SSL-WELD-PRO: 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.
SSL-WELD-PRO
Largest movements
- Cash +€10,174
up €10,174 (+460.1%), from €2,211 to €12,385
mainly Current portion of long-term debt (+€13,408) and Tax, wage and social debts (+€11,733)
- Tangible fixed assets -€1,559
down €1,559 (-61.0%), from €2,558 to €999
of which Plant, machinery and equipment: -€793
- Receivables within one year -€777
down €777 (-4.6%), from €16,923 to €16,146
of which Trade receivables: -€3,417
- Profit (loss) carried forward -€15,885
down €15,885 (-88.4%), from €17,961 to €2,075
- Current portion of long-term debt +€13,408
new in 2025: €13,408
- Tax, wage and social debts +€11,733
new in 2025: €11,733
of which Remuneration and social security: +€11,733
- Trade debts -€6,062
down €6,062 (-41.5%), from €14,597 to €8,534
- Debts after one year +€4,644
new in 2025: €4,644
- Gross operating margin -€15,462
down €15,462, from €13,698 to -€1,765
- Staff costs +€4,410
up €4,410 (+105.8%), from €4,167 to €8,577
- Depreciation +€1,322
up €1,322 (+556.9%), from €237 to €1,559
- Financial charges +€1,009
up €1,009 (+658.2%), from €153 to €1,162
- Other operating charges +€721
up €721 (+38.3%), from €1,881 to €2,602
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 | €33,057 | €40,895 | +€7,838 | +23.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,558 | €999 | -€1,559 | -61.0% |
| Tangible fixed assets | 22/27 | €2,558 | €999 | -€1,559 | -61.0% |
| Plant, machinery and equipment | 23 | €847 | €54 | -€793 | -93.6% |
| Furniture and vehicles | 24 | €1,711 | €944 | -€766 | -44.8% |
| Current assets | 29/58 | €30,499 | €39,896 | +€9,397 | +30.8% |
| Stocks and contracts in progress | 3 | €11,365 | €11,365 | = | 0.0% |
| Stocks | 30/36 | €11,365 | €11,365 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,923 | €16,146 | -€777 | -4.6% |
| Trade receivables | 40 | €15,337 | €11,920 | -€3,417 | -22.3% |
| Other amounts receivable | 41 | €1,586 | €4,226 | +€2,640 | +166.4% |
| Cash at bank and in hand | 54/58 | €2,211 | €12,385 | +€10,174 | +460.1% |
| Total equity and liabilities | 10/49 | €33,057 | €40,895 | +€7,838 | +23.7% |
| Equity | 10/15 | €18,461 | €2,575 | -€15,885 | -86.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,961 | €2,075 | -€15,885 | -88.4% |
| Amounts payable | 17/49 | €14,597 | €38,319 | +€23,723 | +162.5% |
| Amounts payable after more than one year | 17 | - | €4,644 | +€4,644 | |
| Financial debts | 170/4 | - | €4,644 | +€4,644 | |
| Amounts payable within one year | 42/48 | €14,597 | €33,676 | +€19,079 | +130.7% |
| Current portion of amounts payable after more than one year | 42 | - | €13,408 | +€13,408 | |
| Trade debts | 44 | €14,597 | €8,534 | -€6,062 | -41.5% |
| Suppliers | 440/4 | €14,597 | €8,534 | -€6,062 | -41.5% |
| Taxes, remuneration and social security | 45 | - | €11,733 | +€11,733 | |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | - | €11,733 | +€11,733 | |
| Remuneration, social security and pensions | 62 | €4,167 | €8,577 | +€4,410 | +105.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €1,559 | +€1,322 | +556.9% |
| Other operating charges | 640/8 | €1,881 | €2,602 | +€721 | +38.3% |
| Gross operating margin | 9900 | €13,698 | -€1,765 | -€15,462 | |
| Operating profit (loss) | 9901 | €7,413 | -€14,502 | -€21,915 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €153 | €1,162 | +€1,009 | +658.2% |
| Recurring financial charges | 65 | €153 | €1,162 | +€1,009 | +658.2% |
| Profit (loss) for the period before taxes | 9903 | €7,259 | -€15,664 | -€22,924 | |
| Income taxes | 67/77 | - | €221 | +€221 | |
| Profit (loss) for the period | 9904 | €7,259 | -€15,885 | -€23,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,259 | -€15,885 | -€23,145 |
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 8 October 2026 via checked.be.