Skip to content

SbrickS: 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

SbrickS

BE 0877.009.068
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€531,275
2023 · -€37,570+€568,845
Equity
€1.4m
2023 · €842,545+€531,275
Cash
€105,731
2023 · €348,519-€242,788
Balance sheet total
€1.9m
2023 · €2.2m-€221,337

Largest movements

2023 to 2024
Assets
  • Current investments +€950,396

    up €950,396 (+359739.5%), from €264 to €950,660

  • Tangible fixed assets -€639,404

    down €639,404 (-46.8%), from €1.4m to €726,237

    of which Land and buildings: -€638,078

  • Stocks and contracts -€308,089

    down €308,089 (-72.0%), from €428,089 to €120,000

  • Cash -€242,788

    down €242,788 (-69.7%), from €348,519 to €105,731

    mainly Current investments (-€950,396) and Debts after one year (-€392,499)

Equity and liabilities
  • Debts after one year -€392,499

    down €392,499 (-44.8%), from €875,462 to €482,963

    of which Other amounts payable: -€280,000

  • Short-term financial debts -€360,000

    no longer reported in 2024 (was €360,000)

  • Reserves +€347,656

    up €347,656 (+85.3%), from €407,564 to €755,220

  • Profit (loss) carried forward +€183,619

    no longer reported in 2024 (was -€183,619)

  • Current portion of long-term debt -€50,000

    no longer reported in 2024 (was €50,000)

Income statement
  • Gross operating margin +€739,284

    up €739,284 (+619.2%), from €119,401 to €858,684

  • Taxes +€185,249

    up €185,249 (+66160453.6%), from €0 to €185,250

  • Financial charges +€26,591

    up €26,591 (+54.1%), from €49,168 to €75,759

  • Other operating charges -€26,187

    down €26,187 (-66.0%), from €39,692 to €13,505

  • Depreciation -€14,632

    down €14,632 (-21.9%), from €66,870 to €52,238

From the 2023 result to the 2024 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 2023 -€37,570
Gross operating margin +€739,284
Staff costs +€21
Depreciation +€14,632
Other operating charges +€26,187
Financial income +€562
Financial charges -€26,591
Taxes -€185,249
Result 2024 €531,275

Cash bridge derived

cash 2023 to 2024

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.

From operations +€922,533
Investment -€362,822
Financing -€802,500
Cash 2023 €348,519
Net result for the year +€531,275
Depreciation +€52,238
Stocks and contracts +€308,089
Receivables within one year -€19,948
Smaller working-capital items +€3,535
Tax, wage and social debts +€44,373
Accrued charges and deferred income +€2,971
Investment in fixed assets (net) +€587,574
Current investments -€950,396
Debts after one year -€392,499
Current portion of long-term debt -€50,000
Short-term financial debts -€360,000
Cash 2024 €105,731
Every line side by side 48 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,154,842 €1,933,506 -€221,337 -10.3%
Fixed assets 21/28 €1,366,049 €726,237 -€639,812 -46.8%
Tangible fixed assets 22/27 €1,365,641 €726,237 -€639,404 -46.8%
Land and buildings 22 €1,364,315 €726,237 -€638,078 -46.8%
Furniture and vehicles 24 €1,326 - -€1,326
Financial fixed assets 28 €408 - -€408
Current assets 29/58 €788,793 €1,207,269 +€418,476 +53.1%
Stocks and contracts in progress 3 €428,089 €120,000 -€308,089 -72.0%
Stocks 30/36 €428,089 €120,000 -€308,089 -72.0%
Amounts receivable within one year 40/41 €9,702 €29,650 +€19,948 +205.6%
Trade receivables 40 €9,702 - -€9,702
Other amounts receivable 41 - €29,650 +€29,650
Current investments 50/53 €264 €950,660 +€950,396 +359739.5%
Cash at bank and in hand 54/58 €348,519 €105,731 -€242,788 -69.7%
Deferred charges and accrued income 490/1 €2,219 €1,228 -€991 -44.7%
Total equity and liabilities 10/49 €2,154,842 €1,933,506 -€221,337 -10.3%
Equity 10/15 €842,545 €1,373,820 +€531,275 +63.1%
Contributions 10/11 €618,600 €618,600 = 0.0%
Reserves 13 €407,564 €755,220 +€347,656 +85.3%
Distributable reserves 133 €407,564 €755,220 +€347,656 +85.3%
Profit (loss) carried forward 14 -€183,619 - +€183,619
Amounts payable 17/49 €1,312,297 €559,685 -€752,612 -57.4%
Amounts payable after more than one year 17 €875,462 €482,963 -€392,499 -44.8%
Financial debts 170/4 €112,499 - -€112,499
Other amounts payable 178/9 €762,963 €482,963 -€280,000 -36.7%
Amounts payable within one year 42/48 €429,535 €66,451 -€363,084 -84.5%
Current portion of amounts payable after more than one year 42 €50,000 - -€50,000
Financial debts 43 €360,000 - -€360,000
Credit institutions 430/8 €360,000 - -€360,000
Trade debts 44 €1,148 €1,678 +€529 +46.1%
Suppliers 440/4 €1,148 €1,678 +€529 +46.1%
Taxes, remuneration and social security 45 €8,971 €53,343 +€44,373 +494.6%
Taxes 450/3 €8,971 €53,343 +€44,373 +494.6%
Other amounts payable 47/48 €9,416 €11,430 +€2,015 +21.4%
Accrued charges and deferred income 492/3 €7,300 €10,272 +€2,971 +40.7%
Remuneration, social security and pensions 62 €1,244 €1,222 -€21 -1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €66,870 €52,238 -€14,632 -21.9%
Other operating charges 640/8 €39,692 €13,505 -€26,187 -66.0%
Gross operating margin 9900 €119,401 €858,684 +€739,284 +619.2%
Operating profit (loss) 9901 €11,595 €791,718 +€780,123 +6728.2%
Financial income 75/76B €3 €565 +€562 +17135.1%
Recurring financial income 75 €3 €565 +€562 +17135.1%
Financial charges 65/66B €49,168 €75,759 +€26,591 +54.1%
Recurring financial charges 65 €49,168 €75,759 +€26,591 +54.1%
Profit (loss) for the period before taxes 9903 -€37,570 €716,525 +€754,095
Income taxes 67/77 €0 €185,250 +€185,249 +66160453.6%
Profit (loss) for the period 9904 -€37,570 €531,275 +€568,845
Profit (loss) for the period to be appropriated 9905 -€37,570 €531,275 +€568,845

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 30 September 2026 via checked.be.