SL Count: 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 Count
Largest movements
- Financial fixed assets +€14,875
up €14,875 (+9.7%), from €152,777 to €167,652
- Receivables within one year +€8,751
up €8,751 (+36.2%), from €24,159 to €32,910
- Cash -€7,280
down €7,280 (-17.9%), from €40,700 to €33,421
mainly Debts after one year (-€24,320) and Investment in fixed assets (net) (-€17,350)
- Reserves +€41,503
up €41,503 (+30.0%), from €138,131 to €179,634
- Debts after one year -€24,320
down €24,320 (-70.5%), from €34,514 to €10,194
- Other debts +€3,217
up €3,217 (+670.8%), from €480 to €3,697
- Gross operating margin -€3,777
down €3,777 (-5.5%), from €68,767 to €64,991
- Taxes -€1,570
down €1,570 (-8.2%), from €19,070 to €17,499
- Financial charges +€1,134
up €1,134 (+88.6%), from €1,280 to €2,415
- Depreciation +€807
up €807 (+283.9%), from €284 to €1,091
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 | €220,383 | €238,127 | +€17,744 | +8.1% |
| Fixed assets | 21/28 | €155,181 | €171,440 | +€16,259 | +10.5% |
| Tangible fixed assets | 22/27 | €2,403 | €3,787 | +€1,384 | +57.6% |
| Plant, machinery and equipment | 23 | €2,403 | €3,787 | +€1,384 | +57.6% |
| Financial fixed assets | 28 | €152,777 | €167,652 | +€14,875 | +9.7% |
| Current assets | 29/58 | €65,202 | €66,687 | +€1,485 | +2.3% |
| Amounts receivable within one year | 40/41 | €24,159 | €32,910 | +€8,751 | +36.2% |
| Trade receivables | 40 | €24,159 | €32,910 | +€8,751 | +36.2% |
| Cash at bank and in hand | 54/58 | €40,700 | €33,421 | -€7,280 | -17.9% |
| Deferred charges and accrued income | 490/1 | €343 | €356 | +€13 | +3.9% |
| Total equity and liabilities | 10/49 | €220,383 | €238,127 | +€17,744 | +8.1% |
| Equity | 10/15 | €139,131 | €180,634 | +€41,503 | +29.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €138,131 | €179,634 | +€41,503 | +30.0% |
| Distributable reserves | 133 | €138,131 | €179,634 | +€41,503 | +30.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,251 | €57,492 | -€23,759 | -29.2% |
| Amounts payable after more than one year | 17 | €34,514 | €10,194 | -€24,320 | -70.5% |
| Financial debts | 170/4 | €34,514 | €10,194 | -€24,320 | -70.5% |
| Amounts payable within one year | 42/48 | €46,737 | €47,226 | +€489 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €24,116 | €24,320 | +€204 | +0.8% |
| Financial debts | 43 | €5,062 | €5,055 | -€7 | -0.1% |
| Credit institutions | 430/8 | €5,062 | €5,055 | -€7 | -0.1% |
| Trade debts | 44 | €2,136 | €390 | -€1,746 | -81.7% |
| Suppliers | 440/4 | €2,136 | €390 | -€1,746 | -81.7% |
| Taxes, remuneration and social security | 45 | €14,942 | €13,764 | -€1,178 | -7.9% |
| Taxes | 450/3 | €14,942 | €13,764 | -€1,178 | -7.9% |
| Other amounts payable | 47/48 | €480 | €3,697 | +€3,217 | +670.8% |
| Accrued charges and deferred income | 492/3 | - | €72 | +€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €1,091 | +€807 | +283.9% |
| Other operating charges | 640/8 | €967 | €817 | -€150 | -15.5% |
| Gross operating margin | 9900 | €68,767 | €64,991 | -€3,777 | -5.5% |
| Operating profit (loss) | 9901 | €67,516 | €63,083 | -€4,433 | -6.6% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €1,280 | €2,415 | +€1,134 | +88.6% |
| Recurring financial charges | 65 | €1,280 | €2,415 | +€1,134 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €66,245 | €60,668 | -€5,577 | -8.4% |
| Income taxes | 67/77 | €19,070 | €17,499 | -€1,570 | -8.2% |
| Profit (loss) for the period | 9904 | €47,175 | €43,169 | -€4,006 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,175 | €43,169 | -€4,006 | -8.5% |
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.