SB TRANS: 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 TRANS
Largest movements
- Receivables within one year +€14,682
up €14,682 (+151.7%), from €9,676 to €24,358
of which Trade receivables: +€11,533
- Tangible fixed assets +€13,288
up €13,288 (+87.4%), from €15,207 to €28,494
- Cash +€8,192
up €8,192 (+51.9%), from €15,793 to €23,984
mainly Trade debts (+€26,926) and Net result for the year (+€23,517)
- Trade debts +€26,926
up €26,926 (+586.5%), from €4,591 to €31,517
- Profit (loss) carried forward +€23,517
up €23,517 (+231.1%), from €10,174 to €33,691
- Other debts -€13,393
down €13,393 (-57.2%), from €23,413 to €10,020
- Tax, wage and social debts -€889
down €889 (-33.0%), from €2,698 to €1,808
of which Taxes: -€919
- Gross operating margin +€31,408
up €31,408 (+179.3%), from €17,513 to €48,920
- Staff costs +€15,265
up €15,265 (+561.2%), from €2,720 to €17,985
- Financial income +€7,718
new in 2025: €7,718
of which Financial income: +€7,718
- Depreciation +€7,124
up €7,124 (+187.4%), from €3,802 to €10,925
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 | €40,875 | €77,037 | +€36,161 | +88.5% |
| Fixed assets | 21/28 | €15,407 | €28,694 | +€13,288 | +86.2% |
| Tangible fixed assets | 22/27 | €15,207 | €28,494 | +€13,288 | +87.4% |
| Furniture and vehicles | 24 | €15,207 | €28,494 | +€13,288 | +87.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €25,469 | €48,342 | +€22,874 | +89.8% |
| Amounts receivable within one year | 40/41 | €9,676 | €24,358 | +€14,682 | +151.7% |
| Trade receivables | 40 | €9,676 | €21,210 | +€11,533 | +119.2% |
| Other amounts receivable | 41 | - | €3,148 | +€3,148 | |
| Cash at bank and in hand | 54/58 | €15,793 | €23,984 | +€8,192 | +51.9% |
| Total equity and liabilities | 10/49 | €40,875 | €77,037 | +€36,161 | +88.5% |
| Equity | 10/15 | €10,174 | €33,691 | +€23,517 | +231.1% |
| Profit (loss) carried forward | 14 | €10,174 | €33,691 | +€23,517 | +231.1% |
| Amounts payable | 17/49 | €30,701 | €43,346 | +€12,645 | +41.2% |
| Amounts payable within one year | 42/48 | €30,701 | €43,346 | +€12,645 | +41.2% |
| Trade debts | 44 | €4,591 | €31,517 | +€26,926 | +586.5% |
| Suppliers | 440/4 | €4,591 | €31,517 | +€26,926 | +586.5% |
| Taxes, remuneration and social security | 45 | €2,698 | €1,808 | -€889 | -33.0% |
| Taxes | 450/3 | €984 | €65 | -€919 | -93.4% |
| Remuneration and social security | 454/9 | €1,713 | €1,743 | +€30 | +1.7% |
| Other amounts payable | 47/48 | €23,413 | €10,020 | -€13,393 | -57.2% |
| Remuneration, social security and pensions | 62 | €2,720 | €17,985 | +€15,265 | +561.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,802 | €10,925 | +€7,124 | +187.4% |
| Other operating charges | 640/8 | €815 | €694 | -€122 | -14.9% |
| Non-recurring operating charges | 66A | - | €3,512 | +€3,512 | |
| Gross operating margin | 9900 | €17,513 | €48,920 | +€31,408 | +179.3% |
| Operating profit (loss) | 9901 | €10,176 | €15,805 | +€5,629 | +55.3% |
| Financial income | 75/76B | - | €7,718 | +€7,718 | |
| Recurring financial income | 75 | - | €7,718 | +€7,718 | |
| Non-recurring financial income | 76B | - | €7,718 | +€7,718 | |
| Financial charges | 65/66B | €2 | €6 | +€5 | +300.0% |
| Recurring financial charges | 65 | €2 | €6 | +€5 | +300.0% |
| Profit (loss) for the period before taxes | 9903 | €10,174 | €23,517 | +€13,343 | +131.1% |
| Profit (loss) for the period | 9904 | €10,174 | €23,517 | +€13,343 | +131.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,174 | €23,517 | +€13,343 | +131.1% |
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 4 October 2026 via checked.be.