GROUP SBS CONSULTING: what changed
What changed
GROUP SBS CONSULTING
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€28,376
2024 · -€7,641+€36,016
Equity
€297,611
2024 · €269,235+€28,376
Cash
€32,365
2024 · €18,573+€13,792
Balance sheet total
€833,445
2024 · €806,429+€27,016
Largest movements
Assets
- Receivables within one year +€17,792
up €17,792 (+53.4%), from €33,314 to €51,107
of which Other amounts receivable: +€12,533
- Cash +€13,792
up €13,792 (+74.3%), from €18,573 to €32,365
mainly Net result for the year (+€28,376) and Tax, wage and social debts (+€11,514)
Equity and liabilities
- Profit (loss) carried forward +€28,376
up €28,376 (+94.3%), from -€30,094 to -€1,718
- Debts after one year -€17,574
down €17,574 (-5.0%), from €353,796 to €336,222
- Tax, wage and social debts +€11,514
up €11,514 (+70.7%), from €16,285 to €27,800
of which Taxes: +€9,946
- Advances received +€10,393
new in 2025: €10,393
Income statement
- Financial charges -€43,490
down €43,490 (-63.9%), from €68,058 to €24,567
of which Non-recurring financial charges: -€40,250
- Gross operating margin +€5,500
up €5,500 (+4.8%), from €114,931 to €120,431
- Staff costs +€4,929
up €4,929 (+14.7%), from €33,619 to €38,548
- Taxes +€4,708
up €4,708 (+42.4%), from €11,110 to €15,818
- Depreciation +€2,675
up €2,675 (+32.3%), from €8,290 to €10,965
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
-€7,641
Gross operating margin
+€5,500
Staff costs
-€4,929
Depreciation
-€2,675
Other operating charges
-€661
Financial income
-€0
Financial charges
+€43,490
Taxes
-€4,708
Result 2025
€28,376
raises the resultlowers the result
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
+€42,965
Investment
-€8,408
Financing
-€20,766
Cash 2024
€18,573
From operations (derived)
+€42,965
Net result for the year
+€28,376
Depreciation
+€10,965
Receivables within one year
-€17,792
Deferred charges and accrued income
+€2,010
Trade debts
+€77
Tax, wage and social debts
+€11,514
Advances received
+€10,393
Other debts
-€2,578
Investment (derived)
-€8,408
Investment in fixed assets (net)
-€8,408
Financing
-€20,766
Debts after one year
-€17,574
Current portion of long-term debt
+€451
Short-term financial debts
-€3,643
Cash 2025
€32,365
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €806,429 | €833,445 | +€27,016 | +3.4% |
| Fixed assets | 21/28 | €751,452 | €748,895 | -€2,557 | -0.3% |
| Intangible fixed assets | 21 | €573,624 | €573,624 | = | 0.0% |
| Tangible fixed assets | 22/27 | €177,829 | €175,271 | -€2,557 | -1.4% |
| Land and buildings | 22 | €170,482 | €164,531 | -€5,951 | -3.5% |
| Plant, machinery and equipment | 23 | €6,074 | €9,786 | +€3,712 | +61.1% |
| Furniture and vehicles | 24 | €1,272 | €954 | -€318 | -25.0% |
| Current assets | 29/58 | €54,976 | €84,550 | +€29,574 | +53.8% |
| Amounts receivable within one year | 40/41 | €33,314 | €51,107 | +€17,792 | +53.4% |
| Trade receivables | 40 | €23,839 | €29,098 | +€5,259 | +22.1% |
| Other amounts receivable | 41 | €9,475 | €22,009 | +€12,533 | +132% |
| Cash at bank and in hand | 54/58 | €18,573 | €32,365 | +€13,792 | +74.3% |
| Deferred charges and accrued income | 490/1 | €3,089 | €1,078 | -€2,010 | -65.1% |
| Total equity and liabilities | 10/49 | €806,429 | €833,445 | +€27,016 | +3.4% |
| Equity | 10/15 | €269,235 | €297,611 | +€28,376 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €280,729 | €280,729 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €278,869 | €278,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,094 | -€1,718 | +€28,376 | +94.3% |
| Provisions and deferred taxes | 16 | €120,000 | €120,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €120,000 | €120,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable | 17/49 | €417,194 | €415,834 | -€1,360 | -0.3% |
| Amounts payable after more than one year | 17 | €353,796 | €336,222 | -€17,574 | -5.0% |
| Financial debts | 170/4 | €353,796 | €336,222 | -€17,574 | -5.0% |
| Amounts payable within one year | 42/48 | €63,397 | €79,611 | +€16,214 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €17,123 | €17,574 | +€451 | +2.6% |
| Financial debts | 43 | €16,387 | €12,744 | -€3,643 | -22.2% |
| Credit institutions | 430/8 | €16,387 | €12,744 | -€3,643 | -22.2% |
| Trade debts | 44 | €11,024 | €11,101 | +€77 | +0.7% |
| Suppliers | 440/4 | €11,024 | €11,101 | +€77 | +0.7% |
| Advances received on contracts in progress | 46 | - | €10,393 | +€10,393 | |
| Taxes, remuneration and social security | 45 | €16,285 | €27,800 | +€11,514 | +70.7% |
| Taxes | 450/3 | €5,357 | €15,304 | +€9,946 | +186% |
| Remuneration and social security | 454/9 | €10,928 | €12,496 | +€1,568 | +14.3% |
| Other amounts payable | 47/48 | €2,578 | - | -€2,578 | |
| Remuneration, social security and pensions | 62 | €33,619 | €38,548 | +€4,929 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,290 | €10,965 | +€2,675 | +32.3% |
| Other operating charges | 640/8 | €1,495 | €2,156 | +€661 | +44.2% |
| Gross operating margin | 9900 | €114,931 | €120,431 | +€5,500 | +4.8% |
| Operating profit (loss) | 9901 | €71,527 | €68,761 | -€2,765 | -3.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €68,058 | €24,567 | -€43,490 | -63.9% |
| Recurring financial charges | 65 | €27,808 | €24,567 | -€3,240 | -11.7% |
| Non-recurring financial charges | 66B | €40,250 | - | -€40,250 | |
| Profit (loss) for the period before taxes | 9903 | €3,470 | €44,194 | +€40,725 | +1,174% |
| Income taxes | 67/77 | €11,110 | €15,818 | +€4,708 | +42.4% |
| Profit (loss) for the period | 9904 | -€7,641 | €28,376 | +€36,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,641 | €28,376 | +€36,016 |
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 4 November 2026 via checked.be.