SB DATA: what changed
Two fiscal 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 DATA
Largest movements
- Cash +€150,377
up €150,377 (+148.7%), from €101,156 to €251,533
mainly Net result for the year (+€116,120) and Receivables within one year (+€45,225)
- Receivables within one year -€45,225
down €45,225 (-24.4%), from €185,163 to €139,938
of which Other amounts receivable: -€39,104
- Profit (loss) carried forward +€116,120
up €116,120 (+1309.9%), from €8,865 to €124,985
- Tax, wage and social debts -€12,967
down €12,967 (-20.2%), from €64,092 to €51,125
- Gross operating margin +€3,547
up €3,547 (+2.4%), from €150,468 to €154,015
- Taxes -€1,840
down €1,840 (-4.7%), from €38,890 to €37,050
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.
Cash bridge derived
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 | €287,423 | €391,963 | +€104,540 | +36.4% |
| Fixed assets | 21/28 | €1,104 | €492 | -€612 | -55.4% |
| Tangible fixed assets | 22/27 | €1,104 | €492 | -€612 | -55.4% |
| Furniture and vehicles | 24 | €1,104 | €492 | -€612 | -55.4% |
| Current assets | 29/58 | €286,319 | €391,471 | +€105,152 | +36.7% |
| Amounts receivable within one year | 40/41 | €185,163 | €139,938 | -€45,225 | -24.4% |
| Trade receivables | 40 | €16,382 | €10,261 | -€6,121 | -37.4% |
| Other amounts receivable | 41 | €168,781 | €129,677 | -€39,104 | -23.2% |
| Cash at bank and in hand | 54/58 | €101,156 | €251,533 | +€150,377 | +148.7% |
| Total equity and liabilities | 10/49 | €287,423 | €391,963 | +€104,540 | +36.4% |
| Equity | 10/15 | €222,015 | €338,135 | +€116,120 | +52.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €210,150 | €210,150 | = | 0.0% |
| Distributable reserves | 133 | €210,150 | €210,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,865 | €124,985 | +€116,120 | +1309.9% |
| Amounts payable | 17/49 | €65,408 | €53,828 | -€11,580 | -17.7% |
| Amounts payable within one year | 42/48 | €65,408 | €53,088 | -€12,320 | -18.8% |
| Trade debts | 44 | €1,316 | €1,963 | +€647 | +49.2% |
| Suppliers | 440/4 | €1,316 | €1,963 | +€647 | +49.2% |
| Taxes, remuneration and social security | 45 | €64,092 | €51,125 | -€12,967 | -20.2% |
| Taxes | 450/3 | €64,092 | €51,125 | -€12,967 | -20.2% |
| Accrued charges and deferred income | 492/3 | - | €740 | +€740 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €585 | €611 | +€26 | +4.4% |
| Gross operating margin | 9900 | €150,468 | €154,015 | +€3,547 | +2.4% |
| Operating profit (loss) | 9901 | €149,883 | €153,404 | +€3,521 | +2.3% |
| Financial charges | 65/66B | €212 | €234 | +€22 | +10.4% |
| Recurring financial charges | 65 | €212 | €234 | +€22 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €149,671 | €153,170 | +€3,499 | +2.3% |
| Income taxes | 67/77 | €38,890 | €37,050 | -€1,840 | -4.7% |
| Profit (loss) for the period | 9904 | €110,781 | €116,120 | +€5,339 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €110,781 | €116,120 | +€5,339 | +4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.