SBTheChange: 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.
SBTheChange
Largest movements
- Cash -€9,131
down €9,131 (-84.8%), from €10,768 to €1,637
mainly Net result for the year (-€19,411) and Tax, wage and social debts (-€7,305)
- Receivables within one year -€4,545
down €4,545 (-64.4%), from €7,053 to €2,508
of which Trade receivables: -€4,545
- Profit (loss) carried forward -€19,411
down €19,411 (-225.6%), from -€8,603 to -€28,014
- Other debts +€12,737
up €12,737 (+1025.7%), from €1,242 to €13,979
- Tax, wage and social debts -€7,305
down €7,305 (-72.9%), from €10,017 to €2,712
of which Remuneration and social security: -€5,139
- Trade debts +€186
up €186 (+5.6%), from €3,341 to €3,528
- Gross operating margin -€31,314
down €31,314, from €13,061 to -€18,253
- Other operating charges +€285
up €285 (+61.2%), from €466 to €751
- Depreciation -€252
down €252 (-68.5%), from €367 to €116
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 | €17,997 | €4,205 | -€13,792 | -76.6% |
| Fixed assets | 21/28 | €176 | €60 | -€116 | -65.9% |
| Tangible fixed assets | 22/27 | €116 | €0 | -€116 | -100.0% |
| Furniture and vehicles | 24 | €116 | €0 | -€116 | -100.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €17,821 | €4,145 | -€13,676 | -76.7% |
| Amounts receivable within one year | 40/41 | €7,053 | €2,508 | -€4,545 | -64.4% |
| Trade receivables | 40 | €7,053 | €2,508 | -€4,545 | -64.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,768 | €1,637 | -€9,131 | -84.8% |
| Total equity and liabilities | 10/49 | €17,997 | €4,205 | -€13,792 | -76.6% |
| Equity | 10/15 | €3,397 | -€16,014 | -€19,411 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,603 | -€28,014 | -€19,411 | -225.6% |
| Amounts payable | 17/49 | €14,600 | €20,219 | +€5,619 | +38.5% |
| Amounts payable within one year | 42/48 | €14,600 | €20,219 | +€5,619 | +38.5% |
| Trade debts | 44 | €3,341 | €3,528 | +€186 | +5.6% |
| Suppliers | 440/4 | €3,341 | €3,528 | +€186 | +5.6% |
| Taxes, remuneration and social security | 45 | €10,017 | €2,712 | -€7,305 | -72.9% |
| Taxes | 450/3 | €4,878 | €2,712 | -€2,166 | -44.4% |
| Remuneration and social security | 454/9 | €5,139 | €0 | -€5,139 | -100.0% |
| Other amounts payable | 47/48 | €1,242 | €13,979 | +€12,737 | +1025.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €116 | -€252 | -68.5% |
| Other operating charges | 640/8 | €466 | €751 | +€285 | +61.2% |
| Gross operating margin | 9900 | €13,061 | -€18,253 | -€31,314 | |
| Operating profit (loss) | 9901 | €12,228 | -€19,120 | -€31,348 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +10.9% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €12,093 | -€19,270 | -€31,362 | |
| Income taxes | 67/77 | €149 | €141 | -€8 | -5.2% |
| Profit (loss) for the period | 9904 | €11,944 | -€19,411 | -€31,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,944 | -€19,411 | -€31,355 |
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 10 October 2026 via checked.be.