SDH IT: 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.
SDH IT
Largest movements
- Cash +€59,786
up €59,786 (+70.3%), from €85,014 to €144,801
mainly Depreciation (+€49,277) and Net result for the year (+€43,890)
- Tangible fixed assets -€26,461
down €26,461 (-3.6%), from €733,002 to €706,541
of which Leasing and similar rights: -€40,236
- Receivables within one year -€17,545
down €17,545 (-48.3%), from €36,300 to €18,755
- Reserves +€43,890
up €43,890 (+53.0%), from €82,781 to €126,671
- Debts after one year -€30,852
down €30,852 (-4.4%), from €707,937 to €677,085
- Gross operating margin +€13,036
up €13,036 (+9.9%), from €131,462 to €144,498
- Depreciation +€3,338
up €3,338 (+7.3%), from €45,939 to €49,277
- Other operating charges +€2,460
up €2,460 (+83.5%), from €2,946 to €5,406
- Taxes +€2,075
up €2,075 (+14.0%), from €14,845 to €16,920
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 | €854,316 | €870,097 | +€15,781 | +1.8% |
| Fixed assets | 21/28 | €733,002 | €706,541 | -€26,461 | -3.6% |
| Tangible fixed assets | 22/27 | €733,002 | €706,541 | -€26,461 | -3.6% |
| Furniture and vehicles | 24 | €17,354 | €10,675 | -€6,679 | -38.5% |
| Leasing and similar rights | 25 | €715,648 | €675,412 | -€40,236 | -5.6% |
| Other tangible fixed assets | 26 | - | €20,454 | +€20,454 | |
| Current assets | 29/58 | €121,314 | €163,556 | +€42,241 | +34.8% |
| Amounts receivable within one year | 40/41 | €36,300 | €18,755 | -€17,545 | -48.3% |
| Trade receivables | 40 | €36,300 | €18,755 | -€17,545 | -48.3% |
| Cash at bank and in hand | 54/58 | €85,014 | €144,801 | +€59,786 | +70.3% |
| Total equity and liabilities | 10/49 | €854,316 | €870,097 | +€15,781 | +1.8% |
| Equity | 10/15 | €84,781 | €128,671 | +€43,890 | +51.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €82,781 | €126,671 | +€43,890 | +53.0% |
| Distributable reserves | 133 | €82,781 | €126,671 | +€43,890 | +53.0% |
| Amounts payable | 17/49 | €769,535 | €741,426 | -€28,109 | -3.7% |
| Amounts payable after more than one year | 17 | €707,937 | €677,085 | -€30,852 | -4.4% |
| Financial debts | 170/4 | €707,937 | €677,085 | -€30,852 | -4.4% |
| Amounts payable within one year | 42/48 | €61,598 | €64,341 | +€2,743 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €29,872 | €30,852 | +€980 | +3.3% |
| Trade debts | 44 | €3,202 | €1,535 | -€1,666 | -52.0% |
| Suppliers | 440/4 | €3,202 | €1,535 | -€1,666 | -52.0% |
| Taxes, remuneration and social security | 45 | €19,465 | €21,399 | +€1,935 | +9.9% |
| Taxes | 450/3 | €19,465 | €21,399 | +€1,935 | +9.9% |
| Other amounts payable | 47/48 | €9,059 | €10,554 | +€1,495 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,939 | €49,277 | +€3,338 | +7.3% |
| Other operating charges | 640/8 | €2,946 | €5,406 | +€2,460 | +83.5% |
| Non-recurring operating charges | 66A | - | €472 | +€472 | |
| Gross operating margin | 9900 | €131,462 | €144,498 | +€13,036 | +9.9% |
| Operating profit (loss) | 9901 | €82,577 | €89,344 | +€6,767 | +8.2% |
| Financial income | 75/76B | €1 | €2 | +€1 | +157.1% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +157.1% |
| Financial charges | 65/66B | €29,148 | €28,536 | -€612 | -2.1% |
| Recurring financial charges | 65 | €29,148 | €28,536 | -€612 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €53,430 | €60,810 | +€7,380 | +13.8% |
| Income taxes | 67/77 | €14,845 | €16,920 | +€2,075 | +14.0% |
| Profit (loss) for the period | 9904 | €38,585 | €43,890 | +€5,305 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,585 | €43,890 | +€5,305 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.