S B S Consulting: 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 S Consulting
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Cash +€66,570
up €66,570 (+35.7%), from €186,503 to €253,074
mainly Current investments (+€300,000) and Receivables within one year (+€65,546)
- Receivables within one year -€65,546
down €65,546 (-35.4%), from €185,240 to €119,694
of which Trade receivables: -€118,260
- Tangible fixed assets -€39,435
down €39,435 (-11.2%), from €352,178 to €312,743
of which Furniture and vehicles: -€30,699
- Reserves -€187,329
down €187,329 (-37.7%), from €496,813 to €309,484
- Trade debts -€114,589
down €114,589 (-92.0%), from €124,522 to €9,933
- Debts after one year -€36,984
down €36,984 (-13.6%), from €272,004 to €235,020
- Gross operating margin -€545,880
down €545,880, from €420,199 to -€125,680
- Taxes -€93,801
down €93,801 (-98.5%), from €95,204 to €1,403
- Depreciation +€23,340
up €23,340 (+145%), from €16,095 to €39,435
- Financial income +€5,804
up €5,804 (+256%), from €2,266 to €8,070
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 | €1,026,023 | €690,028 | -€335,995 | -32.7% |
| Fixed assets | 21/28 | €352,178 | €312,743 | -€39,435 | -11.2% |
| Tangible fixed assets | 22/27 | €352,178 | €312,743 | -€39,435 | -11.2% |
| Land and buildings | 22 | €209,664 | €200,928 | -€8,736 | -4.2% |
| Furniture and vehicles | 24 | €142,514 | €111,815 | -€30,699 | -21.5% |
| Current assets | 29/58 | €673,845 | €377,285 | -€296,560 | -44.0% |
| Amounts receivable within one year | 40/41 | €185,240 | €119,694 | -€65,546 | -35.4% |
| Trade receivables | 40 | €124,242 | €5,982 | -€118,260 | -95.2% |
| Other amounts receivable | 41 | €60,998 | €113,712 | +€52,714 | +86.4% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €186,503 | €253,074 | +€66,570 | +35.7% |
| Deferred charges and accrued income | 490/1 | €2,102 | €4,518 | +€2,415 | +115% |
| Total equity and liabilities | 10/49 | €1,026,023 | €690,028 | -€335,995 | -32.7% |
| Equity | 10/15 | €498,813 | €311,484 | -€187,329 | -37.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €496,813 | €309,484 | -€187,329 | -37.7% |
| Distributable reserves | 133 | €496,813 | €309,484 | -€187,329 | -37.7% |
| Amounts payable | 17/49 | €527,210 | €378,544 | -€148,666 | -28.2% |
| Amounts payable after more than one year | 17 | €272,004 | €235,020 | -€36,984 | -13.6% |
| Financial debts | 170/4 | €272,004 | €235,020 | -€36,984 | -13.6% |
| Amounts payable within one year | 42/48 | €255,206 | €143,524 | -€111,682 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €35,480 | €36,984 | +€1,504 | +4.2% |
| Trade debts | 44 | €124,522 | €9,933 | -€114,589 | -92.0% |
| Suppliers | 440/4 | €124,522 | €9,933 | -€114,589 | -92.0% |
| Taxes, remuneration and social security | 45 | €95,204 | €96,607 | +€1,403 | +1.5% |
| Taxes | 450/3 | €95,204 | €96,607 | +€1,403 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,095 | €39,435 | +€23,340 | +145% |
| Other operating charges | 640/8 | €5,929 | €3,560 | -€2,369 | -40.0% |
| Non-recurring operating charges | 66A | €6,352 | - | -€6,352 | |
| Gross operating margin | 9900 | €420,199 | -€125,680 | -€545,880 | |
| Operating profit (loss) | 9901 | €391,823 | -€168,675 | -€560,498 | |
| Financial income | 75/76B | €2,266 | €8,070 | +€5,804 | +256% |
| Recurring financial income | 75 | €2,266 | €8,070 | +€5,804 | +256% |
| Financial charges | 65/66B | €11,113 | €13,556 | +€2,443 | +22.0% |
| Recurring financial charges | 65 | €11,113 | €13,556 | +€2,443 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €382,976 | -€174,161 | -€557,137 | |
| Income taxes | 67/77 | €95,204 | €1,403 | -€93,801 | -98.5% |
| Profit (loss) for the period | 9904 | €287,773 | -€175,564 | -€463,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €287,773 | -€175,564 | -€463,337 |
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 16 October 2026 via checked.be.