MF SUMER: 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.
MF SUMER
Largest movements
- Cash -€2,356
down €2,356 (-20.7%), from €11,409 to €9,052
mainly Trade debts (-€5,123) and Other debts (-€819)
- Receivables within one year -€449
down €449 (-79.9%), from €562 to €113
of which Other amounts receivable: -€377
- Tangible fixed assets -€341
no longer reported in 2025 (was €341)
- Trade debts -€5,123
down €5,123 (-98.2%), from €5,217 to €93
- Profit (loss) carried forward +€3,043
up €3,043 (+11.1%), from -€27,293 to -€24,250
- Other debts -€819
down €819 (-6.4%), from €12,751 to €11,932
- Tax, wage and social debts -€247
down €247 (-8.1%), from €3,037 to €2,790
of which Remuneration and social security: -€412
- Gross operating margin -€13,324
down €13,324 (-78.0%), from €17,089 to €3,765
- Staff costs -€4,773
no longer reported in 2025 (was €4,773)
- Other operating charges +€192
up €192 (+162.7%), from €118 to €310
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 | €12,312 | €9,165 | -€3,147 | -25.6% |
| Fixed assets | 21/28 | €341 | - | -€341 | |
| Tangible fixed assets | 22/27 | €341 | - | -€341 | |
| Furniture and vehicles | 24 | €341 | - | -€341 | |
| Current assets | 29/58 | €11,971 | €9,165 | -€2,806 | -23.4% |
| Amounts receivable within one year | 40/41 | €562 | €113 | -€449 | -79.9% |
| Trade receivables | 40 | €186 | €113 | -€73 | -39.1% |
| Other amounts receivable | 41 | €377 | - | -€377 | |
| Cash at bank and in hand | 54/58 | €11,409 | €9,052 | -€2,356 | -20.7% |
| Total equity and liabilities | 10/49 | €12,312 | €9,165 | -€3,147 | -25.6% |
| Equity | 10/15 | -€8,693 | -€5,650 | +€3,043 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,293 | -€24,250 | +€3,043 | +11.1% |
| Amounts payable | 17/49 | €21,005 | €14,815 | -€6,190 | -29.5% |
| Amounts payable within one year | 42/48 | €21,005 | €14,815 | -€6,190 | -29.5% |
| Trade debts | 44 | €5,217 | €93 | -€5,123 | -98.2% |
| Suppliers | 440/4 | €5,217 | €93 | -€5,123 | -98.2% |
| Taxes, remuneration and social security | 45 | €3,037 | €2,790 | -€247 | -8.1% |
| Taxes | 450/3 | €2,409 | €2,574 | +€165 | +6.8% |
| Remuneration and social security | 454/9 | €629 | €216 | -€412 | -65.6% |
| Other amounts payable | 47/48 | €12,751 | €11,932 | -€819 | -6.4% |
| Remuneration, social security and pensions | 62 | €4,773 | - | -€4,773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €341 | -€109 | -24.3% |
| Other operating charges | 640/8 | €118 | €310 | +€192 | +162.7% |
| Gross operating margin | 9900 | €17,089 | €3,765 | -€13,324 | -78.0% |
| Operating profit (loss) | 9901 | €11,747 | €3,114 | -€8,634 | -73.5% |
| Financial charges | 65/66B | €46 | €71 | +€24 | +52.2% |
| Recurring financial charges | 65 | €46 | €71 | +€24 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €11,701 | €3,043 | -€8,658 | -74.0% |
| Profit (loss) for the period | 9904 | €11,701 | €3,043 | -€8,658 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,701 | €3,043 | -€8,658 | -74.0% |
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 29 September 2026 via checked.be.