SBM 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.
SBM SERVICES
Largest movements
- Cash +€14,232
up €14,232 (+33.2%), from €42,878 to €57,109
mainly Net result for the year (+€16,413) and Depreciation (+€8,532)
- Intangible fixed assets -€5,000
down €5,000 (-14.1%), from €35,411 to €30,411
- Stocks and contracts +€1,919
up €1,919 (+20.7%), from €9,279 to €11,198
- Receivables within one year +€1,518
up €1,518 (+7.8%), from €19,408 to €20,926
of which Other amounts receivable: +€1,518
- Profit (loss) carried forward +€16,413
up €16,413 (+969.6%), from €1,693 to €18,105
- Trade debts -€6,908
down €6,908 (-41.5%), from €16,630 to €9,721
- Tax, wage and social debts +€3,082
up €3,082 (+23.9%), from €12,882 to €15,965
of which Taxes: +€4,356
- Gross operating margin -€3,152
down €3,152 (-4.5%), from €69,468 to €66,316
- Staff costs +€2,910
up €2,910 (+8.0%), from €36,480 to €39,390
- Financial income +€1,202
up €1,202 (+3624.1%), from €33 to €1,235
- Financial charges -€1,085
down €1,085 (-95.5%), from €1,136 to €51
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.
Cash bridge derived
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 | €124,014 | €137,663 | +€13,649 | +11.0% |
| Fixed assets | 21/28 | €50,730 | €46,119 | -€4,611 | -9.1% |
| Intangible fixed assets | 21 | €35,411 | €30,411 | -€5,000 | -14.1% |
| Tangible fixed assets | 22/27 | €15,319 | €15,708 | +€389 | +2.5% |
| Land and buildings | 22 | €12,046 | €14,065 | +€2,019 | +16.8% |
| Plant, machinery and equipment | 23 | €3,273 | €1,644 | -€1,630 | -49.8% |
| Current assets | 29/58 | €73,284 | €91,543 | +€18,259 | +24.9% |
| Stocks and contracts in progress | 3 | €9,279 | €11,198 | +€1,919 | +20.7% |
| Stocks | 30/36 | €9,279 | €11,198 | +€1,919 | +20.7% |
| Amounts receivable within one year | 40/41 | €19,408 | €20,926 | +€1,518 | +7.8% |
| Trade receivables | 40 | €5,926 | €5,926 | = | 0.0% |
| Other amounts receivable | 41 | €13,482 | €15,000 | +€1,518 | +11.3% |
| Cash at bank and in hand | 54/58 | €42,878 | €57,109 | +€14,232 | +33.2% |
| Deferred charges and accrued income | 490/1 | €1,719 | €2,310 | +€592 | +34.4% |
| Total equity and liabilities | 10/49 | €124,014 | €137,663 | +€13,649 | +11.0% |
| Equity | 10/15 | €19,051 | €35,464 | +€16,413 | +86.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,159 | €11,159 | = | 0.0% |
| Distributable reserves | 133 | €11,159 | €11,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,693 | €18,105 | +€16,413 | +969.6% |
| Amounts payable | 17/49 | €104,963 | €102,199 | -€2,764 | -2.6% |
| Amounts payable within one year | 42/48 | €104,963 | €102,199 | -€2,764 | -2.6% |
| Trade debts | 44 | €16,630 | €9,721 | -€6,908 | -41.5% |
| Suppliers | 440/4 | €16,630 | €9,721 | -€6,908 | -41.5% |
| Taxes, remuneration and social security | 45 | €12,882 | €15,965 | +€3,082 | +23.9% |
| Taxes | 450/3 | €4,812 | €9,169 | +€4,356 | +90.5% |
| Remuneration and social security | 454/9 | €8,070 | €6,796 | -€1,274 | -15.8% |
| Other amounts payable | 47/48 | €75,451 | €76,513 | +€1,062 | +1.4% |
| Remuneration, social security and pensions | 62 | €36,480 | €39,390 | +€2,910 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,182 | €8,532 | -€649 | -7.1% |
| Other operating charges | 640/8 | €3,436 | €3,164 | -€272 | -7.9% |
| Gross operating margin | 9900 | €69,468 | €66,316 | -€3,152 | -4.5% |
| Operating profit (loss) | 9901 | €20,370 | €15,229 | -€5,141 | -25.2% |
| Financial income | 75/76B | €33 | €1,235 | +€1,202 | +3624.1% |
| Recurring financial income | 75 | €33 | €1,235 | +€1,202 | +3624.1% |
| Financial charges | 65/66B | €1,136 | €51 | -€1,085 | -95.5% |
| Recurring financial charges | 65 | €1,136 | €51 | -€1,085 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | €19,267 | €16,413 | -€2,855 | -14.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €19,267 | €16,413 | -€2,855 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,267 | €16,413 | -€2,855 | -14.8% |
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 10 October 2026 via checked.be.