SBO MANAGEMENT & CONSULTANCY: what changed
SBO MANAGEMENT & CONSULTANCY
Largest movements
- Cash +€21,586
up €21,586 (+162%), from €13,332 to €34,919
mainly Net result for the year (+€56,823) and Other debts (+€42,974)
- Receivables within one year -€4,130
down €4,130 (-13.4%), from €30,885 to €26,755
of which Trade receivables: -€4,130
- Other debts +€42,974
up €42,974 (+669%), from €6,425 to €49,398
- Tax, wage and social debts -€13,001
down €13,001 (-85.5%), from €15,212 to €2,211
- Current portion of long-term debt -€7,489
down €7,489 (-59.7%), from €12,536 to €5,047
- Reserves -€6,677
down €6,677 (-94.8%), from €7,044 to €368
- Trade debts +€1,651
new in 2025: €1,651
- Other operating charges -€1,911
down €1,911 (-77.7%), from €2,458 to €547
- Gross operating margin +€1,663
up €1,663 (+2.3%), from €73,572 to €75,235
- Taxes +€1,301
up €1,301 (+9.3%), from €14,055 to €15,356
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,217 | €61,674 | +€17,457 | +39.5% |
| Current assets | 29/58 | €44,217 | €61,674 | +€17,457 | +39.5% |
| Amounts receivable within one year | 40/41 | €30,885 | €26,755 | -€4,130 | -13.4% |
| Trade receivables | 40 | €29,940 | €25,810 | -€4,130 | -13.8% |
| Other amounts receivable | 41 | €945 | €945 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,332 | €34,919 | +€21,586 | +162% |
| Total equity and liabilities | 10/49 | €44,217 | €61,674 | +€17,457 | +39.5% |
| Equity | 10/15 | €10,044 | €3,368 | -€6,677 | -66.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,044 | €368 | -€6,677 | -94.8% |
| Distributable reserves | 133 | €7,044 | €368 | -€6,677 | -94.8% |
| Amounts payable | 17/49 | €34,173 | €58,306 | +€24,133 | +70.6% |
| Amounts payable within one year | 42/48 | €34,173 | €58,306 | +€24,133 | +70.6% |
| Current portion of amounts payable after more than one year | 42 | €12,536 | €5,047 | -€7,489 | -59.7% |
| Trade debts | 44 | - | €1,651 | +€1,651 | |
| Suppliers | 440/4 | - | €1,651 | +€1,651 | |
| Taxes, remuneration and social security | 45 | €15,212 | €2,211 | -€13,001 | -85.5% |
| Taxes | 450/3 | €15,212 | €2,211 | -€13,001 | -85.5% |
| Other amounts payable | 47/48 | €6,425 | €49,398 | +€42,974 | +669% |
| Other operating charges | 640/8 | €2,458 | €547 | -€1,911 | -77.7% |
| Gross operating margin | 9900 | €73,572 | €75,235 | +€1,663 | +2.3% |
| Operating profit (loss) | 9901 | €71,114 | €74,688 | +€3,574 | +5.0% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €2,387 | €2,550 | +€163 | +6.8% |
| Recurring financial charges | 65 | €2,387 | €2,550 | +€163 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €68,727 | €72,179 | +€3,453 | +5.0% |
| Income taxes | 67/77 | €14,055 | €15,356 | +€1,301 | +9.3% |
| Profit (loss) for the period | 9904 | €54,672 | €56,823 | +€2,152 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,672 | €56,823 | +€2,152 | +3.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.