SDB TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€91,529
down €91,529 (-59.9%), from €152,780 to €61,251
of which Trade receivables: -€77,602
- Tangible fixed assets -€16,341
down €16,341 (-17.1%), from €95,789 to €79,448
of which Furniture and vehicles: -€10,446
- Cash -€8,486
down €8,486 (-44.4%), from €19,110 to €10,624
mainly Trade debts (-€103,134) and Advances received (-€17,609)
- Deferred charges and accrued income +€3,926
new in 2025: €3,926
- Trade debts -€103,134
down €103,134 (-72.6%), from €142,121 to €38,986
- Advances received -€17,609
no longer reported in 2025 (was €17,609)
- Other debts +€14,210
new in 2025: €14,210
- Debts after one year -€11,929
down €11,929 (-34.7%), from €34,345 to €22,416
- Tax, wage and social debts +€4,122
up €4,122 (+362.0%), from €1,139 to €5,260
- Gross operating margin +€17,124
up €17,124 (+91.6%), from €18,686 to €35,810
- Depreciation +€8,570
up €8,570 (+75.3%), from €11,378 to €19,948
- Taxes +€3,625
up €3,625 (+595.1%), from €609 to €4,234
- Financial charges +€2,148
up €2,148 (+358.6%), from €599 to €2,746
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.
Cash bridge derived
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 | €315,330 | €202,274 | -€113,056 | -35.9% |
| Fixed assets | 21/28 | €95,789 | €79,448 | -€16,341 | -17.1% |
| Tangible fixed assets | 22/27 | €95,789 | €79,448 | -€16,341 | -17.1% |
| Land and buildings | 22 | €3,314 | €2,159 | -€1,155 | -34.9% |
| Plant, machinery and equipment | 23 | €38,670 | €33,930 | -€4,740 | -12.3% |
| Furniture and vehicles | 24 | €53,805 | €43,359 | -€10,446 | -19.4% |
| Current assets | 29/58 | €219,541 | €122,826 | -€96,714 | -44.1% |
| Stocks and contracts in progress | 3 | €47,650 | €47,025 | -€625 | -1.3% |
| Stocks | 30/36 | €25,150 | €25,025 | -€125 | -0.5% |
| Contracts in progress | 37 | €22,500 | €22,000 | -€500 | -2.2% |
| Amounts receivable within one year | 40/41 | €152,780 | €61,251 | -€91,529 | -59.9% |
| Trade receivables | 40 | €132,826 | €55,223 | -€77,602 | -58.4% |
| Other amounts receivable | 41 | €19,954 | €6,028 | -€13,927 | -69.8% |
| Cash at bank and in hand | 54/58 | €19,110 | €10,624 | -€8,486 | -44.4% |
| Deferred charges and accrued income | 490/1 | - | €3,926 | +€3,926 | |
| Total equity and liabilities | 10/49 | €315,330 | €202,274 | -€113,056 | -35.9% |
| Equity | 10/15 | €103,789 | €107,619 | +€3,830 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,589 | €101,419 | +€3,830 | +3.9% |
| Distributable reserves | 133 | €97,589 | €101,419 | +€3,830 | +3.9% |
| Amounts payable | 17/49 | €211,541 | €94,655 | -€116,886 | -55.3% |
| Amounts payable after more than one year | 17 | €34,345 | €22,416 | -€11,929 | -34.7% |
| Financial debts | 170/4 | €34,345 | €22,416 | -€11,929 | -34.7% |
| Amounts payable within one year | 42/48 | €177,196 | €72,239 | -€104,957 | -59.2% |
| Current portion of amounts payable after more than one year | 42 | €16,327 | €13,781 | -€2,546 | -15.6% |
| Trade debts | 44 | €142,121 | €38,986 | -€103,134 | -72.6% |
| Suppliers | 440/4 | €142,121 | €38,986 | -€103,134 | -72.6% |
| Advances received on contracts in progress | 46 | €17,609 | - | -€17,609 | |
| Taxes, remuneration and social security | 45 | €1,139 | €5,260 | +€4,122 | +362.0% |
| Taxes | 450/3 | €1,139 | €5,260 | +€4,122 | +362.0% |
| Other amounts payable | 47/48 | - | €14,210 | +€14,210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,378 | €19,948 | +€8,570 | +75.3% |
| Other operating charges | 640/8 | €1,344 | €987 | -€356 | -26.5% |
| Gross operating margin | 9900 | €18,686 | €35,810 | +€17,124 | +91.6% |
| Operating profit (loss) | 9901 | €5,964 | €14,875 | +€8,911 | +149.4% |
| Financial income | 75/76B | €1,336 | €1,069 | -€267 | -20.0% |
| Recurring financial income | 75 | €1,336 | €1,069 | -€267 | -20.0% |
| Financial charges | 65/66B | €599 | €2,746 | +€2,148 | +358.6% |
| Recurring financial charges | 65 | €599 | €2,746 | +€2,148 | +358.6% |
| Profit (loss) for the period before taxes | 9903 | €6,701 | €13,197 | +€6,496 | +96.9% |
| Income taxes | 67/77 | €609 | €4,234 | +€3,625 | +595.1% |
| Profit (loss) for the period | 9904 | €6,092 | €8,963 | +€2,872 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,092 | €8,963 | +€2,872 | +47.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.