SDEV-EVENTS DECORATION: 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.
SDEV-EVENTS DECORATION
Largest movements
- Stocks and contracts +€62,985
new in 2025: €62,985
- Cash +€52,095
up €52,095 (+261.8%), from €19,898 to €71,993
mainly Net result for the year (+€79,481) and Tax, wage and social debts (+€27,553)
- Tangible fixed assets -€20,880
down €20,880 (-5.4%), from €383,918 to €363,038
of which Land and buildings: -€15,938
- Receivables within one year +€6,621
up €6,621 (+10.8%), from €61,095 to €67,716
- Reserves +€79,481
up €79,481 (+274.1%), from €29,000 to €108,481
- Tax, wage and social debts +€27,553
up €27,553 (+92.6%), from €29,763 to €57,316
of which Taxes: +€21,360
- Debts after one year -€7,105
down €7,105 (-5.8%), from €121,706 to €114,600
- Gross operating margin +€140,122
up €140,122 (+126.7%), from €110,556 to €250,678
- Taxes +€32,161
up €32,161 (+55372.8%), from €58 to €32,219
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 | €465,462 | €568,226 | +€102,764 | +22.1% |
| Fixed assets | 21/28 | €384,123 | €363,243 | -€20,880 | -5.4% |
| Tangible fixed assets | 22/27 | €383,918 | €363,038 | -€20,880 | -5.4% |
| Land and buildings | 22 | €357,884 | €341,946 | -€15,938 | -4.5% |
| Plant, machinery and equipment | 23 | €4,134 | €12,854 | +€8,720 | +210.9% |
| Furniture and vehicles | 24 | €11,183 | €8,238 | -€2,945 | -26.3% |
| Other tangible fixed assets | 26 | €10,718 | - | -€10,718 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €81,339 | €204,982 | +€123,643 | +152.0% |
| Stocks and contracts in progress | 3 | - | €62,985 | +€62,985 | |
| Stocks | 30/36 | - | €62,985 | +€62,985 | |
| Amounts receivable within one year | 40/41 | €61,095 | €67,716 | +€6,621 | +10.8% |
| Trade receivables | 40 | €61,095 | €67,716 | +€6,621 | +10.8% |
| Cash at bank and in hand | 54/58 | €19,898 | €71,993 | +€52,095 | +261.8% |
| Deferred charges and accrued income | 490/1 | €346 | €2,288 | +€1,942 | +561.5% |
| Total equity and liabilities | 10/49 | €465,462 | €568,226 | +€102,764 | +22.1% |
| Equity | 10/15 | €4,624 | €84,105 | +€79,481 | +1719.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €29,000 | €108,481 | +€79,481 | +274.1% |
| Distributable reserves | 133 | €29,000 | €108,481 | +€79,481 | +274.1% |
| Profit (loss) carried forward | 14 | -€24,876 | -€24,876 | = | 0.0% |
| Amounts payable | 17/49 | €460,838 | €484,120 | +€23,282 | +5.1% |
| Amounts payable after more than one year | 17 | €121,706 | €114,600 | -€7,105 | -5.8% |
| Financial debts | 170/4 | €121,706 | €114,600 | -€7,105 | -5.8% |
| Amounts payable within one year | 42/48 | €339,133 | €369,008 | +€29,875 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €6,801 | €7,105 | +€304 | +4.5% |
| Trade debts | 44 | €11,136 | €16,189 | +€5,052 | +45.4% |
| Suppliers | 440/4 | €11,136 | €16,189 | +€5,052 | +45.4% |
| Taxes, remuneration and social security | 45 | €29,763 | €57,316 | +€27,553 | +92.6% |
| Taxes | 450/3 | €29,763 | €51,123 | +€21,360 | +71.8% |
| Remuneration and social security | 454/9 | €0 | €6,193 | +€6,193 | |
| Other amounts payable | 47/48 | €291,433 | €288,398 | -€3,035 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €512 | +€512 | |
| Remuneration, social security and pensions | 62 | €101,660 | €102,795 | +€1,135 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,117 | €26,056 | +€939 | +3.7% |
| Other operating charges | 640/8 | €3,004 | €4,423 | +€1,419 | +47.2% |
| Gross operating margin | 9900 | €110,556 | €250,678 | +€140,122 | +126.7% |
| Operating profit (loss) | 9901 | -€19,226 | €117,404 | +€136,629 | |
| Financial income | 75/76B | €265 | €0 | -€265 | -100.0% |
| Recurring financial income | 75 | €265 | €0 | -€265 | -100.0% |
| Financial charges | 65/66B | €6,020 | €5,704 | -€316 | -5.3% |
| Recurring financial charges | 65 | €6,020 | €5,704 | -€316 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,980 | €111,700 | +€136,680 | |
| Income taxes | 67/77 | €58 | €32,219 | +€32,161 | +55372.8% |
| Profit (loss) for the period | 9904 | -€25,038 | €79,481 | +€104,519 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,038 | €79,481 | +€104,519 |
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 10 October 2026 via checked.be.