SBG Group: 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.
SBG Group
Largest movements
- Receivables within one year +€33,108
up €33,108 (+49.6%), from €66,701 to €99,809
of which Trade receivables: +€33,017
- Cash +€19,295
up €19,295 (+288%), from €6,699 to €25,994
mainly Trade debts (+€32,015) and Net result for the year (+€17,852)
- Trade debts +€32,015
up €32,015 (+89.0%), from €35,970 to €67,985
- Reserves +€17,852
up €17,852 (+165%), from €10,807 to €28,659
- Other debts +€1,449
up €1,449 (+37.7%), from €3,845 to €5,294
- Gross operating margin -€4,509
down €4,509 (-15.1%), from €29,797 to €25,289
- Taxes +€2,197
up €2,197 (+48.8%), from €4,498 to €6,695
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.
Derived cash bridge
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 | €73,400 | €125,803 | +€52,403 | +71.4% |
| Current assets | 29/58 | €73,400 | €125,803 | +€52,403 | +71.4% |
| Amounts receivable within one year | 40/41 | €66,701 | €99,809 | +€33,108 | +49.6% |
| Trade receivables | 40 | €66,701 | €99,718 | +€33,017 | +49.5% |
| Other amounts receivable | 41 | - | €91 | +€91 | |
| Cash at bank and in hand | 54/58 | €6,699 | €25,994 | +€19,295 | +288% |
| Total equity and liabilities | 10/49 | €73,400 | €125,803 | +€52,403 | +71.4% |
| Equity | 10/15 | €12,307 | €30,159 | +€17,852 | +145% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €10,807 | €28,659 | +€17,852 | +165% |
| Distributable reserves | 133 | €10,807 | €28,659 | +€17,852 | +165% |
| Amounts payable | 17/49 | €61,093 | €95,644 | +€34,551 | +56.6% |
| Amounts payable within one year | 42/48 | €61,093 | €95,644 | +€34,551 | +56.6% |
| Current portion of amounts payable after more than one year | 42 | €8,800 | €8,800 | = | 0.0% |
| Trade debts | 44 | €35,970 | €67,985 | +€32,015 | +89.0% |
| Suppliers | 440/4 | €35,970 | €67,985 | +€32,015 | +89.0% |
| Taxes, remuneration and social security | 45 | €12,478 | €13,566 | +€1,087 | +8.7% |
| Taxes | 450/3 | €12,478 | €13,566 | +€1,087 | +8.7% |
| Other amounts payable | 47/48 | €3,845 | €5,294 | +€1,449 | +37.7% |
| Other operating charges | 640/8 | €695 | €614 | -€81 | -11.6% |
| Gross operating margin | 9900 | €29,797 | €25,289 | -€4,509 | -15.1% |
| Operating profit (loss) | 9901 | €29,102 | €24,674 | -€4,428 | -15.2% |
| Financial charges | 65/66B | €214 | €128 | -€87 | -40.5% |
| Recurring financial charges | 65 | €214 | €128 | -€87 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €28,888 | €24,547 | -€4,341 | -15.0% |
| Income taxes | 67/77 | €4,498 | €6,695 | +€2,197 | +48.8% |
| Profit (loss) for the period | 9904 | €24,390 | €17,852 | -€6,538 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,390 | €17,852 | -€6,538 | -26.8% |
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 18 October 2026 via checked.be.