Sukhino: 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
Sukhino
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€190,124
2024 · €233,076-€42,952
Equity
€295.8m
2024 · €249.1m+€46.7m
Cash
€7.1m
2024 · -+€7.1m
Balance sheet total
€295.9m
2024 · €251.1m+€44.8m
Largest movements
Assets
- Financial fixed assets +€37.6m
up €37.6m (+15.0%), from €250.9m to €288.5m
of which Affiliated companies: +€36.0m
- Cash +€7.1m
new in 2025: €7.1m
mainly Contributions, distributions and other (+€46.5m) and Net result for the year (+€190,124)
Equity and liabilities
- Contributions +€46.5m
up €46.5m (+18.7%), from €248.9m to €295.4m
Income statement
No income-statement line moved by more than 1% of the activity.
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
€233,076
Other operating items
-€19,772
Financial income
+€17,380
Financial charges
-€43,659
Taxes
+€3,100
Result 2025
€190,124
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
+€155,296
Investment
-€37.6m
Financing
+€44.5m
Cash 2024
€0
From operations (derived)
+€155,296
Net result for the year
+€190,124
Receivables within one year
-€264,002
Deferred charges and accrued income
+€172,217
Smaller working-capital items
+€56,957
Investment (derived)
-€37.6m
Investment in fixed assets (net)
-€37.6m
Financing
+€44.5m
Short-term financial debts
-€2.0m
Contributions, distributions and other
+€46.5m
Cash 2025
€7.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,104,850 | €295,890,915 | +€44.8m | +17.8% |
| Fixed assets | 21/28 | €250,906,819 | €288,515,599 | +€37.6m | +15.0% |
| Tangible fixed assets | 22/27 | €25,786 | - | -€25,786 | |
| Assets under construction and advance payments | 27 | €25,786 | - | -€25,786 | |
| Financial fixed assets | 28 | €250,881,033 | €288,515,599 | +€37.6m | +15.0% |
| Affiliated companies | 280/1 | €248,729,853 | €284,729,853 | +€36.0m | +14.5% |
| Participating interests | 280 | €238,229,853 | €284,729,853 | +€46.5m | +19.5% |
| Amounts receivable | 281 | €10,500,000 | - | -€10.5m | |
| Companies linked by participating interests | 282/3 | €2,151,180 | €3,785,746 | +€1.6m | +76.0% |
| Participating interests | 282 | €1,533,127 | €3,785,746 | +€2.3m | +147% |
| Amounts receivable | 283 | €618,053 | - | -€618,053 | |
| Current assets | 29/58 | €198,032 | €7,375,317 | +€7.2m | +3,624% |
| Amounts receivable within one year | 40/41 | - | €264,002 | +€264,002 | |
| Trade receivables | 40 | - | €264,002 | +€264,002 | |
| Cash at bank and in hand | 54/58 | - | €7,085,500 | +€7.1m | |
| Deferred charges and accrued income | 490/1 | €198,032 | €25,815 | -€172,217 | -87.0% |
| Total equity and liabilities | 10/49 | €251,104,850 | €295,890,915 | +€44.8m | +17.8% |
| Equity | 10/15 | €249,129,066 | €295,819,190 | +€46.7m | +18.7% |
| Contributions | 10/11 | €248,900,500 | €295,400,500 | +€46.5m | +18.7% |
| Capital | 10 | €248,900,500 | €295,400,500 | +€46.5m | +18.7% |
| Issued capital | 100 | €248,900,500 | €295,400,500 | +€46.5m | +18.7% |
| Reserves | 13 | €11,428 | €20,934 | +€9,506 | +83.2% |
| Non-distributable reserves | 130/1 | €11,428 | €20,934 | +€9,506 | +83.2% |
| Legal reserve | 130 | €11,428 | €20,934 | +€9,506 | +83.2% |
| Profit (loss) carried forward | 14 | €217,137 | €397,755 | +€180,618 | +83.2% |
| Amounts payable | 17/49 | €1,975,785 | €71,726 | -€1.9m | -96.4% |
| Amounts payable within one year | 42/48 | €1,975,785 | €71,726 | -€1.9m | -96.4% |
| Financial debts | 43 | €1,961,016 | - | -€2.0m | |
| Other loans | 439 | €1,961,016 | - | -€2.0m | |
| Trade debts | 44 | €3,580 | - | -€3,580 | |
| Suppliers | 440/4 | €3,580 | - | -€3,580 | |
| Taxes, remuneration and social security | 45 | €11,189 | €71,726 | +€60,537 | +541% |
| Taxes | 450/3 | €11,189 | €71,726 | +€60,537 | +541% |
| Operating charges | 60/66A | €9,752 | €29,525 | +€19,772 | +203% |
| Services and other goods | 61 | €9,752 | €29,525 | +€19,772 | +203% |
| Operating profit (loss) | 9901 | -€9,752 | -€29,525 | -€19,772 | -203% |
| Financial income | 75/76B | €371,329 | €388,709 | +€17,380 | +4.7% |
| Recurring financial income | 75 | €371,329 | €388,709 | +€17,380 | +4.7% |
| Income from financial fixed assets | 750 | €370,700 | €386,345 | +€15,645 | +4.2% |
| Income from current assets | 751 | €629 | €2,364 | +€1,735 | +276% |
| Financial charges | 65/66B | €52,313 | €95,971 | +€43,659 | +83.5% |
| Recurring financial charges | 65 | €52,313 | €95,971 | +€43,659 | +83.5% |
| Debt charges | 650 | €51,960 | €95,610 | +€43,650 | +84.0% |
| Other financial charges | 652/9 | €353 | €362 | +€9 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €309,264 | €263,213 | -€46,051 | -14.9% |
| Income taxes | 67/77 | €76,189 | €73,089 | -€3,100 | -4.1% |
| Taxes | 670/3 | €76,189 | €73,089 | -€3,100 | -4.1% |
| Profit (loss) for the period | 9904 | €233,076 | €190,124 | -€42,952 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €233,076 | €190,124 | -€42,952 | -18.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.