SL Elektro: 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 Elektro
Largest movements
- Receivables within one year -€12,470
down €12,470 (-41.6%), from €29,989 to €17,519
of which Trade receivables: -€14,554
- Tangible fixed assets -€8,164
down €8,164 (-58.0%), from €14,088 to €5,923
of which Furniture and vehicles: -€8,918
- Cash +€2,841
new in 2025: €2,841
mainly Receivables within one year (+€12,470) and Net result for the year (+€4,524)
- Deferred charges and accrued income +€501
up €501 (+79.5%), from €630 to €1,131
- Short-term financial debts -€8,922
no longer reported in 2025 (was €8,922)
- Current portion of long-term debt -€5,629
down €5,629 (-74.7%), from €7,531 to €1,903
- Tax, wage and social debts -€5,226
down €5,226 (-79.6%), from €6,565 to €1,339
- Reserves +€4,524
up €4,524 (+31.2%), from €14,490 to €19,014
- Debts after one year -€1,903
no longer reported in 2025 (was €1,903)
- Gross operating margin -€9,937
down €9,937 (-42.2%), from €23,548 to €13,611
- Depreciation -€2,378
down €2,378 (-37.0%), from €6,421 to €4,043
- Taxes -€1,828
down €1,828 (-35.4%), from €5,167 to €3,339
- Financial income -€446
down €446 (-51.7%), from €864 to €417
- Other operating charges +€383
up €383 (+34.0%), from €1,126 to €1,509
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 | €46,140 | €28,647 | -€17,493 | -37.9% |
| Fixed assets | 21/28 | €15,521 | €7,157 | -€8,364 | -53.9% |
| Intangible fixed assets | 21 | €1,433 | €1,233 | -€200 | -14.0% |
| Tangible fixed assets | 22/27 | €14,088 | €5,923 | -€8,164 | -58.0% |
| Plant, machinery and equipment | 23 | €495 | €1,248 | +€754 | +152.4% |
| Furniture and vehicles | 24 | €13,593 | €4,675 | -€8,918 | -65.6% |
| Current assets | 29/58 | €30,619 | €21,491 | -€9,129 | -29.8% |
| Amounts receivable within one year | 40/41 | €29,989 | €17,519 | -€12,470 | -41.6% |
| Trade receivables | 40 | €26,918 | €12,364 | -€14,554 | -54.1% |
| Other amounts receivable | 41 | €3,071 | €5,154 | +€2,084 | +67.8% |
| Cash at bank and in hand | 54/58 | - | €2,841 | +€2,841 | |
| Deferred charges and accrued income | 490/1 | €630 | €1,131 | +€501 | +79.5% |
| Total equity and liabilities | 10/49 | €46,140 | €28,647 | -€17,493 | -37.9% |
| Equity | 10/15 | €16,990 | €21,514 | +€4,524 | +26.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,490 | €19,014 | +€4,524 | +31.2% |
| Distributable reserves | 133 | €14,490 | €19,014 | +€4,524 | +31.2% |
| Amounts payable | 17/49 | €29,150 | €7,133 | -€22,017 | -75.5% |
| Amounts payable after more than one year | 17 | €1,903 | - | -€1,903 | |
| Financial debts | 170/4 | €1,903 | - | -€1,903 | |
| Amounts payable within one year | 42/48 | €27,247 | €7,133 | -€20,114 | -73.8% |
| Current portion of amounts payable after more than one year | 42 | €7,531 | €1,903 | -€5,629 | -74.7% |
| Financial debts | 43 | €8,922 | - | -€8,922 | |
| Credit institutions | 430/8 | €8,922 | - | -€8,922 | |
| Trade debts | 44 | €4,229 | €3,891 | -€338 | -8.0% |
| Suppliers | 440/4 | €4,229 | €3,891 | -€338 | -8.0% |
| Taxes, remuneration and social security | 45 | €6,565 | €1,339 | -€5,226 | -79.6% |
| Taxes | 450/3 | €6,565 | €1,339 | -€5,226 | -79.6% |
| Non-recurring operating income | 76A | - | €428 | +€428 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,421 | €4,043 | -€2,378 | -37.0% |
| Other operating charges | 640/8 | €1,126 | €1,509 | +€383 | +34.0% |
| Gross operating margin | 9900 | €23,548 | €13,611 | -€9,937 | -42.2% |
| Operating profit (loss) | 9901 | €16,001 | €8,059 | -€7,942 | -49.6% |
| Financial income | 75/76B | €864 | €417 | -€446 | -51.7% |
| Recurring financial income | 75 | €864 | €417 | -€446 | -51.7% |
| Financial charges | 65/66B | €970 | €614 | -€357 | -36.7% |
| Recurring financial charges | 65 | €970 | €614 | -€357 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €15,895 | €7,863 | -€8,032 | -50.5% |
| Income taxes | 67/77 | €5,167 | €3,339 | -€1,828 | -35.4% |
| Profit (loss) for the period | 9904 | €10,727 | €4,524 | -€6,203 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,727 | €4,524 | -€6,203 | -57.8% |
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 6 October 2026 via checked.be.