SBS ENVIRONNEMENT: what changed
What changed
SBS ENVIRONNEMENT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€204,395
2024 · €274,630-€70,235
Equity
€634,558
2024 · €430,163+€204,395
Cash
€163,902
2024 · €180,656-€16,754
Balance sheet total
€829,301
2024 · €848,806-€19,505
Largest movements
Assets
- Tangible fixed assets -€26,459
down €26,459 (-10.6%), from €248,596 to €222,138
of which Furniture and vehicles: -€13,727
- Receivables within one year +€22,099
up €22,099 (+5.3%), from €419,553 to €441,652
of which Trade receivables: +€44,249
- Cash -€16,754
down €16,754 (-9.3%), from €180,656 to €163,902
mainly Other debts (-€215,000) and Trade debts (-€26,911)
Equity and liabilities
- Other debts -€215,000
no longer reported in 2025 (was €215,000)
- Profit (loss) carried forward +€204,395
up €204,395 (+56.4%), from €362,513 to €566,908
- Tax, wage and social debts +€27,643
up €27,643 (+38.4%), from €72,028 to €99,671
of which Taxes: +€20,683
- Trade debts -€26,911
down €26,911 (-24.9%), from €107,964 to €81,053
- Debts after one year -€9,506
down €9,506 (-70.0%), from €13,584 to €4,078
Income statement
- Turnover -€111,918
down €111,918 (-5.2%), from €2.2m to €2.0m
- Gross operating margin -€71,594
down €71,594 (-10.0%), from €717,490 to €645,896
- Staff costs +€32,920
up €32,920 (+11.3%), from €290,681 to €323,601
- Purchases and services -€31,144
down €31,144 (-2.2%), from €1.4m to €1.4m
- Taxes -€26,437
down €26,437 (-26.4%), from €100,081 to €73,644
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€274,630
Gross operating margin
-€71,594
Staff costs
-€32,920
Depreciation
-€10,348
Write-downs
+€9,599
Other operating charges
+€181
Other operating items
+€8,309
Financial charges
+€102
Taxes
+€26,437
Result 2025
€204,395
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€337
Investment
-€7,966
Financing
-€9,124
Cash 2024
€180,656
From operations (derived)
+€337
Net result for the year
+€204,395
Depreciation
+€34,425
Receivables within one year
-€22,099
Deferred charges and accrued income
-€1,608
Trade debts
-€26,911
Tax, wage and social debts
+€27,643
Other debts
-€215,000
Accrued charges and deferred income
-€508
Investment (derived)
-€7,966
Investment in fixed assets (net)
-€7,966
Financing
-€9,124
Debts after one year
-€9,506
Current portion of long-term debt
+€382
Cash 2025
€163,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €848,806 | €829,301 | -€19,505 | -2.3% |
| Fixed assets | 21/28 | €248,596 | €222,138 | -€26,459 | -10.6% |
| Tangible fixed assets | 22/27 | €248,596 | €222,138 | -€26,459 | -10.6% |
| Land and buildings | 22 | €181,512 | €171,020 | -€10,493 | -5.8% |
| Plant, machinery and equipment | 23 | €9,064 | €6,825 | -€2,239 | -24.7% |
| Furniture and vehicles | 24 | €58,020 | €44,293 | -€13,727 | -23.7% |
| Current assets | 29/58 | €600,209 | €607,163 | +€6,954 | +1.2% |
| Amounts receivable within one year | 40/41 | €419,553 | €441,652 | +€22,099 | +5.3% |
| Trade receivables | 40 | €397,404 | €441,652 | +€44,249 | +11.1% |
| Other amounts receivable | 41 | €22,149 | - | -€22,149 | |
| Cash at bank and in hand | 54/58 | €180,656 | €163,902 | -€16,754 | -9.3% |
| Deferred charges and accrued income | 490/1 | - | €1,608 | +€1,608 | |
| Total equity and liabilities | 10/49 | €848,806 | €829,301 | -€19,505 | -2.3% |
| Equity | 10/15 | €430,163 | €634,558 | +€204,395 | +47.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €362,513 | €566,908 | +€204,395 | +56.4% |
| Amounts payable | 17/49 | €418,643 | €194,743 | -€223,900 | -53.5% |
| Amounts payable after more than one year | 17 | €13,584 | €4,078 | -€9,506 | -70.0% |
| Financial debts | 170/4 | €13,584 | €4,078 | -€9,506 | -70.0% |
| Amounts payable within one year | 42/48 | €404,116 | €190,230 | -€213,886 | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €9,124 | €9,506 | +€382 | +4.2% |
| Trade debts | 44 | €107,964 | €81,053 | -€26,911 | -24.9% |
| Suppliers | 440/4 | €107,964 | €81,053 | -€26,911 | -24.9% |
| Taxes, remuneration and social security | 45 | €72,028 | €99,671 | +€27,643 | +38.4% |
| Taxes | 450/3 | €33,190 | €53,874 | +€20,683 | +62.3% |
| Remuneration and social security | 454/9 | €38,838 | €45,797 | +€6,960 | +17.9% |
| Other amounts payable | 47/48 | €215,000 | - | -€215,000 | |
| Accrued charges and deferred income | 492/3 | €943 | €435 | -€508 | -53.8% |
| Turnover | 70 | €2,151,232 | €2,039,315 | -€111,918 | -5.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,433,742 | €1,402,598 | -€31,144 | -2.2% |
| Remuneration, social security and pensions | 62 | €290,681 | €323,601 | +€32,920 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,077 | €34,425 | +€10,348 | +43.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,599 | - | -€9,599 | |
| Other operating charges | 640/8 | €3,113 | €2,932 | -€181 | -5.8% |
| Non-recurring operating charges | 66A | €8,309 | - | -€8,309 | |
| Gross operating margin | 9900 | €717,490 | €645,896 | -€71,594 | -10.0% |
| Operating profit (loss) | 9901 | €381,712 | €284,938 | -€96,773 | -25.4% |
| Financial charges | 65/66B | €7,000 | €6,899 | -€102 | -1.5% |
| Recurring financial charges | 65 | €7,000 | €6,899 | -€102 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €374,711 | €278,040 | -€96,672 | -25.8% |
| Income taxes | 67/77 | €100,081 | €73,644 | -€26,437 | -26.4% |
| Profit (loss) for the period | 9904 | €274,630 | €204,395 | -€70,235 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €274,630 | €204,395 | -€70,235 | -25.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.