SBDK Consulting: 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.
SBDK Consulting
Largest movements
- Receivables within one year +€9,336
up €9,336 (+66.2%), from €14,105 to €23,441
of which Trade receivables: +€8,780
- Tangible fixed assets +€6,201
up €6,201 (+382%), from €1,622 to €7,823
of which Other tangible fixed assets: +€5,920
- Cash +€3,097
up €3,097 (+3.4%), from €91,008 to €94,105
mainly Other debts (+€89,166) and Net result for the year (+€45,881)
- Other debts +€89,166
up €89,166 (+24,050%), from €371 to €89,537
- Reserves -€71,647
down €71,647 (-81.6%), from €87,778 to €16,131
- Gross operating margin -€1,226
down €1,226 (-2.0%), from €62,122 to €60,896
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 | €108,367 | €126,936 | +€18,570 | +17.1% |
| Fixed assets | 21/28 | €1,772 | €7,973 | +€6,201 | +350% |
| Tangible fixed assets | 22/27 | €1,622 | €7,823 | +€6,201 | +382% |
| Plant, machinery and equipment | 23 | €382 | €662 | +€281 | +73.5% |
| Other tangible fixed assets | 26 | €1,241 | €7,161 | +€5,920 | +477% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €106,594 | €118,963 | +€12,369 | +11.6% |
| Amounts receivable within one year | 40/41 | €14,105 | €23,441 | +€9,336 | +66.2% |
| Trade receivables | 40 | €14,105 | €22,885 | +€8,780 | +62.3% |
| Other amounts receivable | 41 | €0 | €556 | +€556 | |
| Cash at bank and in hand | 54/58 | €91,008 | €94,105 | +€3,097 | +3.4% |
| Deferred charges and accrued income | 490/1 | €1,482 | €1,417 | -€65 | -4.4% |
| Total equity and liabilities | 10/49 | €108,367 | €126,936 | +€18,570 | +17.1% |
| Equity | 10/15 | €90,278 | €18,631 | -€71,647 | -79.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,778 | €16,131 | -€71,647 | -81.6% |
| Distributable reserves | 133 | €87,778 | €16,131 | -€71,647 | -81.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,089 | €108,305 | +€90,216 | +499% |
| Amounts payable within one year | 42/48 | €18,089 | €108,305 | +€90,216 | +499% |
| Financial debts | 43 | €304 | €285 | -€19 | -6.3% |
| Credit institutions | 430/8 | €304 | €285 | -€19 | -6.3% |
| Trade debts | 44 | €1,171 | €1,263 | +€92 | +7.9% |
| Suppliers | 440/4 | €1,171 | €1,263 | +€92 | +7.9% |
| Taxes, remuneration and social security | 45 | €16,243 | €17,220 | +€977 | +6.0% |
| Taxes | 450/3 | €16,243 | €17,220 | +€977 | +6.0% |
| Other amounts payable | 47/48 | €371 | €89,537 | +€89,166 | +24,050% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,239 | €1,178 | -€60 | -4.9% |
| Other operating charges | 640/8 | €810 | €1,212 | +€402 | +49.6% |
| Gross operating margin | 9900 | €62,122 | €60,896 | -€1,226 | -2.0% |
| Operating profit (loss) | 9901 | €60,073 | €58,506 | -€1,567 | -2.6% |
| Financial income | 75/76B | €61 | €4 | -€57 | -93.8% |
| Recurring financial income | 75 | €61 | €4 | -€57 | -93.8% |
| Financial charges | 65/66B | €860 | €700 | -€159 | -18.5% |
| Recurring financial charges | 65 | €860 | €700 | -€159 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €59,274 | €57,810 | -€1,465 | -2.5% |
| Income taxes | 67/77 | €12,278 | €11,928 | -€350 | -2.8% |
| Profit (loss) for the period | 9904 | €46,996 | €45,881 | -€1,115 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,996 | €45,881 | -€1,115 | -2.4% |
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 20 October 2026 via checked.be.