S2LK: 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.
S2LK
Largest movements
- Cash +€13,310
up €13,310 (+1639.3%), from €812 to €14,122
mainly Net result for the year (+€11,180) and Depreciation (+€5,534)
- Tangible fixed assets -€2,397
down €2,397 (-25.2%), from €9,500 to €7,103
- Receivables within one year -€636
down €636 (-11.3%), from €5,612 to €4,975
of which Trade receivables: -€946
- Profit (loss) carried forward +€11,180
up €11,180, from -€4,772 to €6,408
- Debts after one year -€3,821
down €3,821 (-46.7%), from €8,176 to €4,354
- Other debts +€2,879
new in 2025: €2,879
- Trade debts +€1,765
up €1,765 (+6666.6%), from €26 to €1,792
- Tax, wage and social debts -€1,585
down €1,585 (-31.4%), from €5,046 to €3,461
of which Taxes: -€1,093
- Gross operating margin +€43,302
up €43,302, from -€16,997 to €26,305
- Taxes +€5,578
new in 2025: €5,578
- Depreciation +€784
up €784 (+16.5%), from €4,750 to €5,534
- Financial charges -€732
down €732 (-73.5%), from €995 to €263
- Other operating charges +€675
up €675 (+21.8%), from €3,095 to €3,770
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 | €15,961 | €26,215 | +€10,254 | +64.2% |
| Fixed assets | 21/28 | €9,500 | €7,103 | -€2,397 | -25.2% |
| Tangible fixed assets | 22/27 | €9,500 | €7,103 | -€2,397 | -25.2% |
| Furniture and vehicles | 24 | €9,500 | €7,103 | -€2,397 | -25.2% |
| Current assets | 29/58 | €6,461 | €19,113 | +€12,652 | +195.8% |
| Amounts receivable within one year | 40/41 | €5,612 | €4,975 | -€636 | -11.3% |
| Trade receivables | 40 | €5,612 | €4,666 | -€946 | -16.9% |
| Other amounts receivable | 41 | - | €310 | +€310 | |
| Cash at bank and in hand | 54/58 | €812 | €14,122 | +€13,310 | +1639.3% |
| Deferred charges and accrued income | 490/1 | €37 | €15 | -€22 | -58.6% |
| Total equity and liabilities | 10/49 | €15,961 | €26,215 | +€10,254 | +64.2% |
| Equity | 10/15 | -€1,272 | €9,908 | +€11,180 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,772 | €6,408 | +€11,180 | |
| Amounts payable | 17/49 | €17,233 | €16,307 | -€925 | -5.4% |
| Amounts payable after more than one year | 17 | €8,176 | €4,354 | -€3,821 | -46.7% |
| Financial debts | 170/4 | €8,176 | €4,354 | -€3,821 | -46.7% |
| Amounts payable within one year | 42/48 | €9,057 | €11,953 | +€2,896 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €3,984 | €3,821 | -€163 | -4.1% |
| Trade debts | 44 | €26 | €1,792 | +€1,765 | +6666.6% |
| Suppliers | 440/4 | €26 | €1,792 | +€1,765 | +6666.6% |
| Taxes, remuneration and social security | 45 | €5,046 | €3,461 | -€1,585 | -31.4% |
| Taxes | 450/3 | €1,093 | - | -€1,093 | |
| Remuneration and social security | 454/9 | €3,953 | €3,461 | -€492 | -12.5% |
| Other amounts payable | 47/48 | - | €2,879 | +€2,879 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,750 | €5,534 | +€784 | +16.5% |
| Other operating charges | 640/8 | €3,095 | €3,770 | +€675 | +21.8% |
| Gross operating margin | 9900 | -€16,997 | €26,305 | +€43,302 | |
| Operating profit (loss) | 9901 | -€24,841 | €17,001 | +€41,842 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €995 | €263 | -€732 | -73.5% |
| Recurring financial charges | 65 | €995 | €263 | -€732 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,837 | €16,758 | +€42,594 | |
| Income taxes | 67/77 | - | €5,578 | +€5,578 | |
| Profit (loss) for the period | 9904 | -€25,837 | €11,180 | +€37,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,837 | €11,180 | +€37,016 |
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 10 October 2026 via checked.be.