SL CORP: 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 CORP
Largest movements
- Receivables within one year -€59,593
down €59,593 (-39.3%), from €151,693 to €92,100
of which Trade receivables: -€68,817
- Tangible fixed assets +€25,847
up €25,847 (+719.6%), from €3,592 to €29,439
of which Furniture and vehicles: +€27,455
- Cash +€16,046
up €16,046 (+166.0%), from €9,668 to €25,714
mainly Receivables within one year (+€59,593) and Depreciation (+€15,222)
- Trade debts -€18,820
down €18,820 (-24.7%), from €76,081 to €57,261
- Profit (loss) carried forward +€11,394
up €11,394 (+28.5%), from €39,981 to €51,375
- Other debts -€10,354
down €10,354 (-35.4%), from €29,234 to €18,880
- Purchases and services +€117,496
up €117,496 (+52.5%), from €223,785 to €341,281
- Depreciation +€13,615
up €13,615 (+846.8%), from €1,608 to €15,222
- Gross operating margin -€9,834
down €9,834 (-17.4%), from €56,606 to €46,773
- Taxes -€4,331
down €4,331 (-38.9%), from €11,147 to €6,816
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 | €168,853 | €151,153 | -€17,699 | -10.5% |
| Fixed assets | 21/28 | €7,492 | €33,339 | +€25,847 | +345.0% |
| Tangible fixed assets | 22/27 | €3,592 | €29,439 | +€25,847 | +719.6% |
| Plant, machinery and equipment | 23 | €3,592 | €1,984 | -€1,608 | -44.8% |
| Furniture and vehicles | 24 | - | €27,455 | +€27,455 | |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €161,361 | €117,814 | -€43,546 | -27.0% |
| Amounts receivable within one year | 40/41 | €151,693 | €92,100 | -€59,593 | -39.3% |
| Trade receivables | 40 | €151,693 | €82,875 | -€68,817 | -45.4% |
| Other amounts receivable | 41 | - | €9,225 | +€9,225 | |
| Cash at bank and in hand | 54/58 | €9,668 | €25,714 | +€16,046 | +166.0% |
| Total equity and liabilities | 10/49 | €168,853 | €151,153 | -€17,699 | -10.5% |
| Equity | 10/15 | €44,981 | €56,375 | +€11,394 | +25.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,981 | €51,375 | +€11,394 | +28.5% |
| Amounts payable | 17/49 | €123,872 | €94,778 | -€29,094 | -23.5% |
| Amounts payable within one year | 42/48 | €123,872 | €94,778 | -€29,094 | -23.5% |
| Trade debts | 44 | €76,081 | €57,261 | -€18,820 | -24.7% |
| Suppliers | 440/4 | €76,081 | €57,261 | -€18,820 | -24.7% |
| Taxes, remuneration and social security | 45 | €18,556 | €18,637 | +€81 | +0.4% |
| Taxes | 450/3 | €18,556 | €18,637 | +€81 | +0.4% |
| Other amounts payable | 47/48 | €29,234 | €18,880 | -€10,354 | -35.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €223,785 | €341,281 | +€117,496 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €15,222 | +€13,615 | +846.8% |
| Other operating charges | 640/8 | €1,559 | €1,273 | -€286 | -18.4% |
| Non-recurring operating charges | 66A | €179 | €11,920 | +€11,741 | +6555.5% |
| Gross operating margin | 9900 | €56,606 | €46,773 | -€9,834 | -17.4% |
| Operating profit (loss) | 9901 | €53,260 | €18,358 | -€34,903 | -65.5% |
| Financial charges | 65/66B | €179 | €148 | -€31 | -17.3% |
| Recurring financial charges | 65 | €179 | €148 | -€31 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €53,082 | €18,210 | -€34,872 | -65.7% |
| Income taxes | 67/77 | €11,147 | €6,816 | -€4,331 | -38.9% |
| Profit (loss) for the period | 9904 | €41,935 | €11,394 | -€30,540 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,935 | €11,394 | -€30,540 | -72.8% |
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 11 October 2026 via checked.be.