SLOWBY: 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.
SLOWBY
Largest movements
- Cash -€7,971
down €7,971 (-8.4%), from €94,944 to €86,973
mainly Tax, wage and social debts (-€9,814) and Contributions, distributions and other (-€7,151)
- Receivables within one year +€3,535
up €3,535 (+52.3%), from €6,756 to €10,291
of which Other amounts receivable: +€7,445
- Tax, wage and social debts -€9,814
down €9,814 (-48.9%), from €20,088 to €10,274
- Other debts +€9,311
up €9,311 (+4904.5%), from €190 to €9,501
- Trade debts -€3,863
down €3,863 (-85.5%), from €4,520 to €657
- Turnover -€163,018
no longer reported in 2025 (was €163,018)
- Purchases and services -€141,392
no longer reported in 2025 (was €141,392)
- Gross operating margin -€40,135
down €40,135 (-76.6%), from €52,365 to €12,231
- Taxes -€11,049
down €11,049 (-78.8%), from €14,027 to €2,978
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 | €105,714 | €101,348 | -€4,366 | -4.1% |
| Fixed assets | 21/28 | €4,014 | €4,084 | +€70 | +1.7% |
| Tangible fixed assets | 22/27 | €4,014 | €4,084 | +€70 | +1.7% |
| Plant, machinery and equipment | 23 | €895 | €1,615 | +€720 | +80.5% |
| Furniture and vehicles | 24 | €3,120 | €2,469 | -€650 | -20.8% |
| Current assets | 29/58 | €101,700 | €97,264 | -€4,436 | -4.4% |
| Amounts receivable within one year | 40/41 | €6,756 | €10,291 | +€3,535 | +52.3% |
| Trade receivables | 40 | €3,910 | €0 | -€3,910 | -100.0% |
| Other amounts receivable | 41 | €2,846 | €10,291 | +€7,445 | +261.6% |
| Cash at bank and in hand | 54/58 | €94,944 | €86,973 | -€7,971 | -8.4% |
| Total equity and liabilities | 10/49 | €105,714 | €101,348 | -€4,366 | -4.1% |
| Equity | 10/15 | €80,916 | €80,916 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €70,916 | €70,916 | = | 0.0% |
| Distributable reserves | 133 | €70,916 | €70,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,798 | €20,432 | -€4,366 | -17.6% |
| Amounts payable within one year | 42/48 | €24,798 | €20,432 | -€4,366 | -17.6% |
| Trade debts | 44 | €4,520 | €657 | -€3,863 | -85.5% |
| Suppliers | 440/4 | €4,520 | €657 | -€3,863 | -85.5% |
| Taxes, remuneration and social security | 45 | €20,088 | €10,274 | -€9,814 | -48.9% |
| Taxes | 450/3 | €20,088 | €10,274 | -€9,814 | -48.9% |
| Other amounts payable | 47/48 | €190 | €9,501 | +€9,311 | +4904.5% |
| Turnover | 70 | €163,018 | - | -€163,018 | |
| Goods, raw materials, services and sundry goods | 60/61 | €141,392 | - | -€141,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €1,212 | +€789 | +187.0% |
| Other operating charges | 640/8 | €321 | €728 | +€406 | +126.4% |
| Gross operating margin | 9900 | €52,365 | €12,231 | -€40,135 | -76.6% |
| Operating profit (loss) | 9901 | €51,621 | €10,291 | -€41,330 | -80.1% |
| Financial income | 75/76B | €90 | €59 | -€32 | -35.1% |
| Recurring financial income | 75 | €90 | €59 | -€32 | -35.1% |
| Financial charges | 65/66B | €165 | €221 | +€56 | +33.6% |
| Recurring financial charges | 65 | €165 | €221 | +€56 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €51,547 | €10,129 | -€41,417 | -80.3% |
| Income taxes | 67/77 | €14,027 | €2,978 | -€11,049 | -78.8% |
| Profit (loss) for the period | 9904 | €37,519 | €7,151 | -€30,368 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,519 | €7,151 | -€30,368 | -80.9% |
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 1 October 2026 via checked.be.