SideLakeRiver: what changed
Two fiscal 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.
SideLakeRiver
Largest movements
- Stocks and contracts +€920,000
up €920,000 (+193.7%), from €475,000 to €1.4m
- Receivables within one year -€608,472
down €608,472 (-89.7%), from €678,520 to €70,048
of which Other amounts receivable: -€584,946
- Financial fixed assets +€180,000
new in 2025: €180,000
- Current investments +€65,000
up €65,000 (+65.0%), from €100,000 to €165,000
- Cash +€40,355
up €40,355 (+52.6%), from €76,761 to €117,116
mainly Receivables within one year (+€608,472) and Short-term financial debts (+€502,500)
- Short-term financial debts +€502,500
up €502,500 (+141.1%), from €356,250 to €858,750
- Debts after one year +€206,496
up €206,496 (+67.8%), from €304,704 to €511,200
- Reserves -€92,213
down €92,213 (-100.0%), from €92,213 to €0
- Tax, wage and social debts -€27,232
down €27,232 (-100.0%), from €27,232 to €0
- Profit (loss) carried forward -€19,466
down €19,466, from €0 to -€19,466
- Gross operating margin -€192,173
down €192,173 (-92.1%), from €208,732 to €16,558
- Financial charges +€51,097
up €51,097 (+203.4%), from €25,126 to €76,223
- Other operating charges +€24,714
up €24,714 (+126.7%), from €19,501 to €44,215
- Taxes -€24,025
down €24,025 (-93.4%), from €25,731 to €1,705
- Provisions -€21,163
down €21,163 (-64.7%), from €32,688 to €11,525
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 | €1,330,770 | €1,927,892 | +€597,122 | +44.9% |
| Formation expenses | 20 | €288 | €24 | -€265 | -91.8% |
| Fixed assets | 21/28 | - | €180,000 | +€180,000 | |
| Financial fixed assets | 28 | - | €180,000 | +€180,000 | |
| Current assets | 29/58 | €1,330,482 | €1,747,869 | +€417,387 | +31.4% |
| Stocks and contracts in progress | 3 | €475,000 | €1,395,000 | +€920,000 | +193.7% |
| Stocks | 30/36 | €475,000 | €1,395,000 | +€920,000 | +193.7% |
| Amounts receivable within one year | 40/41 | €678,520 | €70,048 | -€608,472 | -89.7% |
| Trade receivables | 40 | €25,000 | €1,474 | -€23,526 | -94.1% |
| Other amounts receivable | 41 | €653,520 | €68,574 | -€584,946 | -89.5% |
| Current investments | 50/53 | €100,000 | €165,000 | +€65,000 | +65.0% |
| Cash at bank and in hand | 54/58 | €76,761 | €117,116 | +€40,355 | +52.6% |
| Deferred charges and accrued income | 490/1 | €201 | €705 | +€503 | +249.8% |
| Total equity and liabilities | 10/49 | €1,330,770 | €1,927,892 | +€597,122 | +44.9% |
| Equity | 10/15 | €609,376 | €497,697 | -€111,679 | -18.3% |
| Contributions | 10/11 | €517,163 | €517,163 | = | 0.0% |
| Reserves | 13 | €92,213 | €0 | -€92,213 | -100.0% |
| Distributable reserves | 133 | €92,213 | €0 | -€92,213 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€19,466 | -€19,466 | |
| Provisions and deferred taxes | 16 | €32,688 | €44,213 | +€11,525 | +35.3% |
| Provisions for liabilities and charges | 160/5 | €32,688 | €44,213 | +€11,525 | +35.3% |
| Other liabilities and charges | 164/5 | €32,688 | €44,213 | +€11,525 | +35.3% |
| Amounts payable | 17/49 | €688,706 | €1,385,982 | +€697,276 | +101.2% |
| Amounts payable after more than one year | 17 | €304,704 | €511,200 | +€206,496 | +67.8% |
| Other amounts payable | 178/9 | €304,704 | €511,200 | +€206,496 | +67.8% |
| Amounts payable within one year | 42/48 | €383,679 | €864,912 | +€481,232 | +125.4% |
| Financial debts | 43 | €356,250 | €858,750 | +€502,500 | +141.1% |
| Credit institutions | 430/8 | €356,250 | €858,750 | +€502,500 | +141.1% |
| Trade debts | 44 | €198 | €6,162 | +€5,964 | +3015.0% |
| Suppliers | 440/4 | €198 | €6,162 | +€5,964 | +3015.0% |
| Taxes, remuneration and social security | 45 | €27,232 | €0 | -€27,232 | -100.0% |
| Taxes | 450/3 | €27,232 | €0 | -€27,232 | -100.0% |
| Accrued charges and deferred income | 492/3 | €323 | €9,870 | +€9,547 | +2952.8% |
| Non-recurring operating income | 76A | €233,016 | €100,000 | -€133,016 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €265 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €32,688 | €11,525 | -€21,163 | -64.7% |
| Other operating charges | 640/8 | €19,501 | €44,215 | +€24,714 | +126.7% |
| Gross operating margin | 9900 | €208,732 | €16,558 | -€192,173 | -92.1% |
| Operating profit (loss) | 9901 | €156,277 | -€39,447 | -€195,724 | |
| Financial income | 75/76B | €2,304 | €5,697 | +€3,393 | +147.3% |
| Recurring financial income | 75 | €2,304 | €5,697 | +€3,393 | +147.3% |
| Financial charges | 65/66B | €25,126 | €76,223 | +€51,097 | +203.4% |
| Recurring financial charges | 65 | €25,126 | €76,223 | +€51,097 | +203.4% |
| Profit (loss) for the period before taxes | 9903 | €133,455 | -€109,973 | -€243,428 | |
| Income taxes | 67/77 | €25,731 | €1,705 | -€24,025 | -93.4% |
| Profit (loss) for the period | 9904 | €107,724 | -€111,679 | -€219,403 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,724 | -€111,679 | -€219,403 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.