SLASH: 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.
SLASH
Largest movements
- Receivables within one year -€37,947
down €37,947 (-55.1%), from €68,859 to €30,912
of which Trade receivables: -€34,926
- Tangible fixed assets +€1,711
up €1,711 (+24.1%), from €7,112 to €8,823
of which Other tangible fixed assets: +€2,295
- Cash +€1,645
up €1,645 (+20.2%), from €8,125 to €9,770
mainly Receivables within one year (+€37,947) and Net result for the year (+€6,768)
- Deferred charges and accrued income -€1,421
down €1,421 (-15.3%), from €9,291 to €7,870
- Trade debts -€17,100
down €17,100 (-73.7%), from €23,208 to €6,109
- Other debts -€9,000
down €9,000 (-47.4%), from €19,000 to €10,000
- Tax, wage and social debts -€6,534
down €6,534 (-40.2%), from €16,263 to €9,729
of which Taxes: -€4,456
- Profit (loss) carried forward -€3,232
down €3,232 (-9.7%), from €33,348 to €30,115
- Staff costs -€2,389
down €2,389 (-46.0%), from €5,192 to €2,803
- Gross operating margin +€2,023
up €2,023 (+14.0%), from €14,434 to €16,456
- Depreciation -€1,970
down €1,970 (-56.8%), from €3,468 to €1,498
- Taxes +€1,835
up €1,835 (+72.2%), from €2,540 to €4,375
- Financial income +€1,270
up €1,270 (+92.6%), from €1,372 to €2,642
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 | €116,738 | €80,725 | -€36,013 | -30.8% |
| Fixed assets | 21/28 | €7,462 | €9,173 | +€1,711 | +22.9% |
| Tangible fixed assets | 22/27 | €7,112 | €8,823 | +€1,711 | +24.1% |
| Plant, machinery and equipment | 23 | €272 | €0 | -€272 | -100% |
| Furniture and vehicles | 24 | €505 | €192 | -€312 | -61.9% |
| Other tangible fixed assets | 26 | €6,336 | €8,631 | +€2,295 | +36.2% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €109,275 | €71,552 | -€37,724 | -34.5% |
| Amounts receivable after more than one year | 29 | €23,000 | €23,000 | = | 0.0% |
| Other amounts receivable | 291 | €23,000 | €23,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,859 | €30,912 | -€37,947 | -55.1% |
| Trade receivables | 40 | €53,677 | €18,751 | -€34,926 | -65.1% |
| Other amounts receivable | 41 | €15,183 | €12,161 | -€3,021 | -19.9% |
| Cash at bank and in hand | 54/58 | €8,125 | €9,770 | +€1,645 | +20.2% |
| Deferred charges and accrued income | 490/1 | €9,291 | €7,870 | -€1,421 | -15.3% |
| Total equity and liabilities | 10/49 | €116,738 | €80,725 | -€36,013 | -30.8% |
| Equity | 10/15 | €57,720 | €54,488 | -€3,232 | -5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,772 | €5,772 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,912 | €3,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,348 | €30,115 | -€3,232 | -9.7% |
| Amounts payable | 17/49 | €59,018 | €26,237 | -€32,780 | -55.5% |
| Amounts payable within one year | 42/48 | €58,471 | €25,838 | -€32,634 | -55.8% |
| Trade debts | 44 | €23,208 | €6,109 | -€17,100 | -73.7% |
| Suppliers | 440/4 | €23,208 | €6,109 | -€17,100 | -73.7% |
| Taxes, remuneration and social security | 45 | €16,263 | €9,729 | -€6,534 | -40.2% |
| Taxes | 450/3 | €14,185 | €9,729 | -€4,456 | -31.4% |
| Remuneration and social security | 454/9 | €2,078 | €0 | -€2,078 | -100% |
| Other amounts payable | 47/48 | €19,000 | €10,000 | -€9,000 | -47.4% |
| Accrued charges and deferred income | 492/3 | €546 | €400 | -€146 | -26.8% |
| Remuneration, social security and pensions | 62 | €5,192 | €2,803 | -€2,389 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,468 | €1,498 | -€1,970 | -56.8% |
| Other operating charges | 640/8 | €1,423 | €1,236 | -€187 | -13.1% |
| Gross operating margin | 9900 | €14,434 | €16,456 | +€2,023 | +14.0% |
| Operating profit (loss) | 9901 | €4,351 | €10,920 | +€6,569 | +151% |
| Financial income | 75/76B | €1,372 | €2,642 | +€1,270 | +92.6% |
| Recurring financial income | 75 | €1,372 | €2,642 | +€1,270 | +92.6% |
| Financial charges | 65/66B | €2,854 | €2,420 | -€434 | -15.2% |
| Recurring financial charges | 65 | €2,854 | €2,420 | -€434 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €2,869 | €11,142 | +€8,273 | +288% |
| Income taxes | 67/77 | €2,540 | €4,375 | +€1,835 | +72.2% |
| Profit (loss) for the period | 9904 | €330 | €6,768 | +€6,438 | +1,953% |
| Profit (loss) for the period to be appropriated | 9905 | €330 | €6,768 | +€6,438 | +1,953% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.