SUKHMANDEEP: 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.
SUKHMANDEEP
Largest movements
- Tangible fixed assets +€31,200
new in 2025: €31,200
- Receivables within one year +€8,042
up €8,042 (+22.2%), from €36,204 to €44,246
- Cash +€1,689
up €1,689 (+3.5%), from €48,446 to €50,135
mainly Net result for the year (+€29,639) and Contributions, distributions and other (+€10,000)
- Profit (loss) carried forward +€29,639
up €29,639 (+73.4%), from €40,366 to €70,005
- Contributions +€10,000
new in 2025: €10,000
- Debts after one year -€7,258
down €7,258 (-27.0%), from €26,839 to €19,581
- Tax, wage and social debts +€6,701
up €6,701 (+102.3%), from €6,551 to €13,252
of which Taxes: +€3,827
- Trade debts +€1,663
up €1,663 (+20.5%), from €8,112 to €9,774
- Turnover +€89,249
up €89,249 (+33.9%), from €263,318 to €352,567
- Gross operating margin +€41,627
up €41,627 (+601.3%), from €6,923 to €48,550
- Purchases and services +€38,728
up €38,728 (+13.9%), from €278,192 to €316,920
- Taxes +€8,573
up €8,573 (+652.4%), from €1,314 to €9,888
- Depreciation +€3,883
new in 2025: €3,883
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 | €87,452 | €128,197 | +€40,745 | +46.6% |
| Fixed assets | 21/28 | - | €31,200 | +€31,200 | |
| Tangible fixed assets | 22/27 | - | €31,200 | +€31,200 | |
| Furniture and vehicles | 24 | - | €31,200 | +€31,200 | |
| Current assets | 29/58 | €87,452 | €96,997 | +€9,545 | +10.9% |
| Stocks and contracts in progress | 3 | €2,802 | €1,805 | -€997 | -35.6% |
| Stocks | 30/36 | €2,802 | €1,805 | -€997 | -35.6% |
| Amounts receivable within one year | 40/41 | €36,204 | €44,246 | +€8,042 | +22.2% |
| Other amounts receivable | 41 | €36,204 | €44,246 | +€8,042 | +22.2% |
| Cash at bank and in hand | 54/58 | €48,446 | €50,135 | +€1,689 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €811 | +€811 | |
| Total equity and liabilities | 10/49 | €87,452 | €128,197 | +€40,745 | +46.6% |
| Equity | 10/15 | €40,366 | €80,005 | +€39,639 | +98.2% |
| Contributions | 10/11 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €40,366 | €70,005 | +€29,639 | +73.4% |
| Amounts payable | 17/49 | €47,086 | €48,192 | +€1,106 | +2.3% |
| Amounts payable after more than one year | 17 | €26,839 | €19,581 | -€7,258 | -27.0% |
| Financial debts | 170/4 | €26,839 | €19,581 | -€7,258 | -27.0% |
| Amounts payable within one year | 42/48 | €20,247 | €28,611 | +€8,364 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €5,584 | €5,584 | = | 0.0% |
| Trade debts | 44 | €8,112 | €9,774 | +€1,663 | +20.5% |
| Suppliers | 440/4 | €8,112 | €9,774 | +€1,663 | +20.5% |
| Taxes, remuneration and social security | 45 | €6,551 | €13,252 | +€6,701 | +102.3% |
| Taxes | 450/3 | €6,551 | €10,378 | +€3,827 | +58.4% |
| Remuneration and social security | 454/9 | - | €2,874 | +€2,874 | |
| Turnover | 70 | €263,318 | €352,567 | +€89,249 | +33.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €278,192 | €316,920 | +€38,728 | +13.9% |
| Remuneration, social security and pensions | 62 | - | €3,081 | +€3,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,883 | +€3,883 | |
| Other operating charges | 640/8 | €2,031 | €1,909 | -€122 | -6.0% |
| Gross operating margin | 9900 | €6,923 | €48,550 | +€41,627 | +601.3% |
| Operating profit (loss) | 9901 | €4,892 | €39,677 | +€34,785 | +711.0% |
| Financial income | 75/76B | €2,047 | - | -€2,047 | |
| Recurring financial income | 75 | €2,047 | - | -€2,047 | |
| Financial charges | 65/66B | €368 | €150 | -€218 | -59.1% |
| Recurring financial charges | 65 | €368 | €150 | -€218 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €6,571 | €39,527 | +€32,956 | +501.6% |
| Income taxes | 67/77 | €1,314 | €9,888 | +€8,573 | +652.4% |
| Profit (loss) for the period | 9904 | €5,256 | €29,639 | +€24,383 | +463.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,256 | €29,639 | +€24,383 | +463.9% |
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.