S.L.R. EXPRESS: 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.R. EXPRESS
Largest movements
- Receivables within one year -€9,833
down €9,833 (-34.1%), from €28,864 to €19,031
of which Other amounts receivable: -€10,013
- Tangible fixed assets -€2,847
no longer reported in 2025 (was €2,847)
- Tax, wage and social debts -€4,309
down €4,309 (-90.2%), from €4,779 to €470
- Profit (loss) carried forward -€3,929
down €3,929 (-31.2%), from €12,611 to €8,682
- Current portion of long-term debt -€3,619
no longer reported in 2025 (was €3,619)
- Trade debts -€964
down €964 (-63.7%), from €1,514 to €550
- Gross operating margin -€8,564
down €8,564, from €6,384 to -€2,181
- Other operating charges -€6,142
down €6,142 (-79.3%), from €7,749 to €1,607
- Depreciation -€1,501
no longer reported in 2025 (was €1,501)
- Financial charges -€649
down €649 (-82.1%), from €791 to €141
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,003 | €20,324 | -€12,680 | -38.4% |
| Fixed assets | 21/28 | €4,140 | €1,293 | -€2,847 | -68.8% |
| Tangible fixed assets | 22/27 | €2,847 | - | -€2,847 | |
| Furniture and vehicles | 24 | €2,847 | - | -€2,847 | |
| Financial fixed assets | 28 | €1,293 | €1,293 | = | 0.0% |
| Current assets | 29/58 | €28,864 | €19,031 | -€9,833 | -34.1% |
| Amounts receivable within one year | 40/41 | €28,864 | €19,031 | -€9,833 | -34.1% |
| Trade receivables | 40 | €486 | €666 | +€180 | +37.0% |
| Other amounts receivable | 41 | €28,378 | €18,365 | -€10,013 | -35.3% |
| Total equity and liabilities | 10/49 | €33,003 | €20,324 | -€12,680 | -38.4% |
| Equity | 10/15 | €20,671 | €16,742 | -€3,929 | -19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €12,611 | €8,682 | -€3,929 | -31.2% |
| Amounts payable | 17/49 | €12,332 | €3,582 | -€8,750 | -71.0% |
| Amounts payable within one year | 42/48 | €12,332 | €3,582 | -€8,750 | -71.0% |
| Current portion of amounts payable after more than one year | 42 | €3,619 | - | -€3,619 | |
| Financial debts | 43 | €2,421 | €2,562 | +€141 | +5.8% |
| Credit institutions | 430/8 | €2,421 | €2,562 | +€141 | +5.8% |
| Trade debts | 44 | €1,514 | €550 | -€964 | -63.7% |
| Suppliers | 440/4 | €1,514 | €550 | -€964 | -63.7% |
| Taxes, remuneration and social security | 45 | €4,779 | €470 | -€4,309 | -90.2% |
| Taxes | 450/3 | €4,779 | €470 | -€4,309 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,501 | - | -€1,501 | |
| Other operating charges | 640/8 | €7,749 | €1,607 | -€6,142 | -79.3% |
| Gross operating margin | 9900 | €6,384 | -€2,181 | -€8,564 | |
| Operating profit (loss) | 9901 | -€2,867 | -€3,788 | -€921 | -32.1% |
| Financial charges | 65/66B | €791 | €141 | -€649 | -82.1% |
| Recurring financial charges | 65 | €791 | €141 | -€649 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,658 | -€3,929 | -€272 | -7.4% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€3,658 | -€3,929 | -€271 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,658 | -€3,929 | -€271 | -7.4% |
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 31 October 2026 via checked.be.