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SLB: 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.

What changed

SLB

BE 0471.988.142
NACE 71.111, Activities of building architects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€930
2024 · €36,336-€37,266
Equity
€91,614
2024 · €92,545-€930
Cash
€95,223
2024 · €105,908-€10,685
Balance sheet total
€235,455
2024 · €293,088-€57,633

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€38,173

    down €38,173 (-22.1%), from €172,761 to €134,588

    of which Other tangible fixed assets: -€37,915

  • Cash -€10,685

    down €10,685 (-10.1%), from €105,908 to €95,223

    mainly Other debts (-€33,374) and Debts after one year (-€13,722)

  • Receivables within one year -€8,778

    down €8,778 (-61.3%), from €14,326 to €5,548

    of which Trade receivables: -€8,779

Equity and liabilities
  • Other debts -€33,374

    down €33,374 (-26.0%), from €128,119 to €94,746

  • Debts after one year -€13,722

    down €13,722 (-39.4%), from €34,787 to €21,065

  • Tax, wage and social debts -€10,037

    down €10,037 (-44.3%), from €22,669 to €12,633

Income statement
  • Gross operating margin -€31,046

    down €31,046 (-48.9%), from €63,541 to €32,495

  • Financial charges +€23,549

    up €23,549 (+1663.5%), from €1,416 to €24,965

    of which Non-recurring financial charges: +€23,823

  • Taxes -€10,376

    down €10,376 (-93.7%), from €11,079 to €703

  • Financial income +€5,983

    up €5,983 (+59826400.0%), from €0 to €5,983

    of which Non-recurring financial income: +€5,983

  • Depreciation -€1,909

    down €1,909 (-14.7%), from €12,969 to €11,060

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €36,336
Gross operating margin -€31,046
Depreciation +€1,909
Other operating charges -€939
Financial income +€5,983
Financial charges -€23,549
Taxes +€10,376
Result 2025 -€930

Cash bridge derived

cash 2024 to 2025

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.

From operations -€24,348
Investment +€27,113
Financing -€13,450
Cash 2024 €105,908
Net result for the year -€930
Depreciation +€11,060
Receivables within one year +€8,778
Smaller working-capital items -€23
Trade debts +€177
Tax, wage and social debts -€10,037
Other debts -€33,374
Investment in fixed assets (net) +€27,113
Debts after one year -€13,722
Current portion of long-term debt +€272
Cash 2025 €95,223
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €293,088 €235,455 -€57,633 -19.7%
Fixed assets 21/28 €172,761 €134,588 -€38,173 -22.1%
Tangible fixed assets 22/27 €172,761 €134,588 -€38,173 -22.1%
Plant, machinery and equipment 23 €262 €52 -€210 -80.3%
Furniture and vehicles 24 €2,435 €2,387 -€48 -2.0%
Other tangible fixed assets 26 €170,064 €132,149 -€37,915 -22.3%
Current assets 29/58 €120,327 €100,867 -€19,460 -16.2%
Amounts receivable within one year 40/41 €14,326 €5,548 -€8,778 -61.3%
Trade receivables 40 €14,302 €5,524 -€8,779 -61.4%
Other amounts receivable 41 €24 €25 +€1 +4.1%
Cash at bank and in hand 54/58 €105,908 €95,223 -€10,685 -10.1%
Deferred charges and accrued income 490/1 €94 €96 +€2 +2.0%
Total equity and liabilities 10/49 €293,088 €235,455 -€57,633 -19.7%
Equity 10/15 €92,545 €91,614 -€930 -1.0%
Contributions 10/11 €12,581 €12,581 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €78,103 €77,173 -€930 -1.2%
Amounts payable 17/49 €200,543 €143,840 -€56,703 -28.3%
Amounts payable after more than one year 17 €34,787 €21,065 -€13,722 -39.4%
Financial debts 170/4 €34,787 €21,065 -€13,722 -39.4%
Amounts payable within one year 42/48 €165,681 €122,720 -€42,961 -25.9%
Current portion of amounts payable after more than one year 42 €14,582 €14,854 +€272 +1.9%
Trade debts 44 €310 €488 +€177 +57.2%
Suppliers 440/4 €310 €488 +€177 +57.2%
Taxes, remuneration and social security 45 €22,669 €12,633 -€10,037 -44.3%
Taxes 450/3 €22,669 €12,633 -€10,037 -44.3%
Other amounts payable 47/48 €128,119 €94,746 -€33,374 -26.0%
Accrued charges and deferred income 492/3 €76 €55 -€21 -27.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,969 €11,060 -€1,909 -14.7%
Other operating charges 640/8 €1,741 €2,680 +€939 +53.9%
Gross operating margin 9900 €63,541 €32,495 -€31,046 -48.9%
Operating profit (loss) 9901 €48,831 €18,755 -€30,076 -61.6%
Financial income 75/76B €0 €5,983 +€5,983 +59826400.0%
Recurring financial income 75 €0 €5,983 +€5,983 +59826400.0%
Non-recurring financial income 76B - €5,983 +€5,983
Financial charges 65/66B €1,416 €24,965 +€23,549 +1663.5%
Recurring financial charges 65 €1,416 €1,141 -€274 -19.4%
Non-recurring financial charges 66B - €23,823 +€23,823
Profit (loss) for the period before taxes 9903 €47,416 -€227 -€47,643
Income taxes 67/77 €11,079 €703 -€10,376 -93.7%
Profit (loss) for the period 9904 €36,336 -€930 -€37,266
Profit (loss) for the period to be appropriated 9905 €36,336 -€930 -€37,266

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.