SBS Tech: what changed
Two financial 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 Tech
Largest movements
- Deferred charges and accrued income -€13,914
down €13,914 (-78.8%), from €17,650 to €3,736
- Tangible fixed assets -€8,743
down €8,743 (-21.4%), from €40,874 to €32,131
- Cash -€3,896
down €3,896 (-25.3%), from €15,413 to €11,517
mainly Other debts (-€24,172) and Debts after one year (-€6,020)
- Receivables within one year -€2,320
down €2,320 (-12.1%), from €19,147 to €16,827
of which Trade receivables: -€2,683
- Other debts -€24,172
down €24,172 (-32.6%), from €74,074 to €49,902
- Debts after one year -€6,020
down €6,020 (-5.4%), from €111,816 to €105,796
- Profit (loss) carried forward +€2,756
up €2,756 (+2.1%), from -€129,656 to -€126,901
- Tax, wage and social debts -€2,200
no longer reported in 2025 (was €2,200)
- Accrued charges and deferred income +€1,230
up €1,230 (+119.2%), from €1,032 to €2,262
- Gross operating margin -€67,008
down €67,008 (-82.3%), from €81,424 to €14,416
- Depreciation +€5,901
up €5,901 (+207.6%), from €2,843 to €8,743
- Financial charges +€1,811
up €1,811 (+871.7%), from €208 to €2,019
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 | €93,085 | €64,211 | -€28,874 | -31.0% |
| Fixed assets | 21/28 | €40,874 | €32,131 | -€8,743 | -21.4% |
| Tangible fixed assets | 22/27 | €40,874 | €32,131 | -€8,743 | -21.4% |
| Furniture and vehicles | 24 | €40,874 | €32,131 | -€8,743 | -21.4% |
| Current assets | 29/58 | €52,210 | €32,080 | -€20,130 | -38.6% |
| Amounts receivable within one year | 40/41 | €19,147 | €16,827 | -€2,320 | -12.1% |
| Trade receivables | 40 | €16,895 | €14,213 | -€2,683 | -15.9% |
| Other amounts receivable | 41 | €2,252 | €2,614 | +€362 | +16.1% |
| Cash at bank and in hand | 54/58 | €15,413 | €11,517 | -€3,896 | -25.3% |
| Deferred charges and accrued income | 490/1 | €17,650 | €3,736 | -€13,914 | -78.8% |
| Total equity and liabilities | 10/49 | €93,085 | €64,211 | -€28,874 | -31.0% |
| Equity | 10/15 | -€111,056 | -€108,301 | +€2,756 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,656 | -€126,901 | +€2,756 | +2.1% |
| Amounts payable | 17/49 | €204,141 | €172,512 | -€31,630 | -15.5% |
| Amounts payable after more than one year | 17 | €111,816 | €105,796 | -€6,020 | -5.4% |
| Financial debts | 170/4 | €111,816 | €105,796 | -€6,020 | -5.4% |
| Amounts payable within one year | 42/48 | €91,293 | €64,453 | -€26,840 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €14,144 | €14,322 | +€178 | +1.3% |
| Trade debts | 44 | €875 | €229 | -€646 | -73.8% |
| Suppliers | 440/4 | €875 | €229 | -€646 | -73.8% |
| Taxes, remuneration and social security | 45 | €2,200 | - | -€2,200 | |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €74,074 | €49,902 | -€24,172 | -32.6% |
| Accrued charges and deferred income | 492/3 | €1,032 | €2,262 | +€1,230 | +119.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,843 | €8,743 | +€5,901 | +207.6% |
| Other operating charges | 640/8 | €596 | €899 | +€303 | +50.9% |
| Gross operating margin | 9900 | €81,424 | €14,416 | -€67,008 | -82.3% |
| Operating profit (loss) | 9901 | €77,986 | €4,774 | -€73,212 | -93.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -84.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -84.2% |
| Financial charges | 65/66B | €208 | €2,019 | +€1,811 | +871.7% |
| Recurring financial charges | 65 | €208 | €2,019 | +€1,811 | +871.7% |
| Profit (loss) for the period before taxes | 9903 | €77,779 | €2,756 | -€75,024 | -96.5% |
| Profit (loss) for the period | 9904 | €77,779 | €2,756 | -€75,024 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,779 | €2,756 | -€75,024 | -96.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.