LE SUCCES: 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.
LE SUCCES
Largest movements
- Cash -€52,690
down €52,690 (-62.8%), from €83,917 to €31,226
mainly Other debts (-€43,760) and Short-term financial debts (-€31,416)
- Receivables within one year -€2,698
down €2,698 (-28.3%), from €9,540 to €6,842
of which Other amounts receivable: -€3,232
- Other debts -€43,760
down €43,760 (-29.6%), from €148,010 to €104,250
- Short-term financial debts -€31,416
down €31,416 (-99.7%), from €31,509 to €93
- Current portion of long-term debt +€25,831
new in 2025: €25,831
- Profit (loss) carried forward -€11,056
down €11,056 (-5.1%), from -€218,372 to -€229,428
- Trade debts +€6,900
up €6,900 (+101.7%), from €6,788 to €13,687
- Gross operating margin -€94,168
down €94,168 (-94.1%), from €100,035 to €5,867
- Depreciation -€16,426
down €16,426 (-96.2%), from €17,079 to €653
- Other operating charges -€15,112
down €15,112 (-82.7%), from €18,277 to €3,164
- Financial charges -€4,985
down €4,985 (-53.1%), from €9,389 to €4,405
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 | €164,701 | €109,927 | -€54,775 | -33.3% |
| Fixed assets | 21/28 | €64,524 | €64,860 | +€337 | +0.5% |
| Tangible fixed assets | 22/27 | €63,296 | €63,633 | +€337 | +0.5% |
| Land and buildings | 22 | €45,395 | €45,395 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,743 | €4,516 | +€773 | +20.6% |
| Furniture and vehicles | 24 | €14,158 | €13,722 | -€436 | -3.1% |
| Financial fixed assets | 28 | €1,228 | €1,228 | = | 0.0% |
| Current assets | 29/58 | €100,178 | €45,066 | -€55,111 | -55.0% |
| Stocks and contracts in progress | 3 | €5,360 | €5,360 | = | 0.0% |
| Stocks | 30/36 | €5,360 | €5,360 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,540 | €6,842 | -€2,698 | -28.3% |
| Trade receivables | 40 | €2,821 | €3,355 | +€534 | +18.9% |
| Other amounts receivable | 41 | €6,719 | €3,487 | -€3,232 | -48.1% |
| Current investments | 50/53 | €1,361 | €1,441 | +€80 | +5.9% |
| Cash at bank and in hand | 54/58 | €83,917 | €31,226 | -€52,690 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €197 | +€197 | |
| Total equity and liabilities | 10/49 | €164,701 | €109,927 | -€54,775 | -33.3% |
| Equity | 10/15 | -€41,940 | -€52,996 | -€11,056 | -26.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €157,840 | €157,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,153 | €51,153 | = | 0.0% |
| Distributable reserves | 133 | €104,828 | €104,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,372 | -€229,428 | -€11,056 | -5.1% |
| Provisions and deferred taxes | 16 | €20,331 | €19,060 | -€1,271 | -6.2% |
| Deferred taxes | 168 | €20,331 | €19,060 | -€1,271 | -6.2% |
| Amounts payable | 17/49 | €186,310 | €143,862 | -€42,448 | -22.8% |
| Amounts payable within one year | 42/48 | €186,307 | €143,862 | -€42,445 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | - | €25,831 | +€25,831 | |
| Financial debts | 43 | €31,509 | €93 | -€31,416 | -99.7% |
| Credit institutions | 430/8 | €31,509 | €93 | -€31,416 | -99.7% |
| Trade debts | 44 | €6,788 | €13,687 | +€6,900 | +101.7% |
| Suppliers | 440/4 | €6,788 | €13,687 | +€6,900 | +101.7% |
| Other amounts payable | 47/48 | €148,010 | €104,250 | -€43,760 | -29.6% |
| Accrued charges and deferred income | 492/3 | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,079 | €653 | -€16,426 | -96.2% |
| Other operating charges | 640/8 | €18,277 | €3,164 | -€15,112 | -82.7% |
| Gross operating margin | 9900 | €100,035 | €5,867 | -€94,168 | -94.1% |
| Operating profit (loss) | 9901 | €64,680 | €2,050 | -€62,630 | -96.8% |
| Financial income | 75/76B | - | €128 | +€128 | |
| Recurring financial income | 75 | - | €128 | +€128 | |
| Financial charges | 65/66B | €9,389 | €4,405 | -€4,985 | -53.1% |
| Recurring financial charges | 65 | €9,389 | €4,405 | -€4,985 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €55,291 | -€2,227 | -€57,517 | |
| Income taxes | 67/77 | €11,035 | €10,100 | -€935 | -8.5% |
| Profit (loss) for the period | 9904 | €44,256 | -€12,327 | -€56,582 | |
| Transfer from tax-exempt reserves | 789 | €1,271 | €1,271 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,526 | -€11,056 | -€56,582 |
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.