SBK - TRANS: 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.
SBK - TRANS
Largest movements
- Receivables within one year -€83,419
down €83,419 (-33.5%), from €248,971 to €165,552
- Cash -€13,775
down €13,775 (-94.6%), from €14,554 to €779
mainly Net result for the year (-€61,421) and Trade debts (-€29,285)
- Tangible fixed assets +€4,016
up €4,016 (+107%), from €3,755 to €7,771
- Profit (loss) carried forward -€61,421
down €61,421 (-358%), from -€17,174 to -€78,595
- Trade debts -€29,285
down €29,285 (-32.5%), from €90,116 to €60,831
- Other debts -€13,153
down €13,153 (-9.6%), from €136,943 to €123,790
- Tax, wage and social debts +€10,681
up €10,681 (+15.8%), from €67,558 to €78,239
of which Remuneration and social security: +€6,461
- Staff costs +€67,212
up €67,212 (+24.4%), from €275,645 to €342,857
- Gross operating margin -€27,459
down €27,459 (-8.4%), from €326,415 to €298,956
- Other operating charges +€6,282
up €6,282 (+245%), from €2,565 to €8,847
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 | €291,443 | €198,265 | -€93,178 | -32.0% |
| Fixed assets | 21/28 | €27,918 | €31,934 | +€4,016 | +14.4% |
| Tangible fixed assets | 22/27 | €3,755 | €7,771 | +€4,016 | +107% |
| Furniture and vehicles | 24 | €3,755 | €7,771 | +€4,016 | +107% |
| Financial fixed assets | 28 | €24,163 | €24,163 | = | 0.0% |
| Current assets | 29/58 | €263,525 | €166,331 | -€97,194 | -36.9% |
| Amounts receivable within one year | 40/41 | €248,971 | €165,552 | -€83,419 | -33.5% |
| Trade receivables | 40 | €248,971 | €165,552 | -€83,419 | -33.5% |
| Cash at bank and in hand | 54/58 | €14,554 | €779 | -€13,775 | -94.6% |
| Total equity and liabilities | 10/49 | €291,443 | €198,265 | -€93,178 | -32.0% |
| Equity | 10/15 | -€3,174 | -€64,595 | -€61,421 | -1,935% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,174 | -€78,595 | -€61,421 | -358% |
| Amounts payable | 17/49 | €294,617 | €262,860 | -€31,757 | -10.8% |
| Amounts payable within one year | 42/48 | €294,617 | €262,860 | -€31,757 | -10.8% |
| Trade debts | 44 | €90,116 | €60,831 | -€29,285 | -32.5% |
| Suppliers | 440/4 | €90,116 | €60,831 | -€29,285 | -32.5% |
| Taxes, remuneration and social security | 45 | €67,558 | €78,239 | +€10,681 | +15.8% |
| Taxes | 450/3 | €42,963 | €47,183 | +€4,220 | +9.8% |
| Remuneration and social security | 454/9 | €24,595 | €31,056 | +€6,461 | +26.3% |
| Other amounts payable | 47/48 | €136,943 | €123,790 | -€13,153 | -9.6% |
| Remuneration, social security and pensions | 62 | €275,645 | €342,857 | +€67,212 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,511 | €3,483 | -€28 | -0.8% |
| Other operating charges | 640/8 | €2,565 | €8,847 | +€6,282 | +245% |
| Non-recurring operating charges | 66A | - | €3,500 | +€3,500 | |
| Gross operating margin | 9900 | €326,415 | €298,956 | -€27,459 | -8.4% |
| Operating profit (loss) | 9901 | €44,694 | -€59,731 | -€104,425 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €955 | €1,700 | +€745 | +78.0% |
| Recurring financial charges | 65 | €955 | €1,700 | +€745 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | €43,739 | -€61,421 | -€105,160 | |
| Profit (loss) for the period | 9904 | €43,739 | -€61,421 | -€105,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,739 | -€61,421 | -€105,160 |
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 17 October 2026 via checked.be.