Sugarloaf: 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.
Sugarloaf
Largest movements
- Current investments -€65,808
down €65,808 (-42.2%), from €155,807 to €89,999
- Tangible fixed assets +€44,665
up €44,665 (+734%), from €6,084 to €50,749
of which Furniture and vehicles: +€43,786
- Cash +€27,404
up €27,404 (+140%), from €19,557 to €46,961
mainly Current investments (+€65,808) and Depreciation (+€14,092)
- Receivables within one year +€3,294
up €3,294 (+9.5%), from €34,608 to €37,902
of which Other amounts receivable: +€7,191
- Other debts +€13,773
up €13,773 (+17.5%), from €78,651 to €92,424
- Profit (loss) carried forward +€11,619
up €11,619 (+438%), from €2,655 to €14,274
- Tax, wage and social debts -€10,782
down €10,782 (-74.7%), from €14,431 to €3,649
- Accrued charges and deferred income -€4,677
down €4,677 (-65.4%), from €7,148 to €2,471
- Gross operating margin -€60,625
down €60,625 (-73.8%), from €82,175 to €21,550
- Taxes -€18,143
down €18,143 (-91.5%), from €19,831 to €1,688
- Depreciation +€6,859
up €6,859 (+94.8%), from €7,233 to €14,092
- Financial charges -€3,113
down €3,113 (-104%), from -€3,006 to -€6,119
- Other operating charges -€1,596
down €1,596 (-51.9%), from €3,075 to €1,479
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,526 | €226,639 | +€10,113 | +4.7% |
| Fixed assets | 21/28 | €6,084 | €50,749 | +€44,665 | +734% |
| Tangible fixed assets | 22/27 | €6,084 | €50,749 | +€44,665 | +734% |
| Plant, machinery and equipment | 23 | - | €1,380 | +€1,380 | |
| Furniture and vehicles | 24 | €4,653 | €48,439 | +€43,786 | +941% |
| Other tangible fixed assets | 26 | €1,431 | €930 | -€501 | -35.0% |
| Current assets | 29/58 | €210,442 | €175,890 | -€34,552 | -16.4% |
| Amounts receivable within one year | 40/41 | €34,608 | €37,902 | +€3,294 | +9.5% |
| Trade receivables | 40 | €16,787 | €12,890 | -€3,897 | -23.2% |
| Other amounts receivable | 41 | €17,821 | €25,012 | +€7,191 | +40.4% |
| Current investments | 50/53 | €155,807 | €89,999 | -€65,808 | -42.2% |
| Cash at bank and in hand | 54/58 | €19,557 | €46,961 | +€27,404 | +140% |
| Deferred charges and accrued income | 490/1 | €470 | €1,028 | +€558 | +119% |
| Total equity and liabilities | 10/49 | €216,526 | €226,639 | +€10,113 | +4.7% |
| Equity | 10/15 | €114,655 | €126,274 | +€11,619 | +10.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €92,000 | €92,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,655 | €14,274 | +€11,619 | +438% |
| Amounts payable | 17/49 | €101,871 | €100,365 | -€1,506 | -1.5% |
| Amounts payable within one year | 42/48 | €94,723 | €97,894 | +€3,171 | +3.3% |
| Trade debts | 44 | €1,641 | €1,821 | +€180 | +11.0% |
| Suppliers | 440/4 | €1,641 | €1,821 | +€180 | +11.0% |
| Taxes, remuneration and social security | 45 | €14,431 | €3,649 | -€10,782 | -74.7% |
| Taxes | 450/3 | €14,431 | €3,649 | -€10,782 | -74.7% |
| Other amounts payable | 47/48 | €78,651 | €92,424 | +€13,773 | +17.5% |
| Accrued charges and deferred income | 492/3 | €7,148 | €2,471 | -€4,677 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,233 | €14,092 | +€6,859 | +94.8% |
| Other operating charges | 640/8 | €3,075 | €1,479 | -€1,596 | -51.9% |
| Gross operating margin | 9900 | €82,175 | €21,550 | -€60,625 | -73.8% |
| Operating profit (loss) | 9901 | €71,867 | €5,979 | -€65,888 | -91.7% |
| Financial income | 75/76B | €1,913 | €1,209 | -€704 | -36.8% |
| Recurring financial income | 75 | €1,913 | €1,209 | -€704 | -36.8% |
| Financial charges | 65/66B | -€3,006 | -€6,119 | -€3,113 | -104% |
| Recurring financial charges | 65 | -€3,006 | -€6,119 | -€3,113 | -104% |
| Profit (loss) for the period before taxes | 9903 | €76,786 | €13,307 | -€63,479 | -82.7% |
| Income taxes | 67/77 | €19,831 | €1,688 | -€18,143 | -91.5% |
| Profit (loss) for the period | 9904 | €56,955 | €11,619 | -€45,336 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,955 | €11,619 | -€45,336 | -79.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.