SUIN: 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.
What changed
SUIN
NACE 01.461, Pig breeding farms
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€78,906
2024 · €759,432-€680,526
Equity
€6.3m
2024 · €6.2m+€78,906
Cash
€448,665
2024 · €1.4m-€984,604
Balance sheet total
€16.3m
2024 · €14.1m+€2.2m
Largest movements
Assets
- Tangible fixed assets +€5.2m
up €5.2m (+68.6%), from €7.6m to €12.7m
of which Land and buildings: +€4.4m
- Current investments -€1.2m
down €1.2m (-100%), from €1.2m to €0
- Cash -€984,604
down €984,604 (-68.7%), from €1.4m to €448,665
mainly Investment in fixed assets (net) (-€6.1m) and Provisions (-€86,932)
- Stocks and contracts -€418,027
down €418,027 (-14.4%), from €2.9m to €2.5m
- Receivables within one year -€416,512
down €416,512 (-60.2%), from €691,635 to €275,122
of which Trade receivables: -€434,802
Equity and liabilities
- Debts after one year +€2.0m
up €2.0m (+62.6%), from €3.1m to €5.1m
- Current portion of long-term debt +€266,667
up €266,667 (+93.8%), from €284,231 to €550,898
- Profit (loss) carried forward +€199,776
up €199,776 (+45.0%), from €444,405 to €644,181
Income statement
- Gross operating margin -€549,857
down €549,857 (-27.7%), from €2.0m to €1.4m
- Depreciation +€202,750
up €202,750 (+28.7%), from €706,132 to €908,881
- Taxes -€177,239
down €177,239 (-99.8%), from €177,642 to €404
- Staff costs +€56,782
up €56,782 (+33.7%), from €168,290 to €225,072
- Financial income -€53,197
down €53,197 (-80.3%), from €66,215 to €13,018
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.
Result 2024
€759,432
Gross operating margin
-€549,857
Staff costs
-€56,782
Depreciation
-€202,750
Other operating charges
-€7,771
Other operating items
-€9,895
Financial income
-€53,197
Financial charges
+€22,486
Taxes
+€177,239
Result 2025
€78,906
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€4.9m
Financing
+€2.2m
Cash 2024
€1.4m
From operations (derived)
+€1.7m
Net result for the year
+€78,906
Depreciation
+€908,881
Stocks and contracts
+€418,027
Receivables within one year
+€416,512
Smaller working-capital items
+€7,718
Provisions
-€86,932
Other debts
-€27,671
Investment (derived)
-€4.9m
Investment in fixed assets (net)
-€6.1m
Current investments
+€1.2m
Financing
+€2.2m
Debts after one year
+€2.0m
Current portion of long-term debt
+€266,667
Cash 2025
€448,665
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,122,532 | €16,323,906 | +€2.2m | +15.6% |
| Fixed assets | 21/28 | €7,712,290 | €12,926,914 | +€5.2m | +67.6% |
| Intangible fixed assets | 21 | €24,243 | €55,275 | +€31,031 | +128% |
| Tangible fixed assets | 22/27 | €7,554,174 | €12,737,766 | +€5.2m | +68.6% |
| Land and buildings | 22 | €6,968,379 | €11,321,839 | +€4.4m | +62.5% |
| Plant, machinery and equipment | 23 | €530,893 | €1,368,338 | +€837,445 | +158% |
| Furniture and vehicles | 24 | €54,902 | €47,590 | -€7,312 | -13.3% |
| Financial fixed assets | 28 | €133,872 | €133,872 | = | 0.0% |
| Current assets | 29/58 | €6,410,242 | €3,396,992 | -€3.0m | -47.0% |
| Amounts receivable after more than one year | 29 | €128,923 | €128,923 | = | 0.0% |
| Other amounts receivable | 291 | €128,923 | €128,923 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,909,721 | €2,491,694 | -€418,027 | -14.4% |
| Stocks | 30/36 | €2,909,721 | €2,491,694 | -€418,027 | -14.4% |
| Amounts receivable within one year | 40/41 | €691,635 | €275,122 | -€416,512 | -60.2% |
| Trade receivables | 40 | €679,993 | €245,191 | -€434,802 | -63.9% |
| Other amounts receivable | 41 | €11,642 | €29,932 | +€18,290 | +157% |
