SLCDA MANAGEMENT: 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.
SLCDA MANAGEMENT
Largest movements
- Receivables within one year -€360,349
down €360,349 (-90.1%), from €400,060 to €39,711
of which Other amounts receivable: -€340,961
- Intangible fixed assets -€21,600
no longer reported in 2025 (was €21,600)
- Tangible fixed assets -€12,252
no longer reported in 2025 (was €12,252)
- Cash -€8,843
down €8,843 (-28.9%), from €30,601 to €21,758
mainly Provisions (-€228,591) and Trade debts (-€88,097)
- Provisions -€228,591
no longer reported in 2025 (was €228,591)
- Trade debts -€88,097
down €88,097 (-90.3%), from €97,588 to €9,491
- Profit (loss) carried forward -€62,968
down €62,968 (-68.8%), from €91,545 to €28,577
- Other debts -€16,500
no longer reported in 2025 (was €16,500)
- Tax, wage and social debts -€8,506
down €8,506 (-84.8%), from €10,031 to €1,525
- Taxes +€54,449
up €54,449 (+624%), from €8,731 to €63,180
- Gross operating margin -€32,895
down €32,895 (-47.6%), from €69,060 to €36,165
- Depreciation -€21,600
down €21,600 (-39.0%), from €55,452 to €33,852
- Other operating charges +€923
up €923 (+94.2%), from €980 to €1,903
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 | €466,255 | €61,593 | -€404,662 | -86.8% |
| Fixed assets | 21/28 | €33,976 | €124 | -€33,852 | -99.6% |
| Intangible fixed assets | 21 | €21,600 | - | -€21,600 | |
| Tangible fixed assets | 22/27 | €12,252 | - | -€12,252 | |
| Furniture and vehicles | 24 | €12,252 | - | -€12,252 | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €432,279 | €61,469 | -€370,810 | -85.8% |
| Amounts receivable within one year | 40/41 | €400,060 | €39,711 | -€360,349 | -90.1% |
| Trade receivables | 40 | €59,099 | €39,711 | -€19,388 | -32.8% |
| Other amounts receivable | 41 | €340,961 | - | -€340,961 | |
| Cash at bank and in hand | 54/58 | €30,601 | €21,758 | -€8,843 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,618 | - | -€1,618 | |
| Total equity and liabilities | 10/49 | €466,255 | €61,593 | -€404,662 | -86.8% |
| Equity | 10/15 | €113,545 | €50,577 | -€62,968 | -55.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,545 | €28,577 | -€62,968 | -68.8% |
| Provisions and deferred taxes | 16 | €228,591 | - | -€228,591 | |
| Provisions for liabilities and charges | 160/5 | €228,591 | - | -€228,591 | |
| Other liabilities and charges | 164/5 | €228,591 | - | -€228,591 | |
| Amounts payable | 17/49 | €124,119 | €11,016 | -€113,103 | -91.1% |
| Amounts payable within one year | 42/48 | €124,119 | €11,016 | -€113,103 | -91.1% |
| Trade debts | 44 | €97,588 | €9,491 | -€88,097 | -90.3% |
| Suppliers | 440/4 | €97,588 | €9,491 | -€88,097 | -90.3% |
| Taxes, remuneration and social security | 45 | €10,031 | €1,525 | -€8,506 | -84.8% |
| Taxes | 450/3 | €10,031 | €1,525 | -€8,506 | -84.8% |
| Other amounts payable | 47/48 | €16,500 | - | -€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,452 | €33,852 | -€21,600 | -39.0% |
| Other operating charges | 640/8 | €980 | €1,903 | +€923 | +94.2% |
| Gross operating margin | 9900 | €69,060 | €36,165 | -€32,895 | -47.6% |
| Operating profit (loss) | 9901 | €12,628 | €410 | -€12,218 | -96.8% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €95 | €258 | +€163 | +172% |
| Recurring financial charges | 65 | €95 | €258 | +€163 | +172% |
| Profit (loss) for the period before taxes | 9903 | €12,533 | €212 | -€12,321 | -98.3% |
| Income taxes | 67/77 | €8,731 | €63,180 | +€54,449 | +624% |
| Profit (loss) for the period | 9904 | €3,802 | -€62,968 | -€66,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,802 | -€62,968 | -€66,770 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.