SLASH GEN: 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.
SLASH GEN
Largest movements
- Receivables within one year -€27,348
down €27,348 (-87.9%), from €31,107 to €3,759
- Tangible fixed assets -€12,044
down €12,044 (-43.5%), from €27,696 to €15,652
- Stocks and contracts +€8,500
new in 2025: €8,500
- Cash -€890
down €890 (-93.5%), from €952 to €62
mainly Trade debts (-€25,948) and Stocks and contracts (-€8,500)
- Trade debts -€25,948
down €25,948 (-95.6%), from €27,150 to €1,202
- Debts after one year -€7,880
down €7,880 (-38.4%), from €20,509 to €12,628
- Tax, wage and social debts +€4,025
up €4,025 (+170.1%), from €2,367 to €6,392
- Other debts -€4,021
down €4,021 (-53.5%), from €7,512 to €3,490
- Profit (loss) carried forward +€1,963
up €1,963, from -€1,852 to €111
- Gross operating margin +€10,667
up €10,667 (+114.5%), from €9,313 to €19,980
- Depreciation +€3,092
up €3,092 (+641.7%), from €482 to €3,573
- Financial charges +€2,667
up €2,667 (+786.4%), from €339 to €3,006
- Taxes +€1,504
up €1,504 (+460.4%), from €327 to €1,831
- Staff costs +€750
new in 2025: €750
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 | €59,754 | €27,972 | -€31,782 | -53.2% |
| Fixed assets | 21/28 | €27,696 | €15,652 | -€12,044 | -43.5% |
| Tangible fixed assets | 22/27 | €27,696 | €15,652 | -€12,044 | -43.5% |
| Furniture and vehicles | 24 | €27,696 | €15,652 | -€12,044 | -43.5% |
| Current assets | 29/58 | €32,059 | €12,321 | -€19,738 | -61.6% |
| Stocks and contracts in progress | 3 | - | €8,500 | +€8,500 | |
| Stocks | 30/36 | - | €8,500 | +€8,500 | |
| Amounts receivable within one year | 40/41 | €31,107 | €3,759 | -€27,348 | -87.9% |
| Trade receivables | 40 | €31,107 | €3,759 | -€27,348 | -87.9% |
| Cash at bank and in hand | 54/58 | €952 | €62 | -€890 | -93.5% |
| Total equity and liabilities | 10/49 | €59,754 | €27,972 | -€31,782 | -53.2% |
| Equity | 10/15 | -€1,852 | €111 | +€1,963 | |
| Profit (loss) carried forward | 14 | -€1,852 | €111 | +€1,963 | |
| Amounts payable | 17/49 | €61,607 | €27,862 | -€33,745 | -54.8% |
| Amounts payable after more than one year | 17 | €20,509 | €12,628 | -€7,880 | -38.4% |
| Financial debts | 170/4 | €20,509 | €12,628 | -€7,880 | -38.4% |
| Amounts payable within one year | 42/48 | €41,098 | €15,234 | -€25,865 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €4,070 | €4,150 | +€80 | +2.0% |
| Trade debts | 44 | €27,150 | €1,202 | -€25,948 | -95.6% |
| Suppliers | 440/4 | €27,150 | €1,202 | -€25,948 | -95.6% |
| Taxes, remuneration and social security | 45 | €2,367 | €6,392 | +€4,025 | +170.1% |
| Taxes | 450/3 | €2,367 | €6,392 | +€4,025 | +170.1% |
| Other amounts payable | 47/48 | €7,512 | €3,490 | -€4,021 | -53.5% |
| Remuneration, social security and pensions | 62 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €3,573 | +€3,092 | +641.7% |
| Other operating charges | 640/8 | €1,699 | €1,665 | -€34 | -2.0% |
| Non-recurring operating charges | 66A | - | €7,195 | +€7,195 | |
| Gross operating margin | 9900 | €9,313 | €19,980 | +€10,667 | +114.5% |
| Operating profit (loss) | 9901 | €7,132 | €6,796 | -€336 | -4.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €339 | €3,006 | +€2,667 | +786.4% |
| Recurring financial charges | 65 | €339 | €3,006 | +€2,667 | +786.4% |
| Profit (loss) for the period before taxes | 9903 | €6,793 | €3,794 | -€2,999 | -44.2% |
| Income taxes | 67/77 | €327 | €1,831 | +€1,504 | +460.4% |
| Profit (loss) for the period | 9904 | €6,466 | €1,963 | -€4,503 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,466 | €1,963 | -€4,503 | -69.6% |
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 2 October 2026 via checked.be.