SLN Art: 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.
SLN Art
Largest movements
- Cash +€22,623
up €22,623 (+6.9%), from €326,267 to €348,890
mainly Net result for the year (+€36,131) and Tax, wage and social debts (+€2,251)
- Receivables within one year +€12,973
up €12,973 (+98.5%), from €13,169 to €26,142
of which Other amounts receivable: +€12,723
- Reserves +€36,131
up €36,131 (+15.0%), from €241,132 to €277,263
of which Distributable reserves: +€36,131
- Staff costs +€45,000
new in 2025: €45,000
- Taxes -€11,959
down €11,959 (-46.9%), from €25,508 to €13,549
- Purchases and services +€1,671
up €1,671 (+25.1%), from €6,665 to €8,336
- Gross operating margin +€1,650
up €1,650 (+1.7%), from €94,536 to €96,186
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 | €341,231 | €379,643 | +€38,412 | +11.3% |
| Fixed assets | 21/28 | €1,795 | €4,611 | +€2,816 | +157% |
| Tangible fixed assets | 22/27 | €1,795 | €4,611 | +€2,816 | +157% |
| Furniture and vehicles | 24 | €1,795 | €4,611 | +€2,816 | +157% |
| Current assets | 29/58 | €339,436 | €375,032 | +€35,596 | +10.5% |
| Amounts receivable within one year | 40/41 | €13,169 | €26,142 | +€12,973 | +98.5% |
| Trade receivables | 40 | €8,400 | €8,650 | +€250 | +3.0% |
| Other amounts receivable | 41 | €4,769 | €17,492 | +€12,723 | +267% |
| Cash at bank and in hand | 54/58 | €326,267 | €348,890 | +€22,623 | +6.9% |
| Total equity and liabilities | 10/49 | €341,231 | €379,643 | +€38,412 | +11.3% |
| Equity | 10/15 | €341,132 | €377,263 | +€36,131 | +10.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €241,132 | €277,263 | +€36,131 | +15.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €231,132 | €267,263 | +€36,131 | +15.6% |
| Amounts payable | 17/49 | €99 | €2,380 | +€2,281 | +2,304% |
| Amounts payable within one year | 42/48 | €99 | €2,380 | +€2,281 | +2,304% |
| Trade debts | 44 | €99 | €129 | +€30 | +30.3% |
| Suppliers | 440/4 | €99 | €129 | +€30 | +30.3% |
| Taxes, remuneration and social security | 45 | - | €2,251 | +€2,251 | |
| Taxes | 450/3 | - | €2,251 | +€2,251 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,665 | €8,336 | +€1,671 | +25.1% |
| Remuneration, social security and pensions | 62 | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €397 | +€134 | +50.9% |
| Other operating charges | 640/8 | €513 | €794 | +€281 | +54.7% |
| Gross operating margin | 9900 | €94,536 | €96,186 | +€1,650 | +1.7% |
| Operating profit (loss) | 9901 | €93,760 | €49,996 | -€43,764 | -46.7% |
| Financial charges | 65/66B | €229 | €316 | +€87 | +38.0% |
| Recurring financial charges | 65 | €229 | €316 | +€87 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €93,531 | €49,680 | -€43,851 | -46.9% |
| Income taxes | 67/77 | €25,508 | €13,549 | -€11,959 | -46.9% |
| Profit (loss) for the period | 9904 | €68,023 | €36,131 | -€31,892 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,023 | €36,131 | -€31,892 | -46.9% |
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 28 October 2026 via checked.be.