SD Consulting: 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 Consulting
Largest movements
- Cash +€1,498
up €1,498 (+20.6%), from €7,281 to €8,780
mainly Other debts (+€5,956) and Accrued charges and deferred income (+€3,900)
- Tangible fixed assets -€1,213
down €1,213 (-27.9%), from €4,342 to €3,129
- Receivables within one year +€462
up €462, from €0 to €462
of which Trade receivables: +€462
- Profit (loss) carried forward -€6,954
down €6,954 (-77.8%), from -€8,937 to -€15,891
- Other debts +€5,956
up €5,956 (+81.4%), from €7,313 to €13,269
- Accrued charges and deferred income +€3,900
new in 2025: €3,900
- Tax, wage and social debts -€2,279
down €2,279 (-36.8%), from €6,199 to €3,920
of which Taxes: -€2,279
- Gross operating margin -€3,979
down €3,979 (-453.0%), from -€878 to -€4,857
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 | €11,623 | €12,370 | +€747 | +6.4% |
| Fixed assets | 21/28 | €4,342 | €3,129 | -€1,213 | -27.9% |
| Tangible fixed assets | 22/27 | €4,342 | €3,129 | -€1,213 | -27.9% |
| Furniture and vehicles | 24 | €4,342 | €3,129 | -€1,213 | -27.9% |
| Current assets | 29/58 | €7,281 | €9,242 | +€1,960 | +26.9% |
| Amounts receivable within one year | 40/41 | €0 | €462 | +€462 | |
| Trade receivables | 40 | - | €462 | +€462 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,281 | €8,780 | +€1,498 | +20.6% |
| Total equity and liabilities | 10/49 | €11,623 | €12,370 | +€747 | +6.4% |
| Equity | 10/15 | -€2,737 | -€9,691 | -€6,954 | -254.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,937 | -€15,891 | -€6,954 | -77.8% |
| Amounts payable | 17/49 | €14,360 | €22,061 | +€7,701 | +53.6% |
| Amounts payable within one year | 42/48 | €14,360 | €18,161 | +€3,801 | +26.5% |
| Trade debts | 44 | €848 | €971 | +€124 | +14.6% |
| Suppliers | 440/4 | €848 | €971 | +€124 | +14.6% |
| Taxes, remuneration and social security | 45 | €6,199 | €3,920 | -€2,279 | -36.8% |
| Taxes | 450/3 | €6,199 | €3,920 | -€2,279 | -36.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,313 | €13,269 | +€5,956 | +81.4% |
| Accrued charges and deferred income | 492/3 | - | €3,900 | +€3,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €1,213 | +€31 | +2.6% |
| Other operating charges | 640/8 | €663 | €689 | +€26 | +3.9% |
| Gross operating margin | 9900 | -€878 | -€4,857 | -€3,979 | -453.0% |
| Operating profit (loss) | 9901 | -€2,724 | -€6,759 | -€4,035 | -148.1% |
| Financial charges | 65/66B | €185 | €195 | +€10 | +5.6% |
| Recurring financial charges | 65 | €185 | €195 | +€10 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,909 | -€6,954 | -€4,046 | -139.1% |
| Profit (loss) for the period | 9904 | -€2,909 | -€6,954 | -€4,046 | -139.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,909 | -€6,954 | -€4,046 | -139.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.