SUFI: 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.
SUFI
Largest movements
- Tangible fixed assets -€42,424
down €42,424 (-16.8%), from €251,796 to €209,373
of which Furniture and vehicles: -€26,993
- Cash +€17,630
up €17,630 (+23.5%), from €74,863 to €92,493
mainly Depreciation (+€51,877) and Net result for the year (+€21,423)
- Receivables within one year +€15,960
up €15,960 (+222%), from €7,193 to €23,152
of which Trade receivables: +€18,499
- Deferred charges and accrued income -€6,459
down €6,459 (-52.8%), from €12,227 to €5,768
- Reserves +€21,423
up €21,423 (+14.3%), from €150,137 to €171,560
- Other debts -€17,063
down €17,063 (-24.4%), from €70,014 to €52,950
- Debts after one year -€16,081
down €16,081 (-30.6%), from €52,517 to €36,437
- Accrued charges and deferred income +€15,814
up €15,814 (+95.5%), from €16,560 to €32,374
- Tax, wage and social debts -€13,580
down €13,580 (-48.0%), from €28,290 to €14,711
of which Taxes: -€10,201
- Gross operating margin +€18,260
up €18,260 (+15.2%), from €120,261 to €138,521
- Depreciation +€4,250
up €4,250 (+8.9%), from €47,627 to €51,877
- Staff costs -€3,872
down €3,872 (-11.6%), from €33,474 to €29,602
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 | €352,500 | €336,032 | -€16,468 | -4.7% |
| Fixed assets | 21/28 | €251,796 | €209,373 | -€42,424 | -16.8% |
| Tangible fixed assets | 22/27 | €251,796 | €209,373 | -€42,424 | -16.8% |
| Land and buildings | 22 | €136,526 | €120,371 | -€16,155 | -11.8% |
| Plant, machinery and equipment | 23 | €34,538 | €35,262 | +€725 | +2.1% |
| Furniture and vehicles | 24 | €80,733 | €53,740 | -€26,993 | -33.4% |
| Current assets | 29/58 | €100,703 | €126,659 | +€25,956 | +25.8% |
| Stocks and contracts in progress | 3 | €6,420 | €5,245 | -€1,175 | -18.3% |
| Stocks | 30/36 | €6,420 | €5,245 | -€1,175 | -18.3% |
| Amounts receivable within one year | 40/41 | €7,193 | €23,152 | +€15,960 | +222% |
| Trade receivables | 40 | €4,082 | €22,581 | +€18,499 | +453% |
| Other amounts receivable | 41 | €3,110 | €571 | -€2,539 | -81.6% |
| Cash at bank and in hand | 54/58 | €74,863 | €92,493 | +€17,630 | +23.5% |
| Deferred charges and accrued income | 490/1 | €12,227 | €5,768 | -€6,459 | -52.8% |
| Total equity and liabilities | 10/49 | €352,500 | €336,032 | -€16,468 | -4.7% |
| Equity | 10/15 | €156,337 | €177,760 | +€21,423 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,137 | €171,560 | +€21,423 | +14.3% |
| Distributable reserves | 133 | €150,137 | €171,560 | +€21,423 | +14.3% |
| Amounts payable | 17/49 | €196,163 | €158,272 | -€37,891 | -19.3% |
| Amounts payable after more than one year | 17 | €52,517 | €36,437 | -€16,081 | -30.6% |
| Financial debts | 170/4 | €52,517 | €36,437 | -€16,081 | -30.6% |
| Amounts payable within one year | 42/48 | €127,085 | €89,461 | -€37,625 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €9,487 | €10,356 | +€869 | +9.2% |
| Trade debts | 44 | €19,295 | €11,444 | -€7,850 | -40.7% |
| Suppliers | 440/4 | €19,295 | €11,444 | -€7,850 | -40.7% |
| Taxes, remuneration and social security | 45 | €28,290 | €14,711 | -€13,580 | -48.0% |
| Taxes | 450/3 | €22,388 | €12,186 | -€10,201 | -45.6% |
| Remuneration and social security | 454/9 | €5,903 | €2,525 | -€3,378 | -57.2% |
| Other amounts payable | 47/48 | €70,014 | €52,950 | -€17,063 | -24.4% |
| Accrued charges and deferred income | 492/3 | €16,560 | €32,374 | +€15,814 | +95.5% |
| Non-recurring operating income | 76A | €222 | - | -€222 | |
| Remuneration, social security and pensions | 62 | €33,474 | €29,602 | -€3,872 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,627 | €51,877 | +€4,250 | +8.9% |
| Other operating charges | 640/8 | €15,800 | €14,613 | -€1,187 | -7.5% |
| Non-recurring operating charges | 66A | - | €9,232 | +€9,232 | |
| Gross operating margin | 9900 | €120,261 | €138,521 | +€18,260 | +15.2% |
| Operating profit (loss) | 9901 | €23,360 | €33,197 | +€9,837 | +42.1% |
| Financial income | 75/76B | €144 | €160 | +€16 | +11.2% |
| Recurring financial income | 75 | €144 | €160 | +€16 | +11.2% |
| Financial charges | 65/66B | €6,861 | €6,896 | +€35 | +0.5% |
| Recurring financial charges | 65 | €6,861 | €6,896 | +€35 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €16,643 | €26,461 | +€9,818 | +59.0% |
| Income taxes | 67/77 | €4,021 | €5,038 | +€1,017 | +25.3% |
| Profit (loss) for the period | 9904 | €12,622 | €21,423 | +€8,801 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,622 | €21,423 | +€8,801 | +69.7% |
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 21 October 2026 via checked.be.