SLS Groep: 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.
What changed
SLS Groep
NACE 53.200, Other postal and courier activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€36,228
2024 · €44,430-€8,202
Equity
€343,924
2024 · €475,896-€131,972
Cash
€93,083
2024 · €106,172-€13,089
Balance sheet total
€1.4m
2024 · €1.4m+€26,679
Largest movements
Assets
- Receivables within one year +€86,588
up €86,588 (+8.0%), from €1.1m to €1.2m
of which Other amounts receivable: +€83,916
- Tangible fixed assets -€34,658
down €34,658 (-26.2%), from €132,211 to €97,553
of which Furniture and vehicles: -€28,250
Equity and liabilities
- Trade debts +€242,043
up €242,043 (+63.3%), from €382,327 to €624,370
- Reserves -€168,200
down €168,200 (-98.9%), from €170,060 to €1,860
- Other debts -€93,265
down €93,265 (-35.7%), from €261,465 to €168,200
- Profit (loss) carried forward +€36,228
up €36,228 (+12.6%), from €287,236 to €323,464
Income statement
- Staff costs +€215,401
up €215,401 (+30.9%), from €696,057 to €911,458
- Gross operating margin +€168,254
up €168,254 (+20.0%), from €842,370 to €1.0m
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.
Result 2024
€44,430
Gross operating margin
+€168,254
Staff costs
-€215,401
Depreciation
-€7,047
Other operating charges
-€4,574
Other operating items
+€25,814
Financial income
+€9,324
Financial charges
+€8,081
Taxes
+€7,346
Result 2025
€36,228
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€139,555
Investment
-€1,864
Financing
-€150,780
Cash 2024
€106,172
From operations (derived)
+€139,555
Net result for the year
+€36,228
Depreciation
+€44,123
Receivables within one year
-€86,588
Deferred charges and accrued income
+€4,562
Trade debts
+€242,043
Tax, wage and social debts
-€7,548
Other debts
-€93,265
Investment (derived)
-€1,864
Investment in fixed assets (net)
-€1,864
Financing
-€150,780
Current portion of long-term debt
+€12,182
Short-term financial debts
+€5,238
Contributions, distributions and other
-€168,200
Cash 2025
€93,083
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,355,959 | €1,382,638 | +€26,679 | +2.0% |
| Fixed assets | 21/28 | €161,942 | €119,683 | -€42,259 | -26.1% |
| Tangible fixed assets | 22/27 | €132,211 | €97,553 | -€34,658 | -26.2% |
| Land and buildings | 22 | €32,093 | €26,702 | -€5,391 | -16.8% |
| Plant, machinery and equipment | 23 | €6,825 | €5,809 | -€1,016 | -14.9% |
| Furniture and vehicles | 24 | €93,293 | €65,042 | -€28,250 | -30.3% |
| Financial fixed assets | 28 | €29,731 | €22,130 | -€7,601 | -25.6% |
| Current assets | 29/58 | €1,194,017 | €1,262,955 | +€68,938 | +5.8% |
| Amounts receivable within one year | 40/41 | €1,075,870 | €1,162,459 | +€86,588 | +8.0% |
| Trade receivables | 40 | €247,486 | €250,159 | +€2,672 | +1.1% |
| Other amounts receivable | 41 | €828,384 | €912,300 | +€83,916 | +10.1% |
| Cash at bank and in hand | 54/58 | €106,172 | €93,083 | -€13,089 | -12.3% |
| Deferred charges and accrued income | 490/1 | €11,974 | €7,413 | -€4,562 | -38.1% |
| Total equity and liabilities | 10/49 | €1,355,959 | €1,382,638 | +€26,679 | +2.0% |
| Equity | 10/15 | €475,896 | €343,924 | -€131,972 | -27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,060 | €1,860 | -€168,200 | -98.9% |
| Distributable reserves | 133 | €170,060 | €1,860 | -€168,200 | -98.9% |
| Profit (loss) carried forward | 14 | €287,236 | €323,464 | +€36,228 | +12.6% |
| Amounts payable | 17/49 | €880,063 | €1,038,713 | +€158,651 | +18.0% |
| Amounts payable within one year | 42/48 | €880,063 | €1,038,713 | +€158,651 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,182 | +€12,182 | |
| Financial debts | 43 | - | €5,238 | +€5,238 | |
| Credit institutions | 430/8 | - | €5,238 | +€5,238 | |
| Trade debts | 44 | €382,327 | €624,370 | +€242,043 | +63.3% |
| Suppliers | 440/4 | €382,327 | €624,370 | +€242,043 | +63.3% |
| Taxes, remuneration and social security | 45 | €236,271 | €228,723 | -€7,548 | -3.2% |
| Taxes | 450/3 | €149,275 | €143,115 | -€6,160 | -4.1% |
| Remuneration and social security | 454/9 | €86,996 | €85,608 | -€1,387 | -1.6% |
| Other amounts payable | 47/48 | €261,465 | €168,200 | -€93,265 | -35.7% |
| Non-recurring operating income | 76A | €24,982 | €132 | -€24,850 | -99.5% |
| Remuneration, social security and pensions | 62 | €696,057 | €911,458 | +€215,401 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,077 | €44,123 | +€7,047 | +19.0% |
| Other operating charges | 640/8 | €18,271 | €22,845 | +€4,574 | +25.0% |
| Non-recurring operating charges | 66A | €44,266 | €18,452 | -€25,814 | -58.3% |
| Gross operating margin | 9900 | €842,370 | €1,010,624 | +€168,254 | +20.0% |
| Operating profit (loss) | 9901 | €46,700 | €13,746 | -€32,954 | -70.6% |
| Financial income | 75/76B | €45,954 | €55,278 | +€9,324 | +20.3% |
| Recurring financial income | 75 | €45,954 | €55,278 | +€9,324 | +20.3% |
| Financial charges | 65/66B | €17,823 | €9,741 | -€8,081 | -45.3% |
| Recurring financial charges | 65 | €17,823 | €9,741 | -€8,081 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €74,831 | €59,282 | -€15,548 | -20.8% |
| Income taxes | 67/77 | €30,400 | €23,054 | -€7,346 | -24.2% |
| Profit (loss) for the period | 9904 | €44,430 | €36,228 | -€8,202 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,430 | €36,228 | -€8,202 | -18.5% |
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 23 October 2026 via checked.be.