SDE Technics: 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.
SDE Technics
Largest movements
- Cash -€67,384
down €67,384 (-24.5%), from €275,161 to €207,777
mainly Other debts (-€118,492) and Tax, wage and social debts (-€6,064)
- Receivables within one year -€4,715
down €4,715 (-38.6%), from €12,228 to €7,513
- Tangible fixed assets -€3,071
down €3,071 (-35.1%), from €8,749 to €5,678
of which Furniture and vehicles: -€3,029
- Other debts -€118,492
down €118,492 (-45.1%), from €262,830 to €144,338
- Profit (loss) carried forward +€49,935
up €49,935 (+16900.9%), from €295 to €50,231
- Tax, wage and social debts -€6,064
down €6,064 (-49.0%), from €12,377 to €6,313
- Gross operating margin +€13,253
up €13,253 (+23.2%), from €57,146 to €70,399
- Taxes +€3,348
up €3,348 (+24.4%), from €13,706 to €17,055
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 | €296,909 | €221,379 | -€75,530 | -25.4% |
| Fixed assets | 21/28 | €8,749 | €5,678 | -€3,071 | -35.1% |
| Tangible fixed assets | 22/27 | €8,749 | €5,678 | -€3,071 | -35.1% |
| Plant, machinery and equipment | 23 | €41 | €0 | -€41 | -100.0% |
| Furniture and vehicles | 24 | €8,707 | €5,678 | -€3,029 | -34.8% |
| Current assets | 29/58 | €288,160 | €215,701 | -€72,459 | -25.1% |
| Amounts receivable within one year | 40/41 | €12,228 | €7,513 | -€4,715 | -38.6% |
| Trade receivables | 40 | €12,228 | €7,513 | -€4,715 | -38.6% |
| Cash at bank and in hand | 54/58 | €275,161 | €207,777 | -€67,384 | -24.5% |
| Deferred charges and accrued income | 490/1 | €771 | €411 | -€360 | -46.7% |
| Total equity and liabilities | 10/49 | €296,909 | €221,379 | -€75,530 | -25.4% |
| Equity | 10/15 | €20,755 | €70,691 | +€49,935 | +240.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €295 | €50,231 | +€49,935 | +16900.9% |
| Amounts payable | 17/49 | €276,154 | €150,688 | -€125,465 | -45.4% |
| Amounts payable within one year | 42/48 | €275,824 | €150,688 | -€125,136 | -45.4% |
| Trade debts | 44 | €617 | €38 | -€580 | -93.9% |
| Suppliers | 440/4 | €617 | €38 | -€580 | -93.9% |
| Taxes, remuneration and social security | 45 | €12,377 | €6,313 | -€6,064 | -49.0% |
| Taxes | 450/3 | €12,377 | €6,313 | -€6,064 | -49.0% |
| Other amounts payable | 47/48 | €262,830 | €144,338 | -€118,492 | -45.1% |
| Accrued charges and deferred income | 492/3 | €330 | €0 | -€330 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,149 | €3,071 | -€78 | -2.5% |
| Other operating charges | 640/8 | €466 | €216 | -€250 | -53.6% |
| Gross operating margin | 9900 | €57,146 | €70,399 | +€13,253 | +23.2% |
| Operating profit (loss) | 9901 | €53,531 | €67,112 | +€13,582 | +25.4% |
| Financial charges | 65/66B | €153 | €122 | -€31 | -20.1% |
| Recurring financial charges | 65 | €153 | €122 | -€31 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €53,378 | €66,990 | +€13,612 | +25.5% |
| Income taxes | 67/77 | €13,706 | €17,055 | +€3,348 | +24.4% |
| Profit (loss) for the period | 9904 | €39,672 | €49,935 | +€10,264 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,672 | €49,935 | +€10,264 | +25.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.