SSDMED: 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.
SSDMED
Largest movements
- Cash +€70,382
up €70,382 (+32.1%), from €218,930 to €289,312
mainly Other debts (+€291,501) and Net result for the year (+€77,035)
- Receivables within one year +€13,246
up €13,246 (+114.6%), from €11,557 to €24,802
of which Other amounts receivable: +€13,181
- Tangible fixed assets -€5,390
down €5,390 (-15.3%), from €35,207 to €29,818
of which Furniture and vehicles: -€6,143
- Other debts +€291,501
new in 2025: €291,501
- Profit (loss) carried forward -€265,907
no longer reported in 2025 (was €265,907)
- Tax, wage and social debts +€52,643
new in 2025: €52,643
of which Taxes: +€51,441
- Gross operating margin -€30,230
down €30,230 (-22.2%), from €135,908 to €105,678
- Taxes -€8,590
down €8,590 (-30.5%), from €28,177 to €19,587
- Depreciation +€3,755
up €3,755 (+72.6%), from €5,170 to €8,925
- Financial income +€1,518
up €1,518 (+268.3%), from €566 to €2,084
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 | €267,997 | €346,646 | +€78,649 | +29.3% |
| Fixed assets | 21/28 | €35,207 | €29,818 | -€5,390 | -15.3% |
| Tangible fixed assets | 22/27 | €35,207 | €29,818 | -€5,390 | -15.3% |
| Plant, machinery and equipment | 23 | - | €1,036 | +€1,036 | |
| Furniture and vehicles | 24 | €34,231 | €28,088 | -€6,143 | -17.9% |
| Other tangible fixed assets | 26 | €976 | €693 | -€283 | -29.0% |
| Current assets | 29/58 | €232,790 | €316,829 | +€84,039 | +36.1% |
| Amounts receivable within one year | 40/41 | €11,557 | €24,802 | +€13,246 | +114.6% |
| Trade receivables | 40 | €2,502 | €2,566 | +€64 | +2.6% |
| Other amounts receivable | 41 | €9,055 | €22,236 | +€13,181 | +145.6% |
| Cash at bank and in hand | 54/58 | €218,930 | €289,312 | +€70,382 | +32.1% |
| Deferred charges and accrued income | 490/1 | €2,303 | €2,714 | +€411 | +17.9% |
| Total equity and liabilities | 10/49 | €267,997 | €346,646 | +€78,649 | +29.3% |
| Equity | 10/15 | €267,907 | €2,000 | -€265,907 | -99.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,907 | - | -€265,907 | |
| Amounts payable | 17/49 | €90 | €344,646 | +€344,556 | +381061.7% |
| Amounts payable within one year | 42/48 | €90 | €344,646 | +€344,556 | +381061.7% |
| Trade debts | 44 | €90 | €503 | +€413 | +456.2% |
| Suppliers | 440/4 | €90 | €503 | +€413 | +456.2% |
| Taxes, remuneration and social security | 45 | - | €52,643 | +€52,643 | |
| Taxes | 450/3 | - | €51,441 | +€51,441 | |
| Remuneration and social security | 454/9 | - | €1,202 | +€1,202 | |
| Other amounts payable | 47/48 | - | €291,501 | +€291,501 | |
| Remuneration, social security and pensions | 62 | €350 | €589 | +€239 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,170 | €8,925 | +€3,755 | +72.6% |
| Other operating charges | 640/8 | €478 | €1,360 | +€882 | +184.5% |
| Gross operating margin | 9900 | €135,908 | €105,678 | -€30,230 | -22.2% |
| Operating profit (loss) | 9901 | €129,911 | €94,804 | -€35,106 | -27.0% |
| Financial income | 75/76B | €566 | €2,084 | +€1,518 | +268.3% |
| Recurring financial income | 75 | €566 | €2,084 | +€1,518 | +268.3% |
| Financial charges | 65/66B | €187 | €266 | +€79 | +42.2% |
| Recurring financial charges | 65 | €187 | €266 | +€79 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €130,289 | €96,622 | -€33,667 | -25.8% |
| Income taxes | 67/77 | €28,177 | €19,587 | -€8,590 | -30.5% |
| Profit (loss) for the period | 9904 | €102,112 | €77,035 | -€25,077 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €102,112 | €77,035 | -€25,077 | -24.6% |
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.