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SLS Immo Conception: 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.

What changed

SLS Immo Conception

BE 0797.620.310
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,771
2024 · -€24,660+€7,888
Equity
-€84,174
2024 · -€67,402-€16,771
Cash
€35,409
2024 · €173+€35,236
Balance sheet total
€106,365
2024 · €115,614-€9,249

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€46,937

    down €46,937 (-45.7%), from €102,676 to €55,739

  • Cash +€35,236

    up €35,236 (+20331.2%), from €173 to €35,409

    mainly Stocks and contracts (+€46,937) and Trade debts (+€5,023)

  • Receivables within one year +€3,935

    up €3,935 (+49.8%), from €7,908 to €11,843

    of which Trade receivables: +€2,852

  • Formation expenses -€1,482

    down €1,482 (-32.2%), from €4,600 to €3,117

Equity and liabilities
  • Profit (loss) carried forward -€16,771

    down €16,771 (-23.2%), from -€72,402 to -€89,174

  • Trade debts +€5,023

    up €5,023 (+165.7%), from €3,030 to €8,053

  • Other debts +€2,500

    up €2,500 (+1.4%), from €179,736 to €182,236

Income statement
  • Staff costs -€23,378

    down €23,378 (-100.0%), from €23,378 to €0

  • Gross operating margin -€11,459

    down €11,459, from €1,547 to -€9,912

  • Financial charges +€4,165

    up €4,165 (+513.3%), from €811 to €4,977

  • Other operating charges -€135

    down €135 (-25.2%), from €534 to €400

From the 2024 result to the 2025 result

effect on the 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 -€24,660
Gross operating margin -€11,459
Staff costs +€23,378
Depreciation +€0
Other operating charges +€135
Financial charges -€4,165
Result 2025 -€16,771

Cash bridge derived

cash 2024 to 2025

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 +€35,236
Investment €0
Financing €0
Cash 2024 €173
Net result for the year -€16,771
Depreciation +€1,482
Stocks and contracts +€46,937
Receivables within one year -€3,935
Trade debts +€5,023
Other debts +€2,500
Cash 2025 €35,409
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €115,614 €106,365 -€9,249 -8.0%
Formation expenses 20 €4,600 €3,117 -€1,482 -32.2%
Fixed assets 21/28 €257 €257 = 0.0%
Financial fixed assets 28 €257 €257 = 0.0%
Current assets 29/58 €110,757 €102,991 -€7,766 -7.0%
Stocks and contracts in progress 3 €102,676 €55,739 -€46,937 -45.7%
Stocks 30/36 €102,676 €55,739 -€46,937 -45.7%
Amounts receivable within one year 40/41 €7,908 €11,843 +€3,935 +49.8%
Trade receivables 40 €2,066 €4,918 +€2,852 +138.0%
Other amounts receivable 41 €5,842 €6,925 +€1,082 +18.5%
Cash at bank and in hand 54/58 €173 €35,409 +€35,236 +20331.2%
Total equity and liabilities 10/49 €115,614 €106,365 -€9,249 -8.0%
Equity 10/15 -€67,402 -€84,174 -€16,771 -24.9%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€72,402 -€89,174 -€16,771 -23.2%
Amounts payable 17/49 €183,016 €190,539 +€7,523 +4.1%
Amounts payable within one year 42/48 €183,016 €190,539 +€7,523 +4.1%
Trade debts 44 €3,030 €8,053 +€5,023 +165.7%
Suppliers 440/4 €3,030 €8,053 +€5,023 +165.7%
Taxes, remuneration and social security 45 €250 €250 = 0.0%
Remuneration and social security 454/9 €250 €250 = 0.0%
Other amounts payable 47/48 €179,736 €182,236 +€2,500 +1.4%
Remuneration, social security and pensions 62 €23,378 €0 -€23,378 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,483 €1,482 -€0 0.0%
Other operating charges 640/8 €534 €400 -€135 -25.2%
Gross operating margin 9900 €1,547 -€9,912 -€11,459
Operating profit (loss) 9901 -€23,848 -€11,794 +€12,054 +50.5%
Financial charges 65/66B €811 €4,977 +€4,165 +513.3%
Recurring financial charges 65 €811 €4,977 +€4,165 +513.3%
Profit (loss) for the period before taxes 9903 -€24,660 -€16,771 +€7,888 +32.0%
Profit (loss) for the period 9904 -€24,660 -€16,771 +€7,888 +32.0%
Profit (loss) for the period to be appropriated 9905 -€24,660 -€16,771 +€7,888 +32.0%

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 29 September 2026 via checked.be.