SLAMK: 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.
SLAMK
Largest movements
- Receivables within one year +€7,672
up €7,672 (+25.9%), from €29,672 to €37,344
of which Trade receivables: +€7,672
- Stocks and contracts -€2,728
down €2,728 (-32.3%), from €8,452 to €5,724
- Cash +€2,064
up €2,064 (+1876.4%), from €110 to €2,174
mainly Net result for the year (+€9,110) and Tax, wage and social debts (+€3,383)
- Tangible fixed assets -€1,456
down €1,456 (-30.3%), from €4,799 to €3,343
of which Plant, machinery and equipment: -€873
- Profit (loss) carried forward +€9,110
up €9,110, from -€3,072 to €6,038
- Current portion of long-term debt -€6,000
down €6,000 (-75.0%), from €8,000 to €2,000
- Tax, wage and social debts +€3,383
up €3,383 (+151.0%), from €2,240 to €5,623
of which Taxes: +€2,339
- Trade debts -€2,426
down €2,426 (-23.7%), from €10,218 to €7,792
- Other debts +€1,485
up €1,485 (+26.3%), from €5,647 to €7,132
- Gross operating margin +€17,457
up €17,457 (+663.0%), from €2,633 to €20,090
- Staff costs -€14,357
down €14,357 (-68.8%), from €20,865 to €6,508
- Taxes +€1,093
new in 2025: €1,093
- Other operating charges +€810
up €810 (+312.7%), from €259 to €1,069
- Financial charges -€402
down €402 (-55.2%), from €728 to €326
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 | €43,033 | €48,585 | +€5,552 | +12.9% |
| Fixed assets | 21/28 | €4,799 | €3,343 | -€1,456 | -30.3% |
| Tangible fixed assets | 22/27 | €4,799 | €3,343 | -€1,456 | -30.3% |
| Plant, machinery and equipment | 23 | €2,485 | €1,612 | -€873 | -35.1% |
| Furniture and vehicles | 24 | €2,314 | €1,731 | -€583 | -25.2% |
| Current assets | 29/58 | €38,234 | €45,242 | +€7,008 | +18.3% |
| Stocks and contracts in progress | 3 | €8,452 | €5,724 | -€2,728 | -32.3% |
| Stocks | 30/36 | €8,452 | €5,724 | -€2,728 | -32.3% |
| Amounts receivable within one year | 40/41 | €29,672 | €37,344 | +€7,672 | +25.9% |
| Trade receivables | 40 | €29,527 | €37,199 | +€7,672 | +26.0% |
| Other amounts receivable | 41 | €145 | €145 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €110 | €2,174 | +€2,064 | +1876.4% |
| Total equity and liabilities | 10/49 | €43,033 | €48,585 | +€5,552 | +12.9% |
| Equity | 10/15 | €16,928 | €26,038 | +€9,110 | +53.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,072 | €6,038 | +€9,110 | |
| Amounts payable | 17/49 | €26,105 | €22,547 | -€3,558 | -13.6% |
| Amounts payable within one year | 42/48 | €26,105 | €22,547 | -€3,558 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €2,000 | -€6,000 | -75.0% |
| Trade debts | 44 | €10,218 | €7,792 | -€2,426 | -23.7% |
| Suppliers | 440/4 | €10,218 | €7,792 | -€2,426 | -23.7% |
| Taxes, remuneration and social security | 45 | €2,240 | €5,623 | +€3,383 | +151.0% |
| Taxes | 450/3 | €868 | €3,207 | +€2,339 | +269.5% |
| Remuneration and social security | 454/9 | €1,372 | €2,416 | +€1,044 | +76.1% |
| Other amounts payable | 47/48 | €5,647 | €7,132 | +€1,485 | +26.3% |
| Remuneration, social security and pensions | 62 | €20,865 | €6,508 | -€14,357 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,944 | €1,716 | -€228 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €289 | +€289 | |
| Other operating charges | 640/8 | €259 | €1,069 | +€810 | +312.7% |
| Gross operating margin | 9900 | €2,633 | €20,090 | +€17,457 | +663.0% |
| Operating profit (loss) | 9901 | -€20,435 | €10,508 | +€30,943 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €728 | €326 | -€402 | -55.2% |
| Recurring financial charges | 65 | €728 | €326 | -€402 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,163 | €10,203 | +€31,366 | |
| Income taxes | 67/77 | - | €1,093 | +€1,093 | |
| Profit (loss) for the period | 9904 | -€21,163 | €9,110 | +€30,273 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,163 | €9,110 | +€30,273 |
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 29 September 2026 via checked.be.