SBP Studio: 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.
SBP Studio
Largest movements
- Receivables after one year +€72,138
new in 2024: €72,138
- Cash -€70,991
down €70,991 (-71.5%), from €99,317 to €28,327
mainly Receivables after one year (-€72,138) and Receivables within one year (-€10,080)
- Receivables within one year +€10,080
up €10,080 (+203.4%), from €4,956 to €15,036
of which Trade receivables: +€10,080
- Tangible fixed assets -€6,920
down €6,920 (-42.7%), from €16,221 to €9,301
of which Plant, machinery and equipment: -€3,865
- Deferred charges and accrued income +€4,357
new in 2024: €4,357
- Reserves +€19,664
up €19,664 (+36.7%), from €53,572 to €73,237
- Trade debts -€9,270
down €9,270 (-38.3%), from €24,203 to €14,933
- Tax, wage and social debts -€1,659
down €1,659 (-4.2%), from €39,147 to €37,488
of which Remuneration and social security: -€6,854
- Gross operating margin -€52,839
down €52,839 (-56.8%), from €93,063 to €40,224
- Taxes -€17,647
down €17,647 (-69.5%), from €25,395 to €7,748
- Financial charges +€5,198
up €5,198 (+318.4%), from €1,632 to €6,830
- Financial income +€4,291
up €4,291 (+4119.3%), from €104 to €4,395
- Depreciation -€2,043
down €2,043 (-17.2%), from €11,863 to €9,820
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 | €120,494 | €129,158 | +€8,664 | +7.2% |
| Fixed assets | 21/28 | €16,221 | €9,301 | -€6,920 | -42.7% |
| Tangible fixed assets | 22/27 | €16,221 | €9,301 | -€6,920 | -42.7% |
| Plant, machinery and equipment | 23 | €12,239 | €8,374 | -€3,865 | -31.6% |
| Furniture and vehicles | 24 | €3,983 | €927 | -€3,055 | -76.7% |
| Current assets | 29/58 | €104,273 | €119,857 | +€15,584 | +14.9% |
| Amounts receivable after more than one year | 29 | - | €72,138 | +€72,138 | |
| Other amounts receivable | 291 | - | €72,138 | +€72,138 | |
| Amounts receivable within one year | 40/41 | €4,956 | €15,036 | +€10,080 | +203.4% |
| Trade receivables | 40 | €4,956 | €15,036 | +€10,080 | +203.4% |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €99,317 | €28,327 | -€70,991 | -71.5% |
| Deferred charges and accrued income | 490/1 | - | €4,357 | +€4,357 | |
| Total equity and liabilities | 10/49 | €120,494 | €129,158 | +€8,664 | +7.2% |
| Equity | 10/15 | €57,072 | €76,737 | +€19,664 | +34.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €53,572 | €73,237 | +€19,664 | +36.7% |
| Distributable reserves | 133 | €53,572 | €73,237 | +€19,664 | +36.7% |
| Amounts payable | 17/49 | €63,422 | €52,422 | -€11,001 | -17.3% |
| Amounts payable within one year | 42/48 | €63,422 | €52,422 | -€11,001 | -17.3% |
| Trade debts | 44 | €24,203 | €14,933 | -€9,270 | -38.3% |
| Suppliers | 440/4 | €24,203 | €14,933 | -€9,270 | -38.3% |
| Taxes, remuneration and social security | 45 | €39,147 | €37,488 | -€1,659 | -4.2% |
| Taxes | 450/3 | €29,700 | €34,896 | +€5,196 | +17.5% |
| Remuneration and social security | 454/9 | €9,446 | €2,592 | -€6,854 | -72.6% |
| Other amounts payable | 47/48 | €72 | - | -€72 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,863 | €9,820 | -€2,043 | -17.2% |
| Other operating charges | 640/8 | €704 | €556 | -€148 | -21.0% |
| Gross operating margin | 9900 | €93,063 | €40,224 | -€52,839 | -56.8% |
| Operating profit (loss) | 9901 | €80,495 | €29,848 | -€50,648 | -62.9% |
| Financial income | 75/76B | €104 | €4,395 | +€4,291 | +4119.3% |
| Recurring financial income | 75 | €104 | €4,395 | +€4,291 | +4119.3% |
| Financial charges | 65/66B | €1,632 | €6,830 | +€5,198 | +318.4% |
| Recurring financial charges | 65 | €1,632 | €6,830 | +€5,198 | +318.4% |
| Profit (loss) for the period before taxes | 9903 | €78,967 | €27,413 | -€51,554 | -65.3% |
| Income taxes | 67/77 | €25,395 | €7,748 | -€17,647 | -69.5% |
| Profit (loss) for the period | 9904 | €53,572 | €19,664 | -€33,908 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,572 | €19,664 | -€33,908 | -63.3% |
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 3 October 2026 via checked.be.