S.D. SERVICES: 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. SERVICES
Largest movements
- Tangible fixed assets +€3,795
up €3,795 (+55.7%), from €6,814 to €10,609
of which Other tangible fixed assets: +€7,851
- Receivables within one year +€969
up €969 (+4.3%), from €22,393 to €23,362
of which Trade receivables: +€23,076
- Profit (loss) carried forward +€6,233
up €6,233 (+48.6%), from -€12,831 to -€6,598
- Debts after one year -€1,269
down €1,269 (-6.8%), from €18,713 to €17,444
- Debts within one year -€936
down €936 (-13.2%), from €7,067 to €6,131
- Reserves +€426
up €426 (+133.4%), from €319 to €745
- Turnover +€22,695
new in 2022: €22,695
- Purchases and services +€14,612
new in 2022: €14,612
- Gross operating margin -€1,634
down €1,634 (-16.8%), from €9,717 to €8,083
- Depreciation +€1,192
up €1,192 (+30.4%), from €3,923 to €5,115
- Taxes +€690
new in 2022: €690
From the 2020 result to the 2022 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,868 | €36,322 | +€4,454 | +14.0% |
| Fixed assets | 21/28 | €6,864 | €10,658 | +€3,794 | +55.3% |
| Tangible fixed assets | 22/27 | €6,814 | €10,609 | +€3,795 | +55.7% |
| Plant, machinery and equipment | 23 | - | €118 | +€118 | |
| Furniture and vehicles | 24 | - | €2,640 | +€2,640 | |
| Other tangible fixed assets | 26 | - | €7,851 | +€7,851 | |
| Financial fixed assets | 28 | €50 | €50 | -€0 | -0.8% |
| Current assets | 29/58 | €25,004 | €25,664 | +€660 | +2.6% |
| Stocks and contracts in progress | 3 | €2,301 | €2,301 | +€0 | 0.0% |
| Stocks | 30/36 | - | €2,301 | +€2,301 | |
| Amounts receivable within one year | 40/41 | €22,393 | €23,362 | +€969 | +4.3% |
| Trade receivables | 40 | - | €23,076 | +€23,076 | |
| Other amounts receivable | 41 | - | €286 | +€286 | |
| Cash at bank and in hand | 54/58 | €310 | - | -€310 | |
| Total equity and liabilities | 10/49 | €31,868 | €36,322 | +€4,454 | +14.0% |
| Equity | 10/15 | €6,088 | €12,747 | +€6,659 | +109.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319 | €745 | +€426 | +133.4% |
| Non-distributable reserves | 130/1 | - | €745 | +€745 | |
| Reserves not available under the articles | 1311 | - | €745 | +€745 | |
| Profit (loss) carried forward | 14 | -€12,831 | -€6,598 | +€6,233 | +48.6% |
| Amounts payable | 17/49 | €25,780 | €23,575 | -€2,205 | -8.6% |
| Amounts payable after more than one year | 17 | €18,713 | €17,444 | -€1,269 | -6.8% |
| Other amounts payable | 178/9 | - | €17,444 | +€17,444 | |
| Amounts payable within one year | 42/48 | €7,067 | €6,131 | -€936 | -13.2% |
| Financial debts | 43 | - | €3,507 | +€3,507 | |
| Credit institutions | 430/8 | - | €3,507 | +€3,507 | |
| Trade debts | 44 | €695 | €693 | -€2 | -0.2% |
| Suppliers | 440/4 | - | €693 | +€693 | |
| Taxes, remuneration and social security | 45 | - | €1,931 | +€1,931 | |
| Taxes | 450/3 | - | €1,931 | +€1,931 | |
| Turnover | 70 | - | €22,695 | +€22,695 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €14,612 | +€14,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,923 | €5,115 | +€1,192 | +30.4% |
| Gross operating margin | 9900 | €9,717 | €8,083 | -€1,634 | -16.8% |
| Operating profit (loss) | 9901 | €5,794 | €2,968 | -€2,826 | -48.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €410 | +€410 | |
| Recurring financial charges | 65 | €819 | €410 | -€409 | -50.0% |
| Non-recurring financial charges | 66B | - | €410 | +€410 | |
| Profit (loss) for the period before taxes | 9903 | €4,975 | €2,558 | -€2,417 | -48.6% |
| Income taxes | 67/77 | - | €690 | +€690 | |
| Profit (loss) for the period | 9904 | €4,975 | €1,868 | -€3,107 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,726 | €1,868 | -€2,858 | -60.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.