SD-Ict: 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-Ict
Largest movements
- Receivables within one year -€10,349
down €10,349 (-54.5%), from €18,973 to €8,624
of which Trade receivables: -€10,362
- Cash -€4,716
down €4,716 (-12.2%), from €38,611 to €33,895
mainly Investment in fixed assets (net) (-€8,449) and Trade debts (-€7,106)
- Tangible fixed assets +€4,615
up €4,615 (+54.6%), from €8,458 to €13,073
of which Furniture and vehicles: +€4,134
- Trade debts -€7,106
no longer reported in 2025 (was €7,106)
- Profit (loss) carried forward -€2,124
down €2,124 (-36.0%), from -€5,894 to -€8,018
- Tax, wage and social debts -€876
down €876 (-6.5%), from €13,549 to €12,672
of which Taxes: -€5,620
- Gross operating margin -€14,318
down €14,318 (-80.1%), from €17,876 to €3,558
- Taxes -€6,849
down €6,849, from €6,364 to -€485
- Depreciation +€1,733
up €1,733 (+82.5%), from €2,100 to €3,834
- Financial income -€488
down €488 (-37.8%), from €1,289 to €802
of which Non-recurring financial income: -€489
- Financial charges +€226
up €226 (+29.9%), from €758 to €984
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 | €66,167 | €56,048 | -€10,119 | -15.3% |
| Fixed assets | 21/28 | €8,458 | €13,073 | +€4,615 | +54.6% |
| Tangible fixed assets | 22/27 | €8,458 | €13,073 | +€4,615 | +54.6% |
| Land and buildings | 22 | €1,050 | €884 | -€166 | -15.8% |
| Plant, machinery and equipment | 23 | €7,408 | €8,055 | +€647 | +8.7% |
| Furniture and vehicles | 24 | €0 | €4,134 | +€4,134 | |
| Current assets | 29/58 | €57,709 | €42,974 | -€14,734 | -25.5% |
| Amounts receivable within one year | 40/41 | €18,973 | €8,624 | -€10,349 | -54.5% |
| Trade receivables | 40 | €12,554 | €2,192 | -€10,362 | -82.5% |
| Other amounts receivable | 41 | €6,419 | €6,432 | +€13 | +0.2% |
| Cash at bank and in hand | 54/58 | €38,611 | €33,895 | -€4,716 | -12.2% |
| Deferred charges and accrued income | 490/1 | €125 | €455 | +€331 | +265.2% |
| Total equity and liabilities | 10/49 | €66,167 | €56,048 | -€10,119 | -15.3% |
| Equity | 10/15 | €32,284 | €30,160 | -€2,124 | -6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €31,978 | €31,978 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | - | €1,855 | +€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €30,123 | €30,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,894 | -€8,018 | -€2,124 | -36.0% |
| Amounts payable | 17/49 | €33,883 | €25,888 | -€7,996 | -23.6% |
| Amounts payable within one year | 42/48 | €33,883 | €25,888 | -€7,996 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €1,689 | €2,090 | +€400 | +23.7% |
| Trade debts | 44 | €7,106 | - | -€7,106 | |
| Suppliers | 440/4 | €7,106 | - | -€7,106 | |
| Taxes, remuneration and social security | 45 | €13,549 | €12,672 | -€876 | -6.5% |
| Taxes | 450/3 | €13,549 | €7,929 | -€5,620 | -41.5% |
| Remuneration and social security | 454/9 | - | €4,744 | +€4,744 | |
| Other amounts payable | 47/48 | €11,539 | €11,126 | -€413 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,100 | €3,834 | +€1,733 | +82.5% |
| Other operating charges | 640/8 | €1,986 | €2,151 | +€165 | +8.3% |
| Gross operating margin | 9900 | €17,876 | €3,558 | -€14,318 | -80.1% |
| Operating profit (loss) | 9901 | €13,790 | -€2,426 | -€16,217 | |
| Financial income | 75/76B | €1,289 | €802 | -€488 | -37.8% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +150.0% |
| Non-recurring financial income | 76B | €1,289 | €800 | -€489 | -37.9% |
| Financial charges | 65/66B | €758 | €984 | +€226 | +29.9% |
| Recurring financial charges | 65 | €758 | €984 | +€226 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €14,322 | -€2,609 | -€16,931 | |
| Income taxes | 67/77 | €6,364 | -€485 | -€6,849 | |
| Profit (loss) for the period | 9904 | €7,958 | -€2,124 | -€10,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,958 | -€2,124 | -€10,082 |
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 10 October 2026 via checked.be.