SLDR CONCEPT: 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.
SLDR CONCEPT
Largest movements
- Stocks and contracts -€4,687
down €4,687 (-23.3%), from €20,122 to €15,435
- Cash +€3,160
up €3,160 (+15.1%), from €20,874 to €24,035
mainly Net result for the year (+€5,160) and Stocks and contracts (+€4,687)
- Tangible fixed assets -€2,292
down €2,292 (-40.5%), from €5,663 to €3,371
of which Plant, machinery and equipment: -€1,515
- Receivables within one year +€730
up €730 (+17.7%), from €4,119 to €4,848
of which Trade receivables: +€998
- Profit (loss) carried forward +€5,160
up €5,160 (+23.4%), from €22,097 to €27,257
- Current portion of long-term debt -€4,525
down €4,525 (-100%), from €4,525 to €0
- Tax, wage and social debts -€2,694
down €2,694 (-17.5%), from €15,412 to €12,718
of which Taxes: -€2,671
- Trade debts -€998
down €998 (-30.7%), from €3,254 to €2,256
- Gross operating margin -€6,572
down €6,572 (-30.2%), from €21,782 to €15,210
- Taxes -€1,436
down €1,436 (-41.9%), from €3,429 to €1,992
- Depreciation +€531
up €531 (+30.1%), from €1,761 to €2,292
- Financial charges -€379
down €379 (-62.7%), from €605 to €226
- Staff costs +€307
up €307 (+5.9%), from €5,238 to €5,545
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 | €51,147 | €48,490 | -€2,657 | -5.2% |
| Fixed assets | 21/28 | €5,663 | €3,371 | -€2,292 | -40.5% |
| Tangible fixed assets | 22/27 | €5,663 | €3,371 | -€2,292 | -40.5% |
| Plant, machinery and equipment | 23 | €3,146 | €1,631 | -€1,515 | -48.2% |
| Other tangible fixed assets | 26 | €2,517 | €1,740 | -€777 | -30.9% |
| Current assets | 29/58 | €45,485 | €45,120 | -€365 | -0.8% |
| Stocks and contracts in progress | 3 | €20,122 | €15,435 | -€4,687 | -23.3% |
| Stocks | 30/36 | €20,122 | €15,435 | -€4,687 | -23.3% |
| Amounts receivable within one year | 40/41 | €4,119 | €4,848 | +€730 | +17.7% |
| Trade receivables | 40 | €450 | €1,448 | +€998 | +222% |
| Other amounts receivable | 41 | €3,669 | €3,400 | -€269 | -7.3% |
| Cash at bank and in hand | 54/58 | €20,874 | €24,035 | +€3,160 | +15.1% |
| Deferred charges and accrued income | 490/1 | €370 | €802 | +€432 | +117% |
| Total equity and liabilities | 10/49 | €51,147 | €48,490 | -€2,657 | -5.2% |
| Equity | 10/15 | €27,097 | €32,257 | +€5,160 | +19.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,097 | €27,257 | +€5,160 | +23.4% |
| Amounts payable | 17/49 | €24,050 | €16,233 | -€7,817 | -32.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €24,050 | €15,833 | -€8,217 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €4,525 | €0 | -€4,525 | -100% |
| Trade debts | 44 | €3,254 | €2,256 | -€998 | -30.7% |
| Suppliers | 440/4 | €3,254 | €2,256 | -€998 | -30.7% |
| Taxes, remuneration and social security | 45 | €15,412 | €12,718 | -€2,694 | -17.5% |
| Taxes | 450/3 | €12,507 | €9,835 | -€2,671 | -21.4% |
| Remuneration and social security | 454/9 | €2,906 | €2,883 | -€23 | -0.8% |
| Other amounts payable | 47/48 | €859 | €859 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €5,238 | €5,545 | +€307 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,761 | €2,292 | +€531 | +30.1% |
| Other operating charges | 640/8 | €142 | €190 | +€48 | +33.8% |
| Gross operating margin | 9900 | €21,782 | €15,210 | -€6,572 | -30.2% |
| Operating profit (loss) | 9901 | €14,641 | €7,182 | -€7,459 | -50.9% |
| Financial income | 75/76B | €268 | €196 | -€73 | -27.1% |
| Recurring financial income | 75 | €268 | €196 | -€73 | -27.1% |
| Financial charges | 65/66B | €605 | €226 | -€379 | -62.7% |
| Recurring financial charges | 65 | €605 | €226 | -€379 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €14,304 | €7,152 | -€7,152 | -50.0% |
| Income taxes | 67/77 | €3,429 | €1,992 | -€1,436 | -41.9% |
| Profit (loss) for the period | 9904 | €10,875 | €5,160 | -€5,715 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,875 | €5,160 | -€5,715 | -52.6% |
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 13 October 2026 via checked.be.