Slingshot: 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.
What changed
Slingshot
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€370,293
2024 · €581,159-€210,865
Equity
€1.6m
2024 · €2.7m-€1.1m
Cash
€6,013
2024 · €5,409+€604
Balance sheet total
€3.3m
2024 · €3.3m+€1,569
Largest movements
Assets
- Financial fixed assets +€49,600
up €49,600 (+3.0%), from €1.7m to €1.7m
- Receivables within one year -€36,434
down €36,434 (-2.3%), from €1.6m to €1.5m
of which Trade receivables: -€294,319
Equity and liabilities
- Other debts +€1.2m
up €1.2m (+385%), from €309,466 to €1.5m
- Reserves -€1.1m
down €1.1m (-42.8%), from €2.6m to €1.5m
of which Distributable reserves: -€1.1m
- Trade debts -€49,571
down €49,571 (-21.5%), from €230,129 to €180,558
Income statement
- Turnover -€767,949
down €767,949 (-29.1%), from €2.6m to €1.9m
- Purchases and services -€762,278
down €762,278 (-34.1%), from €2.2m to €1.5m
- Financial income -€280,757
down €280,757 (-52.3%), from €537,122 to €256,365
- Staff costs -€61,661
down €61,661 (-16.9%), from €365,276 to €303,615
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.
Result 2024
€581,159
Gross operating margin
+€25,790
Staff costs
+€61,661
Depreciation
+€2,096
Write-downs
+€221
Other operating charges
-€898
Other operating items
-€20,670
Financial income
-€280,757
Financial charges
+€1,516
Taxes
+€176
Result 2025
€370,293
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.6m
Investment
-€49,982
Financing
-€1.5m
Cash 2024
€5,409
From operations (derived)
+€1.6m
Net result for the year
+€370,293
Depreciation
+€7,086
Receivables within one year
+€36,434
Deferred charges and accrued income
+€5,496
Provisions
+€562
Trade debts
-€49,571
Tax, wage and social debts
-€10,250
Other debts
+€1.2m
Investment (derived)
-€49,982
Investment in fixed assets (net)
-€49,982
Financing
-€1.5m
Contributions, distributions and other
-€1.5m
Cash 2025
€6,013
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,291,292 | €3,292,861 | +€1,569 | 0.0% |
| Fixed assets | 21/28 | €1,692,903 | €1,735,799 | +€42,896 | +2.5% |
| Tangible fixed assets | 22/27 | €15,431 | €8,727 | -€6,704 | -43.4% |
| Plant, machinery and equipment | 23 | €15,431 | €8,727 | -€6,704 | -43.4% |
| Financial fixed assets | 28 | €1,677,472 | €1,727,072 | +€49,600 | +3.0% |
| Current assets | 29/58 | €1,598,389 | €1,557,062 | -€41,327 | -2.6% |
| Amounts receivable within one year | 40/41 | €1,584,377 | €1,547,942 | -€36,434 | -2.3% |
| Trade receivables | 40 | €574,342 | €280,023 | -€294,319 | -51.2% |
| Other amounts receivable | 41 | €1,010,035 | €1,267,920 | +€257,884 | +25.5% |
| Cash at bank and in hand | 54/58 | €5,409 | €6,013 | +€604 | +11.2% |
| Deferred charges and accrued income | 490/1 | €8,603 | €3,107 | -€5,496 | -63.9% |
| Total equity and liabilities | 10/49 | €3,291,292 | €3,292,861 | +€1,569 | 0.0% |
| Equity | 10/15 | €2,700,238 | €1,570,531 | -€1.1m | -41.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,638,150 | €1,508,531 | -€1.1m | -42.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,631,950 | €1,502,331 | -€1.1m | -42.9% |
| Profit (loss) carried forward | 14 | €88 | - | -€88 | |
| Provisions and deferred taxes | 16 | €3,862 | €4,424 | +€562 | +14.6% |
| Provisions for liabilities and charges | 160/5 | €3,862 | €4,424 | +€562 | +14.6% |
| Pensions and similar obligations | 160 | €3,862 | €4,424 | +€562 | +14.6% |
| Amounts payable | 17/49 | €587,192 | €1,717,905 | +€1.1m | +193% |
| Amounts payable within one year | 42/48 | €587,192 | €1,717,905 | +€1.1m | +193% |
| Trade debts | 44 | €230,129 | €180,558 | -€49,571 | -21.5% |
| Suppliers | 440/4 | €230,129 | €180,558 | -€49,571 | -21.5% |
| Taxes, remuneration and social security | 45 | €47,597 | €37,347 | -€10,250 | -21.5% |
| Taxes | 450/3 | €4,473 | €5,483 | +€1,010 | +22.6% |
| Remuneration and social security | 454/9 | €43,124 | €31,864 | -€11,260 | -26.1% |
| Other amounts payable | 47/48 | €309,466 | €1,500,000 | +€1.2m | +385% |
| Turnover | 70 | €2,636,421 | €1,868,473 | -€767,949 | -29.1% |
| Non-recurring operating income | 76A | €412 | €1 | -€411 | -99.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,238,555 | €1,476,277 | -€762,278 | -34.1% |
| Remuneration, social security and pensions | 62 | €365,276 | €303,615 | -€61,661 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,181 | €7,086 | -€2,096 | -22.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €783 | €562 | -€221 | -28.2% |
| Other operating charges | 640/8 | €3,268 | €4,166 | +€898 | +27.5% |
| Non-recurring operating charges | 66A | €31,274 | €51,944 | +€20,670 | +66.1% |
| Gross operating margin | 9900 | €462,383 | €488,174 | +€25,790 | +5.6% |
| Operating profit (loss) | 9901 | €52,601 | €120,801 | +€68,200 | +130% |
| Financial income | 75/76B | €537,122 | €256,365 | -€280,757 | -52.3% |
| Recurring financial income | 75 | €537,122 | €256,365 | -€280,757 | -52.3% |
| Financial charges | 65/66B | €7,598 | €6,082 | -€1,516 | -20.0% |
| Recurring financial charges | 65 | €7,598 | €6,082 | -€1,516 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €582,125 | €371,084 | -€211,041 | -36.3% |
| Income taxes | 67/77 | €967 | €791 | -€176 | -18.2% |
| Profit (loss) for the period | 9904 | €581,159 | €370,293 | -€210,865 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €581,159 | €370,293 | -€210,865 | -36.3% |
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 20 October 2026 via checked.be.