SUDAGRI: 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.
SUDAGRI
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+24.7%), from €5.1m to €6.3m
of which Furniture and vehicles: +€1.1m
- Cash +€75,545
up €75,545 (+58.5%), from €129,242 to €204,787
mainly Depreciation (+€989,930) and Debts after one year (+€947,417)
- Debts after one year +€947,417
up €947,417 (+76.1%), from €1.2m to €2.2m
- Profit (loss) carried forward +€189,071
up €189,071 (+15.8%), from €1.2m to €1.4m
- Trade debts +€147,529
up €147,529 (+46.3%), from €318,638 to €466,167
of which Suppliers: +€118,569
- Current portion of long-term debt +€112,991
up €112,991 (+13.5%), from €837,156 to €950,147
- Purchases and services +€789,478
up €789,478 (+63.9%), from €1.2m to €2.0m
- Gross operating margin -€371,998
down €371,998 (-17.2%), from €2.2m to €1.8m
- Depreciation +€205,516
up €205,516 (+26.2%), from €784,414 to €989,930
- Taxes -€104,675
down €104,675 (-91.0%), from €114,987 to €10,312
- Other operating charges +€41,039
up €41,039 (+65.6%), from €62,572 to €103,611
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 | €6,039,113 | €7,444,720 | +€1.4m | +23.3% |
| Fixed assets | 21/28 | €5,087,543 | €6,344,607 | +€1.3m | +24.7% |
| Tangible fixed assets | 22/27 | €5,087,543 | €6,344,607 | +€1.3m | +24.7% |
| Plant, machinery and equipment | 23 | €2,163,212 | €2,344,320 | +€181,108 | +8.4% |
| Furniture and vehicles | 24 | €2,884,474 | €4,000,287 | +€1.1m | +38.7% |
| Leasing and similar rights | 25 | €39,857 | €0 | -€39,857 | -100.0% |
| Current assets | 29/58 | €951,570 | €1,100,113 | +€148,543 | +15.6% |
| Stocks and contracts in progress | 3 | €33,700 | €35,700 | +€2,000 | +5.9% |
| Stocks | 30/36 | €33,700 | €35,700 | +€2,000 | +5.9% |
| Amounts receivable within one year | 40/41 | €788,628 | €859,626 | +€70,998 | +9.0% |
| Trade receivables | 40 | €783,745 | €737,148 | -€46,597 | -5.9% |
| Other amounts receivable | 41 | €4,883 | €122,478 | +€117,595 | +2408.3% |
| Cash at bank and in hand | 54/58 | €129,242 | €204,787 | +€75,545 | +58.5% |
| Total equity and liabilities | 10/49 | €6,039,113 | €7,444,720 | +€1.4m | +23.3% |
| Equity | 10/15 | €3,154,458 | €3,325,851 | +€171,393 | +5.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,873,000 | €1,873,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €1,867,000 | €1,867,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,196,580 | €1,385,651 | +€189,071 | +15.8% |
| Investment grants | 15 | €24,878 | €7,200 | -€17,678 | -71.1% |
| Amounts payable | 17/49 | €2,884,655 | €4,118,869 | +€1.2m | +42.8% |
| Amounts payable after more than one year | 17 | €1,244,983 | €2,192,400 | +€947,417 | +76.1% |
| Financial debts | 170/4 | €1,244,983 | €2,192,400 | +€947,417 | +76.1% |
| Amounts payable within one year | 42/48 | €1,639,672 | €1,926,469 | +€286,797 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €837,156 | €950,147 | +€112,991 | +13.5% |
| Trade debts | 44 | €318,638 | €466,167 | +€147,529 | +46.3% |
| Suppliers | 440/4 | €318,638 | €437,207 | +€118,569 | +37.2% |
| Bills of exchange payable | 441 | - | €28,960 | +€28,960 | |
| Taxes, remuneration and social security | 45 | €222,926 | €186,042 | -€36,884 | -16.5% |
| Taxes | 450/3 | €145,499 | €145,600 | +€101 | +0.1% |
| Remuneration and social security | 454/9 | €77,427 | €40,442 | -€36,985 | -47.8% |
| Other amounts payable | 47/48 | €260,952 | €324,113 | +€63,161 | +24.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,234,875 | €2,024,353 | +€789,478 | +63.9% |
| Remuneration, social security and pensions | 62 | €387,669 | €394,583 | +€6,914 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €784,414 | €989,930 | +€205,516 | +26.2% |
| Other operating charges | 640/8 | €62,572 | €103,611 | +€41,039 | +65.6% |
| Gross operating margin | 9900 | €2,163,497 | €1,791,499 | -€371,998 | -17.2% |
| Operating profit (loss) | 9901 | €928,842 | €303,375 | -€625,467 | -67.3% |
| Financial income | 75/76B | €7,622 | €17,678 | +€10,056 | +131.9% |
| Recurring financial income | 75 | €7,622 | €17,678 | +€10,056 | +131.9% |
| Financial charges | 65/66B | €82,287 | €119,450 | +€37,163 | +45.2% |
| Recurring financial charges | 65 | €82,287 | €119,450 | +€37,163 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €854,177 | €201,603 | -€652,574 | -76.4% |
| Income taxes | 67/77 | €114,987 | €10,312 | -€104,675 | -91.0% |
| Profit (loss) for the period | 9904 | €739,190 | €191,291 | -€547,899 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €739,190 | €191,291 | -€547,899 | -74.1% |
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 12 October 2026 via checked.be.