SL TRADING: 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 TRADING
Largest movements
- Cash +€123,865
up €123,865 (+38.2%), from €324,057 to €447,923
mainly Other debts (+€259,040) and Stocks and contracts (+€101,205)
- Stocks and contracts -€101,205
down €101,205 (-90.8%), from €111,400 to €10,195
- Receivables within one year +€91,180
up €91,180 (+245.2%), from €37,183 to €128,363
of which Other amounts receivable: +€94,075
- Tangible fixed assets +€62,274
up €62,274 (+8.2%), from €759,727 to €822,001
of which Furniture and vehicles: +€344,412
- Other debts +€259,040
up €259,040 (+381.6%), from €67,886 to €326,927
- Debts after one year -€151,534
down €151,534 (-27.6%), from €548,230 to €396,696
- Reserves +€85,353
up €85,353 (+17.0%), from €500,776 to €586,129
- Advances received -€15,805
down €15,805 (-100.0%), from €15,805 to €0
- Staff costs -€55,264
down €55,264 (-94.2%), from €58,676 to €3,411
- Depreciation -€33,687
down €33,687 (-29.1%), from €115,665 to €81,978
- Gross operating margin +€29,662
up €29,662 (+13.9%), from €213,529 to €243,191
- Financial income -€23,867
down €23,867 (-89.8%), from €26,588 to €2,721
of which Non-recurring financial income: -€25,808
- Taxes +€18,534
up €18,534 (+166.1%), from €11,158 to €29,692
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 | €1,241,099 | €1,414,436 | +€173,337 | +14.0% |
| Fixed assets | 21/28 | €760,192 | €822,101 | +€61,909 | +8.1% |
| Tangible fixed assets | 22/27 | €759,727 | €822,001 | +€62,274 | +8.2% |
| Land and buildings | 22 | €314,763 | €0 | -€314,763 | -100.0% |
| Plant, machinery and equipment | 23 | €214,346 | €12,589 | -€201,757 | -94.1% |
| Furniture and vehicles | 24 | €22,106 | €366,518 | +€344,412 | +1558.0% |
| Other tangible fixed assets | 26 | €208,512 | €442,894 | +€234,382 | +112.4% |
| Financial fixed assets | 28 | €465 | €100 | -€365 | -78.5% |
| Current assets | 29/58 | €480,907 | €592,335 | +€111,429 | +23.2% |
| Stocks and contracts in progress | 3 | €111,400 | €10,195 | -€101,205 | -90.8% |
| Stocks | 30/36 | €111,400 | €10,195 | -€101,205 | -90.8% |
| Amounts receivable within one year | 40/41 | €37,183 | €128,363 | +€91,180 | +245.2% |
| Trade receivables | 40 | €26,381 | €23,486 | -€2,895 | -11.0% |
| Other amounts receivable | 41 | €10,802 | €104,877 | +€94,075 | +870.9% |
| Cash at bank and in hand | 54/58 | €324,057 | €447,923 | +€123,865 | +38.2% |
| Deferred charges and accrued income | 490/1 | €8,267 | €5,855 | -€2,411 | -29.2% |
| Total equity and liabilities | 10/49 | €1,241,099 | €1,414,436 | +€173,337 | +14.0% |
| Equity | 10/15 | €519,376 | €604,729 | +€85,353 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €500,776 | €586,129 | +€85,353 | +17.0% |
| Distributable reserves | 133 | €500,776 | €586,129 | +€85,353 | +17.0% |
| Amounts payable | 17/49 | €721,723 | €809,707 | +€87,984 | +12.2% |
| Amounts payable after more than one year | 17 | €548,230 | €396,696 | -€151,534 | -27.6% |
| Financial debts | 170/4 | €548,230 | €396,696 | -€151,534 | -27.6% |
| Amounts payable within one year | 42/48 | €165,072 | €413,011 | +€247,939 | +150.2% |
| Current portion of amounts payable after more than one year | 42 | €59,387 | €55,229 | -€4,158 | -7.0% |
| Trade debts | 44 | €8,436 | €15,418 | +€6,982 | +82.8% |
| Suppliers | 440/4 | €8,436 | €15,418 | +€6,982 | +82.8% |
| Advances received on contracts in progress | 46 | €15,805 | €0 | -€15,805 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,558 | €15,437 | +€1,879 | +13.9% |
| Taxes | 450/3 | €1,960 | €15,437 | +€13,477 | +687.7% |
| Remuneration and social security | 454/9 | €11,598 | €0 | -€11,598 | -100.0% |
| Other amounts payable | 47/48 | €67,886 | €326,927 | +€259,040 | +381.6% |
| Accrued charges and deferred income | 492/3 | €8,421 | €0 | -€8,421 | -100.0% |
| Non-recurring operating income | 76A | - | €308,337 | +€308,337 | |
| Remuneration, social security and pensions | 62 | €58,676 | €3,411 | -€55,264 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,665 | €81,978 | -€33,687 | -29.1% |
| Other operating charges | 640/8 | €7,226 | €9,256 | +€2,030 | +28.1% |
| Non-recurring operating charges | 66A | €3,248 | €7,362 | +€4,114 | +126.6% |
| Gross operating margin | 9900 | €213,529 | €243,191 | +€29,662 | +13.9% |
| Operating profit (loss) | 9901 | €28,715 | €141,183 | +€112,469 | +391.7% |
| Financial income | 75/76B | €26,588 | €2,721 | -€23,867 | -89.8% |
| Recurring financial income | 75 | €780 | €2,721 | +€1,941 | +248.8% |
| Non-recurring financial income | 76B | €25,808 | - | -€25,808 | |
| Financial charges | 65/66B | €24,547 | €28,859 | +€4,312 | +17.6% |
| Recurring financial charges | 65 | €24,547 | €28,859 | +€4,312 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €30,756 | €115,046 | +€84,290 | +274.1% |
| Income taxes | 67/77 | €11,158 | €29,692 | +€18,534 | +166.1% |
| Profit (loss) for the period | 9904 | €19,598 | €85,353 | +€65,755 | +335.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,598 | €85,353 | +€65,755 | +335.5% |
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 11 October 2026 via checked.be.