SBS-TECHNICS: 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-TECHNICS
Largest movements
- Receivables within one year -€42,889
down €42,889 (-81.3%), from €52,772 to €9,883
of which Other amounts receivable: -€35,226
- Tangible fixed assets -€12,136
down €12,136 (-4.1%), from €296,378 to €284,242
of which Furniture and vehicles: -€6,988
- Profit (loss) carried forward -€30,412
down €30,412 (-58.8%), from €51,698 to €21,286
- Debts after one year -€18,781
down €18,781 (-8.0%), from €234,829 to €216,048
- Short-term financial debts -€6,323
down €6,323 (-22.0%), from €28,731 to €22,409
- Other debts -€3,689
down €3,689 (-83.6%), from €4,412 to €723
- Gross operating margin +€24,372
up €24,372, from -€23,324 to €1,049
- Financial charges -€1,034
down €1,034 (-11.9%), from €8,704 to €7,670
- Depreciation -€909
down €909 (-3.9%), from €23,189 to €22,280
- Other operating charges -€756
down €756 (-34.4%), from €2,200 to €1,444
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 | €363,581 | €307,632 | -€55,948 | -15.4% |
| Fixed assets | 21/28 | €296,378 | €284,798 | -€11,580 | -3.9% |
| Tangible fixed assets | 22/27 | €296,378 | €284,242 | -€12,136 | -4.1% |
| Land and buildings | 22 | €270,420 | €267,359 | -€3,061 | -1.1% |
| Plant, machinery and equipment | 23 | €5,978 | €3,891 | -€2,087 | -34.9% |
| Furniture and vehicles | 24 | €19,980 | €12,992 | -€6,988 | -35.0% |
| Financial fixed assets | 28 | - | €556 | +€556 | |
| Current assets | 29/58 | €67,203 | €22,835 | -€44,369 | -66.0% |
| Amounts receivable within one year | 40/41 | €52,772 | €9,883 | -€42,889 | -81.3% |
| Trade receivables | 40 | €7,663 | €0 | -€7,663 | -100.0% |
| Other amounts receivable | 41 | €45,109 | €9,883 | -€35,226 | -78.1% |
| Current investments | 50/53 | €10,917 | €10,917 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €3,514 | €0 | -€3,514 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,035 | +€2,035 | |
| Total equity and liabilities | 10/49 | €363,581 | €307,632 | -€55,948 | -15.4% |
| Equity | 10/15 | €71,698 | €41,286 | -€30,412 | -42.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,698 | €21,286 | -€30,412 | -58.8% |
| Amounts payable | 17/49 | €291,883 | €266,347 | -€25,536 | -8.7% |
| Amounts payable after more than one year | 17 | €234,829 | €216,048 | -€18,781 | -8.0% |
| Financial debts | 170/4 | €234,829 | €216,048 | -€18,781 | -8.0% |
| Amounts payable within one year | 42/48 | €57,054 | €50,299 | -€6,755 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €18,330 | €18,781 | +€451 | +2.5% |
| Financial debts | 43 | €28,731 | €22,409 | -€6,323 | -22.0% |
| Credit institutions | 430/8 | €28,731 | €22,409 | -€6,323 | -22.0% |
| Trade debts | 44 | €5,325 | €8,263 | +€2,938 | +55.2% |
| Suppliers | 440/4 | €5,325 | €8,263 | +€2,938 | +55.2% |
| Taxes, remuneration and social security | 45 | €256 | €123 | -€133 | -52.0% |
| Taxes | 450/3 | €256 | €123 | -€133 | -52.0% |
| Other amounts payable | 47/48 | €4,412 | €723 | -€3,689 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,189 | €22,280 | -€909 | -3.9% |
| Other operating charges | 640/8 | €2,200 | €1,444 | -€756 | -34.4% |
| Gross operating margin | 9900 | -€23,324 | €1,049 | +€24,372 | |
| Operating profit (loss) | 9901 | -€48,712 | -€22,675 | +€26,038 | +53.5% |
| Financial income | 75/76B | €3 | €166 | +€164 | +5561.6% |
| Recurring financial income | 75 | €3 | €166 | +€164 | +5561.6% |
| Financial charges | 65/66B | €8,704 | €7,670 | -€1,034 | -11.9% |
| Recurring financial charges | 65 | €8,704 | €7,670 | -€1,034 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,413 | -€30,178 | +€27,235 | +47.4% |
| Income taxes | 67/77 | €256 | €234 | -€22 | -8.7% |
| Profit (loss) for the period | 9904 | -€57,669 | -€30,412 | +€27,257 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,669 | -€30,412 | +€27,257 | +47.3% |
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.