SB CREATION: 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 CREATION
Largest movements
- Cash +€54,905
up €54,905 (+2,873%), from €1,911 to €56,816
mainly Net result for the year (+€26,060) and Depreciation (+€14,773)
- Tangible fixed assets -€13,399
down €13,399 (-53.2%), from €25,194 to €11,794
- Receivables within one year -€6,366
down €6,366 (-30.2%), from €21,112 to €14,746
of which Trade receivables: -€6,366
- Profit (loss) carried forward +€26,060
up €26,060 (+26.8%), from -€97,099 to -€71,039
- Other debts +€8,036
up €8,036 (+5.4%), from €148,486 to €156,522
- Gross operating margin +€59,520
up €59,520, from -€12,130 to €47,389
- Write-downs +€5,000
new in 2025: €5,000
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 | €56,780 | €91,519 | +€34,739 | +61.2% |
| Fixed assets | 21/28 | €25,194 | €11,794 | -€13,399 | -53.2% |
| Tangible fixed assets | 22/27 | €25,194 | €11,794 | -€13,399 | -53.2% |
| Furniture and vehicles | 24 | €25,194 | €11,794 | -€13,399 | -53.2% |
| Current assets | 29/58 | €31,587 | €79,725 | +€48,138 | +152% |
| Stocks and contracts in progress | 3 | €7,560 | €7,560 | = | 0.0% |
| Stocks | 30/36 | €7,560 | €7,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,112 | €14,746 | -€6,366 | -30.2% |
| Trade receivables | 40 | €21,112 | €14,746 | -€6,366 | -30.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,911 | €56,816 | +€54,905 | +2,873% |
| Deferred charges and accrued income | 490/1 | €1,004 | €603 | -€401 | -40.0% |
| Total equity and liabilities | 10/49 | €56,780 | €91,519 | +€34,739 | +61.2% |
| Equity | 10/15 | -€95,099 | -€69,039 | +€26,060 | +27.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,099 | -€71,039 | +€26,060 | +26.8% |
| Amounts payable | 17/49 | €151,880 | €160,558 | +€8,679 | +5.7% |
| Amounts payable within one year | 42/48 | €151,880 | €160,558 | +€8,679 | +5.7% |
| Trade debts | 44 | €2,746 | €3,381 | +€635 | +23.1% |
| Suppliers | 440/4 | €2,746 | €3,381 | +€635 | +23.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €648 | €655 | +€8 | +1.2% |
| Taxes | 450/3 | €648 | €655 | +€8 | +1.2% |
| Other amounts payable | 47/48 | €148,486 | €156,522 | +€8,036 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,474 | €14,773 | +€299 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | €1,231 | €934 | -€297 | -24.1% |
| Gross operating margin | 9900 | -€12,130 | €47,389 | +€59,520 | |
| Operating profit (loss) | 9901 | -€27,835 | €26,683 | +€54,518 | |
| Financial income | 75/76B | €0 | €67 | +€67 | |
| Recurring financial income | 75 | €0 | €67 | +€67 | |
| Financial charges | 65/66B | €209 | €274 | +€65 | +31.3% |
| Recurring financial charges | 65 | €209 | €274 | +€65 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,044 | €26,476 | +€54,519 | |
| Income taxes | 67/77 | €337 | €415 | +€78 | +23.2% |
| Profit (loss) for the period | 9904 | -€28,381 | €26,060 | +€54,441 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,381 | €26,060 | +€54,441 |
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 1 November 2026 via checked.be.