S & S Enterprises: 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 & S Enterprises
Largest movements
- Cash -€102,355
down €102,355 (-35.7%), from €286,961 to €184,606
mainly Current investments (-€100,000) and Other debts (-€55,137)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets -€24,257
down €24,257 (-32.0%), from €75,829 to €51,572
of which Furniture and vehicles: -€24,257
- Other debts -€55,137
down €55,137 (-54.3%), from €101,462 to €46,325
- Tax, wage and social debts +€17,003
up €17,003 (+778.4%), from €2,184 to €19,187
of which Remuneration and social security: +€8,881
- Reserves +€14,347
up €14,347 (+4.9%), from €294,092 to €308,439
of which Distributable reserves: +€14,347
- Gross operating margin +€6,121
up €6,121 (+6.1%), from €100,536 to €106,657
- Taxes +€3,599
up €3,599 (+19.2%), from €18,784 to €22,383
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 | €400,127 | €375,972 | -€24,155 | -6.0% |
| Fixed assets | 21/28 | €75,829 | €51,572 | -€24,257 | -32.0% |
| Tangible fixed assets | 22/27 | €75,829 | €51,572 | -€24,257 | -32.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €75,829 | €51,572 | -€24,257 | -32.0% |
| Current assets | 29/58 | €324,298 | €324,400 | +€102 | 0.0% |
| Amounts receivable within one year | 40/41 | €36,970 | €39,386 | +€2,416 | +6.5% |
| Trade receivables | 40 | €30,250 | €32,670 | +€2,420 | +8.0% |
| Other amounts receivable | 41 | €6,720 | €6,716 | -€4 | -0.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €286,961 | €184,606 | -€102,355 | -35.7% |
| Deferred charges and accrued income | 490/1 | €367 | €408 | +€41 | +11.2% |
| Total equity and liabilities | 10/49 | €400,127 | €375,972 | -€24,155 | -6.0% |
| Equity | 10/15 | €295,092 | €309,439 | +€14,347 | +4.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €294,092 | €308,439 | +€14,347 | +4.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €294,092 | €308,439 | +€14,347 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €105,035 | €66,533 | -€38,502 | -36.7% |
| Amounts payable within one year | 42/48 | €104,494 | €66,185 | -€38,310 | -36.7% |
| Financial debts | 43 | €15 | €21 | +€6 | +40.0% |
| Credit institutions | 430/8 | €15 | €21 | +€6 | +40.0% |
| Trade debts | 44 | €833 | €651 | -€182 | -21.8% |
| Suppliers | 440/4 | €833 | €651 | -€182 | -21.8% |
| Taxes, remuneration and social security | 45 | €2,184 | €19,187 | +€17,003 | +778.4% |
| Taxes | 450/3 | €684 | €8,807 | +€8,122 | +1187.1% |
| Remuneration and social security | 454/9 | €1,500 | €10,381 | +€8,881 | +592.1% |
| Other amounts payable | 47/48 | €101,462 | €46,325 | -€55,137 | -54.3% |
| Accrued charges and deferred income | 492/3 | €541 | €348 | -€193 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,661 | €24,257 | -€404 | -1.6% |
| Other operating charges | 640/8 | €611 | €823 | +€212 | +34.6% |
| Gross operating margin | 9900 | €100,536 | €106,657 | +€6,121 | +6.1% |
| Operating profit (loss) | 9901 | €75,264 | €81,577 | +€6,313 | +8.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €595 | €404 | -€191 | -32.2% |
| Recurring financial charges | 65 | €595 | €404 | -€191 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €74,669 | €81,173 | +€6,504 | +8.7% |
| Income taxes | 67/77 | €18,784 | €22,383 | +€3,599 | +19.2% |
| Profit (loss) for the period | 9904 | €55,885 | €58,790 | +€2,905 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,885 | €58,790 | +€2,905 | +5.2% |
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 12 October 2026 via checked.be.