SSU1: 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.
SSU1
Largest movements
- Cash +€21,890
up €21,890 (+23.2%), from €94,222 to €116,112
mainly Depreciation (+€23,458) and Tax, wage and social debts (+€22,204)
- Intangible fixed assets -€14,374
down €14,374 (-12.0%), from €119,719 to €105,345
- Stocks and contracts -€10,439
down €10,439 (-50.0%), from €20,875 to €10,436
- Debts after one year -€38,208
down €38,208 (-32.4%), from €117,976 to €79,767
- Tax, wage and social debts +€22,204
up €22,204 (+30.0%), from €73,896 to €96,099
of which Remuneration and social security: +€22,516
- Profit (loss) carried forward +€8,959
up €8,959 (+31.9%), from -€28,070 to -€19,110
- Short-term financial debts -€8,663
no longer reported in 2025 (was €8,663)
- Trade debts +€6,317
up €6,317 (+7.9%), from €79,698 to €86,016
- Staff costs -€31,974
down €31,974 (-4.6%), from €689,922 to €657,948
- Gross operating margin +€29,419
up €29,419 (+4.3%), from €682,669 to €712,088
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 | €301,374 | €295,980 | -€5,394 | -1.8% |
| Fixed assets | 21/28 | €141,245 | €127,413 | -€13,831 | -9.8% |
| Intangible fixed assets | 21 | €119,719 | €105,345 | -€14,374 | -12.0% |
| Tangible fixed assets | 22/27 | €20,455 | €20,998 | +€543 | +2.7% |
| Furniture and vehicles | 24 | €13,369 | €12,676 | -€693 | -5.2% |
| Other tangible fixed assets | 26 | €7,086 | €8,322 | +€1,236 | +17.4% |
| Financial fixed assets | 28 | €1,070 | €1,070 | = | 0.0% |
| Current assets | 29/58 | €160,129 | €168,567 | +€8,438 | +5.3% |
| Stocks and contracts in progress | 3 | €20,875 | €10,436 | -€10,439 | -50.0% |
| Stocks | 30/36 | €20,875 | €10,436 | -€10,439 | -50.0% |
| Amounts receivable within one year | 40/41 | €35,488 | €33,094 | -€2,394 | -6.7% |
| Trade receivables | 40 | €24 | €733 | +€709 | +2962.2% |
| Other amounts receivable | 41 | €35,464 | €32,361 | -€3,103 | -8.7% |
| Cash at bank and in hand | 54/58 | €94,222 | €116,112 | +€21,890 | +23.2% |
| Deferred charges and accrued income | 490/1 | €9,545 | €8,926 | -€619 | -6.5% |
| Total equity and liabilities | 10/49 | €301,374 | €295,980 | -€5,394 | -1.8% |
| Equity | 10/15 | -€13,070 | -€4,110 | +€8,959 | +68.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,070 | -€19,110 | +€8,959 | +31.9% |
| Amounts payable | 17/49 | €314,444 | €300,091 | -€14,353 | -4.6% |
| Amounts payable after more than one year | 17 | €117,976 | €79,767 | -€38,208 | -32.4% |
| Financial debts | 170/4 | €117,976 | €79,767 | -€38,208 | -32.4% |
| Amounts payable within one year | 42/48 | €196,468 | €220,323 | +€23,855 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €34,211 | €38,208 | +€3,998 | +11.7% |
| Financial debts | 43 | €8,663 | - | -€8,663 | |
| Credit institutions | 430/8 | €8,663 | - | -€8,663 | |
| Trade debts | 44 | €79,698 | €86,016 | +€6,317 | +7.9% |
| Suppliers | 440/4 | €79,698 | €86,016 | +€6,317 | +7.9% |
| Taxes, remuneration and social security | 45 | €73,896 | €96,099 | +€22,204 | +30.0% |
| Taxes | 450/3 | €8,140 | €7,828 | -€312 | -3.8% |
| Remuneration and social security | 454/9 | €65,756 | €88,272 | +€22,516 | +34.2% |
| Remuneration, social security and pensions | 62 | €689,922 | €657,948 | -€31,974 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,515 | €23,458 | +€944 | +4.2% |
| Other operating charges | 640/8 | €2,140 | €1,234 | -€906 | -42.3% |
| Gross operating margin | 9900 | €682,669 | €712,088 | +€29,419 | +4.3% |
| Operating profit (loss) | 9901 | -€31,908 | €29,447 | +€61,355 | |
| Financial income | 75/76B | €2,325 | €1,733 | -€592 | -25.5% |
| Recurring financial income | 75 | €2,325 | €1,733 | -€592 | -25.5% |
| Financial charges | 65/66B | €20,308 | €22,048 | +€1,740 | +8.6% |
| Recurring financial charges | 65 | €20,308 | €22,048 | +€1,740 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€49,891 | €9,132 | +€59,023 | |
| Income taxes | 67/77 | €158 | €172 | +€14 | +8.8% |
| Profit (loss) for the period | 9904 | -€50,050 | €8,959 | +€59,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,050 | €8,959 | +€59,009 |
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 5 October 2026 via checked.be.