SDV Consulting: 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.
SDV Consulting
Largest movements
- Cash -€3,676
down €3,676 (-13.9%), from €26,491 to €22,814
mainly Debts (-€15,957) and Investment in fixed assets (net) (-€903)
- Receivables within one year -€809
down €809 (-7.2%), from €11,281 to €10,472
- Tangible fixed assets +€480
up €480 (+149%), from €322 to €802
- Debts -€15,957
down €15,957 (-65.3%), from €24,438 to €8,481
- Equity +€11,952
up €11,952 (+87.5%), from €13,655 to €25,607
of which Profit (loss) carried forward: +€11,952
- Gross operating margin -€21,210
down €21,210 (-55.8%), from €38,003 to €16,793
- Taxes -€4,627
down €4,627 (-54.5%), from €8,485 to €3,858
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,093 | €34,088 | -€4,005 | -10.5% |
| Fixed assets | 21/28 | €322 | €802 | +€480 | +149% |
| Tangible fixed assets | 22/27 | €322 | €802 | +€480 | +149% |
| Current assets | 29/58 | €37,771 | €33,286 | -€4,485 | -11.9% |
| Amounts receivable within one year | 40/41 | €11,281 | €10,472 | -€809 | -7.2% |
| Cash at bank and in hand | 54/58 | €26,491 | €22,814 | -€3,676 | -13.9% |
| Total equity and liabilities | 10/49 | €38,093 | €34,088 | -€4,005 | -10.5% |
| Equity | 10/15 | €13,655 | €25,607 | +€11,952 | +87.5% |
| Contributions | 10/11 | €100 | - | -€100 | |
| Profit (loss) carried forward | 14 | €13,555 | €25,507 | +€11,952 | +88.2% |
| Amounts payable | 17/49 | €24,438 | €8,481 | -€15,957 | -65.3% |
| Amounts payable within one year | 42/48 | €24,299 | €8,481 | -€15,818 | -65.1% |
| Trade debts | 44 | - | €261 | +€261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €423 | +€193 | +84.0% |
| Gross operating margin | 9900 | €38,003 | €16,793 | -€21,210 | -55.8% |
| Operating profit (loss) | 9901 | €37,694 | €15,963 | -€21,731 | -57.7% |
| Recurring financial income | 75 | €492 | €113 | -€379 | -77.0% |
| Recurring financial charges | 65 | €146 | €266 | +€120 | +81.9% |
| Profit (loss) for the period before taxes | 9903 | €38,040 | €15,810 | -€22,229 | -58.4% |
| Income taxes | 67/77 | €8,485 | €3,858 | -€4,627 | -54.5% |
| Profit (loss) for the period | 9904 | €29,555 | €11,952 | -€17,603 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,555 | €11,952 | -€17,603 | -59.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.