SDV CONSULTING: 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.
SDV CONSULTING
Largest movements
- Cash +€85,894
up €85,894 (+428.9%), from €20,025 to €105,919
mainly Net result for the year (+€74,735) and Tax, wage and social debts (+€14,999)
- Tangible fixed assets +€3,538
up €3,538 (+392.7%), from €901 to €4,439
of which Other tangible fixed assets: +€3,860
- Reserves +€74,735
up €74,735 (+209.1%), from €35,743 to €110,478
- Tax, wage and social debts +€14,999
up €14,999 (+153.2%), from €9,793 to €24,792
- Gross operating margin +€52,893
up €52,893 (+115.6%), from €45,754 to €98,647
- Taxes +€11,903
up €11,903 (+124.3%), from €9,575 to €21,478
- Depreciation +€1,033
up €1,033 (+1589.2%), from €65 to €1,098
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 | €57,121 | €147,811 | +€90,690 | +158.8% |
| Fixed assets | 21/28 | €901 | €4,439 | +€3,538 | +392.7% |
| Tangible fixed assets | 22/27 | €901 | €4,439 | +€3,538 | +392.7% |
| Plant, machinery and equipment | 23 | €901 | €579 | -€322 | -35.7% |
| Other tangible fixed assets | 26 | - | €3,860 | +€3,860 | |
| Current assets | 29/58 | €56,220 | €143,372 | +€87,152 | +155.0% |
| Amounts receivable within one year | 40/41 | €31,287 | €32,600 | +€1,313 | +4.2% |
| Trade receivables | 40 | €30,094 | €32,600 | +€2,506 | +8.3% |
| Other amounts receivable | 41 | €1,193 | - | -€1,193 | |
| Cash at bank and in hand | 54/58 | €20,025 | €105,919 | +€85,894 | +428.9% |
| Deferred charges and accrued income | 490/1 | €4,908 | €4,853 | -€55 | -1.1% |
| Total equity and liabilities | 10/49 | €57,121 | €147,811 | +€90,690 | +158.8% |
| Equity | 10/15 | €38,743 | €113,478 | +€74,735 | +192.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,743 | €110,478 | +€74,735 | +209.1% |
| Distributable reserves | 133 | €35,743 | €110,478 | +€74,735 | +209.1% |
| Amounts payable | 17/49 | €18,378 | €34,333 | +€15,955 | +86.8% |
| Amounts payable after more than one year | 17 | €7,500 | €7,500 | = | 0.0% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,878 | €26,833 | +€15,955 | +146.7% |
| Trade debts | 44 | €1,085 | €2,041 | +€956 | +88.1% |
| Suppliers | 440/4 | €1,085 | €2,041 | +€956 | +88.1% |
| Taxes, remuneration and social security | 45 | €9,793 | €24,792 | +€14,999 | +153.2% |
| Taxes | 450/3 | €9,793 | €24,792 | +€14,999 | +153.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65 | €1,098 | +€1,033 | +1589.2% |
| Other operating charges | 640/8 | €372 | €1,278 | +€906 | +243.5% |
| Gross operating margin | 9900 | €45,754 | €98,647 | +€52,893 | +115.6% |
| Operating profit (loss) | 9901 | €45,317 | €96,271 | +€50,954 | +112.4% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €14 | €58 | +€44 | +314.3% |
| Recurring financial charges | 65 | €14 | €58 | +€44 | +314.3% |
| Profit (loss) for the period before taxes | 9903 | €45,318 | €96,213 | +€50,895 | +112.3% |
| Income taxes | 67/77 | €9,575 | €21,478 | +€11,903 | +124.3% |
| Profit (loss) for the period | 9904 | €35,743 | €74,735 | +€38,992 | +109.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,743 | €74,735 | +€38,992 | +109.1% |
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 6 October 2026 via checked.be.