SB WELDING POOL: 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 WELDING POOL
Largest movements
- Cash -€6,273
down €6,273 (-19.2%), from €32,602 to €26,330
mainly Investment in fixed assets (net) (-€7,629) and Net result for the year (-€6,962)
- Tangible fixed assets +€5,933
new in 2025: €5,933
- Receivables within one year +€2,462
up €2,462 (+44.6%), from €5,515 to €7,976
- Financial fixed assets +€1,019
new in 2025: €1,019
- Profit (loss) carried forward -€6,962
down €6,962 (-33.2%), from €20,996 to €14,035
- Trade debts +€5,120
up €5,120 (+357%), from €1,435 to €6,555
- Tax, wage and social debts +€4,981
up €4,981 (+39.1%), from €12,749 to €17,731
of which Remuneration and social security: +€3,649
- Gross operating margin -€20,963
down €20,963 (-74.0%), from €28,342 to €7,378
- Other operating charges +€5,935
up €5,935 (+4,678%), from €127 to €6,061
- Taxes -€5,155
down €5,155 (-97.4%), from €5,295 to €140
- Staff costs +€4,514
up €4,514 (+2,396%), from €188 to €4,702
- Financial charges +€1,170
up €1,170 (+64.0%), from €1,829 to €2,999
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 | €38,181 | €41,321 | +€3,140 | +8.2% |
| Fixed assets | 21/28 | - | €6,951 | +€6,951 | |
| Tangible fixed assets | 22/27 | - | €5,933 | +€5,933 | |
| Plant, machinery and equipment | 23 | - | €5,933 | +€5,933 | |
| Financial fixed assets | 28 | - | €1,019 | +€1,019 | |
| Current assets | 29/58 | €38,181 | €34,369 | -€3,811 | -10.0% |
| Amounts receivable within one year | 40/41 | €5,515 | €7,976 | +€2,462 | +44.6% |
| Other amounts receivable | 41 | €5,515 | €7,976 | +€2,462 | +44.6% |
| Cash at bank and in hand | 54/58 | €32,602 | €26,330 | -€6,273 | -19.2% |
| Deferred charges and accrued income | 490/1 | €64 | €64 | = | 0.0% |
| Total equity and liabilities | 10/49 | €38,181 | €41,321 | +€3,140 | +8.2% |
| Equity | 10/15 | €23,996 | €17,035 | -€6,962 | -29.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,996 | €14,035 | -€6,962 | -33.2% |
| Amounts payable | 17/49 | €14,184 | €24,286 | +€10,101 | +71.2% |
| Amounts payable within one year | 42/48 | €14,184 | €24,286 | +€10,101 | +71.2% |
| Trade debts | 44 | €1,435 | €6,555 | +€5,120 | +357% |
| Suppliers | 440/4 | €1,435 | €6,555 | +€5,120 | +357% |
| Taxes, remuneration and social security | 45 | €12,749 | €17,731 | +€4,981 | +39.1% |
| Taxes | 450/3 | €12,749 | €14,081 | +€1,332 | +10.4% |
| Remuneration and social security | 454/9 | - | €3,649 | +€3,649 | |
| Remuneration, social security and pensions | 62 | €188 | €4,702 | +€4,514 | +2,396% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €678 | +€678 | |
| Other operating charges | 640/8 | €127 | €6,061 | +€5,935 | +4,678% |
| Gross operating margin | 9900 | €28,342 | €7,378 | -€20,963 | -74.0% |
| Operating profit (loss) | 9901 | €28,026 | -€4,063 | -€32,090 | |
| Financial income | 75/76B | €94 | €241 | +€147 | +157% |
| Recurring financial income | 75 | €94 | €241 | +€147 | +157% |
| Financial charges | 65/66B | €1,829 | €2,999 | +€1,170 | +64.0% |
| Recurring financial charges | 65 | €1,829 | €2,999 | +€1,170 | +64.0% |
| Profit (loss) for the period before taxes | 9903 | €26,291 | -€6,822 | -€33,113 | |
| Income taxes | 67/77 | €5,295 | €140 | -€5,155 | -97.4% |
| Profit (loss) for the period | 9904 | €20,996 | -€6,962 | -€27,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,996 | -€6,962 | -€27,958 |
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 13 October 2026 via checked.be.