Skip to content

S&D SOLUTIONS: 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.

What changed

S&D SOLUTIONS

BE 0778.255.942
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€98
2023 · -€3,796+€3,698
Equity
-€13,807
2023 · -€13,709-€98
Cash
€14
2023 · €561-€546
Balance sheet total
€623
2023 · €1,169-€546

Largest movements

2023 to 2024
Assets
  • Cash -€546

    down €546 (-97.5%), from €561 to €14

    mainly Other debts (-€449) and Net result for the year (-€98)

Equity and liabilities
  • Other debts -€449

    down €449 (-3.0%), from €14,878 to €14,429

  • Profit (loss) carried forward -€98

    down €98 (-0.6%), from -€16,709 to -€16,807

Income statement
  • Staff costs -€4,204

    no longer reported in 2024 (was €4,204)

  • Gross operating margin -€706

    down €706, from €662 to -€44

  • Financial charges -€126

    down €126 (-70.1%), from €179 to €54

  • Other operating charges -€75

    no longer reported in 2024 (was €75)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€3,796
Gross operating margin -€706
Staff costs +€4,204
Other operating charges +€75
Financial charges +€126
Result 2024 -€98
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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.

From operations -€546
Investment €0
Financing €0
Cash 2023 €561
Net result for the year -€98
Other debts -€449
Cash 2024 €14
takes cash out
Every line side by side 21 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,169 €623 -€546 -46.7%
Current assets 29/58 €1,169 €623 -€546 -46.7%
Amounts receivable within one year 40/41 €608 €608 = 0.0%
Other amounts receivable 41 €608 €608 = 0.0%
Cash at bank and in hand 54/58 €561 €14 -€546 -97.5%
Total equity and liabilities 10/49 €1,169 €623 -€546 -46.7%
Equity 10/15 -€13,709 -€13,807 -€98 -0.7%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€16,709 -€16,807 -€98 -0.6%
Amounts payable 17/49 €14,878 €14,429 -€449 -3.0%
Amounts payable within one year 42/48 €14,878 €14,429 -€449 -3.0%
Other amounts payable 47/48 €14,878 €14,429 -€449 -3.0%
Remuneration, social security and pensions 62 €4,204 - -€4,204
Other operating charges 640/8 €75 - -€75
Gross operating margin 9900 €662 -€44 -€706
Operating profit (loss) 9901 -€3,617 -€44 +€3,573 +98.8%
Financial charges 65/66B €179 €54 -€126 -70.1%
Recurring financial charges 65 €179 €54 -€126 -70.1%
Profit (loss) for the period before taxes 9903 -€3,796 -€98 +€3,698 +97.4%
Profit (loss) for the period 9904 -€3,796 -€98 +€3,698 +97.4%
Profit (loss) for the period to be appropriated 9905 -€3,796 -€98 +€3,698 +97.4%

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 18 October 2026 via checked.be.