5 S GROUP: what changed
Two fiscal 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.
5 S GROUP
Largest movements
- Receivables within one year +€2,900
up €2,900 (+5.5%), from €52,478 to €55,378
of which Other amounts receivable: +€3,184
- Tangible fixed assets +€1,790
up €1,790 (+135.6%), from €1,319 to €3,109
of which Plant, machinery and equipment: +€3,109
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Reserves +€18,000
new in 2025: €18,000
- Tax, wage and social debts +€15,153
up €15,153 (+249.0%), from €6,084 to €21,237
of which Taxes: +€8,072
- Profit (loss) carried forward +€2,051
up €2,051 (+13.4%), from €15,302 to €17,353
- Gross operating margin +€14,691
up €14,691 (+97.3%), from €15,095 to €29,787
- Taxes +€4,693
up €4,693 (+138.9%), from €3,379 to €8,072
- Depreciation +€1,997
up €1,997 (+280.1%), from €713 to €2,710
- Financial income +€839
up €839 (+42.3%), from €1,986 to €2,826
- Financial charges +€723
up €723 (+145.6%), from €497 to €1,220
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 | €53,875 | €58,655 | +€4,779 | +8.9% |
| Fixed assets | 21/28 | €1,319 | €3,109 | +€1,790 | +135.6% |
| Tangible fixed assets | 22/27 | €1,319 | €3,109 | +€1,790 | +135.6% |
| Plant, machinery and equipment | 23 | - | €3,109 | +€3,109 | |
| Furniture and vehicles | 24 | €1,319 | - | -€1,319 | |
| Current assets | 29/58 | €52,556 | €55,546 | +€2,990 | +5.7% |
| Amounts receivable within one year | 40/41 | €52,478 | €55,378 | +€2,900 | +5.5% |
| Trade receivables | 40 | €796 | €511 | -€284 | -35.7% |
| Other amounts receivable | 41 | €51,682 | €54,867 | +€3,184 | +6.2% |
| Cash at bank and in hand | 54/58 | €78 | €126 | +€47 | +60.4% |
| Deferred charges and accrued income | 490/1 | - | €42 | +€42 | |
| Total equity and liabilities | 10/49 | €53,875 | €58,655 | +€4,779 | +8.9% |
| Equity | 10/15 | €17,302 | €37,353 | +€20,051 | +115.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €18,000 | +€18,000 | |
| Distributable reserves | 133 | - | €18,000 | +€18,000 | |
| Profit (loss) carried forward | 14 | €15,302 | €17,353 | +€2,051 | +13.4% |
| Amounts payable | 17/49 | €36,573 | €21,301 | -€15,272 | -41.8% |
| Amounts payable within one year | 42/48 | €36,573 | €21,301 | -€15,272 | -41.8% |
| Trade debts | 44 | €489 | €64 | -€425 | -86.9% |
| Suppliers | 440/4 | €489 | €64 | -€425 | -86.9% |
| Taxes, remuneration and social security | 45 | €6,084 | €21,237 | +€15,153 | +249.0% |
| Taxes | 450/3 | €3,344 | €11,417 | +€8,072 | +241.4% |
| Remuneration and social security | 454/9 | €2,740 | €9,821 | +€7,081 | +258.4% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713 | €2,710 | +€1,997 | +280.1% |
| Other operating charges | 640/8 | €387 | €559 | +€172 | +44.3% |
| Gross operating margin | 9900 | €15,095 | €29,787 | +€14,691 | +97.3% |
| Operating profit (loss) | 9901 | €13,995 | €26,517 | +€12,523 | +89.5% |
| Financial income | 75/76B | €1,986 | €2,826 | +€839 | +42.3% |
| Recurring financial income | 75 | €1,986 | €2,826 | +€839 | +42.3% |
| Financial charges | 65/66B | €497 | €1,220 | +€723 | +145.6% |
| Recurring financial charges | 65 | €497 | €1,220 | +€723 | +145.6% |
| Profit (loss) for the period before taxes | 9903 | €15,484 | €28,123 | +€12,639 | +81.6% |
| Income taxes | 67/77 | €3,379 | €8,072 | +€4,693 | +138.9% |
| Profit (loss) for the period | 9904 | €12,105 | €20,051 | +€7,946 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,105 | €20,051 | +€7,946 | +65.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.