SLMC TRADING: 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.
SLMC TRADING
Largest movements
- Receivables within one year -€37,472
down €37,472 (-31.7%), from €118,086 to €80,614
- Cash +€32,292
up €32,292 (+93.4%), from €34,589 to €66,881
mainly Receivables within one year (+€37,472) and Advances received (+€36,236)
- Stocks and contracts -€7,823
down €7,823 (-19.3%), from €40,500 to €32,678
- Trade debts -€47,379
down €47,379 (-88.5%), from €53,537 to €6,158
- Advances received +€36,236
new in 2025: €36,236
- Tax, wage and social debts -€5,770
down €5,770 (-39.5%), from €14,616 to €8,846
of which Remuneration and social security: -€3,000
- Profit (loss) carried forward +€4,763
up €4,763 (+17.9%), from €26,612 to €31,374
- Staff costs -€14,718
no longer reported in 2025 (was €14,718)
- Gross operating margin -€14,489
down €14,489 (-70.5%), from €20,542 to €6,053
- Depreciation -€2,051
no longer reported in 2025 (was €2,051)
- Taxes +€839
up €839, from -€221 to €618
- Other operating charges -€819
down €819 (-62.7%), from €1,306 to €487
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 | €193,175 | €180,173 | -€13,003 | -6.7% |
| Current assets | 29/58 | €193,175 | €180,173 | -€13,003 | -6.7% |
| Stocks and contracts in progress | 3 | €40,500 | €32,678 | -€7,823 | -19.3% |
| Stocks | 30/36 | €40,500 | €32,678 | -€7,823 | -19.3% |
| Amounts receivable within one year | 40/41 | €118,086 | €80,614 | -€37,472 | -31.7% |
| Trade receivables | 40 | €118,086 | €80,614 | -€37,472 | -31.7% |
| Cash at bank and in hand | 54/58 | €34,589 | €66,881 | +€32,292 | +93.4% |
| Total equity and liabilities | 10/49 | €193,175 | €180,173 | -€13,003 | -6.7% |
| Equity | 10/15 | €45,212 | €49,974 | +€4,763 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,612 | €31,374 | +€4,763 | +17.9% |
| Amounts payable | 17/49 | €147,964 | €130,198 | -€17,765 | -12.0% |
| Amounts payable within one year | 42/48 | €147,964 | €130,198 | -€17,765 | -12.0% |
| Trade debts | 44 | €53,537 | €6,158 | -€47,379 | -88.5% |
| Suppliers | 440/4 | €53,537 | €6,158 | -€47,379 | -88.5% |
| Advances received on contracts in progress | 46 | - | €36,236 | +€36,236 | |
| Taxes, remuneration and social security | 45 | €14,616 | €8,846 | -€5,770 | -39.5% |
| Taxes | 450/3 | €10,116 | €7,346 | -€2,770 | -27.4% |
| Remuneration and social security | 454/9 | €4,500 | €1,500 | -€3,000 | -66.7% |
| Other amounts payable | 47/48 | €79,811 | €78,959 | -€852 | -1.1% |
| Remuneration, social security and pensions | 62 | €14,718 | - | -€14,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,051 | - | -€2,051 | |
| Other operating charges | 640/8 | €1,306 | €487 | -€819 | -62.7% |
| Gross operating margin | 9900 | €20,542 | €6,053 | -€14,489 | -70.5% |
| Operating profit (loss) | 9901 | €2,466 | €5,566 | +€3,100 | +126% |
| Financial charges | 65/66B | €153 | €185 | +€32 | +20.9% |
| Recurring financial charges | 65 | €153 | €185 | +€32 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €2,313 | €5,381 | +€3,068 | +133% |
| Income taxes | 67/77 | -€221 | €618 | +€839 | |
| Profit (loss) for the period | 9904 | €2,534 | €4,763 | +€2,229 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,534 | €4,763 | +€2,229 | +88.0% |
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 31 October 2026 via checked.be.