SB CONCEPT HD: 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.
SB CONCEPT HD
Largest movements
- Cash -€33,221
down €33,221 (-30.6%), from €108,507 to €75,287
mainly Advances received (-€46,650) and Tax, wage and social debts (-€13,164)
- Receivables within one year -€5,866
down €5,866 (-9.4%), from €62,495 to €56,629
of which Trade receivables: -€14,240
- Stocks and contracts -€3,955
down €3,955 (-4.3%), from €91,876 to €87,921
- Tangible fixed assets -€3,701
down €3,701 (-82.7%), from €4,476 to €775
- Deferred charges and accrued income -€3,577
down €3,577 (-26.6%), from €13,440 to €9,863
- Advances received -€46,650
no longer reported in 2025 (was €46,650)
- Tax, wage and social debts -€13,164
down €13,164 (-70.8%), from €18,596 to €5,432
of which Taxes: -€9,164
- Profit (loss) carried forward +€5,915
up €5,915 (+4.3%), from €137,174 to €143,089
- Other debts +€4,919
up €4,919 (+7.0%), from €70,221 to €75,140
- Gross operating margin -€27,889
down €27,889 (-76.9%), from €36,279 to €8,390
- Other operating charges -€11,371
down €11,371 (-85.2%), from €13,345 to €1,974
- Taxes -€8,039
down €8,039, from €4,539 to -€3,500
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 | €280,794 | €230,474 | -€50,320 | -17.9% |
| Fixed assets | 21/28 | €4,476 | €775 | -€3,701 | -82.7% |
| Tangible fixed assets | 22/27 | €4,476 | €775 | -€3,701 | -82.7% |
| Furniture and vehicles | 24 | €4,476 | €775 | -€3,701 | -82.7% |
| Current assets | 29/58 | €276,319 | €229,700 | -€46,619 | -16.9% |
| Stocks and contracts in progress | 3 | €91,876 | €87,921 | -€3,955 | -4.3% |
| Stocks | 30/36 | €91,876 | €87,921 | -€3,955 | -4.3% |
| Amounts receivable within one year | 40/41 | €62,495 | €56,629 | -€5,866 | -9.4% |
| Trade receivables | 40 | €62,285 | €48,045 | -€14,240 | -22.9% |
| Other amounts receivable | 41 | €210 | €8,584 | +€8,374 | +3,988% |
| Cash at bank and in hand | 54/58 | €108,507 | €75,287 | -€33,221 | -30.6% |
| Deferred charges and accrued income | 490/1 | €13,440 | €9,863 | -€3,577 | -26.6% |
| Total equity and liabilities | 10/49 | €280,794 | €230,474 | -€50,320 | -17.9% |
| Equity | 10/15 | €142,174 | €148,089 | +€5,915 | +4.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,174 | €143,089 | +€5,915 | +4.3% |
| Amounts payable | 17/49 | €138,620 | €82,385 | -€56,234 | -40.6% |
| Amounts payable within one year | 42/48 | €138,620 | €82,385 | -€56,234 | -40.6% |
| Trade debts | 44 | €3,153 | €1,813 | -€1,339 | -42.5% |
| Suppliers | 440/4 | €3,153 | €1,813 | -€1,339 | -42.5% |
| Advances received on contracts in progress | 46 | €46,650 | - | -€46,650 | |
| Taxes, remuneration and social security | 45 | €18,596 | €5,432 | -€13,164 | -70.8% |
| Taxes | 450/3 | €10,596 | €1,432 | -€9,164 | -86.5% |
| Remuneration and social security | 454/9 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Other amounts payable | 47/48 | €70,221 | €75,140 | +€4,919 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,701 | €3,701 | = | 0.0% |
| Other operating charges | 640/8 | €13,345 | €1,974 | -€11,371 | -85.2% |
| Gross operating margin | 9900 | €36,279 | €8,390 | -€27,889 | -76.9% |
| Operating profit (loss) | 9901 | €19,233 | €2,716 | -€16,517 | -85.9% |
| Financial income | 75/76B | €3 | €80 | +€77 | +2,592% |
| Recurring financial income | 75 | €3 | €80 | +€77 | +2,592% |
| Financial charges | 65/66B | €329 | €381 | +€52 | +15.8% |
| Recurring financial charges | 65 | €329 | €381 | +€52 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €18,907 | €2,415 | -€16,493 | -87.2% |
| Income taxes | 67/77 | €4,539 | -€3,500 | -€8,039 | |
| Profit (loss) for the period | 9904 | €14,368 | €5,915 | -€8,454 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,368 | €5,915 | -€8,454 | -58.8% |
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.