SUGAR K: 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.
SUGAR K
Largest movements
- Cash +€72,708
up €72,708 (+5984.4%), from €1,215 to €73,922
mainly Net result for the year (+€93,110) and Tax, wage and social debts (+€35,703)
- Tangible fixed assets +€44,000
new in 2025: €44,000
of which Plant, machinery and equipment: +€36,789
- Intangible fixed assets -€17,700
no longer reported in 2025 (was €17,700)
- Deferred charges and accrued income -€7,127
no longer reported in 2025 (was €7,127)
- Receivables within one year +€4,234
new in 2025: €4,234
- Profit (loss) carried forward +€93,110
up €93,110, from -€52,263 to €40,847
- Tax, wage and social debts +€35,703
up €35,703 (+229.1%), from €15,582 to €51,285
of which Remuneration and social security: +€24,475
- Other debts -€26,633
down €26,633 (-64.1%), from €41,525 to €14,892
- Accrued charges and deferred income -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€267,961
up €267,961 (+110.1%), from €243,317 to €511,278
- Staff costs +€80,565
up €80,565 (+65.7%), from €122,700 to €203,264
- Depreciation -€33,662
down €33,662 (-63.5%), from €53,000 to €19,338
- Taxes +€14,869
new in 2025: €14,869
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 | €26,041 | €122,156 | +€96,115 | +369.1% |
| Fixed assets | 21/28 | €17,700 | €44,000 | +€26,300 | +148.6% |
| Intangible fixed assets | 21 | €17,700 | - | -€17,700 | |
| Tangible fixed assets | 22/27 | - | €44,000 | +€44,000 | |
| Plant, machinery and equipment | 23 | - | €36,789 | +€36,789 | |
| Furniture and vehicles | 24 | - | €7,211 | +€7,211 | |
| Current assets | 29/58 | €8,341 | €78,157 | +€69,815 | +837.0% |
| Amounts receivable within one year | 40/41 | - | €4,234 | +€4,234 | |
| Other amounts receivable | 41 | - | €4,234 | +€4,234 | |
| Cash at bank and in hand | 54/58 | €1,215 | €73,922 | +€72,708 | +5984.4% |
| Deferred charges and accrued income | 490/1 | €7,127 | - | -€7,127 | |
| Total equity and liabilities | 10/49 | €26,041 | €122,156 | +€96,115 | +369.1% |
| Equity | 10/15 | -€50,763 | €42,347 | +€93,110 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,263 | €40,847 | +€93,110 | |
| Amounts payable | 17/49 | €76,804 | €79,810 | +€3,005 | +3.9% |
| Amounts payable within one year | 42/48 | €71,804 | €79,810 | +€8,005 | +11.1% |
| Trade debts | 44 | €14,697 | €13,633 | -€1,064 | -7.2% |
| Suppliers | 440/4 | €14,697 | €13,633 | -€1,064 | -7.2% |
| Taxes, remuneration and social security | 45 | €15,582 | €51,285 | +€35,703 | +229.1% |
| Taxes | 450/3 | €5,967 | €17,195 | +€11,228 | +188.2% |
| Remuneration and social security | 454/9 | €9,615 | €34,090 | +€24,475 | +254.6% |
| Other amounts payable | 47/48 | €41,525 | €14,892 | -€26,633 | -64.1% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €122,700 | €203,264 | +€80,565 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,000 | €19,338 | -€33,662 | -63.5% |
| Other operating charges | 640/8 | €124 | €5,000 | +€4,876 | +3932.3% |
| Non-recurring operating charges | 66A | €34,200 | €170,000 | +€135,800 | +397.1% |
| Gross operating margin | 9900 | €243,317 | €511,278 | +€267,961 | +110.1% |
| Operating profit (loss) | 9901 | €33,293 | €113,675 | +€80,383 | +241.4% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.9% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.9% |
| Financial charges | 65/66B | €2,676 | €5,697 | +€3,021 | +112.9% |
| Recurring financial charges | 65 | €2,676 | €5,697 | +€3,021 | +112.9% |
| Profit (loss) for the period before taxes | 9903 | €30,623 | €107,979 | +€77,356 | +252.6% |
| Income taxes | 67/77 | - | €14,869 | +€14,869 | |
| Profit (loss) for the period | 9904 | €30,623 | €93,110 | +€62,487 | +204.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,623 | €93,110 | +€62,487 | +204.1% |
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 10 October 2026 via checked.be.