SL TRADE: 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 TRADE
Largest movements
- Stocks and contracts +€650,000
new in 2024: €650,000
- Trade debts +€432,931
up €432,931 (+16,230%), from €2,668 to €435,599
- Other debts +€208,312
up €208,312 (+99.6%), from €209,111 to €417,423
- Gross operating margin +€8,644
up €8,644, from -€7,447 to €1,198
- Financial income +€8,358
new in 2024: €8,358
- Other operating charges +€3,259
up €3,259 (+86.9%), from €3,750 to €7,009
- Financial charges -€2,501
down €2,501 (-98.0%), from €2,552 to €51
- Depreciation -€1,242
down €1,242 (-26.5%), from €4,691 to €3,449
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,889 | €796,993 | +€639,104 | +405% |
| Fixed assets | 21/28 | €24,869 | €21,419 | -€3,449 | -13.9% |
| Tangible fixed assets | 22/27 | €22,362 | €18,912 | -€3,449 | -15.4% |
| Land and buildings | 22 | €3,728 | €2,982 | -€746 | -20.0% |
| Furniture and vehicles | 24 | €18,634 | €15,930 | -€2,704 | -14.5% |
| Financial fixed assets | 28 | €2,507 | €2,507 | = | 0.0% |
| Current assets | 29/58 | €133,020 | €775,574 | +€642,554 | +483% |
| Stocks and contracts in progress | 3 | - | €650,000 | +€650,000 | |
| Stocks | 30/36 | - | €650,000 | +€650,000 | |
| Amounts receivable within one year | 40/41 | €132,085 | €125,574 | -€6,511 | -4.9% |
| Trade receivables | 40 | €121,274 | €121,274 | = | 0.0% |
| Other amounts receivable | 41 | €10,811 | €4,300 | -€6,511 | -60.2% |
| Deferred charges and accrued income | 490/1 | €935 | - | -€935 | |
| Total equity and liabilities | 10/49 | €157,889 | €796,993 | +€639,104 | +405% |
| Equity | 10/15 | -€125,341 | -€126,537 | -€1,197 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,801 | -€146,997 | -€1,197 | -0.8% |
| Amounts payable | 17/49 | €283,229 | €923,530 | +€640,301 | +226% |
| Amounts payable after more than one year | 17 | €59,106 | €58,380 | -€727 | -1.2% |
| Financial debts | 170/4 | €59,106 | €58,380 | -€727 | -1.2% |
| Amounts payable within one year | 42/48 | €224,123 | €865,150 | +€641,027 | +286% |
| Financial debts | 43 | €10,666 | €10,512 | -€154 | -1.4% |
| Credit institutions | 430/8 | €10,666 | €10,512 | -€154 | -1.4% |
| Trade debts | 44 | €2,668 | €435,599 | +€432,931 | +16,230% |
| Suppliers | 440/4 | €2,668 | €435,599 | +€432,931 | +16,230% |
| Taxes, remuneration and social security | 45 | €1,679 | €1,616 | -€63 | -3.7% |
| Taxes | 450/3 | €1,679 | €1,616 | -€63 | -3.7% |
| Other amounts payable | 47/48 | €209,111 | €417,423 | +€208,312 | +99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,691 | €3,449 | -€1,242 | -26.5% |
| Other operating charges | 640/8 | €3,750 | €7,009 | +€3,259 | +86.9% |
| Gross operating margin | 9900 | -€7,447 | €1,198 | +€8,644 | |
| Operating profit (loss) | 9901 | -€15,888 | -€9,261 | +€6,627 | +41.7% |
| Financial income | 75/76B | - | €8,358 | +€8,358 | |
| Recurring financial income | 75 | - | €8,358 | +€8,358 | |
| Financial charges | 65/66B | €2,552 | €51 | -€2,501 | -98.0% |
| Recurring financial charges | 65 | €2,552 | €51 | -€2,501 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,440 | -€953 | +€17,486 | +94.8% |
| Income taxes | 67/77 | €191 | €243 | +€52 | +27.1% |
| Profit (loss) for the period | 9904 | -€18,631 | -€1,197 | +€17,434 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,631 | -€1,197 | +€17,434 | +93.6% |
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 20 October 2026 via checked.be.