SDV Partners: 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 Partners
Largest movements
- Cash -€1,409
down €1,409 (-63.3%), from €2,226 to €817
mainly Net result for the year (-€2,409)
- Profit (loss) carried forward -€2,409
down €2,409 (-16.8%), from -€14,349 to -€16,758
- Other debts +€1,000
new in 2025: €1,000
- Gross operating margin -€1,436
down €1,436 (-154.9%), from -€927 to -€2,364
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 | €2,509 | €1,101 | -€1,409 | -56.1% |
| Current assets | 29/58 | €2,509 | €1,101 | -€1,409 | -56.1% |
| Amounts receivable within one year | 40/41 | €284 | €284 | = | 0.0% |
| Other amounts receivable | 41 | €284 | €284 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,226 | €817 | -€1,409 | -63.3% |
| Total equity and liabilities | 10/49 | €2,509 | €1,101 | -€1,409 | -56.1% |
| Equity | 10/15 | €468 | -€1,941 | -€2,409 | |
| Contributions | 10/11 | €4,039 | €4,039 | = | 0.0% |
| Reserves | 13 | €10,778 | €10,778 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,918 | €8,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,349 | -€16,758 | -€2,409 | -16.8% |
| Amounts payable | 17/49 | €2,042 | €3,042 | +€1,000 | +49.0% |
| Amounts payable within one year | 42/48 | €2,042 | €3,042 | +€1,000 | +49.0% |
| Trade debts | 44 | €2,042 | €2,042 | = | 0.0% |
| Suppliers | 440/4 | €2,042 | €2,042 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | -€927 | -€2,364 | -€1,436 | -154.9% |
| Operating profit (loss) | 9901 | -€927 | -€2,364 | -€1,436 | -154.9% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€972 | -€2,409 | -€1,436 | -147.7% |
| Profit (loss) for the period | 9904 | -€972 | -€2,409 | -€1,436 | -147.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€972 | -€2,409 | -€1,436 | -147.7% |
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 9 October 2026 via checked.be.