SDS Interieur: 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 Interieur
Largest movements
- Intangible fixed assets -€10,650
down €10,650 (-14.8%), from €71,720 to €61,070
- Cash -€10,331
down €10,331 (-13.5%), from €76,540 to €66,209
mainly Investment in fixed assets (net) (-€27,239) and Tax, wage and social debts (-€17,284)
- Receivables within one year +€7,472
up €7,472 (+61.1%), from €12,223 to €19,695
of which Other amounts receivable: +€6,376
- Deferred charges and accrued income +€4,418
up €4,418 (+583%), from €758 to €5,175
- Stocks and contracts +€3,655
up €3,655 (+60.7%), from €6,018 to €9,673
- Reserves +€24,918
up €24,918 (+24.2%), from €102,970 to €127,888
- Tax, wage and social debts -€17,284
down €17,284 (-99.4%), from €17,397 to €113
- Other debts +€14,620
up €14,620 (+33.8%), from €43,245 to €57,865
- Debts after one year -€11,885
down €11,885 (-87.7%), from €13,556 to €1,672
- Current portion of long-term debt -€9,687
down €9,687 (-44.9%), from €21,586 to €11,899
- Gross operating margin -€12,429
down €12,429 (-13.7%), from €90,579 to €78,150
- Depreciation +€10,199
up €10,199 (+40.0%), from €25,521 to €35,720
- Other operating charges -€5,004
down €5,004 (-56.8%), from €8,816 to €3,812
- Staff costs +€3,813
new in 2025: €3,813
- Taxes -€3,739
down €3,739 (-35.3%), from €10,590 to €6,851
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 | €244,263 | €240,996 | -€3,267 | -1.3% |
| Fixed assets | 21/28 | €148,724 | €140,244 | -€8,480 | -5.7% |
| Intangible fixed assets | 21 | €71,720 | €61,070 | -€10,650 | -14.8% |
| Tangible fixed assets | 22/27 | €77,004 | €79,174 | +€2,170 | +2.8% |
| Land and buildings | 22 | €7,055 | €11,346 | +€4,290 | +60.8% |
| Plant, machinery and equipment | 23 | €51,248 | €51,097 | -€150 | -0.3% |
| Furniture and vehicles | 24 | €18,700 | €16,730 | -€1,970 | -10.5% |
| Current assets | 29/58 | €95,539 | €100,752 | +€5,213 | +5.5% |
| Stocks and contracts in progress | 3 | €6,018 | €9,673 | +€3,655 | +60.7% |
| Stocks | 30/36 | €6,018 | €9,673 | +€3,655 | +60.7% |
| Amounts receivable within one year | 40/41 | €12,223 | €19,695 | +€7,472 | +61.1% |
| Trade receivables | 40 | €11,735 | €12,831 | +€1,096 | +9.3% |
| Other amounts receivable | 41 | €489 | €6,865 | +€6,376 | +1,305% |
| Cash at bank and in hand | 54/58 | €76,540 | €66,209 | -€10,331 | -13.5% |
| Deferred charges and accrued income | 490/1 | €758 | €5,175 | +€4,418 | +583% |
| Total equity and liabilities | 10/49 | €244,263 | €240,996 | -€3,267 | -1.3% |
| Equity | 10/15 | €122,970 | €147,888 | +€24,918 | +20.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,970 | €127,888 | +€24,918 | +24.2% |
| Distributable reserves | 133 | €102,970 | €127,888 | +€24,918 | +24.2% |
| Amounts payable | 17/49 | €121,293 | €93,108 | -€28,185 | -23.2% |
| Amounts payable after more than one year | 17 | €13,556 | €1,672 | -€11,885 | -87.7% |
| Financial debts | 170/4 | €13,556 | €1,672 | -€11,885 | -87.7% |
| Amounts payable within one year | 42/48 | €102,224 | €78,757 | -€23,467 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €21,586 | €11,899 | -€9,687 | -44.9% |
| Financial debts | 43 | - | €3,365 | +€3,365 | |
| Credit institutions | 430/8 | - | €3,365 | +€3,365 | |
| Trade debts | 44 | €12,869 | €5,515 | -€7,354 | -57.1% |
| Suppliers | 440/4 | €12,869 | €5,515 | -€7,354 | -57.1% |
| Advances received on contracts in progress | 46 | €7,127 | - | -€7,127 | |
| Taxes, remuneration and social security | 45 | €17,397 | €113 | -€17,284 | -99.4% |
| Taxes | 450/3 | €17,397 | €113 | -€17,284 | -99.4% |
| Other amounts payable | 47/48 | €43,245 | €57,865 | +€14,620 | +33.8% |
| Accrued charges and deferred income | 492/3 | €5,513 | €12,679 | +€7,167 | +130% |
| Remuneration, social security and pensions | 62 | - | €3,813 | +€3,813 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,521 | €35,720 | +€10,199 | +40.0% |
| Other operating charges | 640/8 | €8,816 | €3,812 | -€5,004 | -56.8% |
| Gross operating margin | 9900 | €90,579 | €78,150 | -€12,429 | -13.7% |
| Operating profit (loss) | 9901 | €56,242 | €34,806 | -€21,436 | -38.1% |
| Financial income | 75/76B | €1,036 | €2,048 | +€1,011 | +97.6% |
| Recurring financial income | 75 | €1,036 | €2,048 | +€1,011 | +97.6% |
| Financial charges | 65/66B | €4,131 | €5,084 | +€954 | +23.1% |
| Recurring financial charges | 65 | €4,131 | €5,084 | +€954 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €53,148 | €31,769 | -€21,379 | -40.2% |
| Income taxes | 67/77 | €10,590 | €6,851 | -€3,739 | -35.3% |
| Profit (loss) for the period | 9904 | €42,557 | €24,918 | -€17,639 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,557 | €24,918 | -€17,639 | -41.4% |
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 14 October 2026 via checked.be.