SLMA: 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.
SLMA
Largest movements
- Cash -€48,699
down €48,699 (-100.0%), from €48,710 to €11
mainly Receivables within one year (-€47,756) and Debts after one year (-€23,928)
- Receivables within one year +€47,756
up €47,756 (+26.0%), from €183,354 to €231,110
of which Other amounts receivable: +€28,443
- Tangible fixed assets -€14,575
down €14,575 (-19.6%), from €74,450 to €59,875
of which Leasing and similar rights: -€18,380
- Debts after one year -€23,928
down €23,928 (-61.6%), from €38,826 to €14,898
- Profit (loss) carried forward +€6,471
up €6,471 (+6.5%), from €99,593 to €106,063
- Tax, wage and social debts +€4,718
up €4,718 (+7.4%), from €63,947 to €68,665
of which Remuneration and social security: +€3,578
- Gross operating margin -€35,888
down €35,888 (-15.9%), from €225,943 to €190,055
- Staff costs -€28,880
down €28,880 (-18.6%), from €155,620 to €126,739
- Taxes -€18,418
down €18,418 (-83.7%), from €22,008 to €3,591
- Other operating charges +€9,320
up €9,320 (+65.8%), from €14,172 to €23,493
- Financial charges +€3,013
up €3,013 (+64.1%), from €4,701 to €7,714
of which Non-recurring financial charges: +€2,249
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €306,514 | €291,836 | -€14,678 | -4.8% |
| Fixed assets | 21/28 | €74,450 | €59,875 | -€14,575 | -19.6% |
| Tangible fixed assets | 22/27 | €74,450 | €59,875 | -€14,575 | -19.6% |
| Furniture and vehicles | 24 | €3,093 | €6,898 | +€3,805 | +123.0% |
| Leasing and similar rights | 25 | €71,357 | €52,977 | -€18,380 | -25.8% |
| Current assets | 29/58 | €232,064 | €231,961 | -€103 | 0.0% |
| Amounts receivable within one year | 40/41 | €183,354 | €231,110 | +€47,756 | +26.0% |
| Trade receivables | 40 | €102,177 | €121,489 | +€19,312 | +18.9% |
| Other amounts receivable | 41 | €81,177 | €109,621 | +€28,443 | +35.0% |
| Cash at bank and in hand | 54/58 | €48,710 | €11 | -€48,699 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €840 | +€840 | |
| Total equity and liabilities | 10/49 | €306,514 | €291,836 | -€14,678 | -4.8% |
| Equity | 10/15 | €120,053 | €126,523 | +€6,471 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €99,593 | €106,063 | +€6,471 | +6.5% |
| Amounts payable | 17/49 | €186,461 | €165,313 | -€21,149 | -11.3% |
| Amounts payable after more than one year | 17 | €38,826 | €14,898 | -€23,928 | -61.6% |
| Financial debts | 170/4 | €38,826 | €14,898 | -€23,928 | -61.6% |
| Amounts payable within one year | 42/48 | €147,636 | €150,415 | +€2,779 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €23,384 | €23,928 | +€544 | +2.3% |
| Financial debts | 43 | - | €32 | +€32 | |
| Credit institutions | 430/8 | - | €32 | +€32 | |
| Trade debts | 44 | €60,286 | €57,790 | -€2,496 | -4.1% |
| Suppliers | 440/4 | €60,286 | €57,790 | -€2,496 | -4.1% |
| Taxes, remuneration and social security | 45 | €63,947 | €68,665 | +€4,718 | +7.4% |
| Taxes | 450/3 | €63,947 | €65,087 | +€1,140 | +1.8% |
| Remuneration and social security | 454/9 | - | €3,578 | +€3,578 | |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Non-recurring operating income | 76A | €4,557 | €5,006 | +€449 | +9.9% |
| Remuneration, social security and pensions | 62 | €155,620 | €126,739 | -€28,880 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,569 | €22,063 | +€1,494 | +7.3% |
| Other operating charges | 640/8 | €14,172 | €23,493 | +€9,320 | +65.8% |
| Gross operating margin | 9900 | €225,943 | €190,055 | -€35,888 | -15.9% |
| Operating profit (loss) | 9901 | €35,582 | €17,760 | -€17,822 | -50.1% |
| Financial income | 75/76B | €207 | €16 | -€192 | -92.4% |
| Recurring financial income | 75 | €207 | €16 | -€192 | -92.4% |
| Financial charges | 65/66B | €4,701 | €7,714 | +€3,013 | +64.1% |
| Recurring financial charges | 65 | €4,701 | €5,466 | +€765 | +16.3% |
| Non-recurring financial charges | 66B | - | €2,249 | +€2,249 | |
| Profit (loss) for the period before taxes | 9903 | €31,089 | €10,061 | -€21,027 | -67.6% |
| Income taxes | 67/77 | €22,008 | €3,591 | -€18,418 | -83.7% |
| Profit (loss) for the period | 9904 | €9,080 | €6,471 | -€2,609 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,080 | €6,471 | -€2,609 | -28.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.