SUCABO: 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.
SUCABO
Largest movements
- Current investments +€302,394
up €302,394 (+201.6%), from €150,000 to €452,394
- Cash -€246,757
down €246,757 (-74.0%), from €333,252 to €86,496
mainly Current investments (-€302,394) and Tax, wage and social debts (-€27,392)
- Receivables within one year -€10,162
down €10,162 (-9.8%), from €103,236 to €93,074
of which Trade receivables: -€11,673
- Reserves +€89,095
up €89,095 (+17.1%), from €522,499 to €611,594
- Tax, wage and social debts -€27,392
down €27,392 (-54.4%), from €50,310 to €22,918
of which Taxes: -€24,774
- Other debts -€9,346
down €9,346 (-91.4%), from €10,229 to €883
- Trade debts -€8,230
down €8,230 (-89.8%), from €9,162 to €932
- Gross operating margin -€24,060
down €24,060 (-13.3%), from €180,731 to €156,670
- Taxes -€10,331
down €10,331 (-21.7%), from €47,611 to €37,280
- Financial income -€7,657
down €7,657 (-56.0%), from €13,665 to €6,007
- Depreciation -€3,152
down €3,152 (-35.2%), from €8,954 to €5,801
- Staff costs +€2,170
up €2,170 (+8.4%), from €25,920 to €28,091
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,800 | €654,927 | +€44,127 | +7.2% |
| Fixed assets | 21/28 | €24,312 | €22,964 | -€1,348 | -5.5% |
| Tangible fixed assets | 22/27 | €24,312 | €22,964 | -€1,348 | -5.5% |
| Plant, machinery and equipment | 23 | €486 | €361 | -€125 | -25.8% |
| Furniture and vehicles | 24 | €9,738 | €10,507 | +€769 | +7.9% |
| Other tangible fixed assets | 26 | €14,087 | €12,096 | -€1,992 | -14.1% |
| Current assets | 29/58 | €586,488 | €631,963 | +€45,475 | +7.8% |
| Amounts receivable within one year | 40/41 | €103,236 | €93,074 | -€10,162 | -9.8% |
| Trade receivables | 40 | €103,236 | €91,563 | -€11,673 | -11.3% |
| Other amounts receivable | 41 | - | €1,511 | +€1,511 | |
| Current investments | 50/53 | €150,000 | €452,394 | +€302,394 | +201.6% |
| Cash at bank and in hand | 54/58 | €333,252 | €86,496 | -€246,757 | -74.0% |
| Total equity and liabilities | 10/49 | €610,800 | €654,927 | +€44,127 | +7.2% |
| Equity | 10/15 | €541,099 | €630,194 | +€89,095 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €522,499 | €611,594 | +€89,095 | +17.1% |
| Distributable reserves | 133 | €522,499 | €611,594 | +€89,095 | +17.1% |
| Amounts payable | 17/49 | €69,701 | €24,733 | -€44,968 | -64.5% |
| Amounts payable within one year | 42/48 | €69,701 | €24,733 | -€44,968 | -64.5% |
| Trade debts | 44 | €9,162 | €932 | -€8,230 | -89.8% |
| Suppliers | 440/4 | €9,162 | €932 | -€8,230 | -89.8% |
| Taxes, remuneration and social security | 45 | €50,310 | €22,918 | -€27,392 | -54.4% |
| Taxes | 450/3 | €41,962 | €17,188 | -€24,774 | -59.0% |
| Remuneration and social security | 454/9 | €8,348 | €5,730 | -€2,618 | -31.4% |
| Other amounts payable | 47/48 | €10,229 | €883 | -€9,346 | -91.4% |
| Remuneration, social security and pensions | 62 | €25,920 | €28,091 | +€2,170 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,954 | €5,801 | -€3,152 | -35.2% |
| Other operating charges | 640/8 | €2,642 | €1,989 | -€653 | -24.7% |
| Gross operating margin | 9900 | €180,731 | €156,670 | -€24,060 | -13.3% |
| Operating profit (loss) | 9901 | €143,215 | €120,789 | -€22,426 | -15.7% |
| Financial income | 75/76B | €13,665 | €6,007 | -€7,657 | -56.0% |
| Recurring financial income | 75 | €13,665 | €6,007 | -€7,657 | -56.0% |
| Financial charges | 65/66B | €405 | €422 | +€16 | +4.0% |
| Recurring financial charges | 65 | €405 | €422 | +€16 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €156,474 | €126,375 | -€30,099 | -19.2% |
| Income taxes | 67/77 | €47,611 | €37,280 | -€10,331 | -21.7% |
| Profit (loss) for the period | 9904 | €108,863 | €89,095 | -€19,768 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €108,863 | €89,095 | -€19,768 | -18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.