SB DESIGN: 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 DESIGN
Largest movements
- Cash +€59,502
up €59,502 (+7.8%), from €763,309 to €822,811
mainly Net result for the year (+€62,243) and Tax, wage and social debts (+€5,085)
- Reserves +€62,000
up €62,000 (+7.0%), from €879,789 to €941,789
of which Distributable reserves: +€62,000
- Gross operating margin +€25,347
up €25,347 (+43.0%), from €58,980 to €84,327
- Taxes +€6,815
up €6,815 (+39.1%), from €17,412 to €24,227
- Financial income -€987
down €987 (-21.7%), from €4,540 to €3,553
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 | €1,174,165 | €1,241,072 | +€66,907 | +5.7% |
| Fixed assets | 21/28 | €91 | €91 | = | 0.0% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €1,174,074 | €1,240,981 | +€66,907 | +5.7% |
| Amounts receivable within one year | 40/41 | €379,100 | €387,010 | +€7,910 | +2.1% |
| Trade receivables | 40 | €33,801 | €34,400 | +€599 | +1.8% |
| Other amounts receivable | 41 | €345,299 | €352,610 | +€7,311 | +2.1% |
| Cash at bank and in hand | 54/58 | €763,309 | €822,811 | +€59,502 | +7.8% |
| Deferred charges and accrued income | 490/1 | €31,665 | €31,160 | -€505 | -1.6% |
| Total equity and liabilities | 10/49 | €1,174,165 | €1,241,072 | +€66,907 | +5.7% |
| Equity | 10/15 | €1,158,781 | €1,221,024 | +€62,243 | +5.4% |
| Contributions | 10/11 | €267,892 | €267,892 | = | 0.0% |
| Reserves | 13 | €879,789 | €941,789 | +€62,000 | +7.0% |
| Non-distributable reserves | 130/1 | €26,789 | €26,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,789 | €26,789 | = | 0.0% |
| Distributable reserves | 133 | €853,000 | €915,000 | +€62,000 | +7.3% |
| Profit (loss) carried forward | 14 | €11,100 | €11,343 | +€243 | +2.2% |
| Amounts payable | 17/49 | €15,383 | €20,047 | +€4,664 | +30.3% |
| Amounts payable within one year | 42/48 | €15,048 | €19,851 | +€4,802 | +31.9% |
| Trade debts | 44 | €364 | €81 | -€283 | -77.7% |
| Suppliers | 440/4 | €364 | €81 | -€283 | -77.7% |
| Taxes, remuneration and social security | 45 | €14,684 | €19,769 | +€5,085 | +34.6% |
| Taxes | 450/3 | €14,684 | €19,769 | +€5,085 | +34.6% |
| Accrued charges and deferred income | 492/3 | €335 | €197 | -€138 | -41.3% |
| Non-recurring operating income | 76A | €197 | - | -€197 | |
| Other operating charges | 640/8 | €1,269 | €1,139 | -€130 | -10.2% |
| Gross operating margin | 9900 | €58,980 | €84,327 | +€25,347 | +43.0% |
| Operating profit (loss) | 9901 | €57,711 | €83,188 | +€25,477 | +44.1% |
| Financial income | 75/76B | €4,540 | €3,553 | -€987 | -21.7% |
| Recurring financial income | 75 | €4,540 | €3,553 | -€987 | -21.7% |
| Financial charges | 65/66B | €154 | €271 | +€117 | +76.0% |
| Recurring financial charges | 65 | €154 | €271 | +€117 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €62,097 | €86,470 | +€24,372 | +39.2% |
| Income taxes | 67/77 | €17,412 | €24,227 | +€6,815 | +39.1% |
| Profit (loss) for the period | 9904 | €44,685 | €62,243 | +€17,558 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,685 | €62,243 | +€17,558 | +39.3% |
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 2 October 2026 via checked.be.