SLACHMUYLDERS: what changed
SLACHMUYLDERS
Largest movements
- Cash -€32,263
down €32,263 (-66.9%), from €48,195 to €15,932
mainly Receivables within one year (-€31,121) and Investment in fixed assets (net) (-€3,691)
- Receivables within one year +€31,121
up €31,121 (+159%), from €19,613 to €50,734
of which Trade receivables: +€29,413
- Tangible fixed assets -€1,016
down €1,016 (-7.0%), from €14,600 to €13,583
of which Furniture and vehicles: -€3,558
- Other debts +€6,431
up €6,431 (+41.8%), from €15,367 to €21,798
- Debts after one year -€2,741
no longer reported in 2025 (was €2,741)
- Tax, wage and social debts -€2,705
down €2,705 (-18.4%), from €14,726 to €12,021
of which Taxes: -€2,705
- Trade debts -€2,323
down €2,323 (-12.2%), from €19,061 to €16,738
- Reserves -€885
down €885 (-3.3%), from €26,751 to €25,866
- Gross operating margin -€26,932
down €26,932 (-69.4%), from €38,786 to €11,853
- Other operating charges -€7,176
down €7,176 (-66.4%), from €10,799 to €3,623
- Taxes -€6,882
down €6,882 (-81.3%), from €8,461 to €1,579
- Depreciation +€1,067
up €1,067 (+29.3%), from €3,640 to €4,707
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 | €84,479 | €82,164 | -€2,315 | -2.7% |
| Fixed assets | 21/28 | €14,600 | €13,583 | -€1,016 | -7.0% |
| Tangible fixed assets | 22/27 | €14,600 | €13,583 | -€1,016 | -7.0% |
| Plant, machinery and equipment | 23 | €2,674 | €1,992 | -€681 | -25.5% |
| Furniture and vehicles | 24 | €11,926 | €8,368 | -€3,558 | -29.8% |
| Other tangible fixed assets | 26 | - | €3,223 | +€3,223 | |
| Current assets | 29/58 | €69,879 | €68,580 | -€1,299 | -1.9% |
| Amounts receivable within one year | 40/41 | €19,613 | €50,734 | +€31,121 | +159% |
| Trade receivables | 40 | €16,283 | €45,696 | +€29,413 | +181% |
| Other amounts receivable | 41 | €3,330 | €5,038 | +€1,708 | +51.3% |
| Cash at bank and in hand | 54/58 | €48,195 | €15,932 | -€32,263 | -66.9% |
| Deferred charges and accrued income | 490/1 | €2,071 | €1,914 | -€157 | -7.6% |
| Total equity and liabilities | 10/49 | €84,479 | €82,164 | -€2,315 | -2.7% |
| Equity | 10/15 | €29,751 | €28,866 | -€885 | -3.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,751 | €25,866 | -€885 | -3.3% |
| Distributable reserves | 133 | €26,751 | €25,866 | -€885 | -3.3% |
| Amounts payable | 17/49 | €54,728 | €53,298 | -€1,430 | -2.6% |
| Amounts payable after more than one year | 17 | €2,741 | - | -€2,741 | |
| Financial debts | 170/4 | €2,741 | - | -€2,741 | |
| Amounts payable within one year | 42/48 | €51,988 | €53,298 | +€1,311 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €2,834 | €2,741 | -€93 | -3.3% |
| Trade debts | 44 | €19,061 | €16,738 | -€2,323 | -12.2% |
| Suppliers | 440/4 | €19,061 | €16,738 | -€2,323 | -12.2% |
| Taxes, remuneration and social security | 45 | €14,726 | €12,021 | -€2,705 | -18.4% |
| Taxes | 450/3 | €10,526 | €7,821 | -€2,705 | -25.7% |
| Remuneration and social security | 454/9 | €4,200 | €4,200 | = | 0.0% |
| Other amounts payable | 47/48 | €15,367 | €21,798 | +€6,431 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,640 | €4,707 | +€1,067 | +29.3% |
| Other operating charges | 640/8 | €10,799 | €3,623 | -€7,176 | -66.4% |
| Gross operating margin | 9900 | €38,786 | €11,853 | -€26,932 | -69.4% |
| Operating profit (loss) | 9901 | €24,346 | €3,523 | -€20,823 | -85.5% |
| Financial income | 75/76B | €81 | €35 | -€46 | -56.6% |
| Recurring financial income | 75 | €81 | €35 | -€46 | -56.6% |
| Financial charges | 65/66B | €2,660 | €2,864 | +€204 | +7.7% |
| Recurring financial charges | 65 | €2,660 | €2,864 | +€204 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €21,767 | €694 | -€21,074 | -96.8% |
| Income taxes | 67/77 | €8,461 | €1,579 | -€6,882 | -81.3% |
| Profit (loss) for the period | 9904 | €13,306 | -€885 | -€14,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,306 | -€885 | -€14,191 |
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 4 November 2026 via checked.be.