SBN: 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.
SBN
Largest movements
- Receivables within one year -€59,862
down €59,862 (-30.0%), from €199,717 to €139,855
of which Other amounts receivable: -€60,722
- Tangible fixed assets -€7,367
down €7,367 (-76.3%), from €9,661 to €2,294
- Cash +€5,008
up €5,008 (+61.0%), from €8,214 to €13,222
mainly Receivables within one year (+€59,862) and Other debts (+€10,890)
- Receivables after one year +€4,599
up €4,599 (+3.9%), from €119,349 to €123,948
- Profit (loss) carried forward -€36,229
down €36,229 (-39.9%), from €90,830 to €54,601
- Trade debts -€26,624
down €26,624 (-36.6%), from €72,729 to €46,105
- Other debts +€10,890
up €10,890 (+116%), from €9,400 to €20,290
- Tax, wage and social debts -€6,983
down €6,983 (-8.8%), from €79,709 to €72,726
of which Taxes: -€16,307
- Staff costs -€10,634
down €10,634 (-4.4%), from €238,974 to €228,340
- Financial income +€7,620
up €7,620 (+331%), from €2,300 to €9,920
- Other operating charges -€6,015
down €6,015 (-94.0%), from €6,402 to €387
- Financial charges -€3,324
down €3,324 (-22.4%), from €14,869 to €11,545
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 | €344,364 | €285,418 | -€58,946 | -17.1% |
| Fixed assets | 21/28 | €9,661 | €3,152 | -€6,509 | -67.4% |
| Tangible fixed assets | 22/27 | €9,661 | €2,294 | -€7,367 | -76.3% |
| Furniture and vehicles | 24 | €9,661 | €2,294 | -€7,367 | -76.3% |
| Financial fixed assets | 28 | - | €858 | +€858 | |
| Current assets | 29/58 | €334,703 | €282,266 | -€52,437 | -15.7% |
| Amounts receivable after more than one year | 29 | €119,349 | €123,948 | +€4,599 | +3.9% |
| Other amounts receivable | 291 | €119,349 | €123,948 | +€4,599 | +3.9% |
| Stocks and contracts in progress | 3 | €7,423 | €5,241 | -€2,182 | -29.4% |
| Stocks | 30/36 | €7,423 | €5,241 | -€2,182 | -29.4% |
| Amounts receivable within one year | 40/41 | €199,717 | €139,855 | -€59,862 | -30.0% |
| Trade receivables | 40 | €27,084 | €27,944 | +€860 | +3.2% |
| Other amounts receivable | 41 | €172,633 | €111,911 | -€60,722 | -35.2% |
| Cash at bank and in hand | 54/58 | €8,214 | €13,222 | +€5,008 | +61.0% |
| Total equity and liabilities | 10/49 | €344,364 | €285,418 | -€58,946 | -17.1% |
| Equity | 10/15 | €182,526 | €146,297 | -€36,229 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,496 | €85,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85,496 | €85,496 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €83,636 | €83,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,830 | €54,601 | -€36,229 | -39.9% |
| Amounts payable | 17/49 | €161,838 | €139,121 | -€22,717 | -14.0% |
| Amounts payable within one year | 42/48 | €161,838 | €139,121 | -€22,717 | -14.0% |
| Trade debts | 44 | €72,729 | €46,105 | -€26,624 | -36.6% |
| Suppliers | 440/4 | €72,729 | €46,105 | -€26,624 | -36.6% |
| Taxes, remuneration and social security | 45 | €79,709 | €72,726 | -€6,983 | -8.8% |
| Taxes | 450/3 | €54,834 | €38,527 | -€16,307 | -29.7% |
| Remuneration and social security | 454/9 | €24,875 | €34,199 | +€9,324 | +37.5% |
| Other amounts payable | 47/48 | €9,400 | €20,290 | +€10,890 | +116% |
| Remuneration, social security and pensions | 62 | €238,974 | €228,340 | -€10,634 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,367 | €7,367 | = | 0.0% |
| Other operating charges | 640/8 | €6,402 | €387 | -€6,015 | -94.0% |
| Gross operating margin | 9900 | €202,294 | €202,202 | -€92 | 0.0% |
| Operating profit (loss) | 9901 | -€50,449 | -€33,892 | +€16,557 | +32.8% |
| Financial income | 75/76B | €2,300 | €9,920 | +€7,620 | +331% |
| Recurring financial income | 75 | €2,300 | €9,920 | +€7,620 | +331% |
| Financial charges | 65/66B | €14,869 | €11,545 | -€3,324 | -22.4% |
| Recurring financial charges | 65 | €14,869 | €11,545 | -€3,324 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€63,018 | -€35,517 | +€27,501 | +43.6% |
| Income taxes | 67/77 | €1,703 | €712 | -€991 | -58.2% |
| Profit (loss) for the period | 9904 | -€64,721 | -€36,229 | +€28,492 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,721 | -€36,229 | +€28,492 | +44.0% |
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 16 October 2026 via checked.be.