SDPlastics: 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.
SDPlastics
Largest movements
- Current investments +€550,000
up €550,000 (+366.7%), from €150,000 to €700,000
- Cash -€76,707
down €76,707 (-20.3%), from €377,676 to €300,968
mainly Current investments (-€550,000) and Trade debts (-€19,067)
- Receivables within one year -€55,226
down €55,226 (-26.2%), from €210,986 to €155,760
of which Trade receivables: -€32,317
- Tangible fixed assets -€30,318
down €30,318 (-9.5%), from €317,511 to €287,193
of which Furniture and vehicles: -€28,320
- Reserves +€397,960
up €397,960 (+4974.5%), from €8,000 to €405,960
of which Distributable reserves: +€397,960
- Trade debts -€19,067
down €19,067 (-22.1%), from €86,218 to €67,151
- Taxes +€45,189
up €45,189 (+33.4%), from €135,263 to €180,452
- Gross operating margin +€19,414
up €19,414 (+2.5%), from €777,203 to €796,617
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 | €1,058,400 | €1,446,456 | +€388,056 | +36.7% |
| Fixed assets | 21/28 | €317,511 | €287,193 | -€30,318 | -9.5% |
| Tangible fixed assets | 22/27 | €317,511 | €287,193 | -€30,318 | -9.5% |
| Land and buildings | 22 | €203,673 | €202,075 | -€1,598 | -0.8% |
| Plant, machinery and equipment | 23 | €1,550 | €1,151 | -€399 | -25.8% |
| Furniture and vehicles | 24 | €112,288 | €83,968 | -€28,320 | -25.2% |
| Current assets | 29/58 | €740,889 | €1,159,263 | +€418,374 | +56.5% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €210,986 | €155,760 | -€55,226 | -26.2% |
| Trade receivables | 40 | €178,236 | €145,919 | -€32,317 | -18.1% |
| Other amounts receivable | 41 | €32,750 | €9,841 | -€22,909 | -70.0% |
| Current investments | 50/53 | €150,000 | €700,000 | +€550,000 | +366.7% |
| Cash at bank and in hand | 54/58 | €377,676 | €300,968 | -€76,707 | -20.3% |
| Deferred charges and accrued income | 490/1 | €1,227 | €1,535 | +€307 | +25.0% |
| Total equity and liabilities | 10/49 | €1,058,400 | €1,446,456 | +€388,056 | +36.7% |
| Equity | 10/15 | €936,280 | €1,334,240 | +€397,960 | +42.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €405,960 | +€397,960 | +4974.5% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | - | €397,960 | +€397,960 | |
| Profit (loss) carried forward | 14 | €830,780 | €830,780 | = | 0.0% |
| Investment grants | 15 | €17,500 | €17,500 | = | 0.0% |
| Amounts payable | 17/49 | €122,119 | €112,215 | -€9,904 | -8.1% |
| Amounts payable within one year | 42/48 | €122,119 | €112,215 | -€9,904 | -8.1% |
| Trade debts | 44 | €86,218 | €67,151 | -€19,067 | -22.1% |
| Suppliers | 440/4 | €86,218 | €67,151 | -€19,067 | -22.1% |
| Taxes, remuneration and social security | 45 | €35,902 | €45,065 | +€9,163 | +25.5% |
| Taxes | 450/3 | €14,075 | €22,091 | +€8,016 | +56.9% |
| Remuneration and social security | 454/9 | €21,827 | €22,974 | +€1,147 | +5.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €8,264 | €0 | -€8,264 | -100.0% |
| Remuneration, social security and pensions | 62 | €185,879 | €178,502 | -€7,377 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,629 | €30,318 | +€6,689 | +28.3% |
| Other operating charges | 640/8 | €11,771 | €10,048 | -€1,723 | -14.6% |
| Gross operating margin | 9900 | €777,203 | €796,617 | +€19,414 | +2.5% |
| Operating profit (loss) | 9901 | €555,924 | €577,749 | +€21,825 | +3.9% |
| Financial income | 75/76B | €982 | €2,032 | +€1,050 | +107.0% |
| Recurring financial income | 75 | €982 | €2,032 | +€1,050 | +107.0% |
| Financial charges | 65/66B | €576 | €1,369 | +€794 | +137.8% |
| Recurring financial charges | 65 | €576 | €1,369 | +€794 | +137.8% |
| Profit (loss) for the period before taxes | 9903 | €556,330 | €578,412 | +€22,082 | +4.0% |
| Income taxes | 67/77 | €135,263 | €180,452 | +€45,189 | +33.4% |
| Profit (loss) for the period | 9904 | €421,067 | €397,960 | -€23,107 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €421,067 | €397,960 | -€23,107 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.