SD-Technieken: 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-Technieken
Largest movements
- Receivables within one year +€26,616
up €26,616 (+243%), from €10,949 to €37,566
of which Trade receivables: +€26,424
- Cash -€15,142
down €15,142 (-94.3%), from €16,065 to €922
mainly Receivables within one year (-€26,616) and Investment in fixed assets (net) (-€7,826)
- Stocks and contracts -€10,515
down €10,515 (-86.4%), from €12,173 to €1,658
of which Contracts in progress: -€10,696
- Tangible fixed assets +€5,288
up €5,288 (+114%), from €4,620 to €9,908
of which Plant, machinery and equipment: +€7,221
- Deferred charges and accrued income +€950
up €950 (+321%), from €296 to €1,246
- Trade debts +€4,707
up €4,707 (+34.1%), from €13,814 to €18,520
- Tax, wage and social debts +€4,316
up €4,316 (+278%), from €1,551 to €5,868
of which Taxes: +€2,316
- Other debts -€2,758
down €2,758 (-13.0%), from €21,231 to €18,472
- Reserves +€646
up €646 (+11.9%), from €5,433 to €6,079
- Gross operating margin -€4,019
down €4,019 (-40.8%), from €9,860 to €5,840
- Taxes -€1,021
down €1,021 (-66.7%), from €1,531 to €509
- Other operating charges +€834
up €834 (+476%), from €175 to €1,009
- Financial charges +€833
up €833 (+3,498%), from €24 to €857
- Depreciation +€112
up €112 (+4.1%), from €2,712 to €2,825
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 | €45,029 | €51,940 | +€6,911 | +15.3% |
| Formation expenses | 20 | €87 | €0 | -€87 | -100% |
| Fixed assets | 21/28 | €5,460 | €10,548 | +€5,088 | +93.2% |
| Intangible fixed assets | 21 | €840 | €640 | -€200 | -23.8% |
| Tangible fixed assets | 22/27 | €4,620 | €9,908 | +€5,288 | +114% |
| Plant, machinery and equipment | 23 | €367 | €7,588 | +€7,221 | +1,969% |
| Furniture and vehicles | 24 | €4,253 | €2,320 | -€1,933 | -45.5% |
| Current assets | 29/58 | €39,482 | €41,392 | +€1,909 | +4.8% |
| Stocks and contracts in progress | 3 | €12,173 | €1,658 | -€10,515 | -86.4% |
| Stocks | 30/36 | €1,477 | €1,658 | +€181 | +12.3% |
| Contracts in progress | 37 | €10,696 | €0 | -€10,696 | -100% |
| Amounts receivable within one year | 40/41 | €10,949 | €37,566 | +€26,616 | +243% |
| Trade receivables | 40 | €6,846 | €33,270 | +€26,424 | +386% |
| Other amounts receivable | 41 | €4,104 | €4,296 | +€192 | +4.7% |
| Cash at bank and in hand | 54/58 | €16,065 | €922 | -€15,142 | -94.3% |
| Deferred charges and accrued income | 490/1 | €296 | €1,246 | +€950 | +321% |
| Total equity and liabilities | 10/49 | €45,029 | €51,940 | +€6,911 | +15.3% |
| Equity | 10/15 | €8,433 | €9,079 | +€646 | +7.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,433 | €6,079 | +€646 | +11.9% |
| Distributable reserves | 133 | €5,433 | €6,079 | +€646 | +11.9% |
| Amounts payable | 17/49 | €36,596 | €42,861 | +€6,265 | +17.1% |
| Amounts payable within one year | 42/48 | €36,596 | €42,861 | +€6,265 | +17.1% |
| Trade debts | 44 | €13,814 | €18,520 | +€4,707 | +34.1% |
| Suppliers | 440/4 | €13,814 | €18,520 | +€4,707 | +34.1% |
| Taxes, remuneration and social security | 45 | €1,551 | €5,868 | +€4,316 | +278% |
| Taxes | 450/3 | €1,551 | €3,868 | +€2,316 | +149% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €21,231 | €18,472 | -€2,758 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,712 | €2,825 | +€112 | +4.1% |
| Other operating charges | 640/8 | €175 | €1,009 | +€834 | +476% |
| Gross operating margin | 9900 | €9,860 | €5,840 | -€4,019 | -40.8% |
| Operating profit (loss) | 9901 | €6,972 | €2,007 | -€4,965 | -71.2% |
| Financial income | 75/76B | €15 | €5 | -€11 | -69.4% |
| Recurring financial income | 75 | €15 | €5 | -€11 | -69.4% |
| Financial charges | 65/66B | €24 | €857 | +€833 | +3,498% |
| Recurring financial charges | 65 | €24 | €857 | +€833 | +3,498% |
| Profit (loss) for the period before taxes | 9903 | €6,964 | €1,155 | -€5,809 | -83.4% |
| Income taxes | 67/77 | €1,531 | €509 | -€1,021 | -66.7% |
| Profit (loss) for the period | 9904 | €5,433 | €646 | -€4,788 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,433 | €646 | -€4,788 | -88.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.