SLM CONSEILS: 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.
SLM CONSEILS
Largest movements
- Cash +€2,295
up €2,295 (+28.4%), from €8,094 to €10,389
mainly Net result for the year (+€3,667) and Depreciation (+€1,305)
- Receivables within one year +€1,471
up €1,471 (+401.4%), from €367 to €1,838
- Tangible fixed assets -€1,305
down €1,305 (-36.5%), from €3,577 to €2,272
of which Plant, machinery and equipment: -€816
- Reserves +€3,667
up €3,667 (+42.3%), from €8,679 to €12,347
- Other debts -€853
no longer reported in 2025 (was €853)
- Short-term financial debts -€346
down €346 (-25.3%), from €1,365 to €1,019
- Gross operating margin -€4,830
down €4,830 (-31.2%), from €15,470 to €10,640
- Depreciation -€1,193
down €1,193 (-47.8%), from €2,497 to €1,305
- Financial charges -€463
down €463 (-20.9%), from €2,219 to €1,756
- Other operating charges -€438
down €438 (-62.3%), from €703 to €265
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 | €12,237 | €14,699 | +€2,462 | +20.1% |
| Fixed assets | 21/28 | €3,777 | €2,472 | -€1,305 | -34.5% |
| Tangible fixed assets | 22/27 | €3,577 | €2,272 | -€1,305 | -36.5% |
| Plant, machinery and equipment | 23 | €3,088 | €2,272 | -€816 | -26.4% |
| Furniture and vehicles | 24 | €488 | - | -€488 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €8,460 | €12,227 | +€3,767 | +44.5% |
| Amounts receivable within one year | 40/41 | €367 | €1,838 | +€1,471 | +401.4% |
| Other amounts receivable | 41 | €367 | €1,838 | +€1,471 | +401.4% |
| Cash at bank and in hand | 54/58 | €8,094 | €10,389 | +€2,295 | +28.4% |
| Total equity and liabilities | 10/49 | €12,237 | €14,699 | +€2,462 | +20.1% |
| Equity | 10/15 | €8,679 | €12,347 | +€3,667 | +42.3% |
| Reserves | 13 | €8,679 | €12,347 | +€3,667 | +42.3% |
| Distributable reserves | 133 | €8,679 | €12,347 | +€3,667 | +42.3% |
| Amounts payable | 17/49 | €3,557 | €2,352 | -€1,205 | -33.9% |
| Amounts payable within one year | 42/48 | €3,557 | €2,352 | -€1,205 | -33.9% |
| Financial debts | 43 | €1,365 | €1,019 | -€346 | -25.3% |
| Other loans | 439 | €1,365 | €1,019 | -€346 | -25.3% |
| Trade debts | 44 | €339 | €333 | -€6 | -1.9% |
| Suppliers | 440/4 | €339 | €333 | -€6 | -1.9% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,000 | = | 0.0% |
| Taxes | 450/3 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €853 | - | -€853 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,497 | €1,305 | -€1,193 | -47.8% |
| Other operating charges | 640/8 | €703 | €265 | -€438 | -62.3% |
| Gross operating margin | 9900 | €15,470 | €10,640 | -€4,830 | -31.2% |
| Operating profit (loss) | 9901 | €12,270 | €9,070 | -€3,199 | -26.1% |
| Financial charges | 65/66B | €2,219 | €1,756 | -€463 | -20.9% |
| Recurring financial charges | 65 | €2,219 | €1,756 | -€463 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €10,051 | €7,315 | -€2,736 | -27.2% |
| Income taxes | 67/77 | €3,633 | €3,647 | +€14 | +0.4% |
| Profit (loss) for the period | 9904 | €6,417 | €3,667 | -€2,750 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,417 | €3,667 | -€2,750 | -42.9% |
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 7 October 2026 via checked.be.