SDP consulting: 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.
SDP consulting
Largest movements
- Current investments +€301,977
new in 2025: €301,977
- Cash -€196,928
down €196,928 (-64.6%), from €304,931 to €108,002
mainly Current investments (-€301,977) and Receivables within one year (-€17,420)
- Receivables within one year +€17,420
up €17,420 (+24.1%), from €72,174 to €89,594
of which Trade receivables: +€25,520
- Tangible fixed assets -€10,590
down €10,590 (-25.2%), from €41,988 to €31,399
- Profit (loss) carried forward +€115,374
up €115,374 (+30.1%), from €382,691 to €498,065
- Taxes -€3,730
down €3,730 (-9.6%), from €39,044 to €35,314
- Gross operating margin +€3,265
up €3,265 (+2.1%), from €155,122 to €158,387
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 | €422,336 | €534,230 | +€111,894 | +26.5% |
| Fixed assets | 21/28 | €41,988 | €31,399 | -€10,590 | -25.2% |
| Tangible fixed assets | 22/27 | €41,988 | €31,399 | -€10,590 | -25.2% |
| Furniture and vehicles | 24 | €41,988 | €31,399 | -€10,590 | -25.2% |
| Current assets | 29/58 | €380,347 | €502,831 | +€122,483 | +32.2% |
| Amounts receivable within one year | 40/41 | €72,174 | €89,594 | +€17,420 | +24.1% |
| Trade receivables | 40 | €23,784 | €49,304 | +€25,520 | +107% |
| Other amounts receivable | 41 | €48,390 | €40,290 | -€8,100 | -16.7% |
| Current investments | 50/53 | - | €301,977 | +€301,977 | |
| Cash at bank and in hand | 54/58 | €304,931 | €108,002 | -€196,928 | -64.6% |
| Deferred charges and accrued income | 490/1 | €3,243 | €3,258 | +€15 | +0.5% |
| Total equity and liabilities | 10/49 | €422,336 | €534,230 | +€111,894 | +26.5% |
| Equity | 10/15 | €385,191 | €500,565 | +€115,374 | +30.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €382,691 | €498,065 | +€115,374 | +30.1% |
| Amounts payable | 17/49 | €37,145 | €33,665 | -€3,480 | -9.4% |
| Amounts payable within one year | 42/48 | €35,895 | €32,415 | -€3,480 | -9.7% |
| Financial debts | 43 | €1,153 | €2,190 | +€1,037 | +89.9% |
| Credit institutions | 430/8 | €1,153 | €2,190 | +€1,037 | +89.9% |
| Trade debts | 44 | €5,704 | €6,167 | +€463 | +8.1% |
| Suppliers | 440/4 | €5,704 | €6,167 | +€463 | +8.1% |
| Taxes, remuneration and social security | 45 | €13,903 | €10,521 | -€3,382 | -24.3% |
| Taxes | 450/3 | €13,903 | €10,521 | -€3,382 | -24.3% |
| Other amounts payable | 47/48 | €15,135 | €13,537 | -€1,598 | -10.6% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,590 | €10,590 | = | 0.0% |
| Other operating charges | 640/8 | €2,202 | €3,654 | +€1,451 | +65.9% |
| Gross operating margin | 9900 | €155,122 | €158,387 | +€3,265 | +2.1% |
| Operating profit (loss) | 9901 | €142,331 | €144,144 | +€1,813 | +1.3% |
| Financial income | 75/76B | €7,821 | €7,521 | -€299 | -3.8% |
| Recurring financial income | 75 | €7,821 | €7,521 | -€299 | -3.8% |
| Financial charges | 65/66B | €511 | €144 | -€367 | -71.9% |
| Recurring financial charges | 65 | €511 | €144 | -€367 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €149,640 | €151,522 | +€1,881 | +1.3% |
| Income taxes | 67/77 | €39,044 | €35,314 | -€3,730 | -9.6% |
| Profit (loss) for the period | 9904 | €110,596 | €116,207 | +€5,611 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,596 | €116,207 | +€5,611 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.