SLOTS: 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.
SLOTS
Largest movements
- Tangible fixed assets -€98,452
down €98,452 (-19.0%), from €517,089 to €418,637
of which Plant, machinery and equipment: -€52,673
- Cash +€50,088
up €50,088 (+14.4%), from €347,369 to €397,457
mainly Depreciation (+€140,424) and Net result for the year (+€127,391)
- Receivables within one year +€32,795
up €32,795 (+22.0%), from €149,356 to €182,151
of which Other amounts receivable: +€39,860
- Other debts -€89,153
down €89,153 (-64.1%), from €139,153 to €50,000
- Reserves +€77,391
up €77,391 (+6.0%), from €1.3m to €1.4m
of which Distributable reserves: +€77,391
- Gross operating margin -€53,585
down €53,585 (-8.6%), from €626,458 to €572,873
- Write-downs +€47,386
up €47,386 (+35698.4%), from €133 to €47,519
- Staff costs -€30,881
down €30,881 (-10.9%), from €282,811 to €251,930
- Taxes -€27,955
down €27,955 (-50.1%), from €55,772 to €27,817
- Financial income +€9,328
up €9,328 (+33.0%), from €28,236 to €37,564
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 | €1,881,998 | €1,858,157 | -€23,841 | -1.3% |
| Fixed assets | 21/28 | €530,673 | €427,611 | -€103,062 | -19.4% |
| Intangible fixed assets | 21 | €12,984 | €8,974 | -€4,010 | -30.9% |
| Tangible fixed assets | 22/27 | €517,089 | €418,637 | -€98,452 | -19.0% |
| Land and buildings | 22 | €133,455 | €133,455 | = | 0.0% |
| Plant, machinery and equipment | 23 | €244,739 | €192,066 | -€52,673 | -21.5% |
| Furniture and vehicles | 24 | €136,165 | €91,674 | -€44,490 | -32.7% |
| Other tangible fixed assets | 26 | €2,731 | €1,443 | -€1,288 | -47.2% |
| Financial fixed assets | 28 | €600 | - | -€600 | |
| Current assets | 29/58 | €1,351,325 | €1,430,546 | +€79,221 | +5.9% |
| Stocks and contracts in progress | 3 | €831,062 | €842,409 | +€11,347 | +1.4% |
| Stocks | 30/36 | €831,062 | €842,409 | +€11,347 | +1.4% |
| Amounts receivable within one year | 40/41 | €149,356 | €182,151 | +€32,795 | +22.0% |
| Trade receivables | 40 | €148,535 | €141,471 | -€7,064 | -4.8% |
| Other amounts receivable | 41 | €821 | €40,680 | +€39,860 | +4857.0% |
| Cash at bank and in hand | 54/58 | €347,369 | €397,457 | +€50,088 | +14.4% |
| Deferred charges and accrued income | 490/1 | €23,538 | €8,529 | -€15,009 | -63.8% |
| Total equity and liabilities | 10/49 | €1,881,998 | €1,858,157 | -€23,841 | -1.3% |
| Equity | 10/15 | €1,531,398 | €1,608,790 | +€77,391 | +5.1% |
| Contributions | 10/11 | €244,000 | €244,000 | = | 0.0% |
| Capital | 10 | €244,000 | €244,000 | = | 0.0% |
| Issued capital | 100 | €244,000 | €244,000 | = | 0.0% |
| Reserves | 13 | €1,287,398 | €1,364,790 | +€77,391 | +6.0% |
| Non-distributable reserves | 130/1 | €24,400 | €24,400 | = | 0.0% |
| Legal reserve | 130 | €24,400 | €24,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,550 | €27,550 | = | 0.0% |
| Distributable reserves | 133 | €1,235,448 | €1,312,840 | +€77,391 | +6.3% |
| Amounts payable | 17/49 | €350,600 | €249,368 | -€101,232 | -28.9% |
| Amounts payable within one year | 42/48 | €345,400 | €248,824 | -€96,576 | -28.0% |
| Trade debts | 44 | €153,038 | €152,733 | -€306 | -0.2% |
| Suppliers | 440/4 | €153,038 | €152,733 | -€306 | -0.2% |
| Taxes, remuneration and social security | 45 | €53,209 | €46,091 | -€7,118 | -13.4% |
| Taxes | 450/3 | €18,365 | €13,620 | -€4,745 | -25.8% |
| Remuneration and social security | 454/9 | €34,844 | €32,471 | -€2,373 | -6.8% |
| Other amounts payable | 47/48 | €139,153 | €50,000 | -€89,153 | -64.1% |
| Accrued charges and deferred income | 492/3 | €5,200 | €544 | -€4,656 | -89.5% |
| Remuneration, social security and pensions | 62 | €282,811 | €251,930 | -€30,881 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,864 | €140,424 | +€6,560 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €133 | €47,519 | +€47,386 | +35698.4% |
| Other operating charges | 640/8 | €10,801 | €11,728 | +€927 | +8.6% |
| Gross operating margin | 9900 | €626,458 | €572,873 | -€53,585 | -8.6% |
| Operating profit (loss) | 9901 | €198,850 | €121,272 | -€77,578 | -39.0% |
| Financial income | 75/76B | €28,236 | €37,564 | +€9,328 | +33.0% |
| Recurring financial income | 75 | €28,236 | €37,564 | +€9,328 | +33.0% |
| Financial charges | 65/66B | €11,274 | €3,627 | -€7,647 | -67.8% |
| Recurring financial charges | 65 | €11,274 | €3,627 | -€7,647 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €215,812 | €155,209 | -€60,603 | -28.1% |
| Income taxes | 67/77 | €55,772 | €27,817 | -€27,955 | -50.1% |
| Profit (loss) for the period | 9904 | €160,039 | €127,391 | -€32,648 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €160,039 | €127,391 | -€32,648 | -20.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.