SAMMY SLABBINCK: 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.
SAMMY SLABBINCK
Largest movements
- Receivables after one year -€5,415
down €5,415 (-68.1%), from €7,947 to €2,532
- Cash -€3,272
down €3,272 (-30.1%), from €10,880 to €7,608
mainly Net result for the year (-€12,901) and Current portion of long-term debt (-€1,080)
- Tangible fixed assets -€2,503
down €2,503 (-43.9%), from €5,701 to €3,198
of which Other tangible fixed assets: -€2,000
- Receivables within one year -€1,642
down €1,642 (-38.6%), from €4,254 to €2,612
of which Trade receivables: -€1,057
- Profit (loss) carried forward -€8,055
new in 2025: -€8,055
- Reserves -€4,846
down €4,846 (-72.3%), from €6,706 to €1,860
of which Distributable reserves: -€4,846
- Tax, wage and social debts +€1,081
up €1,081 (+775%), from €140 to €1,221
- Current portion of long-term debt -€1,080
no longer reported in 2025 (was €1,080)
- Gross operating margin +€2,541
up €2,541 (+20.4%), from -€12,442 to -€9,901
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 | €28,782 | €15,949 | -€12,832 | -44.6% |
| Fixed assets | 21/28 | €5,701 | €3,198 | -€2,503 | -43.9% |
| Tangible fixed assets | 22/27 | €5,701 | €3,198 | -€2,503 | -43.9% |
| Furniture and vehicles | 24 | €1,208 | €705 | -€503 | -41.7% |
| Other tangible fixed assets | 26 | €4,493 | €2,493 | -€2,000 | -44.5% |
| Current assets | 29/58 | €23,081 | €12,752 | -€10,329 | -44.8% |
| Amounts receivable after more than one year | 29 | €7,947 | €2,532 | -€5,415 | -68.1% |
| Other amounts receivable | 291 | €7,947 | €2,532 | -€5,415 | -68.1% |
| Amounts receivable within one year | 40/41 | €4,254 | €2,612 | -€1,642 | -38.6% |
| Trade receivables | 40 | €3,669 | €2,612 | -€1,057 | -28.8% |
| Other amounts receivable | 41 | €585 | - | -€585 | |
| Cash at bank and in hand | 54/58 | €10,880 | €7,608 | -€3,272 | -30.1% |
| Total equity and liabilities | 10/49 | €28,782 | €15,949 | -€12,832 | -44.6% |
| Equity | 10/15 | €25,306 | €12,405 | -€12,901 | -51.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,706 | €1,860 | -€4,846 | -72.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,846 | - | -€4,846 | |
| Profit (loss) carried forward | 14 | - | -€8,055 | -€8,055 | |
| Amounts payable | 17/49 | €3,476 | €3,544 | +€68 | +2.0% |
| Amounts payable within one year | 42/48 | €3,476 | €3,544 | +€68 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €1,080 | - | -€1,080 | |
| Financial debts | 43 | €69 | €45 | -€25 | -35.4% |
| Credit institutions | 430/8 | €69 | €45 | -€25 | -35.4% |
| Trade debts | 44 | €2,187 | €2,279 | +€92 | +4.2% |
| Suppliers | 440/4 | €2,187 | €2,279 | +€92 | +4.2% |
| Taxes, remuneration and social security | 45 | €140 | €1,221 | +€1,081 | +775% |
| Taxes | 450/3 | €140 | €1,221 | +€1,081 | +775% |
| Non-recurring operating income | 76A | €2,326 | - | -€2,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €2,503 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €446 | -€56 | -11.2% |
| Gross operating margin | 9900 | -€12,442 | -€9,901 | +€2,541 | +20.4% |
| Operating profit (loss) | 9901 | -€15,447 | -€12,850 | +€2,597 | +16.8% |
| Financial income | 75/76B | €336 | €284 | -€52 | -15.5% |
| Recurring financial income | 75 | €336 | €284 | -€52 | -15.5% |
| Financial charges | 65/66B | €282 | €193 | -€89 | -31.5% |
| Recurring financial charges | 65 | €282 | €193 | -€89 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,394 | -€12,760 | +€2,634 | +17.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€15,533 | -€12,901 | +€2,633 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,533 | -€12,901 | +€2,633 | +16.9% |
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 1 November 2026 via checked.be.