SUAN THAI: 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.
SUAN THAI
Largest movements
- Receivables within one year -€48,430
down €48,430 (-70.0%), from €69,165 to €20,735
of which Trade receivables: -€48,654
- Tangible fixed assets -€4,914
down €4,914 (-34.4%), from €14,296 to €9,383
of which Plant, machinery and equipment: -€4,481
- Deferred charges and accrued income -€2,214
down €2,214 (-28.6%), from €7,746 to €5,533
- Profit (loss) carried forward +€91,918
up €91,918 (+29.4%), from -€313,116 to -€221,198
- Trade debts -€76,750
down €76,750 (-58.6%), from €130,938 to €54,188
- Debts after one year -€72,000
down €72,000 (-41.9%), from €172,000 to €100,000
- Other debts +€14,417
up €14,417 (+613%), from €2,354 to €16,771
- Tax, wage and social debts -€7,154
down €7,154 (-21.8%), from €32,785 to €25,631
- Gross operating margin +€85,612
up €85,612 (+326%), from €26,273 to €111,885
- Other operating charges -€33,068
down €33,068 (-83.6%), from €39,536 to €6,467
- Taxes -€6,199
down €6,199 (-91.1%), from €6,805 to €607
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.
Derived cash bridge
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 | €140,368 | €85,166 | -€55,203 | -39.3% |
| Fixed assets | 21/28 | €14,446 | €9,533 | -€4,914 | -34.0% |
| Tangible fixed assets | 22/27 | €14,296 | €9,383 | -€4,914 | -34.4% |
| Plant, machinery and equipment | 23 | €7,063 | €2,581 | -€4,481 | -63.5% |
| Furniture and vehicles | 24 | €2,027 | €3,072 | +€1,045 | +51.6% |
| Other tangible fixed assets | 26 | €5,207 | €3,730 | -€1,477 | -28.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €125,922 | €75,633 | -€50,289 | -39.9% |
| Stocks and contracts in progress | 3 | €47,723 | €46,698 | -€1,025 | -2.1% |
| Stocks | 30/36 | €47,723 | €46,698 | -€1,025 | -2.1% |
| Amounts receivable within one year | 40/41 | €69,165 | €20,735 | -€48,430 | -70.0% |
| Trade receivables | 40 | €69,163 | €20,509 | -€48,654 | -70.3% |
| Other amounts receivable | 41 | €2 | €226 | +€225 | +12,764% |
| Cash at bank and in hand | 54/58 | €1,288 | €2,667 | +€1,379 | +107% |
| Deferred charges and accrued income | 490/1 | €7,746 | €5,533 | -€2,214 | -28.6% |
| Total equity and liabilities | 10/49 | €140,368 | €85,166 | -€55,203 | -39.3% |
| Equity | 10/15 | -€220,585 | -€128,667 | +€91,918 | +41.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,931 | €73,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €72,071 | €72,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€313,116 | -€221,198 | +€91,918 | +29.4% |
| Amounts payable | 17/49 | €360,953 | €213,833 | -€147,120 | -40.8% |
| Amounts payable after more than one year | 17 | €172,000 | €100,000 | -€72,000 | -41.9% |
| Financial debts | 170/4 | €172,000 | €100,000 | -€72,000 | -41.9% |
| Amounts payable within one year | 42/48 | €188,286 | €112,758 | -€75,529 | -40.1% |
| Financial debts | 43 | €22,209 | €16,168 | -€6,041 | -27.2% |
| Credit institutions | 430/8 | €19,782 | €16,168 | -€3,615 | -18.3% |
| Other loans | 439 | €2,427 | - | -€2,427 | |
| Trade debts | 44 | €130,938 | €54,188 | -€76,750 | -58.6% |
| Suppliers | 440/4 | €130,938 | €54,188 | -€76,750 | -58.6% |
| Taxes, remuneration and social security | 45 | €32,785 | €25,631 | -€7,154 | -21.8% |
| Taxes | 450/3 | €32,785 | €25,631 | -€7,154 | -21.8% |
| Other amounts payable | 47/48 | €2,354 | €16,771 | +€14,417 | +613% |
| Accrued charges and deferred income | 492/3 | €667 | €1,075 | +€408 | +61.2% |
| Non-recurring operating income | 76A | - | €10,958 | +€10,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,901 | €6,770 | -€132 | -1.9% |
| Other operating charges | 640/8 | €39,536 | €6,467 | -€33,068 | -83.6% |
| Gross operating margin | 9900 | €26,273 | €111,885 | +€85,612 | +326% |
| Operating profit (loss) | 9901 | -€20,164 | €98,648 | +€118,812 | |
| Financial income | 75/76B | €205 | €53 | -€152 | -74.3% |
| Recurring financial income | 75 | €205 | €53 | -€152 | -74.3% |
| Financial charges | 65/66B | €6,330 | €6,176 | -€154 | -2.4% |
| Recurring financial charges | 65 | €6,330 | €6,176 | -€154 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,289 | €92,524 | +€118,814 | |
| Income taxes | 67/77 | €6,805 | €607 | -€6,199 | -91.1% |
| Profit (loss) for the period | 9904 | -€33,095 | €91,918 | +€125,012 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,095 | €91,918 | +€125,012 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.