SLGB Services: 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.
SLGB Services
Largest movements
- Cash +€84,382
up €84,382 (+51.0%), from €165,592 to €249,974
mainly Net result for the year (+€104,309) and Depreciation (+€7,721)
- Receivables within one year +€8,406
up €8,406 (+32.0%), from €26,298 to €34,704
of which Trade receivables: +€8,659
- Reserves +€106,000
up €106,000 (+68.4%), from €155,000 to €261,000
- Tax, wage and social debts -€12,692
down €12,692 (-28.3%), from €44,861 to €32,169
- Gross operating margin +€54,029
up €54,029 (+59.9%), from €90,238 to €144,267
- Taxes +€13,200
up €13,200 (+74.0%), from €17,846 to €31,046
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 | €206,855 | €299,080 | +€92,225 | +44.6% |
| Fixed assets | 21/28 | €11,372 | €10,735 | -€637 | -5.6% |
| Tangible fixed assets | 22/27 | €11,372 | €10,735 | -€637 | -5.6% |
| Furniture and vehicles | 24 | €11,372 | €3,744 | -€7,628 | -67.1% |
| Other tangible fixed assets | 26 | - | €6,990 | +€6,990 | |
| Current assets | 29/58 | €195,483 | €288,345 | +€92,862 | +47.5% |
| Amounts receivable within one year | 40/41 | €26,298 | €34,704 | +€8,406 | +32.0% |
| Trade receivables | 40 | €25,175 | €33,834 | +€8,659 | +34.4% |
| Other amounts receivable | 41 | €1,123 | €870 | -€253 | -22.5% |
| Current investments | 50/53 | €2,000 | €2,097 | +€97 | +4.8% |
| Cash at bank and in hand | 54/58 | €165,592 | €249,974 | +€84,382 | +51.0% |
| Deferred charges and accrued income | 490/1 | €1,593 | €1,570 | -€23 | -1.5% |
| Total equity and liabilities | 10/49 | €206,855 | €299,080 | +€92,225 | +44.6% |
| Equity | 10/15 | €161,028 | €265,338 | +€104,309 | +64.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €261,000 | +€106,000 | +68.4% |
| Distributable reserves | 133 | €155,000 | €261,000 | +€106,000 | +68.4% |
| Profit (loss) carried forward | 14 | €2,028 | €338 | -€1,691 | -83.4% |
| Amounts payable | 17/49 | €45,827 | €33,742 | -€12,084 | -26.4% |
| Amounts payable within one year | 42/48 | €45,761 | €33,675 | -€12,086 | -26.4% |
| Financial debts | 43 | €88 | €301 | +€213 | +242% |
| Credit institutions | 430/8 | €88 | €301 | +€213 | +242% |
| Trade debts | 44 | €812 | €1,206 | +€393 | +48.4% |
| Suppliers | 440/4 | €812 | €1,206 | +€393 | +48.4% |
| Taxes, remuneration and social security | 45 | €44,861 | €32,169 | -€12,692 | -28.3% |
| Taxes | 450/3 | €44,861 | €32,169 | -€12,692 | -28.3% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,268 | €7,721 | +€453 | +6.2% |
| Other operating charges | 640/8 | €586 | €1,029 | +€443 | +75.6% |
| Gross operating margin | 9900 | €90,238 | €144,267 | +€54,029 | +59.9% |
| Operating profit (loss) | 9901 | €82,384 | €135,517 | +€53,132 | +64.5% |
| Financial income | 75/76B | €29 | €327 | +€298 | +1,038% |
| Recurring financial income | 75 | €29 | €327 | +€298 | +1,038% |
| Financial charges | 65/66B | €248 | €489 | +€241 | +97.3% |
| Recurring financial charges | 65 | €248 | €489 | +€241 | +97.3% |
| Profit (loss) for the period before taxes | 9903 | €82,166 | €135,355 | +€53,190 | +64.7% |
| Income taxes | 67/77 | €17,846 | €31,046 | +€13,200 | +74.0% |
| Profit (loss) for the period | 9904 | €64,320 | €104,309 | +€39,990 | +62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,320 | €104,309 | +€39,990 | +62.2% |
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 16 October 2026 via checked.be.