SDK.TECH: 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.TECH
Largest movements
- Cash +€62,967
up €62,967 (+233%), from €26,974 to €89,941
mainly Net result for the year (+€71,328) and Depreciation (+€16,597)
- Tangible fixed assets -€4,797
down €4,797 (-9.3%), from €51,805 to €47,007
of which Plant, machinery and equipment: -€2,924
- Receivables within one year -€2,693
down €2,693 (-20.3%), from €13,269 to €10,576
of which Trade receivables: -€5,681
- Profit (loss) carried forward +€65,735
up €65,735 (+268%), from €24,567 to €90,302
- Debts after one year -€21,514
down €21,514 (-100%), from €21,514 to €0
- Trade debts +€5,449
up €5,449 (+178%), from €3,056 to €8,505
- Current portion of long-term debt +€4,829
up €4,829 (+23.7%), from €20,348 to €25,177
- Tax, wage and social debts +€2,034
up €2,034 (+21.4%), from €9,507 to €11,541
- Gross operating margin +€30,055
up €30,055 (+38.7%), from €77,627 to €107,683
- Staff costs -€16,402
down €16,402 (-96.3%), from €17,036 to €635
- Taxes +€3,441
up €3,441 (+36.6%), from €9,407 to €12,848
- Financial charges -€3,430
down €3,430 (-49.8%), from €6,883 to €3,453
- Depreciation -€2,199
down €2,199 (-11.7%), from €18,796 to €16,597
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 | €92,048 | €147,524 | +€55,477 | +60.3% |
| Fixed assets | 21/28 | €51,805 | €47,007 | -€4,797 | -9.3% |
| Tangible fixed assets | 22/27 | €51,805 | €47,007 | -€4,797 | -9.3% |
| Plant, machinery and equipment | 23 | €5,919 | €2,995 | -€2,924 | -49.4% |
| Furniture and vehicles | 24 | €45,885 | €44,012 | -€1,874 | -4.1% |
| Current assets | 29/58 | €40,243 | €100,517 | +€60,274 | +150% |
| Amounts receivable within one year | 40/41 | €13,269 | €10,576 | -€2,693 | -20.3% |
| Trade receivables | 40 | €9,505 | €3,824 | -€5,681 | -59.8% |
| Other amounts receivable | 41 | €3,764 | €6,753 | +€2,989 | +79.4% |
| Cash at bank and in hand | 54/58 | €26,974 | €89,941 | +€62,967 | +233% |
| Total equity and liabilities | 10/49 | €92,048 | €147,524 | +€55,477 | +60.3% |
| Equity | 10/15 | €36,567 | €102,302 | +€65,735 | +180% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,567 | €90,302 | +€65,735 | +268% |
| Amounts payable | 17/49 | €55,481 | €45,222 | -€10,258 | -18.5% |
| Amounts payable after more than one year | 17 | €21,514 | €0 | -€21,514 | -100% |
| Financial debts | 170/4 | €21,514 | €0 | -€21,514 | -100% |
| Amounts payable within one year | 42/48 | €33,966 | €45,222 | +€11,256 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €20,348 | €25,177 | +€4,829 | +23.7% |
| Trade debts | 44 | €3,056 | €8,505 | +€5,449 | +178% |
| Suppliers | 440/4 | €3,056 | €8,505 | +€5,449 | +178% |
| Taxes, remuneration and social security | 45 | €9,507 | €11,541 | +€2,034 | +21.4% |
| Taxes | 450/3 | €9,507 | €11,541 | +€2,034 | +21.4% |
| Other amounts payable | 47/48 | €1,055 | €0 | -€1,055 | -100% |
| Remuneration, social security and pensions | 62 | €17,036 | €635 | -€16,402 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,796 | €16,597 | -€2,199 | -11.7% |
| Other operating charges | 640/8 | €937 | €2,977 | +€2,040 | +218% |
| Gross operating margin | 9900 | €77,627 | €107,683 | +€30,055 | +38.7% |
| Operating profit (loss) | 9901 | €40,858 | €87,473 | +€46,616 | +114% |
| Financial income | 75/76B | €0 | €156 | +€156 | +155,500% |
| Recurring financial income | 75 | €0 | €156 | +€156 | +155,500% |
| Financial charges | 65/66B | €6,883 | €3,453 | -€3,430 | -49.8% |
| Recurring financial charges | 65 | €6,883 | €3,453 | -€3,430 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €33,974 | €84,176 | +€50,202 | +148% |
| Income taxes | 67/77 | €9,407 | €12,848 | +€3,441 | +36.6% |
| Profit (loss) for the period | 9904 | €24,567 | €71,328 | +€46,761 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €24,567 | €71,328 | +€46,761 | +190% |
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 15 October 2026 via checked.be.