SL Advice: 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.
SL Advice
Largest movements
- Cash +€6,454
up €6,454 (+30.1%), from €21,420 to €27,875
mainly Net result for the year (+€2,044) and Depreciation (+€1,930)
- Tangible fixed assets -€1,930
down €1,930 (-37.5%), from €5,140 to €3,210
of which Furniture and vehicles: -€1,023
- Receivables within one year -€1,797
no longer reported in 2025 (was €1,797)
- Receivables after one year -€1,200
down €1,200 (-14.8%), from €8,100 to €6,900
- Reserves +€2,044
up €2,044 (+7.9%), from €25,829 to €27,872
- Gross operating margin +€455
up €455 (+8.2%), from €5,525 to €5,981
- Taxes +€181
up €181 (+15.0%), from €1,203 to €1,384
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 | €36,457 | €37,985 | +€1,528 | +4.2% |
| Fixed assets | 21/28 | €5,140 | €3,210 | -€1,930 | -37.5% |
| Tangible fixed assets | 22/27 | €5,140 | €3,210 | -€1,930 | -37.5% |
| Plant, machinery and equipment | 23 | €1,304 | €397 | -€907 | -69.6% |
| Furniture and vehicles | 24 | €3,836 | €2,813 | -€1,023 | -26.7% |
| Current assets | 29/58 | €31,317 | €34,775 | +€3,457 | +11.0% |
| Amounts receivable after more than one year | 29 | €8,100 | €6,900 | -€1,200 | -14.8% |
| Other amounts receivable | 291 | €8,100 | €6,900 | -€1,200 | -14.8% |
| Amounts receivable within one year | 40/41 | €1,797 | - | -€1,797 | |
| Other amounts receivable | 41 | €1,797 | - | -€1,797 | |
| Cash at bank and in hand | 54/58 | €21,420 | €27,875 | +€6,454 | +30.1% |
| Total equity and liabilities | 10/49 | €36,457 | €37,985 | +€1,528 | +4.2% |
| Equity | 10/15 | €29,829 | €31,872 | +€2,044 | +6.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €25,829 | €27,872 | +€2,044 | +7.9% |
| Distributable reserves | 133 | €25,829 | €27,872 | +€2,044 | +7.9% |
| Amounts payable | 17/49 | €6,628 | €6,112 | -€516 | -7.8% |
| Amounts payable within one year | 42/48 | €6,628 | €6,112 | -€516 | -7.8% |
| Trade debts | 44 | €4,493 | €4,190 | -€303 | -6.7% |
| Suppliers | 440/4 | €4,493 | €4,190 | -€303 | -6.7% |
| Taxes, remuneration and social security | 45 | €2,136 | €1,922 | -€213 | -10.0% |
| Taxes | 450/3 | €2,136 | €1,922 | -€213 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,930 | €1,930 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €5,525 | €5,981 | +€455 | +8.2% |
| Operating profit (loss) | 9901 | €3,090 | €3,531 | +€441 | +14.3% |
| Financial charges | 65/66B | €99 | €104 | +€5 | +4.9% |
| Recurring financial charges | 65 | €99 | €104 | +€5 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €2,992 | €3,428 | +€436 | +14.6% |
| Income taxes | 67/77 | €1,203 | €1,384 | +€181 | +15.0% |
| Profit (loss) for the period | 9904 | €1,789 | €2,044 | +€255 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,789 | €2,044 | +€255 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.