SLEEUWAERT DAVY: what changed
What changed
SLEEUWAERT DAVY
NACE 23.610, Manufacture of other non-metallic mineral products
filed annual accounts (NBB)
Net result for the year
€6,267
2024 · €560+€5,708
Equity
€109,874
2024 · €103,627+€6,247
Cash
€21,611
2024 · €47,380-€25,769
Balance sheet total
€421,415
2024 · €404,122+€17,293
Largest movements
Assets
- Cash -€25,769
down €25,769 (-54.4%), from €47,380 to €21,611
mainly Investment in fixed assets (net) (-€76,992) and Receivables within one year (-€14,616)
- Tangible fixed assets +€23,521
up €23,521 (+7.8%), from €300,960 to €324,481
of which Land and buildings: +€44,977
- Receivables within one year +€14,616
up €14,616 (+26.8%), from €54,564 to €69,181
of which Other amounts receivable: +€18,027
Equity and liabilities
- Current portion of long-term debt +€10,641
up €10,641 (+26.5%), from €40,090 to €50,731
- Other debts -€7,028
no longer reported in 2025 (was €7,028)
- Profit (loss) carried forward +€6,247
up €6,247 (+52.2%), from -€11,958 to -€5,712
- Short-term financial debts +€4,393
up €4,393 (+1,014%), from €433 to €4,826
Income statement
- Depreciation -€20,119
down €20,119 (-27.3%), from €73,640 to €53,521
- Gross operating margin +€9,624
up €9,624 (+11.8%), from €81,592 to €91,216
- Taxes +€5,157
up €5,157 (+2,543%), from €203 to €5,359
- Other operating charges +€2,752
up €2,752 (+131%), from €2,100 to €4,853
- Financial charges +€1,743
up €1,743 (+31.3%), from €5,561 to €7,304
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€560
Gross operating margin
+€9,624
Depreciation
+€20,119
Other operating charges
-€2,752
Other operating items
-€15,195
Financial income
+€811
Financial charges
-€1,743
Taxes
-€5,157
Result 2025
€6,267
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€36,643
Investment
-€76,992
Financing
+€14,580
Cash 2024
€47,380
From operations (derived)
+€36,643
Net result for the year
+€6,267
Depreciation
+€53,521
Stocks and contracts
-€3,900
Receivables within one year
-€14,616
Deferred charges and accrued income
-€1,074
Trade debts
+€2,326
Tax, wage and social debts
+€1,147
Other debts
-€7,028
Investment (derived)
-€76,992
Investment in fixed assets (net)
-€76,992
Financing
+€14,580
Debts after one year
-€434
Current portion of long-term debt
+€10,641
Short-term financial debts
+€4,393
Contributions, distributions and other
-€21
Cash 2025
€21,611
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €404,122 | €421,415 | +€17,293 | +4.3% |
| Fixed assets | 21/28 | €301,790 | €325,261 | +€23,471 | +7.8% |
| Intangible fixed assets | 21 | €830 | €530 | -€300 | -36.1% |
| Tangible fixed assets | 22/27 | €300,960 | €324,481 | +€23,521 | +7.8% |
| Land and buildings | 22 | €162,899 | €207,877 | +€44,977 | +27.6% |
| Plant, machinery and equipment | 23 | €32,764 | €29,023 | -€3,740 | -11.4% |
| Furniture and vehicles | 24 | €105,297 | €87,581 | -€17,716 | -16.8% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €102,333 | €96,154 | -€6,179 | -6.0% |
| Stocks and contracts in progress | 3 | - | €3,900 | +€3,900 | |
| Stocks | 30/36 | - | €3,900 | +€3,900 | |
| Amounts receivable within one year | 40/41 | €54,564 | €69,181 | +€14,616 | +26.8% |
| Trade receivables | 40 | €36,627 | €33,216 | -€3,411 | -9.3% |
| Other amounts receivable | 41 | €17,937 | €35,965 | +€18,027 | +101% |
| Cash at bank and in hand | 54/58 | €47,380 | €21,611 | -€25,769 | -54.4% |
| Deferred charges and accrued income | 490/1 | €388 | €1,462 | +€1,074 | +277% |
| Total equity and liabilities | 10/49 | €404,122 | €421,415 | +€17,293 | +4.3% |
| Equity | 10/15 | €103,627 | €109,874 | +€6,247 | +6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €103,186 | €103,186 | = | 0.0% |
| Distributable reserves | 133 | €103,186 | €103,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,958 | -€5,712 | +€6,247 | +52.2% |
| Amounts payable | 17/49 | €300,495 | €311,541 | +€11,046 | +3.7% |
| Amounts payable after more than one year | 17 | €234,266 | €233,832 | -€434 | -0.2% |
| Financial debts | 170/4 | €234,266 | €233,832 | -€434 | -0.2% |
| Amounts payable within one year | 42/48 | €66,229 | €77,710 | +€11,480 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €40,090 | €50,731 | +€10,641 | +26.5% |
| Financial debts | 43 | €433 | €4,826 | +€4,393 | +1,014% |
| Credit institutions | 430/8 | €433 | €4,826 | +€4,393 | +1,014% |
| Trade debts | 44 | €18,276 | €20,602 | +€2,326 | +12.7% |
| Suppliers | 440/4 | €18,276 | €20,602 | +€2,326 | +12.7% |
| Taxes, remuneration and social security | 45 | €403 | €1,551 | +€1,147 | +285% |
| Taxes | 450/3 | €403 | €1,551 | +€1,147 | +285% |
| Other amounts payable | 47/48 | €7,028 | - | -€7,028 | |
| Non-recurring operating income | 76A | - | €23,197 | +€23,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,640 | €53,521 | -€20,119 | -27.3% |
| Other operating charges | 640/8 | €2,100 | €4,853 | +€2,752 | +131% |
| Non-recurring operating charges | 66A | - | €15,195 | +€15,195 | |
| Gross operating margin | 9900 | €81,592 | €91,216 | +€9,624 | +11.8% |
| Operating profit (loss) | 9901 | €5,851 | €17,647 | +€11,796 | +202% |
| Financial income | 75/76B | €472 | €1,283 | +€811 | +172% |
| Recurring financial income | 75 | €472 | €1,283 | +€811 | +172% |
| Financial charges | 65/66B | €5,561 | €7,304 | +€1,743 | +31.3% |
| Recurring financial charges | 65 | €5,561 | €7,304 | +€1,743 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €762 | €11,627 | +€10,864 | +1,425% |
| Income taxes | 67/77 | €203 | €5,359 | +€5,157 | +2,543% |
| Profit (loss) for the period | 9904 | €560 | €6,267 | +€5,708 | +1,020% |
| Profit (loss) for the period to be appropriated | 9905 | €560 | €6,267 | +€5,708 | +1,020% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.