SD ACCOUNTANCE: 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.
SD ACCOUNTANCE
Largest movements
- Receivables within one year +€23,519
up €23,519 (+42.4%), from €55,491 to €79,010
of which Trade receivables: +€21,610
- Cash +€5,237
up €5,237 (+25,800%), from €20 to €5,258
mainly Trade debts (+€44,107) and Contributions, distributions and other (+€4,777)
- Trade debts +€44,107
up €44,107 (+633%), from €6,970 to €51,076
- Other debts -€21,522
down €21,522 (-56.3%), from €38,194 to €16,672
- Tax, wage and social debts +€4,229
up €4,229 (+110%), from €3,859 to €8,088
of which Taxes: +€4,501
- Reserves +€1,304
up €1,304 (+21.0%), from €6,199 to €7,504
- Gross operating margin -€10,337
down €10,337, from €8,307 to -€2,031
- Other operating charges -€758
down €758 (-71.9%), from €1,055 to €297
- Taxes +€411
new in 2022: €411
- Depreciation +€266
up €266 (+71.4%), from €372 to €638
From the 2021 result to the 2022 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.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,722 | €89,840 | +€28,118 | +45.6% |
| Fixed assets | 21/28 | €6,211 | €5,573 | -€638 | -10.3% |
| Tangible fixed assets | 22/27 | €6,011 | €5,373 | -€638 | -10.6% |
| Plant, machinery and equipment | 23 | €6,011 | €5,373 | -€638 | -10.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €55,511 | €84,268 | +€28,756 | +51.8% |
| Amounts receivable within one year | 40/41 | €55,491 | €79,010 | +€23,519 | +42.4% |
| Trade receivables | 40 | €55,491 | €77,101 | +€21,610 | +38.9% |
| Other amounts receivable | 41 | - | €1,909 | +€1,909 | |
| Cash at bank and in hand | 54/58 | €20 | €5,258 | +€5,237 | +25,800% |
| Total equity and liabilities | 10/49 | €61,722 | €89,840 | +€28,118 | +45.6% |
| Equity | 10/15 | €12,699 | €14,004 | +€1,304 | +10.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €6,199 | €7,504 | +€1,304 | +21.0% |
| Distributable reserves | 133 | €6,199 | €7,504 | +€1,304 | +21.0% |
| Amounts payable | 17/49 | €49,023 | €75,837 | +€26,814 | +54.7% |
| Amounts payable within one year | 42/48 | €49,023 | €75,837 | +€26,814 | +54.7% |
| Trade debts | 44 | €6,970 | €51,076 | +€44,107 | +633% |
| Suppliers | 440/4 | €6,970 | €51,076 | +€44,107 | +633% |
| Taxes, remuneration and social security | 45 | €3,859 | €8,088 | +€4,229 | +110% |
| Taxes | 450/3 | €1,980 | €6,482 | +€4,501 | +227% |
| Remuneration and social security | 454/9 | €1,879 | €1,607 | -€272 | -14.5% |
| Other amounts payable | 47/48 | €38,194 | €16,672 | -€21,522 | -56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €638 | +€266 | +71.4% |
| Other operating charges | 640/8 | €1,055 | €297 | -€758 | -71.9% |
| Gross operating margin | 9900 | €8,307 | -€2,031 | -€10,337 | |
| Operating profit (loss) | 9901 | €6,879 | -€2,966 | -€9,845 | |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €91 | €96 | +€5 | +5.5% |
| Recurring financial charges | 65 | €91 | €96 | +€5 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €6,811 | -€3,061 | -€9,872 | |
| Income taxes | 67/77 | - | €411 | +€411 | |
| Profit (loss) for the period | 9904 | €6,811 | -€3,472 | -€10,283 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,811 | -€3,472 | -€10,283 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.