SUISSOBEL: 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.
SUISSOBEL
Largest movements
- Financial fixed assets +€110,000
new in 2025: €110,000
- Receivables within one year -€94,498
down €94,498 (-75.1%), from €125,822 to €31,324
of which Other amounts receivable: -€105,168
- Tangible fixed assets +€34,530
up €34,530 (+321.9%), from €10,728 to €45,258
of which Furniture and vehicles: +€35,382
- Cash +€7,182
up €7,182 (+20.6%), from €34,847 to €42,028
mainly Receivables within one year (+€94,498) and Net result for the year (+€32,758)
- Profit (loss) carried forward +€32,758
up €32,758 (+50.7%), from €64,589 to €97,347
- Debts after one year +€25,350
new in 2025: €25,350
- Tax, wage and social debts -€6,571
down €6,571 (-14.3%), from €46,112 to €39,541
of which Taxes: -€4,026
- Current portion of long-term debt +€6,150
new in 2025: €6,150
- Gross operating margin -€15,522
down €15,522 (-6.8%), from €228,953 to €213,431
- Depreciation +€4,103
up €4,103 (+97.0%), from €4,228 to €8,331
- Financial charges -€3,447
down €3,447 (-79.7%), from €4,324 to €876
- Taxes -€3,447
down €3,447 (-21.5%), from €15,999 to €12,552
- Staff costs +€3,180
up €3,180 (+2.0%), from €155,154 to €158,334
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 | €173,988 | €231,156 | +€57,168 | +32.9% |
| Fixed assets | 21/28 | €10,728 | €155,258 | +€144,530 | +1347.2% |
| Tangible fixed assets | 22/27 | €10,728 | €45,258 | +€34,530 | +321.9% |
| Land and buildings | 22 | €5,400 | €5,772 | +€372 | +6.9% |
| Plant, machinery and equipment | 23 | €2,686 | €1,461 | -€1,224 | -45.6% |
| Furniture and vehicles | 24 | €2,642 | €38,024 | +€35,382 | +1339.2% |
| Financial fixed assets | 28 | - | €110,000 | +€110,000 | |
| Current assets | 29/58 | €163,260 | €75,898 | -€87,362 | -53.5% |
| Stocks and contracts in progress | 3 | €1,320 | €2,546 | +€1,226 | +92.8% |
| Stocks | 30/36 | €1,320 | €2,546 | +€1,226 | +92.8% |
| Amounts receivable within one year | 40/41 | €125,822 | €31,324 | -€94,498 | -75.1% |
| Trade receivables | 40 | €6,637 | €17,306 | +€10,669 | +160.8% |
| Other amounts receivable | 41 | €119,185 | €14,018 | -€105,168 | -88.2% |
| Cash at bank and in hand | 54/58 | €34,847 | €42,028 | +€7,182 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,271 | - | -€1,271 | |
| Total equity and liabilities | 10/49 | €173,988 | €231,156 | +€57,168 | +32.9% |
| Equity | 10/15 | €126,563 | €159,320 | +€32,758 | +25.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,589 | €97,347 | +€32,758 | +50.7% |
| Amounts payable | 17/49 | €47,425 | €71,836 | +€24,410 | +51.5% |
| Amounts payable after more than one year | 17 | - | €25,350 | +€25,350 | |
| Financial debts | 170/4 | - | €25,350 | +€25,350 | |
| Amounts payable within one year | 42/48 | €47,425 | €46,486 | -€939 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,150 | +€6,150 | |
| Financial debts | 43 | €1,313 | €795 | -€518 | -39.5% |
| Credit institutions | 430/8 | €1,313 | €795 | -€518 | -39.5% |
| Taxes, remuneration and social security | 45 | €46,112 | €39,541 | -€6,571 | -14.3% |
| Taxes | 450/3 | €30,939 | €26,912 | -€4,026 | -13.0% |
| Remuneration and social security | 454/9 | €15,173 | €12,628 | -€2,545 | -16.8% |
| Remuneration, social security and pensions | 62 | €155,154 | €158,334 | +€3,180 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,228 | €8,331 | +€4,103 | +97.0% |
| Other operating charges | 640/8 | €387 | €582 | +€194 | +50.2% |
| Gross operating margin | 9900 | €228,953 | €213,431 | -€15,522 | -6.8% |
| Operating profit (loss) | 9901 | €69,183 | €46,183 | -€23,000 | -33.2% |
| Financial income | 75/76B | €9 | €3 | -€6 | -65.6% |
| Recurring financial income | 75 | €9 | €3 | -€6 | -65.6% |
| Financial charges | 65/66B | €4,324 | €876 | -€3,447 | -79.7% |
| Recurring financial charges | 65 | €4,324 | €876 | -€3,447 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €64,868 | €45,310 | -€19,558 | -30.2% |
| Income taxes | 67/77 | €15,999 | €12,552 | -€3,447 | -21.5% |
| Profit (loss) for the period | 9904 | €48,869 | €32,758 | -€16,111 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,869 | €32,758 | -€16,111 | -33.0% |
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.