SLV SYSTEM: 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 SYSTEM
Largest movements
- Receivables within one year -€23,651
down €23,651 (-63.7%), from €37,137 to €13,487
- Cash +€5,504
up €5,504 (+340.8%), from €1,615 to €7,119
mainly Receivables within one year (+€23,651) and Depreciation (+€6,428)
- Deferred charges and accrued income -€3,578
down €3,578 (-60.7%), from €5,896 to €2,319
- Tangible fixed assets +€2,046
up €2,046 (+29.2%), from €7,003 to €9,049
of which Furniture and vehicles: +€2,315
- Other debts -€11,389
down €11,389 (-34.4%), from €33,103 to €21,714
- Trade debts -€6,586
down €6,586 (-32.9%), from €20,045 to €13,460
- Profit (loss) carried forward -€4,390
down €4,390 (-31.1%), from -€14,102 to -€18,492
- Tax, wage and social debts +€2,686
up €2,686 (+41.9%), from €6,404 to €9,091
- Gross operating margin -€13,344
down €13,344 (-68.0%), from €19,624 to €6,280
- Depreciation -€3,438
down €3,438 (-34.8%), from €9,866 to €6,428
- Other operating charges +€1,724
up €1,724 (+101.0%), from €1,707 to €3,431
- Financial charges -€1,271
down €1,271 (-64.4%), from €1,974 to €703
- Financial income -€497
down €497 (-82.6%), from €601 to €104
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 | €51,651 | €31,973 | -€19,678 | -38.1% |
| Fixed assets | 21/28 | €7,003 | €9,049 | +€2,046 | +29.2% |
| Tangible fixed assets | 22/27 | €7,003 | €9,049 | +€2,046 | +29.2% |
| Plant, machinery and equipment | 23 | €288 | €18 | -€269 | -93.6% |
| Furniture and vehicles | 24 | €6,715 | €9,030 | +€2,315 | +34.5% |
| Current assets | 29/58 | €44,648 | €22,924 | -€21,724 | -48.7% |
| Amounts receivable within one year | 40/41 | €37,137 | €13,487 | -€23,651 | -63.7% |
| Trade receivables | 40 | €37,137 | €13,487 | -€23,651 | -63.7% |
| Cash at bank and in hand | 54/58 | €1,615 | €7,119 | +€5,504 | +340.8% |
| Deferred charges and accrued income | 490/1 | €5,896 | €2,319 | -€3,578 | -60.7% |
| Total equity and liabilities | 10/49 | €51,651 | €31,973 | -€19,678 | -38.1% |
| Equity | 10/15 | -€7,902 | -€12,292 | -€4,390 | -55.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,102 | -€18,492 | -€4,390 | -31.1% |
| Amounts payable | 17/49 | €59,553 | €44,264 | -€15,288 | -25.7% |
| Amounts payable within one year | 42/48 | €59,553 | €44,264 | -€15,288 | -25.7% |
| Trade debts | 44 | €20,045 | €13,460 | -€6,586 | -32.9% |
| Suppliers | 440/4 | €20,045 | €13,460 | -€6,586 | -32.9% |
| Taxes, remuneration and social security | 45 | €6,404 | €9,091 | +€2,686 | +41.9% |
| Taxes | 450/3 | €6,404 | €9,091 | +€2,686 | +41.9% |
| Other amounts payable | 47/48 | €33,103 | €21,714 | -€11,389 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,866 | €6,428 | -€3,438 | -34.8% |
| Other operating charges | 640/8 | €1,707 | €3,431 | +€1,724 | +101.0% |
| Gross operating margin | 9900 | €19,624 | €6,280 | -€13,344 | -68.0% |
| Operating profit (loss) | 9901 | €8,051 | -€3,579 | -€11,631 | |
| Financial income | 75/76B | €601 | €104 | -€497 | -82.6% |
| Recurring financial income | 75 | €601 | €104 | -€497 | -82.6% |
| Financial charges | 65/66B | €1,974 | €703 | -€1,271 | -64.4% |
| Recurring financial charges | 65 | €1,974 | €703 | -€1,271 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €6,678 | -€4,178 | -€10,856 | |
| Income taxes | 67/77 | €221 | €212 | -€9 | -4.2% |
| Profit (loss) for the period | 9904 | €6,457 | -€4,390 | -€10,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,457 | -€4,390 | -€10,847 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.