SLING: 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.
SLING
Largest movements
- Tangible fixed assets -€16,911
down €16,911 (-20.1%), from €84,211 to €67,300
- Receivables within one year +€5,943
up €5,943 (+15.0%), from €39,557 to €45,499
of which Trade receivables: +€11,060
- Cash -€5,700
down €5,700 (-21.2%), from €26,843 to €21,143
mainly Contributions, distributions and other (-€33,751) and Accrued charges and deferred income (-€7,621)
- Reserves -€33,751
down €33,751 (-26.2%), from €129,011 to €95,260
- Other debts +€28,716
up €28,716 (+522.1%), from €5,500 to €34,216
- Accrued charges and deferred income -€7,621
down €7,621 (-78.4%), from €9,721 to €2,100
- Short-term financial debts -€4,964
down €4,964 (-99.0%), from €5,014 to €50
- Trade debts +€4,301
up €4,301 (+377.4%), from €1,140 to €5,440
- Gross operating margin -€3,243
down €3,243 (-16.1%), from €20,119 to €16,876
- Taxes -€648
down €648 (-39.1%), from €1,658 to €1,010
- Depreciation -€491
down €491 (-2.7%), from €18,002 to €17,511
- Other operating charges +€284
up €284 (+24.2%), from €1,171 to €1,455
- Financial charges -€213
down €213 (-33.8%), from €630 to €417
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 | €166,569 | €149,373 | -€17,196 | -10.3% |
| Fixed assets | 21/28 | €86,076 | €68,564 | -€17,511 | -20.3% |
| Intangible fixed assets | 21 | €1,864 | €1,264 | -€600 | -32.2% |
| Tangible fixed assets | 22/27 | €84,211 | €67,300 | -€16,911 | -20.1% |
| Land and buildings | 22 | €46,946 | €40,239 | -€6,707 | -14.3% |
| Plant, machinery and equipment | 23 | €2,854 | €2,172 | -€682 | -23.9% |
| Furniture and vehicles | 24 | €22,941 | €14,761 | -€8,180 | -35.7% |
| Other tangible fixed assets | 26 | €11,471 | €10,128 | -€1,343 | -11.7% |
| Current assets | 29/58 | €80,494 | €80,809 | +€315 | +0.4% |
| Amounts receivable within one year | 40/41 | €39,557 | €45,499 | +€5,943 | +15.0% |
| Trade receivables | 40 | €24,558 | €35,618 | +€11,060 | +45.0% |
| Other amounts receivable | 41 | €14,999 | €9,881 | -€5,118 | -34.1% |
| Current investments | 50/53 | €12,000 | €12,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,843 | €21,143 | -€5,700 | -21.2% |
| Deferred charges and accrued income | 490/1 | €2,094 | €2,166 | +€72 | +3.4% |
| Total equity and liabilities | 10/49 | €166,569 | €149,373 | -€17,196 | -10.3% |
| Equity | 10/15 | €141,411 | €104,145 | -€37,266 | -26.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €129,011 | €95,260 | -€33,751 | -26.2% |
| Distributable reserves | 133 | €129,011 | €95,260 | -€33,751 | -26.2% |
| Profit (loss) carried forward | 14 | - | -€3,515 | -€3,515 | |
| Amounts payable | 17/49 | €25,159 | €45,228 | +€20,069 | +79.8% |
| Amounts payable within one year | 42/48 | €15,438 | €43,128 | +€27,690 | +179.4% |
| Current portion of amounts payable after more than one year | 42 | €2,619 | - | -€2,619 | |
| Financial debts | 43 | €5,014 | €50 | -€4,964 | -99.0% |
| Credit institutions | 430/8 | €5,014 | €50 | -€4,964 | -99.0% |
| Trade debts | 44 | €1,140 | €5,440 | +€4,301 | +377.4% |
| Suppliers | 440/4 | €1,140 | €5,440 | +€4,301 | +377.4% |
| Taxes, remuneration and social security | 45 | €1,165 | €3,421 | +€2,256 | +193.6% |
| Taxes | 450/3 | €1,165 | €3,421 | +€2,256 | +193.6% |
| Other amounts payable | 47/48 | €5,500 | €34,216 | +€28,716 | +522.1% |
| Accrued charges and deferred income | 492/3 | €9,721 | €2,100 | -€7,621 | -78.4% |
| Non-recurring operating income | 76A | €537 | €176 | -€361 | -67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,002 | €17,511 | -€491 | -2.7% |
| Other operating charges | 640/8 | €1,171 | €1,455 | +€284 | +24.2% |
| Non-recurring operating charges | 66A | €2,210 | - | -€2,210 | |
| Gross operating margin | 9900 | €20,119 | €16,876 | -€3,243 | -16.1% |
| Operating profit (loss) | 9901 | -€1,264 | -€2,090 | -€826 | -65.3% |
| Financial income | 75/76B | €27 | €3 | -€24 | -88.6% |
| Recurring financial income | 75 | €27 | €3 | -€24 | -88.6% |
| Financial charges | 65/66B | €630 | €417 | -€213 | -33.8% |
| Recurring financial charges | 65 | €630 | €417 | -€213 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,867 | -€2,505 | -€638 | -34.1% |
| Income taxes | 67/77 | €1,658 | €1,010 | -€648 | -39.1% |
| Profit (loss) for the period | 9904 | -€3,525 | -€3,515 | +€10 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,525 | -€3,515 | +€10 | +0.3% |
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 3 October 2026 via checked.be.