SD Consultancy & Art: 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 Consultancy & Art
Largest movements
- Cash -€2,499
down €2,499 (-7.1%), from €35,072 to €32,573
mainly Net result for the year (-€1,601) and Trade debts (-€508)
- Profit (loss) carried forward -€1,601
down €1,601 (-28.5%), from -€5,624 to -€7,225
- Trade debts -€508
no longer reported in 2025 (was €508)
- Other debts -€390
down €390 (-1.2%), from €32,205 to €31,816
- Gross operating margin +€564
up €564 (+28.3%), from -€1,991 to -€1,427
- Other operating charges -€385
down €385 (-76.3%), from €505 to €120
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.
Derived cash bridge
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 | €35,524 | €33,026 | -€2,499 | -7.0% |
| Current assets | 29/58 | €35,524 | €33,026 | -€2,499 | -7.0% |
| Amounts receivable within one year | 40/41 | €452 | €452 | = | 0.0% |
| Other amounts receivable | 41 | €452 | €452 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,072 | €32,573 | -€2,499 | -7.1% |
| Total equity and liabilities | 10/49 | €35,524 | €33,026 | -€2,499 | -7.0% |
| Equity | 10/15 | €2,811 | €1,210 | -€1,601 | -57.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,435 | €5,435 | = | 0.0% |
| Distributable reserves | 133 | €5,435 | €5,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,624 | -€7,225 | -€1,601 | -28.5% |
| Amounts payable | 17/49 | €32,713 | €31,816 | -€898 | -2.7% |
| Amounts payable within one year | 42/48 | €32,713 | €31,816 | -€898 | -2.7% |
| Trade debts | 44 | €508 | - | -€508 | |
| Suppliers | 440/4 | €508 | - | -€508 | |
| Other amounts payable | 47/48 | €32,205 | €31,816 | -€390 | -1.2% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | -€1,991 | -€1,427 | +€564 | +28.3% |
| Operating profit (loss) | 9901 | -€2,496 | -€1,547 | +€949 | +38.0% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,547 | -€1,601 | +€946 | +37.2% |
| Profit (loss) for the period | 9904 | -€2,547 | -€1,601 | +€946 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,547 | -€1,601 | +€946 | +37.2% |
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 31 October 2026 via checked.be.