SSDD PROTECT: 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.
SSDD PROTECT
Largest movements
- Receivables within one year +€14,150
up €14,150 (+323.9%), from €4,369 to €18,519
of which Trade receivables: +€11,887
- Tangible fixed assets -€2,315
down €2,315 (-66.8%), from €3,464 to €1,148
of which Furniture and vehicles: -€2,609
- Cash -€480
down €480 (-15.0%), from €3,205 to €2,725
mainly Receivables within one year (-€14,150)
- Profit (loss) carried forward +€5,747
up €5,747 (+32.1%), from -€17,887 to -€12,140
- Trade debts +€4,726
up €4,726 (+122.0%), from €3,872 to €8,598
- Tax, wage and social debts +€870
up €870 (+14.1%), from €6,157 to €7,026
- Gross operating margin +€25,668
up €25,668, from -€16,977 to €8,691
- Other operating charges +€1,005
up €1,005 (+544.4%), from €185 to €1,190
- Depreciation -€714
down €714 (-38.4%), from €1,862 to €1,148
- Financial charges +€575
up €575 (+1236.3%), from €46 to €621
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 | €11,142 | €22,484 | +€11,342 | +101.8% |
| Fixed assets | 21/28 | €3,464 | €1,148 | -€2,315 | -66.8% |
| Tangible fixed assets | 22/27 | €3,464 | €1,148 | -€2,315 | -66.8% |
| Plant, machinery and equipment | 23 | - | €293 | +€293 | |
| Furniture and vehicles | 24 | €3,464 | €855 | -€2,609 | -75.3% |
| Current assets | 29/58 | €7,678 | €21,336 | +€13,658 | +177.9% |
| Amounts receivable within one year | 40/41 | €4,369 | €18,519 | +€14,150 | +323.9% |
| Trade receivables | 40 | €620 | €12,507 | +€11,887 | +1917.2% |
| Other amounts receivable | 41 | €3,749 | €6,012 | +€2,263 | +60.4% |
| Cash at bank and in hand | 54/58 | €3,205 | €2,725 | -€480 | -15.0% |
| Deferred charges and accrued income | 490/1 | €104 | €92 | -€12 | -12.0% |
| Total equity and liabilities | 10/49 | €11,142 | €22,484 | +€11,342 | +101.8% |
| Equity | 10/15 | €1,113 | €6,860 | +€5,747 | +516.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €18,500 | €18,500 | = | 0.0% |
| Distributable reserves | 133 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,887 | -€12,140 | +€5,747 | +32.1% |
| Amounts payable | 17/49 | €10,029 | €15,624 | +€5,595 | +55.8% |
| Amounts payable within one year | 42/48 | €10,029 | €15,624 | +€5,595 | +55.8% |
| Trade debts | 44 | €3,872 | €8,598 | +€4,726 | +122.0% |
| Suppliers | 440/4 | €3,872 | €8,598 | +€4,726 | +122.0% |
| Taxes, remuneration and social security | 45 | €6,157 | €7,026 | +€870 | +14.1% |
| Taxes | 450/3 | €6,157 | €7,026 | +€870 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €1,148 | -€714 | -38.4% |
| Other operating charges | 640/8 | €185 | €1,190 | +€1,005 | +544.4% |
| Gross operating margin | 9900 | -€16,977 | €8,691 | +€25,668 | |
| Operating profit (loss) | 9901 | -€19,024 | €6,353 | +€25,377 | |
| Financial income | 75/76B | €60 | €15 | -€45 | -74.8% |
| Recurring financial income | 75 | €60 | €15 | -€45 | -74.8% |
| Financial charges | 65/66B | €46 | €621 | +€575 | +1236.3% |
| Recurring financial charges | 65 | €46 | €621 | +€575 | +1236.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,011 | €5,747 | +€24,758 | |
| Profit (loss) for the period | 9904 | -€19,011 | €5,747 | +€24,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,011 | €5,747 | +€24,758 |
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 10 October 2026 via checked.be.