SDK STUDIO: what changed
Two fiscal 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 STUDIO
Largest movements
- Receivables within one year +€10,395
up €10,395 (+135.2%), from €7,687 to €18,082
of which Trade receivables: +€11,602
- Stocks and contracts -€8,174
no longer reported in 2024 (was €8,174)
- Cash +€1,062
new in 2024: €1,062
mainly Other debts (+€18,628) and Stocks and contracts (+€8,174)
- Financial fixed assets -€417
no longer reported in 2024 (was €417)
- Deferred charges and accrued income +€299
up €299 (+182.3%), from €164 to €463
- Other debts +€18,628
up €18,628 (+1226.3%), from €1,519 to €20,147
- Accrued charges and deferred income -€11,899
down €11,899 (-97.2%), from €12,244 to €345
- Profit (loss) carried forward -€11,672
down €11,672 (-290.9%), from -€4,012 to -€15,684
- Tax, wage and social debts +€5,024
up €5,024 (+119.6%), from €4,199 to €9,223
- Trade debts +€3,830
new in 2024: €3,830
- Write-downs +€8,174
new in 2024: €8,174
- Gross operating margin +€3,083
up €3,083 (+60.3%), from -€5,112 to -€2,029
- Financial charges -€993
down €993 (-68.3%), from €1,454 to €461
- Other operating charges +€501
new in 2024: €501
- Taxes +€393
new in 2024: €393
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,810 | €19,861 | +€3,051 | +18.1% |
| Fixed assets | 21/28 | €785 | €254 | -€531 | -67.6% |
| Tangible fixed assets | 22/27 | €368 | €254 | -€114 | -31.0% |
| Furniture and vehicles | 24 | €368 | €254 | -€114 | -31.0% |
| Financial fixed assets | 28 | €417 | - | -€417 | |
| Current assets | 29/58 | €16,025 | €19,607 | +€3,582 | +22.4% |
| Stocks and contracts in progress | 3 | €8,174 | - | -€8,174 | |
| Stocks | 30/36 | €8,174 | - | -€8,174 | |
| Amounts receivable within one year | 40/41 | €7,687 | €18,082 | +€10,395 | +135.2% |
| Trade receivables | 40 | €6,480 | €18,082 | +€11,602 | +179.0% |
| Other amounts receivable | 41 | €1,207 | - | -€1,207 | |
| Cash at bank and in hand | 54/58 | - | €1,062 | +€1,062 | |
| Deferred charges and accrued income | 490/1 | €164 | €463 | +€299 | +182.3% |
| Total equity and liabilities | 10/49 | €16,810 | €19,861 | +€3,051 | +18.1% |
| Equity | 10/15 | -€2,012 | -€13,684 | -€11,672 | -580.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,012 | -€15,684 | -€11,672 | -290.9% |
| Amounts payable | 17/49 | €18,822 | €33,545 | +€14,723 | +78.2% |
| Amounts payable within one year | 42/48 | €6,578 | €33,200 | +€26,622 | +404.7% |
| Current portion of amounts payable after more than one year | 42 | €860 | - | -€860 | |
| Trade debts | 44 | - | €3,830 | +€3,830 | |
| Suppliers | 440/4 | - | €3,830 | +€3,830 | |
| Taxes, remuneration and social security | 45 | €4,199 | €9,223 | +€5,024 | +119.6% |
| Taxes | 450/3 | €4,199 | €9,223 | +€5,024 | +119.6% |
| Other amounts payable | 47/48 | €1,519 | €20,147 | +€18,628 | +1226.3% |
| Accrued charges and deferred income | 492/3 | €12,244 | €345 | -€11,899 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €114 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,174 | +€8,174 | |
| Other operating charges | 640/8 | - | €501 | +€501 | |
| Gross operating margin | 9900 | -€5,112 | -€2,029 | +€3,083 | +60.3% |
| Operating profit (loss) | 9901 | -€5,226 | -€10,818 | -€5,592 | -107.0% |
| Financial charges | 65/66B | €1,454 | €461 | -€993 | -68.3% |
| Recurring financial charges | 65 | €1,454 | €461 | -€993 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,680 | -€11,279 | -€4,599 | -68.8% |
| Income taxes | 67/77 | - | €393 | +€393 | |
| Profit (loss) for the period | 9904 | -€6,680 | -€11,672 | -€4,992 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,680 | -€11,672 | -€4,992 | -74.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.