SLV Design: 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.
SLV Design
Largest movements
- Receivables within one year -€16,647
down €16,647 (-58.9%), from €28,253 to €11,606
of which Other amounts receivable: -€11,631
- Tangible fixed assets -€6,525
down €6,525 (-28.4%), from €22,999 to €16,474
of which Plant, machinery and equipment: -€4,957
- Cash -€3,579
down €3,579 (-15.5%), from €23,071 to €19,492
mainly Trade debts (-€9,416) and Net result for the year (-€7,293)
- Deferred charges and accrued income +€2,690
up €2,690 (+162.0%), from €1,660 to €4,350
- Stocks and contracts +€1,300
up €1,300, from €0 to €1,300
of which Stocks: +€1,300
- Trade debts -€9,416
down €9,416 (-61.4%), from €15,348 to €5,932
- Reserves -€7,293
down €7,293 (-26.7%), from €27,297 to €20,004
- Debts after one year -€6,622
down €6,622 (-53.3%), from €12,417 to €5,795
- Gross operating margin -€12,409
down €12,409 (-85.3%), from €14,540 to €2,131
- Depreciation +€2,968
up €2,968 (+75.0%), from €3,957 to €6,925
- Taxes -€2,328
down €2,328 (-100.0%), from €2,328 to €0
- Financial charges +€666
up €666 (+56.3%), from €1,184 to €1,849
- Financial income -€452
down €452 (-61.0%), from €740 to €289
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 | €77,276 | €54,115 | -€23,161 | -30.0% |
| Fixed assets | 21/28 | €24,292 | €17,367 | -€6,925 | -28.5% |
| Intangible fixed assets | 21 | €733 | €333 | -€400 | -54.5% |
| Tangible fixed assets | 22/27 | €22,999 | €16,474 | -€6,525 | -28.4% |
| Plant, machinery and equipment | 23 | €18,850 | €13,893 | -€4,957 | -26.3% |
| Furniture and vehicles | 24 | €4,149 | €2,581 | -€1,568 | -37.8% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €52,984 | €36,748 | -€16,236 | -30.6% |
| Stocks and contracts in progress | 3 | €0 | €1,300 | +€1,300 | |
| Stocks | 30/36 | €0 | €1,300 | +€1,300 | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,253 | €11,606 | -€16,647 | -58.9% |
| Trade receivables | 40 | €6,559 | €1,542 | -€5,016 | -76.5% |
| Other amounts receivable | 41 | €21,694 | €10,064 | -€11,631 | -53.6% |
| Cash at bank and in hand | 54/58 | €23,071 | €19,492 | -€3,579 | -15.5% |
| Deferred charges and accrued income | 490/1 | €1,660 | €4,350 | +€2,690 | +162.0% |
| Total equity and liabilities | 10/49 | €77,276 | €54,115 | -€23,161 | -30.0% |
| Equity | 10/15 | €42,297 | €35,004 | -€7,293 | -17.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €27,297 | €20,004 | -€7,293 | -26.7% |
| Distributable reserves | 133 | €27,297 | €20,004 | -€7,293 | -26.7% |
| Amounts payable | 17/49 | €34,979 | €19,111 | -€15,868 | -45.4% |
| Amounts payable after more than one year | 17 | €12,417 | €5,795 | -€6,622 | -53.3% |
| Financial debts | 170/4 | €12,417 | €5,795 | -€6,622 | -53.3% |
| Amounts payable within one year | 42/48 | €22,562 | €12,917 | -€9,646 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €7,214 | €6,622 | -€592 | -8.2% |
| Trade debts | 44 | €15,348 | €5,932 | -€9,416 | -61.4% |
| Suppliers | 440/4 | €15,348 | €5,932 | -€9,416 | -61.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €362 | +€362 | |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,957 | €6,925 | +€2,968 | +75.0% |
| Other operating charges | 640/8 | €1,364 | €938 | -€426 | -31.2% |
| Gross operating margin | 9900 | €14,540 | €2,131 | -€12,409 | -85.3% |
| Operating profit (loss) | 9901 | €9,219 | -€5,732 | -€14,951 | |
| Financial income | 75/76B | €740 | €289 | -€452 | -61.0% |
| Recurring financial income | 75 | €740 | €289 | -€452 | -61.0% |
| Financial charges | 65/66B | €1,184 | €1,849 | +€666 | +56.3% |
| Recurring financial charges | 65 | €1,184 | €1,849 | +€666 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €8,775 | -€7,293 | -€16,068 | |
| Income taxes | 67/77 | €2,328 | €0 | -€2,328 | -100.0% |
| Profit (loss) for the period | 9904 | €6,447 | -€7,293 | -€13,740 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,447 | -€7,293 | -€13,740 |
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 4 October 2026 via checked.be.