SLAINE: 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.
SLAINE
Largest movements
- Receivables within one year +€23,260
up €23,260 (+75.0%), from €31,034 to €54,294
of which Trade receivables: +€12,713
- Current investments +€14,198
up €14,198 (+58.3%), from €24,350 to €38,548
- Tangible fixed assets -€7,943
down €7,943 (-7.2%), from €110,805 to €102,862
of which Furniture and vehicles: -€5,174
- Stocks and contracts +€5,522
new in 2025: €5,522
- Reserves +€31,046
up €31,046 (+37.5%), from €82,842 to €113,889
of which Distributable reserves: +€32,591
- Tax, wage and social debts +€11,223
up €11,223 (+134%), from €8,354 to €19,577
- Debts after one year -€6,005
down €6,005 (-100%), from €6,005 to €0
- Trade debts +€5,984
up €5,984 (+534%), from €1,120 to €7,104
- Current portion of long-term debt -€4,169
down €4,169 (-41.0%), from €10,173 to €6,005
- Gross operating margin +€44,493
up €44,493 (+107%), from €41,751 to €86,244
- Taxes +€12,330
up €12,330 (+210%), from €5,877 to €18,207
- Depreciation +€2,176
up €2,176 (+9.1%), from €24,042 to €26,218
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.
Derived cash bridge
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 | €170,209 | €207,818 | +€37,609 | +22.1% |
| Fixed assets | 21/28 | €111,015 | €103,072 | -€7,943 | -7.2% |
| Tangible fixed assets | 22/27 | €110,805 | €102,862 | -€7,943 | -7.2% |
| Land and buildings | 22 | €85,981 | €83,213 | -€2,769 | -3.2% |
| Furniture and vehicles | 24 | €24,824 | €19,650 | -€5,174 | -20.8% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €59,194 | €104,745 | +€45,552 | +77.0% |
| Stocks and contracts in progress | 3 | - | €5,522 | +€5,522 | |
| Stocks | 30/36 | - | €5,522 | +€5,522 | |
| Amounts receivable within one year | 40/41 | €31,034 | €54,294 | +€23,260 | +75.0% |
| Trade receivables | 40 | €27,359 | €40,072 | +€12,713 | +46.5% |
| Other amounts receivable | 41 | €3,675 | €14,222 | +€10,547 | +287% |
| Current investments | 50/53 | €24,350 | €38,548 | +€14,198 | +58.3% |
| Cash at bank and in hand | 54/58 | €656 | €2,550 | +€1,894 | +289% |
| Deferred charges and accrued income | 490/1 | €3,154 | €3,832 | +€678 | +21.5% |
| Total equity and liabilities | 10/49 | €170,209 | €207,818 | +€37,609 | +22.1% |
| Equity | 10/15 | €141,442 | €172,489 | +€31,046 | +21.9% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €82,842 | €113,889 | +€31,046 | +37.5% |
| Tax-exempt reserves | 132 | €3,970 | €2,425 | -€1,545 | -38.9% |
| Distributable reserves | 133 | €78,872 | €111,464 | +€32,591 | +41.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,323 | €808 | -€515 | -38.9% |
| Deferred taxes | 168 | €1,323 | €808 | -€515 | -38.9% |
| Amounts payable | 17/49 | €27,443 | €34,521 | +€7,078 | +25.8% |
| Amounts payable after more than one year | 17 | €6,005 | €0 | -€6,005 | -100% |
| Financial debts | 170/4 | €6,005 | €0 | -€6,005 | -100% |
| Amounts payable within one year | 42/48 | €19,648 | €32,721 | +€13,073 | +66.5% |
| Current portion of amounts payable after more than one year | 42 | €10,173 | €6,005 | -€4,169 | -41.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,120 | €7,104 | +€5,984 | +534% |
| Suppliers | 440/4 | €1,120 | €7,104 | +€5,984 | +534% |
| Advances received on contracts in progress | 46 | - | €35 | +€35 | |
| Taxes, remuneration and social security | 45 | €8,354 | €19,577 | +€11,223 | +134% |
| Taxes | 450/3 | €8,354 | €19,577 | +€11,223 | +134% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,791 | €1,800 | +€9 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,042 | €26,218 | +€2,176 | +9.1% |
| Other operating charges | 640/8 | €1,696 | €1,876 | +€180 | +10.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €41,751 | €86,244 | +€44,493 | +107% |
| Operating profit (loss) | 9901 | €16,012 | €58,150 | +€42,137 | +263% |
| Financial income | 75/76B | €199 | €217 | +€18 | +8.9% |
| Recurring financial income | 75 | €199 | €217 | +€18 | +8.9% |
| Financial charges | 65/66B | €723 | €1,012 | +€289 | +40.0% |
| Recurring financial charges | 65 | €723 | €1,012 | +€289 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €15,489 | €57,355 | +€41,866 | +270% |
| Transfer from deferred taxes | 780 | €515 | €515 | = | 0.0% |
| Income taxes | 67/77 | €5,877 | €18,207 | +€12,330 | +210% |
| Profit (loss) for the period | 9904 | €10,127 | €39,663 | +€29,536 | +292% |
| Transfer from tax-exempt reserves | 789 | €1,545 | €1,545 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,672 | €41,208 | +€29,536 | +253% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.