SD BUSINESS: what changed
SD BUSINESS
Largest movements
- Tangible fixed assets +€4,717
up €4,717 (+47.2%), from €10,000 to €14,717
of which Other tangible fixed assets: +€4,717
- Cash +€1,280
up €1,280 (+281%), from €456 to €1,736
mainly Other debts (+€27,000) and Net result for the year (+€4,231)
- Stocks and contracts -€700
down €700 (-2.3%), from €30,741 to €30,041
- Other debts +€27,000
new in 2024: €27,000
- Trade debts -€26,690
down €26,690 (-64.6%), from €41,305 to €14,615
- Profit (loss) carried forward +€4,231
up €4,231 (+87.8%), from -€4,821 to -€590
- Tax, wage and social debts +€469
new in 2024: €469
- Turnover +€202,469
up €202,469 (+105%), from €192,041 to €394,510
- Purchases and services +€192,645
up €192,645 (+98.9%), from €194,815 to €387,460
- Gross operating margin +€9,824
up €9,824, from -€2,774 to €7,050
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,484 | €46,494 | +€5,010 | +12.1% |
| Fixed assets | 21/28 | €10,000 | €14,717 | +€4,717 | +47.2% |
| Tangible fixed assets | 22/27 | €10,000 | €14,717 | +€4,717 | +47.2% |
| Furniture and vehicles | 24 | €10,000 | €10,000 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €4,717 | +€4,717 | |
| Current assets | 29/58 | €31,484 | €31,777 | +€293 | +0.9% |
| Stocks and contracts in progress | 3 | €30,741 | €30,041 | -€700 | -2.3% |
| Stocks | 30/36 | €30,741 | €30,041 | -€700 | -2.3% |
| Amounts receivable within one year | 40/41 | €287 | - | -€287 | |
| Other amounts receivable | 41 | €287 | - | -€287 | |
| Cash at bank and in hand | 54/58 | €456 | €1,736 | +€1,280 | +281% |
| Total equity and liabilities | 10/49 | €41,484 | €46,494 | +€5,010 | +12.1% |
| Equity | 10/15 | €179 | €4,410 | +€4,231 | +2,364% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,821 | -€590 | +€4,231 | +87.8% |
| Amounts payable | 17/49 | €41,305 | €42,084 | +€779 | +1.9% |
| Amounts payable within one year | 42/48 | €41,305 | €42,084 | +€779 | +1.9% |
| Trade debts | 44 | €41,305 | €14,615 | -€26,690 | -64.6% |
| Suppliers | 440/4 | €41,305 | €14,615 | -€26,690 | -64.6% |
| Taxes, remuneration and social security | 45 | - | €469 | +€469 | |
| Taxes | 450/3 | - | €469 | +€469 | |
| Other amounts payable | 47/48 | - | €27,000 | +€27,000 | |
| Turnover | 70 | €192,041 | €394,510 | +€202,469 | +105% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,815 | €387,460 | +€192,645 | +98.9% |
| Remuneration, social security and pensions | 62 | - | €122 | +€122 | |
| Other operating charges | 640/8 | €1,634 | €2,697 | +€1,063 | +65.1% |
| Gross operating margin | 9900 | -€2,774 | €7,050 | +€9,824 | |
| Operating profit (loss) | 9901 | -€4,408 | €4,231 | +€8,639 | |
| Financial charges | 65/66B | €413 | - | -€413 | |
| Recurring financial charges | 65 | €413 | - | -€413 | |
| Profit (loss) for the period before taxes | 9903 | -€4,821 | €4,231 | +€9,052 | |
| Profit (loss) for the period | 9904 | -€4,821 | €4,231 | +€9,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,821 | €4,231 | +€9,052 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.