SUFESO: what changed
Two fiscal 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.
SUFESO
Largest movements
- Tangible fixed assets -€14,121
down €14,121 (-16.0%), from €88,001 to €73,880
- Cash +€10,797
up €10,797 (+23.0%), from €46,969 to €57,766
mainly Depreciation (+€14,121) and Accrued charges and deferred income (+€3)
- Reserves -€7,270
down €7,270 (-15.5%), from €47,044 to €39,775
of which Tax-exempt reserves: -€7,270
- Profit (loss) carried forward +€6,367
up €6,367 (+6.0%), from -€105,738 to -€99,372
- Provisions -€2,423
down €2,423 (-26.5%), from €9,128 to €6,704
- Taxes -€1,933
down €1,933 (-93.5%), from €2,066 to €133
- Other operating charges -€202
down €202 (-13.6%), from €1,483 to €1,281
- Financial income +€198
up €198 (+80.2%), from €247 to €445
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 | €135,519 | €132,195 | -€3,324 | -2.5% |
| Fixed assets | 21/28 | €88,001 | €73,880 | -€14,121 | -16.0% |
| Tangible fixed assets | 22/27 | €88,001 | €73,880 | -€14,121 | -16.0% |
| Land and buildings | 22 | €88,001 | €73,880 | -€14,121 | -16.0% |
| Current assets | 29/58 | €47,518 | €58,315 | +€10,797 | +22.7% |
| Amounts receivable within one year | 40/41 | €549 | €549 | = | 0.0% |
| Other amounts receivable | 41 | €549 | €549 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,969 | €57,766 | +€10,797 | +23.0% |
| Total equity and liabilities | 10/49 | €135,519 | €132,195 | -€3,324 | -2.5% |
| Equity | 10/15 | €126,306 | €125,403 | -€903 | -0.7% |
| Contributions | 10/11 | €185,000 | €185,000 | = | 0.0% |
| Capital | 10 | €185,000 | €185,000 | = | 0.0% |
| Issued capital | 100 | €185,000 | €185,000 | = | 0.0% |
| Reserves | 13 | €47,044 | €39,775 | -€7,270 | -15.5% |
| Non-distributable reserves | 130/1 | €2,543 | €2,543 | = | 0.0% |
| Legal reserve | 130 | €2,543 | €2,543 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,159 | €21,889 | -€7,270 | -24.9% |
| Distributable reserves | 133 | €15,343 | €15,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,738 | -€99,372 | +€6,367 | +6.0% |
| Provisions and deferred taxes | 16 | €9,128 | €6,704 | -€2,423 | -26.5% |
| Deferred taxes | 168 | €9,128 | €6,704 | -€2,423 | -26.5% |
| Amounts payable | 17/49 | €85 | €88 | +€3 | +3.1% |
| Accrued charges and deferred income | 492/3 | €85 | €88 | +€3 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,121 | €14,121 | = | 0.0% |
| Other operating charges | 640/8 | €1,483 | €1,281 | -€202 | -13.6% |
| Gross operating margin | 9900 | €11,902 | €11,809 | -€93 | -0.8% |
| Operating profit (loss) | 9901 | -€3,702 | -€3,593 | +€109 | +2.9% |
| Financial income | 75/76B | €247 | €445 | +€198 | +80.2% |
| Recurring financial income | 75 | €247 | €445 | +€198 | +80.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,500 | -€3,193 | +€307 | +8.8% |
| Transfer from deferred taxes | 780 | €2,867 | €2,423 | -€444 | -15.5% |
| Income taxes | 67/77 | €2,066 | €133 | -€1,933 | -93.5% |
| Profit (loss) for the period | 9904 | -€2,699 | -€903 | +€1,796 | +66.5% |
| Transfer from tax-exempt reserves | 789 | €6,826 | €7,270 | +€444 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,126 | €6,367 | +€2,240 | +54.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.