SDB Images: 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 Images
Largest movements
- Cash +€9,666
up €9,666 (+48.8%), from €19,802 to €29,468
mainly Receivables within one year (+€9,447) and Net result for the year (+€6,513)
- Receivables within one year -€9,447
down €9,447 (-39.7%), from €23,815 to €14,367
of which Trade receivables: -€10,287
- Tangible fixed assets -€1,729
down €1,729 (-32.5%), from €5,326 to €3,596
of which Plant, machinery and equipment: -€1,262
- Profit (loss) carried forward +€6,513
up €6,513 (+24.2%), from €26,943 to €33,456
- Tax, wage and social debts -€5,064
down €5,064 (-40.5%), from €12,493 to €7,429
of which Taxes: -€4,764
- Other debts -€1,111
no longer reported in 2025 (was €1,111)
- Debts after one year -€1,023
down €1,023 (-65.9%), from €1,553 to €530
- Trade debts -€804
down €804 (-32.3%), from €2,490 to €1,686
- Gross operating margin -€9,509
down €9,509 (-44.3%), from €21,478 to €11,969
- Taxes -€1,868
down €1,868 (-45.2%), from €4,136 to €2,268
- Depreciation +€450
up €450 (+29.0%), from €1,551 to €2,000
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 | €50,565 | €49,123 | -€1,442 | -2.9% |
| Fixed assets | 21/28 | €5,326 | €3,596 | -€1,729 | -32.5% |
| Tangible fixed assets | 22/27 | €5,326 | €3,596 | -€1,729 | -32.5% |
| Plant, machinery and equipment | 23 | €1,524 | €262 | -€1,262 | -82.8% |
| Furniture and vehicles | 24 | €3,802 | €3,335 | -€467 | -12.3% |
| Current assets | 29/58 | €45,239 | €45,527 | +€288 | +0.6% |
| Amounts receivable within one year | 40/41 | €23,815 | €14,367 | -€9,447 | -39.7% |
| Trade receivables | 40 | €23,815 | €13,528 | -€10,287 | -43.2% |
| Other amounts receivable | 41 | - | €839 | +€839 | |
| Cash at bank and in hand | 54/58 | €19,802 | €29,468 | +€9,666 | +48.8% |
| Deferred charges and accrued income | 490/1 | €1,622 | €1,691 | +€70 | +4.3% |
| Total equity and liabilities | 10/49 | €50,565 | €49,123 | -€1,442 | -2.9% |
| Equity | 10/15 | €31,943 | €38,456 | +€6,513 | +20.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,943 | €33,456 | +€6,513 | +24.2% |
| Amounts payable | 17/49 | €18,622 | €10,667 | -€7,955 | -42.7% |
| Amounts payable after more than one year | 17 | €1,553 | €530 | -€1,023 | -65.9% |
| Financial debts | 170/4 | €1,553 | €530 | -€1,023 | -65.9% |
| Amounts payable within one year | 42/48 | €17,069 | €10,138 | -€6,932 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €976 | €1,023 | +€47 | +4.8% |
| Trade debts | 44 | €2,490 | €1,686 | -€804 | -32.3% |
| Suppliers | 440/4 | €2,490 | €1,686 | -€804 | -32.3% |
| Taxes, remuneration and social security | 45 | €12,493 | €7,429 | -€5,064 | -40.5% |
| Taxes | 450/3 | €10,093 | €5,329 | -€4,764 | -47.2% |
| Remuneration and social security | 454/9 | €2,400 | €2,100 | -€300 | -12.5% |
| Other amounts payable | 47/48 | €1,111 | - | -€1,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,551 | €2,000 | +€450 | +29.0% |
| Other operating charges | 640/8 | €546 | €755 | +€210 | +38.4% |
| Non-recurring operating charges | 66A | - | €234 | +€234 | |
| Gross operating margin | 9900 | €21,478 | €11,969 | -€9,509 | -44.3% |
| Operating profit (loss) | 9901 | €19,382 | €8,979 | -€10,403 | -53.7% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €163 | €198 | +€35 | +21.5% |
| Recurring financial charges | 65 | €163 | €198 | +€35 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €19,225 | €8,781 | -€10,444 | -54.3% |
| Income taxes | 67/77 | €4,136 | €2,268 | -€1,868 | -45.2% |
| Profit (loss) for the period | 9904 | €15,089 | €6,513 | -€8,576 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,089 | €6,513 | -€8,576 | -56.8% |
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 23 October 2026 via checked.be.