SLR Build: 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.
SLR Build
Largest movements
- Current investments -€30,000
down €30,000 (-100%), from €30,000 to €0
- Cash -€22,207
down €22,207 (-90.8%), from €24,446 to €2,238
mainly Net result for the year (-€46,835) and Debts after one year (-€41,849)
- Receivables within one year +€11,313
up €11,313 (+225%), from €5,028 to €16,341
of which Other amounts receivable: +€11,313
- Stocks and contracts +€9,002
new in 2025: €9,002
- Other debts +€65,054
up €65,054 (+1,848%), from €3,520 to €68,574
- Profit (loss) carried forward -€46,835
down €46,835 (-82.0%), from -€57,085 to -€103,920
- Debts after one year -€41,849
down €41,849 (-100%), from €41,849 to €0
- Trade debts -€8,292
down €8,292 (-58.7%), from €14,116 to €5,824
- Gross operating margin +€8,874
up €8,874 (+17.9%), from -€49,549 to -€40,675
- Other operating charges +€4,563
up €4,563 (+607%), from €751 to €5,314
- Financial income -€646
down €646 (-53.3%), from €1,211 to €565
of which Non-recurring financial income: -€1,000
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 | €59,882 | €27,811 | -€32,071 | -53.6% |
| Formation expenses | 20 | €408 | €230 | -€178 | -43.7% |
| Current assets | 29/58 | €59,474 | €27,581 | -€31,893 | -53.6% |
| Stocks and contracts in progress | 3 | - | €9,002 | +€9,002 | |
| Stocks | 30/36 | - | €9,002 | +€9,002 | |
| Amounts receivable within one year | 40/41 | €5,028 | €16,341 | +€11,313 | +225% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,028 | €16,341 | +€11,313 | +225% |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100% |
| Cash at bank and in hand | 54/58 | €24,446 | €2,238 | -€22,207 | -90.8% |
| Total equity and liabilities | 10/49 | €59,882 | €27,811 | -€32,071 | -53.6% |
| Equity | 10/15 | €248 | -€46,587 | -€46,835 | |
| Contributions | 10/11 | €57,333 | €57,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,085 | -€103,920 | -€46,835 | -82.0% |
| Amounts payable | 17/49 | €59,634 | €74,398 | +€14,763 | +24.8% |
| Amounts payable after more than one year | 17 | €41,849 | €0 | -€41,849 | -100% |
| Other amounts payable | 178/9 | €41,849 | €0 | -€41,849 | -100% |
| Amounts payable within one year | 42/48 | €17,785 | €74,398 | +€56,612 | +318% |
| Trade debts | 44 | €14,116 | €5,824 | -€8,292 | -58.7% |
| Suppliers | 440/4 | €14,116 | €5,824 | -€8,292 | -58.7% |
| Taxes, remuneration and social security | 45 | €150 | €0 | -€150 | -100% |
| Taxes | 450/3 | €150 | €0 | -€150 | -100% |
| Other amounts payable | 47/48 | €3,520 | €68,574 | +€65,054 | +1,848% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €178 | = | 0.0% |
| Other operating charges | 640/8 | €751 | €5,314 | +€4,563 | +607% |
| Gross operating margin | 9900 | -€49,549 | -€40,675 | +€8,874 | +17.9% |
| Operating profit (loss) | 9901 | -€50,479 | -€46,167 | +€4,311 | +8.5% |
| Financial income | 75/76B | €1,211 | €565 | -€646 | -53.3% |
| Recurring financial income | 75 | €211 | €565 | +€354 | +168% |
| Non-recurring financial income | 76B | €1,000 | €0 | -€1,000 | -100% |
| Financial charges | 65/66B | €1,544 | €1,063 | -€481 | -31.2% |
| Recurring financial charges | 65 | €1,544 | €1,063 | -€481 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,812 | -€46,665 | +€4,147 | +8.2% |
| Income taxes | 67/77 | €0 | €170 | +€169 | +338,920% |
| Profit (loss) for the period | 9904 | -€50,812 | -€46,835 | +€3,977 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,812 | -€46,835 | +€3,977 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.