SD80: 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.
SD80
Largest movements
- Receivables within one year -€5,501
down €5,501 (-68.1%), from €8,075 to €2,573
of which Trade receivables: -€7,383
- Cash +€2,141
up €2,141 (+44.5%), from €4,806 to €6,946
mainly Receivables within one year (+€5,501) and Net result for the year (+€2,915)
- Other debts -€5,784
down €5,784 (-62.3%), from €9,288 to €3,503
- Profit (loss) carried forward +€2,915
up €2,915 (+76.7%), from -€3,801 to -€886
- Trade debts -€988
down €988 (-41.0%), from €2,408 to €1,420
- Tax, wage and social debts +€498
up €498, from €0 to €498
- Gross operating margin -€567
down €567 (-10.3%), from €5,504 to €4,937
- Taxes +€498
new in 2025: €498
- Financial charges -€82
down €82 (-28.2%), from €291 to €209
- Other operating charges -€57
down €57 (-4.2%), from €1,375 to €1,317
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 | €12,895 | €9,535 | -€3,360 | -26.1% |
| Current assets | 29/58 | €12,895 | €9,535 | -€3,360 | -26.1% |
| Amounts receivable within one year | 40/41 | €8,075 | €2,573 | -€5,501 | -68.1% |
| Trade receivables | 40 | €7,383 | €0 | -€7,383 | -100% |
| Other amounts receivable | 41 | €692 | €2,573 | +€1,881 | +272% |
| Cash at bank and in hand | 54/58 | €4,806 | €6,946 | +€2,141 | +44.5% |
| Deferred charges and accrued income | 490/1 | €15 | €15 | +€0 | +2.9% |
| Total equity and liabilities | 10/49 | €12,895 | €9,535 | -€3,360 | -26.1% |
| Equity | 10/15 | €1,199 | €4,114 | +€2,915 | +243% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,801 | -€886 | +€2,915 | +76.7% |
| Amounts payable | 17/49 | €11,696 | €5,422 | -€6,274 | -53.6% |
| Amounts payable within one year | 42/48 | €11,696 | €5,422 | -€6,274 | -53.6% |
| Trade debts | 44 | €2,408 | €1,420 | -€988 | -41.0% |
| Suppliers | 440/4 | €2,408 | €1,420 | -€988 | -41.0% |
| Taxes, remuneration and social security | 45 | €0 | €498 | +€498 | |
| Taxes | 450/3 | €0 | €498 | +€498 | |
| Other amounts payable | 47/48 | €9,288 | €3,503 | -€5,784 | -62.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,375 | €1,317 | -€57 | -4.2% |
| Gross operating margin | 9900 | €5,504 | €4,937 | -€567 | -10.3% |
| Operating profit (loss) | 9901 | €4,129 | €3,619 | -€510 | -12.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +359% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +359% |
| Financial charges | 65/66B | €291 | €209 | -€82 | -28.2% |
| Recurring financial charges | 65 | €291 | €209 | -€82 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €3,838 | €3,412 | -€426 | -11.1% |
| Income taxes | 67/77 | - | €498 | +€498 | |
| Profit (loss) for the period | 9904 | €3,838 | €2,915 | -€924 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,838 | €2,915 | -€924 | -24.1% |
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 26 October 2026 via checked.be.