SLC Shipping: 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.
SLC Shipping
Largest movements
- Stocks and contracts -€476,786
down €476,786 (-36.9%), from €1.3m to €816,883
- Receivables within one year +€78,853
up €78,853 (+5.0%), from €1.6m to €1.7m
of which Other amounts receivable: +€253,667
- Tangible fixed assets -€68,760
down €68,760 (-5.6%), from €1.2m to €1.1m
of which Furniture and vehicles: -€58,303
- Cash -€46,661
down €46,661 (-63.7%), from €73,303 to €26,642
mainly Net result for the year (-€522,479) and Debts after one year (-€213,333)
- Profit (loss) carried forward -€522,479
down €522,479 (-141.3%), from -€369,895 to -€892,374
- Debts after one year -€213,333
down €213,333 (-10.8%), from €2.0m to €1.8m
- Trade debts +€175,990
up €175,990 (+6.7%), from €2.6m to €2.8m
- Gross operating margin -€409,102
down €409,102, from €363,276 to -€45,827
- Staff costs -€262,021
down €262,021 (-47.4%), from €552,478 to €290,457
- Financial charges +€16,499
up €16,499 (+48.2%), from €34,249 to €50,749
of which Financial charges: +€17,638
- Depreciation -€15,072
down €15,072 (-12.7%), from €118,704 to €103,633
- Financial income +€10,775
up €10,775 (+751.2%), from €1,434 to €12,209
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,600,561 | €3,978,843 | -€621,719 | -13.5% |
| Fixed assets | 21/28 | €1,619,144 | €1,477,995 | -€141,149 | -8.7% |
| Intangible fixed assets | 21 | €329,496 | €292,305 | -€37,192 | -11.3% |
| Tangible fixed assets | 22/27 | €1,217,581 | €1,148,821 | -€68,760 | -5.6% |
| Land and buildings | 22 | €1,056,596 | €1,053,355 | -€3,241 | -0.3% |
| Plant, machinery and equipment | 23 | €52,565 | €45,349 | -€7,216 | -13.7% |
| Furniture and vehicles | 24 | €108,420 | €50,116 | -€58,303 | -53.8% |
| Financial fixed assets | 28 | €72,067 | €36,870 | -€35,197 | -48.8% |
| Current assets | 29/58 | €2,981,417 | €2,500,848 | -€480,570 | -16.1% |
| Stocks and contracts in progress | 3 | €1,293,669 | €816,883 | -€476,786 | -36.9% |
| Stocks | 30/36 | €1,293,669 | €816,883 | -€476,786 | -36.9% |
| Amounts receivable within one year | 40/41 | €1,578,470 | €1,657,323 | +€78,853 | +5.0% |
| Trade receivables | 40 | €1,237,951 | €1,063,137 | -€174,814 | -14.1% |
| Other amounts receivable | 41 | €340,519 | €594,186 | +€253,667 | +74.5% |
| Cash at bank and in hand | 54/58 | €73,303 | €26,642 | -€46,661 | -63.7% |
| Deferred charges and accrued income | 490/1 | €35,975 | - | -€35,975 | |
| Total equity and liabilities | 10/49 | €4,600,561 | €3,978,843 | -€621,719 | -13.5% |
| Equity | 10/15 | -€308,395 | -€830,874 | -€522,479 | -169.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€369,895 | -€892,374 | -€522,479 | -141.3% |
| Amounts payable | 17/49 | €4,908,956 | €4,809,717 | -€99,239 | -2.0% |
| Amounts payable after more than one year | 17 | €1,967,222 | €1,753,889 | -€213,333 | -10.8% |
| Financial debts | 170/4 | €1,967,222 | €1,753,889 | -€213,333 | -10.8% |
| Amounts payable within one year | 42/48 | €2,941,734 | €3,055,828 | +€114,094 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €213,333 | €213,333 | -€0 | 0.0% |
| Financial debts | 43 | €8,565 | - | -€8,565 | |
| Credit institutions | 430/8 | €8,565 | - | -€8,565 | |
| Trade debts | 44 | €2,622,292 | €2,798,282 | +€175,990 | +6.7% |
| Suppliers | 440/4 | €2,622,292 | €2,798,282 | +€175,990 | +6.7% |
| Taxes, remuneration and social security | 45 | €76,550 | €39,365 | -€37,184 | -48.6% |
| Taxes | 450/3 | - | €21,340 | +€21,340 | |
| Remuneration and social security | 454/9 | €76,550 | €18,025 | -€58,524 | -76.5% |
| Other amounts payable | 47/48 | €20,994 | €4,848 | -€16,146 | -76.9% |
| Non-recurring operating income | 76A | - | €14,141 | +€14,141 | |
| Remuneration, social security and pensions | 62 | €552,478 | €290,457 | -€262,021 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,704 | €103,633 | -€15,072 | -12.7% |
| Other operating charges | 640/8 | €27,967 | €20,716 | -€7,251 | -25.9% |
| Non-recurring operating charges | 66A | €1,206 | €23,220 | +€22,014 | +1825.3% |
| Gross operating margin | 9900 | €363,276 | -€45,827 | -€409,102 | |
| Operating profit (loss) | 9901 | -€337,080 | -€483,852 | -€146,772 | -43.5% |
| Financial income | 75/76B | €1,434 | €12,209 | +€10,775 | +751.2% |
| Recurring financial income | 75 | €1,434 | €12,209 | +€10,775 | +751.2% |
| Financial charges | 65/66B | €34,249 | €50,749 | +€16,499 | +48.2% |
| Recurring financial charges | 65 | €33,110 | €50,749 | +€17,638 | +53.3% |
| Non-recurring financial charges | 66B | €1,139 | - | -€1,139 | |
| Profit (loss) for the period before taxes | 9903 | -€369,895 | -€522,392 | -€152,497 | -41.2% |
| Income taxes | 67/77 | - | €87 | +€87 | |
| Profit (loss) for the period | 9904 | -€369,895 | -€522,479 | -€152,585 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€369,895 | -€522,479 | -€152,585 | -41.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.