SBS Solutions: 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 Solutions
Largest movements
- Cash +€46,673
up €46,673 (+33.2%), from €140,495 to €187,167
mainly Depreciation (+€66,575) and Net result for the year (+€62,138)
- Tangible fixed assets -€19,166
down €19,166 (-2.0%), from €948,984 to €929,818
of which Other tangible fixed assets: -€22,819
- Reserves +€63,264
up €63,264 (+27.6%), from €229,000 to €292,264
- Other debts -€60,797
no longer reported in 2025 (was €60,797)
- Tax, wage and social debts +€48,126
up €48,126 (+58.9%), from €81,720 to €129,846
of which Taxes: +€30,342
- Debts after one year -€44,282
down €44,282 (-5.7%), from €779,851 to €735,569
- Current portion of long-term debt +€27,766
up €27,766 (+65.4%), from €42,432 to €70,197
- Gross operating margin +€235,368
up €235,368 (+36.4%), from €646,176 to €881,544
- Staff costs +€124,137
up €124,137 (+25.6%), from €484,632 to €608,769
- Taxes +€56,975
up €56,975 (+314.1%), from €18,137 to €75,113
- Other operating charges -€31,340
down €31,340 (-56.8%), from €55,167 to €23,828
- Depreciation +€20,277
up €20,277 (+43.8%), from €46,298 to €66,575
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 | €1,241,061 | €1,270,539 | +€29,478 | +2.4% |
| Fixed assets | 21/28 | €949,196 | €930,030 | -€19,166 | -2.0% |
| Tangible fixed assets | 22/27 | €948,984 | €929,818 | -€19,166 | -2.0% |
| Land and buildings | 22 | €905,453 | €912,236 | +€6,783 | +0.7% |
| Furniture and vehicles | 24 | €14,749 | €11,619 | -€3,130 | -21.2% |
| Other tangible fixed assets | 26 | €28,782 | €5,963 | -€22,819 | -79.3% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €291,865 | €340,508 | +€48,644 | +16.7% |
| Amounts receivable within one year | 40/41 | €147,422 | €138,468 | -€8,954 | -6.1% |
| Trade receivables | 40 | €141,544 | €129,422 | -€12,122 | -8.6% |
| Other amounts receivable | 41 | €5,879 | €9,046 | +€3,167 | +53.9% |
| Cash at bank and in hand | 54/58 | €140,495 | €187,167 | +€46,673 | +33.2% |
| Deferred charges and accrued income | 490/1 | €3,948 | €14,873 | +€10,925 | +276.7% |
| Total equity and liabilities | 10/49 | €1,241,061 | €1,270,539 | +€29,478 | +2.4% |
| Equity | 10/15 | €236,126 | €298,264 | +€62,138 | +26.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €229,000 | €292,264 | +€63,264 | +27.6% |
| Distributable reserves | 133 | €229,000 | €292,264 | +€63,264 | +27.6% |
| Profit (loss) carried forward | 14 | €1,126 | - | -€1,126 | |
| Amounts payable | 17/49 | €1,004,935 | €972,275 | -€32,660 | -3.2% |
| Amounts payable after more than one year | 17 | €779,851 | €735,569 | -€44,282 | -5.7% |
| Financial debts | 170/4 | €779,851 | €735,569 | -€44,282 | -5.7% |
| Amounts payable within one year | 42/48 | €224,734 | €236,706 | +€11,972 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €42,432 | €70,197 | +€27,766 | +65.4% |
| Trade debts | 44 | €39,786 | €36,663 | -€3,123 | -7.8% |
| Suppliers | 440/4 | €39,786 | €36,663 | -€3,123 | -7.8% |
| Taxes, remuneration and social security | 45 | €81,720 | €129,846 | +€48,126 | +58.9% |
| Taxes | 450/3 | €51,838 | €82,180 | +€30,342 | +58.5% |
| Remuneration and social security | 454/9 | €29,882 | €47,666 | +€17,784 | +59.5% |
| Other amounts payable | 47/48 | €60,797 | - | -€60,797 | |
| Accrued charges and deferred income | 492/3 | €350 | - | -€350 | |
| Non-recurring operating income | 76A | - | €7,136 | +€7,136 | |
| Remuneration, social security and pensions | 62 | €484,632 | €608,769 | +€124,137 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,298 | €66,575 | +€20,277 | +43.8% |
| Other operating charges | 640/8 | €55,167 | €23,828 | -€31,340 | -56.8% |
| Gross operating margin | 9900 | €646,176 | €881,544 | +€235,368 | +36.4% |
| Operating profit (loss) | 9901 | €60,079 | €182,373 | +€122,294 | +203.6% |
| Financial income | 75/76B | €70 | €11 | -€59 | -83.9% |
| Recurring financial income | 75 | €70 | €11 | -€59 | -83.9% |
| Financial charges | 65/66B | €29,510 | €45,134 | +€15,624 | +52.9% |
| Recurring financial charges | 65 | €29,510 | €45,134 | +€15,624 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €30,640 | €137,250 | +€106,610 | +347.9% |
| Income taxes | 67/77 | €18,137 | €75,113 | +€56,975 | +314.1% |
| Profit (loss) for the period | 9904 | €12,503 | €62,138 | +€49,635 | +397.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,503 | €62,138 | +€49,635 | +397.0% |
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 5 October 2026 via checked.be.