SDS ENGINEERING & SAFETY SERVICES: 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 ENGINEERING & SAFETY SERVICES
Largest movements
- Receivables within one year +€23,560
up €23,560 (+13.9%), from €169,266 to €192,827
of which Other amounts receivable: +€16,359
- Profit (loss) carried forward +€32,484
up €32,484 (+24.6%), from €132,100 to €164,584
- Tax, wage and social debts -€9,118
down €9,118 (-28.9%), from €31,533 to €22,415
- Financial charges -€15,117
down €15,117 (-67.9%), from €22,250 to €7,132
- Taxes +€3,253
up €3,253 (+57.7%), from €5,641 to €8,894
- Gross operating margin +€1,587
up €1,587 (+3.5%), from €45,433 to €47,020
- Staff costs +€1,500
up €1,500 (+26.1%), from €5,750 to €7,250
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 | €173,096 | €196,657 | +€23,560 | +13.6% |
| Current assets | 29/58 | €173,096 | €196,657 | +€23,560 | +13.6% |
| Amounts receivable within one year | 40/41 | €169,266 | €192,827 | +€23,560 | +13.9% |
| Trade receivables | 40 | €11,527 | €18,728 | +€7,201 | +62.5% |
| Other amounts receivable | 41 | €157,739 | €174,098 | +€16,359 | +10.4% |
| Cash at bank and in hand | 54/58 | €3,830 | €3,830 | = | 0.0% |
| Total equity and liabilities | 10/49 | €173,096 | €196,657 | +€23,560 | +13.6% |
| Equity | 10/15 | €136,100 | €168,584 | +€32,484 | +23.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,100 | €164,584 | +€32,484 | +24.6% |
| Amounts payable | 17/49 | €36,996 | €28,072 | -€8,924 | -24.1% |
| Amounts payable within one year | 42/48 | €36,996 | €28,072 | -€8,924 | -24.1% |
| Financial debts | 43 | €5,129 | €5,142 | +€13 | +0.3% |
| Credit institutions | 430/8 | €5,129 | €5,142 | +€13 | +0.3% |
| Trade debts | 44 | €334 | €516 | +€181 | +54.3% |
| Suppliers | 440/4 | €334 | €516 | +€181 | +54.3% |
| Taxes, remuneration and social security | 45 | €31,533 | €22,415 | -€9,118 | -28.9% |
| Taxes | 450/3 | €31,533 | €22,415 | -€9,118 | -28.9% |
| Remuneration, social security and pensions | 62 | €5,750 | €7,250 | +€1,500 | +26.1% |
| Other operating charges | 640/8 | €523 | €251 | -€272 | -52.1% |
| Gross operating margin | 9900 | €45,433 | €47,020 | +€1,587 | +3.5% |
| Operating profit (loss) | 9901 | €39,160 | €39,519 | +€359 | +0.9% |
| Financial income | 75/76B | €8,661 | €8,991 | +€330 | +3.8% |
| Recurring financial income | 75 | €8,661 | €8,991 | +€330 | +3.8% |
| Financial charges | 65/66B | €22,250 | €7,132 | -€15,117 | -67.9% |
| Recurring financial charges | 65 | €22,250 | €7,132 | -€15,117 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €25,571 | €41,378 | +€15,807 | +61.8% |
| Income taxes | 67/77 | €5,641 | €8,894 | +€3,253 | +57.7% |
| Profit (loss) for the period | 9904 | €19,930 | €32,484 | +€12,554 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,930 | €32,484 | +€12,554 | +63.0% |
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 18 October 2026 via checked.be.