SDB Consult: what changed
Two fiscal 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.
SDB Consult
Largest movements
- Tangible fixed assets +€137,460
up €137,460 (+1660.2%), from €8,280 to €145,740
of which Land and buildings: +€136,976
- Receivables within one year +€40,263
up €40,263 (+88.3%), from €45,610 to €85,873
of which Trade receivables: +€53,972
- Cash -€23,946
down €23,946 (-57.9%), from €41,369 to €17,423
mainly Investment in fixed assets (net) (-€140,450) and Contributions, distributions and other (-€80,000)
- Other debts +€68,951
up €68,951 (+1043.8%), from €6,606 to €75,557
- Profit (loss) carried forward +€42,920
up €42,920 (+225.1%), from €19,063 to €61,983
- Trade debts +€26,785
up €26,785 (+3162.4%), from €847 to €27,632
- Tax, wage and social debts +€23,468
up €23,468 (+94.7%), from €24,775 to €48,243
of which Taxes: +€12,195
- Current portion of long-term debt -€8,573
down €8,573 (-29.1%), from €29,481 to €20,908
- Gross operating margin +€164,681
up €164,681, from -€4,805 to €159,876
- Taxes +€33,071
up €33,071, from €0 to €33,071
- Financial charges -€3,443
down €3,443 (-84.4%), from €4,080 to €636
- Depreciation +€1,833
up €1,833 (+132.4%), from €1,384 to €3,217
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,772 | €249,323 | +€153,551 | +160.3% |
| Formation expenses | 20 | €514 | €288 | -€226 | -44.0% |
| Fixed assets | 21/28 | €8,280 | €145,740 | +€137,460 | +1660.2% |
| Tangible fixed assets | 22/27 | €8,280 | €145,740 | +€137,460 | +1660.2% |
| Land and buildings | 22 | - | €136,976 | +€136,976 | |
| Plant, machinery and equipment | 23 | €1,501 | €1,346 | -€155 | -10.3% |
| Furniture and vehicles | 24 | €6,779 | €7,417 | +€639 | +9.4% |
| Current assets | 29/58 | €86,979 | €103,296 | +€16,317 | +18.8% |
| Amounts receivable within one year | 40/41 | €45,610 | €85,873 | +€40,263 | +88.3% |
| Trade receivables | 40 | €31,507 | €85,479 | +€53,972 | +171.3% |
| Other amounts receivable | 41 | €14,103 | €394 | -€13,709 | -97.2% |
| Cash at bank and in hand | 54/58 | €41,369 | €17,423 | -€23,946 | -57.9% |
| Total equity and liabilities | 10/49 | €95,772 | €249,323 | +€153,551 | +160.3% |
| Equity | 10/15 | €34,063 | €76,983 | +€42,920 | +126.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,063 | €61,983 | +€42,920 | +225.1% |
| Amounts payable | 17/49 | €61,709 | €172,340 | +€110,631 | +179.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,709 | €172,340 | +€110,631 | +179.3% |
| Current portion of amounts payable after more than one year | 42 | €29,481 | €20,908 | -€8,573 | -29.1% |
| Trade debts | 44 | €847 | €27,632 | +€26,785 | +3162.4% |
| Suppliers | 440/4 | €847 | €27,632 | +€26,785 | +3162.4% |
| Taxes, remuneration and social security | 45 | €24,775 | €48,243 | +€23,468 | +94.7% |
| Taxes | 450/3 | €24,775 | €36,970 | +€12,195 | +49.2% |
| Remuneration and social security | 454/9 | - | €11,273 | +€11,273 | |
| Other amounts payable | 47/48 | €6,606 | €75,557 | +€68,951 | +1043.8% |
| Remuneration, social security and pensions | 62 | €1,068 | €0 | -€1,068 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,384 | €3,217 | +€1,833 | +132.4% |
| Other operating charges | 640/8 | €1,215 | €63 | -€1,152 | -94.8% |
| Gross operating margin | 9900 | -€4,805 | €159,876 | +€164,681 | |
| Operating profit (loss) | 9901 | -€8,472 | €156,597 | +€165,068 | |
| Financial income | 75/76B | €0 | €31 | +€31 | |
| Recurring financial income | 75 | €0 | €31 | +€31 | |
| Financial charges | 65/66B | €4,080 | €636 | -€3,443 | -84.4% |
| Recurring financial charges | 65 | €4,080 | €636 | -€3,443 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,551 | €155,991 | +€168,542 | |
| Income taxes | 67/77 | €0 | €33,071 | +€33,071 | |
| Profit (loss) for the period | 9904 | -€12,551 | €122,920 | +€135,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,551 | €122,920 | +€135,471 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.