SSE GROUP: 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.
SSE GROUP
Largest movements
- Receivables within one year -€23,274
down €23,274 (-95.8%), from €24,303 to €1,029
of which Trade receivables: -€15,912
- Formation expenses -€834
no longer reported in 2024 (was €834)
- Profit (loss) carried forward -€22,435
down €22,435, from €3,339 to -€19,097
- Trade debts -€12,746
down €12,746 (-65.6%), from €19,427 to €6,681
- Other debts +€11,103
new in 2024: €11,103
- Gross operating margin -€44,704
down €44,704, from €23,465 to -€21,239
- Staff costs -€15,952
no longer reported in 2024 (was €15,952)
- Financial charges -€1,352
down €1,352 (-53.1%), from €2,548 to €1,196
- Taxes -€1,143
no longer reported in 2024 (was €1,143)
- Other operating charges -€484
no longer reported in 2024 (was €484)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,909 | €1,830 | -€24,078 | -92.9% |
| Formation expenses | 20 | €834 | - | -€834 | |
| Current assets | 29/58 | €25,075 | €1,830 | -€23,245 | -92.7% |
| Amounts receivable within one year | 40/41 | €24,303 | €1,029 | -€23,274 | -95.8% |
| Trade receivables | 40 | €15,912 | - | -€15,912 | |
| Other amounts receivable | 41 | €8,391 | €1,029 | -€7,362 | -87.7% |
| Cash at bank and in hand | 54/58 | €656 | €801 | +€145 | +22.0% |
| Deferred charges and accrued income | 490/1 | €115 | - | -€115 | |
| Total equity and liabilities | 10/49 | €25,909 | €1,830 | -€24,078 | -92.9% |
| Equity | 10/15 | €5,339 | -€17,097 | -€22,435 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,339 | -€19,097 | -€22,435 | |
| Amounts payable | 17/49 | €20,570 | €18,927 | -€1,643 | -8.0% |
| Amounts payable within one year | 42/48 | €20,570 | €18,927 | -€1,643 | -8.0% |
| Trade debts | 44 | €19,427 | €6,681 | -€12,746 | -65.6% |
| Suppliers | 440/4 | €19,427 | €6,681 | -€12,746 | -65.6% |
| Taxes, remuneration and social security | 45 | €1,143 | €1,143 | = | 0.0% |
| Taxes | 450/3 | €1,143 | €1,143 | = | 0.0% |
| Other amounts payable | 47/48 | - | €11,103 | +€11,103 | |
| Remuneration, social security and pensions | 62 | €15,952 | - | -€15,952 | |
| Other operating charges | 640/8 | €484 | - | -€484 | |
| Gross operating margin | 9900 | €23,465 | -€21,239 | -€44,704 | |
| Operating profit (loss) | 9901 | €7,029 | -€21,239 | -€28,269 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,548 | €1,196 | -€1,352 | -53.1% |
| Recurring financial charges | 65 | €2,548 | €1,196 | -€1,352 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €4,482 | -€22,435 | -€26,917 | |
| Income taxes | 67/77 | €1,143 | - | -€1,143 | |
| Profit (loss) for the period | 9904 | €3,339 | -€22,435 | -€25,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,339 | -€22,435 | -€25,774 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.