SB Consulting: 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 Consulting
Largest movements
- Current investments +€26,407
up €26,407 (+18.5%), from €142,918 to €169,325
- Cash -€23,112
down €23,112 (-46.2%), from €50,054 to €26,942
mainly Other debts (-€44,692) and Current investments (-€26,407)
- Tangible fixed assets -€6,852
down €6,852 (-23.9%), from €28,633 to €21,781
of which Land and buildings: -€4,043
- Receivables within one year +€6,125
up €6,125 (+38.5%), from €15,906 to €22,031
of which Other amounts receivable: +€3,476
- Reserves +€48,502
up €48,502 (+28.4%), from €170,708 to €219,210
- Other debts -€44,692
down €44,692 (-91.3%), from €48,932 to €4,240
- Gross operating margin +€12,183
up €12,183 (+23.6%), from €51,711 to €63,894
- Purchases and services -€7,481
down €7,481 (-6.3%), from €117,946 to €110,465
- Taxes -€5,629
down €5,629 (-35.6%), from €15,801 to €10,172
- Turnover +€4,702
up €4,702 (+2.8%), from €167,707 to €172,409
- Financial income +€4,010
up €4,010 (+7,863%), from €51 to €4,061
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 | €237,511 | €240,079 | +€2,568 | +1.1% |
| Fixed assets | 21/28 | €28,633 | €21,781 | -€6,852 | -23.9% |
| Tangible fixed assets | 22/27 | €28,633 | €21,781 | -€6,852 | -23.9% |
| Land and buildings | 22 | €19,817 | €15,774 | -€4,043 | -20.4% |
| Furniture and vehicles | 24 | €8,816 | €6,007 | -€2,809 | -31.9% |
| Current assets | 29/58 | €208,878 | €218,298 | +€9,420 | +4.5% |
| Amounts receivable within one year | 40/41 | €15,906 | €22,031 | +€6,125 | +38.5% |
| Trade receivables | 40 | €14,878 | €17,527 | +€2,649 | +17.8% |
| Other amounts receivable | 41 | €1,028 | €4,504 | +€3,476 | +338% |
| Current investments | 50/53 | €142,918 | €169,325 | +€26,407 | +18.5% |
| Cash at bank and in hand | 54/58 | €50,054 | €26,942 | -€23,112 | -46.2% |
| Total equity and liabilities | 10/49 | €237,511 | €240,079 | +€2,568 | +1.1% |
| Equity | 10/15 | €183,287 | €231,610 | +€48,323 | +26.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,708 | €219,210 | +€48,502 | +28.4% |
| Distributable reserves | 133 | €170,708 | €219,210 | +€48,502 | +28.4% |
| Profit (loss) carried forward | 14 | €179 | - | -€179 | |
| Amounts payable | 17/49 | €54,224 | €8,469 | -€45,755 | -84.4% |
| Amounts payable within one year | 42/48 | €54,224 | €8,469 | -€45,755 | -84.4% |
| Taxes, remuneration and social security | 45 | €5,292 | €4,229 | -€1,063 | -20.1% |
| Taxes | 450/3 | €5,292 | €4,229 | -€1,063 | -20.1% |
| Other amounts payable | 47/48 | €48,932 | €4,240 | -€44,692 | -91.3% |
| Turnover | 70 | €167,707 | €172,409 | +€4,702 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €117,946 | €110,465 | -€7,481 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,520 | €7,950 | +€430 | +5.7% |
| Other operating charges | 640/8 | €1,570 | €1,407 | -€163 | -10.4% |
| Gross operating margin | 9900 | €51,711 | €63,894 | +€12,183 | +23.6% |
| Operating profit (loss) | 9901 | €42,621 | €54,537 | +€11,916 | +28.0% |
| Financial income | 75/76B | €51 | €4,061 | +€4,010 | +7,863% |
| Recurring financial income | 75 | €51 | €4,061 | +€4,010 | +7,863% |
| Financial charges | 65/66B | €79 | €103 | +€24 | +30.4% |
| Recurring financial charges | 65 | €79 | €103 | +€24 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €42,593 | €58,495 | +€15,902 | +37.3% |
| Income taxes | 67/77 | €15,801 | €10,172 | -€5,629 | -35.6% |
| Profit (loss) for the period | 9904 | €26,792 | €48,323 | +€21,531 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,792 | €48,323 | +€21,531 | +80.4% |
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 20 October 2026 via checked.be.