SL KIDS: 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 KIDS
Largest movements
- Receivables after one year +€42,500
up €42,500 (+425%), from €10,000 to €52,500
- Tangible fixed assets -€35,288
down €35,288 (-53.3%), from €66,242 to €30,954
of which Other tangible fixed assets: -€33,581
- Cash +€31,404
up €31,404 (+16.3%), from €192,881 to €224,285
mainly Net result for the year (+€92,622) and Other debts (+€50,613)
- Formation expenses -€7,358
down €7,358 (-94.8%), from €7,759 to €400
- Other debts +€50,613
up €50,613 (+73.4%), from €68,995 to €119,607
- Debts after one year -€23,084
down €23,084 (-22.7%), from €101,737 to €78,653
- Trade debts -€12,915
down €12,915 (-80.5%), from €16,051 to €3,136
- Accrued charges and deferred income -€10,541
down €10,541 (-69.7%), from €15,123 to €4,582
- Tax, wage and social debts +€8,672
up €8,672 (+26.2%), from €33,059 to €41,731
of which Remuneration and social security: +€5,728
- Gross operating margin +€116,444
up €116,444 (+40.3%), from €289,026 to €405,469
- Staff costs +€64,826
up €64,826 (+46.7%), from €138,785 to €203,611
- Taxes +€15,159
up €15,159 (+101%), from €14,992 to €30,150
- Other operating charges -€5,199
down €5,199 (-14.9%), from €34,975 to €29,776
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 | €296,321 | €324,148 | +€27,827 | +9.4% |
| Formation expenses | 20 | €7,759 | €400 | -€7,358 | -94.8% |
| Fixed assets | 21/28 | €66,242 | €31,159 | -€35,083 | -53.0% |
| Tangible fixed assets | 22/27 | €66,242 | €30,954 | -€35,288 | -53.3% |
| Furniture and vehicles | 24 | €19,251 | €17,544 | -€1,707 | -8.9% |
| Other tangible fixed assets | 26 | €46,991 | €13,410 | -€33,581 | -71.5% |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €222,320 | €292,589 | +€70,269 | +31.6% |
| Amounts receivable after more than one year | 29 | €10,000 | €52,500 | +€42,500 | +425% |
| Other amounts receivable | 291 | €10,000 | €52,500 | +€42,500 | +425% |
| Stocks and contracts in progress | 3 | €7,720 | €7,355 | -€365 | -4.7% |
| Stocks | 30/36 | €7,720 | €7,355 | -€365 | -4.7% |
| Amounts receivable within one year | 40/41 | €7,638 | €6,313 | -€1,325 | -17.3% |
| Trade receivables | 40 | €3,952 | €4,257 | +€305 | +7.7% |
| Other amounts receivable | 41 | €3,686 | €2,056 | -€1,630 | -44.2% |
| Cash at bank and in hand | 54/58 | €192,881 | €224,285 | +€31,404 | +16.3% |
| Deferred charges and accrued income | 490/1 | €4,081 | €2,136 | -€1,945 | -47.7% |
| Total equity and liabilities | 10/49 | €296,321 | €324,148 | +€27,827 | +9.4% |
| Equity | 10/15 | €38,673 | €46,295 | +€7,622 | +19.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,673 | €45,295 | +€7,622 | +20.2% |
| Amounts payable | 17/49 | €257,648 | €277,853 | +€20,205 | +7.8% |
| Amounts payable after more than one year | 17 | €101,737 | €78,653 | -€23,084 | -22.7% |
| Financial debts | 170/4 | €101,737 | €78,653 | -€23,084 | -22.7% |
| Amounts payable within one year | 42/48 | €140,789 | €194,618 | +€53,830 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €22,684 | €24,310 | +€1,626 | +7.2% |
| Trade debts | 44 | €16,051 | €3,136 | -€12,915 | -80.5% |
| Suppliers | 440/4 | €16,051 | €3,136 | -€12,915 | -80.5% |
| Advances received on contracts in progress | 46 | - | €5,834 | +€5,834 | |
| Taxes, remuneration and social security | 45 | €33,059 | €41,731 | +€8,672 | +26.2% |
| Taxes | 450/3 | €22,915 | €25,858 | +€2,944 | +12.8% |
| Remuneration and social security | 454/9 | €10,144 | €15,873 | +€5,728 | +56.5% |
| Other amounts payable | 47/48 | €68,995 | €119,607 | +€50,613 | +73.4% |
| Accrued charges and deferred income | 492/3 | €15,123 | €4,582 | -€10,541 | -69.7% |
| Remuneration, social security and pensions | 62 | €138,785 | €203,611 | +€64,826 | +46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,443 | €45,089 | -€354 | -0.8% |
| Other operating charges | 640/8 | €34,975 | €29,776 | -€5,199 | -14.9% |
| Gross operating margin | 9900 | €289,026 | €405,469 | +€116,444 | +40.3% |
| Operating profit (loss) | 9901 | €69,823 | €126,994 | +€57,171 | +81.9% |
| Financial income | 75/76B | €141 | €657 | +€515 | +365% |
| Recurring financial income | 75 | €141 | €657 | +€515 | +365% |
| Financial charges | 65/66B | €5,170 | €4,878 | -€292 | -5.6% |
| Recurring financial charges | 65 | €5,170 | €4,878 | -€292 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €64,794 | €122,773 | +€57,979 | +89.5% |
| Income taxes | 67/77 | €14,992 | €30,150 | +€15,159 | +101% |
| Profit (loss) for the period | 9904 | €49,802 | €92,622 | +€42,820 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,802 | €92,622 | +€42,820 | +86.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.