SUALZO: 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.
SUALZO
Largest movements
- Tangible fixed assets -€4,724
down €4,724 (-2.0%), from €230,765 to €226,041
- Debts after one year -€20,403
down €20,403 (-69.8%), from €29,211 to €8,808
- Other debts +€13,539
up €13,539 (+63.5%), from €21,306 to €34,845
- Reserves +€2,400
up €2,400 (+12.4%), from €19,289 to €21,689
- Financial income -€772
no longer reported in 2025 (was €772)
- Taxes -€598
down €598 (-36.8%), from €1,626 to €1,028
- Gross operating margin -€573
down €573 (-4.5%), from €12,815 to €12,243
- Financial charges -€215
down €215 (-5.5%), from €3,930 to €3,715
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 | €232,444 | €228,377 | -€4,067 | -1.7% |
| Fixed assets | 21/28 | €230,765 | €226,041 | -€4,724 | -2.0% |
| Tangible fixed assets | 22/27 | €230,765 | €226,041 | -€4,724 | -2.0% |
| Land and buildings | 22 | €230,765 | €226,041 | -€4,724 | -2.0% |
| Current assets | 29/58 | €1,679 | €2,336 | +€657 | +39.1% |
| Amounts receivable within one year | 40/41 | €1,655 | €2,077 | +€422 | +25.5% |
| Other amounts receivable | 41 | €1,655 | €2,077 | +€422 | +25.5% |
| Cash at bank and in hand | 54/58 | €24 | €259 | +€235 | +977.9% |
| Total equity and liabilities | 10/49 | €232,444 | €228,377 | -€4,067 | -1.7% |
| Equity | 10/15 | €157,743 | €160,148 | +€2,405 | +1.5% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €19,289 | €21,689 | +€2,400 | +12.4% |
| Distributable reserves | 133 | €19,289 | €21,689 | +€2,400 | +12.4% |
| Profit (loss) carried forward | 14 | €132,257 | €132,262 | +€5 | 0.0% |
| Amounts payable | 17/49 | €74,701 | €68,228 | -€6,473 | -8.7% |
| Amounts payable after more than one year | 17 | €29,211 | €8,808 | -€20,403 | -69.8% |
| Financial debts | 170/4 | €29,211 | €8,808 | -€20,403 | -69.8% |
| Amounts payable within one year | 42/48 | €45,490 | €59,420 | +€13,930 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €19,402 | €20,402 | +€1,000 | +5.2% |
| Trade debts | 44 | €3,107 | €3,213 | +€106 | +3.4% |
| Suppliers | 440/4 | €3,107 | €3,213 | +€106 | +3.4% |
| Taxes, remuneration and social security | 45 | €1,675 | €960 | -€715 | -42.7% |
| Taxes | 450/3 | €1,675 | €960 | -€715 | -42.7% |
| Other amounts payable | 47/48 | €21,306 | €34,845 | +€13,539 | +63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,723 | €4,724 | +€1 | 0.0% |
| Other operating charges | 640/8 | €402 | €370 | -€32 | -7.9% |
| Gross operating margin | 9900 | €12,815 | €12,243 | -€573 | -4.5% |
| Operating profit (loss) | 9901 | €7,690 | €7,148 | -€542 | -7.0% |
| Financial income | 75/76B | €772 | - | -€772 | |
| Recurring financial income | 75 | €772 | - | -€772 | |
| Financial charges | 65/66B | €3,930 | €3,715 | -€215 | -5.5% |
| Recurring financial charges | 65 | €3,930 | €3,715 | -€215 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €4,532 | €3,433 | -€1,099 | -24.3% |
| Income taxes | 67/77 | €1,626 | €1,028 | -€598 | -36.8% |
| Profit (loss) for the period | 9904 | €2,906 | €2,405 | -€501 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,906 | €2,405 | -€501 | -17.2% |
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.