SLDI: 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.
SLDI
Largest movements
- Receivables within one year -€9,277
down €9,277 (-29.2%), from €31,747 to €22,470
of which Trade receivables: -€8,660
- Cash +€3,154
up €3,154 (+5.9%), from €53,386 to €56,540
mainly Receivables within one year (+€9,277) and Depreciation (+€1,655)
- Tangible fixed assets +€3,064
up €3,064 (+141.1%), from €2,171 to €5,236
of which Other tangible fixed assets: +€2,858
- Stocks and contracts +€1,876
up €1,876 (+4.2%), from €45,085 to €46,961
- Tax, wage and social debts -€2,825
down €2,825 (-7.8%), from €36,001 to €33,176
of which Remuneration and social security: -€2,623
- Staff costs +€26,558
up €26,558 (+14.4%), from €185,046 to €211,604
- Gross operating margin +€10,014
up €10,014 (+4.7%), from €211,006 to €221,020
- Taxes -€4,657
down €4,657, from €4,373 to -€284
- Financial charges +€2,902
up €2,902 (+99.4%), from €2,920 to €5,822
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 | €133,099 | €131,206 | -€1,893 | -1.4% |
| Fixed assets | 21/28 | €2,171 | €5,236 | +€3,064 | +141.1% |
| Tangible fixed assets | 22/27 | €2,171 | €5,236 | +€3,064 | +141.1% |
| Land and buildings | 22 | €744 | €175 | -€569 | -76.5% |
| Plant, machinery and equipment | 23 | €6 | €952 | +€946 | +16280.2% |
| Furniture and vehicles | 24 | €432 | €261 | -€171 | -39.6% |
| Other tangible fixed assets | 26 | €990 | €3,848 | +€2,858 | +288.7% |
| Current assets | 29/58 | €130,927 | €125,970 | -€4,957 | -3.8% |
| Stocks and contracts in progress | 3 | €45,085 | €46,961 | +€1,876 | +4.2% |
| Stocks | 30/36 | €45,085 | €46,961 | +€1,876 | +4.2% |
| Amounts receivable within one year | 40/41 | €31,747 | €22,470 | -€9,277 | -29.2% |
| Trade receivables | 40 | €8,887 | €227 | -€8,660 | -97.4% |
| Other amounts receivable | 41 | €22,860 | €22,243 | -€617 | -2.7% |
| Cash at bank and in hand | 54/58 | €53,386 | €56,540 | +€3,154 | +5.9% |
| Deferred charges and accrued income | 490/1 | €710 | - | -€710 | |
| Total equity and liabilities | 10/49 | €133,099 | €131,206 | -€1,893 | -1.4% |
| Equity | 10/15 | €74,742 | €76,025 | +€1,283 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,282 | €55,565 | +€1,283 | +2.4% |
| Amounts payable | 17/49 | €58,356 | €55,180 | -€3,176 | -5.4% |
| Amounts payable within one year | 42/48 | €58,356 | €55,180 | -€3,176 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €4,133 | €4,244 | +€111 | +2.7% |
| Trade debts | 44 | €18,222 | €17,761 | -€461 | -2.5% |
| Suppliers | 440/4 | €18,222 | €17,761 | -€461 | -2.5% |
| Taxes, remuneration and social security | 45 | €36,001 | €33,176 | -€2,825 | -7.8% |
| Taxes | 450/3 | €21,381 | €21,179 | -€202 | -0.9% |
| Remuneration and social security | 454/9 | €14,620 | €11,997 | -€2,623 | -17.9% |
| Remuneration, social security and pensions | 62 | €185,046 | €211,604 | +€26,558 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,374 | €1,655 | +€282 | +20.5% |
| Other operating charges | 640/8 | €704 | €993 | +€289 | +41.0% |
| Gross operating margin | 9900 | €211,006 | €221,020 | +€10,014 | +4.7% |
| Operating profit (loss) | 9901 | €23,881 | €6,767 | -€17,114 | -71.7% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €2,920 | €5,822 | +€2,902 | +99.4% |
| Recurring financial charges | 65 | €2,920 | €5,822 | +€2,902 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | €20,961 | €999 | -€19,962 | -95.2% |
| Income taxes | 67/77 | €4,373 | -€284 | -€4,657 | |
| Profit (loss) for the period | 9904 | €16,588 | €1,283 | -€15,305 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,588 | €1,283 | -€15,305 | -92.3% |
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 3 October 2026 via checked.be.