SUKAPI: 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.
SUKAPI
Largest movements
- Stocks and contracts +€193,408
up €193,408 (+11.8%), from €1.6m to €1.8m
- Other debts +€452,795
up €452,795 (+619.7%), from €73,065 to €525,860
- Debts after one year -€264,025
down €264,025 (-11.4%), from €2.3m to €2.1m
of which Financial debts: -€261,900
- Gross operating margin +€42,200
up €42,200 (+56.3%), from €74,954 to €117,154
- Other operating charges -€13,950
down €13,950 (-95.9%), from €14,549 to €599
- Financial charges +€11,032
up €11,032 (+10.7%), from €103,320 to €114,352
- Depreciation +€3,202
up €3,202 (+11.7%), from €27,343 to €30,545
- Financial income -€1,694
no longer reported in 2025 (was €1,694)
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 | €3,061,216 | €3,222,644 | +€161,429 | +5.3% |
| Fixed assets | 21/28 | €1,335,582 | €1,305,036 | -€30,545 | -2.3% |
| Tangible fixed assets | 22/27 | €1,335,582 | €1,305,036 | -€30,545 | -2.3% |
| Land and buildings | 22 | €1,335,582 | €1,305,036 | -€30,545 | -2.3% |
| Current assets | 29/58 | €1,725,634 | €1,917,608 | +€191,974 | +11.1% |
| Stocks and contracts in progress | 3 | €1,645,149 | €1,838,556 | +€193,408 | +11.8% |
| Stocks | 30/36 | €1,645,149 | €1,838,556 | +€193,408 | +11.8% |
| Amounts receivable within one year | 40/41 | €73,280 | €63,055 | -€10,224 | -14.0% |
| Other amounts receivable | 41 | €73,280 | €63,055 | -€10,224 | -14.0% |
| Cash at bank and in hand | 54/58 | €604 | €12,591 | +€11,986 | +1983.2% |
| Deferred charges and accrued income | 490/1 | €6,601 | €3,406 | -€3,195 | -48.4% |
| Total equity and liabilities | 10/49 | €3,061,216 | €3,222,644 | +€161,429 | +5.3% |
| Equity | 10/15 | €464,751 | €443,083 | -€21,668 | -4.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €602,982 | €582,960 | -€20,021 | -3.3% |
| Non-distributable reserves | 130/1 | €19,923 | €19,923 | = | 0.0% |
| Legal reserve | 130 | €4,200 | €4,200 | = | 0.0% |
| Other | 1319 | €15,723 | €15,723 | = | 0.0% |
| Tax-exempt reserves | 132 | €583,059 | €563,038 | -€20,021 | -3.4% |
| Profit (loss) carried forward | 14 | -€200,231 | -€201,878 | -€1,647 | -0.8% |
| Provisions and deferred taxes | 16 | €194,353 | €187,679 | -€6,674 | -3.4% |
| Deferred taxes | 168 | €194,353 | €187,679 | -€6,674 | -3.4% |
| Amounts payable | 17/49 | €2,402,111 | €2,591,882 | +€189,771 | +7.9% |
| Amounts payable after more than one year | 17 | €2,320,125 | €2,056,100 | -€264,025 | -11.4% |
| Financial debts | 170/4 | €2,318,000 | €2,056,100 | -€261,900 | -11.3% |
| Other amounts payable | 178/9 | €2,125 | - | -€2,125 | |
| Amounts payable within one year | 42/48 | €80,466 | €534,250 | +€453,783 | +563.9% |
| Trade debts | 44 | €7,402 | €8,390 | +€988 | +13.3% |
| Suppliers | 440/4 | €7,402 | €8,390 | +€988 | +13.3% |
| Other amounts payable | 47/48 | €73,065 | €525,860 | +€452,795 | +619.7% |
| Accrued charges and deferred income | 492/3 | €1,520 | €1,533 | +€13 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,343 | €30,545 | +€3,202 | +11.7% |
| Other operating charges | 640/8 | €14,549 | €599 | -€13,950 | -95.9% |
| Gross operating margin | 9900 | €74,954 | €117,154 | +€42,200 | +56.3% |
| Operating profit (loss) | 9901 | €33,061 | €86,009 | +€52,948 | +160.2% |
| Financial income | 75/76B | €1,694 | - | -€1,694 | |
| Recurring financial income | 75 | €1,694 | - | -€1,694 | |
| Financial charges | 65/66B | €103,320 | €114,352 | +€11,032 | +10.7% |
| Recurring financial charges | 65 | €103,320 | €114,352 | +€11,032 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€68,565 | -€28,342 | +€40,222 | +58.7% |
| Transfer from deferred taxes | 780 | €6,202 | €6,674 | +€471 | +7.6% |
| Profit (loss) for the period | 9904 | -€62,362 | -€21,668 | +€40,694 | +65.3% |
| Transfer from tax-exempt reserves | 789 | €18,607 | €20,021 | +€1,414 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,755 | -€1,647 | +€42,108 | +96.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.