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 -€56,266
down €56,266 (-54.9%), from €102,437 to €46,171
mainly Receivables within one year (-€38,181) and Other debts (-€30,000)
- Receivables within one year +€38,181
up €38,181 (+106.6%), from €35,824 to €74,005
of which Other amounts receivable: +€26,520
- Deferred charges and accrued income -€14,241
down €14,241 (-99.4%), from €14,330 to €90
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Reserves +€26,315
up €26,315 (+34.2%), from €76,860 to €103,175
of which Distributable reserves: +€26,315
- Tax, wage and social debts -€25,756
down €25,756 (-86.9%), from €29,649 to €3,893
- Profit (loss) carried forward -€2,743
down €2,743 (-100.0%), from €2,743 to €0
- Gross operating margin -€26,634
down €26,634 (-38.8%), from €68,663 to €42,030
- Taxes -€6,187
down €6,187 (-35.6%), from €17,394 to €11,208
- Other operating charges +€790
up €790 (+80.2%), from €985 to €1,776
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 | €158,234 | €127,028 | -€31,206 | -19.7% |
| Fixed assets | 21/28 | €5,642 | €6,761 | +€1,119 | +19.8% |
| Tangible fixed assets | 22/27 | €5,642 | €6,761 | +€1,119 | +19.8% |
| Furniture and vehicles | 24 | €5,642 | €2,661 | -€2,981 | -52.8% |
| Other tangible fixed assets | 26 | - | €4,100 | +€4,100 | |
| Current assets | 29/58 | €152,591 | €120,266 | -€32,325 | -21.2% |
| Amounts receivable within one year | 40/41 | €35,824 | €74,005 | +€38,181 | +106.6% |
| Trade receivables | 40 | €33,596 | €45,258 | +€11,662 | +34.7% |
| Other amounts receivable | 41 | €2,228 | €28,748 | +€26,520 | +1190.5% |
| Cash at bank and in hand | 54/58 | €102,437 | €46,171 | -€56,266 | -54.9% |
| Deferred charges and accrued income | 490/1 | €14,330 | €90 | -€14,241 | -99.4% |
| Total equity and liabilities | 10/49 | €158,234 | €127,028 | -€31,206 | -19.7% |
| Equity | 10/15 | €98,203 | €121,775 | +€23,572 | +24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,860 | €103,175 | +€26,315 | +34.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €101,315 | +€26,315 | +35.1% |
| Profit (loss) carried forward | 14 | €2,743 | €0 | -€2,743 | -100.0% |
| Amounts payable | 17/49 | €60,031 | €5,253 | -€54,778 | -91.3% |
| Amounts payable within one year | 42/48 | €60,031 | €5,253 | -€54,778 | -91.3% |
| Trade debts | 44 | €382 | €1,359 | +€977 | +255.6% |
| Suppliers | 440/4 | €382 | €1,359 | +€977 | +255.6% |
| Taxes, remuneration and social security | 45 | €29,649 | €3,893 | -€25,756 | -86.9% |
| Taxes | 450/3 | €29,649 | €3,893 | -€25,756 | -86.9% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,505 | €5,072 | +€567 | +12.6% |
| Other operating charges | 640/8 | €985 | €1,776 | +€790 | +80.2% |
| Gross operating margin | 9900 | €68,663 | €42,030 | -€26,634 | -38.8% |
| Operating profit (loss) | 9901 | €63,173 | €35,182 | -€27,991 | -44.3% |
| Financial income | 75/76B | €722 | €713 | -€9 | -1.2% |
| Recurring financial income | 75 | €722 | €713 | -€9 | -1.2% |
| Financial charges | 65/66B | €769 | €1,115 | +€345 | +44.9% |
| Recurring financial charges | 65 | €769 | €1,115 | +€345 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €63,125 | €34,780 | -€28,345 | -44.9% |
| Income taxes | 67/77 | €17,394 | €11,208 | -€6,187 | -35.6% |
| Profit (loss) for the period | 9904 | €45,731 | €23,572 | -€22,159 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,731 | €23,572 | -€22,159 | -48.5% |
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.