SB Megasystems: 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 Megasystems
Largest movements
- Cash +€46,633
up €46,633 (+14.2%), from €328,703 to €375,336
mainly Net result for the year (+€68,976) and Other debts (+€68,639)
- Receivables within one year +€25,638
up €25,638 (+76.1%), from €33,698 to €59,336
of which Other amounts receivable: +€44,995
- Deferred charges and accrued income -€5,093
down €5,093 (-98.7%), from €5,161 to €68
- Other debts +€68,639
up €68,639 (+4,355%), from €1,576 to €70,215
- Gross operating margin -€4,876
down €4,876 (-4.6%), from €106,206 to €101,329
- Financial income +€1,705
new in 2025: €1,705
- Taxes -€1,106
down €1,106 (-3.3%), from €33,298 to €32,192
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 | €368,853 | €435,321 | +€66,468 | +18.0% |
| Fixed assets | 21/28 | €1,292 | €581 | -€711 | -55.0% |
| Tangible fixed assets | 22/27 | €1,292 | €581 | -€711 | -55.0% |
| Furniture and vehicles | 24 | €1,292 | €581 | -€711 | -55.0% |
| Current assets | 29/58 | €367,562 | €434,740 | +€67,178 | +18.3% |
| Amounts receivable within one year | 40/41 | €33,698 | €59,336 | +€25,638 | +76.1% |
| Trade receivables | 40 | €29,857 | €10,500 | -€19,357 | -64.8% |
| Other amounts receivable | 41 | €3,841 | €48,836 | +€44,995 | +1,171% |
| Cash at bank and in hand | 54/58 | €328,703 | €375,336 | +€46,633 | +14.2% |
| Deferred charges and accrued income | 490/1 | €5,161 | €68 | -€5,093 | -98.7% |
| Total equity and liabilities | 10/49 | €368,853 | €435,321 | +€66,468 | +18.0% |
| Equity | 10/15 | €352,117 | €350,879 | -€1,239 | -0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €339,717 | €338,479 | -€1,239 | -0.4% |
| Distributable reserves | 133 | €339,717 | €338,479 | -€1,239 | -0.4% |
| Amounts payable | 17/49 | €16,736 | €84,442 | +€67,706 | +405% |
| Amounts payable within one year | 42/48 | €15,921 | €83,625 | +€67,705 | +425% |
| Trade debts | 44 | €975 | €537 | -€437 | -44.9% |
| Suppliers | 440/4 | €975 | €537 | -€437 | -44.9% |
| Taxes, remuneration and social security | 45 | €13,370 | €12,873 | -€496 | -3.7% |
| Taxes | 450/3 | €13,370 | €12,873 | -€496 | -3.7% |
| Other amounts payable | 47/48 | €1,576 | €70,215 | +€68,639 | +4,355% |
| Accrued charges and deferred income | 492/3 | €816 | €817 | +€1 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €711 | +€218 | +44.2% |
| Other operating charges | 640/8 | €668 | €688 | +€20 | +2.9% |
| Gross operating margin | 9900 | €106,206 | €101,329 | -€4,876 | -4.6% |
| Operating profit (loss) | 9901 | €105,045 | €99,931 | -€5,114 | -4.9% |
| Financial income | 75/76B | - | €1,705 | +€1,705 | |
| Recurring financial income | 75 | - | €1,705 | +€1,705 | |
| Financial charges | 65/66B | €353 | €467 | +€115 | +32.5% |
| Recurring financial charges | 65 | €353 | €467 | +€115 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €104,692 | €101,169 | -€3,523 | -3.4% |
| Income taxes | 67/77 | €33,298 | €32,192 | -€1,106 | -3.3% |
| Profit (loss) for the period | 9904 | €71,394 | €68,976 | -€2,417 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,394 | €68,976 | -€2,417 | -3.4% |
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 19 October 2026 via checked.be.