SDC: 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.
SDC
Largest movements
- Receivables within one year +€3,508
up €3,508 (+1.3%), from €264,716 to €268,224
- Reserves +€3,372
up €3,372 (+2.2%), from €150,614 to €153,987
- Financial income -€3,570
down €3,570 (-32.0%), from €11,154 to €7,584
- Taxes -€1,230
down €1,230 (-52.3%), from €2,354 to €1,124
- Gross operating margin -€971
down €971 (-63.1%), from -€1,537 to -€2,508
- Financial charges +€30
up €30 (+20.0%), from €150 to €180
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,716 | €268,224 | +€3,508 | +1.3% |
| Current assets | 29/58 | €264,716 | €268,224 | +€3,508 | +1.3% |
| Amounts receivable within one year | 40/41 | €264,716 | €268,224 | +€3,508 | +1.3% |
| Other amounts receivable | 41 | €264,716 | €268,224 | +€3,508 | +1.3% |
| Total equity and liabilities | 10/49 | €264,716 | €268,224 | +€3,508 | +1.3% |
| Equity | 10/15 | €262,892 | €266,265 | +€3,372 | +1.3% |
| Contributions | 10/11 | €112,278 | €112,278 | = | 0.0% |
| Reserves | 13 | €150,614 | €153,987 | +€3,372 | +2.2% |
| Distributable reserves | 133 | €150,614 | €153,987 | +€3,372 | +2.2% |
| Amounts payable | 17/49 | €1,824 | €1,959 | +€136 | +7.4% |
| Amounts payable within one year | 42/48 | €1,824 | €1,959 | +€136 | +7.4% |
| Trade debts | 44 | €363 | €605 | +€242 | +66.7% |
| Suppliers | 440/4 | €363 | €605 | +€242 | +66.7% |
| Taxes, remuneration and social security | 45 | €1,461 | €1,354 | -€106 | -7.3% |
| Taxes | 450/3 | €1,461 | €1,354 | -€106 | -7.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,537 | -€2,508 | -€971 | -63.1% |
| Operating profit (loss) | 9901 | -€1,924 | -€2,907 | -€983 | -51.1% |
| Financial income | 75/76B | €11,154 | €7,584 | -€3,570 | -32.0% |
| Recurring financial income | 75 | €11,154 | €7,584 | -€3,570 | -32.0% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €9,080 | €4,497 | -€4,583 | -50.5% |
| Income taxes | 67/77 | €2,354 | €1,124 | -€1,230 | -52.3% |
| Profit (loss) for the period | 9904 | €6,726 | €3,372 | -€3,353 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,726 | €3,372 | -€3,353 | -49.9% |
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 12 October 2026 via checked.be.