SUKHOTHAI: 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.
SUKHOTHAI
Largest movements
- Receivables within one year +€16,283
up €16,283 (+141.4%), from €11,513 to €27,796
of which Other amounts receivable: +€20,066
- Cash -€3,035
down €3,035 (-11.2%), from €27,132 to €24,097
mainly Receivables within one year (-€16,283) and Tax, wage and social debts (-€2,982)
- Tangible fixed assets +€627
up €627 (+105.5%), from €594 to €1,221
of which Plant, machinery and equipment: +€627
- Profit (loss) carried forward +€16,394
up €16,394 (+52.5%), from -€31,214 to -€14,821
- Tax, wage and social debts -€2,982
down €2,982 (-29.9%), from €9,965 to €6,983
of which Taxes: -€3,349
- Other debts -€1,459
down €1,459 (-43.5%), from €3,351 to €1,892
- Trade debts +€1,109
up €1,109 (+62.9%), from €1,763 to €2,872
- Accrued charges and deferred income +€930
new in 2025: €930
- Gross operating margin +€5,646
up €5,646 (+13.6%), from €41,366 to €47,012
- Staff costs +€1,600
up €1,600 (+6.0%), from €26,658 to €28,258
- Depreciation -€837
down €837 (-73.3%), from €1,142 to €306
- Financial charges +€702
up €702 (+76.7%), from €915 to €1,617
- Financial income +€556
up €556 (+5556900.0%), from €0 to €556
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 | €43,866 | €57,856 | +€13,990 | +31.9% |
| Fixed assets | 21/28 | €3,444 | €4,071 | +€627 | +18.2% |
| Tangible fixed assets | 22/27 | €594 | €1,221 | +€627 | +105.5% |
| Plant, machinery and equipment | 23 | €594 | €1,221 | +€627 | +105.5% |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €40,422 | €53,785 | +€13,363 | +33.1% |
| Amounts receivable within one year | 40/41 | €11,513 | €27,796 | +€16,283 | +141.4% |
| Trade receivables | 40 | €3,783 | - | -€3,783 | |
| Other amounts receivable | 41 | €7,730 | €27,796 | +€20,066 | +259.6% |
| Cash at bank and in hand | 54/58 | €27,132 | €24,097 | -€3,035 | -11.2% |
| Deferred charges and accrued income | 490/1 | €1,777 | €1,892 | +€115 | +6.5% |
| Total equity and liabilities | 10/49 | €43,866 | €57,856 | +€13,990 | +31.9% |
| Equity | 10/15 | -€1,214 | €15,179 | +€16,394 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,214 | -€14,821 | +€16,394 | +52.5% |
| Amounts payable | 17/49 | €45,080 | €42,676 | -€2,404 | -5.3% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,080 | €11,747 | -€3,333 | -22.1% |
| Trade debts | 44 | €1,763 | €2,872 | +€1,109 | +62.9% |
| Suppliers | 440/4 | €1,763 | €2,872 | +€1,109 | +62.9% |
| Taxes, remuneration and social security | 45 | €9,965 | €6,983 | -€2,982 | -29.9% |
| Taxes | 450/3 | €6,285 | €2,935 | -€3,349 | -53.3% |
| Remuneration and social security | 454/9 | €3,681 | €4,048 | +€367 | +10.0% |
| Other amounts payable | 47/48 | €3,351 | €1,892 | -€1,459 | -43.5% |
| Accrued charges and deferred income | 492/3 | - | €930 | +€930 | |
| Remuneration, social security and pensions | 62 | €26,658 | €28,258 | +€1,600 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,142 | €306 | -€837 | -73.3% |
| Other operating charges | 640/8 | €969 | €994 | +€25 | +2.6% |
| Gross operating margin | 9900 | €41,366 | €47,012 | +€5,646 | +13.6% |
| Operating profit (loss) | 9901 | €12,597 | €17,455 | +€4,858 | +38.6% |
| Financial income | 75/76B | €0 | €556 | +€556 | +5556900.0% |
| Recurring financial income | 75 | €0 | €556 | +€556 | +5556900.0% |
| Financial charges | 65/66B | €915 | €1,617 | +€702 | +76.7% |
| Recurring financial charges | 65 | €915 | €1,617 | +€702 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €11,682 | €16,394 | +€4,712 | +40.3% |
| Profit (loss) for the period | 9904 | €11,682 | €16,394 | +€4,712 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,682 | €16,394 | +€4,712 | +40.3% |
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 2 October 2026 via checked.be.