SLABANS: 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.
SLABANS
Largest movements
- Cash +€46,358
up €46,358 (+4340.6%), from €1,068 to €47,426
mainly Depreciation (+€39,983) and Other debts (+€31,488)
- Tangible fixed assets -€24,348
down €24,348 (-6.2%), from €394,150 to €369,803
of which Land and buildings: -€14,100
- Stocks and contracts +€17,117
up €17,117 (+82.2%), from €20,816 to €37,934
of which Contracts in progress: +€14,721
- Receivables within one year -€10,727
down €10,727 (-61.8%), from €17,357 to €6,630
of which Other amounts receivable: -€6,108
- Intangible fixed assets -€6,852
down €6,852 (-45.1%), from €15,193 to €8,342
- Debts after one year -€33,756
down €33,756 (-10.3%), from €329,296 to €295,541
- Other debts +€31,488
up €31,488 (+177.7%), from €17,721 to €49,208
- Trade debts +€26,141
up €26,141 (+107.9%), from €24,237 to €50,378
- Reserves -€25,160
down €25,160 (-53.1%), from €47,374 to €22,214
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Staff costs -€11,957
down €11,957 (-19.8%), from €60,533 to €48,576
- Financial charges -€5,697
down €5,697 (-44.3%), from €12,854 to €7,157
- Taxes +€3,696
up €3,696 (+137.0%), from €2,698 to €6,394
- Gross operating margin -€2,956
down €2,956 (-2.2%), from €131,461 to €128,504
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 | €466,549 | €483,043 | +€16,494 | +3.5% |
| Fixed assets | 21/28 | €412,240 | €381,041 | -€31,200 | -7.6% |
| Intangible fixed assets | 21 | €15,193 | €8,342 | -€6,852 | -45.1% |
| Tangible fixed assets | 22/27 | €394,150 | €369,803 | -€24,348 | -6.2% |
| Land and buildings | 22 | €332,900 | €318,801 | -€14,100 | -4.2% |
| Plant, machinery and equipment | 23 | €11,659 | €13,886 | +€2,227 | +19.1% |
| Furniture and vehicles | 24 | €2,071 | €1,476 | -€595 | -28.7% |
| Leasing and similar rights | 25 | €47,520 | €35,640 | -€11,880 | -25.0% |
| Financial fixed assets | 28 | €2,897 | €2,897 | = | 0.0% |
| Current assets | 29/58 | €54,308 | €102,002 | +€47,693 | +87.8% |
| Stocks and contracts in progress | 3 | €20,816 | €37,934 | +€17,117 | +82.2% |
| Stocks | 30/36 | €10,816 | €13,212 | +€2,396 | +22.1% |
| Contracts in progress | 37 | €10,000 | €24,721 | +€14,721 | +147.2% |
| Amounts receivable within one year | 40/41 | €17,357 | €6,630 | -€10,727 | -61.8% |
| Trade receivables | 40 | €10,331 | €5,712 | -€4,620 | -44.7% |
| Other amounts receivable | 41 | €7,026 | €918 | -€6,108 | -86.9% |
| Cash at bank and in hand | 54/58 | €1,068 | €47,426 | +€46,358 | +4340.6% |
| Deferred charges and accrued income | 490/1 | €15,067 | €10,012 | -€5,055 | -33.5% |
| Total equity and liabilities | 10/49 | €466,549 | €483,043 | +€16,494 | +3.5% |
| Equity | 10/15 | €53,574 | €40,814 | -€12,760 | -23.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €47,374 | €22,214 | -€25,160 | -53.1% |
| Distributable reserves | 133 | €47,374 | €22,214 | -€25,160 | -53.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €412,975 | €442,229 | +€29,254 | +7.1% |
| Amounts payable after more than one year | 17 | €329,296 | €295,541 | -€33,756 | -10.3% |
| Financial debts | 170/4 | €329,296 | €295,541 | -€33,756 | -10.3% |
| Amounts payable within one year | 42/48 | €83,679 | €146,688 | +€63,010 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €37,099 | €35,141 | -€1,959 | -5.3% |
| Financial debts | 43 | €19 | €358 | +€338 | +1759.4% |
| Credit institutions | 430/8 | €19 | €358 | +€338 | +1759.4% |
| Trade debts | 44 | €24,237 | €50,378 | +€26,141 | +107.9% |
| Suppliers | 440/4 | €24,237 | €50,378 | +€26,141 | +107.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,602 | €11,604 | +€7,002 | +152.1% |
| Taxes | 450/3 | €1,696 | €11,543 | +€9,847 | +580.6% |
| Remuneration and social security | 454/9 | €2,906 | €61 | -€2,845 | -97.9% |
| Other amounts payable | 47/48 | €17,721 | €49,208 | +€31,488 | +177.7% |
| Non-recurring operating income | 76A | €12,404 | €709 | -€11,696 | -94.3% |
| Remuneration, social security and pensions | 62 | €60,533 | €48,576 | -€11,957 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,413 | €39,983 | -€430 | -1.1% |
| Other operating charges | 640/8 | €4,696 | €4,180 | -€516 | -11.0% |
| Gross operating margin | 9900 | €131,461 | €128,504 | -€2,956 | -2.2% |
| Operating profit (loss) | 9901 | €25,818 | €35,765 | +€9,946 | +38.5% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.9% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.9% |
| Financial charges | 65/66B | €12,854 | €7,157 | -€5,697 | -44.3% |
| Recurring financial charges | 65 | €12,854 | €7,157 | -€5,697 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €12,991 | €28,608 | +€15,617 | +120.2% |
| Income taxes | 67/77 | €2,698 | €6,394 | +€3,696 | +137.0% |
| Profit (loss) for the period | 9904 | €10,293 | €22,214 | +€11,921 | +115.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,293 | €22,214 | +€11,921 | +115.8% |
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 4 October 2026 via checked.be.