SL RENOVATION: 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 RENOVATION
Largest movements
- Receivables within one year +€33,689
up €33,689 (+104%), from €32,299 to €65,988
of which Trade receivables: +€33,962
- Cash -€13,323
down €13,323 (-61.8%), from €21,547 to €8,224
mainly Receivables within one year (-€33,689) and Contributions, distributions and other (-€1)
- Trade debts +€14,558
up €14,558 (+68.4%), from €21,280 to €35,838
- Profit (loss) carried forward +€2,723
up €2,723 (+9.3%), from €29,268 to €31,991
- Tax, wage and social debts +€2,659
up €2,659, from €0 to €2,659
- Gross operating margin -€55,291
down €55,291 (-84.2%), from €65,670 to €10,379
- Taxes -€9,150
down €9,150 (-66.8%), from €13,700 to €4,550
- Other operating charges +€874
up €874 (+53.0%), from €1,650 to €2,524
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,548 | €106,488 | +€19,940 | +23.0% |
| Fixed assets | 21/28 | €221 | €0 | -€221 | -100% |
| Tangible fixed assets | 22/27 | €221 | €0 | -€221 | -100% |
| Furniture and vehicles | 24 | €221 | €0 | -€221 | -100% |
| Current assets | 29/58 | €86,327 | €106,488 | +€20,161 | +23.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,299 | €65,988 | +€33,689 | +104% |
| Trade receivables | 40 | €31,893 | €65,855 | +€33,962 | +106% |
| Other amounts receivable | 41 | €406 | €133 | -€273 | -67.2% |
| Cash at bank and in hand | 54/58 | €21,547 | €8,224 | -€13,323 | -61.8% |
| Deferred charges and accrued income | 490/1 | €2,481 | €2,276 | -€205 | -8.3% |
| Total equity and liabilities | 10/49 | €86,548 | €106,488 | +€19,940 | +23.0% |
| Equity | 10/15 | €32,568 | €35,291 | +€2,723 | +8.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,268 | €31,991 | +€2,723 | +9.3% |
| Amounts payable | 17/49 | €53,980 | €71,197 | +€17,217 | +31.9% |
| Amounts payable within one year | 42/48 | €46,280 | €63,497 | +€17,217 | +37.2% |
| Trade debts | 44 | €21,280 | €35,838 | +€14,558 | +68.4% |
| Suppliers | 440/4 | €21,280 | €35,838 | +€14,558 | +68.4% |
| Taxes, remuneration and social security | 45 | €0 | €2,659 | +€2,659 | |
| Taxes | 450/3 | €0 | €2,659 | +€2,659 | |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,700 | €7,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €221 | -€159 | -41.8% |
| Other operating charges | 640/8 | €1,650 | €2,524 | +€874 | +53.0% |
| Non-recurring operating charges | 66A | €8 | €361 | +€353 | +4,413% |
| Gross operating margin | 9900 | €65,670 | €10,379 | -€55,291 | -84.2% |
| Operating profit (loss) | 9901 | €63,632 | €7,273 | -€56,359 | -88.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €64 | €0 | -€64 | -100% |
| Recurring financial charges | 65 | €64 | €0 | -€64 | -100% |
| Profit (loss) for the period before taxes | 9903 | €63,568 | €7,274 | -€56,294 | -88.6% |
| Income taxes | 67/77 | €13,700 | €4,550 | -€9,150 | -66.8% |
| Profit (loss) for the period | 9904 | €49,868 | €2,724 | -€47,144 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,868 | €2,724 | -€47,144 | -94.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.