SD BIZNESS: what changed
What changed
SD BIZNESS
NACE 47.792, Retail sale of second-hand clothing
filed annual accounts (NBB)
Net result for the year
€8,551
2024 · €10,171-€1,621
Equity
€7,452
2024 · -€1,098+€8,551
Cash
€6,008
2024 · €2,912+€3,096
Balance sheet total
€321,400
2024 · €279,246+€42,154
Largest movements
Assets
- Tangible fixed assets +€39,273
up €39,273 (+18.4%), from €213,255 to €252,527
- Receivables within one year -€3,214
down €3,214 (-9.7%), from €33,079 to €29,865
of which Trade receivables: -€3,214
Equity and liabilities
- Trade debts +€28,253
up €28,253 (+1,363%), from €2,073 to €30,326
- Debts after one year +€12,761
up €12,761 (+5.4%), from €234,758 to €247,519
- Other debts -€10,000
down €10,000 (-36.0%), from €27,774 to €17,774
- Profit (loss) carried forward +€8,551
up €8,551, from -€7,298 to €1,252
Income statement
- Depreciation +€3,948
up €3,948 (+53.9%), from €7,320 to €11,268
- Gross operating margin +€3,624
up €3,624 (+11.7%), from €30,871 to €34,495
- Financial charges +€2,422
up €2,422 (+22.4%), from €10,827 to €13,249
- Staff costs -€661
down €661 (-100%), from €661 to €0
- Other operating charges -€465
down €465 (-24.6%), from €1,893 to €1,428
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€10,171
Gross operating margin
+€3,624
Staff costs
+€661
Depreciation
-€3,948
Other operating charges
+€465
Financial income
+€0
Financial charges
-€2,422
Result 2025
€8,551
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,982
Investment
-€50,541
Financing
+€14,655
Cash 2024
€2,912
From operations (derived)
+€38,982
Net result for the year
+€8,551
Depreciation
+€11,268
Receivables within one year
+€3,214
Deferred charges and accrued income
-€3,000
Trade debts
+€28,253
Tax, wage and social debts
+€641
Other debts
-€10,000
Accrued charges and deferred income
+€55
Investment (derived)
-€50,541
Investment in fixed assets (net)
-€50,541
Financing
+€14,655
Debts after one year
+€12,761
Current portion of long-term debt
+€1,894
Cash 2025
€6,008
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,246 | €321,400 | +€42,154 | +15.1% |
| Fixed assets | 21/28 | €243,255 | €282,527 | +€39,273 | +16.1% |
| Tangible fixed assets | 22/27 | €213,255 | €252,527 | +€39,273 | +18.4% |
| Land and buildings | 22 | €213,255 | €252,527 | +€39,273 | +18.4% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €35,991 | €38,872 | +€2,882 | +8.0% |
| Amounts receivable within one year | 40/41 | €33,079 | €29,865 | -€3,214 | -9.7% |
| Trade receivables | 40 | €3,468 | €253 | -€3,214 | -92.7% |
| Other amounts receivable | 41 | €29,611 | €29,611 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,912 | €6,008 | +€3,096 | +106% |
| Deferred charges and accrued income | 490/1 | - | €3,000 | +€3,000 | |
| Total equity and liabilities | 10/49 | €279,246 | €321,400 | +€42,154 | +15.1% |
| Equity | 10/15 | -€1,098 | €7,452 | +€8,551 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,298 | €1,252 | +€8,551 | |
| Amounts payable | 17/49 | €280,344 | €313,948 | +€33,604 | +12.0% |
| Amounts payable after more than one year | 17 | €234,758 | €247,519 | +€12,761 | +5.4% |
| Financial debts | 170/4 | €234,758 | €247,519 | +€12,761 | +5.4% |
| Amounts payable within one year | 42/48 | €45,586 | €66,374 | +€20,787 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €15,397 | €17,291 | +€1,894 | +12.3% |
| Trade debts | 44 | €2,073 | €30,326 | +€28,253 | +1,363% |
| Suppliers | 440/4 | €2,073 | €30,326 | +€28,253 | +1,363% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €342 | €983 | +€641 | +187% |
| Taxes | 450/3 | €342 | €983 | +€641 | +187% |
| Other amounts payable | 47/48 | €27,774 | €17,774 | -€10,000 | -36.0% |
| Accrued charges and deferred income | 492/3 | - | €55 | +€55 | |
| Remuneration, social security and pensions | 62 | €661 | €0 | -€661 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,320 | €11,268 | +€3,948 | +53.9% |
| Other operating charges | 640/8 | €1,893 | €1,428 | -€465 | -24.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €30,871 | €34,495 | +€3,624 | +11.7% |
| Operating profit (loss) | 9901 | €20,998 | €21,799 | +€801 | +3.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,827 | €13,249 | +€2,422 | +22.4% |
| Recurring financial charges | 65 | €10,827 | €13,249 | +€2,422 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €10,171 | €8,551 | -€1,621 | -15.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €10,171 | €8,551 | -€1,621 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,171 | €8,551 | -€1,621 | -15.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.