SLMP: 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.
SLMP
Largest movements
- Tangible fixed assets +€104,741
up €104,741 (+25.5%), from €411,145 to €515,886
of which Plant, machinery and equipment: +€109,425
- Receivables within one year +€16,357
up €16,357 (+60.1%), from €27,214 to €43,571
of which Trade receivables: +€10,701
- Cash +€11,316
up €11,316 (+38.3%), from €29,556 to €40,872
mainly Debts after one year (+€94,541) and Depreciation (+€65,800)
- Debts after one year +€94,541
up €94,541 (+52.3%), from €180,788 to €275,329
- Current portion of long-term debt +€28,944
up €28,944 (+71.9%), from €40,263 to €69,207
- Other debts +€18,485
up €18,485 (+5,903%), from €313 to €18,799
- Reserves -€7,100
down €7,100 (-4.0%), from €179,550 to €172,450
- Gross operating margin +€22,919
up €22,919 (+25.0%), from €91,626 to €114,544
- Depreciation +€12,583
up €12,583 (+23.6%), from €53,217 to €65,800
- Taxes +€7,105
up €7,105 (+165%), from €4,303 to €11,408
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 | €474,294 | €604,105 | +€129,811 | +27.4% |
| Fixed assets | 21/28 | €411,645 | €516,286 | +€104,641 | +25.4% |
| Intangible fixed assets | 21 | €250 | €150 | -€100 | -40.0% |
| Tangible fixed assets | 22/27 | €411,145 | €515,886 | +€104,741 | +25.5% |
| Land and buildings | 22 | €241,468 | €230,659 | -€10,808 | -4.5% |
| Plant, machinery and equipment | 23 | €158,861 | €268,286 | +€109,425 | +68.9% |
| Furniture and vehicles | 24 | €10,816 | €15,576 | +€4,759 | +44.0% |
| Other tangible fixed assets | 26 | €0 | €1,365 | +€1,365 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €62,649 | €87,819 | +€25,170 | +40.2% |
| Amounts receivable within one year | 40/41 | €27,214 | €43,571 | +€16,357 | +60.1% |
| Trade receivables | 40 | €27,026 | €37,727 | +€10,701 | +39.6% |
| Other amounts receivable | 41 | €189 | €5,844 | +€5,655 | +2,995% |
| Cash at bank and in hand | 54/58 | €29,556 | €40,872 | +€11,316 | +38.3% |
| Deferred charges and accrued income | 490/1 | €5,879 | €3,376 | -€2,503 | -42.6% |
| Total equity and liabilities | 10/49 | €474,294 | €604,105 | +€129,811 | +27.4% |
| Equity | 10/15 | €185,493 | €178,407 | -€7,086 | -3.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €179,550 | €172,450 | -€7,100 | -4.0% |
| Distributable reserves | 133 | €179,550 | €172,450 | -€7,100 | -4.0% |
| Profit (loss) carried forward | 14 | €5,443 | €5,457 | +€14 | +0.3% |
| Amounts payable | 17/49 | €288,801 | €425,698 | +€136,897 | +47.4% |
| Amounts payable after more than one year | 17 | €180,788 | €275,329 | +€94,541 | +52.3% |
| Financial debts | 170/4 | €180,788 | €275,329 | +€94,541 | +52.3% |
| Amounts payable within one year | 42/48 | €108,013 | €150,369 | +€42,356 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €40,263 | €69,207 | +€28,944 | +71.9% |
| Financial debts | 43 | €18,765 | €18,765 | = | 0.0% |
| Credit institutions | 430/8 | €18,765 | €18,765 | = | 0.0% |
| Trade debts | 44 | €35,051 | €30,016 | -€5,035 | -14.4% |
| Suppliers | 440/4 | €35,051 | €30,016 | -€5,035 | -14.4% |
| Taxes, remuneration and social security | 45 | €13,621 | €13,583 | -€38 | -0.3% |
| Taxes | 450/3 | €11,121 | €11,083 | -€38 | -0.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €313 | €18,799 | +€18,485 | +5,903% |
| Non-recurring operating income | 76A | €348 | €3,915 | +€3,567 | +1,025% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,217 | €65,800 | +€12,583 | +23.6% |
| Other operating charges | 640/8 | €2,197 | €2,152 | -€45 | -2.1% |
| Gross operating margin | 9900 | €91,626 | €114,544 | +€22,919 | +25.0% |
| Operating profit (loss) | 9901 | €36,212 | €46,593 | +€10,381 | +28.7% |
| Financial income | 75/76B | €5 | €88 | +€83 | +1,839% |
| Recurring financial income | 75 | €5 | €88 | +€83 | +1,839% |
| Financial charges | 65/66B | €10,180 | €9,358 | -€821 | -8.1% |
| Recurring financial charges | 65 | €10,180 | €9,358 | -€821 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €26,037 | €37,322 | +€11,285 | +43.3% |
| Income taxes | 67/77 | €4,303 | €11,408 | +€7,105 | +165% |
| Profit (loss) for the period | 9904 | €21,734 | €25,914 | +€4,180 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,734 | €25,914 | +€4,180 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.