SBO SERVICES: what changed
Two fiscal 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.
SBO SERVICES
Largest movements
- Cash +€18,778
up €18,778 (+31.3%), from €60,049 to €78,827
mainly Net result for the year (+€17,362) and Trade debts (+€10,446)
- Receivables within one year +€7,948
up €7,948 (+26.1%), from €30,453 to €38,401
- Reserves +€17,362
up €17,362 (+34.9%), from €49,814 to €67,176
- Trade debts +€10,446
up €10,446 (+499.4%), from €2,092 to €12,538
- Tax, wage and social debts -€1,415
down €1,415 (-3.7%), from €38,093 to €36,678
of which Taxes: -€13,289
- Gross operating margin -€40,724
down €40,724 (-61.3%), from €66,425 to €25,701
- Taxes -€7,441
down €7,441 (-49.4%), from €15,049 to €7,608
- Other operating charges -€766
no longer reported in 2024 (was €766)
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.
Cash bridge derived
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 | €91,500 | €117,893 | +€26,393 | +28.8% |
| Fixed assets | 21/28 | €998 | €665 | -€333 | -33.4% |
| Tangible fixed assets | 22/27 | €998 | €665 | -€333 | -33.4% |
| Furniture and vehicles | 24 | €998 | €665 | -€333 | -33.4% |
| Current assets | 29/58 | €90,502 | €117,228 | +€26,726 | +29.5% |
| Amounts receivable within one year | 40/41 | €30,453 | €38,401 | +€7,948 | +26.1% |
| Trade receivables | 40 | €30,453 | €38,401 | +€7,948 | +26.1% |
| Cash at bank and in hand | 54/58 | €60,049 | €78,827 | +€18,778 | +31.3% |
| Total equity and liabilities | 10/49 | €91,500 | €117,893 | +€26,393 | +28.8% |
| Equity | 10/15 | €51,314 | €68,676 | +€17,362 | +33.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €49,814 | €67,176 | +€17,362 | +34.9% |
| Distributable reserves | 133 | €49,814 | €67,176 | +€17,362 | +34.9% |
| Amounts payable | 17/49 | €40,185 | €49,217 | +€9,031 | +22.5% |
| Amounts payable within one year | 42/48 | €40,185 | €49,217 | +€9,031 | +22.5% |
| Trade debts | 44 | €2,092 | €12,538 | +€10,446 | +499.4% |
| Suppliers | 440/4 | €2,092 | €12,538 | +€10,446 | +499.4% |
| Taxes, remuneration and social security | 45 | €38,093 | €36,678 | -€1,415 | -3.7% |
| Taxes | 450/3 | €38,093 | €24,805 | -€13,289 | -34.9% |
| Remuneration and social security | 454/9 | - | €11,874 | +€11,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €333 | +€332 | +36473.6% |
| Other operating charges | 640/8 | €766 | - | -€766 | |
| Gross operating margin | 9900 | €66,425 | €25,701 | -€40,724 | -61.3% |
| Operating profit (loss) | 9901 | €65,658 | €25,369 | -€40,289 | -61.4% |
| Financial charges | 65/66B | €794 | €399 | -€396 | -49.8% |
| Recurring financial charges | 65 | €794 | €399 | -€396 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €64,864 | €24,970 | -€39,894 | -61.5% |
| Income taxes | 67/77 | €15,049 | €7,608 | -€7,441 | -49.4% |
| Profit (loss) for the period | 9904 | €49,814 | €17,362 | -€32,452 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,814 | €17,362 | -€32,452 | -65.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.