SJALOTTEKE: 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.
SJALOTTEKE
Largest movements
- Tangible fixed assets -€7,897
down €7,897 (-22.1%), from €35,676 to €27,779
- Receivables within one year +€4,380
up €4,380 (+12.9%), from €33,935 to €38,315
of which Trade receivables: +€3,449
- Cash -€2,680
no longer reported in 2025 (was €2,680)
mainly Other debts (-€23,899) and Current portion of long-term debt (-€18,506)
- Debts after one year +€29,518
up €29,518 (+27.9%), from €105,835 to €135,353
- Other debts -€23,899
no longer reported in 2025 (was €23,899)
- Current portion of long-term debt -€18,506
down €18,506 (-91.6%), from €20,203 to €1,697
- Short-term financial debts +€8,241
new in 2025: €8,241
- Profit (loss) carried forward -€7,818
down €7,818 (-7.3%), from -€107,368 to -€115,186
- Financial income -€11,954
down €11,954 (-99.6%), from €12,000 to €46
of which Non-recurring financial income: -€12,000
- Depreciation -€3,136
down €3,136 (-26.1%), from €11,998 to €8,862
- Gross operating margin +€1,255
up €1,255 (+37.2%), from €3,377 to €4,632
- Financial charges +€328
up €328 (+53.8%), from €609 to €937
- Taxes +€286
up €286 (+242%), from €118 to €404
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 | €92,296 | €86,661 | -€5,636 | -6.1% |
| Fixed assets | 21/28 | €37,205 | €29,308 | -€7,897 | -21.2% |
| Tangible fixed assets | 22/27 | €35,676 | €27,779 | -€7,897 | -22.1% |
| Land and buildings | 22 | €16,933 | €14,411 | -€2,522 | -14.9% |
| Plant, machinery and equipment | 23 | €8,854 | €5,916 | -€2,938 | -33.2% |
| Furniture and vehicles | 24 | €2,461 | €1,013 | -€1,448 | -58.9% |
| Other tangible fixed assets | 26 | €7,428 | €6,440 | -€988 | -13.3% |
| Financial fixed assets | 28 | €1,529 | €1,529 | = | 0.0% |
| Current assets | 29/58 | €55,092 | €57,353 | +€2,261 | +4.1% |
| Amounts receivable within one year | 40/41 | €33,935 | €38,315 | +€4,380 | +12.9% |
| Trade receivables | 40 | €33,935 | €37,384 | +€3,449 | +10.2% |
| Other amounts receivable | 41 | - | €931 | +€931 | |
| Cash at bank and in hand | 54/58 | €2,680 | - | -€2,680 | |
| Deferred charges and accrued income | 490/1 | €18,477 | €19,038 | +€561 | +3.0% |
| Total equity and liabilities | 10/49 | €92,296 | €86,661 | -€5,636 | -6.1% |
| Equity | 10/15 | -€85,044 | -€92,863 | -€7,818 | -9.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €1,873 | €1,873 | = | 0.0% |
| Distributable reserves | 133 | €1,873 | €1,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,368 | -€115,186 | -€7,818 | -7.3% |
| Amounts payable | 17/49 | €177,341 | €179,524 | +€2,183 | +1.2% |
| Amounts payable after more than one year | 17 | €105,835 | €135,353 | +€29,518 | +27.9% |
| Financial debts | 170/4 | €105,835 | €135,353 | +€29,518 | +27.9% |
| Amounts payable within one year | 42/48 | €71,506 | €44,170 | -€27,336 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €20,203 | €1,697 | -€18,506 | -91.6% |
| Financial debts | 43 | - | €8,241 | +€8,241 | |
| Credit institutions | 430/8 | - | €8,241 | +€8,241 | |
| Trade debts | 44 | €4,243 | €3,801 | -€443 | -10.4% |
| Suppliers | 440/4 | €4,243 | €3,801 | -€443 | -10.4% |
| Advances received on contracts in progress | 46 | €17,000 | €17,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,161 | €13,432 | +€7,271 | +118% |
| Taxes | 450/3 | €2,961 | €6,532 | +€3,571 | +121% |
| Remuneration and social security | 454/9 | €3,200 | €6,900 | +€3,700 | +116% |
| Other amounts payable | 47/48 | €23,899 | - | -€23,899 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,998 | €8,862 | -€3,136 | -26.1% |
| Other operating charges | 640/8 | €2,242 | €2,293 | +€51 | +2.3% |
| Gross operating margin | 9900 | €3,377 | €4,632 | +€1,255 | +37.2% |
| Operating profit (loss) | 9901 | -€10,862 | -€6,523 | +€4,340 | +39.9% |
| Financial income | 75/76B | €12,000 | €46 | -€11,954 | -99.6% |
| Recurring financial income | 75 | €12,000 | €46 | -€11,954 | -99.6% |
| Non-recurring financial income | 76B | €12,000 | - | -€12,000 | |
| Financial charges | 65/66B | €609 | €937 | +€328 | +53.8% |
| Recurring financial charges | 65 | €609 | €937 | +€328 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €528 | -€7,415 | -€7,943 | |
| Income taxes | 67/77 | €118 | €404 | +€286 | +242% |
| Profit (loss) for the period | 9904 | €410 | -€7,818 | -€8,228 | |
| Profit (loss) for the period to be appropriated | 9905 | €410 | -€7,818 | -€8,228 |
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 30 October 2026 via checked.be.