SB TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€20,388
down €20,388 (-91.4%), from €22,315 to €1,927
of which Trade receivables: -€18,162
- Cash +€10,014
up €10,014 (+29.6%), from €33,836 to €43,850
mainly Receivables within one year (+€20,388) and Net result for the year (+€11,701)
- Stocks and contracts +€2,404
up €2,404 (+19.9%), from €12,061 to €14,465
- Other debts -€18,555
down €18,555 (-92.8%), from €19,995 to €1,441
- Reserves +€11,701
up €11,701 (+17.3%), from €67,581 to €79,283
- Trade debts -€3,353
down €3,353 (-84.8%), from €3,955 to €602
- Tax, wage and social debts +€2,888
up €2,888 (+102.4%), from €2,821 to €5,709
- Gross operating margin +€14,517
up €14,517 (+222.2%), from €6,532 to €21,049
- Taxes +€3,981
up €3,981 (+336.4%), from €1,183 to €5,165
- Depreciation +€728
up €728 (+22.7%), from €3,211 to €3,939
- Financial income +€485
up €485 (+121.0%), from €401 to €886
- Financial charges +€286
up €286 (+75.5%), from €378 to €664
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 | €106,757 | €99,459 | -€7,299 | -6.8% |
| Fixed assets | 21/28 | €38,052 | €37,659 | -€393 | -1.0% |
| Tangible fixed assets | 22/27 | €38,052 | €37,659 | -€393 | -1.0% |
| Land and buildings | 22 | €35,590 | €32,839 | -€2,751 | -7.7% |
| Plant, machinery and equipment | 23 | €1,540 | €4,190 | +€2,650 | +172.1% |
| Other tangible fixed assets | 26 | €922 | €631 | -€292 | -31.6% |
| Current assets | 29/58 | €68,705 | €61,800 | -€6,906 | -10.1% |
| Stocks and contracts in progress | 3 | €12,061 | €14,465 | +€2,404 | +19.9% |
| Stocks | 30/36 | €12,061 | €14,465 | +€2,404 | +19.9% |
| Amounts receivable within one year | 40/41 | €22,315 | €1,927 | -€20,388 | -91.4% |
| Trade receivables | 40 | €20,090 | €1,927 | -€18,162 | -90.4% |
| Other amounts receivable | 41 | €2,225 | €0 | -€2,225 | -100.0% |
| Cash at bank and in hand | 54/58 | €33,836 | €43,850 | +€10,014 | +29.6% |
| Deferred charges and accrued income | 490/1 | €494 | €1,558 | +€1,063 | +215.1% |
| Total equity and liabilities | 10/49 | €106,757 | €99,459 | -€7,299 | -6.8% |
| Equity | 10/15 | €79,981 | €91,683 | +€11,701 | +14.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €67,581 | €79,283 | +€11,701 | +17.3% |
| Distributable reserves | 133 | €67,581 | €79,283 | +€11,701 | +17.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,776 | €7,776 | -€19,000 | -71.0% |
| Amounts payable within one year | 42/48 | €26,771 | €7,751 | -€19,020 | -71.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,955 | €602 | -€3,353 | -84.8% |
| Suppliers | 440/4 | €3,955 | €602 | -€3,353 | -84.8% |
| Taxes, remuneration and social security | 45 | €2,821 | €5,709 | +€2,888 | +102.4% |
| Taxes | 450/3 | €2,821 | €5,709 | +€2,888 | +102.4% |
| Other amounts payable | 47/48 | €19,995 | €1,441 | -€18,555 | -92.8% |
| Accrued charges and deferred income | 492/3 | €5 | €25 | +€20 | +423.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,211 | €3,939 | +€728 | +22.7% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €6,532 | €21,049 | +€14,517 | +222.2% |
| Operating profit (loss) | 9901 | €2,870 | €16,644 | +€13,774 | +479.9% |
| Financial income | 75/76B | €401 | €886 | +€485 | +121.0% |
| Recurring financial income | 75 | €401 | €886 | +€485 | +121.0% |
| Financial charges | 65/66B | €378 | €664 | +€286 | +75.5% |
| Recurring financial charges | 65 | €378 | €664 | +€286 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €2,893 | €16,866 | +€13,973 | +483.1% |
| Income taxes | 67/77 | €1,183 | €5,165 | +€3,981 | +336.4% |
| Profit (loss) for the period | 9904 | €1,709 | €11,701 | +€9,992 | +584.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,709 | €11,701 | +€9,992 | +584.6% |
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 10 October 2026 via checked.be.