SUENO: 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.
SUENO
Largest movements
- Tangible fixed assets +€25,199
up €25,199 (+34.2%), from €73,784 to €98,983
of which Leasing and similar rights: +€30,434
- Financial fixed assets +€25,000
new in 2025: €25,000
- Cash +€14,902
up €14,902 (+16.2%), from €91,730 to €106,632
mainly Net result for the year (+€48,900) and Depreciation (+€26,152)
- Receivables within one year -€11,332
down €11,332 (-18.7%), from €60,453 to €49,121
of which Trade receivables: -€28,867
- Reserves +€48,900
up €48,900 (+37.8%), from €129,416 to €178,316
- Tax, wage and social debts -€18,865
down €18,865 (-60.6%), from €31,149 to €12,284
- Debts after one year +€13,581
up €13,581 (+35.7%), from €38,028 to €51,609
- Current portion of long-term debt +€7,942
up €7,942 (+59.6%), from €13,325 to €21,267
- Trade debts +€4,473
up €4,473 (+40.5%), from €11,049 to €15,522
- Gross operating margin -€89,619
down €89,619 (-49.5%), from €180,949 to €91,329
- Taxes -€18,865
down €18,865 (-60.6%), from €31,149 to €12,284
- Depreciation +€9,401
up €9,401 (+56.1%), from €16,751 to €26,152
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.
Derived cash bridge
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 | €225,967 | €281,998 | +€56,031 | +24.8% |
| Fixed assets | 21/28 | €73,784 | €123,983 | +€50,199 | +68.0% |
| Tangible fixed assets | 22/27 | €73,784 | €98,983 | +€25,199 | +34.2% |
| Plant, machinery and equipment | 23 | €22,420 | €18,105 | -€4,314 | -19.2% |
| Furniture and vehicles | 24 | €2,585 | €1,664 | -€921 | -35.6% |
| Leasing and similar rights | 25 | €48,779 | €79,213 | +€30,434 | +62.4% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €152,183 | €158,016 | +€5,833 | +3.8% |
| Amounts receivable within one year | 40/41 | €60,453 | €49,121 | -€11,332 | -18.7% |
| Trade receivables | 40 | €50,367 | €21,500 | -€28,867 | -57.3% |
| Other amounts receivable | 41 | €10,087 | €27,621 | +€17,535 | +174% |
| Cash at bank and in hand | 54/58 | €91,730 | €106,632 | +€14,902 | +16.2% |
| Deferred charges and accrued income | 490/1 | - | €2,262 | +€2,262 | |
| Total equity and liabilities | 10/49 | €225,967 | €281,998 | +€56,031 | +24.8% |
| Equity | 10/15 | €132,416 | €181,316 | +€48,900 | +36.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €129,416 | €178,316 | +€48,900 | +37.8% |
| Distributable reserves | 133 | €129,416 | €178,316 | +€48,900 | +37.8% |
| Amounts payable | 17/49 | €93,551 | €100,682 | +€7,131 | +7.6% |
| Amounts payable after more than one year | 17 | €38,028 | €51,609 | +€13,581 | +35.7% |
| Financial debts | 170/4 | €38,028 | €51,609 | +€13,581 | +35.7% |
| Amounts payable within one year | 42/48 | €55,523 | €49,073 | -€6,450 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €13,325 | €21,267 | +€7,942 | +59.6% |
| Trade debts | 44 | €11,049 | €15,522 | +€4,473 | +40.5% |
| Suppliers | 440/4 | €11,049 | €15,522 | +€4,473 | +40.5% |
| Taxes, remuneration and social security | 45 | €31,149 | €12,284 | -€18,865 | -60.6% |
| Taxes | 450/3 | €31,149 | €12,284 | -€18,865 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,751 | €26,152 | +€9,401 | +56.1% |
| Other operating charges | 640/8 | €730 | €821 | +€91 | +12.5% |
| Non-recurring operating charges | 66A | €10,000 | - | -€10,000 | |
| Gross operating margin | 9900 | €180,949 | €91,329 | -€89,619 | -49.5% |
| Operating profit (loss) | 9901 | €153,468 | €64,356 | -€89,112 | -58.1% |
| Financial income | 75/76B | €0 | €699 | +€699 | +6,985,500% |
| Recurring financial income | 75 | €0 | €699 | +€699 | +6,985,500% |
| Financial charges | 65/66B | €5,111 | €3,871 | -€1,240 | -24.3% |
| Recurring financial charges | 65 | €5,111 | €3,871 | -€1,240 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €148,357 | €61,184 | -€87,173 | -58.8% |
| Income taxes | 67/77 | €31,149 | €12,284 | -€18,865 | -60.6% |
| Profit (loss) for the period | 9904 | €117,208 | €48,900 | -€68,308 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,208 | €48,900 | -€68,308 | -58.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.