SDL Technics: what changed
SDL Technics
Largest movements
- Tangible fixed assets +€267,745
up €267,745 (+125%), from €213,788 to €481,534
of which Land and buildings: +€261,402
- Cash -€50,567
down €50,567 (-18.3%), from €275,761 to €225,194
mainly Investment in fixed assets (net) (-€280,233) and Receivables within one year (-€15,635)
- Receivables within one year +€15,635
up €15,635 (+86.7%), from €18,031 to €33,666
of which Other amounts receivable: +€14,170
- Stocks and contracts +€9,375
up €9,375 (+167%), from €5,625 to €15,000
- Debts after one year +€145,802
up €145,802 (+128%), from €114,271 to €260,073
- Reserves +€48,447
up €48,447 (+14.2%), from €340,975 to €389,422
- Trade debts +€45,769
up €45,769 (+441%), from €10,367 to €56,136
- Tax, wage and social debts -€12,047
down €12,047 (-51.6%), from €23,343 to €11,296
- Current portion of long-term debt +€8,865
up €8,865 (+93.5%), from €9,484 to €18,349
- Gross operating margin -€51,130
down €51,130 (-32.9%), from €155,479 to €104,349
- Taxes -€16,214
down €16,214 (-52.5%), from €30,869 to €14,655
- Financial charges +€4,598
up €4,598 (+76.7%), from €5,993 to €10,591
- Staff costs -€2,661
down €2,661 (-35.5%), from €7,494 to €4,833
- Other operating charges +€2,074
up €2,074 (+26.8%), from €7,750 to €9,824
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,284 | €756,895 | +€236,611 | +45.5% |
| Fixed assets | 21/28 | €213,788 | €481,534 | +€267,745 | +125% |
| Tangible fixed assets | 22/27 | €213,788 | €481,534 | +€267,745 | +125% |
| Land and buildings | 22 | €206,342 | €467,745 | +€261,402 | +127% |
| Plant, machinery and equipment | 23 | €5,005 | €4,515 | -€489 | -9.8% |
| Furniture and vehicles | 24 | €352 | €7,801 | +€7,449 | +2,118% |
| Other tangible fixed assets | 26 | €2,090 | €1,473 | -€617 | -29.5% |
| Current assets | 29/58 | €306,495 | €275,361 | -€31,134 | -10.2% |
| Stocks and contracts in progress | 3 | €5,625 | €15,000 | +€9,375 | +167% |
| Stocks | 30/36 | €5,625 | €15,000 | +€9,375 | +167% |
| Amounts receivable within one year | 40/41 | €18,031 | €33,666 | +€15,635 | +86.7% |
| Trade receivables | 40 | €14,336 | €15,801 | +€1,465 | +10.2% |
| Other amounts receivable | 41 | €3,695 | €17,865 | +€14,170 | +384% |
| Cash at bank and in hand | 54/58 | €275,761 | €225,194 | -€50,567 | -18.3% |
| Deferred charges and accrued income | 490/1 | €7,079 | €1,501 | -€5,578 | -78.8% |
| Total equity and liabilities | 10/49 | €520,284 | €756,895 | +€236,611 | +45.5% |
| Equity | 10/15 | €359,575 | €408,022 | +€48,447 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €340,975 | €389,422 | +€48,447 | +14.2% |
| Distributable reserves | 133 | €340,975 | €389,422 | +€48,447 | +14.2% |
| Amounts payable | 17/49 | €160,709 | €348,873 | +€188,164 | +117% |
| Amounts payable after more than one year | 17 | €114,271 | €260,073 | +€145,802 | +128% |
| Financial debts | 170/4 | €114,271 | €260,073 | +€145,802 | +128% |
| Amounts payable within one year | 42/48 | €46,326 | €88,535 | +€42,208 | +91.1% |
| Current portion of amounts payable after more than one year | 42 | €9,484 | €18,349 | +€8,865 | +93.5% |
| Trade debts | 44 | €10,367 | €56,136 | +€45,769 | +441% |
| Suppliers | 440/4 | €10,367 | €56,136 | +€45,769 | +441% |
| Taxes, remuneration and social security | 45 | €23,343 | €11,296 | -€12,047 | -51.6% |
| Taxes | 450/3 | €23,343 | €11,296 | -€12,047 | -51.6% |
| Other amounts payable | 47/48 | €3,132 | €2,754 | -€378 | -12.1% |
| Accrued charges and deferred income | 492/3 | €111 | €266 | +€155 | +139% |
| Remuneration, social security and pensions | 62 | €7,494 | €4,833 | -€2,661 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,380 | €12,487 | +€1,107 | +9.7% |
| Other operating charges | 640/8 | €7,750 | €9,824 | +€2,074 | +26.8% |
| Non-recurring operating charges | 66A | - | €2,800 | +€2,800 | |
| Gross operating margin | 9900 | €155,479 | €104,349 | -€51,130 | -32.9% |
| Operating profit (loss) | 9901 | €128,855 | €74,404 | -€54,451 | -42.3% |
| Financial income | 75/76B | €0 | €121 | +€121 | +1,209,500% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +1,209,500% |
| Financial charges | 65/66B | €5,993 | €10,591 | +€4,598 | +76.7% |
| Recurring financial charges | 65 | €5,993 | €10,591 | +€4,598 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €122,862 | €63,934 | -€58,928 | -48.0% |
| Income taxes | 67/77 | €30,869 | €14,655 | -€16,214 | -52.5% |
| Profit (loss) for the period | 9904 | €91,993 | €49,280 | -€42,714 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,993 | €49,280 | -€42,714 | -46.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.