SBS: 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.
SBS
Largest movements
- Cash -€1,910
down €1,910 (-83.2%), from €2,297 to €387
mainly Receivables within one year (-€1,600) and Net result for the year (-€456)
- Receivables within one year +€1,600
up €1,600 (+7.7%), from €20,911 to €22,511
of which Other amounts receivable: +€1,600
- Profit (loss) carried forward -€456
down €456 (-9.1%), from €5,027 to €4,571
- Gross operating margin -€527
down €527 (-61.4%), from €858 to €331
- Financial charges -€301
down €301 (-63.5%), from €474 to €173
- Other operating charges +€135
up €135 (+39.7%), from €340 to €475
- Taxes +€20
up €20 (+16.7%), from €120 to €140
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 | €24,695 | €24,385 | -€310 | -1.3% |
| Current assets | 29/58 | €24,695 | €24,385 | -€310 | -1.3% |
| Amounts receivable within one year | 40/41 | €20,911 | €22,511 | +€1,600 | +7.7% |
| Trade receivables | 40 | €816 | €816 | = | 0.0% |
| Other amounts receivable | 41 | €20,095 | €21,695 | +€1,600 | +8.0% |
| Cash at bank and in hand | 54/58 | €2,297 | €387 | -€1,910 | -83.2% |
| Deferred charges and accrued income | 490/1 | €1,486 | €1,486 | = | 0.0% |
| Total equity and liabilities | 10/49 | €24,695 | €24,385 | -€310 | -1.3% |
| Equity | 10/15 | €23,801 | €23,344 | -€456 | -1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,373 | €6,373 | = | 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% |
| Distributable reserves | 133 | €4,513 | €4,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,027 | €4,571 | -€456 | -9.1% |
| Amounts payable | 17/49 | €894 | €1,040 | +€146 | +16.3% |
| Amounts payable within one year | 42/48 | €894 | €1,040 | +€146 | +16.3% |
| Trade debts | 44 | €775 | €901 | +€126 | +16.2% |
| Suppliers | 440/4 | €775 | €901 | +€126 | +16.2% |
| Taxes, remuneration and social security | 45 | €120 | €140 | +€20 | +16.7% |
| Taxes | 450/3 | €120 | €140 | +€20 | +16.7% |
| Other operating charges | 640/8 | €340 | €475 | +€135 | +39.7% |
| Gross operating margin | 9900 | €858 | €331 | -€527 | -61.4% |
| Operating profit (loss) | 9901 | €518 | -€144 | -€662 | |
| Financial charges | 65/66B | €474 | €173 | -€301 | -63.5% |
| Recurring financial charges | 65 | €474 | €173 | -€301 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €44 | -€317 | -€361 | |
| Income taxes | 67/77 | €120 | €140 | +€20 | +16.7% |
| Profit (loss) for the period | 9904 | -€76 | -€456 | -€381 | -503.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€76 | -€456 | -€381 | -503.5% |
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 29 September 2026 via checked.be.