Sluyts Products: what changed
What changed
Sluyts Products
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
€108,971
2024 · €316,580-€207,608
Equity
€1.1m
2024 · €1.0m+€108,971
Cash
€662,969
2024 · €571,351+€91,618
Balance sheet total
€1.6m
2024 · €1.6m+€61,488
Largest movements
Assets
- Receivables within one year -€631,512
down €631,512 (-70.7%), from €893,230 to €261,718
of which Other amounts receivable: -€474,626
- Receivables after one year +€475,260
new in 2025: €475,260
- Tangible fixed assets +€116,779
up €116,779 (+138%), from €84,729 to €201,508
of which Furniture and vehicles: +€115,794
- Cash +€91,618
up €91,618 (+16.0%), from €571,351 to €662,969
mainly Receivables within one year (+€631,512) and Net result for the year (+€108,971)
Equity and liabilities
- Reserves +€108,971
up €108,971 (+11.0%), from €989,665 to €1.1m
of which Distributable reserves: +€113,971
- Trade debts -€56,986
down €56,986 (-25.8%), from €221,228 to €164,243
Income statement
- Gross operating margin -€153,887
down €153,887 (-23.9%), from €644,278 to €490,391
- Staff costs +€96,926
up €96,926 (+52.7%), from €183,775 to €280,701
- Taxes -€49,758
down €49,758 (-58.6%), from €84,859 to €35,101
- Depreciation +€17,578
up €17,578 (+57.7%), from €30,464 to €48,043
- Financial charges -€9,130
down €9,130 (-85.2%), from €10,716 to €1,586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€316,580
Gross operating margin
-€153,887
Staff costs
-€96,926
Depreciation
-€17,578
Write-downs
+€6,998
Other operating charges
+€7,276
Other operating items
-€11,761
Financial income
-€618
Financial charges
+€9,130
Taxes
+€49,758
Result 2025
€108,971
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€256,608
Investment
-€164,497
Financing
-€493
Cash 2024
€571,351
From operations (derived)
+€256,608
Net result for the year
+€108,971
Depreciation
+€48,043
Receivables after one year
-€475,260
Receivables within one year
+€631,512
Deferred charges and accrued income
-€9,667
Trade debts
-€56,986
Tax, wage and social debts
-€12,005
Other debts
+€16,000
Accrued charges and deferred income
+€6,000
Investment (derived)
-€164,497
Investment in fixed assets (net)
-€164,497
Financing
-€493
Current portion of long-term debt
-€493
Cash 2025
€662,969
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,564,634 | €1,626,122 | +€61,488 | +3.9% |
| Fixed assets | 21/28 | €85,054 | €201,508 | +€116,454 | +137% |
| Tangible fixed assets | 22/27 | €84,729 | €201,508 | +€116,779 | +138% |
| Plant, machinery and equipment | 23 | €9,543 | €10,527 | +€984 | +10.3% |
| Furniture and vehicles | 24 | €75,186 | €190,981 | +€115,794 | +154% |
| Financial fixed assets | 28 | €324 | - | -€324 | |
| Current assets | 29/58 | €1,479,581 | €1,424,614 | -€54,967 | -3.7% |
| Amounts receivable after more than one year | 29 | - | €475,260 | +€475,260 | |
| Other amounts receivable | 291 | - | €475,260 | +€475,260 | |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €893,230 | €261,718 | -€631,512 | -70.7% |
| Trade receivables | 40 | €418,604 | €261,718 | -€156,886 | -37.5% |
| Other amounts receivable | 41 | €474,626 | - | -€474,626 | |
| Cash at bank and in hand | 54/58 | €571,351 | €662,969 | +€91,618 | +16.0% |
| Deferred charges and accrued income | 490/1 | - | €9,667 | +€9,667 | |
| Total equity and liabilities | 10/49 | €1,564,634 | €1,626,122 | +€61,488 | +3.9% |
| Equity | 10/15 | €1,039,665 | €1,148,636 | +€108,971 | +10.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €989,665 | €1,098,636 | +€108,971 | +11.0% |
| Non-distributable reserves | 130/1 | €5,000 | - | -€5,000 | |
| Reserves not available under the articles | 1311 | €5,000 | - | -€5,000 | |
| Distributable reserves | 133 | €984,665 | €1,098,636 | +€113,971 | +11.6% |
| Amounts payable | 17/49 | €524,970 | €477,486 | -€47,484 | -9.0% |
| Amounts payable within one year | 42/48 | €524,970 | €471,486 | -€53,484 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €493 | - | -€493 | |
| Trade debts | 44 | €221,228 | €164,243 | -€56,986 | -25.8% |
| Suppliers | 440/4 | €221,228 | €164,243 | -€56,986 | -25.8% |
| Taxes, remuneration and social security | 45 | €223,248 | €211,243 | -€12,005 | -5.4% |
| Taxes | 450/3 | €187,917 | €153,026 | -€34,891 | -18.6% |
| Remuneration and social security | 454/9 | €35,332 | €58,217 | +€22,886 | +64.8% |
| Other amounts payable | 47/48 | €80,000 | €96,000 | +€16,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Non-recurring operating income | 76A | €303,379 | - | -€303,379 | |
| Remuneration, social security and pensions | 62 | €183,775 | €280,701 | +€96,926 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,464 | €48,043 | +€17,578 | +57.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,269 | €271 | -€6,998 | -96.3% |
| Other operating charges | 640/8 | €11,233 | €3,957 | -€7,276 | -64.8% |
| Non-recurring operating charges | 66A | - | €11,761 | +€11,761 | |
| Gross operating margin | 9900 | €644,278 | €490,391 | -€153,887 | -23.9% |
| Operating profit (loss) | 9901 | €411,537 | €145,658 | -€265,879 | -64.6% |
| Financial income | 75/76B | €618 | - | -€618 | |
| Recurring financial income | 75 | €618 | - | -€618 | |
| Financial charges | 65/66B | €10,716 | €1,586 | -€9,130 | -85.2% |
| Recurring financial charges | 65 | €10,716 | €1,586 | -€9,130 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €401,439 | €144,072 | -€257,367 | -64.1% |
| Income taxes | 67/77 | €84,859 | €35,101 | -€49,758 | -58.6% |
| Profit (loss) for the period | 9904 | €316,580 | €108,971 | -€207,608 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €316,580 | €108,971 | -€207,608 | -65.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.