NELE SLOS: 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.
NELE SLOS
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€9,672
down €9,672 (-55.7%), from €17,381 to €7,708
mainly Current investments (-€60,000) and Debts after one year (-€10,000)
- Tangible fixed assets -€6,769
down €6,769 (-21.8%), from €30,990 to €24,221
- Receivables within one year +€6,070
new in 2025: €6,070
- Deferred charges and accrued income +€3,003
up €3,003 (+36.8%), from €8,160 to €11,163
- Reserves +€56,868
up €56,868 (+307.7%), from €18,484 to €75,351
- Debts after one year -€10,000
down €10,000 (-37.0%), from €27,000 to €17,000
- Current portion of long-term debt +€5,000
new in 2025: €5,000
- Gross operating margin +€54,123
up €54,123 (+213.7%), from €25,328 to €79,451
- Taxes +€9,872
up €9,872 (+207.7%), from €4,752 to €14,624
- Depreciation +€5,451
up €5,451 (+413.7%), from €1,318 to €6,769
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 | €56,530 | €109,162 | +€52,632 | +93.1% |
| Fixed assets | 21/28 | €30,990 | €24,221 | -€6,769 | -21.8% |
| Tangible fixed assets | 22/27 | €30,990 | €24,221 | -€6,769 | -21.8% |
| Furniture and vehicles | 24 | €30,990 | €24,221 | -€6,769 | -21.8% |
| Current assets | 29/58 | €25,540 | €84,941 | +€59,401 | +232.6% |
| Amounts receivable within one year | 40/41 | - | €6,070 | +€6,070 | |
| Other amounts receivable | 41 | - | €6,070 | +€6,070 | |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €17,381 | €7,708 | -€9,672 | -55.7% |
| Deferred charges and accrued income | 490/1 | €8,160 | €11,163 | +€3,003 | +36.8% |
| Total equity and liabilities | 10/49 | €56,530 | €109,162 | +€52,632 | +93.1% |
| Equity | 10/15 | €20,484 | €77,351 | +€56,868 | +277.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,484 | €75,351 | +€56,868 | +307.7% |
| Distributable reserves | 133 | €18,484 | €75,351 | +€56,868 | +307.7% |
| Amounts payable | 17/49 | €36,047 | €31,811 | -€4,236 | -11.8% |
| Amounts payable after more than one year | 17 | €27,000 | €17,000 | -€10,000 | -37.0% |
| Financial debts | 170/4 | €27,000 | €17,000 | -€10,000 | -37.0% |
| Amounts payable within one year | 42/48 | €8,360 | €13,409 | +€5,050 | +60.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €519 | €782 | +€263 | +50.6% |
| Suppliers | 440/4 | €519 | €782 | +€263 | +50.6% |
| Taxes, remuneration and social security | 45 | €7,627 | €7,627 | = | 0.0% |
| Taxes | 450/3 | €7,627 | €7,627 | = | 0.0% |
| Other amounts payable | 47/48 | €213 | - | -€213 | |
| Accrued charges and deferred income | 492/3 | €687 | €1,401 | +€714 | +104.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €6,769 | +€5,451 | +413.7% |
| Other operating charges | 640/8 | €629 | €289 | -€341 | -54.1% |
| Gross operating margin | 9900 | €25,328 | €79,451 | +€54,123 | +213.7% |
| Operating profit (loss) | 9901 | €23,381 | €72,393 | +€49,012 | +209.6% |
| Financial charges | 65/66B | €145 | €901 | +€757 | +522.2% |
| Recurring financial charges | 65 | €145 | €901 | +€757 | +522.2% |
| Profit (loss) for the period before taxes | 9903 | €23,236 | €71,492 | +€48,256 | +207.7% |
| Income taxes | 67/77 | €4,752 | €14,624 | +€9,872 | +207.7% |
| Profit (loss) for the period | 9904 | €18,484 | €56,868 | +€38,384 | +207.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,484 | €56,868 | +€38,384 | +207.7% |
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 11 October 2026 via checked.be.