SLJ Concept: 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.
SLJ Concept
Largest movements
- Tangible fixed assets +€15,348
up €15,348 (+158.2%), from €9,703 to €25,051
of which Furniture and vehicles: +€14,938
- Stocks and contracts +€7,273
new in 2025: €7,273
- Receivables within one year +€5,469
new in 2025: €5,469
- Other debts +€31,119
up €31,119 (+145.2%), from €21,439 to €52,558
- Profit (loss) carried forward +€16,908
up €16,908 (+35.7%), from -€47,381 to -€30,473
- Trade debts -€8,776
down €8,776 (-69.7%), from €12,590 to €3,814
- Current portion of long-term debt -€5,803
no longer reported in 2025 (was €5,803)
- Tax, wage and social debts -€5,336
down €5,336 (-97.4%), from €5,478 to €142
- Gross operating margin +€17,063
up €17,063 (+236.4%), from €7,219 to €24,282
- Depreciation +€1,571
up €1,571 (+30.1%), from €5,220 to €6,791
- Financial charges -€404
down €404 (-40.9%), from €987 to €583
- Other operating charges -€373
no longer reported in 2025 (was €373)
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 | €14,189 | €42,301 | +€28,112 | +198.1% |
| Fixed assets | 21/28 | €9,876 | €25,225 | +€15,348 | +155.4% |
| Tangible fixed assets | 22/27 | €9,703 | €25,051 | +€15,348 | +158.2% |
| Plant, machinery and equipment | 23 | €4 | €525 | +€521 | +12007.8% |
| Furniture and vehicles | 24 | €9,075 | €24,013 | +€14,938 | +164.6% |
| Other tangible fixed assets | 26 | €623 | €513 | -€110 | -17.7% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €4,313 | €17,076 | +€12,763 | +296.0% |
| Stocks and contracts in progress | 3 | - | €7,273 | +€7,273 | |
| Stocks | 30/36 | - | €7,273 | +€7,273 | |
| Amounts receivable within one year | 40/41 | - | €5,469 | +€5,469 | |
| Other amounts receivable | 41 | - | €5,469 | +€5,469 | |
| Cash at bank and in hand | 54/58 | €4,313 | €4,334 | +€22 | +0.5% |
| Total equity and liabilities | 10/49 | €14,189 | €42,301 | +€28,112 | +198.1% |
| Equity | 10/15 | -€31,121 | -€14,213 | +€16,908 | +54.3% |
| Contributions | 10/11 | €16,260 | €16,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,381 | -€30,473 | +€16,908 | +35.7% |
| Amounts payable | 17/49 | €45,310 | €56,514 | +€11,204 | +24.7% |
| Amounts payable within one year | 42/48 | €45,310 | €56,514 | +€11,204 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €5,803 | - | -€5,803 | |
| Trade debts | 44 | €12,590 | €3,814 | -€8,776 | -69.7% |
| Suppliers | 440/4 | €12,590 | €3,814 | -€8,776 | -69.7% |
| Taxes, remuneration and social security | 45 | €5,478 | €142 | -€5,336 | -97.4% |
| Taxes | 450/3 | €5,478 | €142 | -€5,336 | -97.4% |
| Other amounts payable | 47/48 | €21,439 | €52,558 | +€31,119 | +145.2% |
| Non-recurring operating income | 76A | - | €1,216 | +€1,216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,220 | €6,791 | +€1,571 | +30.1% |
| Other operating charges | 640/8 | €373 | - | -€373 | |
| Gross operating margin | 9900 | €7,219 | €24,282 | +€17,063 | +236.4% |
| Operating profit (loss) | 9901 | €1,626 | €17,491 | +€15,865 | +975.7% |
| Financial charges | 65/66B | €987 | €583 | -€404 | -40.9% |
| Recurring financial charges | 65 | €987 | €583 | -€404 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €639 | €16,908 | +€16,269 | +2544.2% |
| Profit (loss) for the period | 9904 | €639 | €16,908 | +€16,269 | +2544.2% |
| Profit (loss) for the period to be appropriated | 9905 | €639 | €16,908 | +€16,269 | +2544.2% |
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.