S.D.P.: 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.P.
Largest movements
- Tangible fixed assets -€2,905
down €2,905 (-10.9%), from €26,656 to €23,751
- Cash -€1,121
down €1,121 (-15.3%), from €7,319 to €6,198
mainly Accrued charges and deferred income (-€5,420) and Trade debts (-€4,434)
- Accrued charges and deferred income -€5,420
down €5,420 (-31.1%), from €17,420 to €12,000
- Trade debts -€4,434
no longer reported in 2024 (was €4,434)
- Other debts +€3,045
up €3,045 (+1,262%), from €241 to €3,286
- Profit (loss) carried forward +€2,541
up €2,541, from -€1,198 to €1,343
- Gross operating margin +€35,350
up €35,350 (+291%), from €12,160 to €47,510
- Other operating charges +€18,073
up €18,073 (+78.5%), from €23,033 to €41,107
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,644 | €36,376 | -€4,268 | -10.5% |
| Fixed assets | 21/28 | €32,980 | €30,075 | -€2,905 | -8.8% |
| Tangible fixed assets | 22/27 | €26,656 | €23,751 | -€2,905 | -10.9% |
| Other tangible fixed assets | 26 | €26,656 | €23,751 | -€2,905 | -10.9% |
| Financial fixed assets | 28 | €6,324 | €6,324 | = | 0.0% |
| Current assets | 29/58 | €7,664 | €6,302 | -€1,363 | -17.8% |
| Amounts receivable within one year | 40/41 | €2 | - | -€2 | |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €7,319 | €6,198 | -€1,121 | -15.3% |
| Deferred charges and accrued income | 490/1 | €344 | €104 | -€240 | -69.9% |
| Total equity and liabilities | 10/49 | €40,644 | €36,376 | -€4,268 | -10.5% |
| Equity | 10/15 | €18,549 | €21,090 | +€2,541 | +13.7% |
| Contributions | 10/11 | €19,747 | €19,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,198 | €1,343 | +€2,541 | |
| Amounts payable | 17/49 | €22,095 | €15,286 | -€6,809 | -30.8% |
| Amounts payable within one year | 42/48 | €4,675 | €3,286 | -€1,389 | -29.7% |
| Trade debts | 44 | €4,434 | - | -€4,434 | |
| Suppliers | 440/4 | €4,434 | - | -€4,434 | |
| Other amounts payable | 47/48 | €241 | €3,286 | +€3,045 | +1,262% |
| Accrued charges and deferred income | 492/3 | €17,420 | €12,000 | -€5,420 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,905 | €2,905 | = | 0.0% |
| Other operating charges | 640/8 | €23,033 | €41,107 | +€18,073 | +78.5% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | €12,160 | €47,510 | +€35,350 | +291% |
| Operating profit (loss) | 9901 | -€13,778 | €2,898 | +€16,676 | |
| Financial charges | 65/66B | €2 | €357 | +€356 | +20,085% |
| Recurring financial charges | 65 | €2 | €357 | +€356 | +20,085% |
| Profit (loss) for the period before taxes | 9903 | -€13,780 | €2,541 | +€16,321 | |
| Profit (loss) for the period | 9904 | -€13,780 | €2,541 | +€16,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,780 | €2,541 | +€16,321 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.