| Current investments | 50/53 | €1,200,000 | €0 | -€1.2m | -100% |
| Cash at bank and in hand | 54/58 | €1,433,269 | €448,665 | -€984,604 | -68.7% |
| Deferred charges and accrued income | 490/1 | €46,695 | €52,587 | +€5,893 | +12.6% |
| Total equity and liabilities | 10/49 | €14,122,532 | €16,323,906 | +€2.2m | +15.6% |
| Equity | 10/15 | €6,215,669 | €6,294,575 | +€78,906 | +1.3% |
| Reserves | 13 | €5,771,264 | €5,650,394 | -€120,870 | -2.1% |
| Non-distributable reserves | 130/1 | €208,560 | €208,560 | = | 0.0% |
| Reserves not available under the articles | 1311 | €208,560 | €208,560 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,836,347 | €2,715,477 | -€120,870 | -4.3% |
| Distributable reserves | 133 | €2,726,357 | €2,726,357 | = | 0.0% |
| Profit (loss) carried forward | 14 | €444,405 | €644,181 | +€199,776 | +45.0% |
| Provisions and deferred taxes | 16 | €3,891,213 | €3,804,281 | -€86,932 | -2.2% |
| Provisions for liabilities and charges | 160/5 | €3,488,313 | €3,441,671 | -€46,642 | -1.3% |
| Other liabilities and charges | 164/5 | €3,488,313 | €3,441,671 | -€46,642 | -1.3% |
| Deferred taxes | 168 | €402,900 | €362,610 | -€40,290 | -10.0% |
| Amounts payable | 17/49 | €4,015,651 | €6,225,050 | +€2.2m | +55.0% |
| Amounts payable after more than one year | 17 | €3,124,230 | €5,081,023 | +€2.0m | +62.6% |
| Financial debts | 170/4 | €3,124,230 | €5,081,023 | +€2.0m | +62.6% |
| Amounts payable within one year | 42/48 | €891,421 | €1,143,921 | +€252,500 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €284,231 | €550,898 | +€266,667 | +93.8% |
| Trade debts | 44 | €469,319 | €470,195 | +€876 | +0.2% |
| Suppliers | 440/4 | €469,319 | €470,195 | +€876 | +0.2% |
| Advances received on contracts in progress | 46 | €9,493 | €9,493 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €16,606 | €29,234 | +€12,629 | +76.0% |
| Taxes | 450/3 | €5,098 | €1,439 | -€3,658 | -71.8% |
| Remuneration and social security | 454/9 | €11,508 | €27,795 | +€16,287 | +142% |
| Other amounts payable | 47/48 | €111,772 | €84,101 | -€27,671 | -24.8% |
| Accrued charges and deferred income | 492/3 | - | €106 | +€106 | |
| Non-recurring operating income | 76A | €661 | €0 | -€661 | -100% |
| Remuneration, social security and pensions | 62 | €168,290 | €225,072 | +€56,782 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706,132 | €908,881 | +€202,750 | +28.7% |
| Other operating charges | 640/8 | €17,200 | €24,971 | +€7,771 | +45.2% |
| Non-recurring operating charges | 66A | - | €9,895 | +€9,895 | |
| Gross operating margin | 9900 | €1,988,503 | €1,438,646 | -€549,857 | -27.7% |
| Operating profit (loss) | 9901 | €1,096,881 | €269,826 | -€827,055 | -75.4% |
| Financial income | 75/76B | €66,215 | €13,018 | -€53,197 | -80.3% |
| Recurring financial income | 75 | €66,215 | €13,018 | -€53,197 | -80.3% |
| Financial charges | 65/66B | €266,311 | €243,825 | -€22,486 | -8.4% |
| Recurring financial charges | 65 | €266,311 | €243,825 | -€22,486 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €896,785 | €39,020 | -€857,765 | -95.6% |
| Transfer from deferred taxes | 780 | €40,290 | €40,290 | = | 0.0% |
| Income taxes | 67/77 | €177,642 | €404 | -€177,239 | -99.8% |
| Profit (loss) for the period | 9904 | €759,432 | €78,906 | -€680,526 | -89.6% |
| Transfer from tax-exempt reserves | 789 | €120,870 | €120,870 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €880,302 | €199,776 | -€680,526 | -77.3% |
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 14 October 2026 via checked.be.