S.D. Life: 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.D. Life
Largest movements
- Cash -€20,207
down €20,207 (-84.9%), from €23,804 to €3,597
mainly Tax, wage and social debts (-€23,364) and Trade debts (-€11,533)
- Tangible fixed assets -€11,198
down €11,198 (-74.0%), from €15,141 to €3,943
of which Furniture and vehicles: -€12,620
- Tax, wage and social debts -€23,364
down €23,364 (-94.8%), from €24,646 to €1,282
of which Taxes: -€20,804
- Trade debts -€11,533
down €11,533 (-80.1%), from €14,405 to €2,872
- Debts after one year -€8,075
down €8,075 (-56.5%), from €14,283 to €6,208
- Current portion of long-term debt +€5,426
up €5,426 (+69.1%), from €7,849 to €13,275
- Profit (loss) carried forward +€5,198
new in 2025: €5,198
- Financial charges +€44,885
up €44,885 (+3,552%), from €1,264 to €46,149
- Taxes -€8,264
down €8,264 (-61.0%), from €13,554 to €5,290
- Gross operating margin +€1,990
up €1,990 (+2.9%), from €68,832 to €70,822
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 | €78,624 | €46,276 | -€32,348 | -41.1% |
| Fixed assets | 21/28 | €15,141 | €3,943 | -€11,198 | -74.0% |
| Tangible fixed assets | 22/27 | €15,141 | €3,943 | -€11,198 | -74.0% |
| Plant, machinery and equipment | 23 | €808 | €2,397 | +€1,589 | +197% |
| Furniture and vehicles | 24 | €12,967 | €347 | -€12,620 | -97.3% |
| Other tangible fixed assets | 26 | €1,366 | €1,199 | -€167 | -12.3% |
| Current assets | 29/58 | €63,483 | €42,334 | -€21,149 | -33.3% |
| Stocks and contracts in progress | 3 | €5,254 | €4,797 | -€457 | -8.7% |
| Stocks | 30/36 | €5,254 | €4,797 | -€457 | -8.7% |
| Amounts receivable within one year | 40/41 | €9,831 | €9,731 | -€100 | -1.0% |
| Other amounts receivable | 41 | €9,831 | €9,731 | -€100 | -1.0% |
| Cash at bank and in hand | 54/58 | €23,804 | €3,597 | -€20,207 | -84.9% |
| Deferred charges and accrued income | 490/1 | €24,594 | €24,209 | -€385 | -1.6% |
| Total equity and liabilities | 10/49 | €78,624 | €46,276 | -€32,348 | -41.1% |
| Equity | 10/15 | €17,441 | €22,640 | +€5,198 | +29.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,441 | €12,441 | = | 0.0% |
| Distributable reserves | 133 | €12,441 | €12,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €5,198 | +€5,198 | |
| Amounts payable | 17/49 | €61,183 | €23,637 | -€37,546 | -61.4% |
| Amounts payable after more than one year | 17 | €14,283 | €6,208 | -€8,075 | -56.5% |
| Financial debts | 170/4 | €14,283 | €6,208 | -€8,075 | -56.5% |
| Amounts payable within one year | 42/48 | €46,900 | €17,429 | -€29,471 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €7,849 | €13,275 | +€5,426 | +69.1% |
| Trade debts | 44 | €14,405 | €2,872 | -€11,533 | -80.1% |
| Suppliers | 440/4 | €14,405 | €2,872 | -€11,533 | -80.1% |
| Taxes, remuneration and social security | 45 | €24,646 | €1,282 | -€23,364 | -94.8% |
| Taxes | 450/3 | €22,085 | €1,282 | -€20,804 | -94.2% |
| Remuneration and social security | 454/9 | €2,560 | - | -€2,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,244 | €13,490 | +€246 | +1.9% |
| Other operating charges | 640/8 | €869 | €695 | -€174 | -20.0% |
| Gross operating margin | 9900 | €68,832 | €70,822 | +€1,990 | +2.9% |
| Operating profit (loss) | 9901 | €54,719 | €56,638 | +€1,919 | +3.5% |
| Financial charges | 65/66B | €1,264 | €46,149 | +€44,885 | +3,552% |
| Recurring financial charges | 65 | €1,264 | €46,149 | +€44,885 | +3,552% |
| Profit (loss) for the period before taxes | 9903 | €53,455 | €10,489 | -€42,967 | -80.4% |
| Income taxes | 67/77 | €13,554 | €5,290 | -€8,264 | -61.0% |
| Profit (loss) for the period | 9904 | €39,901 | €5,198 | -€34,703 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,901 | €5,198 | -€34,703 | -87.0% |
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 17 October 2026 via checked.be.