Su Li: 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.
Su Li
Largest movements
- Tangible fixed assets -€109,002
down €109,002 (-2.8%), from €3.9m to €3.8m
of which Land and buildings: -€109,002
- Current investments +€99,203
up €99,203 (+4.0%), from €2.5m to €2.6m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€48,759
down €48,759 (-25.4%), from €191,788 to €143,029
- Other operating charges +€33,612
up €33,612 (+48.7%), from €68,996 to €102,608
- Financial charges -€10,517
down €10,517 (-36.7%), from -€28,630 to -€39,147
- Gross operating margin -€5,760
down €5,760 (-25.6%), from €22,522 to €16,761
- Taxes -€3,750
down €3,750 (-10.4%), from €36,098 to €32,348
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 | €6,929,580 | €6,884,560 | -€45,020 | -0.6% |
| Fixed assets | 21/28 | €3,904,543 | €3,795,541 | -€109,002 | -2.8% |
| Tangible fixed assets | 22/27 | €3,904,543 | €3,795,541 | -€109,002 | -2.8% |
| Land and buildings | 22 | €3,904,043 | €3,795,041 | -€109,002 | -2.8% |
| Furniture and vehicles | 24 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €3,025,037 | €3,089,019 | +€63,982 | +2.1% |
| Amounts receivable within one year | 40/41 | - | €9,937 | +€9,937 | |
| Trade receivables | 40 | - | €9,937 | +€9,937 | |
| Current investments | 50/53 | €2,462,566 | €2,561,769 | +€99,203 | +4.0% |
| Cash at bank and in hand | 54/58 | €562,471 | €517,313 | -€45,159 | -8.0% |
| Total equity and liabilities | 10/49 | €6,929,580 | €6,884,560 | -€45,020 | -0.6% |
| Equity | 10/15 | €6,929,580 | €6,884,560 | -€45,020 | -0.6% |
| Contributions | 10/11 | €7,473,011 | €7,473,011 | = | 0.0% |
| Capital | 10 | €7,473,011 | €7,473,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€543,431 | -€588,451 | -€45,020 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,208 | €109,002 | +€794 | +0.7% |
| Other operating charges | 640/8 | €68,996 | €102,608 | +€33,612 | +48.7% |
| Gross operating margin | 9900 | €22,522 | €16,761 | -€5,760 | -25.6% |
| Operating profit (loss) | 9901 | -€154,682 | -€194,849 | -€40,167 | -26.0% |
| Financial income | 75/76B | €191,788 | €143,029 | -€48,759 | -25.4% |
| Recurring financial income | 75 | €191,788 | €143,029 | -€48,759 | -25.4% |
| Financial charges | 65/66B | -€28,630 | -€39,147 | -€10,517 | -36.7% |
| Recurring financial charges | 65 | -€28,630 | -€39,147 | -€10,517 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €65,736 | -€12,672 | -€78,408 | |
| Income taxes | 67/77 | €36,098 | €32,348 | -€3,750 | -10.4% |
| Profit (loss) for the period | 9904 | €29,638 | -€45,020 | -€74,658 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,638 | -€45,020 | -€74,658 |
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 7 October 2026 via checked.be.