SBECKORD SERVICES: 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.
SBECKORD SERVICES
Largest movements
- Receivables within one year +€16,868
up €16,868 (+142%), from €11,873 to €28,741
of which Trade receivables: +€13,066
- Cash -€13,431
down €13,431 (-69.7%), from €19,260 to €5,830
mainly Receivables within one year (-€16,868) and Net result for the year (-€8,760)
- Tangible fixed assets -€4,244
down €4,244 (-12.8%), from €33,071 to €28,826
of which Furniture and vehicles: -€9,402
- Reserves -€8,760
down €8,760 (-22.5%), from €38,997 to €30,237
- Trade debts +€6,757
up €6,757 (+527%), from €1,283 to €8,040
- Debts after one year -€6,514
down €6,514 (-44.8%), from €14,524 to €8,010
- Tax, wage and social debts +€4,068
up €4,068 (+316%), from €1,287 to €5,355
- Other debts +€3,911
up €3,911 (+455%), from €859 to €4,770
- Gross operating margin -€26,199
down €26,199 (-84.6%), from €30,973 to €4,774
- Taxes -€5,658
no longer reported in 2025 (was €5,658)
- Other operating charges -€1,084
down €1,084 (-45.5%), from €2,385 to €1,301
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 | €65,105 | €64,730 | -€375 | -0.6% |
| Fixed assets | 21/28 | €33,071 | €28,826 | -€4,244 | -12.8% |
| Tangible fixed assets | 22/27 | €33,071 | €28,826 | -€4,244 | -12.8% |
| Plant, machinery and equipment | 23 | €2,258 | €7,415 | +€5,158 | +228% |
| Furniture and vehicles | 24 | €30,813 | €21,411 | -€9,402 | -30.5% |
| Current assets | 29/58 | €32,034 | €35,903 | +€3,869 | +12.1% |
| Amounts receivable within one year | 40/41 | €11,873 | €28,741 | +€16,868 | +142% |
| Trade receivables | 40 | €6,216 | €19,282 | +€13,066 | +210% |
| Other amounts receivable | 41 | €5,658 | €9,459 | +€3,801 | +67.2% |
| Cash at bank and in hand | 54/58 | €19,260 | €5,830 | -€13,431 | -69.7% |
| Deferred charges and accrued income | 490/1 | €901 | €1,333 | +€432 | +48.0% |
| Total equity and liabilities | 10/49 | €65,105 | €64,730 | -€375 | -0.6% |
| Equity | 10/15 | €39,997 | €31,237 | -€8,760 | -21.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,997 | €30,237 | -€8,760 | -22.5% |
| Distributable reserves | 133 | €38,997 | €30,237 | -€8,760 | -22.5% |
| Amounts payable | 17/49 | €25,108 | €33,493 | +€8,385 | +33.4% |
| Amounts payable after more than one year | 17 | €14,524 | €8,010 | -€6,514 | -44.8% |
| Financial debts | 170/4 | €14,524 | €8,010 | -€6,514 | -44.8% |
| Amounts payable within one year | 42/48 | €10,303 | €24,678 | +€14,375 | +140% |
| Current portion of amounts payable after more than one year | 42 | €6,205 | €6,514 | +€309 | +5.0% |
| Trade debts | 44 | €1,283 | €8,040 | +€6,757 | +527% |
| Suppliers | 440/4 | €1,283 | €8,040 | +€6,757 | +527% |
| Advances received on contracts in progress | 46 | €670 | - | -€670 | |
| Taxes, remuneration and social security | 45 | €1,287 | €5,355 | +€4,068 | +316% |
| Taxes | 450/3 | €1,287 | €5,355 | +€4,068 | +316% |
| Other amounts payable | 47/48 | €859 | €4,770 | +€3,911 | +455% |
| Accrued charges and deferred income | 492/3 | €281 | €804 | +€523 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,618 | €10,516 | -€102 | -1.0% |
| Other operating charges | 640/8 | €2,385 | €1,301 | -€1,084 | -45.5% |
| Non-recurring operating charges | 66A | - | €875 | +€875 | |
| Gross operating margin | 9900 | €30,973 | €4,774 | -€26,199 | -84.6% |
| Operating profit (loss) | 9901 | €17,970 | -€7,918 | -€25,888 | |
| Financial income | 75/76B | €75 | €150 | +€76 | +101% |
| Recurring financial income | 75 | €75 | €150 | +€76 | +101% |
| Financial charges | 65/66B | €1,217 | €992 | -€225 | -18.5% |
| Recurring financial charges | 65 | €1,217 | €992 | -€225 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €16,827 | -€8,760 | -€25,587 | |
| Income taxes | 67/77 | €5,658 | - | -€5,658 | |
| Profit (loss) for the period | 9904 | €11,169 | -€8,760 | -€19,929 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,169 | -€8,760 | -€19,929 |
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 19 October 2026 via checked.be.