SUCOBEL: 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.
SUCOBEL
Largest movements
- Receivables within one year +€21,631
up €21,631 (+1,525%), from €1,418 to €23,049
of which Trade receivables: +€22,236
- Tangible fixed assets -€16,880
down €16,880 (-8.6%), from €196,704 to €179,824
of which Land and buildings: -€11,000
- Reserves +€29,900
up €29,900 (+33.7%), from €88,722 to €118,622
- Debts after one year -€23,892
down €23,892 (-100%), from €23,892 to €0
- Current portion of long-term debt -€7,355
down €7,355 (-23.5%), from €31,328 to €23,974
- Tax, wage and social debts +€5,894
up €5,894 (+106%), from €5,577 to €11,471
- Gross operating margin +€26,153
up €26,153 (+64.1%), from €40,812 to €66,965
- Taxes +€7,619
up €7,619 (+148%), from €5,137 to €12,757
- Financial charges -€1,294
down €1,294 (-20.5%), from €6,298 to €5,004
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 | €203,167 | €207,434 | +€4,268 | +2.1% |
| Fixed assets | 21/28 | €196,704 | €179,824 | -€16,880 | -8.6% |
| Tangible fixed assets | 22/27 | €196,704 | €179,824 | -€16,880 | -8.6% |
| Land and buildings | 22 | €166,000 | €155,000 | -€11,000 | -6.6% |
| Furniture and vehicles | 24 | €3,912 | €1,793 | -€2,120 | -54.2% |
| Other tangible fixed assets | 26 | €26,791 | €23,031 | -€3,760 | -14.0% |
| Current assets | 29/58 | €6,463 | €27,610 | +€21,148 | +327% |
| Amounts receivable within one year | 40/41 | €1,418 | €23,049 | +€21,631 | +1,525% |
| Trade receivables | 40 | €56 | €22,291 | +€22,236 | +40,064% |
| Other amounts receivable | 41 | €1,363 | €758 | -€605 | -44.4% |
| Cash at bank and in hand | 54/58 | €738 | €184 | -€554 | -75.0% |
| Deferred charges and accrued income | 490/1 | €4,307 | €4,377 | +€70 | +1.6% |
| Total equity and liabilities | 10/49 | €203,167 | €207,434 | +€4,268 | +2.1% |
| Equity | 10/15 | €134,002 | €163,994 | +€29,993 | +22.4% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €88,722 | €118,622 | +€29,900 | +33.7% |
| Distributable reserves | 133 | €88,722 | €118,622 | +€29,900 | +33.7% |
| Profit (loss) carried forward | 14 | €35,080 | €35,172 | +€93 | +0.3% |
| Amounts payable | 17/49 | €69,165 | €43,440 | -€25,725 | -37.2% |
| Amounts payable after more than one year | 17 | €23,892 | €0 | -€23,892 | -100% |
| Financial debts | 170/4 | €23,892 | €0 | -€23,892 | -100% |
| Amounts payable within one year | 42/48 | €45,273 | €43,440 | -€1,833 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €31,328 | €23,974 | -€7,355 | -23.5% |
| Trade debts | 44 | €7,176 | €7,995 | +€819 | +11.4% |
| Suppliers | 440/4 | €7,176 | €7,995 | +€819 | +11.4% |
| Taxes, remuneration and social security | 45 | €5,577 | €11,471 | +€5,894 | +106% |
| Taxes | 450/3 | €5,577 | €11,471 | +€5,894 | +106% |
| Other amounts payable | 47/48 | €1,192 | €0 | -€1,192 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,424 | €16,880 | +€456 | +2.8% |
| Other operating charges | 640/8 | €2,290 | €2,332 | +€42 | +1.8% |
| Gross operating margin | 9900 | €40,812 | €66,965 | +€26,153 | +64.1% |
| Operating profit (loss) | 9901 | €22,097 | €47,753 | +€25,656 | +116% |
| Financial income | 75/76B | €0 | €0 | -€0 | -40.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -40.0% |
| Financial charges | 65/66B | €6,298 | €5,004 | -€1,294 | -20.5% |
| Recurring financial charges | 65 | €6,298 | €5,004 | -€1,294 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €15,800 | €42,749 | +€26,950 | +171% |
| Income taxes | 67/77 | €5,137 | €12,757 | +€7,619 | +148% |
| Profit (loss) for the period | 9904 | €10,662 | €29,993 | +€19,330 | +181% |
| Profit (loss) for the period to be appropriated | 9905 | €10,662 | €29,993 | +€19,330 | +181% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.