S.L.T.: 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.T.
Largest movements
- Tangible fixed assets -€10,710
down €10,710 (-26.2%), from €40,815 to €30,105
of which Furniture and vehicles: -€10,710
- Cash -€7,785
down €7,785 (-31.4%), from €24,799 to €17,014
mainly Debts after one year (-€9,653) and Other debts (-€3,880)
- Receivables within one year +€3,033
up €3,033 (+36.4%), from €8,333 to €11,366
of which Trade receivables: +€3,033
- Debts after one year -€9,653
down €9,653 (-33.8%), from €28,525 to €18,872
- Other debts -€3,880
down €3,880 (-61.9%), from €6,267 to €2,387
- Trade debts -€2,635
down €2,635 (-95.7%), from €2,755 to €119
- Gross operating margin -€9,597
down €9,597 (-41.7%), from €23,013 to €13,416
- Taxes -€1,702
down €1,702 (-80.6%), from €2,112 to €411
- Financial charges -€406
down €406 (-20.6%), from €1,969 to €1,563
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 | €73,947 | €58,485 | -€15,462 | -20.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €40,815 | €30,105 | -€10,710 | -26.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €40,815 | €30,105 | -€10,710 | -26.2% |
| Furniture and vehicles | 24 | €40,815 | €30,105 | -€10,710 | -26.2% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €33,132 | €28,380 | -€4,752 | -14.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €8,333 | €11,366 | +€3,033 | +36.4% |
| Trade receivables | 40 | €6,645 | €9,679 | +€3,033 | +45.6% |
| Other amounts receivable | 41 | €1,688 | €1,688 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,799 | €17,014 | -€7,785 | -31.4% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €73,947 | €58,485 | -€15,462 | -20.9% |
| Equity | 10/15 | €25,595 | €25,499 | -€96 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,995 | €6,899 | -€96 | -1.4% |
| Amounts payable | 17/49 | €48,353 | €32,987 | -€15,366 | -31.8% |
| Amounts payable after more than one year | 17 | €28,525 | €18,872 | -€9,653 | -33.8% |
| Financial debts | 170/4 | €28,525 | €18,872 | -€9,653 | -33.8% |
| Amounts payable within one year | 42/48 | €19,828 | €14,115 | -€5,713 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €9,226 | €9,653 | +€427 | +4.6% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €2,755 | €119 | -€2,635 | -95.7% |
| Suppliers | 440/4 | €2,755 | €119 | -€2,635 | -95.7% |
| Taxes, remuneration and social security | 45 | €1,580 | €1,956 | +€376 | +23.8% |
| Taxes | 450/3 | €1,580 | €1,956 | +€376 | +23.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €6,267 | €2,387 | -€3,880 | -61.9% |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | €20,469 | €1,238 | -€19,231 | -94.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,710 | €10,710 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Other operating charges | 640/8 | €981 | €828 | -€153 | -15.6% |
| Gross operating margin | 9900 | €23,013 | €13,416 | -€9,597 | -41.7% |
| Operating profit (loss) | 9901 | €11,321 | €1,877 | -€9,444 | -83.4% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €1,969 | €1,563 | -€406 | -20.6% |
| Recurring financial charges | 65 | €1,969 | €1,563 | -€406 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €9,353 | €314 | -€9,038 | -96.6% |
| Income taxes | 67/77 | €2,112 | €411 | -€1,702 | -80.6% |
| Profit (loss) for the period | 9904 | €7,240 | -€96 | -€7,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,240 | -€96 | -€7,336 |
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 22 October 2026 via checked.be.