SLOCK: 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.
SLOCK
Largest movements
- Receivables within one year -€20,667
down €20,667 (-50.0%), from €41,320 to €20,653
of which Trade receivables: -€17,834
- Cash +€16,763
up €16,763 (+28.1%), from €59,551 to €76,314
mainly Depreciation (+€20,711) and Receivables within one year (+€20,667)
- Tangible fixed assets -€8,657
down €8,657 (-10.0%), from €86,767 to €78,110
of which Leasing and similar rights: -€10,700
- Stocks and contracts -€2,964
down €2,964 (-17.3%), from €17,132 to €14,168
of which Contracts in progress: -€1,644
- Debts after one year -€8,292
down €8,292 (-26.1%), from €31,729 to €23,437
- Reserves -€5,377
down €5,377 (-5.2%), from €104,338 to €98,961
of which Distributable reserves: -€5,146
- Trade debts -€2,719
down €2,719 (-53.0%), from €5,129 to €2,410
- Gross operating margin +€16,992
up €16,992 (+98.0%), from €17,343 to €34,335
- Depreciation +€7,343
up €7,343 (+54.9%), from €13,368 to €20,711
- Taxes +€3,616
up €3,616 (+8438.1%), from €43 to €3,659
- Financial income +€609
up €609 (+48.8%), from €1,248 to €1,857
- Financial charges +€520
up €520 (+44.6%), from €1,166 to €1,686
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 | €206,512 | €191,036 | -€15,476 | -7.5% |
| Fixed assets | 21/28 | €87,967 | €79,310 | -€8,657 | -9.8% |
| Tangible fixed assets | 22/27 | €86,767 | €78,110 | -€8,657 | -10.0% |
| Plant, machinery and equipment | 23 | €5,947 | €4,163 | -€1,784 | -30.0% |
| Furniture and vehicles | 24 | €27,933 | €23,053 | -€4,880 | -17.5% |
| Leasing and similar rights | 25 | €48,004 | €37,304 | -€10,700 | -22.3% |
| Other tangible fixed assets | 26 | €4,883 | €13,590 | +€8,707 | +178.3% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €118,545 | €111,725 | -€6,820 | -5.8% |
| Stocks and contracts in progress | 3 | €17,132 | €14,168 | -€2,964 | -17.3% |
| Stocks | 30/36 | €15,488 | €14,168 | -€1,320 | -8.5% |
| Contracts in progress | 37 | €1,644 | €0 | -€1,644 | -100.0% |
| Amounts receivable within one year | 40/41 | €41,320 | €20,653 | -€20,667 | -50.0% |
| Trade receivables | 40 | €32,787 | €14,953 | -€17,834 | -54.4% |
| Other amounts receivable | 41 | €8,532 | €5,700 | -€2,832 | -33.2% |
| Cash at bank and in hand | 54/58 | €59,551 | €76,314 | +€16,763 | +28.1% |
| Deferred charges and accrued income | 490/1 | €542 | €591 | +€48 | +8.9% |
| Total equity and liabilities | 10/49 | €206,512 | €191,036 | -€15,476 | -7.5% |
| Equity | 10/15 | €157,117 | €151,740 | -€5,377 | -3.4% |
| Contributions | 10/11 | €50,322 | €50,322 | = | 0.0% |
| Reserves | 13 | €104,338 | €98,961 | -€5,377 | -5.2% |
| Tax-exempt reserves | 132 | €8,461 | €8,231 | -€231 | -2.7% |
| Distributable reserves | 133 | €95,877 | €90,731 | -€5,146 | -5.4% |
| Profit (loss) carried forward | 14 | €2,457 | €2,457 | = | 0.0% |
| Provisions and deferred taxes | 16 | €154 | €77 | -€77 | -50.0% |
| Deferred taxes | 168 | €154 | €77 | -€77 | -50.0% |
| Amounts payable | 17/49 | €49,241 | €39,218 | -€10,022 | -20.4% |
| Amounts payable after more than one year | 17 | €31,729 | €23,437 | -€8,292 | -26.1% |
| Financial debts | 170/4 | €31,729 | €23,437 | -€8,292 | -26.1% |
| Amounts payable within one year | 42/48 | €17,512 | €15,782 | -€1,730 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €8,003 | €8,292 | +€289 | +3.6% |
| Trade debts | 44 | €5,129 | €2,410 | -€2,719 | -53.0% |
| Suppliers | 440/4 | €5,129 | €2,410 | -€2,719 | -53.0% |
| Taxes, remuneration and social security | 45 | €2,632 | €3,159 | +€528 | +20.1% |
| Taxes | 450/3 | €2,632 | €3,159 | +€528 | +20.1% |
| Other amounts payable | 47/48 | €1,748 | €1,920 | +€172 | +9.9% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,368 | €20,711 | +€7,343 | +54.9% |
| Other operating charges | 640/8 | €1,652 | €1,612 | -€41 | -2.5% |
| Gross operating margin | 9900 | €17,343 | €34,335 | +€16,992 | +98.0% |
| Operating profit (loss) | 9901 | €2,323 | €12,013 | +€9,690 | +417.2% |
| Financial income | 75/76B | €1,248 | €1,857 | +€609 | +48.8% |
| Recurring financial income | 75 | €1,248 | €1,857 | +€609 | +48.8% |
| Financial charges | 65/66B | €1,166 | €1,686 | +€520 | +44.6% |
| Recurring financial charges | 65 | €1,166 | €1,686 | +€520 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €2,405 | €12,184 | +€9,779 | +406.7% |
| Transfer from deferred taxes | 780 | €77 | €77 | = | 0.0% |
| Income taxes | 67/77 | €43 | €3,659 | +€3,616 | +8438.1% |
| Profit (loss) for the period | 9904 | €2,439 | €8,602 | +€6,163 | +252.7% |
| Transfer from tax-exempt reserves | 789 | €231 | €231 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,669 | €8,833 | +€6,163 | +230.9% |
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 4 October 2026 via checked.be.