SDI CONSULTING: 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.
SDI CONSULTING
Largest movements
- Tangible fixed assets -€201,319
down €201,319 (-98.0%), from €205,490 to €4,171
of which Land and buildings: -€205,490
- Cash +€69,316
up €69,316 (+87.6%), from €79,153 to €148,469
mainly Investment in fixed assets (net) (+€200,803) and Net result for the year (+€90,279)
- Receivables after one year +€55,800
up €55,800 (+26.7%), from €209,000 to €264,800
- Receivables within one year -€19,752
down €19,752 (-44.4%), from €44,440 to €24,688
of which Trade receivables: -€37,074
- Stocks and contracts +€10,085
up €10,085 (+38.9%), from €25,937 to €36,022
- Other debts -€171,912
down €171,912 (-98.7%), from €174,126 to €2,214
- Reserves +€90,279
up €90,279 (+31.1%), from €289,859 to €380,138
of which Distributable reserves: +€90,279
- Trade debts +€76,058
up €76,058 (+383%), from €19,842 to €95,900
- Debts after one year -€65,380
no longer reported in 2025 (was €65,380)
- Tax, wage and social debts -€14,915
down €14,915 (-74.0%), from €20,148 to €5,233
- Gross operating margin +€36,940
up €36,940 (+34.9%), from €105,929 to €142,869
- Taxes +€18,778
up €18,778 (+78.6%), from €23,900 to €42,678
- Depreciation -€9,350
down €9,350 (-94.8%), from €9,866 to €516
- Financial charges -€2,827
down €2,827 (-33.9%), from €8,335 to €5,508
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 | €587,947 | €502,077 | -€85,870 | -14.6% |
| Fixed assets | 21/28 | €208,289 | €6,970 | -€201,319 | -96.7% |
| Tangible fixed assets | 22/27 | €205,490 | €4,171 | -€201,319 | -98.0% |
| Land and buildings | 22 | €205,490 | - | -€205,490 | |
| Furniture and vehicles | 24 | - | €4,171 | +€4,171 | |
| Financial fixed assets | 28 | €2,799 | €2,799 | = | 0.0% |
| Current assets | 29/58 | €379,658 | €495,107 | +€115,449 | +30.4% |
| Amounts receivable after more than one year | 29 | €209,000 | €264,800 | +€55,800 | +26.7% |
| Other amounts receivable | 291 | €209,000 | €264,800 | +€55,800 | +26.7% |
| Stocks and contracts in progress | 3 | €25,937 | €36,022 | +€10,085 | +38.9% |
| Stocks | 30/36 | €25,937 | €36,022 | +€10,085 | +38.9% |
| Amounts receivable within one year | 40/41 | €44,440 | €24,688 | -€19,752 | -44.4% |
| Trade receivables | 40 | €44,440 | €7,366 | -€37,074 | -83.4% |
| Other amounts receivable | 41 | - | €17,322 | +€17,322 | |
| Current investments | 50/53 | €21,128 | €21,128 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,153 | €148,469 | +€69,316 | +87.6% |
| Total equity and liabilities | 10/49 | €587,947 | €502,077 | -€85,870 | -14.6% |
| Equity | 10/15 | €308,451 | €398,730 | +€90,279 | +29.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €289,859 | €380,138 | +€90,279 | +31.1% |
| Non-distributable reserves | 130/1 | €15,359 | €15,359 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,359 | €15,359 | = | 0.0% |
| Distributable reserves | 133 | €274,500 | €364,779 | +€90,279 | +32.9% |
| Amounts payable | 17/49 | €279,496 | €103,347 | -€176,149 | -63.0% |
| Amounts payable after more than one year | 17 | €65,380 | - | -€65,380 | |
| Financial debts | 170/4 | €65,380 | - | -€65,380 | |
| Amounts payable within one year | 42/48 | €214,116 | €103,347 | -€110,769 | -51.7% |
| Trade debts | 44 | €19,842 | €95,900 | +€76,058 | +383% |
| Suppliers | 440/4 | €19,842 | €95,900 | +€76,058 | +383% |
| Taxes, remuneration and social security | 45 | €20,148 | €5,233 | -€14,915 | -74.0% |
| Taxes | 450/3 | €20,148 | €5,233 | -€14,915 | -74.0% |
| Other amounts payable | 47/48 | €174,126 | €2,214 | -€171,912 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,866 | €516 | -€9,350 | -94.8% |
| Other operating charges | 640/8 | €3,521 | €4,084 | +€563 | +16.0% |
| Gross operating margin | 9900 | €105,929 | €142,869 | +€36,940 | +34.9% |
| Operating profit (loss) | 9901 | €92,542 | €138,269 | +€45,727 | +49.4% |
| Financial income | 75/76B | €250 | €196 | -€54 | -21.6% |
| Recurring financial income | 75 | €250 | €196 | -€54 | -21.6% |
| Financial charges | 65/66B | €8,335 | €5,508 | -€2,827 | -33.9% |
| Recurring financial charges | 65 | €8,335 | €5,508 | -€2,827 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €84,457 | €132,957 | +€48,500 | +57.4% |
| Income taxes | 67/77 | €23,900 | €42,678 | +€18,778 | +78.6% |
| Profit (loss) for the period | 9904 | €60,557 | €90,279 | +€29,722 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,557 | €90,279 | +€29,722 | +49.1% |
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.