SUDE 38: 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.
SUDE 38
Largest movements
- Receivables within one year +€40,418
up €40,418 (+88.2%), from €45,809 to €86,227
of which Trade receivables: +€41,358
- Tangible fixed assets -€6,072
down €6,072 (-22.4%), from €27,138 to €21,066
of which Other tangible fixed assets: -€3,600
- Cash -€3,529
down €3,529 (-86.2%), from €4,096 to €566
mainly Receivables within one year (-€40,418) and Trade debts (-€9,433)
- Accrued charges and deferred income +€30,000
new in 2024: €30,000
- Trade debts -€9,433
down €9,433 (-59.9%), from €15,758 to €6,325
- Profit (loss) carried forward +€8,783
up €8,783 (+23.8%), from €36,889 to €45,673
- Tax, wage and social debts +€1,467
up €1,467 (+21.0%), from €6,975 to €8,441
- Turnover -€365,595
no longer reported in 2024 (was €365,595)
- Purchases and services -€346,073
no longer reported in 2024 (was €346,073)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,082 | €110,899 | +€30,817 | +38.5% |
| Fixed assets | 21/28 | €30,178 | €24,106 | -€6,072 | -20.1% |
| Tangible fixed assets | 22/27 | €27,138 | €21,066 | -€6,072 | -22.4% |
| Plant, machinery and equipment | 23 | €2,286 | €1,440 | -€846 | -37.0% |
| Furniture and vehicles | 24 | €3,251 | €1,626 | -€1,626 | -50.0% |
| Other tangible fixed assets | 26 | €21,600 | €18,000 | -€3,600 | -16.7% |
| Financial fixed assets | 28 | €3,040 | €3,040 | = | 0.0% |
| Current assets | 29/58 | €49,904 | €86,793 | +€36,889 | +73.9% |
| Amounts receivable within one year | 40/41 | €45,809 | €86,227 | +€40,418 | +88.2% |
| Trade receivables | 40 | €27,295 | €68,653 | +€41,358 | +152% |
| Other amounts receivable | 41 | €18,514 | €17,574 | -€940 | -5.1% |
| Cash at bank and in hand | 54/58 | €4,096 | €566 | -€3,529 | -86.2% |
| Total equity and liabilities | 10/49 | €80,082 | €110,899 | +€30,817 | +38.5% |
| Equity | 10/15 | €57,349 | €66,133 | +€8,783 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €36,889 | €45,673 | +€8,783 | +23.8% |
| Amounts payable | 17/49 | €22,733 | €44,766 | +€22,033 | +96.9% |
| Amounts payable within one year | 42/48 | €22,733 | €14,766 | -€7,967 | -35.0% |
| Trade debts | 44 | €15,758 | €6,325 | -€9,433 | -59.9% |
| Suppliers | 440/4 | €15,758 | €6,325 | -€9,433 | -59.9% |
| Taxes, remuneration and social security | 45 | €6,975 | €8,441 | +€1,467 | +21.0% |
| Taxes | 450/3 | €6,975 | €8,441 | +€1,467 | +21.0% |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Turnover | 70 | €365,595 | - | -€365,595 | |
| Goods, raw materials, services and sundry goods | 60/61 | €346,073 | - | -€346,073 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,120 | €6,072 | -€1,048 | -14.7% |
| Other operating charges | 640/8 | €237 | - | -€237 | |
| Gross operating margin | 9900 | €19,522 | €18,852 | -€670 | -3.4% |
| Operating profit (loss) | 9901 | €12,165 | €12,779 | +€614 | +5.0% |
| Financial income | 75/76B | - | €919 | +€919 | |
| Recurring financial income | 75 | - | €919 | +€919 | |
| Financial charges | 65/66B | €5,343 | €4,915 | -€427 | -8.0% |
| Recurring financial charges | 65 | €5,343 | €4,915 | -€427 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €6,822 | €8,783 | +€1,961 | +28.7% |
| Profit (loss) for the period | 9904 | €6,822 | €8,783 | +€1,961 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,822 | €8,783 | +€1,961 | +28.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.