S.L. LOGISTICS: 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.
S.L. LOGISTICS
Largest movements
- Tangible fixed assets -€3,410
down €3,410 (-5.3%), from €63,867 to €60,457
of which Land and buildings: -€2,949
- Other debts +€9,814
up €9,814 (+37.0%), from €26,520 to €36,334
- Profit (loss) carried forward -€7,504
down €7,504 (-7.6%), from -€98,466 to -€105,971
- Debts after one year -€6,908
down €6,908 (-53.7%), from €12,874 to €5,965
- Write-downs -€26,809
no longer reported in 2025 (was €26,809)
- Gross operating margin +€1,974
up €1,974 (+84.9%), from -€2,325 to -€351
- Other operating charges -€582
no longer reported in 2025 (was €582)
- Financial charges +€47
up €47 (+1.3%), from €3,697 to €3,743
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 | €64,684 | €60,636 | -€4,048 | -6.3% |
| Fixed assets | 21/28 | €63,867 | €60,457 | -€3,410 | -5.3% |
| Tangible fixed assets | 22/27 | €63,867 | €60,457 | -€3,410 | -5.3% |
| Land and buildings | 22 | €62,528 | €59,579 | -€2,949 | -4.7% |
| Furniture and vehicles | 24 | €1,338 | €877 | -€461 | -34.5% |
| Current assets | 29/58 | €817 | €179 | -€638 | -78.1% |
| Amounts receivable within one year | 40/41 | €21 | €21 | = | 0.0% |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €797 | €159 | -€638 | -80.1% |
| Total equity and liabilities | 10/49 | €64,684 | €60,636 | -€4,048 | -6.3% |
| Equity | 10/15 | -€11,776 | -€19,281 | -€7,504 | -63.7% |
| Contributions | 10/11 | €15,501 | €15,501 | = | 0.0% |
| Reserves | 13 | €71,188 | €71,188 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,593 | €49,593 | = | 0.0% |
| Distributable reserves | 133 | €19,735 | €19,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,466 | -€105,971 | -€7,504 | -7.6% |
| Amounts payable | 17/49 | €76,460 | €79,917 | +€3,456 | +4.5% |
| Amounts payable after more than one year | 17 | €12,874 | €5,965 | -€6,908 | -53.7% |
| Financial debts | 170/4 | €12,874 | €5,965 | -€6,908 | -53.7% |
| Amounts payable within one year | 42/48 | €63,587 | €73,951 | +€10,365 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €6,679 | €6,794 | +€115 | +1.7% |
| Financial debts | 43 | €29,950 | €30,386 | +€436 | +1.5% |
| Credit institutions | 430/8 | €29,950 | €30,386 | +€436 | +1.5% |
| Trade debts | 44 | €437 | €437 | = | 0.0% |
| Suppliers | 440/4 | €437 | €437 | = | 0.0% |
| Other amounts payable | 47/48 | €26,520 | €36,334 | +€9,814 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,410 | €3,410 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,809 | - | -€26,809 | |
| Other operating charges | 640/8 | €582 | - | -€582 | |
| Gross operating margin | 9900 | -€2,325 | -€351 | +€1,974 | +84.9% |
| Operating profit (loss) | 9901 | -€33,126 | -€3,761 | +€29,365 | +88.6% |
| Financial charges | 65/66B | €3,697 | €3,743 | +€47 | +1.3% |
| Recurring financial charges | 65 | €3,697 | €3,743 | +€47 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,823 | -€7,504 | +€29,319 | +79.6% |
| Profit (loss) for the period | 9904 | -€36,823 | -€7,504 | +€29,319 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,823 | -€7,504 | +€29,319 | +79.6% |
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 18 October 2026 via checked.be.