SLURP: 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.
SLURP
Largest movements
- Tangible fixed assets -€38,612
down €38,612 (-7.3%), from €531,871 to €493,259
of which Land and buildings: -€38,235
- Receivables after one year -€15,000
down €15,000 (-25.0%), from €60,000 to €45,000
- Cash -€14,462
down €14,462 (-99.0%), from €14,615 to €153
mainly Debts after one year (-€59,643) and Trade debts (-€18,961)
- Debts after one year -€59,643
down €59,643 (-16.5%), from €360,958 to €301,315
- Trade debts -€18,961
down €18,961 (-19.9%), from €95,360 to €76,399
- Other debts +€12,072
up €12,072 (+8.5%), from €142,704 to €154,777
- Financial income -€5,743
no longer reported in 2025 (was €5,743)
- Gross operating margin +€4,181
up €4,181 (+8.9%), from €47,084 to €51,265
- Financial charges -€1,276
down €1,276 (-16.7%), from €7,647 to €6,371
- Other operating charges +€1,003
up €1,003 (+30.3%), from €3,313 to €4,316
- Taxes -€517
down €517 (-25.3%), from €2,045 to €1,528
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 | €711,392 | €642,756 | -€68,636 | -9.6% |
| Fixed assets | 21/28 | €619,746 | €581,134 | -€38,612 | -6.2% |
| Tangible fixed assets | 22/27 | €531,871 | €493,259 | -€38,612 | -7.3% |
| Land and buildings | 22 | €528,459 | €490,224 | -€38,235 | -7.2% |
| Other tangible fixed assets | 26 | €3,412 | €3,035 | -€377 | -11.0% |
| Financial fixed assets | 28 | €87,875 | €87,875 | = | 0.0% |
| Current assets | 29/58 | €91,646 | €61,622 | -€30,024 | -32.8% |
| Amounts receivable after more than one year | 29 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Other amounts receivable | 291 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €16,206 | €15,667 | -€539 | -3.3% |
| Trade receivables | 40 | - | €1,655 | +€1,655 | |
| Other amounts receivable | 41 | €16,206 | €14,011 | -€2,195 | -13.5% |
| Cash at bank and in hand | 54/58 | €14,615 | €153 | -€14,462 | -99.0% |
| Deferred charges and accrued income | 490/1 | €825 | €802 | -€23 | -2.8% |
| Total equity and liabilities | 10/49 | €711,392 | €642,756 | -€68,636 | -9.6% |
| Equity | 10/15 | €46,415 | €46,854 | +€439 | +0.9% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €28,945 | €28,945 | = | 0.0% |
| Distributable reserves | 133 | €28,945 | €28,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,270 | €1,708 | +€439 | +34.5% |
| Amounts payable | 17/49 | €664,977 | €595,902 | -€69,075 | -10.4% |
| Amounts payable after more than one year | 17 | €360,958 | €301,315 | -€59,643 | -16.5% |
| Financial debts | 170/4 | €360,958 | €301,315 | -€59,643 | -16.5% |
| Amounts payable within one year | 42/48 | €304,020 | €294,588 | -€9,432 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €58,749 | €59,643 | +€894 | +1.5% |
| Trade debts | 44 | €95,360 | €76,399 | -€18,961 | -19.9% |
| Suppliers | 440/4 | €95,360 | €76,399 | -€18,961 | -19.9% |
| Taxes, remuneration and social security | 45 | €7,206 | €3,769 | -€3,437 | -47.7% |
| Taxes | 450/3 | €7,206 | €3,769 | -€3,437 | -47.7% |
| Other amounts payable | 47/48 | €142,704 | €154,777 | +€12,072 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,552 | €38,612 | +€60 | +0.2% |
| Other operating charges | 640/8 | €3,313 | €4,316 | +€1,003 | +30.3% |
| Gross operating margin | 9900 | €47,084 | €51,265 | +€4,181 | +8.9% |
| Operating profit (loss) | 9901 | €5,219 | €8,338 | +€3,119 | +59.8% |
| Financial income | 75/76B | €5,743 | - | -€5,743 | |
| Recurring financial income | 75 | €5,743 | - | -€5,743 | |
| Financial charges | 65/66B | €7,647 | €6,371 | -€1,276 | -16.7% |
| Recurring financial charges | 65 | €7,647 | €6,371 | -€1,276 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €3,315 | €1,966 | -€1,348 | -40.7% |
| Income taxes | 67/77 | €2,045 | €1,528 | -€517 | -25.3% |
| Profit (loss) for the period | 9904 | €1,270 | €439 | -€831 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,270 | €439 | -€831 | -65.5% |
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 16 October 2026 via checked.be.