SB Creations: 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 Creations
Largest movements
- Cash +€41,815
up €41,815 (+46.4%), from €90,122 to €131,937
mainly Net result for the year (+€129,980) and Other debts (+€102,713)
- Tangible fixed assets +€22,546
up €22,546 (+49.7%), from €45,406 to €67,953
of which Furniture and vehicles: +€22,343
- Intangible fixed assets -€14,000
down €14,000 (-11.1%), from €126,000 to €112,000
- Receivables within one year -€6,378
down €6,378 (-95.4%), from €6,689 to €311
of which Other amounts receivable: -€5,508
- Deferred charges and accrued income +€4,425
up €4,425 (+653%), from €678 to €5,103
- Other debts +€102,713
up €102,713 (+171%), from €60,000 to €162,713
- Profit (loss) carried forward -€51,361
down €51,361 (-100%), from €51,361 to €0
- Debts after one year -€20,285
down €20,285 (-17.8%), from €113,666 to €93,381
- Tax, wage and social debts +€10,820
up €10,820 (+148%), from €7,314 to €18,134
of which Taxes: +€10,766
- Reserves +€10,553
up €10,553, from €0 to €10,553
- Gross operating margin +€37,577
up €37,577 (+18.7%), from €200,750 to €238,327
- Taxes +€10,992
up €10,992 (+40.3%), from €27,266 to €38,258
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 | €271,622 | €322,203 | +€50,581 | +18.6% |
| Fixed assets | 21/28 | €171,406 | €179,952 | +€8,546 | +5.0% |
| Intangible fixed assets | 21 | €126,000 | €112,000 | -€14,000 | -11.1% |
| Tangible fixed assets | 22/27 | €45,406 | €67,953 | +€22,546 | +49.7% |
| Plant, machinery and equipment | 23 | €45,406 | €40,239 | -€5,168 | -11.4% |
| Furniture and vehicles | 24 | - | €22,343 | +€22,343 | |
| Other tangible fixed assets | 26 | - | €5,371 | +€5,371 | |
| Current assets | 29/58 | €100,216 | €142,251 | +€42,035 | +41.9% |
| Stocks and contracts in progress | 3 | €2,728 | €4,900 | +€2,173 | +79.6% |
| Stocks | 30/36 | €2,728 | €4,900 | +€2,173 | +79.6% |
| Amounts receivable within one year | 40/41 | €6,689 | €311 | -€6,378 | -95.4% |
| Trade receivables | 40 | €1,181 | €311 | -€870 | -73.7% |
| Other amounts receivable | 41 | €5,508 | €0 | -€5,508 | -100% |
| Cash at bank and in hand | 54/58 | €90,122 | €131,937 | +€41,815 | +46.4% |
| Deferred charges and accrued income | 490/1 | €678 | €5,103 | +€4,425 | +653% |
| Total equity and liabilities | 10/49 | €271,622 | €322,203 | +€50,581 | +18.6% |
| Equity | 10/15 | €57,561 | €16,753 | -€40,808 | -70.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | €10,553 | +€10,553 | |
| Distributable reserves | 133 | €0 | €10,553 | +€10,553 | |
| Profit (loss) carried forward | 14 | €51,361 | €0 | -€51,361 | -100% |
| Amounts payable | 17/49 | €214,061 | €305,450 | +€91,390 | +42.7% |
| Amounts payable after more than one year | 17 | €113,666 | €93,381 | -€20,285 | -17.8% |
| Financial debts | 170/4 | €113,666 | €93,381 | -€20,285 | -17.8% |
| Amounts payable within one year | 42/48 | €100,153 | €212,070 | +€111,917 | +112% |
| Current portion of amounts payable after more than one year | 42 | €20,935 | €21,933 | +€999 | +4.8% |
| Trade debts | 44 | €10,475 | €9,289 | -€1,186 | -11.3% |
| Suppliers | 440/4 | €10,475 | €9,289 | -€1,186 | -11.3% |
| Advances received on contracts in progress | 46 | €1,429 | €0 | -€1,429 | -100% |
| Taxes, remuneration and social security | 45 | €7,314 | €18,134 | +€10,820 | +148% |
| Taxes | 450/3 | €4,902 | €15,667 | +€10,766 | +220% |
| Remuneration and social security | 454/9 | €2,413 | €2,467 | +€54 | +2.3% |
| Other amounts payable | 47/48 | €60,000 | €162,713 | +€102,713 | +171% |
| Accrued charges and deferred income | 492/3 | €242 | €0 | -€242 | -100% |
| Remuneration, social security and pensions | 62 | €39,512 | €38,137 | -€1,374 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,114 | €21,465 | +€2,351 | +12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,923 | €1,690 | -€1,233 | -42.2% |
| Gross operating margin | 9900 | €200,750 | €238,327 | +€37,577 | +18.7% |
| Operating profit (loss) | 9901 | €139,202 | €177,035 | +€37,833 | +27.2% |
| Financial income | 75/76B | €864 | €506 | -€357 | -41.4% |
| Recurring financial income | 75 | €864 | €506 | -€357 | -41.4% |
| Financial charges | 65/66B | €9,367 | €9,303 | -€64 | -0.7% |
| Recurring financial charges | 65 | €9,367 | €9,303 | -€64 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €130,699 | €168,238 | +€37,539 | +28.7% |
| Income taxes | 67/77 | €27,266 | €38,258 | +€10,992 | +40.3% |
| Profit (loss) for the period | 9904 | €103,433 | €129,980 | +€26,547 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,433 | €129,980 | +€26,547 | +25.7% |
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 24 October 2026 via checked.be.