SLTC: 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.
SLTC
Largest movements
- Cash +€23,598
up €23,598 (+42.7%), from €55,312 to €78,910
mainly Net result for the year (+€37,961) and Other debts (+€715)
- Receivables within one year +€13,807
up €13,807 (+118.9%), from €11,616 to €25,423
of which Trade receivables: +€13,794
- Profit (loss) carried forward +€37,102
up €37,102 (+90.5%), from €41,007 to €78,109
- Gross operating margin -€5,830
down €5,830 (-10.7%), from €54,624 to €48,794
- Depreciation -€1,006
down €1,006 (-72.2%), from €1,394 to €388
- Taxes -€887
down €887 (-7.9%), from €11,184 to €10,297
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 | €68,021 | €105,039 | +€37,018 | +54.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,093 | €705 | -€388 | -35.5% |
| Tangible fixed assets | 22/27 | €1,093 | €705 | -€388 | -35.5% |
| Plant, machinery and equipment | 23 | €631 | €347 | -€284 | -45.0% |
| Furniture and vehicles | 24 | €462 | €358 | -€104 | -22.5% |
| Current assets | 29/58 | €66,928 | €104,333 | +€37,405 | +55.9% |
| Amounts receivable within one year | 40/41 | €11,616 | €25,423 | +€13,807 | +118.9% |
| Trade receivables | 40 | €11,616 | €25,410 | +€13,794 | +118.8% |
| Other amounts receivable | 41 | €0 | €13 | +€13 | +6000.0% |
| Cash at bank and in hand | 54/58 | €55,312 | €78,910 | +€23,598 | +42.7% |
| Total equity and liabilities | 10/49 | €68,021 | €105,039 | +€37,018 | +54.4% |
| Equity | 10/15 | €44,007 | €81,109 | +€37,102 | +84.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,007 | €78,109 | +€37,102 | +90.5% |
| Amounts payable | 17/49 | €24,014 | €23,929 | -€85 | -0.4% |
| Amounts payable within one year | 42/48 | €24,014 | €23,929 | -€85 | -0.4% |
| Trade debts | 44 | €1,042 | €591 | -€451 | -43.3% |
| Suppliers | 440/4 | €1,042 | €591 | -€451 | -43.3% |
| Taxes, remuneration and social security | 45 | €22,371 | €22,022 | -€349 | -1.6% |
| Taxes | 450/3 | €20,196 | €19,847 | -€349 | -1.7% |
| Remuneration and social security | 454/9 | €2,174 | €2,174 | = | 0.0% |
| Other amounts payable | 47/48 | €601 | €1,317 | +€715 | +118.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,394 | €388 | -€1,006 | -72.2% |
| Other operating charges | 640/8 | €206 | €66 | -€140 | -68.1% |
| Gross operating margin | 9900 | €54,624 | €48,794 | -€5,830 | -10.7% |
| Operating profit (loss) | 9901 | €53,024 | €48,341 | -€4,684 | -8.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1 | €83 | +€81 | +7909.7% |
| Recurring financial charges | 65 | €1 | €83 | +€81 | +7909.7% |
| Profit (loss) for the period before taxes | 9903 | €53,023 | €48,258 | -€4,765 | -9.0% |
| Income taxes | 67/77 | €11,184 | €10,297 | -€887 | -7.9% |
| Profit (loss) for the period | 9904 | €41,840 | €37,961 | -€3,878 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,840 | €37,961 | -€3,878 | -9.3% |
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 12 October 2026 via checked.be.