SD CONTAINER: 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 CONTAINER
Largest movements
- Receivables within one year +€51,905
new in 2025: €51,905
- Tangible fixed assets -€4,462
down €4,462 (-13.5%), from €32,962 to €28,501
of which Furniture and vehicles: -€2,301
- Cash -€2,776
no longer reported in 2025 (was €2,776)
mainly Receivables within one year (-€51,905) and Debts after one year (-€50,000)
- Deferred charges and accrued income +€1,005
up €1,005 (+20.9%), from €4,812 to €5,818
- Other debts +€71,597
up €71,597 (+39.7%), from €180,536 to €252,134
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Profit (loss) carried forward +€40,174
up €40,174 (+10.3%), from -€391,427 to -€351,253
- Trade debts -€35,299
down €35,299 (-28.5%), from €123,724 to €88,426
- Short-term financial debts +€19,794
up €19,794 (+79.2%), from €25,000 to €44,794
- Gross operating margin +€187,366
up €187,366, from -€116,219 to €71,148
- Other operating charges -€17,289
down €17,289 (-34.2%), from €50,545 to €33,257
- Financial income +€11,043
up €11,043 (+3081.9%), from €358 to €11,401
- Depreciation -€5,934
down €5,934 (-72.0%), from €8,239 to €2,305
- Financial charges +€1,962
up €1,962 (+40.4%), from €4,851 to €6,813
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 | €43,551 | €89,223 | +€45,673 | +104.9% |
| Fixed assets | 21/28 | €35,962 | €31,501 | -€4,462 | -12.4% |
| Tangible fixed assets | 22/27 | €32,962 | €28,501 | -€4,462 | -13.5% |
| Plant, machinery and equipment | 23 | €15,060 | €12,900 | -€2,160 | -14.3% |
| Furniture and vehicles | 24 | €2,477 | €176 | -€2,301 | -92.9% |
| Other tangible fixed assets | 26 | €15,425 | €15,425 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €7,589 | €57,723 | +€50,134 | +660.6% |
| Amounts receivable within one year | 40/41 | - | €51,905 | +€51,905 | |
| Trade receivables | 40 | - | €51,905 | +€51,905 | |
| Cash at bank and in hand | 54/58 | €2,776 | - | -€2,776 | |
| Deferred charges and accrued income | 490/1 | €4,812 | €5,818 | +€1,005 | +20.9% |
| Total equity and liabilities | 10/49 | €43,551 | €89,223 | +€45,673 | +104.9% |
| Equity | 10/15 | -€343,647 | -€302,853 | +€40,794 | +11.9% |
| Contributions | 10/11 | €17,980 | €18,600 | +€620 | +3.4% |
| Reserves | 13 | €29,800 | €29,800 | = | 0.0% |
| Distributable reserves | 133 | €29,800 | €29,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€391,427 | -€351,253 | +€40,174 | +10.3% |
| Amounts payable | 17/49 | €387,198 | €392,076 | +€4,878 | +1.3% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €337,198 | €392,076 | +€54,878 | +16.3% |
| Financial debts | 43 | €25,000 | €44,794 | +€19,794 | +79.2% |
| Credit institutions | 430/8 | €25,000 | €44,794 | +€19,794 | +79.2% |
| Trade debts | 44 | €123,724 | €88,426 | -€35,299 | -28.5% |
| Suppliers | 440/4 | €123,724 | €88,426 | -€35,299 | -28.5% |
| Taxes, remuneration and social security | 45 | €7,937 | €6,723 | -€1,214 | -15.3% |
| Taxes | 450/3 | €1,887 | €6,723 | +€4,836 | +256.3% |
| Remuneration and social security | 454/9 | €6,050 | - | -€6,050 | |
| Other amounts payable | 47/48 | €180,536 | €252,134 | +€71,597 | +39.7% |
| Non-recurring operating income | 76A | €5,282 | €35,294 | +€30,012 | +568.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,239 | €2,305 | -€5,934 | -72.0% |
| Other operating charges | 640/8 | €50,545 | €33,257 | -€17,289 | -34.2% |
| Gross operating margin | 9900 | -€116,219 | €71,148 | +€187,366 | |
| Operating profit (loss) | 9901 | -€175,003 | €35,586 | +€210,589 | |
| Financial income | 75/76B | €358 | €11,401 | +€11,043 | +3081.9% |
| Recurring financial income | 75 | €358 | €11,401 | +€11,043 | +3081.9% |
| Financial charges | 65/66B | €4,851 | €6,813 | +€1,962 | +40.4% |
| Recurring financial charges | 65 | €4,851 | €6,813 | +€1,962 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€179,496 | €40,174 | +€219,670 | |
| Profit (loss) for the period | 9904 | -€179,496 | €40,174 | +€219,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€179,496 | €40,174 | +€219,670 |
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 8 October 2026 via checked.be.