 | €10 | -€60 | -86.3% |
| Taxes, remuneration and social security | 45 | - | €1,294 | +€1,294 | |
| Taxes | 450/3 | - | €1,294 | +€1,294 | |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,950 | €6,950 | = | 0.0% |
| Gross operating margin | 9900 | €56 | -€5,144 | -€5,200 | |
| Operating profit (loss) | 9901 | -€6,894 | -€12,094 | -€5,200 | -75.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €140 | €524 | +€384 | +275% |
| Recurring financial charges | 65 | €140 | €524 | +€384 | +275% |
| Profit (loss) for the period before taxes | 9903 | -€7,034 | -€12,613 | -€5,579 | -79.3% |
| Profit (loss) for the period | 9904 | -€7,034 | -€12,613 | -€5,579 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,034 | -€12,613 | -€5,579 | -79.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.