SL2C: what changed
SL2C
Largest movements
- Cash -€11,504
down €11,504 (-53.6%), from €21,454 to €9,950
mainly Investment in fixed assets (net) (-€13,919) and Tax, wage and social debts (-€7,000)
- Tangible fixed assets +€5,394
up €5,394 (+40.4%), from €13,357 to €18,751
of which Other tangible fixed assets: +€5,256
- Deferred charges and accrued income +€2,556
up €2,556 (+123%), from €2,077 to €4,633
- Receivables within one year -€850
down €850 (-38.6%), from €2,200 to €1,350
of which Other amounts receivable: -€2,200
- Tax, wage and social debts -€7,000
down €7,000 (-54.7%), from €12,806 to €5,806
- Other debts +€5,245
new in 2025: €5,245
- Debts after one year -€4,822
no longer reported in 2025 (was €4,822)
- Profit (loss) carried forward +€2,298
up €2,298 (+27.9%), from €8,232 to €10,530
- Depreciation -€1,334
down €1,334 (-13.5%), from €9,859 to €8,525
- Taxes -€633
down €633 (-18.2%), from €3,477 to €2,844
- Other operating charges -€405
down €405 (-31.0%), from €1,308 to €902
- Financial charges -€334
down €334 (-40.1%), from €834 to €500
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,825 | €35,421 | -€4,403 | -11.1% |
| Fixed assets | 21/28 | €14,094 | €19,488 | +€5,394 | +38.3% |
| Tangible fixed assets | 22/27 | €13,357 | €18,751 | +€5,394 | +40.4% |
| Furniture and vehicles | 24 | €11,989 | €12,127 | +€138 | +1.1% |
| Other tangible fixed assets | 26 | €1,368 | €6,624 | +€5,256 | +384% |
| Financial fixed assets | 28 | €737 | €737 | = | 0.0% |
| Current assets | 29/58 | €25,731 | €15,933 | -€9,797 | -38.1% |
| Amounts receivable within one year | 40/41 | €2,200 | €1,350 | -€850 | -38.6% |
| Trade receivables | 40 | - | €1,350 | +€1,350 | |
| Other amounts receivable | 41 | €2,200 | - | -€2,200 | |
| Cash at bank and in hand | 54/58 | €21,454 | €9,950 | -€11,504 | -53.6% |
| Deferred charges and accrued income | 490/1 | €2,077 | €4,633 | +€2,556 | +123% |
| Total equity and liabilities | 10/49 | €39,825 | €35,421 | -€4,403 | -11.1% |
| Equity | 10/15 | €16,292 | €18,590 | +€2,298 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,232 | €10,530 | +€2,298 | +27.9% |
| Amounts payable | 17/49 | €23,533 | €16,831 | -€6,702 | -28.5% |
| Amounts payable after more than one year | 17 | €4,822 | - | -€4,822 | |
| Financial debts | 170/4 | €4,822 | - | -€4,822 | |
| Amounts payable within one year | 42/48 | €18,711 | €16,831 | -€1,880 | -10.0% |
| Financial debts | 43 | €5,017 | €4,822 | -€195 | -3.9% |
| Credit institutions | 430/8 | €5,017 | €4,822 | -€195 | -3.9% |
| Trade debts | 44 | €889 | €959 | +€70 | +7.9% |
| Suppliers | 440/4 | €889 | €959 | +€70 | +7.9% |
| Taxes, remuneration and social security | 45 | €12,806 | €5,806 | -€7,000 | -54.7% |
| Taxes | 450/3 | €12,806 | €5,806 | -€7,000 | -54.7% |
| Other amounts payable | 47/48 | - | €5,245 | +€5,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,859 | €8,525 | -€1,334 | -13.5% |
| Other operating charges | 640/8 | €1,308 | €902 | -€405 | -31.0% |
| Non-recurring operating charges | 66A | - | €642 | +€642 | |
| Gross operating margin | 9900 | €15,693 | €15,707 | +€15 | +0.1% |
| Operating profit (loss) | 9901 | €4,526 | €5,638 | +€1,112 | +24.6% |
| Financial income | 75/76B | €3 | €4 | +€1 | +29.4% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +29.4% |
| Financial charges | 65/66B | €834 | €500 | -€334 | -40.1% |
| Recurring financial charges | 65 | €834 | €500 | -€334 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €3,695 | €5,142 | +€1,447 | +39.2% |
| Income taxes | 67/77 | €3,477 | €2,844 | -€633 | -18.2% |
| Profit (loss) for the period | 9904 | €218 | €2,298 | +€2,080 | +954% |
| Profit (loss) for the period to be appropriated | 9905 | €218 | €2,298 | +€2,080 | +954% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.