SDB TOITURES: 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 TOITURES
Largest movements
- Cash -€9,396
down €9,396 (-63.0%), from €14,907 to €5,511
mainly Net result for the year (-€8,815) and Debts after one year (-€2,496)
- Tangible fixed assets -€2,917
down €2,917 (-29.4%), from €9,914 to €6,997
of which Furniture and vehicles: -€2,110
- Receivables within one year -€1,139
down €1,139 (-32.4%), from €3,515 to €2,376
of which Other amounts receivable: -€728
- Deferred charges and accrued income +€320
up €320 (+111%), from €287 to €607
- Profit (loss) carried forward -€8,815
down €8,815 (-166%), from -€5,299 to -€14,114
- Debts after one year -€2,496
down €2,496 (-38.5%), from €6,478 to €3,982
- Accrued charges and deferred income -€1,596
no longer reported in 2025 (was €1,596)
- Gross operating margin -€15,188
down €15,188, from €12,363 to -€2,825
- Other operating charges -€298
down €298 (-25.6%), from €1,162 to €864
- Depreciation +€270
up €270 (+10.2%), from €2,647 to €2,917
- Financial charges -€266
down €266 (-13.0%), from €2,048 to €1,782
- Staff costs -€239
down €239 (-42.9%), from €556 to €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 | €31,555 | €18,424 | -€13,131 | -41.6% |
| Fixed assets | 21/28 | €10,845 | €7,929 | -€2,917 | -26.9% |
| Tangible fixed assets | 22/27 | €9,914 | €6,997 | -€2,917 | -29.4% |
| Land and buildings | 22 | €455 | €301 | -€154 | -33.9% |
| Plant, machinery and equipment | 23 | €1,424 | €771 | -€653 | -45.8% |
| Furniture and vehicles | 24 | €8,035 | €5,925 | -€2,110 | -26.3% |
| Financial fixed assets | 28 | €932 | €932 | = | 0.0% |
| Current assets | 29/58 | €20,710 | €10,495 | -€10,215 | -49.3% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,515 | €2,376 | -€1,139 | -32.4% |
| Trade receivables | 40 | €2,211 | €1,801 | -€411 | -18.6% |
| Other amounts receivable | 41 | €1,304 | €576 | -€728 | -55.8% |
| Cash at bank and in hand | 54/58 | €14,907 | €5,511 | -€9,396 | -63.0% |
| Deferred charges and accrued income | 490/1 | €287 | €607 | +€320 | +111% |
| Total equity and liabilities | 10/49 | €31,555 | €18,424 | -€13,131 | -41.6% |
| Equity | 10/15 | €8,961 | €146 | -€8,815 | -98.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,299 | -€14,114 | -€8,815 | -166% |
| Amounts payable | 17/49 | €22,595 | €18,278 | -€4,317 | -19.1% |
| Amounts payable after more than one year | 17 | €6,478 | €3,982 | -€2,496 | -38.5% |
| Financial debts | 170/4 | €6,478 | €3,982 | -€2,496 | -38.5% |
| Amounts payable within one year | 42/48 | €14,520 | €14,296 | -€224 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €2,376 | €2,496 | +€120 | +5.0% |
| Trade debts | 44 | €395 | €350 | -€45 | -11.3% |
| Suppliers | 440/4 | €395 | €350 | -€45 | -11.3% |
| Taxes, remuneration and social security | 45 | €2,127 | €2,106 | -€21 | -1.0% |
| Taxes | 450/3 | €327 | €306 | -€21 | -6.3% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €9,622 | €9,344 | -€279 | -2.9% |
| Accrued charges and deferred income | 492/3 | €1,596 | - | -€1,596 | |
| Remuneration, social security and pensions | 62 | €556 | €317 | -€239 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,647 | €2,917 | +€270 | +10.2% |
| Other operating charges | 640/8 | €1,162 | €864 | -€298 | -25.6% |
| Gross operating margin | 9900 | €12,363 | -€2,825 | -€15,188 | |
| Operating profit (loss) | 9901 | €7,999 | -€6,923 | -€14,922 | |
| Financial income | 75/76B | - | €36 | +€36 | |
| Recurring financial income | 75 | - | €36 | +€36 | |
| Financial charges | 65/66B | €2,048 | €1,782 | -€266 | -13.0% |
| Recurring financial charges | 65 | €2,048 | €1,782 | -€266 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €5,951 | -€8,669 | -€14,619 | |
| Income taxes | 67/77 | €160 | €146 | -€14 | -8.6% |
| Profit (loss) for the period | 9904 | €5,791 | -€8,815 | -€14,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,791 | -€8,815 | -€14,606 |
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 28 October 2026 via checked.be.