SL FINANCIAL SERVICES: 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 FINANCIAL SERVICES
Largest movements
- Cash -€30,450
down €30,450 (-28.1%), from €108,198 to €77,748
mainly Other debts (-€119,830) and Contributions, distributions and other (-€18,500)
- Receivables within one year +€16,276
up €16,276 (+33.3%), from €48,892 to €65,168
of which Trade receivables: +€48,279
- Tangible fixed assets +€1,641
up €1,641 (+49.8%), from €3,297 to €4,938
of which Other tangible fixed assets: +€2,975
- Other debts -€119,830
down €119,830 (-88.8%), from €135,000 to €15,170
- Profit (loss) carried forward +€78,178
up €78,178 (+600%), from €13,034 to €91,212
- Tax, wage and social debts +€27,390
up €27,390 (+350%), from €7,834 to €35,224
- Gross operating margin +€67,307
up €67,307 (+108%), from €62,205 to €129,512
- Taxes +€16,173
up €16,173 (+113%), from €14,324 to €30,497
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 | €162,750 | €148,827 | -€13,923 | -8.6% |
| Fixed assets | 21/28 | €3,447 | €5,088 | +€1,641 | +47.6% |
| Tangible fixed assets | 22/27 | €3,297 | €4,938 | +€1,641 | +49.8% |
| Plant, machinery and equipment | 23 | €890 | €479 | -€411 | -46.2% |
| Furniture and vehicles | 24 | €2,407 | €1,484 | -€922 | -38.3% |
| Other tangible fixed assets | 26 | - | €2,975 | +€2,975 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €159,303 | €143,739 | -€15,565 | -9.8% |
| Amounts receivable within one year | 40/41 | €48,892 | €65,168 | +€16,276 | +33.3% |
| Trade receivables | 40 | - | €48,279 | +€48,279 | |
| Other amounts receivable | 41 | €48,892 | €16,889 | -€32,003 | -65.5% |
| Cash at bank and in hand | 54/58 | €108,198 | €77,748 | -€30,450 | -28.1% |
| Deferred charges and accrued income | 490/1 | €2,213 | €823 | -€1,390 | -62.8% |
| Total equity and liabilities | 10/49 | €162,750 | €148,827 | -€13,923 | -8.6% |
| Equity | 10/15 | €19,034 | €97,212 | +€78,178 | +411% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,034 | €91,212 | +€78,178 | +600% |
| Amounts payable | 17/49 | €143,716 | €51,615 | -€92,101 | -64.1% |
| Amounts payable within one year | 42/48 | €143,716 | €51,615 | -€92,101 | -64.1% |
| Trade debts | 44 | €882 | €1,222 | +€339 | +38.5% |
| Suppliers | 440/4 | €882 | €1,222 | +€339 | +38.5% |
| Taxes, remuneration and social security | 45 | €7,834 | €35,224 | +€27,390 | +350% |
| Taxes | 450/3 | €7,834 | €35,224 | +€27,390 | +350% |
| Other amounts payable | 47/48 | €135,000 | €15,170 | -€119,830 | -88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,005 | €1,859 | +€854 | +85.0% |
| Other operating charges | 640/8 | €685 | €725 | +€41 | +6.0% |
| Gross operating margin | 9900 | €62,205 | €129,512 | +€67,307 | +108% |
| Operating profit (loss) | 9901 | €60,516 | €126,928 | +€66,412 | +110% |
| Financial income | 75/76B | €387 | €639 | +€252 | +65.0% |
| Recurring financial income | 75 | €387 | €639 | +€252 | +65.0% |
| Financial charges | 65/66B | €360 | €392 | +€32 | +8.9% |
| Recurring financial charges | 65 | €360 | €392 | +€32 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €60,543 | €127,175 | +€66,632 | +110% |
| Income taxes | 67/77 | €14,324 | €30,497 | +€16,173 | +113% |
| Profit (loss) for the period | 9904 | €46,219 | €96,678 | +€50,458 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €46,219 | €96,678 | +€50,458 | +109% |
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 20 October 2026 via checked.be.