GROUP SUYS: 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.
GROUP SUYS
Largest movements
- Receivables within one year -€217,287
down €217,287 (-53.6%), from €405,171 to €187,884
of which Trade receivables: -€243,658
- Cash +€170,183
up €170,183 (+34.9%), from €487,119 to €657,302
mainly Receivables within one year (+€217,287) and Other debts (+€70,212)
- Tangible fixed assets +€31,580
up €31,580 (+34.5%), from €91,525 to €123,105
of which Furniture and vehicles: +€29,945
- Other debts +€70,212
up €70,212 (+16.5%), from €426,229 to €496,442
- Reserves -€40,201
down €40,201 (-8.5%), from €471,732 to €431,531
of which Distributable reserves: -€40,201
- Tax, wage and social debts -€24,521
down €24,521 (-75.8%), from €32,346 to €7,825
of which Taxes: -€24,678
- Trade debts -€13,733
down €13,733 (-47.7%), from €28,777 to €15,044
- Gross operating margin -€171,729
down €171,729 (-47.8%), from €359,349 to €187,621
- Staff costs -€64,649
down €64,649 (-28.8%), from €224,264 to €159,614
- Taxes -€32,863
no longer reported in 2025 (was €32,863)
- Depreciation +€10,305
up €10,305 (+51.5%), from €20,004 to €30,308
- Financial charges -€4,031
down €4,031 (-26.6%), from €15,127 to €11,096
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 | €984,085 | €975,842 | -€8,243 | -0.8% |
| Fixed assets | 21/28 | €91,795 | €123,375 | +€31,580 | +34.4% |
| Tangible fixed assets | 22/27 | €91,525 | €123,105 | +€31,580 | +34.5% |
| Plant, machinery and equipment | 23 | €28,301 | €29,935 | +€1,634 | +5.8% |
| Furniture and vehicles | 24 | €63,224 | €93,169 | +€29,945 | +47.4% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €892,290 | €852,468 | -€39,822 | -4.5% |
| Amounts receivable within one year | 40/41 | €405,171 | €187,884 | -€217,287 | -53.6% |
| Trade receivables | 40 | €384,711 | €141,053 | -€243,658 | -63.3% |
| Other amounts receivable | 41 | €20,460 | €46,831 | +€26,370 | +129% |
| Cash at bank and in hand | 54/58 | €487,119 | €657,302 | +€170,183 | +34.9% |
| Deferred charges and accrued income | 490/1 | - | €7,282 | +€7,282 | |
| Total equity and liabilities | 10/49 | €984,085 | €975,842 | -€8,243 | -0.8% |
| Equity | 10/15 | €496,732 | €456,531 | -€40,201 | -8.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €471,732 | €431,531 | -€40,201 | -8.5% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €469,232 | €429,031 | -€40,201 | -8.6% |
| Amounts payable | 17/49 | €487,353 | €519,311 | +€31,959 | +6.6% |
| Amounts payable within one year | 42/48 | €487,353 | €519,311 | +€31,959 | +6.6% |
| Trade debts | 44 | €28,777 | €15,044 | -€13,733 | -47.7% |
| Suppliers | 440/4 | €28,777 | €15,044 | -€13,733 | -47.7% |
| Taxes, remuneration and social security | 45 | €32,346 | €7,825 | -€24,521 | -75.8% |
| Taxes | 450/3 | €28,364 | €3,686 | -€24,678 | -87.0% |
| Remuneration and social security | 454/9 | €3,982 | €4,139 | +€157 | +3.9% |
| Other amounts payable | 47/48 | €426,229 | €496,442 | +€70,212 | +16.5% |
| Non-recurring operating income | 76A | - | €2,408 | +€2,408 | |
| Remuneration, social security and pensions | 62 | €224,264 | €159,614 | -€64,649 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,004 | €30,308 | +€10,305 | +51.5% |
| Other operating charges | 640/8 | €4,198 | €3,925 | -€272 | -6.5% |
| Gross operating margin | 9900 | €359,349 | €187,621 | -€171,729 | -47.8% |
| Operating profit (loss) | 9901 | €110,885 | -€6,227 | -€117,112 | |
| Financial income | 75/76B | €7,447 | €7,532 | +€85 | +1.1% |
| Recurring financial income | 75 | €7,447 | €7,532 | +€85 | +1.1% |
| Financial charges | 65/66B | €15,127 | €11,096 | -€4,031 | -26.6% |
| Recurring financial charges | 65 | €15,127 | €11,096 | -€4,031 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €103,204 | -€9,791 | -€112,996 | |
| Income taxes | 67/77 | €32,863 | - | -€32,863 | |
| Profit (loss) for the period | 9904 | €70,341 | -€9,791 | -€80,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,341 | -€9,791 | -€80,133 |
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 14 October 2026 via checked.be.