SLS-EVENT: 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.
SLS-EVENT
Largest movements
- Tangible fixed assets -€76,898
down €76,898 (-10.4%), from €741,942 to €665,044
of which Plant, machinery and equipment: -€72,689
- Cash -€44,032
down €44,032 (-68.7%), from €64,123 to €20,091
mainly Investment in fixed assets (net) (-€103,416) and Other debts (-€51,355)
- Receivables within one year +€13,964
up €13,964 (+13.0%), from €107,335 to €121,300
of which Trade receivables: +€26,772
- Other debts -€51,355
down €51,355 (-15.8%), from €325,706 to €274,351
- Current portion of long-term debt -€34,228
down €34,228 (-29.6%), from €115,628 to €81,401
- Debts after one year -€27,435
down €27,435 (-7.4%), from €369,942 to €342,507
- Tax, wage and social debts +€16,083
up €16,083 (+104%), from €15,428 to €31,511
of which Taxes: +€17,260
- Depreciation +€50,469
up €50,469 (+38.9%), from €129,846 to €180,314
- Staff costs -€25,103
down €25,103 (-23.5%), from €106,655 to €81,552
- Gross operating margin +€18,764
up €18,764 (+6.9%), from €273,853 to €292,617
- Financial charges +€5,279
up €5,279 (+51.4%), from €10,272 to €15,551
of which Financial charges: +€5,129
- Other operating charges -€3,596
down €3,596 (-45.5%), from €7,906 to €4,310
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 | €919,488 | €821,505 | -€97,983 | -10.7% |
| Fixed assets | 21/28 | €742,077 | €665,179 | -€76,898 | -10.4% |
| Tangible fixed assets | 22/27 | €741,942 | €665,044 | -€76,898 | -10.4% |
| Plant, machinery and equipment | 23 | €634,432 | €561,743 | -€72,689 | -11.5% |
| Furniture and vehicles | 24 | €107,510 | €103,301 | -€4,209 | -3.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €177,411 | €156,326 | -€21,085 | -11.9% |
| Stocks and contracts in progress | 3 | €1,395 | €1,595 | +€200 | +14.3% |
| Stocks | 30/36 | €1,395 | €1,595 | +€200 | +14.3% |
| Amounts receivable within one year | 40/41 | €107,335 | €121,300 | +€13,964 | +13.0% |
| Trade receivables | 40 | €79,778 | €106,551 | +€26,772 | +33.6% |
| Other amounts receivable | 41 | €27,557 | €14,749 | -€12,808 | -46.5% |
| Cash at bank and in hand | 54/58 | €64,123 | €20,091 | -€44,032 | -68.7% |
| Deferred charges and accrued income | 490/1 | €4,557 | €13,340 | +€8,782 | +193% |
| Total equity and liabilities | 10/49 | €919,488 | €821,505 | -€97,983 | -10.7% |
| Equity | 10/15 | €52,811 | €60,941 | +€8,130 | +15.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,811 | €35,941 | +€8,130 | +29.2% |
| Amounts payable | 17/49 | €866,677 | €760,564 | -€106,113 | -12.2% |
| Amounts payable after more than one year | 17 | €369,942 | €342,507 | -€27,435 | -7.4% |
| Financial debts | 170/4 | €369,942 | €342,507 | -€27,435 | -7.4% |
| Amounts payable within one year | 42/48 | €496,735 | €418,057 | -€78,678 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €115,628 | €81,401 | -€34,228 | -29.6% |
| Trade debts | 44 | €39,973 | €30,794 | -€9,178 | -23.0% |
| Suppliers | 440/4 | €39,973 | €30,794 | -€9,178 | -23.0% |
| Taxes, remuneration and social security | 45 | €15,428 | €31,511 | +€16,083 | +104% |
| Taxes | 450/3 | €6,587 | €23,847 | +€17,260 | +262% |
| Remuneration and social security | 454/9 | €8,841 | €7,664 | -€1,177 | -13.3% |
| Other amounts payable | 47/48 | €325,706 | €274,351 | -€51,355 | -15.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €106,655 | €81,552 | -€25,103 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,846 | €180,314 | +€50,469 | +38.9% |
| Other operating charges | 640/8 | €7,906 | €4,310 | -€3,596 | -45.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €273,853 | €292,617 | +€18,764 | +6.9% |
| Operating profit (loss) | 9901 | €29,446 | €26,440 | -€3,006 | -10.2% |
| Financial income | 75/76B | €98 | €215 | +€117 | +120% |
| Recurring financial income | 75 | €98 | €215 | +€117 | +120% |
| Financial charges | 65/66B | €10,272 | €15,551 | +€5,279 | +51.4% |
| Recurring financial charges | 65 | €10,272 | €15,401 | +€5,129 | +49.9% |
| Non-recurring financial charges | 66B | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | €19,272 | €11,104 | -€8,168 | -42.4% |
| Income taxes | 67/77 | €5,618 | €2,975 | -€2,644 | -47.1% |
| Profit (loss) for the period | 9904 | €13,654 | €8,130 | -€5,524 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,654 | €8,130 | -€5,524 | -40.5% |
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.