SDS: 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.
SDS
Largest movements
- Cash +€10,279
up €10,279 (+559%), from €1,838 to €12,117
mainly Investment in fixed assets (net) (+€6,365) and Net result for the year (+€2,800)
- Tangible fixed assets -€6,365
no longer reported in 2024 (was €6,365)
- Profit (loss) carried forward +€2,800
up €2,800 (+2.9%), from €96,822 to €99,622
- Tax, wage and social debts +€2,329
up €2,329 (+24.8%), from €9,404 to €11,733
of which Remuneration and social security: +€10,934
- Gross operating margin +€5,509
up €5,509 (+5,799%), from €95 to €5,604
- Financial income -€2,732
down €2,732 (-75.3%), from €3,629 to €897
- Depreciation -€2,359
no longer reported in 2024 (was €2,359)
- Other operating charges +€1,464
up €1,464 (+162%), from €902 to €2,366
- Taxes +€419
up €419 (+110%), from €380 to €799
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.
Derived cash bridge
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 | €113,783 | €117,908 | +€4,125 | +3.6% |
| Fixed assets | 21/28 | €6,365 | - | -€6,365 | |
| Tangible fixed assets | 22/27 | €6,365 | - | -€6,365 | |
| Furniture and vehicles | 24 | €6,365 | - | -€6,365 | |
| Current assets | 29/58 | €107,418 | €117,908 | +€10,490 | +9.8% |
| Amounts receivable within one year | 40/41 | €105,480 | €105,791 | +€311 | +0.3% |
| Trade receivables | 40 | €85,303 | €89,713 | +€4,410 | +5.2% |
| Other amounts receivable | 41 | €20,177 | €16,078 | -€4,099 | -20.3% |
| Cash at bank and in hand | 54/58 | €1,838 | €12,117 | +€10,279 | +559% |
| Deferred charges and accrued income | 490/1 | €100 | - | -€100 | |
| Total equity and liabilities | 10/49 | €113,783 | €117,908 | +€4,125 | +3.6% |
| Equity | 10/15 | €96,877 | €99,677 | +€2,800 | +2.9% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Capital | 10 | €50 | - | -€50 | |
| Issued capital | 100 | €50 | - | -€50 | |
| Reserves | 13 | €5 | €5 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5 | €5 | = | 0.0% |
| Legal reserve | 130 | €5 | - | -€5 | |
| Reserves not available under the articles | 1311 | - | €5 | +€5 | |
| Profit (loss) carried forward | 14 | €96,822 | €99,622 | +€2,800 | +2.9% |
| Amounts payable | 17/49 | €16,906 | €18,231 | +€1,325 | +7.8% |
| Amounts payable within one year | 42/48 | €16,906 | €18,231 | +€1,325 | +7.8% |
| Trade debts | 44 | €7,502 | €6,498 | -€1,004 | -13.4% |
| Suppliers | 440/4 | €7,502 | €6,498 | -€1,004 | -13.4% |
| Taxes, remuneration and social security | 45 | €9,404 | €11,733 | +€2,329 | +24.8% |
| Taxes | 450/3 | €9,404 | €799 | -€8,605 | -91.5% |
| Remuneration and social security | 454/9 | - | €10,934 | +€10,934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,359 | - | -€2,359 | |
| Other operating charges | 640/8 | €902 | €2,366 | +€1,464 | +162% |
| Gross operating margin | 9900 | €95 | €5,604 | +€5,509 | +5,799% |
| Operating profit (loss) | 9901 | -€3,166 | €3,238 | +€6,404 | |
| Financial income | 75/76B | €3,629 | €897 | -€2,732 | -75.3% |
| Recurring financial income | 75 | €3,629 | €897 | -€2,732 | -75.3% |
| Financial charges | 65/66B | €256 | €536 | +€280 | +109% |
| Recurring financial charges | 65 | €256 | €536 | +€280 | +109% |
| Profit (loss) for the period before taxes | 9903 | €207 | €3,599 | +€3,392 | +1,639% |
| Income taxes | 67/77 | €380 | €799 | +€419 | +110% |
| Profit (loss) for the period | 9904 | -€173 | €2,800 | +€2,973 | |
| Profit (loss) for the period to be appropriated | 9905 | -€173 | €2,800 | +€2,973 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.