SDD INSTAL: 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.
SDD INSTAL
Largest movements
- Deferred charges and accrued income +€8,629
up €8,629 (+34.7%), from €24,854 to €33,483
- Cash -€2,276
down €2,276 (-17.3%), from €13,164 to €10,888
mainly Deferred charges and accrued income (-€8,629) and Stocks and contracts (-€815)
- Tangible fixed assets -€1,797
down €1,797 (-69.9%), from €2,571 to €774
- Stocks and contracts +€815
up €815 (+25.8%), from €3,160 to €3,975
- Profit (loss) carried forward +€2,260
up €2,260 (+4.8%), from €47,558 to €49,818
- Tax, wage and social debts +€1,478
new in 2025: €1,478
- Trade debts +€1,148
new in 2025: €1,148
- Turnover +€29,061
up €29,061 (+16.4%), from €177,739 to €206,800
- Purchases and services +€27,844
up €27,844 (+16.0%), from €174,324 to €202,168
- Gross operating margin +€3,870
up €3,870 (+99.9%), from €3,872 to €7,742
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 | €51,653 | €56,519 | +€4,866 | +9.4% |
| Fixed assets | 21/28 | €2,821 | €1,024 | -€1,797 | -63.7% |
| Tangible fixed assets | 22/27 | €2,571 | €774 | -€1,797 | -69.9% |
| Plant, machinery and equipment | 23 | €2,571 | €774 | -€1,797 | -69.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €48,832 | €55,495 | +€6,663 | +13.6% |
| Stocks and contracts in progress | 3 | €3,160 | €3,975 | +€815 | +25.8% |
| Stocks | 30/36 | €3,160 | €3,975 | +€815 | +25.8% |
| Amounts receivable within one year | 40/41 | €7,654 | €7,149 | -€505 | -6.6% |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €3,654 | €7,149 | +€3,495 | +95.6% |
| Cash at bank and in hand | 54/58 | €13,164 | €10,888 | -€2,276 | -17.3% |
| Deferred charges and accrued income | 490/1 | €24,854 | €33,483 | +€8,629 | +34.7% |
| Total equity and liabilities | 10/49 | €51,653 | €56,519 | +€4,866 | +9.4% |
| Equity | 10/15 | €51,408 | €53,668 | +€2,260 | +4.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €350 | €350 | = | 0.0% |
| Distributable reserves | 133 | €350 | €350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,558 | €49,818 | +€2,260 | +4.8% |
| Amounts payable | 17/49 | €245 | €2,851 | +€2,606 | +1,062% |
| Amounts payable within one year | 42/48 | €245 | €2,851 | +€2,606 | +1,062% |
| Trade debts | 44 | - | €1,148 | +€1,148 | |
| Suppliers | 440/4 | - | €1,148 | +€1,148 | |
| Taxes, remuneration and social security | 45 | - | €1,478 | +€1,478 | |
| Taxes | 450/3 | - | €1,478 | +€1,478 | |
| Other amounts payable | 47/48 | €245 | €225 | -€20 | -8.3% |
| Turnover | 70 | €177,739 | €206,800 | +€29,061 | +16.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €174,324 | €202,168 | +€27,844 | +16.0% |
| Remuneration, social security and pensions | 62 | €576 | €1,366 | +€790 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,208 | €1,797 | -€412 | -18.7% |
| Other operating charges | 640/8 | €149 | €624 | +€475 | +319% |
| Gross operating margin | 9900 | €3,872 | €7,742 | +€3,870 | +99.9% |
| Operating profit (loss) | 9901 | €939 | €3,955 | +€3,016 | +321% |
| Financial income | 75/76B | €1 | €8 | +€7 | +1,470% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +1,470% |
| Financial charges | 65/66B | €131 | €225 | +€94 | +71.3% |
| Recurring financial charges | 65 | €131 | €225 | +€94 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €808 | €3,738 | +€2,930 | +363% |
| Income taxes | 67/77 | €10 | €1,478 | +€1,467 | +14,206% |
| Profit (loss) for the period | 9904 | €798 | €2,260 | +€1,463 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €798 | €2,260 | +€1,463 | +183% |
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 25 October 2026 via checked.be.