SDS 10: 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 10
Largest movements
- Tangible fixed assets +€82,416
up €82,416 (+181%), from €45,636 to €128,052
of which Furniture and vehicles: +€80,329
- Deferred charges and accrued income +€49,247
up €49,247 (+4,045%), from €1,217 to €50,464
- Cash +€20,112
up €20,112 (+155%), from €12,969 to €33,081
mainly Trade debts (+€110,892) and Depreciation (+€26,181)
- Receivables within one year +€13,499
up €13,499 (+562%), from €2,401 to €15,900
of which Trade receivables: +€15,900
- Trade debts +€110,892
new in 2024: €110,892
- Profit (loss) carried forward +€36,645
up €36,645, from -€1,471 to €35,174
- Other debts +€9,553
up €9,553 (+25.9%), from €36,847 to €46,401
- Tax, wage and social debts +€5,366
up €5,366 (+23.5%), from €22,846 to €28,212
of which Remuneration and social security: +€12,609
- Accrued charges and deferred income +€2,817
new in 2024: €2,817
- Gross operating margin +€40,525
up €40,525 (+122%), from €33,141 to €73,666
- Depreciation +€25,340
up €25,340 (+3,013%), from €841 to €26,181
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 | €62,223 | €227,497 | +€165,274 | +266% |
| Fixed assets | 21/28 | €45,636 | €128,052 | +€82,416 | +181% |
| Tangible fixed assets | 22/27 | €45,636 | €128,052 | +€82,416 | +181% |
| Plant, machinery and equipment | 23 | - | €2,087 | +€2,087 | |
| Furniture and vehicles | 24 | €45,636 | €125,964 | +€80,329 | +176% |
| Current assets | 29/58 | €16,587 | €99,445 | +€82,858 | +500% |
| Amounts receivable within one year | 40/41 | €2,401 | €15,900 | +€13,499 | +562% |
| Trade receivables | 40 | - | €15,900 | +€15,900 | |
| Other amounts receivable | 41 | €2,401 | €0 | -€2,401 | -100% |
| Cash at bank and in hand | 54/58 | €12,969 | €33,081 | +€20,112 | +155% |
| Deferred charges and accrued income | 490/1 | €1,217 | €50,464 | +€49,247 | +4,045% |
| Total equity and liabilities | 10/49 | €62,223 | €227,497 | +€165,274 | +266% |
| Equity | 10/15 | €2,529 | €39,174 | +€36,645 | +1,449% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,471 | €35,174 | +€36,645 | |
| Amounts payable | 17/49 | €59,694 | €188,323 | +€128,629 | +215% |
| Amounts payable within one year | 42/48 | €59,694 | €185,505 | +€125,812 | +211% |
| Trade debts | 44 | - | €110,892 | +€110,892 | |
| Suppliers | 440/4 | - | €110,892 | +€110,892 | |
| Taxes, remuneration and social security | 45 | €22,846 | €28,212 | +€5,366 | +23.5% |
| Taxes | 450/3 | €9,485 | €2,242 | -€7,243 | -76.4% |
| Remuneration and social security | 454/9 | €13,361 | €25,970 | +€12,609 | +94.4% |
| Other amounts payable | 47/48 | €36,847 | €46,401 | +€9,553 | +25.9% |
| Accrued charges and deferred income | 492/3 | - | €2,817 | +€2,817 | |
| Remuneration, social security and pensions | 62 | €33,386 | €33,899 | +€513 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €841 | €26,181 | +€25,340 | +3,013% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €33,141 | €73,666 | +€40,525 | +122% |
| Operating profit (loss) | 9901 | -€1,471 | €13,587 | +€15,058 | |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€1,471 | €13,587 | +€15,058 | |
| Profit (loss) for the period | 9904 | -€1,471 | €13,587 | +€15,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,471 | €13,587 | +€15,058 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.