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SBPsy: 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.

What changed

SBPsy

BE 0695.566.610
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€115,302
2024 · €106,391+€8,911
Equity
€604,382
2024 · €489,080+€115,302
Cash
€307,558
2024 · €260,475+€47,083
Balance sheet total
€605,093
2024 · €500,196+€104,897

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€56,055

    up €56,055 (+30.7%), from €182,487 to €238,542

  • Cash +€47,083

    up €47,083 (+18.1%), from €260,475 to €307,558

    mainly Net result for the year (+€115,302) and Depreciation (+€11,528)

  • Deferred charges and accrued income +€13,287

    up €13,287 (+182.6%), from €7,276 to €20,563

  • Tangible fixed assets -€11,528

    down €11,528 (-23.1%), from €49,958 to €38,430

Equity and liabilities
  • Profit (loss) carried forward +€115,302

    up €115,302 (+24.6%), from €468,620 to €583,922

  • Tax, wage and social debts -€10,406

    down €10,406 (-93.6%), from €11,116 to €710

Income statement
  • Financial income +€10,659

    up €10,659 (+405.6%), from €2,628 to €13,287

  • Gross operating margin +€5,927

    up €5,927 (+3.9%), from €150,878 to €156,805

  • Depreciation +€5,490

    up €5,490 (+90.9%), from €6,038 to €11,528

  • Taxes +€2,185

    up €2,185 (+5.3%), from €41,025 to €43,210

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €106,391
Gross operating margin +€5,927
Depreciation -€5,490
Financial income +€10,659
Taxes -€2,185
Result 2025 €115,302

Cash bridge derived

cash 2024 to 2025

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.

From operations +€47,083
Investment €0
Financing €0
Cash 2024 €260,475
Net result for the year +€115,302
Depreciation +€11,528
Receivables within one year -€56,055
Deferred charges and accrued income -€13,287
Tax, wage and social debts -€10,406
Cash 2025 €307,558
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €500,196 €605,093 +€104,897 +21.0%
Fixed assets 21/28 €49,958 €38,430 -€11,528 -23.1%
Tangible fixed assets 22/27 €49,958 €38,430 -€11,528 -23.1%
Furniture and vehicles 24 €49,958 €38,430 -€11,528 -23.1%
Current assets 29/58 €450,238 €566,663 +€116,425 +25.9%
Amounts receivable within one year 40/41 €182,487 €238,542 +€56,055 +30.7%
Other amounts receivable 41 €182,487 €238,542 +€56,055 +30.7%
Cash at bank and in hand 54/58 €260,475 €307,558 +€47,083 +18.1%
Deferred charges and accrued income 490/1 €7,276 €20,563 +€13,287 +182.6%
Total equity and liabilities 10/49 €500,196 €605,093 +€104,897 +21.0%
Equity 10/15 €489,080 €604,382 +€115,302 +23.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €468,620 €583,922 +€115,302 +24.6%
Amounts payable 17/49 €11,116 €710 -€10,406 -93.6%
Amounts payable within one year 42/48 €11,116 €710 -€10,406 -93.6%
Taxes, remuneration and social security 45 €11,116 €710 -€10,406 -93.6%
Taxes 450/3 €11,116 €710 -€10,406 -93.6%
Non-recurring operating income 76A - €2,663 +€2,663
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,038 €11,528 +€5,490 +90.9%
Gross operating margin 9900 €150,878 €156,805 +€5,927 +3.9%
Operating profit (loss) 9901 €144,840 €145,277 +€437 +0.3%
Financial income 75/76B €2,628 €13,287 +€10,659 +405.6%
Recurring financial income 75 €2,628 €13,287 +€10,659 +405.6%
Financial charges 65/66B €51 €51 = 0.0%
Recurring financial charges 65 €51 €51 = 0.0%
Profit (loss) for the period before taxes 9903 €147,417 €158,513 +€11,096 +7.5%
Income taxes 67/77 €41,025 €43,210 +€2,185 +5.3%
Profit (loss) for the period 9904 €106,391 €115,302 +€8,911 +8.4%
Profit (loss) for the period to be appropriated 9905 €106,391 €115,302 +€8,911 +8.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.