SL PROPERTIES: 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 PROPERTIES
Largest movements
- Receivables within one year +€128,035
up €128,035 (+194.5%), from €65,832 to €193,868
- Cash -€43,435
down €43,435 (-78.2%), from €55,517 to €12,082
mainly Receivables within one year (-€128,035) and Trade debts (-€34,975)
- Other debts +€107,053
up €107,053 (+13.4%), from €801,716 to €908,769
- Debts after one year +€40,789
up €40,789 (+1.7%), from €2.4m to €2.4m
of which Financial debts: +€40,789
- Trade debts -€34,975
down €34,975 (-93.6%), from €37,377 to €2,401
- Financial charges +€94,938
up €94,938 (+408.8%), from €23,222 to €118,160
- Gross operating margin +€72,598
up €72,598 (+173.8%), from €41,772 to €114,370
- Other operating charges +€14,099
up €14,099 (+303.7%), from €4,643 to €18,742
- Staff costs +€1,293
new in 2025: €1,293
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 | €3,247,673 | €3,337,267 | +€89,594 | +2.8% |
| Fixed assets | 21/28 | €3,121,750 | €3,128,068 | +€6,318 | +0.2% |
| Tangible fixed assets | 22/27 | €3,121,750 | €3,128,068 | +€6,318 | +0.2% |
| Land and buildings | 22 | €3,121,750 | €3,128,068 | +€6,318 | +0.2% |
| Current assets | 29/58 | €125,923 | €209,199 | +€83,276 | +66.1% |
| Amounts receivable within one year | 40/41 | €65,832 | €193,868 | +€128,035 | +194.5% |
| Other amounts receivable | 41 | €65,832 | €193,868 | +€128,035 | +194.5% |
| Cash at bank and in hand | 54/58 | €55,517 | €12,082 | -€43,435 | -78.2% |
| Deferred charges and accrued income | 490/1 | €4,573 | €3,249 | -€1,324 | -28.9% |
| Total equity and liabilities | 10/49 | €3,247,673 | €3,337,267 | +€89,594 | +2.8% |
| Equity | 10/15 | €25,418 | €1,692 | -€23,727 | -93.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,582 | -€28,308 | -€23,727 | -517.8% |
| Amounts payable | 17/49 | €3,222,255 | €3,335,575 | +€113,320 | +3.5% |
| Amounts payable after more than one year | 17 | €2,374,405 | €2,415,193 | +€40,789 | +1.7% |
| Financial debts | 170/4 | €2,364,999 | €2,405,787 | +€40,789 | +1.7% |
| Other amounts payable | 178/9 | €9,406 | €9,406 | = | 0.0% |
| Amounts payable within one year | 42/48 | €847,850 | €920,382 | +€72,532 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €8,758 | €9,211 | +€454 | +5.2% |
| Trade debts | 44 | €37,377 | €2,401 | -€34,975 | -93.6% |
| Suppliers | 440/4 | €37,377 | €2,401 | -€34,975 | -93.6% |
| Other amounts payable | 47/48 | €801,716 | €908,769 | +€107,053 | +13.4% |
| Remuneration, social security and pensions | 62 | - | €1,293 | +€1,293 | |
| Other operating charges | 640/8 | €4,643 | €18,742 | +€14,099 | +303.7% |
| Gross operating margin | 9900 | €41,772 | €114,370 | +€72,598 | +173.8% |
| Operating profit (loss) | 9901 | €37,129 | €94,335 | +€57,206 | +154.1% |
| Financial income | 75/76B | €746 | €98 | -€648 | -86.8% |
| Recurring financial income | 75 | €746 | €98 | -€648 | -86.8% |
| Financial charges | 65/66B | €23,222 | €118,160 | +€94,938 | +408.8% |
| Recurring financial charges | 65 | €23,222 | €118,160 | +€94,938 | +408.8% |
| Profit (loss) for the period before taxes | 9903 | €14,653 | -€23,727 | -€38,380 | |
| Profit (loss) for the period | 9904 | €14,653 | -€23,727 | -€38,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,653 | -€23,727 | -€38,380 |
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 2 October 2026 via checked.be.