SDS Solutions: 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 Solutions
Largest movements
- Receivables within one year -€20,281
down €20,281 (-26.2%), from €77,502 to €57,221
of which Other amounts receivable: -€10,665
- Cash +€10,463
up €10,463 (+2,141%), from €489 to €10,952
mainly Receivables within one year (+€20,281) and Trade debts (+€2,909)
- Stocks and contracts +€6,135
up €6,135 (+491%), from €1,250 to €7,385
of which Contracts in progress: +€6,135
- Deferred charges and accrued income -€1,189
down €1,189 (-79.1%), from €1,504 to €314
- Trade debts +€2,909
up €2,909 (+19.9%), from €14,589 to €17,498
- Reserves -€2,867
down €2,867 (-13.1%), from €21,948 to €19,081
- Tax, wage and social debts -€2,625
down €2,625 (-39.2%), from €6,690 to €4,065
- Other debts -€1,987
down €1,987 (-7.6%), from €26,018 to €24,031
- Gross operating margin -€15,965
down €15,965 (-87.4%), from €18,273 to €2,309
- Taxes -€3,903
no longer reported in 2024 (was €3,903)
- Other operating charges -€1,761
down €1,761 (-64.1%), from €2,750 to €989
- Financial charges +€714
up €714 (+41.5%), from €1,720 to €2,434
- Depreciation +€638
up €638 (+56.7%), from €1,126 to €1,765
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 | €84,777 | €79,655 | -€5,122 | -6.0% |
| Fixed assets | 21/28 | €4,032 | €3,782 | -€250 | -6.2% |
| Tangible fixed assets | 22/27 | €4,032 | €3,782 | -€250 | -6.2% |
| Plant, machinery and equipment | 23 | €2,316 | €1,309 | -€1,008 | -43.5% |
| Furniture and vehicles | 24 | €1,716 | €1,119 | -€597 | -34.8% |
| Other tangible fixed assets | 26 | - | €1,355 | +€1,355 | |
| Current assets | 29/58 | €80,745 | €75,872 | -€4,873 | -6.0% |
| Stocks and contracts in progress | 3 | €1,250 | €7,385 | +€6,135 | +491% |
| Stocks | 30/36 | €1,250 | €1,250 | = | 0.0% |
| Contracts in progress | 37 | - | €6,135 | +€6,135 | |
| Amounts receivable within one year | 40/41 | €77,502 | €57,221 | -€20,281 | -26.2% |
| Trade receivables | 40 | €63,904 | €54,288 | -€9,616 | -15.0% |
| Other amounts receivable | 41 | €13,598 | €2,933 | -€10,665 | -78.4% |
| Cash at bank and in hand | 54/58 | €489 | €10,952 | +€10,463 | +2,141% |
| Deferred charges and accrued income | 490/1 | €1,504 | €314 | -€1,189 | -79.1% |
| Total equity and liabilities | 10/49 | €84,777 | €79,655 | -€5,122 | -6.0% |
| Equity | 10/15 | €34,348 | €31,481 | -€2,867 | -8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €21,948 | €19,081 | -€2,867 | -13.1% |
| Distributable reserves | 133 | €21,948 | €19,081 | -€2,867 | -13.1% |
| Amounts payable | 17/49 | €50,429 | €48,174 | -€2,255 | -4.5% |
| Amounts payable within one year | 42/48 | €47,297 | €45,594 | -€1,703 | -3.6% |
| Trade debts | 44 | €14,589 | €17,498 | +€2,909 | +19.9% |
| Suppliers | 440/4 | €14,589 | €17,498 | +€2,909 | +19.9% |
| Taxes, remuneration and social security | 45 | €6,690 | €4,065 | -€2,625 | -39.2% |
| Taxes | 450/3 | €6,690 | €4,065 | -€2,625 | -39.2% |
| Other amounts payable | 47/48 | €26,018 | €24,031 | -€1,987 | -7.6% |
| Accrued charges and deferred income | 492/3 | €3,132 | €2,580 | -€552 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,126 | €1,765 | +€638 | +56.7% |
| Other operating charges | 640/8 | €2,750 | €989 | -€1,761 | -64.1% |
| Gross operating margin | 9900 | €18,273 | €2,309 | -€15,965 | -87.4% |
| Operating profit (loss) | 9901 | €14,397 | -€445 | -€14,841 | |
| Financial income | 75/76B | €29 | €11 | -€18 | -60.4% |
| Recurring financial income | 75 | €29 | €11 | -€18 | -60.4% |
| Financial charges | 65/66B | €1,720 | €2,434 | +€714 | +41.5% |
| Recurring financial charges | 65 | €1,720 | €2,434 | +€714 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €12,706 | -€2,867 | -€15,573 | |
| Income taxes | 67/77 | €3,903 | - | -€3,903 | |
| Profit (loss) for the period | 9904 | €8,803 | -€2,867 | -€11,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,803 | -€2,867 | -€11,670 |
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 14 October 2026 via checked.be.