SDB CONSULTING: 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.
SDB CONSULTING
Largest movements
- Tangible fixed assets -€6,867
down €6,867 (-56.3%), from €12,192 to €5,325
of which Furniture and vehicles: -€5,107
- Cash +€5,145
up €5,145 (+45.6%), from €11,293 to €16,438
mainly Net result for the year (+€5,273) and Investment in fixed assets (net) (+€5,107)
- Receivables within one year -€4,206
down €4,206 (-71.4%), from €5,895 to €1,688
- Short-term financial debts -€4,706
no longer reported in 2025 (was €4,706)
- Current portion of long-term debt -€3,849
no longer reported in 2025 (was €3,849)
- Reserves +€3,325
up €3,325 (+38.0%), from €8,747 to €12,072
- Trade debts -€2,746
down €2,746 (-80.6%), from €3,408 to €662
- Other debts +€2,011
up €2,011 (+90.1%), from €2,231 to €4,242
- Depreciation -€3,030
down €3,030 (-63.3%), from €4,790 to €1,760
- Taxes +€2,577
up €2,577 (+40.8%), from €6,312 to €8,888
- Financial charges -€846
down €846 (-24.9%), from €3,393 to €2,547
- Gross operating margin -€510
down €510 (-2.6%), from €19,805 to €19,296
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 | €32,074 | €26,454 | -€5,621 | -17.5% |
| Fixed assets | 21/28 | €12,192 | €5,325 | -€6,867 | -56.3% |
| Tangible fixed assets | 22/27 | €12,192 | €5,325 | -€6,867 | -56.3% |
| Plant, machinery and equipment | 23 | €1,586 | €1,041 | -€545 | -34.4% |
| Furniture and vehicles | 24 | €5,107 | - | -€5,107 | |
| Other tangible fixed assets | 26 | €5,498 | €4,284 | -€1,214 | -22.1% |
| Current assets | 29/58 | €19,882 | €21,129 | +€1,246 | +6.3% |
| Amounts receivable within one year | 40/41 | €5,895 | €1,688 | -€4,206 | -71.4% |
| Other amounts receivable | 41 | €5,895 | €1,688 | -€4,206 | -71.4% |
| Cash at bank and in hand | 54/58 | €11,293 | €16,438 | +€5,145 | +45.6% |
| Deferred charges and accrued income | 490/1 | €2,695 | €3,002 | +€307 | +11.4% |
| Total equity and liabilities | 10/49 | €32,074 | €26,454 | -€5,621 | -17.5% |
| Equity | 10/15 | €14,955 | €18,280 | +€3,325 | +22.2% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €8,747 | €12,072 | +€3,325 | +38.0% |
| Distributable reserves | 133 | €8,747 | €12,072 | +€3,325 | +38.0% |
| Amounts payable | 17/49 | €17,119 | €8,173 | -€8,946 | -52.3% |
| Amounts payable after more than one year | 17 | €993 | - | -€993 | |
| Financial debts | 170/4 | €993 | - | -€993 | |
| Amounts payable within one year | 42/48 | €16,126 | €8,173 | -€7,953 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €3,849 | - | -€3,849 | |
| Financial debts | 43 | €4,706 | - | -€4,706 | |
| Other loans | 439 | €4,706 | - | -€4,706 | |
| Trade debts | 44 | €3,408 | €662 | -€2,746 | -80.6% |
| Suppliers | 440/4 | €3,408 | €662 | -€2,746 | -80.6% |
| Taxes, remuneration and social security | 45 | €1,931 | €3,270 | +€1,339 | +69.3% |
| Taxes | 450/3 | €1,931 | €3,270 | +€1,339 | +69.3% |
| Other amounts payable | 47/48 | €2,231 | €4,242 | +€2,011 | +90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,790 | €1,760 | -€3,030 | -63.3% |
| Other operating charges | 640/8 | €695 | €831 | +€136 | +19.5% |
| Gross operating margin | 9900 | €19,805 | €19,296 | -€510 | -2.6% |
| Operating profit (loss) | 9901 | €14,320 | €16,705 | +€2,385 | +16.7% |
| Financial income | 75/76B | €1 | €3 | +€3 | +344% |
| Recurring financial income | 75 | €1 | €3 | +€3 | +344% |
| Financial charges | 65/66B | €3,393 | €2,547 | -€846 | -24.9% |
| Recurring financial charges | 65 | €3,393 | €2,547 | -€846 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €10,928 | €14,161 | +€3,233 | +29.6% |
| Income taxes | 67/77 | €6,312 | €8,888 | +€2,577 | +40.8% |
| Profit (loss) for the period | 9904 | €4,617 | €5,273 | +€656 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,617 | €5,273 | +€656 | +14.2% |
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 20 October 2026 via checked.be.