SDW ARCHITECT: 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.
SDW ARCHITECT
Largest movements
- Receivables within one year +€4,761
up €4,761 (+55.9%), from €8,524 to €13,284
of which Other amounts receivable: +€5,900
- Cash -€4,194
down €4,194 (-26.3%), from €15,936 to €11,742
mainly Other debts (-€6,988) and Receivables within one year (-€4,761)
- Receivables after one year -€2,028
down €2,028 (-6.0%), from €33,892 to €31,864
- Tangible fixed assets -€648
down €648 (-74.4%), from €872 to €223
- Reserves +€8,577
up €8,577 (+461%), from €1,860 to €10,437
- Other debts -€6,988
no longer reported in 2024 (was €6,988)
- Tax, wage and social debts -€4,135
down €4,135 (-37.5%), from €11,027 to €6,891
- Taxes +€1,254
up €1,254 (+49.4%), from €2,538 to €3,791
- Depreciation -€1,234
down €1,234 (-65.6%), from €1,882 to €648
- Gross operating margin -€1,151
down €1,151 (-8.3%), from €13,835 to €12,685
- Other operating charges -€356
down €356 (-47.9%), from €743 to €387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,272 | €57,114 | -€2,158 | -3.6% |
| Fixed assets | 21/28 | €873 | €224 | -€648 | -74.3% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €872 | €223 | -€648 | -74.4% |
| Furniture and vehicles | 24 | €872 | €223 | -€648 | -74.4% |
| Current assets | 29/58 | €58,400 | €56,890 | -€1,509 | -2.6% |
| Amounts receivable after more than one year | 29 | €33,892 | €31,864 | -€2,028 | -6.0% |
| Other amounts receivable | 291 | €33,892 | €31,864 | -€2,028 | -6.0% |
| Amounts receivable within one year | 40/41 | €8,524 | €13,284 | +€4,761 | +55.9% |
| Trade receivables | 40 | €6,548 | €5,409 | -€1,140 | -17.4% |
| Other amounts receivable | 41 | €1,975 | €7,876 | +€5,900 | +299% |
| Cash at bank and in hand | 54/58 | €15,936 | €11,742 | -€4,194 | -26.3% |
| Deferred charges and accrued income | 490/1 | €48 | - | -€48 | |
| Total equity and liabilities | 10/49 | €59,272 | €57,114 | -€2,158 | -3.6% |
| Equity | 10/15 | €39,272 | €47,849 | +€8,577 | +21.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €10,437 | +€8,577 | +461% |
| Distributable reserves | 133 | €1,860 | €10,437 | +€8,577 | +461% |
| Profit (loss) carried forward | 14 | €18,812 | €18,812 | = | 0.0% |
| Amounts payable | 17/49 | €20,000 | €9,265 | -€10,735 | -53.7% |
| Amounts payable within one year | 42/48 | €20,000 | €9,265 | -€10,735 | -53.7% |
| Financial debts | 43 | €133 | €695 | +€562 | +422% |
| Credit institutions | 430/8 | €133 | €695 | +€562 | +422% |
| Trade debts | 44 | €1,852 | €1,679 | -€173 | -9.4% |
| Suppliers | 440/4 | €1,852 | €1,679 | -€173 | -9.4% |
| Taxes, remuneration and social security | 45 | €11,027 | €6,891 | -€4,135 | -37.5% |
| Taxes | 450/3 | €11,027 | €6,891 | -€4,135 | -37.5% |
| Other amounts payable | 47/48 | €6,988 | - | -€6,988 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,882 | €648 | -€1,234 | -65.6% |
| Other operating charges | 640/8 | €743 | €387 | -€356 | -47.9% |
| Gross operating margin | 9900 | €13,835 | €12,685 | -€1,151 | -8.3% |
| Operating profit (loss) | 9901 | €11,210 | €11,649 | +€439 | +3.9% |
| Financial income | 75/76B | €974 | €1,063 | +€89 | +9.1% |
| Recurring financial income | 75 | €974 | €1,063 | +€89 | +9.1% |
| Financial charges | 65/66B | €329 | €343 | +€15 | +4.4% |
| Recurring financial charges | 65 | €329 | €343 | +€15 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €11,855 | €12,369 | +€514 | +4.3% |
| Income taxes | 67/77 | €2,538 | €3,791 | +€1,254 | +49.4% |
| Profit (loss) for the period | 9904 | €9,317 | €8,577 | -€740 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,317 | €8,577 | -€740 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.