SDT-SOLUTIONS: what changed
Two fiscal 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.
SDT-SOLUTIONS
Largest movements
- Cash +€12,578
up €12,578 (+55.6%), from €22,640 to €35,217
mainly Net result for the year (+€39,745) and Other debts (+€21,593)
- Receivables within one year +€9,050
up €9,050 (+82.3%), from €10,997 to €20,047
of which Trade receivables: +€6,125
- Tangible fixed assets +€951
up €951 (+7.1%), from €13,483 to €14,434
of which Furniture and vehicles: +€2,816
- Other debts +€21,593
up €21,593 (+119.0%), from €18,152 to €39,745
- Tax, wage and social debts +€7,605
up €7,605 (+144.1%), from €5,277 to €12,882
- Current portion of long-term debt -€4,005
down €4,005 (-33.4%), from €12,005 to €8,000
- Trade debts -€2,614
down €2,614 (-89.4%), from €2,925 to €311
- Gross operating margin +€23,382
up €23,382 (+59.1%), from €39,563 to €62,945
- Taxes +€8,065
up €8,065 (+89.6%), from €8,998 to €17,062
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.
Cash bridge derived
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 | €47,120 | €69,698 | +€22,579 | +47.9% |
| Fixed assets | 21/28 | €13,483 | €14,434 | +€951 | +7.1% |
| Tangible fixed assets | 22/27 | €13,483 | €14,434 | +€951 | +7.1% |
| Furniture and vehicles | 24 | €931 | €3,747 | +€2,816 | +302.4% |
| Other tangible fixed assets | 26 | €12,552 | €10,687 | -€1,865 | -14.9% |
| Current assets | 29/58 | €33,637 | €55,265 | +€21,628 | +64.3% |
| Amounts receivable within one year | 40/41 | €10,997 | €20,047 | +€9,050 | +82.3% |
| Trade receivables | 40 | €10,775 | €16,900 | +€6,125 | +56.8% |
| Other amounts receivable | 41 | €222 | €3,147 | +€2,926 | +1320.2% |
| Cash at bank and in hand | 54/58 | €22,640 | €35,217 | +€12,578 | +55.6% |
| Total equity and liabilities | 10/49 | €47,120 | €69,698 | +€22,579 | +47.9% |
| Equity | 10/15 | €8,762 | €8,762 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,562 | €2,562 | = | 0.0% |
| Amounts payable | 17/49 | €38,358 | €60,937 | +€22,579 | +58.9% |
| Amounts payable within one year | 42/48 | €38,358 | €60,937 | +€22,579 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €12,005 | €8,000 | -€4,005 | -33.4% |
| Trade debts | 44 | €2,925 | €311 | -€2,614 | -89.4% |
| Suppliers | 440/4 | €2,925 | €311 | -€2,614 | -89.4% |
| Taxes, remuneration and social security | 45 | €5,277 | €12,882 | +€7,605 | +144.1% |
| Taxes | 450/3 | €5,277 | €12,882 | +€7,605 | +144.1% |
| Other amounts payable | 47/48 | €18,152 | €39,745 | +€21,593 | +119.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,025 | €2,581 | +€556 | +27.5% |
| Other operating charges | 640/8 | €299 | €521 | +€221 | +74.0% |
| Gross operating margin | 9900 | €39,563 | €62,945 | +€23,382 | +59.1% |
| Operating profit (loss) | 9901 | €37,239 | €59,843 | +€22,605 | +60.7% |
| Financial charges | 65/66B | €2,883 | €3,036 | +€153 | +5.3% |
| Recurring financial charges | 65 | €2,883 | €3,036 | +€153 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €34,356 | €56,807 | +€22,451 | +65.3% |
| Income taxes | 67/77 | €8,998 | €17,062 | +€8,065 | +89.6% |
| Profit (loss) for the period | 9904 | €25,358 | €39,745 | +€14,387 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,358 | €39,745 | +€14,387 | +56.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.