Slenne Rules: 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.
Slenne Rules
Largest movements
- Cash +€66,259
up €66,259 (+221.0%), from €29,984 to €96,243
mainly Net result for the year (+€79,121) and Receivables within one year (+€22,323)
- Receivables within one year -€22,323
down €22,323 (-49.7%), from €44,950 to €22,627
of which Trade receivables: -€21,787
- Tangible fixed assets -€8,686
down €8,686 (-21.4%), from €40,561 to €31,875
- Reserves +€79,121
up €79,121 (+247.0%), from €32,029 to €111,150
- Other debts -€53,357
down €53,357 (-100.0%), from €53,357 to €0
- Tax, wage and social debts +€9,079
up €9,079 (+66.5%), from €13,647 to €22,726
- Gross operating margin +€64,641
up €64,641 (+145.3%), from €44,484 to €109,125
- Taxes +€12,586
up €12,586 (+144.7%), from €8,697 to €21,283
- Depreciation +€5,816
up €5,816 (+202.7%), from €2,870 to €8,686
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 | €119,033 | €154,009 | +€34,977 | +29.4% |
| Fixed assets | 21/28 | €40,561 | €31,875 | -€8,686 | -21.4% |
| Tangible fixed assets | 22/27 | €40,561 | €31,875 | -€8,686 | -21.4% |
| Furniture and vehicles | 24 | €40,561 | €31,875 | -€8,686 | -21.4% |
| Current assets | 29/58 | €78,471 | €122,134 | +€43,663 | +55.6% |
| Amounts receivable within one year | 40/41 | €44,950 | €22,627 | -€22,323 | -49.7% |
| Trade receivables | 40 | €44,414 | €22,627 | -€21,787 | -49.1% |
| Other amounts receivable | 41 | €536 | €0 | -€536 | -100.0% |
| Cash at bank and in hand | 54/58 | €29,984 | €96,243 | +€66,259 | +221.0% |
| Deferred charges and accrued income | 490/1 | €3,537 | €3,265 | -€272 | -7.7% |
| Total equity and liabilities | 10/49 | €119,033 | €154,009 | +€34,977 | +29.4% |
| Equity | 10/15 | €52,029 | €131,150 | +€79,121 | +152.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,029 | €111,150 | +€79,121 | +247.0% |
| Distributable reserves | 133 | €32,029 | €111,150 | +€79,121 | +247.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €67,004 | €22,859 | -€44,144 | -65.9% |
| Amounts payable within one year | 42/48 | €67,004 | €22,859 | -€44,144 | -65.9% |
| Trade debts | 44 | - | €133 | +€133 | |
| Suppliers | 440/4 | - | €133 | +€133 | |
| Taxes, remuneration and social security | 45 | €13,647 | €22,726 | +€9,079 | +66.5% |
| Taxes | 450/3 | €13,647 | €22,726 | +€9,079 | +66.5% |
| Other amounts payable | 47/48 | €53,357 | €0 | -€53,357 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,870 | €8,686 | +€5,816 | +202.7% |
| Gross operating margin | 9900 | €44,484 | €109,125 | +€64,641 | +145.3% |
| Operating profit (loss) | 9901 | €41,614 | €100,438 | +€58,824 | +141.4% |
| Financial income | 75/76B | €0 | €10 | +€10 | +19960.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +19960.0% |
| Financial charges | 65/66B | €29 | €45 | +€16 | +53.1% |
| Recurring financial charges | 65 | €29 | €45 | +€16 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €41,585 | €100,404 | +€58,819 | +141.4% |
| Income taxes | 67/77 | €8,697 | €21,283 | +€12,586 | +144.7% |
| Profit (loss) for the period | 9904 | €32,888 | €79,121 | +€46,233 | +140.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,888 | €79,121 | +€46,233 | +140.6% |
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.