SD BUILD: what changed
Two fiscal 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 BUILD
Largest movements
- Receivables within one year +€41,486
up €41,486 (+95.7%), from €43,361 to €84,847
of which Trade receivables: +€24,276
- Cash +€9,146
up €9,146 (+39.2%), from €23,333 to €32,479
mainly Trade debts (+€37,464) and Net result for the year (+€13,332)
- Tangible fixed assets -€1,941
down €1,941 (-57.2%), from €3,392 to €1,451
of which Furniture and vehicles: -€1,235
- Trade debts +€37,464
up €37,464 (+137.9%), from €27,175 to €64,639
- Profit (loss) carried forward +€13,332
up €13,332 (+38.5%), from €34,653 to €47,985
- Tax, wage and social debts -€1,931
down €1,931 (-24.2%), from €7,979 to €6,047
- Turnover +€206,704
up €206,704 (+24.1%), from €857,134 to €1.1m
- Purchases and services +€204,156
up €204,156 (+24.3%), from €839,601 to €1.0m
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 | €70,306 | €119,171 | +€48,865 | +69.5% |
| Fixed assets | 21/28 | €3,392 | €1,451 | -€1,941 | -57.2% |
| Tangible fixed assets | 22/27 | €3,392 | €1,451 | -€1,941 | -57.2% |
| Plant, machinery and equipment | 23 | €1,171 | €464 | -€706 | -60.3% |
| Furniture and vehicles | 24 | €2,221 | €987 | -€1,235 | -55.6% |
| Current assets | 29/58 | €66,914 | €117,720 | +€50,806 | +75.9% |
| Amounts receivable within one year | 40/41 | €43,361 | €84,847 | +€41,486 | +95.7% |
| Trade receivables | 40 | €6,255 | €30,531 | +€24,276 | +388.1% |
| Other amounts receivable | 41 | €37,106 | €54,316 | +€17,210 | +46.4% |
| Cash at bank and in hand | 54/58 | €23,333 | €32,479 | +€9,146 | +39.2% |
| Deferred charges and accrued income | 490/1 | €220 | €395 | +€175 | +79.2% |
| Total equity and liabilities | 10/49 | €70,306 | €119,171 | +€48,865 | +69.5% |
| Equity | 10/15 | €35,153 | €48,485 | +€13,332 | +37.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,653 | €47,985 | +€13,332 | +38.5% |
| Amounts payable | 17/49 | €35,153 | €70,686 | +€35,533 | +101.1% |
| Amounts payable within one year | 42/48 | €35,153 | €70,686 | +€35,533 | +101.1% |
| Trade debts | 44 | €27,175 | €64,639 | +€37,464 | +137.9% |
| Suppliers | 440/4 | €27,175 | €64,639 | +€37,464 | +137.9% |
| Taxes, remuneration and social security | 45 | €7,979 | €6,047 | -€1,931 | -24.2% |
| Taxes | 450/3 | €7,979 | €6,047 | -€1,931 | -24.2% |
| Turnover | 70 | €857,134 | €1,063,839 | +€206,704 | +24.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €839,601 | €1,043,757 | +€204,156 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,769 | €1,941 | -€1,828 | -48.5% |
| Other operating charges | 640/8 | €1,707 | €1,820 | +€114 | +6.7% |
| Gross operating margin | 9900 | €19,864 | €23,597 | +€3,733 | +18.8% |
| Operating profit (loss) | 9901 | €14,389 | €19,836 | +€5,447 | +37.9% |
| Financial income | 75/76B | €1 | €6 | +€5 | +883.6% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +883.6% |
| Financial charges | 65/66B | €353 | €462 | +€109 | +30.9% |
| Recurring financial charges | 65 | €353 | €462 | +€109 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €14,037 | €19,380 | +€5,343 | +38.1% |
| Income taxes | 67/77 | €4,847 | €6,047 | +€1,201 | +24.8% |
| Profit (loss) for the period | 9904 | €9,190 | €13,332 | +€4,142 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,190 | €13,332 | +€4,142 | +45.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.