S&B Group: 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.
S&B Group
Largest movements
- Cash +€3,888
up €3,888 (+181%), from €2,150 to €6,038
mainly Tax, wage and social debts (+€3,040) and Depreciation (+€1,500)
- Tangible fixed assets -€1,500
down €1,500 (-98.6%), from €1,521 to €21
- Tax, wage and social debts +€3,040
up €3,040 (+36.9%), from €8,244 to €11,284
of which Remuneration and social security: +€3,352
- Profit (loss) carried forward -€1,404
down €1,404, from €102 to -€1,302
- Other debts +€1,278
new in 2025: €1,278
- Gross operating margin -€8,335
down €8,335 (-51.0%), from €16,356 to €8,021
- Staff costs -€5,014
down €5,014 (-41.3%), from €12,155 to €7,141
- Other operating charges -€773
down €773 (-73.2%), from €1,057 to €284
- Financial charges -€600
down €600 (-54.5%), from €1,100 to €500
- Financial income -€261
no longer reported in 2025 (was €261)
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.
Derived cash bridge
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 | €33,756 | €36,416 | +€2,660 | +7.9% |
| Fixed assets | 21/28 | €1,521 | €21 | -€1,500 | -98.6% |
| Tangible fixed assets | 22/27 | €1,521 | €21 | -€1,500 | -98.6% |
| Furniture and vehicles | 24 | €1,521 | €21 | -€1,500 | -98.6% |
| Current assets | 29/58 | €32,236 | €36,396 | +€4,160 | +12.9% |
| Stocks and contracts in progress | 3 | €24,450 | €24,450 | = | 0.0% |
| Stocks | 30/36 | €24,450 | €24,450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,595 | €5,868 | +€273 | +4.9% |
| Trade receivables | 40 | - | €5,223 | +€5,223 | |
| Other amounts receivable | 41 | €5,595 | €645 | -€4,950 | -88.5% |
| Cash at bank and in hand | 54/58 | €2,150 | €6,038 | +€3,888 | +181% |
| Deferred charges and accrued income | 490/1 | €41 | €40 | -€0 | -1.0% |
| Total equity and liabilities | 10/49 | €33,756 | €36,416 | +€2,660 | +7.9% |
| Equity | 10/15 | €20,102 | €18,698 | -€1,404 | -7.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102 | -€1,302 | -€1,404 | |
| Amounts payable | 17/49 | €13,654 | €17,718 | +€4,064 | +29.8% |
| Amounts payable within one year | 42/48 | €13,654 | €17,718 | +€4,064 | +29.8% |
| Trade debts | 44 | €5,410 | €5,156 | -€254 | -4.7% |
| Suppliers | 440/4 | €5,410 | €5,156 | -€254 | -4.7% |
| Taxes, remuneration and social security | 45 | €8,244 | €11,284 | +€3,040 | +36.9% |
| Taxes | 450/3 | €5,640 | €5,328 | -€312 | -5.5% |
| Remuneration and social security | 454/9 | €2,604 | €5,956 | +€3,352 | +129% |
| Other amounts payable | 47/48 | - | €1,278 | +€1,278 | |
| Remuneration, social security and pensions | 62 | €12,155 | €7,141 | -€5,014 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,057 | €284 | -€773 | -73.2% |
| Non-recurring operating charges | 66A | €476 | - | -€476 | |
| Gross operating margin | 9900 | €16,356 | €8,021 | -€8,335 | -51.0% |
| Operating profit (loss) | 9901 | €1,168 | -€904 | -€2,072 | |
| Financial income | 75/76B | €261 | - | -€261 | |
| Recurring financial income | 75 | €261 | - | -€261 | |
| Financial charges | 65/66B | €1,100 | €500 | -€600 | -54.5% |
| Recurring financial charges | 65 | €1,100 | €500 | -€600 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €330 | -€1,404 | -€1,734 | |
| Income taxes | 67/77 | €144 | - | -€144 | |
| Profit (loss) for the period | 9904 | €186 | -€1,404 | -€1,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €186 | -€1,404 | -€1,590 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.