SBS-Pro: 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-Pro
Largest movements
- Cash -€131,022
down €131,022 (-50.3%), from €260,354 to €129,331
mainly Provisions (-€102,901) and Trade debts (-€86,868)
- Receivables within one year -€57,881
down €57,881 (-34.9%), from €166,048 to €108,167
of which Other amounts receivable: -€35,068
- Provisions -€102,901
no longer reported in 2025 (was €102,901)
- Trade debts -€86,868
down €86,868 (-47.0%), from €185,003 to €98,135
- Reserves +€17,420
up €17,420 (+6.9%), from €250,937 to €268,357
- Tax, wage and social debts -€16,333
down €16,333 (-74.9%), from €21,814 to €5,481
of which Taxes: -€17,677
- Debts after one year -€6,093
down €6,093 (-25.9%), from €23,551 to €17,458
- Gross operating margin -€186,881
down €186,881 (-36.5%), from €512,261 to €325,381
- Provisions -€102,901
new in 2025: -€102,901
- Staff costs +€37,545
up €37,545 (+12.2%), from €308,886 to €346,431
- Taxes -€31,374
down €31,374 (-75.4%), from €41,622 to €10,249
- Depreciation +€13,891
up €13,891 (+79.1%), from €17,569 to €31,460
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,031 | €398,200 | -€194,830 | -32.9% |
| Fixed assets | 21/28 | €166,629 | €160,702 | -€5,927 | -3.6% |
| Tangible fixed assets | 22/27 | €166,629 | €160,702 | -€5,927 | -3.6% |
| Land and buildings | 22 | €11,063 | €9,898 | -€1,164 | -10.5% |
| Plant, machinery and equipment | 23 | €105,497 | €97,915 | -€7,582 | -7.2% |
| Furniture and vehicles | 24 | €50,069 | €52,888 | +€2,819 | +5.6% |
| Current assets | 29/58 | €426,402 | €237,499 | -€188,903 | -44.3% |
| Amounts receivable within one year | 40/41 | €166,048 | €108,167 | -€57,881 | -34.9% |
| Trade receivables | 40 | €101,245 | €78,433 | -€22,813 | -22.5% |
| Other amounts receivable | 41 | €64,803 | €29,735 | -€35,068 | -54.1% |
| Cash at bank and in hand | 54/58 | €260,354 | €129,331 | -€131,022 | -50.3% |
| Total equity and liabilities | 10/49 | €593,031 | €398,200 | -€194,830 | -32.9% |
| Equity | 10/15 | €251,937 | €269,357 | +€17,420 | +6.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €250,937 | €268,357 | +€17,420 | +6.9% |
| Distributable reserves | 133 | €250,937 | €268,357 | +€17,420 | +6.9% |
| Provisions and deferred taxes | 16 | €102,901 | - | -€102,901 | |
| Provisions for liabilities and charges | 160/5 | €102,901 | - | -€102,901 | |
| Environmental obligations | 163 | €102,901 | - | -€102,901 | |
| Amounts payable | 17/49 | €238,193 | €128,843 | -€109,350 | -45.9% |
| Amounts payable after more than one year | 17 | €23,551 | €17,458 | -€6,093 | -25.9% |
| Financial debts | 170/4 | €23,551 | €17,458 | -€6,093 | -25.9% |
| Amounts payable within one year | 42/48 | €214,642 | €111,386 | -€103,256 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €5,861 | €6,093 | +€233 | +4.0% |
| Trade debts | 44 | €185,003 | €98,135 | -€86,868 | -47.0% |
| Suppliers | 440/4 | €185,003 | €98,135 | -€86,868 | -47.0% |
| Taxes, remuneration and social security | 45 | €21,814 | €5,481 | -€16,333 | -74.9% |
| Taxes | 450/3 | €17,677 | - | -€17,677 | |
| Remuneration and social security | 454/9 | €4,137 | €5,481 | +€1,344 | +32.5% |
| Other amounts payable | 47/48 | €1,965 | €1,677 | -€289 | -14.7% |
| Remuneration, social security and pensions | 62 | €308,886 | €346,431 | +€37,545 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,569 | €31,460 | +€13,891 | +79.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€102,901 | -€102,901 | |
| Other operating charges | 640/8 | €7,672 | €8,374 | +€702 | +9.1% |
| Gross operating margin | 9900 | €512,261 | €325,381 | -€186,881 | -36.5% |
| Operating profit (loss) | 9901 | €178,134 | €42,016 | -€136,117 | -76.4% |
| Financial income | 75/76B | €2,266 | €1,124 | -€1,142 | -50.4% |
| Recurring financial income | 75 | €2,266 | €1,124 | -€1,142 | -50.4% |
| Financial charges | 65/66B | -€330 | €1,222 | +€1,552 | |
| Recurring financial charges | 65 | -€330 | €1,222 | +€1,552 | |
| Profit (loss) for the period before taxes | 9903 | €180,730 | €41,919 | -€138,811 | -76.8% |
| Income taxes | 67/77 | €41,622 | €10,249 | -€31,374 | -75.4% |
| Profit (loss) for the period | 9904 | €139,108 | €31,670 | -€107,438 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,108 | €31,670 | -€107,438 | -77.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.