SUDE TOURS: 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 TOURS
Largest movements
- Tangible fixed assets +€860,140
up €860,140 (+361%), from €238,117 to €1.1m
- Cash +€739,149
up €739,149 (+464%), from €159,302 to €898,451
mainly Trade debts (+€1.5m) and Net result for the year (+€210,109)
- Receivables within one year +€314,030
up €314,030 (+63.0%), from €498,758 to €812,787
of which Trade receivables: +€294,924
- Trade debts +€1.5m
up €1.5m (+570%), from €259,117 to €1.7m
- Profit (loss) carried forward +€210,109
up €210,109 (+48.7%), from €431,520 to €641,629
- Short-term financial debts +€177,435
new in 2024: €177,435
- Debts after one year +€63,733
up €63,733 (+66.2%), from €96,257 to €159,990
- Tax, wage and social debts -€61,022
down €61,022 (-86.2%), from €70,822 to €9,800
of which Taxes: -€53,071
- Turnover +€2.0m
up €2.0m (+205%), from €984,800 to €3.0m
- Purchases and services +€1.7m
up €1.7m (+394%), from €442,557 to €2.2m
- Staff costs +€310,580
up €310,580 (+417%), from €74,407 to €384,987
- Gross operating margin +€271,352
up €271,352 (+50.0%), from €542,243 to €813,595
- Depreciation +€86,457
up €86,457 (+214%), from €40,345 to €126,802
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 | €896,177 | €2,809,495 | +€1.9m | +213% |
| Fixed assets | 21/28 | €238,117 | €1,098,257 | +€860,140 | +361% |
| Tangible fixed assets | 22/27 | €238,117 | €1,098,257 | +€860,140 | +361% |
| Furniture and vehicles | 24 | €238,117 | €1,098,257 | +€860,140 | +361% |
| Current assets | 29/58 | €658,060 | €1,711,238 | +€1.1m | +160% |
| Amounts receivable within one year | 40/41 | €498,758 | €812,787 | +€314,030 | +63.0% |
| Trade receivables | 40 | €455,586 | €750,509 | +€294,924 | +64.7% |
| Other amounts receivable | 41 | €43,172 | €62,278 | +€19,106 | +44.3% |
| Cash at bank and in hand | 54/58 | €159,302 | €898,451 | +€739,149 | +464% |
| Total equity and liabilities | 10/49 | €896,177 | €2,809,495 | +€1.9m | +213% |
| Equity | 10/15 | €451,980 | €662,089 | +€210,109 | +46.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €431,520 | €641,629 | +€210,109 | +48.7% |
| Amounts payable | 17/49 | €444,197 | €2,147,407 | +€1.7m | +383% |
| Amounts payable after more than one year | 17 | €96,257 | €159,990 | +€63,733 | +66.2% |
| Financial debts | 170/4 | €96,257 | €159,990 | +€63,733 | +66.2% |
| Amounts payable within one year | 42/48 | €347,939 | €1,987,417 | +€1.6m | +471% |
| Financial debts | 43 | - | €177,435 | +€177,435 | |
| Credit institutions | 430/8 | - | €177,435 | +€177,435 | |
| Trade debts | 44 | €259,117 | €1,736,987 | +€1.5m | +570% |
| Suppliers | 440/4 | €259,117 | €1,736,987 | +€1.5m | +570% |
| Advances received on contracts in progress | 46 | €18,000 | €63,195 | +€45,195 | +251% |
| Taxes, remuneration and social security | 45 | €70,822 | €9,800 | -€61,022 | -86.2% |
| Taxes | 450/3 | €53,071 | - | -€53,071 | |
| Remuneration and social security | 454/9 | €17,752 | €9,800 | -€7,952 | -44.8% |
| Turnover | 70 | €984,800 | €3,001,078 | +€2.0m | +205% |
| Goods, raw materials, services and sundry goods | 60/61 | €442,557 | €2,187,483 | +€1.7m | +394% |
| Remuneration, social security and pensions | 62 | €74,407 | €384,987 | +€310,580 | +417% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,345 | €126,802 | +€86,457 | +214% |
| Other operating charges | 640/8 | €145,984 | €78,313 | -€67,671 | -46.4% |
| Gross operating margin | 9900 | €542,243 | €813,595 | +€271,352 | +50.0% |
| Operating profit (loss) | 9901 | €281,507 | €223,493 | -€58,014 | -20.6% |
| Financial charges | 65/66B | €913 | €13,385 | +€12,471 | +1,366% |
| Recurring financial charges | 65 | €913 | €13,385 | +€12,471 | +1,366% |
| Profit (loss) for the period before taxes | 9903 | €280,594 | €210,109 | -€70,486 | -25.1% |
| Profit (loss) for the period | 9904 | €280,594 | €210,109 | -€70,486 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €280,594 | €210,109 | -€70,486 | -25.1% |
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 23 October 2026 via checked.be.