SDS-Technieken: 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-Technieken
Largest movements
- Cash +€31,608
up €31,608 (+87.9%), from €35,947 to €67,555
mainly Net result for the year (+€33,833) and Trade debts (+€13,003)
- Receivables within one year +€9,342
up €9,342 (+23.0%), from €40,561 to €49,903
of which Trade receivables: +€10,459
- Tangible fixed assets -€7,100
down €7,100 (-16.0%), from €44,494 to €37,394
of which Furniture and vehicles: -€5,701
- Profit (loss) carried forward +€33,833
up €33,833 (+46.1%), from €73,462 to €107,295
- Trade debts +€13,003
up €13,003 (+260%), from €5,002 to €18,005
- Debts after one year -€9,323
down €9,323 (-39.1%), from €23,846 to €14,523
- Tax, wage and social debts -€2,317
down €2,317 (-41.9%), from €5,525 to €3,208
of which Taxes: -€2,317
- Gross operating margin +€20,006
up €20,006 (+64.2%), from €31,140 to €51,146
- Taxes +€4,231
up €4,231 (+88.4%), from €4,785 to €9,016
- Financial income +€1,660
up €1,660 (+23,188%), from €7 to €1,667
- Depreciation +€1,331
up €1,331 (+21.1%), from €6,307 to €7,638
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 | €121,002 | €154,853 | +€33,851 | +28.0% |
| Fixed assets | 21/28 | €44,494 | €37,394 | -€7,100 | -16.0% |
| Tangible fixed assets | 22/27 | €44,494 | €37,394 | -€7,100 | -16.0% |
| Plant, machinery and equipment | 23 | €1,313 | €640 | -€673 | -51.3% |
| Furniture and vehicles | 24 | €22,767 | €17,066 | -€5,701 | -25.0% |
| Other tangible fixed assets | 26 | €20,414 | €19,688 | -€725 | -3.6% |
| Current assets | 29/58 | €76,508 | €117,459 | +€40,951 | +53.5% |
| Amounts receivable within one year | 40/41 | €40,561 | €49,903 | +€9,342 | +23.0% |
| Trade receivables | 40 | €7,518 | €17,978 | +€10,459 | +139% |
| Other amounts receivable | 41 | €33,043 | €31,926 | -€1,117 | -3.4% |
| Cash at bank and in hand | 54/58 | €35,947 | €67,555 | +€31,608 | +87.9% |
| Total equity and liabilities | 10/49 | €121,002 | €154,853 | +€33,851 | +28.0% |
| Equity | 10/15 | €75,962 | €109,795 | +€33,833 | +44.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,462 | €107,295 | +€33,833 | +46.1% |
| Amounts payable | 17/49 | €45,040 | €45,058 | +€18 | 0.0% |
| Amounts payable after more than one year | 17 | €23,846 | €14,523 | -€9,323 | -39.1% |
| Financial debts | 170/4 | €23,846 | €14,523 | -€9,323 | -39.1% |
| Amounts payable within one year | 42/48 | €21,194 | €30,535 | +€9,341 | +44.1% |
| Current portion of amounts payable after more than one year | 42 | €10,668 | €9,323 | -€1,345 | -12.6% |
| Trade debts | 44 | €5,002 | €18,005 | +€13,003 | +260% |
| Suppliers | 440/4 | €5,002 | €18,005 | +€13,003 | +260% |
| Taxes, remuneration and social security | 45 | €5,525 | €3,208 | -€2,317 | -41.9% |
| Taxes | 450/3 | €3,102 | €785 | -€2,317 | -74.7% |
| Remuneration and social security | 454/9 | €2,423 | €2,423 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,307 | €7,638 | +€1,331 | +21.1% |
| Other operating charges | 640/8 | €720 | €460 | -€261 | -36.2% |
| Gross operating margin | 9900 | €31,140 | €51,146 | +€20,006 | +64.2% |
| Operating profit (loss) | 9901 | €24,113 | €43,049 | +€18,936 | +78.5% |
| Financial income | 75/76B | €7 | €1,667 | +€1,660 | +23,188% |
| Recurring financial income | 75 | €7 | €1,667 | +€1,660 | +23,188% |
| Financial charges | 65/66B | €1,999 | €1,868 | -€131 | -6.6% |
| Recurring financial charges | 65 | €1,999 | €1,868 | -€131 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €22,121 | €42,848 | +€20,728 | +93.7% |
| Income taxes | 67/77 | €4,785 | €9,016 | +€4,231 | +88.4% |
| Profit (loss) for the period | 9904 | €17,336 | €33,833 | +€16,497 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,336 | €33,833 | +€16,497 | +95.2% |
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 23 October 2026 via checked.be.