SSB GROUP: 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.
SSB GROUP
Largest movements
- Receivables within one year -€31,655
down €31,655 (-73.2%), from €43,263 to €11,608
of which Other amounts receivable: -€42,026
- Tangible fixed assets -€5,096
down €5,096 (-60.5%), from €8,424 to €3,328
of which Furniture and vehicles: -€2,937
- Cash -€1,506
down €1,506 (-70.7%), from €2,129 to €623
mainly Net result for the year (-€29,157) and Trade debts (-€17,373)
- Profit (loss) carried forward -€29,157
down €29,157 (-105%), from -€27,857 to -€57,015
- Trade debts -€17,373
down €17,373 (-48.9%), from €35,501 to €18,128
- Other debts +€13,522
up €13,522 (+80.5%), from €16,793 to €30,314
- Current portion of long-term debt -€6,466
down €6,466 (-83.2%), from €7,776 to €1,309
- Tax, wage and social debts +€2,890
up €2,890 (+186%), from €1,550 to €4,439
- Staff costs +€26,943
up €26,943 (+39.3%), from €68,598 to €95,541
- Gross operating margin -€8,421
down €8,421 (-10.5%), from €80,469 to €72,048
- Depreciation -€2,700
down €2,700 (-34.6%), from €7,796 to €5,096
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.
Derived cash bridge
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 | €57,057 | €19,130 | -€37,926 | -66.5% |
| Fixed assets | 21/28 | €10,264 | €5,168 | -€5,096 | -49.6% |
| Tangible fixed assets | 22/27 | €8,424 | €3,328 | -€5,096 | -60.5% |
| Plant, machinery and equipment | 23 | €4,292 | €2,133 | -€2,159 | -50.3% |
| Furniture and vehicles | 24 | €4,132 | €1,195 | -€2,937 | -71.1% |
| Financial fixed assets | 28 | €1,840 | €1,840 | = | 0.0% |
| Current assets | 29/58 | €46,792 | €13,962 | -€32,830 | -70.2% |
| Amounts receivable within one year | 40/41 | €43,263 | €11,608 | -€31,655 | -73.2% |
| Trade receivables | 40 | €851 | €11,222 | +€10,372 | +1,219% |
| Other amounts receivable | 41 | €42,412 | €386 | -€42,026 | -99.1% |
| Cash at bank and in hand | 54/58 | €2,129 | €623 | -€1,506 | -70.7% |
| Deferred charges and accrued income | 490/1 | €1,401 | €1,731 | +€330 | +23.6% |
| Total equity and liabilities | 10/49 | €57,057 | €19,130 | -€37,926 | -66.5% |
| Equity | 10/15 | -€5,903 | -€35,061 | -€29,157 | -494% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,754 | €15,754 | = | 0.0% |
| Distributable reserves | 133 | €15,754 | €15,754 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,857 | -€57,015 | -€29,157 | -105% |
| Amounts payable | 17/49 | €62,960 | €54,191 | -€8,769 | -13.9% |
| Amounts payable after more than one year | 17 | €1,309 | - | -€1,309 | |
| Financial debts | 170/4 | €1,309 | - | -€1,309 | |
| Amounts payable within one year | 42/48 | €61,619 | €54,191 | -€7,428 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €7,776 | €1,309 | -€6,466 | -83.2% |
| Trade debts | 44 | €35,501 | €18,128 | -€17,373 | -48.9% |
| Suppliers | 440/4 | €35,501 | €18,128 | -€17,373 | -48.9% |
| Taxes, remuneration and social security | 45 | €1,550 | €4,439 | +€2,890 | +186% |
| Remuneration and social security | 454/9 | €1,550 | €4,439 | +€2,890 | +186% |
| Other amounts payable | 47/48 | €16,793 | €30,314 | +€13,522 | +80.5% |
| Accrued charges and deferred income | 492/3 | €31 | - | -€31 | |
| Remuneration, social security and pensions | 62 | €68,598 | €95,541 | +€26,943 | +39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,796 | €5,096 | -€2,700 | -34.6% |
| Other operating charges | 640/8 | €255 | €334 | +€79 | +30.9% |
| Gross operating margin | 9900 | €80,469 | €72,048 | -€8,421 | -10.5% |
| Operating profit (loss) | 9901 | €3,820 | -€28,923 | -€32,743 | |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €506 | €234 | -€271 | -53.7% |
| Recurring financial charges | 65 | €506 | €234 | -€271 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €3,434 | -€29,157 | -€32,591 | |
| Profit (loss) for the period | 9904 | €3,434 | -€29,157 | -€32,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,434 | -€29,157 | -€32,591 |
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 15 October 2026 via checked.be.