SDK 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.
SDK Consulting
Largest movements
- Cash +€29,151
up €29,151 (+29.2%), from €99,931 to €129,082
mainly Net result for the year (+€28,987) and Receivables within one year (+€3,685)
- Receivables within one year -€3,685
down €3,685 (-71.1%), from €5,185 to €1,500
of which Other amounts receivable: -€3,443
- Tangible fixed assets -€1,334
no longer reported in 2025 (was €1,334)
- Reserves +€28,987
up €28,987 (+455.8%), from €6,359 to €35,347
of which Distributable reserves: +€33,487
- Trade debts -€4,200
no longer reported in 2025 (was €4,200)
- Turnover +€35,699
new in 2025: €35,699
- Gross operating margin +€23,590
up €23,590 (+117.5%), from €20,068 to €43,659
- Taxes +€6,446
up €6,446 (+82.5%), from €7,812 to €14,258
- Depreciation -€1,612
no longer reported in 2025 (was €1,612)
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 | €106,450 | €130,582 | +€24,132 | +22.7% |
| Fixed assets | 21/28 | €1,334 | - | -€1,334 | |
| Tangible fixed assets | 22/27 | €1,334 | - | -€1,334 | |
| Furniture and vehicles | 24 | €1,334 | - | -€1,334 | |
| Current assets | 29/58 | €105,116 | €130,582 | +€25,466 | +24.2% |
| Amounts receivable within one year | 40/41 | €5,185 | €1,500 | -€3,685 | -71.1% |
| Trade receivables | 40 | €242 | - | -€242 | |
| Other amounts receivable | 41 | €4,943 | €1,500 | -€3,443 | -69.7% |
| Cash at bank and in hand | 54/58 | €99,931 | €129,082 | +€29,151 | +29.2% |
| Total equity and liabilities | 10/49 | €106,450 | €130,582 | +€24,132 | +22.7% |
| Equity | 10/15 | €97,250 | €126,237 | +€28,987 | +29.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €6,359 | €35,347 | +€28,987 | +455.8% |
| Non-distributable reserves | 130/1 | €6,359 | €1,859 | -€4,500 | -70.8% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €4,500 | €1,859 | -€2,641 | -58.7% |
| Distributable reserves | 133 | - | €33,487 | +€33,487 | |
| Profit (loss) carried forward | 14 | €72,298 | €72,298 | = | 0.0% |
| Amounts payable | 17/49 | €9,200 | €4,345 | -€4,856 | -52.8% |
| Amounts payable within one year | 42/48 | €9,200 | €4,345 | -€4,856 | -52.8% |
| Trade debts | 44 | €4,200 | - | -€4,200 | |
| Suppliers | 440/4 | €4,200 | - | -€4,200 | |
| Taxes, remuneration and social security | 45 | €5,000 | €4,345 | -€655 | -13.1% |
| Taxes | 450/3 | €5,000 | €4,345 | -€655 | -13.1% |
| Turnover | 70 | - | €35,699 | +€35,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,612 | - | -€1,612 | |
| Other operating charges | 640/8 | €782 | €400 | -€382 | -48.9% |
| Gross operating margin | 9900 | €20,068 | €43,659 | +€23,590 | +117.5% |
| Operating profit (loss) | 9901 | €17,675 | €43,259 | +€25,584 | +144.7% |
| Financial income | 75/76B | €271 | €32 | -€239 | -88.3% |
| Recurring financial income | 75 | €271 | €32 | -€239 | -88.3% |
| Financial charges | 65/66B | €45 | €45 | +€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €17,901 | €43,246 | +€25,345 | +141.6% |
| Income taxes | 67/77 | €7,812 | €14,258 | +€6,446 | +82.5% |
| Profit (loss) for the period | 9904 | €10,088 | €28,987 | +€18,899 | +187.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,088 | €28,987 | +€18,899 | +187.3% |
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 9 October 2026 via checked.be.