SLD CONCEPT: 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.
SLD CONCEPT
Largest movements
- Receivables within one year -€24,809
down €24,809 (-44.0%), from €56,401 to €31,592
of which Trade receivables: -€13,926
- Tangible fixed assets -€10,838
down €10,838 (-45.7%), from €23,709 to €12,871
of which Furniture and vehicles: -€10,635
- Profit (loss) carried forward -€29,346
down €29,346, from €11,553 to -€17,793
- Trade debts -€6,246
down €6,246 (-14.3%), from €43,619 to €37,373
- Debts after one year -€5,113
down €5,113 (-30.1%), from €16,982 to €11,868
- Other debts +€1,700
new in 2025: €1,700
- Tax, wage and social debts +€1,249
up €1,249 (+40.8%), from €3,058 to €4,306
- Gross operating margin -€27,167
down €27,167, from €25,645 to -€1,522
- Other operating charges +€13,937
up €13,937 (+7129.7%), from €195 to €14,133
- Taxes -€3,009
down €3,009 (-98.4%), from €3,058 to €49
- Financial charges +€1,359
up €1,359 (+94.0%), from €1,446 to €2,805
- Depreciation +€1,114
up €1,114 (+11.5%), from €9,723 to €10,838
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 | €82,608 | €45,800 | -€36,808 | -44.6% |
| Fixed assets | 21/28 | €23,709 | €12,871 | -€10,838 | -45.7% |
| Tangible fixed assets | 22/27 | €23,709 | €12,871 | -€10,838 | -45.7% |
| Plant, machinery and equipment | 23 | €819 | €616 | -€202 | -24.7% |
| Furniture and vehicles | 24 | €22,890 | €12,255 | -€10,635 | -46.5% |
| Current assets | 29/58 | €58,899 | €32,929 | -€25,970 | -44.1% |
| Amounts receivable within one year | 40/41 | €56,401 | €31,592 | -€24,809 | -44.0% |
| Trade receivables | 40 | €43,745 | €29,819 | -€13,926 | -31.8% |
| Other amounts receivable | 41 | €12,656 | €1,773 | -€10,883 | -86.0% |
| Cash at bank and in hand | 54/58 | €2,053 | €1,336 | -€716 | -34.9% |
| Deferred charges and accrued income | 490/1 | €445 | - | -€445 | |
| Total equity and liabilities | 10/49 | €82,608 | €45,800 | -€36,808 | -44.6% |
| Equity | 10/15 | €14,053 | -€15,293 | -€29,346 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,553 | -€17,793 | -€29,346 | |
| Amounts payable | 17/49 | €68,554 | €61,093 | -€7,462 | -10.9% |
| Amounts payable after more than one year | 17 | €16,982 | €11,868 | -€5,113 | -30.1% |
| Financial debts | 170/4 | €16,982 | €11,868 | -€5,113 | -30.1% |
| Amounts payable within one year | 42/48 | €51,573 | €48,493 | -€3,080 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €4,896 | €5,113 | +€217 | +4.4% |
| Trade debts | 44 | €43,619 | €37,373 | -€6,246 | -14.3% |
| Suppliers | 440/4 | €43,619 | €37,373 | -€6,246 | -14.3% |
| Taxes, remuneration and social security | 45 | €3,058 | €4,306 | +€1,249 | +40.8% |
| Taxes | 450/3 | €3,058 | €4,306 | +€1,249 | +40.8% |
| Other amounts payable | 47/48 | - | €1,700 | +€1,700 | |
| Accrued charges and deferred income | 492/3 | - | €732 | +€732 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,723 | €10,838 | +€1,114 | +11.5% |
| Other operating charges | 640/8 | €195 | €14,133 | +€13,937 | +7129.7% |
| Gross operating margin | 9900 | €25,645 | -€1,522 | -€27,167 | |
| Operating profit (loss) | 9901 | €15,726 | -€26,493 | -€42,219 | |
| Financial income | 75/76B | €331 | €0 | -€330 | -100.0% |
| Recurring financial income | 75 | €331 | €0 | -€330 | -100.0% |
| Financial charges | 65/66B | €1,446 | €2,805 | +€1,359 | +94.0% |
| Recurring financial charges | 65 | €1,446 | €2,805 | +€1,359 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | €14,611 | -€29,297 | -€43,908 | |
| Income taxes | 67/77 | €3,058 | €49 | -€3,009 | -98.4% |
| Profit (loss) for the period | 9904 | €11,553 | -€29,346 | -€40,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,553 | -€29,346 | -€40,899 |
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 6 October 2026 via checked.be.