Sudnik: 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.
Sudnik
Largest movements
- Cash +€45,379
up €45,379 (+85.6%), from €52,999 to €98,379
mainly Net result for the year (+€54,660) and Tax, wage and social debts (+€23,478)
- Intangible fixed assets -€7,500
down €7,500 (-13.3%), from €56,250 to €48,750
- Tangible fixed assets -€6,868
down €6,868 (-34.0%), from €20,200 to €13,332
of which Plant, machinery and equipment: -€3,702
- Receivables within one year +€2,196
up €2,196 (+27.1%), from €8,117 to €10,313
of which Trade receivables: +€1,805
- Profit (loss) carried forward +€54,660
up €54,660 (+596.6%), from €9,162 to €63,822
- Debts after one year -€24,624
down €24,624 (-53.3%), from €46,230 to €21,605
of which Financial debts: -€21,614
- Tax, wage and social debts +€23,478
up €23,478 (+225.8%), from €10,396 to €33,874
of which Taxes: +€13,300
- Other debts -€12,339
down €12,339 (-48.5%), from €25,446 to €13,107
- Current portion of long-term debt -€6,073
down €6,073 (-21.9%), from €27,686 to €21,614
- Gross operating margin +€47,631
up €47,631 (+40.4%), from €117,853 to €165,483
- Taxes +€11,167
up €11,167 (+418.2%), from €2,670 to €13,837
- Other operating charges -€8,709
down €8,709 (-69.3%), from €12,563 to €3,854
- Staff costs +€2,564
up €2,564 (+3.4%), from €74,939 to €77,502
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 | €138,442 | €172,988 | +€34,546 | +25.0% |
| Fixed assets | 21/28 | €76,450 | €62,082 | -€14,368 | -18.8% |
| Intangible fixed assets | 21 | €56,250 | €48,750 | -€7,500 | -13.3% |
| Tangible fixed assets | 22/27 | €20,200 | €13,332 | -€6,868 | -34.0% |
| Plant, machinery and equipment | 23 | €6,349 | €2,647 | -€3,702 | -58.3% |
| Leasing and similar rights | 25 | €13,851 | €10,685 | -€3,166 | -22.9% |
| Current assets | 29/58 | €61,992 | €110,906 | +€48,914 | +78.9% |
| Amounts receivable within one year | 40/41 | €8,117 | €10,313 | +€2,196 | +27.1% |
| Trade receivables | 40 | €1,354 | €3,159 | +€1,805 | +133.3% |
| Other amounts receivable | 41 | €6,763 | €7,154 | +€391 | +5.8% |
| Cash at bank and in hand | 54/58 | €52,999 | €98,379 | +€45,379 | +85.6% |
| Deferred charges and accrued income | 490/1 | €876 | €2,214 | +€1,339 | +152.8% |
| Total equity and liabilities | 10/49 | €138,442 | €172,988 | +€34,546 | +25.0% |
| Equity | 10/15 | €17,162 | €71,822 | +€54,660 | +318.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Capital | 10 | €8,000 | €8,000 | = | 0.0% |
| Issued capital | 100 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,162 | €63,822 | +€54,660 | +596.6% |
| Amounts payable | 17/49 | €121,280 | €101,166 | -€20,114 | -16.6% |
| Amounts payable after more than one year | 17 | €46,230 | €21,605 | -€24,624 | -53.3% |
| Financial debts | 170/4 | €43,219 | €21,605 | -€21,614 | -50.0% |
| Advances received on contracts in progress | 176 | €3,011 | - | -€3,011 | |
| Amounts payable within one year | 42/48 | €72,287 | €76,882 | +€4,595 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €27,686 | €21,614 | -€6,073 | -21.9% |
| Trade debts | 44 | €8,758 | €8,288 | -€471 | -5.4% |
| Suppliers | 440/4 | €8,758 | €8,288 | -€471 | -5.4% |
| Taxes, remuneration and social security | 45 | €10,396 | €33,874 | +€23,478 | +225.8% |
| Taxes | 450/3 | €4,858 | €18,158 | +€13,300 | +273.8% |
| Remuneration and social security | 454/9 | €5,538 | €15,716 | +€10,178 | +183.8% |
| Other amounts payable | 47/48 | €25,446 | €13,107 | -€12,339 | -48.5% |
| Accrued charges and deferred income | 492/3 | €2,764 | €2,679 | -€85 | -3.1% |
| Remuneration, social security and pensions | 62 | €74,939 | €77,502 | +€2,564 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,836 | €14,368 | +€532 | +3.8% |
| Other operating charges | 640/8 | €12,563 | €3,854 | -€8,709 | -69.3% |
| Gross operating margin | 9900 | €117,853 | €165,483 | +€47,631 | +40.4% |
| Operating profit (loss) | 9901 | €16,514 | €69,759 | +€53,245 | +322.4% |
| Financial income | 75/76B | €2,146 | €2,172 | +€26 | +1.2% |
| Recurring financial income | 75 | €2,146 | €2,172 | +€26 | +1.2% |
| Financial charges | 65/66B | €3,492 | €3,433 | -€59 | -1.7% |
| Recurring financial charges | 65 | €3,492 | €3,433 | -€59 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €15,168 | €68,497 | +€53,329 | +351.6% |
| Income taxes | 67/77 | €2,670 | €13,837 | +€11,167 | +418.2% |
| Profit (loss) for the period | 9904 | €12,498 | €54,660 | +€42,162 | +337.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,498 | €54,660 | +€42,162 | +337.4% |
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 9 October 2026 via checked.be.