SL AGENCY: 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.
SL AGENCY
Largest movements
- Cash +€99,230
up €99,230 (+107%), from €93,000 to €192,230
mainly Other debts (+€157,805) and Net result for the year (+€153,920)
- Receivables within one year -€88,377
down €88,377 (-26.3%), from €335,924 to €247,548
of which Trade receivables: -€44,995
- Intangible fixed assets +€12,397
new in 2025: €12,397
- Other debts +€157,805
up €157,805 (+276%), from €57,160 to €214,965
- Reserves -€90,000
down €90,000 (-29.3%), from €307,600 to €217,600
- Current portion of long-term debt -€30,046
no longer reported in 2025 (was €30,046)
- Tax, wage and social debts -€6,471
down €6,471 (-15.5%), from €41,703 to €35,232
- Trade debts -€5,515
down €5,515 (-90.6%), from €6,088 to €573
- Gross operating margin +€99,318
up €99,318 (+94.7%), from €104,830 to €204,148
- Taxes +€29,442
up €29,442 (+119%), from €24,719 to €54,161
- Financial income +€10,222
up €10,222 (+238%), from €4,299 to €14,520
- Other operating charges -€5,218
down €5,218 (-79.0%), from €6,609 to €1,391
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 | €444,621 | €470,414 | +€25,793 | +5.8% |
| Fixed assets | 21/28 | €15,138 | €25,841 | +€10,703 | +70.7% |
| Intangible fixed assets | 21 | - | €12,397 | +€12,397 | |
| Tangible fixed assets | 22/27 | €14,923 | €13,229 | -€1,694 | -11.4% |
| Plant, machinery and equipment | 23 | €209 | €77 | -€132 | -63.1% |
| Furniture and vehicles | 24 | €9,339 | €9,446 | +€107 | +1.1% |
| Other tangible fixed assets | 26 | €5,375 | €3,706 | -€1,669 | -31.1% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €429,483 | €444,573 | +€15,090 | +3.5% |
| Amounts receivable within one year | 40/41 | €335,924 | €247,548 | -€88,377 | -26.3% |
| Trade receivables | 40 | €83,193 | €38,198 | -€44,995 | -54.1% |
| Other amounts receivable | 41 | €252,731 | €209,350 | -€43,381 | -17.2% |
| Current investments | 50/53 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €93,000 | €192,230 | +€99,230 | +107% |
| Deferred charges and accrued income | 490/1 | €559 | €795 | +€236 | +42.3% |
| Total equity and liabilities | 10/49 | €444,621 | €470,414 | +€25,793 | +5.8% |
| Equity | 10/15 | €309,625 | €219,645 | -€89,980 | -29.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €307,600 | €217,600 | -€90,000 | -29.3% |
| Distributable reserves | 133 | €307,600 | €217,600 | -€90,000 | -29.3% |
| Profit (loss) carried forward | 14 | €25 | €45 | +€20 | +80.1% |
| Amounts payable | 17/49 | €134,997 | €250,770 | +€115,773 | +85.8% |
| Amounts payable within one year | 42/48 | €134,997 | €250,770 | +€115,773 | +85.8% |
| Current portion of amounts payable after more than one year | 42 | €30,046 | - | -€30,046 | |
| Trade debts | 44 | €6,088 | €573 | -€5,515 | -90.6% |
| Suppliers | 440/4 | €6,088 | €573 | -€5,515 | -90.6% |
| Taxes, remuneration and social security | 45 | €41,703 | €35,232 | -€6,471 | -15.5% |
| Taxes | 450/3 | €41,703 | €35,232 | -€6,471 | -15.5% |
| Other amounts payable | 47/48 | €57,160 | €214,965 | +€157,805 | +276% |
| Remuneration, social security and pensions | 62 | -€320 | - | +€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,978 | €8,939 | +€1,960 | +28.1% |
| Other operating charges | 640/8 | €6,609 | €1,391 | -€5,218 | -79.0% |
| Gross operating margin | 9900 | €104,830 | €204,148 | +€99,318 | +94.7% |
| Operating profit (loss) | 9901 | €91,563 | €193,818 | +€102,256 | +112% |
| Financial income | 75/76B | €4,299 | €14,520 | +€10,222 | +238% |
| Recurring financial income | 75 | €4,299 | €14,520 | +€10,222 | +238% |
| Financial charges | 65/66B | €314 | €258 | -€56 | -17.8% |
| Recurring financial charges | 65 | €314 | €258 | -€56 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €95,547 | €208,080 | +€112,534 | +118% |
| Income taxes | 67/77 | €24,719 | €54,161 | +€29,442 | +119% |
| Profit (loss) for the period | 9904 | €70,828 | €153,920 | +€83,092 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €70,828 | €153,920 | +€83,092 | +117% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.