SB-SYSTEM: 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-SYSTEM
Largest movements
- Receivables within one year +€15,878
up €15,878 (+24.7%), from €64,308 to €80,186
of which Other amounts receivable: +€16,563
- Tangible fixed assets -€14,371
down €14,371 (-26.8%), from €53,603 to €39,232
of which Furniture and vehicles: -€14,216
- Debts after one year -€7,229
down €7,229 (-11.8%), from €61,473 to €54,244
- Tax, wage and social debts -€4,146
down €4,146 (-91.8%), from €4,516 to €370
of which Taxes: -€3,630
- Profit (loss) carried forward +€4,042
up €4,042 (+200.9%), from €2,012 to €6,054
- Current portion of long-term debt +€3,600
up €3,600 (+21.2%), from €17,019 to €20,619
- Trade debts +€3,255
up €3,255 (+28.5%), from €11,440 to €14,695
- Gross operating margin +€56,266
up €56,266 (+803800.0%), from €7 to €56,273
- Staff costs +€18,693
up €18,693 (+406.9%), from €4,594 to €23,287
- Other operating charges +€2,172
up €2,172 (+32.1%), from €6,763 to €8,935
- Depreciation +€1,158
up €1,158 (+9.0%), from €12,852 to €14,010
- Financial charges +€622
up €622 (+11.8%), from €5,280 to €5,902
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 | €123,353 | €122,856 | -€497 | -0.4% |
| Fixed assets | 21/28 | €53,966 | €39,655 | -€14,311 | -26.5% |
| Tangible fixed assets | 22/27 | €53,603 | €39,232 | -€14,371 | -26.8% |
| Plant, machinery and equipment | 23 | €7,683 | €4,743 | -€2,940 | -38.3% |
| Furniture and vehicles | 24 | €35,860 | €21,644 | -€14,216 | -39.6% |
| Other tangible fixed assets | 26 | €10,060 | €12,845 | +€2,785 | +27.7% |
| Financial fixed assets | 28 | €363 | €423 | +€60 | +16.5% |
| Current assets | 29/58 | €69,387 | €83,201 | +€13,814 | +19.9% |
| Amounts receivable within one year | 40/41 | €64,308 | €80,186 | +€15,878 | +24.7% |
| Trade receivables | 40 | €10,028 | €9,343 | -€685 | -6.8% |
| Other amounts receivable | 41 | €54,280 | €70,843 | +€16,563 | +30.5% |
| Cash at bank and in hand | 54/58 | €1,687 | €535 | -€1,152 | -68.3% |
| Deferred charges and accrued income | 490/1 | €3,392 | €2,480 | -€912 | -26.9% |
| Total equity and liabilities | 10/49 | €123,353 | €122,856 | -€497 | -0.4% |
| Equity | 10/15 | €28,738 | €32,780 | +€4,042 | +14.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,726 | €23,726 | = | 0.0% |
| Distributable reserves | 133 | €23,726 | €23,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,012 | €6,054 | +€4,042 | +200.9% |
| Amounts payable | 17/49 | €94,615 | €90,076 | -€4,539 | -4.8% |
| Amounts payable after more than one year | 17 | €61,473 | €54,244 | -€7,229 | -11.8% |
| Financial debts | 170/4 | €61,473 | €54,244 | -€7,229 | -11.8% |
| Amounts payable within one year | 42/48 | €32,975 | €35,684 | +€2,709 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €17,019 | €20,619 | +€3,600 | +21.2% |
| Trade debts | 44 | €11,440 | €14,695 | +€3,255 | +28.5% |
| Suppliers | 440/4 | €11,440 | €14,695 | +€3,255 | +28.5% |
| Taxes, remuneration and social security | 45 | €4,516 | €370 | -€4,146 | -91.8% |
| Taxes | 450/3 | €4,000 | €370 | -€3,630 | -90.8% |
| Remuneration and social security | 454/9 | €516 | - | -€516 | |
| Accrued charges and deferred income | 492/3 | €167 | €148 | -€19 | -11.4% |
| Non-recurring operating income | 76A | - | €8,540 | +€8,540 | |
| Remuneration, social security and pensions | 62 | €4,594 | €23,287 | +€18,693 | +406.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,852 | €14,010 | +€1,158 | +9.0% |
| Other operating charges | 640/8 | €6,763 | €8,935 | +€2,172 | +32.1% |
| Non-recurring operating charges | 66A | €9,433 | - | -€9,433 | |
| Gross operating margin | 9900 | €7 | €56,273 | +€56,266 | +803800.0% |
| Operating profit (loss) | 9901 | -€33,635 | €10,041 | +€43,676 | |
| Financial income | 75/76B | €2 | €170 | +€168 | +8400.0% |
| Recurring financial income | 75 | €2 | €170 | +€168 | +8400.0% |
| Financial charges | 65/66B | €5,280 | €5,902 | +€622 | +11.8% |
| Recurring financial charges | 65 | €5,280 | €5,902 | +€622 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,913 | €4,309 | +€43,222 | |
| Income taxes | 67/77 | - | €267 | +€267 | |
| Profit (loss) for the period | 9904 | -€38,913 | €4,042 | +€42,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,913 | €4,042 | +€42,955 |
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 3 October 2026 via checked.be.