SD Solution: what changed
What changed
SD Solution
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€41,769
2024 · €23,212+€18,557
Equity
€101,149
2024 · €95,381+€5,769
Cash
€1,167
2024 · €315+€852
Balance sheet total
€113,853
2024 · €125,450-€11,598
Largest movements
Assets
- Receivables after one year -€15,000
down €15,000 (-20.0%), from €75,000 to €60,000
- Receivables within one year +€8,737
up €8,737 (+23.5%), from €37,151 to €45,888
of which Other amounts receivable: +€17,967
- Deferred charges and accrued income -€7,279
down €7,279 (-91.0%), from €7,998 to €719
Equity and liabilities
- Tax, wage and social debts -€9,200
down €9,200 (-54.3%), from €16,939 to €7,738
- Reserves +€5,769
up €5,769 (+6.4%), from €90,381 to €96,149
- Current portion of long-term debt -€4,478
down €4,478 (-77.9%), from €5,747 to €1,269
- Trade debts -€3,689
down €3,689 (-50.0%), from €7,384 to €3,696
Income statement
- Gross operating margin +€12,635
up €12,635 (+32.8%), from €38,579 to €51,214
- Depreciation -€6,686
down €6,686 (-73.6%), from €9,086 to €2,400
- Taxes +€1,860
up €1,860 (+23.5%), from €7,923 to €9,783
- Financial charges -€956
down €956 (-34.9%), from €2,741 to €1,784
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,212
Gross operating margin
+€12,635
Depreciation
+€6,686
Other operating charges
-€197
Financial income
+€337
Financial charges
+€956
Taxes
-€1,860
Result 2025
€41,769
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,822
Investment
-€3,491
Financing
-€40,478
Cash 2024
€315
From operations (derived)
+€44,822
Net result for the year
+€41,769
Depreciation
+€2,400
Receivables after one year
+€15,000
Receivables within one year
-€8,737
Deferred charges and accrued income
+€7,279
Trade debts
-€3,689
Tax, wage and social debts
-€9,200
Investment (derived)
-€3,491
Investment in fixed assets (net)
-€3,491
Financing
-€40,478
Current portion of long-term debt
-€4,478
Contributions, distributions and other
-€36,000
Cash 2025
€1,167
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,450 | €113,853 | -€11,598 | -9.2% |
| Fixed assets | 21/28 | €4,986 | €6,078 | +€1,092 | +21.9% |
| Tangible fixed assets | 22/27 | €4,986 | €6,078 | +€1,092 | +21.9% |
| Furniture and vehicles | 24 | €4,986 | €6,078 | +€1,092 | +21.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €120,464 | €107,774 | -€12,690 | -10.5% |
| Amounts receivable after more than one year | 29 | €75,000 | €60,000 | -€15,000 | -20.0% |
| Other amounts receivable | 291 | €75,000 | €60,000 | -€15,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €37,151 | €45,888 | +€8,737 | +23.5% |
| Trade receivables | 40 | €23,927 | €14,697 | -€9,230 | -38.6% |
| Other amounts receivable | 41 | €13,225 | €31,191 | +€17,967 | +136% |
| Cash at bank and in hand | 54/58 | €315 | €1,167 | +€852 | +271% |
| Deferred charges and accrued income | 490/1 | €7,998 | €719 | -€7,279 | -91.0% |
| Total equity and liabilities | 10/49 | €125,450 | €113,853 | -€11,598 | -9.2% |
| Equity | 10/15 | €95,381 | €101,149 | +€5,769 | +6.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €90,381 | €96,149 | +€5,769 | +6.4% |
| Distributable reserves | 133 | €90,381 | €96,149 | +€5,769 | +6.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,070 | €12,703 | -€17,367 | -57.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €30,070 | €12,703 | -€17,367 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €5,747 | €1,269 | -€4,478 | -77.9% |
| Trade debts | 44 | €7,384 | €3,696 | -€3,689 | -50.0% |
| Suppliers | 440/4 | €7,384 | €3,696 | -€3,689 | -50.0% |
| Taxes, remuneration and social security | 45 | €16,939 | €7,738 | -€9,200 | -54.3% |
| Taxes | 450/3 | €16,939 | €7,738 | -€9,200 | -54.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,086 | €2,400 | -€6,686 | -73.6% |
| Other operating charges | 640/8 | €305 | €502 | +€197 | +64.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €38,579 | €51,214 | +€12,635 | +32.8% |
| Operating profit (loss) | 9901 | €29,188 | €48,313 | +€19,124 | +65.5% |
| Financial income | 75/76B | €4,688 | €5,024 | +€337 | +7.2% |
| Recurring financial income | 75 | €4,688 | €5,024 | +€337 | +7.2% |
| Financial charges | 65/66B | €2,741 | €1,784 | -€956 | -34.9% |
| Recurring financial charges | 65 | €2,741 | €1,784 | -€956 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €31,135 | €51,552 | +€20,417 | +65.6% |
| Income taxes | 67/77 | €7,923 | €9,783 | +€1,860 | +23.5% |
| Profit (loss) for the period | 9904 | €23,212 | €41,769 | +€18,557 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,212 | €41,769 | +€18,557 | +79.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.