DE SLAPER: 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.
DE SLAPER
Largest movements
- Tangible fixed assets -€11,975
down €11,975 (-2.5%), from €473,135 to €461,160
of which Land and buildings: -€13,525
- Receivables within one year +€6,313
up €6,313, from €0 to €6,313
of which Other amounts receivable: +€5,801
- Cash -€5,971
down €5,971 (-10.5%), from €56,811 to €50,841
mainly Other debts (-€38,420) and Investment in fixed assets (net) (-€18,681)
- Reserves +€61,316
up €61,316 (+34.2%), from €179,289 to €240,605
- Other debts -€38,420
down €38,420 (-39.2%), from €97,917 to €59,497
- Debts after one year -€16,240
down €16,240 (-9.6%), from €168,318 to €152,077
- Current portion of long-term debt -€9,358
down €9,358 (-36.6%), from €25,599 to €16,240
- Gross operating margin +€8,936
up €8,936 (+4.4%), from €205,350 to €214,286
- Staff costs +€8,640
up €8,640 (+12.7%), from €67,796 to €76,436
- Financial charges -€6,667
down €6,667 (-39.6%), from €16,837 to €10,170
- Taxes +€6,276
up €6,276 (+27.3%), from €22,975 to €29,251
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,544 | €531,353 | -€10,191 | -1.9% |
| Fixed assets | 21/28 | €473,135 | €461,160 | -€11,975 | -2.5% |
| Tangible fixed assets | 22/27 | €473,135 | €461,160 | -€11,975 | -2.5% |
| Land and buildings | 22 | €421,333 | €407,808 | -€13,525 | -3.2% |
| Plant, machinery and equipment | 23 | €30,033 | €36,225 | +€6,192 | +20.6% |
| Furniture and vehicles | 24 | €21,769 | €17,127 | -€4,642 | -21.3% |
| Current assets | 29/58 | €68,409 | €70,193 | +€1,784 | +2.6% |
| Stocks and contracts in progress | 3 | €7,829 | €8,973 | +€1,144 | +14.6% |
| Stocks | 30/36 | €7,829 | €8,973 | +€1,144 | +14.6% |
| Amounts receivable within one year | 40/41 | €0 | €6,313 | +€6,313 | |
| Trade receivables | 40 | - | €512 | +€512 | |
| Other amounts receivable | 41 | €0 | €5,801 | +€5,801 | |
| Cash at bank and in hand | 54/58 | €56,811 | €50,841 | -€5,971 | -10.5% |
| Deferred charges and accrued income | 490/1 | €3,769 | €4,067 | +€298 | +7.9% |
| Total equity and liabilities | 10/49 | €541,544 | €531,353 | -€10,191 | -1.9% |
| Equity | 10/15 | €199,289 | €260,605 | +€61,316 | +30.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €179,289 | €240,605 | +€61,316 | +34.2% |
| Distributable reserves | 133 | €179,289 | €240,605 | +€61,316 | +34.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €342,255 | €270,748 | -€71,507 | -20.9% |
| Amounts payable after more than one year | 17 | €168,318 | €152,077 | -€16,240 | -9.6% |
| Financial debts | 170/4 | €168,318 | €152,077 | -€16,240 | -9.6% |
| Amounts payable within one year | 42/48 | €173,937 | €118,671 | -€55,266 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €25,599 | €16,240 | -€9,358 | -36.6% |
| Trade debts | 44 | €17,388 | €13,310 | -€4,078 | -23.5% |
| Suppliers | 440/4 | €17,388 | €13,310 | -€4,078 | -23.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €33,033 | €29,623 | -€3,410 | -10.3% |
| Taxes | 450/3 | €17,219 | €9,261 | -€7,957 | -46.2% |
| Remuneration and social security | 454/9 | €15,814 | €20,362 | +€4,548 | +28.8% |
| Other amounts payable | 47/48 | €97,917 | €59,497 | -€38,420 | -39.2% |
| Remuneration, social security and pensions | 62 | €67,796 | €76,436 | +€8,640 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,820 | €30,656 | -€164 | -0.5% |
| Other operating charges | 640/8 | €5,782 | €6,635 | +€853 | +14.7% |
| Gross operating margin | 9900 | €205,350 | €214,286 | +€8,936 | +4.4% |
| Operating profit (loss) | 9901 | €100,951 | €100,559 | -€392 | -0.4% |
| Financial income | 75/76B | €408 | €178 | -€231 | -56.5% |
| Recurring financial income | 75 | €408 | €178 | -€231 | -56.5% |
| Financial charges | 65/66B | €16,837 | €10,170 | -€6,667 | -39.6% |
| Recurring financial charges | 65 | €16,837 | €10,170 | -€6,667 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €84,523 | €90,567 | +€6,043 | +7.2% |
| Income taxes | 67/77 | €22,975 | €29,251 | +€6,276 | +27.3% |
| Profit (loss) for the period | 9904 | €61,548 | €61,316 | -€232 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,548 | €61,316 | -€232 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.