SL COMPANY: 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 COMPANY
Largest movements
- Receivables within one year -€180,052
down €180,052 (-88.0%), from €204,513 to €24,461
of which Trade receivables: -€180,897
- Current investments +€75,000
up €75,000 (+214%), from €35,078 to €110,078
- Tangible fixed assets -€10,800
down €10,800 (-90.8%), from €11,895 to €1,095
of which Furniture and vehicles: -€10,484
- Cash +€4,748
up €4,748 (+14.9%), from €31,936 to €36,684
mainly Receivables within one year (+€180,052) and Net result for the year (+€66,014)
- Other debts -€161,363
no longer reported in 2025 (was €161,363)
- Profit (loss) carried forward +€66,014
new in 2025: €66,014
- Tax, wage and social debts -€10,598
down €10,598 (-40.9%), from €25,892 to €15,294
of which Taxes: -€10,433
- Debts after one year -€6,191
down €6,191 (-85.4%), from €7,248 to €1,056
- Gross operating margin -€129,666
down €129,666 (-56.1%), from €230,984 to €101,318
- Taxes -€32,967
down €32,967 (-56.6%), from €58,254 to €25,287
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 | €323,042 | €212,204 | -€110,838 | -34.3% |
| Fixed assets | 21/28 | €11,895 | €1,095 | -€10,800 | -90.8% |
| Tangible fixed assets | 22/27 | €11,895 | €1,095 | -€10,800 | -90.8% |
| Plant, machinery and equipment | 23 | €316 | - | -€316 | |
| Furniture and vehicles | 24 | €11,579 | €1,095 | -€10,484 | -90.5% |
| Current assets | 29/58 | €311,147 | €211,109 | -€100,038 | -32.2% |
| Amounts receivable after more than one year | 29 | €37,318 | €37,318 | = | 0.0% |
| Other amounts receivable | 291 | €37,318 | €37,318 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €204,513 | €24,461 | -€180,052 | -88.0% |
| Trade receivables | 40 | €200,000 | €19,103 | -€180,897 | -90.4% |
| Other amounts receivable | 41 | €4,513 | €5,358 | +€845 | +18.7% |
| Current investments | 50/53 | €35,078 | €110,078 | +€75,000 | +214% |
| Cash at bank and in hand | 54/58 | €31,936 | €36,684 | +€4,748 | +14.9% |
| Deferred charges and accrued income | 490/1 | €2,302 | €2,569 | +€266 | +11.6% |
| Total equity and liabilities | 10/49 | €323,042 | €212,204 | -€110,838 | -34.3% |
| Equity | 10/15 | €120,320 | €186,334 | +€66,014 | +54.9% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €118,720 | €118,720 | = | 0.0% |
| Distributable reserves | 133 | €118,720 | €118,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €66,014 | +€66,014 | |
| Amounts payable | 17/49 | €202,721 | €25,870 | -€176,852 | -87.2% |
| Amounts payable after more than one year | 17 | €7,248 | €1,056 | -€6,191 | -85.4% |
| Financial debts | 170/4 | €7,248 | €1,056 | -€6,191 | -85.4% |
| Amounts payable within one year | 42/48 | €195,474 | €24,813 | -€170,660 | -87.3% |
| Current portion of amounts payable after more than one year | 42 | €5,946 | €6,191 | +€245 | +4.1% |
| Trade debts | 44 | €2,273 | €3,328 | +€1,055 | +46.4% |
| Suppliers | 440/4 | €2,273 | €3,328 | +€1,055 | +46.4% |
| Taxes, remuneration and social security | 45 | €25,892 | €15,294 | -€10,598 | -40.9% |
| Taxes | 450/3 | €24,037 | €13,604 | -€10,433 | -43.4% |
| Remuneration and social security | 454/9 | €1,854 | €1,690 | -€164 | -8.9% |
| Other amounts payable | 47/48 | €161,363 | - | -€161,363 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,134 | €10,800 | -€334 | -3.0% |
| Other operating charges | 640/8 | €574 | €719 | +€145 | +25.2% |
| Gross operating margin | 9900 | €230,984 | €101,318 | -€129,666 | -56.1% |
| Operating profit (loss) | 9901 | €219,276 | €89,799 | -€129,477 | -59.0% |
| Financial income | 75/76B | €1,109 | €2,049 | +€941 | +84.8% |
| Recurring financial income | 75 | €1,109 | €2,049 | +€941 | +84.8% |
| Financial charges | 65/66B | €768 | €548 | -€220 | -28.7% |
| Recurring financial charges | 65 | €768 | €547 | -€220 | -28.7% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €219,617 | €91,301 | -€128,316 | -58.4% |
| Income taxes | 67/77 | €58,254 | €25,287 | -€32,967 | -56.6% |
| Profit (loss) for the period | 9904 | €161,363 | €66,014 | -€95,349 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €161,363 | €66,014 | -€95,349 | -59.1% |
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 24 October 2026 via checked.be.