SLIWA: 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.
SLIWA
Largest movements
- Tangible fixed assets -€15,497
down €15,497 (-6.5%), from €236,993 to €221,496
of which Land and buildings: -€14,897
- Deferred charges and accrued income -€5,835
down €5,835 (-97.2%), from €6,000 to €165
- Financial fixed assets +€2,500
new in 2025: €2,500
- Debts after one year -€14,592
down €14,592 (-9.7%), from €150,141 to €135,550
- Other debts -€5,645
down €5,645 (-6.5%), from €87,250 to €81,605
- Other operating charges -€24,715
down €24,715 (-86.5%), from €28,583 to €3,867
- Gross operating margin +€16,952
up €16,952 (+219%), from €7,726 to €24,677
- Financial charges +€1,872
up €1,872 (+47.5%), from €3,943 to €5,815
- Depreciation -€523
down €523 (-3.3%), from €16,020 to €15,497
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 | €243,261 | €224,161 | -€19,100 | -7.9% |
| Fixed assets | 21/28 | €236,993 | €223,996 | -€12,997 | -5.5% |
| Tangible fixed assets | 22/27 | €236,993 | €221,496 | -€15,497 | -6.5% |
| Land and buildings | 22 | €234,205 | €219,308 | -€14,897 | -6.4% |
| Furniture and vehicles | 24 | €2,788 | €2,188 | -€600 | -21.5% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €6,268 | €165 | -€6,103 | -97.4% |
| Cash at bank and in hand | 54/58 | €268 | - | -€268 | |
| Deferred charges and accrued income | 490/1 | €6,000 | €165 | -€5,835 | -97.2% |
| Total equity and liabilities | 10/49 | €243,261 | €224,161 | -€19,100 | -7.9% |
| Equity | 10/15 | -€10,018 | -€10,520 | -€502 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,478 | -€30,980 | -€502 | -1.6% |
| Amounts payable | 17/49 | €253,279 | €234,681 | -€18,598 | -7.3% |
| Amounts payable after more than one year | 17 | €150,141 | €135,550 | -€14,592 | -9.7% |
| Financial debts | 170/4 | €150,141 | €135,550 | -€14,592 | -9.7% |
| Amounts payable within one year | 42/48 | €103,138 | €98,632 | -€4,507 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €14,046 | €14,592 | +€546 | +3.9% |
| Trade debts | 44 | €1,843 | €2,435 | +€593 | +32.2% |
| Suppliers | 440/4 | €1,843 | €2,435 | +€593 | +32.2% |
| Other amounts payable | 47/48 | €87,250 | €81,605 | -€5,645 | -6.5% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,020 | €15,497 | -€523 | -3.3% |
| Other operating charges | 640/8 | €28,583 | €3,867 | -€24,715 | -86.5% |
| Gross operating margin | 9900 | €7,726 | €24,677 | +€16,952 | +219% |
| Operating profit (loss) | 9901 | -€36,877 | €5,313 | +€42,191 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €3,943 | €5,815 | +€1,872 | +47.5% |
| Recurring financial charges | 65 | €3,943 | €5,815 | +€1,872 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,814 | -€502 | +€40,312 | +98.8% |
| Profit (loss) for the period | 9904 | -€40,814 | -€502 | +€40,312 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,814 | -€502 | +€40,312 | +98.8% |
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 15 October 2026 via checked.be.