SDO COOKING: 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.
SDO COOKING
Largest movements
- Tangible fixed assets -€21,443
down €21,443 (-8.4%), from €256,588 to €235,145
of which Plant, machinery and equipment: -€11,166
- Receivables within one year -€4,944
down €4,944 (-46.9%), from €10,542 to €5,598
- Profit (loss) carried forward -€35,913
down €35,913 (-112.7%), from -€31,878 to -€67,791
- Trade debts +€34,883
up €34,883 (+172.9%), from €20,174 to €55,057
- Debts after one year -€20,374
down €20,374 (-9.6%), from €212,582 to €192,208
- Tax, wage and social debts -€5,778
down €5,778 (-17.8%), from €32,390 to €26,612
of which Taxes: -€9,282
- Gross operating margin -€47,455
down €47,455 (-56.3%), from €84,239 to €36,784
- Staff costs -€33,395
down €33,395 (-55.6%), from €60,115 to €26,720
- Other operating charges -€2,475
down €2,475 (-29.5%), from €8,392 to €5,917
- Depreciation +€973
up €973 (+3.5%), from €27,499 to €28,472
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 | €291,166 | €265,259 | -€25,907 | -8.9% |
| Fixed assets | 21/28 | €258,323 | €235,690 | -€22,633 | -8.8% |
| Intangible fixed assets | 21 | €1,190 | - | -€1,190 | |
| Tangible fixed assets | 22/27 | €256,588 | €235,145 | -€21,443 | -8.4% |
| Land and buildings | 22 | €227,425 | €217,219 | -€10,206 | -4.5% |
| Plant, machinery and equipment | 23 | €24,316 | €13,150 | -€11,166 | -45.9% |
| Furniture and vehicles | 24 | €4,847 | €4,776 | -€71 | -1.5% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €32,843 | €29,569 | -€3,274 | -10.0% |
| Stocks and contracts in progress | 3 | €14,456 | €14,456 | = | 0.0% |
| Stocks | 30/36 | €14,456 | €14,456 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,542 | €5,598 | -€4,944 | -46.9% |
| Other amounts receivable | 41 | €10,542 | €5,598 | -€4,944 | -46.9% |
| Cash at bank and in hand | 54/58 | €7,644 | €9,515 | +€1,871 | +24.5% |
| Deferred charges and accrued income | 490/1 | €201 | - | -€201 | |
| Total equity and liabilities | 10/49 | €291,166 | €265,259 | -€25,907 | -8.9% |
| Equity | 10/15 | -€13,278 | -€49,191 | -€35,913 | -270.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,878 | -€67,791 | -€35,913 | -112.7% |
| Amounts payable | 17/49 | €304,444 | €314,450 | +€10,006 | +3.3% |
| Amounts payable after more than one year | 17 | €212,582 | €192,208 | -€20,374 | -9.6% |
| Financial debts | 170/4 | €212,582 | €192,208 | -€20,374 | -9.6% |
| Amounts payable within one year | 42/48 | €91,862 | €122,242 | +€30,380 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €19,969 | €21,925 | +€1,956 | +9.8% |
| Financial debts | 43 | €19,329 | €18,648 | -€681 | -3.5% |
| Credit institutions | 430/8 | €19,329 | €18,648 | -€681 | -3.5% |
| Trade debts | 44 | €20,174 | €55,057 | +€34,883 | +172.9% |
| Suppliers | 440/4 | €20,174 | €55,057 | +€34,883 | +172.9% |
| Taxes, remuneration and social security | 45 | €32,390 | €26,612 | -€5,778 | -17.8% |
| Taxes | 450/3 | €26,440 | €17,158 | -€9,282 | -35.1% |
| Remuneration and social security | 454/9 | €5,950 | €9,454 | +€3,504 | +58.9% |
| Remuneration, social security and pensions | 62 | €60,115 | €26,720 | -€33,395 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,499 | €28,472 | +€973 | +3.5% |
| Other operating charges | 640/8 | €8,392 | €5,917 | -€2,475 | -29.5% |
| Gross operating margin | 9900 | €84,239 | €36,784 | -€47,455 | -56.3% |
| Operating profit (loss) | 9901 | -€11,767 | -€24,325 | -€12,558 | -106.7% |
| Financial income | 75/76B | €164 | €1 | -€163 | -99.4% |
| Recurring financial income | 75 | €164 | €1 | -€163 | -99.4% |
| Financial charges | 65/66B | €11,283 | €11,305 | +€22 | +0.2% |
| Recurring financial charges | 65 | €11,283 | €11,305 | +€22 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,886 | -€35,629 | -€12,743 | -55.7% |
| Income taxes | 67/77 | €185 | €284 | +€99 | +53.5% |
| Profit (loss) for the period | 9904 | -€23,071 | -€35,913 | -€12,842 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,071 | -€35,913 | -€12,842 | -55.7% |
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.