SLE 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.
SLE Management
Largest movements
- Cash +€33,656
up €33,656 (+65123.1%), from €52 to €33,707
mainly Other debts (+€53,078) and Net result for the year (+€47,610)
- Receivables within one year -€18,687
down €18,687 (-31.3%), from €59,610 to €40,923
of which Trade receivables: -€38,694
- Tangible fixed assets -€12,206
down €12,206 (-7.1%), from €171,382 to €159,176
of which Land and buildings: -€12,572
- Other debts +€53,078
up €53,078 (+591.6%), from €8,973 to €62,051
- Trade debts -€29,083
down €29,083 (-59.4%), from €48,948 to €19,865
- Reserves -€14,100
down €14,100 (-9.5%), from €148,800 to €134,700
- Tax, wage and social debts -€6,843
down €6,843 (-29.7%), from €23,029 to €16,186
- Gross operating margin +€5,404
up €5,404 (+7.6%), from €71,060 to €76,464
- Taxes -€4,202
down €4,202 (-23.9%), from €17,579 to €13,377
- Depreciation +€2,550
up €2,550 (+24.1%), from €10,583 to €13,133
- Other operating charges -€2,342
down €2,342 (-66.1%), from €3,540 to €1,199
- Financial charges -€979
down €979 (-70.4%), from €1,390 to €411
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 | €231,044 | €233,806 | +€2,762 | +1.2% |
| Fixed assets | 21/28 | €171,382 | €159,176 | -€12,206 | -7.1% |
| Tangible fixed assets | 22/27 | €171,382 | €159,176 | -€12,206 | -7.1% |
| Land and buildings | 22 | €170,562 | €157,990 | -€12,572 | -7.4% |
| Plant, machinery and equipment | 23 | €479 | €1,026 | +€547 | +114.4% |
| Furniture and vehicles | 24 | €342 | €160 | -€182 | -53.2% |
| Current assets | 29/58 | €59,661 | €74,630 | +€14,969 | +25.1% |
| Amounts receivable within one year | 40/41 | €59,610 | €40,923 | -€18,687 | -31.3% |
| Trade receivables | 40 | €55,076 | €16,382 | -€38,694 | -70.3% |
| Other amounts receivable | 41 | €4,533 | €24,541 | +€20,007 | +441.3% |
| Cash at bank and in hand | 54/58 | €52 | €33,707 | +€33,656 | +65123.1% |
| Total equity and liabilities | 10/49 | €231,044 | €233,806 | +€2,762 | +1.2% |
| Equity | 10/15 | €150,094 | €135,704 | -€14,390 | -9.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €148,800 | €134,700 | -€14,100 | -9.5% |
| Distributable reserves | 133 | €148,800 | €134,700 | -€14,100 | -9.5% |
| Profit (loss) carried forward | 14 | €294 | €4 | -€290 | -98.6% |
| Amounts payable | 17/49 | €80,950 | €98,102 | +€17,152 | +21.2% |
| Amounts payable within one year | 42/48 | €80,950 | €98,102 | +€17,152 | +21.2% |
| Trade debts | 44 | €48,948 | €19,865 | -€29,083 | -59.4% |
| Suppliers | 440/4 | €48,948 | €19,865 | -€29,083 | -59.4% |
| Taxes, remuneration and social security | 45 | €23,029 | €16,186 | -€6,843 | -29.7% |
| Taxes | 450/3 | €23,029 | €16,186 | -€6,843 | -29.7% |
| Other amounts payable | 47/48 | €8,973 | €62,051 | +€53,078 | +591.6% |
| Non-recurring operating income | 76A | €785 | - | -€785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,583 | €13,133 | +€2,550 | +24.1% |
| Other operating charges | 640/8 | €3,540 | €1,199 | -€2,342 | -66.1% |
| Non-recurring operating charges | 66A | - | €1,050 | +€1,050 | |
| Gross operating margin | 9900 | €71,060 | €76,464 | +€5,404 | +7.6% |
| Operating profit (loss) | 9901 | €56,937 | €61,082 | +€4,145 | +7.3% |
| Financial income | 75/76B | - | €315 | +€315 | |
| Recurring financial income | 75 | - | €315 | +€315 | |
| Financial charges | 65/66B | €1,390 | €411 | -€979 | -70.4% |
| Recurring financial charges | 65 | €1,390 | €411 | -€979 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €55,548 | €60,987 | +€5,439 | +9.8% |
| Income taxes | 67/77 | €17,579 | €13,377 | -€4,202 | -23.9% |
| Profit (loss) for the period | 9904 | €37,969 | €47,610 | +€9,641 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,969 | €47,610 | +€9,641 | +25.4% |
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 11 October 2026 via checked.be.