SDDS PARTNERS: 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.
SDDS PARTNERS
Largest movements
- Receivables within one year -€4,061
down €4,061 (-8.5%), from €47,846 to €43,785
- Tangible fixed assets -€635
down €635 (-100.0%), from €635 to €0
- Profit (loss) carried forward -€6,113
down €6,113 (-25.8%), from -€23,680 to -€29,793
- Trade debts +€743
up €743 (+2.2%), from €34,200 to €34,943
- Other debts +€500
up €500 (+2.6%), from €19,587 to €20,087
- Taxes -€5,309
no longer reported in 2025 (was €5,309)
- Other operating charges +€5,156
up €5,156 (+431.1%), from €1,196 to €6,352
- Gross operating margin +€4,025
up €4,025, from -€2,851 to €1,174
- Depreciation -€693
down €693 (-52.2%), from €1,328 to €635
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 | €48,707 | €43,838 | -€4,869 | -10.0% |
| Fixed assets | 21/28 | €635 | €0 | -€635 | -100.0% |
| Tangible fixed assets | 22/27 | €635 | €0 | -€635 | -100.0% |
| Furniture and vehicles | 24 | €635 | €0 | -€635 | -100.0% |
| Current assets | 29/58 | €48,072 | €43,838 | -€4,234 | -8.8% |
| Amounts receivable within one year | 40/41 | €47,846 | €43,785 | -€4,061 | -8.5% |
| Other amounts receivable | 41 | €47,846 | €43,785 | -€4,061 | -8.5% |
| Cash at bank and in hand | 54/58 | €226 | €53 | -€173 | -76.6% |
| Total equity and liabilities | 10/49 | €48,707 | €43,838 | -€4,869 | -10.0% |
| Equity | 10/15 | -€5,080 | -€11,193 | -€6,113 | -120.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,680 | -€29,793 | -€6,113 | -25.8% |
| Amounts payable | 17/49 | €53,787 | €55,030 | +€1,243 | +2.3% |
| Amounts payable within one year | 42/48 | €53,787 | €55,030 | +€1,243 | +2.3% |
| Trade debts | 44 | €34,200 | €34,943 | +€743 | +2.2% |
| Suppliers | 440/4 | €34,200 | €34,943 | +€743 | +2.2% |
| Other amounts payable | 47/48 | €19,587 | €20,087 | +€500 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,328 | €635 | -€693 | -52.2% |
| Other operating charges | 640/8 | €1,196 | €6,352 | +€5,156 | +431.1% |
| Gross operating margin | 9900 | -€2,851 | €1,174 | +€4,025 | |
| Operating profit (loss) | 9901 | -€5,375 | -€5,813 | -€438 | -8.2% |
| Financial charges | 65/66B | €276 | €300 | +€24 | +8.7% |
| Recurring financial charges | 65 | €276 | €300 | +€24 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,651 | -€6,113 | -€462 | -8.2% |
| Income taxes | 67/77 | €5,309 | - | -€5,309 | |
| Profit (loss) for the period | 9904 | -€10,960 | -€6,113 | +€4,847 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,960 | -€6,113 | +€4,847 | +44.2% |
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 2 October 2026 via checked.be.