SD REPAIR: 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 REPAIR
Largest movements
- Stocks and contracts +€18,947
up €18,947 (+34.8%), from €54,378 to €73,325
of which Stocks: +€18,947
- Cash +€12,972
up €12,972 (+34.8%), from €37,292 to €50,264
mainly Net result for the year (+€35,580) and Depreciation (+€19,454)
- Intangible fixed assets -€10,000
down €10,000 (-91.9%), from €10,879 to €879
- Receivables within one year +€3,576
up €3,576 (+6.4%), from €55,873 to €59,449
of which Trade receivables: +€3,968
- Tangible fixed assets +€2,022
up €2,022 (+21.9%), from €9,236 to €11,259
of which Plant, machinery and equipment: +€7,438
- Reserves +€35,580
up €35,580 (+38.1%), from €93,435 to €129,015
- Trade debts +€8,532
up €8,532 (+43.9%), from €19,457 to €27,989
- Other debts -€7,881
down €7,881 (-40.5%), from €19,464 to €11,583
- Current portion of long-term debt -€5,557
down €5,557 (-52.5%), from €10,588 to €5,031
- Tax, wage and social debts -€4,255
down €4,255 (-20.7%), from €20,515 to €16,260
- Gross operating margin +€10,257
up €10,257 (+17.0%), from €60,343 to €70,600
- Write-downs -€5,382
down €5,382 (-94.6%), from €5,692 to €310
- Taxes +€4,647
up €4,647 (+51.8%), from €8,966 to €13,613
- Other operating charges -€985
down €985 (-36.4%), from €2,707 to €1,722
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 | €167,658 | €195,176 | +€27,518 | +16.4% |
| Fixed assets | 21/28 | €20,115 | €12,138 | -€7,978 | -39.7% |
| Intangible fixed assets | 21 | €10,879 | €879 | -€10,000 | -91.9% |
| Tangible fixed assets | 22/27 | €9,236 | €11,259 | +€2,022 | +21.9% |
| Land and buildings | 22 | €2,591 | €547 | -€2,044 | -78.9% |
| Plant, machinery and equipment | 23 | €1,845 | €9,282 | +€7,438 | +403% |
| Furniture and vehicles | 24 | €0 | €1,430 | +€1,430 | |
| Leasing and similar rights | 25 | €4,801 | €0 | -€4,801 | -100% |
| Current assets | 29/58 | €147,543 | €183,038 | +€35,495 | +24.1% |
| Stocks and contracts in progress | 3 | €54,378 | €73,325 | +€18,947 | +34.8% |
| Stocks | 30/36 | €54,378 | €73,325 | +€18,947 | +34.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €55,873 | €59,449 | +€3,576 | +6.4% |
| Trade receivables | 40 | €54,605 | €58,572 | +€3,968 | +7.3% |
| Other amounts receivable | 41 | €1,268 | €877 | -€391 | -30.8% |
| Cash at bank and in hand | 54/58 | €37,292 | €50,264 | +€12,972 | +34.8% |
| Total equity and liabilities | 10/49 | €167,658 | €195,176 | +€27,518 | +16.4% |
| Equity | 10/15 | €97,635 | €133,215 | +€35,580 | +36.4% |
| Contributions | 10/11 | €4,200 | €4,200 | = | 0.0% |
| Reserves | 13 | €93,435 | €129,015 | +€35,580 | +38.1% |
| Distributable reserves | 133 | €93,435 | €129,015 | +€35,580 | +38.1% |
| Amounts payable | 17/49 | €70,023 | €61,961 | -€8,062 | -11.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €70,023 | €61,961 | -€8,062 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €10,588 | €5,031 | -€5,557 | -52.5% |
| Financial debts | 43 | - | €1,098 | +€1,098 | |
| Credit institutions | 430/8 | - | €1,098 | +€1,098 | |
| Trade debts | 44 | €19,457 | €27,989 | +€8,532 | +43.9% |
| Suppliers | 440/4 | €19,457 | €27,989 | +€8,532 | +43.9% |
| Taxes, remuneration and social security | 45 | €20,515 | €16,260 | -€4,255 | -20.7% |
| Taxes | 450/3 | €20,515 | €16,260 | -€4,255 | -20.7% |
| Other amounts payable | 47/48 | €19,464 | €11,583 | -€7,881 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,734 | €19,454 | -€280 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,692 | €310 | -€5,382 | -94.6% |
| Other operating charges | 640/8 | €2,707 | €1,722 | -€985 | -36.4% |
| Gross operating margin | 9900 | €60,343 | €70,600 | +€10,257 | +17.0% |
| Operating profit (loss) | 9901 | €32,210 | €49,114 | +€16,904 | +52.5% |
| Financial income | 75/76B | €410 | €754 | +€344 | +84.0% |
| Recurring financial income | 75 | €410 | €754 | +€344 | +84.0% |
| Financial charges | 65/66B | €568 | €675 | +€107 | +18.8% |
| Recurring financial charges | 65 | €568 | €675 | +€107 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €32,051 | €49,193 | +€17,142 | +53.5% |
| Income taxes | 67/77 | €8,966 | €13,613 | +€4,647 | +51.8% |
| Profit (loss) for the period | 9904 | €23,085 | €35,580 | +€12,495 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,085 | €35,580 | +€12,495 | +54.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.