SUDESA: 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.
SUDESA
Largest movements
- Receivables within one year +€13,441
up €13,441 (+35.2%), from €38,183 to €51,624
- Cash +€6,913
up €6,913 (+614.5%), from €1,125 to €8,038
mainly Net result for the year (+€8,408) and Stocks and contracts (+€5,800)
- Stocks and contracts -€5,800
down €5,800 (-18.4%), from €31,603 to €25,803
- Profit (loss) carried forward +€8,408
up €8,408 (+19.1%), from €43,946 to €52,354
- Tax, wage and social debts +€2,696
up €2,696 (+89.1%), from €3,025 to €5,721
- Short-term financial debts +€1,998
up €1,998 (+100.0%), from €1,998 to €3,997
- Trade debts +€1,808
up €1,808 (+370.0%), from €489 to €2,296
- Gross operating margin +€3,081
up €3,081 (+47.4%), from €6,502 to €9,583
- Financial income +€1,441
up €1,441 (+88.4%), from €1,629 to €3,070
- Taxes +€717
up €717 (+45.8%), from €1,566 to €2,282
- Financial charges +€585
up €585 (+119.6%), from €489 to €1,075
- Other operating charges +€580
up €580 (+187.9%), from €309 to €889
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.
Cash bridge derived
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 | €70,911 | €85,858 | +€14,948 | +21.1% |
| Current assets | 29/58 | €70,911 | €85,858 | +€14,948 | +21.1% |
| Stocks and contracts in progress | 3 | €31,603 | €25,803 | -€5,800 | -18.4% |
| Stocks | 30/36 | €31,603 | €25,803 | -€5,800 | -18.4% |
| Amounts receivable within one year | 40/41 | €38,183 | €51,624 | +€13,441 | +35.2% |
| Other amounts receivable | 41 | €38,183 | €51,624 | +€13,441 | +35.2% |
| Cash at bank and in hand | 54/58 | €1,125 | €8,038 | +€6,913 | +614.5% |
| Deferred charges and accrued income | 490/1 | - | €393 | +€393 | |
| Total equity and liabilities | 10/49 | €70,911 | €85,858 | +€14,948 | +21.1% |
| Equity | 10/15 | €64,406 | €72,814 | +€8,408 | +13.1% |
| 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 | €43,946 | €52,354 | +€8,408 | +19.1% |
| Amounts payable | 17/49 | €6,505 | €13,045 | +€6,540 | +100.5% |
| Amounts payable within one year | 42/48 | €5,512 | €12,014 | +€6,502 | +118.0% |
| Financial debts | 43 | €1,998 | €3,997 | +€1,998 | +100.0% |
| Credit institutions | 430/8 | €1,998 | €3,997 | +€1,998 | +100.0% |
| Trade debts | 44 | €489 | €2,296 | +€1,808 | +370.0% |
| Suppliers | 440/4 | €489 | €2,296 | +€1,808 | +370.0% |
| Taxes, remuneration and social security | 45 | €3,025 | €5,721 | +€2,696 | +89.1% |
| Taxes | 450/3 | €3,025 | €5,721 | +€2,696 | +89.1% |
| Accrued charges and deferred income | 492/3 | €993 | €1,030 | +€38 | +3.8% |
| Other operating charges | 640/8 | €309 | €889 | +€580 | +187.9% |
| Gross operating margin | 9900 | €6,502 | €9,583 | +€3,081 | +47.4% |
| Operating profit (loss) | 9901 | €6,193 | €8,694 | +€2,501 | +40.4% |
| Financial income | 75/76B | €1,629 | €3,070 | +€1,441 | +88.4% |
| Recurring financial income | 75 | €1,629 | €3,070 | +€1,441 | +88.4% |
| Financial charges | 65/66B | €489 | €1,075 | +€585 | +119.6% |
| Recurring financial charges | 65 | €489 | €1,075 | +€585 | +119.6% |
| Profit (loss) for the period before taxes | 9903 | €7,333 | €10,690 | +€3,356 | +45.8% |
| Income taxes | 67/77 | €1,566 | €2,282 | +€717 | +45.8% |
| Profit (loss) for the period | 9904 | €5,768 | €8,408 | +€2,640 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,768 | €8,408 | +€2,640 | +45.8% |
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 9 October 2026 via checked.be.