SB42: 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.
SB42
Largest movements
- Tangible fixed assets -€8,400
down €8,400 (-30.7%), from €27,386 to €18,986
- Receivables within one year +€4,913
up €4,913 (+64.1%), from €7,669 to €12,582
of which Trade receivables: +€6,561
- Cash -€2,950
down €2,950 (-89.9%), from €3,282 to €332
mainly Net result for the year (-€9,005) and Debts after one year (-€5,980)
- Profit (loss) carried forward -€9,005
down €9,005 (-86.5%), from -€10,413 to -€19,418
- Debts after one year -€5,980
down €5,980 (-30.3%), from €19,754 to €13,774
- Trade debts +€4,210
up €4,210 (+203.8%), from €2,066 to €6,276
- Other debts +€3,512
up €3,512 (+17.5%), from €20,049 to €23,560
- Tax, wage and social debts +€816
up €816 (+13.9%), from €5,853 to €6,669
- Taxes +€13,018
new in 2024: €13,018
- Gross operating margin +€6,800
up €6,800 (+94.4%), from €7,208 to €14,008
- Other operating charges +€398
up €398 (+59.2%), from €673 to €1,071
- Financial charges +€300
up €300 (+133.9%), from €224 to €523
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,288 | €44,799 | -€6,489 | -12.7% |
| Formation expenses | 20 | €799 | €799 | = | 0.0% |
| Fixed assets | 21/28 | €39,486 | €31,086 | -€8,400 | -21.3% |
| Tangible fixed assets | 22/27 | €27,386 | €18,986 | -€8,400 | -30.7% |
| Leasing and similar rights | 25 | €27,386 | €18,986 | -€8,400 | -30.7% |
| Financial fixed assets | 28 | €12,100 | €12,100 | = | 0.0% |
| Current assets | 29/58 | €11,003 | €12,914 | +€1,911 | +17.4% |
| Amounts receivable within one year | 40/41 | €7,669 | €12,582 | +€4,913 | +64.1% |
| Trade receivables | 40 | €6,021 | €12,582 | +€6,561 | +109.0% |
| Other amounts receivable | 41 | €1,648 | - | -€1,648 | |
| Cash at bank and in hand | 54/58 | €3,282 | €332 | -€2,950 | -89.9% |
| Deferred charges and accrued income | 490/1 | €51 | - | -€51 | |
| Total equity and liabilities | 10/49 | €51,288 | €44,799 | -€6,489 | -12.7% |
| Equity | 10/15 | -€2,413 | -€11,418 | -€9,005 | -373.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,413 | -€19,418 | -€9,005 | -86.5% |
| Amounts payable | 17/49 | €53,701 | €56,217 | +€2,516 | +4.7% |
| Amounts payable after more than one year | 17 | €19,754 | €13,774 | -€5,980 | -30.3% |
| Financial debts | 170/4 | €19,754 | €13,774 | -€5,980 | -30.3% |
| Amounts payable within one year | 42/48 | €33,947 | €42,443 | +€8,496 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €5,980 | €5,938 | -€42 | -0.7% |
| Trade debts | 44 | €2,066 | €6,276 | +€4,210 | +203.8% |
| Suppliers | 440/4 | €2,066 | €6,276 | +€4,210 | +203.8% |
| Taxes, remuneration and social security | 45 | €5,853 | €6,669 | +€816 | +13.9% |
| Taxes | 450/3 | €5,853 | €6,669 | +€816 | +13.9% |
| Other amounts payable | 47/48 | €20,049 | €23,560 | +€3,512 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,400 | €8,400 | = | 0.0% |
| Other operating charges | 640/8 | €673 | €1,071 | +€398 | +59.2% |
| Gross operating margin | 9900 | €7,208 | €14,008 | +€6,800 | +94.4% |
| Operating profit (loss) | 9901 | -€1,865 | €4,537 | +€6,402 | |
| Financial charges | 65/66B | €224 | €523 | +€300 | +133.9% |
| Recurring financial charges | 65 | €224 | €523 | +€300 | +133.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,089 | €4,013 | +€6,102 | |
| Income taxes | 67/77 | - | €13,018 | +€13,018 | |
| Profit (loss) for the period | 9904 | -€2,089 | -€9,005 | -€6,915 | -331.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,089 | -€9,005 | -€6,915 | -331.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.