S & Co: 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.
S & Co
Largest movements
- Cash +€14,793
up €14,793 (+47.2%), from €31,331 to €46,124
mainly Other debts (+€45,982) and Depreciation (+€8,014)
- Receivables within one year +€4,816
up €4,816 (+119.4%), from €4,034 to €8,850
of which Trade receivables: +€4,025
- Tangible fixed assets +€3,124
up €3,124 (+10.5%), from €29,722 to €32,846
of which Furniture and vehicles: +€2,002
- Other debts +€45,982
new in 2025: €45,982
- Tax, wage and social debts -€17,267
down €17,267 (-83.0%), from €20,798 to €3,531
- Debts after one year -€6,683
no longer reported in 2025 (was €6,683)
- Trade debts +€6,164
up €6,164 (+239.2%), from €2,577 to €8,741
- Reserves -€4,997
down €4,997 (-34.4%), from €14,505 to €9,508
of which Distributable reserves: -€4,997
- Depreciation +€6,458
up €6,458 (+414.9%), from €1,556 to €8,014
- Write-downs -€2,616
no longer reported in 2025 (was €2,616)
- Other operating charges +€1,996
up €1,996 (+313.5%), from €637 to €2,633
- Gross operating margin -€1,020
down €1,020 (-10.7%), from €9,500 to €8,481
- Taxes -€862
down €862 (-36.5%), from €2,365 to €1,503
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 | €69,938 | €93,045 | +€23,107 | +33.0% |
| Fixed assets | 21/28 | €29,722 | €32,846 | +€3,124 | +10.5% |
| Tangible fixed assets | 22/27 | €29,722 | €32,846 | +€3,124 | +10.5% |
| Plant, machinery and equipment | 23 | - | €1,121 | +€1,121 | |
| Furniture and vehicles | 24 | €29,722 | €31,724 | +€2,002 | +6.7% |
| Current assets | 29/58 | €40,216 | €60,199 | +€19,983 | +49.7% |
| Stocks and contracts in progress | 3 | €4,851 | €5,226 | +€374 | +7.7% |
| Stocks | 30/36 | €4,851 | €5,226 | +€374 | +7.7% |
| Amounts receivable within one year | 40/41 | €4,034 | €8,850 | +€4,816 | +119.4% |
| Trade receivables | 40 | €2,385 | €6,411 | +€4,025 | +168.8% |
| Other amounts receivable | 41 | €1,649 | €2,439 | +€790 | +47.9% |
| Cash at bank and in hand | 54/58 | €31,331 | €46,124 | +€14,793 | +47.2% |
| Total equity and liabilities | 10/49 | €69,938 | €93,045 | +€23,107 | +33.0% |
| Equity | 10/15 | €33,105 | €28,108 | -€4,997 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,505 | €9,508 | -€4,997 | -34.4% |
| Tax-exempt reserves | 132 | €1,342 | €1,342 | = | 0.0% |
| Distributable reserves | 133 | €13,163 | €8,166 | -€4,997 | -38.0% |
| Amounts payable | 17/49 | €36,833 | €64,937 | +€28,104 | +76.3% |
| Amounts payable after more than one year | 17 | €6,683 | - | -€6,683 | |
| Financial debts | 170/4 | €6,683 | - | -€6,683 | |
| Amounts payable within one year | 42/48 | €30,150 | €64,937 | +€34,787 | +115.4% |
| Current portion of amounts payable after more than one year | 42 | €6,775 | €6,683 | -€93 | -1.4% |
| Trade debts | 44 | €2,577 | €8,741 | +€6,164 | +239.2% |
| Suppliers | 440/4 | €2,577 | €8,741 | +€6,164 | +239.2% |
| Taxes, remuneration and social security | 45 | €20,798 | €3,531 | -€17,267 | -83.0% |
| Taxes | 450/3 | €20,798 | €3,531 | -€17,267 | -83.0% |
| Other amounts payable | 47/48 | - | €45,982 | +€45,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €8,014 | +€6,458 | +414.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,616 | - | -€2,616 | |
| Other operating charges | 640/8 | €637 | €2,633 | +€1,996 | +313.5% |
| Gross operating margin | 9900 | €9,500 | €8,481 | -€1,020 | -10.7% |
| Operating profit (loss) | 9901 | €4,691 | -€2,167 | -€6,858 | |
| Financial income | 75/76B | €239 | €0 | -€239 | -99.9% |
| Recurring financial income | 75 | €239 | €0 | -€239 | -99.9% |
| Financial charges | 65/66B | €539 | €1,328 | +€789 | +146.4% |
| Recurring financial charges | 65 | €539 | €1,328 | +€789 | +146.4% |
| Profit (loss) for the period before taxes | 9903 | €4,392 | -€3,494 | -€7,886 | |
| Income taxes | 67/77 | €2,365 | €1,503 | -€862 | -36.5% |
| Profit (loss) for the period | 9904 | €2,027 | -€4,997 | -€7,024 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,027 | -€4,997 | -€7,024 |
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.