SDOB: 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.
SDOB
Largest movements
- Cash +€6,548
up €6,548 (+12.6%), from €52,074 to €58,622
mainly Net result for the year (+€42,035) and Receivables within one year (+€2,383)
- Receivables within one year -€2,383
down €2,383 (-13.4%), from €17,758 to €15,375
of which Trade receivables: -€3,970
- Tangible fixed assets -€1,931
down €1,931 (-43.7%), from €4,420 to €2,488
- Profit (loss) carried forward +€7,635
up €7,635 (+10.4%), from €73,057 to €80,692
- Trade debts -€6,527
down €6,527 (-87.9%), from €7,425 to €898
- Gross operating margin +€4,583
up €4,583 (+9.0%), from €50,763 to €55,346
- Taxes +€875
up €875 (+8.8%), from €9,923 to €10,798
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 | €93,564 | €95,583 | +€2,018 | +2.2% |
| Fixed assets | 21/28 | €4,455 | €2,488 | -€1,966 | -44.1% |
| Tangible fixed assets | 22/27 | €4,420 | €2,488 | -€1,931 | -43.7% |
| Furniture and vehicles | 24 | €4,420 | €2,488 | -€1,931 | -43.7% |
| Financial fixed assets | 28 | €35 | - | -€35 | |
| Current assets | 29/58 | €89,110 | €93,095 | +€3,985 | +4.5% |
| Amounts receivable within one year | 40/41 | €17,758 | €15,375 | -€2,383 | -13.4% |
| Trade receivables | 40 | €16,532 | €12,562 | -€3,970 | -24.0% |
| Other amounts receivable | 41 | €1,226 | €2,812 | +€1,587 | +129.4% |
| Current investments | 50/53 | €19,278 | €19,098 | -€180 | -0.9% |
| Cash at bank and in hand | 54/58 | €52,074 | €58,622 | +€6,548 | +12.6% |
| Total equity and liabilities | 10/49 | €93,564 | €95,583 | +€2,018 | +2.2% |
| Equity | 10/15 | €75,557 | €83,192 | +€7,635 | +10.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,057 | €80,692 | +€7,635 | +10.4% |
| Amounts payable | 17/49 | €18,007 | €12,391 | -€5,616 | -31.2% |
| Amounts payable within one year | 42/48 | €18,007 | €12,391 | -€5,616 | -31.2% |
| Trade debts | 44 | €7,425 | €898 | -€6,527 | -87.9% |
| Suppliers | 440/4 | €7,425 | €898 | -€6,527 | -87.9% |
| Taxes, remuneration and social security | 45 | €10,542 | €11,312 | +€771 | +7.3% |
| Taxes | 450/3 | €10,542 | €11,312 | +€771 | +7.3% |
| Other amounts payable | 47/48 | €40 | €181 | +€140 | +350.0% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €1,931 | +€500 | +34.9% |
| Gross operating margin | 9900 | €50,763 | €55,346 | +€4,583 | +9.0% |
| Operating profit (loss) | 9901 | €49,331 | €53,165 | +€3,833 | +7.8% |
| Financial income | 75/76B | €91 | €216 | +€125 | +138.0% |
| Recurring financial income | 75 | €91 | €216 | +€125 | +138.0% |
| Financial charges | 65/66B | €843 | €548 | -€294 | -34.9% |
| Recurring financial charges | 65 | €843 | €548 | -€294 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €48,580 | €52,833 | +€4,253 | +8.8% |
| Income taxes | 67/77 | €9,923 | €10,798 | +€875 | +8.8% |
| Profit (loss) for the period | 9904 | €38,657 | €42,035 | +€3,378 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,657 | €42,035 | +€3,378 | +8.7% |
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 12 October 2026 via checked.be.