SL CONSULT: 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 CONSULT
Largest movements
- Cash +€16,580
up €16,580 (+111.6%), from €14,855 to €31,435
mainly Net result for the year (+€18,264) and Other debts (+€6,452)
- Current investments +€5,000
up €5,000 (+14.3%), from €35,000 to €40,000
- Reserves +€10,414
up €10,414 (+29.8%), from €34,968 to €45,382
- Other debts +€6,452
up €6,452 (+391.0%), from €1,650 to €8,102
- Tax, wage and social debts +€4,588
up €4,588 (+255.0%), from €1,799 to €6,387
- Gross operating margin +€6,676
up €6,676 (+29.3%), from €22,816 to €29,492
- Taxes +€1,878
up €1,878 (+30.5%), from €6,154 to €8,032
- Financial charges +€1,270
up €1,270 (+121.8%), from €1,043 to €2,313
- Other operating charges -€862
down €862 (-50.2%), from €1,717 to €855
- Financial income +€377
up €377 (+2513.3%), from €15 to €392
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 | €57,336 | €78,674 | +€21,338 | +37.2% |
| Fixed assets | 21/28 | €420 | - | -€420 | |
| Tangible fixed assets | 22/27 | €420 | - | -€420 | |
| Furniture and vehicles | 24 | €420 | - | -€420 | |
| Current assets | 29/58 | €56,916 | €78,674 | +€21,758 | +38.2% |
| Amounts receivable within one year | 40/41 | €6,360 | €6,989 | +€629 | +9.9% |
| Trade receivables | 40 | €6,360 | €6,989 | +€629 | +9.9% |
| Current investments | 50/53 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €14,855 | €31,435 | +€16,580 | +111.6% |
| Deferred charges and accrued income | 490/1 | €701 | €250 | -€451 | -64.3% |
| Total equity and liabilities | 10/49 | €57,336 | €78,674 | +€21,338 | +37.2% |
| Equity | 10/15 | €53,568 | €63,982 | +€10,414 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,968 | €45,382 | +€10,414 | +29.8% |
| Distributable reserves | 133 | €34,968 | €45,382 | +€10,414 | +29.8% |
| Amounts payable | 17/49 | €3,768 | €14,692 | +€10,924 | +289.9% |
| Amounts payable within one year | 42/48 | €3,768 | €14,692 | +€10,924 | +289.9% |
| Trade debts | 44 | €319 | €203 | -€116 | -36.4% |
| Suppliers | 440/4 | €319 | €203 | -€116 | -36.4% |
| Taxes, remuneration and social security | 45 | €1,799 | €6,387 | +€4,588 | +255.0% |
| Taxes | 450/3 | €1,799 | €6,387 | +€4,588 | +255.0% |
| Other amounts payable | 47/48 | €1,650 | €8,102 | +€6,452 | +391.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €420 | -€281 | -40.1% |
| Other operating charges | 640/8 | €1,717 | €855 | -€862 | -50.2% |
| Gross operating margin | 9900 | €22,816 | €29,492 | +€6,676 | +29.3% |
| Operating profit (loss) | 9901 | €20,398 | €28,217 | +€7,819 | +38.3% |
| Financial income | 75/76B | €15 | €392 | +€377 | +2513.3% |
| Recurring financial income | 75 | €15 | €392 | +€377 | +2513.3% |
| Financial charges | 65/66B | €1,043 | €2,313 | +€1,270 | +121.8% |
| Recurring financial charges | 65 | €1,043 | €2,313 | +€1,270 | +121.8% |
| Profit (loss) for the period before taxes | 9903 | €19,370 | €26,296 | +€6,926 | +35.8% |
| Income taxes | 67/77 | €6,154 | €8,032 | +€1,878 | +30.5% |
| Profit (loss) for the period | 9904 | €13,216 | €18,264 | +€5,048 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,216 | €18,264 | +€5,048 | +38.2% |
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 5 October 2026 via checked.be.