SUKHMAN: 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.
SUKHMAN
Largest movements
- Stocks and contracts +€24,141
up €24,141 (+214%), from €11,269 to €35,410
- Tangible fixed assets -€9,607
down €9,607 (-61.6%), from €15,607 to €6,000
- Receivables within one year -€1,145
no longer reported in 2025 (was €1,145)
- Cash -€725
down €725 (-10.6%), from €6,838 to €6,113
mainly Stocks and contracts (-€24,141) and Trade debts (-€2,146)
- Tax, wage and social debts +€7,165
up €7,165 (+116%), from €6,194 to €13,359
of which Remuneration and social security: +€7,107
- Debts after one year +€5,401
new in 2025: €5,401
- Profit (loss) carried forward +€2,243
up €2,243 (+12.9%), from €17,393 to €19,635
- Trade debts -€2,146
down €2,146 (-42.3%), from €5,073 to €2,927
- Staff costs +€10,528
new in 2025: €10,528
- Gross operating margin +€8,347
up €8,347 (+74.9%), from €11,146 to €19,493
- Financial charges -€4,859
down €4,859, from €202 to -€4,657
- Depreciation +€918
up €918 (+10.6%), from €8,689 to €9,607
- Other operating charges +€478
up €478 (+65.1%), from €733 to €1,211
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,859 | €47,523 | +€12,663 | +36.3% |
| Fixed assets | 21/28 | €15,607 | €6,000 | -€9,607 | -61.6% |
| Tangible fixed assets | 22/27 | €15,607 | €6,000 | -€9,607 | -61.6% |
| Plant, machinery and equipment | 23 | €15,607 | €6,000 | -€9,607 | -61.6% |
| Current assets | 29/58 | €19,252 | €41,523 | +€22,271 | +116% |
| Stocks and contracts in progress | 3 | €11,269 | €35,410 | +€24,141 | +214% |
| Stocks | 30/36 | €11,269 | €35,410 | +€24,141 | +214% |
| Amounts receivable within one year | 40/41 | €1,145 | - | -€1,145 | |
| Other amounts receivable | 41 | €1,145 | - | -€1,145 | |
| Cash at bank and in hand | 54/58 | €6,838 | €6,113 | -€725 | -10.6% |
| Total equity and liabilities | 10/49 | €34,859 | €47,523 | +€12,663 | +36.3% |
| Equity | 10/15 | €23,593 | €25,835 | +€2,243 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,393 | €19,635 | +€2,243 | +12.9% |
| Amounts payable | 17/49 | €11,267 | €21,687 | +€10,420 | +92.5% |
| Amounts payable after more than one year | 17 | - | €5,401 | +€5,401 | |
| Financial debts | 170/4 | - | €5,401 | +€5,401 | |
| Amounts payable within one year | 42/48 | €11,267 | €16,286 | +€5,019 | +44.6% |
| Trade debts | 44 | €5,073 | €2,927 | -€2,146 | -42.3% |
| Suppliers | 440/4 | €5,073 | €2,927 | -€2,146 | -42.3% |
| Taxes, remuneration and social security | 45 | €6,194 | €13,359 | +€7,165 | +116% |
| Taxes | 450/3 | €6,194 | €6,252 | +€58 | +0.9% |
| Remuneration and social security | 454/9 | - | €7,107 | +€7,107 | |
| Remuneration, social security and pensions | 62 | - | €10,528 | +€10,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,689 | €9,607 | +€918 | +10.6% |
| Other operating charges | 640/8 | €733 | €1,211 | +€478 | +65.1% |
| Gross operating margin | 9900 | €11,146 | €19,493 | +€8,347 | +74.9% |
| Operating profit (loss) | 9901 | €1,723 | -€1,853 | -€3,577 | |
| Financial charges | 65/66B | €202 | -€4,657 | -€4,859 | |
| Recurring financial charges | 65 | €202 | -€4,657 | -€4,859 | |
| Profit (loss) for the period before taxes | 9903 | €1,521 | €2,804 | +€1,282 | +84.3% |
| Income taxes | 67/77 | €304 | €561 | +€256 | +84.3% |
| Profit (loss) for the period | 9904 | €1,217 | €2,243 | +€1,026 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,217 | €2,243 | +€1,026 | +84.3% |
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 13 October 2026 via checked.be.