SDC CONSULTANCY: what changed
Two fiscal 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 CONSULTANCY
Largest movements
- Cash +€22,739
up €22,739 (+158.4%), from €14,355 to €37,094
mainly Net result for the year (+€24,072) and Other debts (+€18,065)
- Receivables within one year +€8,131
up €8,131 (+239.9%), from €3,389 to €11,521
of which Trade receivables: +€4,742
- Deferred charges and accrued income -€7,344
down €7,344 (-92.2%), from €7,963 to €619
- Other debts +€18,065
up €18,065 (+101.1%), from €17,867 to €35,933
- Tax, wage and social debts +€8,856
up €8,856 (+1880.4%), from €471 to €9,327
of which Taxes: +€8,893
- Reserves -€8,207
no longer reported in 2025 (was €8,207)
- Profit (loss) carried forward +€5,754
no longer reported in 2025 (was -€5,754)
- Trade debts -€1,027
down €1,027 (-49.8%), from €2,063 to €1,036
- Write-downs -€16,140
new in 2025: -€16,140
- Other operating charges +€16,113
up €16,113 (+2346.1%), from €687 to €16,800
- Gross operating margin +€12,427
up €12,427 (+64.0%), from €19,423 to €31,849
- Taxes +€6,409
up €6,409 (+4593.4%), from €140 to €6,548
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 | €25,878 | €49,296 | +€23,419 | +90.5% |
| Fixed assets | 21/28 | €170 | €63 | -€107 | -63.2% |
| Tangible fixed assets | 22/27 | €135 | €63 | -€72 | -53.6% |
| Furniture and vehicles | 24 | €135 | €63 | -€72 | -53.6% |
| Financial fixed assets | 28 | €35 | - | -€35 | |
| Current assets | 29/58 | €25,707 | €49,234 | +€23,526 | +91.5% |
| Amounts receivable within one year | 40/41 | €3,389 | €11,521 | +€8,131 | +239.9% |
| Trade receivables | 40 | €3,389 | €8,131 | +€4,742 | +139.9% |
| Other amounts receivable | 41 | - | €3,389 | +€3,389 | |
| Cash at bank and in hand | 54/58 | €14,355 | €37,094 | +€22,739 | +158.4% |
| Deferred charges and accrued income | 490/1 | €7,963 | €619 | -€7,344 | -92.2% |
| Total equity and liabilities | 10/49 | €25,878 | €49,296 | +€23,419 | +90.5% |
| Equity | 10/15 | €5,453 | €3,000 | -€2,453 | -45.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,207 | - | -€8,207 | |
| Distributable reserves | 133 | €8,207 | - | -€8,207 | |
| Profit (loss) carried forward | 14 | -€5,754 | - | +€5,754 | |
| Amounts payable | 17/49 | €20,425 | €46,296 | +€25,872 | +126.7% |
| Amounts payable within one year | 42/48 | €20,401 | €46,296 | +€25,895 | +126.9% |
| Trade debts | 44 | €2,063 | €1,036 | -€1,027 | -49.8% |
| Suppliers | 440/4 | €2,063 | €1,036 | -€1,027 | -49.8% |
| Taxes, remuneration and social security | 45 | €471 | €9,327 | +€8,856 | +1880.4% |
| Taxes | 450/3 | €434 | €9,327 | +€8,893 | +2047.3% |
| Remuneration and social security | 454/9 | €37 | - | -€37 | |
| Other amounts payable | 47/48 | €17,867 | €35,933 | +€18,065 | +101.1% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | €72 | -€73 | -50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€16,140 | -€16,140 | |
| Other operating charges | 640/8 | €687 | €16,800 | +€16,113 | +2346.1% |
| Gross operating margin | 9900 | €19,423 | €31,849 | +€12,427 | +64.0% |
| Operating profit (loss) | 9901 | €18,591 | €31,116 | +€12,525 | +67.4% |
| Financial charges | 65/66B | €537 | €496 | -€41 | -7.6% |
| Recurring financial charges | 65 | €537 | €496 | -€41 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €18,054 | €30,620 | +€12,566 | +69.6% |
| Income taxes | 67/77 | €140 | €6,548 | +€6,409 | +4593.4% |
| Profit (loss) for the period | 9904 | €17,915 | €24,072 | +€6,158 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,915 | €24,072 | +€6,158 | +34.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.