SUGOI: 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.
SUGOI
Largest movements
- Cash -€13,062
down €13,062 (-37.5%), from €34,787 to €21,724
mainly Contributions, distributions and other (-€34,000) and Investment in fixed assets (net) (-€9,849)
- Tangible fixed assets +€6,169
up €6,169 (+85.0%), from €7,261 to €13,430
of which Other tangible fixed assets: +€7,450
- Receivables within one year +€4,159
up €4,159 (+9.4%), from €44,376 to €48,536
of which Trade receivables: +€8,837
- Deferred charges and accrued income +€3,469
up €3,469 (+132%), from €2,624 to €6,093
- Stocks and contracts -€2,450
no longer reported in 2025 (was €2,450)
- Profit (loss) carried forward -€29,225
down €29,225 (-36.4%), from €80,265 to €51,040
- Other debts +€18,040
new in 2025: €18,040
- Trade debts +€7,382
up €7,382 (+1,208%), from €611 to €7,993
- Tax, wage and social debts +€2,088
up €2,088 (+27.4%), from €7,622 to €9,710
- Gross operating margin -€18,416
down €18,416 (-59.4%), from €31,022 to €12,606
- Taxes -€2,988
down €2,988 (-49.6%), from €6,028 to €3,040
- Other operating charges +€1,109
new in 2025: €1,109
- Financial charges +€544
up €544 (+117%), from €466 to €1,010
- Financial income -€496
down €496 (-33.0%), from €1,502 to €1,007
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 | €91,498 | €89,783 | -€1,715 | -1.9% |
| Fixed assets | 21/28 | €7,261 | €13,430 | +€6,169 | +85.0% |
| Tangible fixed assets | 22/27 | €7,261 | €13,430 | +€6,169 | +85.0% |
| Furniture and vehicles | 24 | €7,261 | €5,980 | -€1,281 | -17.6% |
| Other tangible fixed assets | 26 | - | €7,450 | +€7,450 | |
| Current assets | 29/58 | €84,237 | €76,353 | -€7,884 | -9.4% |
| Stocks and contracts in progress | 3 | €2,450 | - | -€2,450 | |
| Stocks | 30/36 | €2,450 | - | -€2,450 | |
| Amounts receivable within one year | 40/41 | €44,376 | €48,536 | +€4,159 | +9.4% |
| Trade receivables | 40 | €16,010 | €24,847 | +€8,837 | +55.2% |
| Other amounts receivable | 41 | €28,367 | €23,689 | -€4,678 | -16.5% |
| Cash at bank and in hand | 54/58 | €34,787 | €21,724 | -€13,062 | -37.5% |
| Deferred charges and accrued income | 490/1 | €2,624 | €6,093 | +€3,469 | +132% |
| Total equity and liabilities | 10/49 | €91,498 | €89,783 | -€1,715 | -1.9% |
| Equity | 10/15 | €83,265 | €54,040 | -€29,225 | -35.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,265 | €51,040 | -€29,225 | -36.4% |
| Amounts payable | 17/49 | €8,233 | €35,743 | +€27,510 | +334% |
| Amounts payable within one year | 42/48 | €8,233 | €35,743 | +€27,510 | +334% |
| Trade debts | 44 | €611 | €7,993 | +€7,382 | +1,208% |
| Suppliers | 440/4 | €611 | €7,993 | +€7,382 | +1,208% |
| Taxes, remuneration and social security | 45 | €7,622 | €9,710 | +€2,088 | +27.4% |
| Taxes | 450/3 | €7,622 | €9,710 | +€2,088 | +27.4% |
| Other amounts payable | 47/48 | - | €18,040 | +€18,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,598 | €3,680 | +€82 | +2.3% |
| Other operating charges | 640/8 | - | €1,109 | +€1,109 | |
| Gross operating margin | 9900 | €31,022 | €12,606 | -€18,416 | -59.4% |
| Operating profit (loss) | 9901 | €27,424 | €7,818 | -€19,606 | -71.5% |
| Financial income | 75/76B | €1,502 | €1,007 | -€496 | -33.0% |
| Recurring financial income | 75 | €1,502 | €1,007 | -€496 | -33.0% |
| Financial charges | 65/66B | €466 | €1,010 | +€544 | +117% |
| Recurring financial charges | 65 | €466 | €1,010 | +€544 | +117% |
| Profit (loss) for the period before taxes | 9903 | €28,460 | €7,815 | -€20,645 | -72.5% |
| Income taxes | 67/77 | €6,028 | €3,040 | -€2,988 | -49.6% |
| Profit (loss) for the period | 9904 | €22,432 | €4,775 | -€17,657 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,432 | €4,775 | -€17,657 | -78.7% |
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 22 October 2026 via checked.be.