SUGR: 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.
SUGR
Largest movements
- Cash -€19,095
down €19,095 (-54.9%), from €34,776 to €15,681
mainly Net result for the year (-€19,596) and Trade debts (-€1,570)
- Receivables within one year -€1,314
down €1,314 (-10.5%), from €12,530 to €11,216
of which Trade receivables: -€3,054
- Tangible fixed assets -€757
down €757 (-22.0%), from €3,440 to €2,683
of which Plant, machinery and equipment: -€690
- Profit (loss) carried forward -€19,596
down €19,596 (-56.8%), from €34,480 to €14,884
- Trade debts -€1,570
down €1,570 (-75.0%), from €2,093 to €523
- Gross operating margin -€21,939
down €21,939, from €3,924 to -€18,015
- Depreciation +€435
up €435 (+134.8%), from €322 to €757
- Taxes -€237
down €237 (-100.0%), from €237 to €0
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 | €51,331 | €30,165 | -€21,166 | -41.2% |
| Fixed assets | 21/28 | €4,025 | €3,268 | -€757 | -18.8% |
| Tangible fixed assets | 22/27 | €3,440 | €2,683 | -€757 | -22.0% |
| Plant, machinery and equipment | 23 | €3,373 | €2,683 | -€690 | -20.5% |
| Furniture and vehicles | 24 | €67 | €0 | -€67 | -100.0% |
| Financial fixed assets | 28 | €585 | €585 | = | 0.0% |
| Current assets | 29/58 | €47,306 | €26,897 | -€20,409 | -43.1% |
| Amounts receivable within one year | 40/41 | €12,530 | €11,216 | -€1,314 | -10.5% |
| Trade receivables | 40 | €4,350 | €1,296 | -€3,054 | -70.2% |
| Other amounts receivable | 41 | €8,180 | €9,921 | +€1,740 | +21.3% |
| Cash at bank and in hand | 54/58 | €34,776 | €15,681 | -€19,095 | -54.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €51,331 | €30,165 | -€21,166 | -41.2% |
| Equity | 10/15 | €48,740 | €29,144 | -€19,596 | -40.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,480 | €14,884 | -€19,596 | -56.8% |
| Amounts payable | 17/49 | €2,591 | €1,020 | -€1,570 | -60.6% |
| Amounts payable within one year | 42/48 | €2,591 | €1,020 | -€1,570 | -60.6% |
| Trade debts | 44 | €2,093 | €523 | -€1,570 | -75.0% |
| Suppliers | 440/4 | €2,093 | €523 | -€1,570 | -75.0% |
| Advances received on contracts in progress | 46 | €497 | €497 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322 | €757 | +€435 | +134.8% |
| Other operating charges | 640/8 | €620 | €651 | +€30 | +4.9% |
| Gross operating margin | 9900 | €3,924 | -€18,015 | -€21,939 | |
| Operating profit (loss) | 9901 | €2,981 | -€19,423 | -€22,404 | |
| Financial income | 75/76B | €89 | €158 | +€69 | +78.0% |
| Recurring financial income | 75 | €89 | €158 | +€69 | +78.0% |
| Financial charges | 65/66B | €380 | €330 | -€49 | -12.9% |
| Recurring financial charges | 65 | €380 | €330 | -€49 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €2,690 | -€19,596 | -€22,286 | |
| Income taxes | 67/77 | €237 | €0 | -€237 | -100.0% |
| Profit (loss) for the period | 9904 | €2,453 | -€19,596 | -€22,049 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,453 | -€19,596 | -€22,049 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.