SOCIETE DE DIFFUSION BELGE: 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.
SOCIETE DE DIFFUSION BELGE
Largest movements
- Tangible fixed assets -€29,289
down €29,289 (-19.2%), from €152,341 to €123,052
of which Leasing and similar rights: -€26,471
- Receivables within one year -€15,979
down €15,979 (-54.1%), from €29,524 to €13,546
of which Trade receivables: -€13,479
- Cash +€5,509
up €5,509 (+53.5%), from €10,303 to €15,812
mainly Depreciation (+€29,289) and Receivables within one year (+€15,979)
- Debts after one year -€38,640
down €38,640 (-49.7%), from €77,751 to €39,111
- Reserves -€10,000
down €10,000 (-17.8%), from €56,300 to €46,300
- Tax, wage and social debts +€5,307
up €5,307 (+271.4%), from €1,955 to €7,262
- Current portion of long-term debt +€2,427
up €2,427 (+6.7%), from €36,213 to €38,640
- Gross operating margin -€13,846
down €13,846 (-24.3%), from €56,879 to €43,032
- Depreciation +€5,815
up €5,815 (+24.8%), from €23,474 to €29,289
- Financial charges +€634
up €634 (+10.6%), from €5,950 to €6,584
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 | €193,801 | €153,794 | -€40,007 | -20.6% |
| Fixed assets | 21/28 | €152,676 | €123,387 | -€29,289 | -19.2% |
| Tangible fixed assets | 22/27 | €152,341 | €123,052 | -€29,289 | -19.2% |
| Plant, machinery and equipment | 23 | €1,219 | €695 | -€524 | -43.0% |
| Furniture and vehicles | 24 | €11,904 | €9,610 | -€2,294 | -19.3% |
| Leasing and similar rights | 25 | €139,218 | €112,748 | -€26,471 | -19.0% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €41,125 | €30,407 | -€10,718 | -26.1% |
| Amounts receivable within one year | 40/41 | €29,524 | €13,546 | -€15,979 | -54.1% |
| Trade receivables | 40 | €27,024 | €13,546 | -€13,479 | -49.9% |
| Other amounts receivable | 41 | €2,500 | - | -€2,500 | |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,303 | €15,812 | +€5,509 | +53.5% |
| Deferred charges and accrued income | 490/1 | €1,287 | €1,039 | -€248 | -19.2% |
| Total equity and liabilities | 10/49 | €193,801 | €153,794 | -€40,007 | -20.6% |
| Equity | 10/15 | €75,542 | €63,846 | -€11,696 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,300 | €46,300 | -€10,000 | -17.8% |
| Distributable reserves | 133 | €56,300 | €46,300 | -€10,000 | -17.8% |
| Profit (loss) carried forward | 14 | €642 | -€1,054 | -€1,696 | |
| Amounts payable | 17/49 | €118,258 | €89,948 | -€28,310 | -23.9% |
| Amounts payable after more than one year | 17 | €77,751 | €39,111 | -€38,640 | -49.7% |
| Financial debts | 170/4 | €77,751 | €39,111 | -€38,640 | -49.7% |
| Amounts payable within one year | 42/48 | €40,508 | €50,837 | +€10,330 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €36,213 | €38,640 | +€2,427 | +6.7% |
| Trade debts | 44 | €1,801 | €2,939 | +€1,138 | +63.2% |
| Suppliers | 440/4 | €1,801 | €2,939 | +€1,138 | +63.2% |
| Taxes, remuneration and social security | 45 | €1,955 | €7,262 | +€5,307 | +271.4% |
| Taxes | 450/3 | €1,955 | €7,262 | +€5,307 | +271.4% |
| Other amounts payable | 47/48 | €538 | €1,996 | +€1,458 | +270.9% |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,474 | €29,289 | +€5,815 | +24.8% |
| Other operating charges | 640/8 | €8,533 | €8,856 | +€323 | +3.8% |
| Non-recurring operating charges | 66A | €6,407 | - | -€6,407 | |
| Gross operating margin | 9900 | €56,879 | €43,032 | -€13,846 | -24.3% |
| Operating profit (loss) | 9901 | €18,464 | €4,887 | -€13,576 | -73.5% |
| Financial charges | 65/66B | €5,950 | €6,584 | +€634 | +10.6% |
| Recurring financial charges | 65 | €5,950 | €6,584 | +€634 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €12,514 | -€1,696 | -€14,210 | |
| Profit (loss) for the period | 9904 | €12,514 | -€1,696 | -€14,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,514 | -€1,696 | -€14,210 |
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 12 October 2026 via checked.be.