SUKO: 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
SUKO
NACE 46.842, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€909,263
2024 · €538,001+€371,262
Equity
€15.3m
2024 · €14.4m+€909,263
Cash
€1.1m
2024 · €7,239+€1.1m
Balance sheet total
€27.3m
2024 · €21.4m+€5.9m
Largest movements
Assets
- Receivables within one year +€4.7m
up €4.7m (+88.4%), from €5.3m to €9.9m
of which Trade receivables: +€4.7m
- Cash +€1.1m
up €1.1m (+14,572%), from €7,239 to €1.1m
mainly Other debts (+€4.5m) and Net result for the year (+€909,263)
Equity and liabilities
- Other debts +€4.5m
up €4.5m (+76.6%), from €5.9m to €10.4m
- Reserves +€1.8m
up €1.8m (+13.2%), from €13.4m to €15.2m
of which Distributable reserves: +€1.8m
- Profit (loss) carried forward -€866,748
down €866,748 (-100%), from €866,748 to €0
- Trade debts +€633,036
up €633,036 (+119%), from €533,000 to €1.2m
- Accrued charges and deferred income -€352,127
down €352,127 (-89.8%), from €392,295 to €40,168
Income statement
- Turnover +€35.8m
new in 2025: €35.8m
- Goods and materials +€32.4m
new in 2025: €32.4m
of which Purchases: +€32.0m
- Gross operating margin -€1.4m
no longer reported in 2025 (was €1.4m)
- Services and other goods +€1.3m
new in 2025: €1.3m
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
€538,001
Turnover
+€35.8m
Other operating income
+€6,284
Goods and materials
-€32.4m
Services and other goods
-€1.3m
Staff costs
+€116,790
Depreciation
-€5,567
Write-downs
-€295,989
Other operating charges
-€973
Other operating items
-€1.4m
Financial income
+€242,701
Financial charges
-€241,745
Taxes
-€119,935
Result 2025
€909,263
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
+€1.1m
Investment
-€24,702
Financing
-€50,750
Cash 2024
€7,239
From operations (derived)
+€1.1m
Net result for the year
+€909,263
Depreciation
+€92,996
Stocks and contracts
-€236,287
Receivables within one year
-€4.7m
Deferred charges and accrued income
+€289
Trade debts
+€633,036
Tax, wage and social debts
+€255,805
Other debts
+€4.5m
Accrued charges and deferred income
-€352,127
Investment (derived)
-€24,702
Investment in fixed assets (net)
-€24,702
Financing
-€50,750
Short-term financial debts
-€50,750
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,403,359 | €27,292,011 | +€5.9m | +27.5% |
| Fixed assets | 21/28 | €11,477,811 | €11,409,517 | -€68,294 | -0.6% |
| Intangible fixed assets | 21 | €202,202 | €168,370 | -€33,832 | -16.7% |
| Tangible fixed assets | 22/27 | €47,775 | €13,312 | -€34,463 | -72.1% |
| Plant, machinery and equipment | 23 | €38,667 | €6,812 | -€31,856 | -82.4% |
| Furniture and vehicles | 24 | €8,177 | €5,956 | -€2,221 | -27.2% |
| Other tangible fixed assets | 26 | €931 | €545 | -€386 | -41.5% |
| Financial fixed assets | 28 | €11,227,835 | €11,227,835 | = | 0.0% |
| Affiliated companies | 280/1 | - | €11,227,835 | +€11.2m | |
| Participating interests | 280 | - | €11,227,835 | +€11.2m | |
| Current assets | 29/58 | €9,925,548 | €15,882,494 | +€6.0m | +60.0% |
| Stocks and contracts in progress | 3 | €4,641,281 | €4,877,567 | +€236,287 | +5.1% |
| Stocks | 30/36 | €4,641,281 | €4,877,567 | +€236,287 | +5.1% |
| Goods purchased for resale | 34 | - | €3,890,449 | +€3.9m | |
| Advance payments | 36 | - | €987,118 | +€987,118 | |
| Amounts receivable within one year | 40/41 | €5,276,739 | €9,942,786 | +€4.7m | +88.4% |
| Trade receivables | 40 | €5,183,228 | €9,905,488 | +€4.7m | +91.1% |
| Other amounts receivable | 41 | €93,511 | €37,298 | -€56,213 | -60.1% |
| Cash at bank and in hand | 54/58 | €7,239 | €1,062,141 | +€1.1m | +14,572% |
| Deferred charges and accrued income | 490/1 | €289 | €0 | -€289 | -100% |
| Total equity and liabilities | 10/49 | €21,403,359 | €27,292,011 | +€5.9m | +27.5% |
| Equity | 10/15 | €14,360,434 | €15,269,697 | +€909,263 | +6.3% |
| Contributions | 10/11 | €65,892 | €65,892 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Contributions outside capital | 11 | €892 | €892 | = | 0.0% |
| Share premium | 1100/10 | €892 | €892 | = | 0.0% |
| Reserves | 13 | €13,427,794 | €15,203,804 | +€1.8m | +13.2% |
| Non-distributable reserves | 130/1 | €78,500 | €78,500 | = | 0.0% |
| Legal reserve | 130 | €78,500 | €78,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,014,269 | €4,014,269 | = | 0.0% |
| Distributable reserves | 133 | €9,335,025 | €11,111,035 | +€1.8m | +19.0% |
| Profit (loss) carried forward | 14 | €866,748 | €0 | -€866,748 | -100% |
| Amounts payable | 17/49 | €7,042,925 | €12,022,314 | +€5.0m | +70.7% |
| Amounts payable within one year | 42/48 | €6,650,630 | €11,982,146 | +€5.3m | +80.2% |
| Financial debts | 43 | €50,750 | €0 | -€50,750 | -100% |
| Credit institutions | 430/8 | €50,750 | €0 | -€50,750 | -100% |
| Trade debts | 44 | €533,000 | €1,166,037 | +€633,036 | +119% |
| Suppliers | 440/4 | €533,000 | €1,166,037 | +€633,036 | +119% |
| Taxes, remuneration and social security | 45 | €199,164 | €454,969 | +€255,805 | +128% |
| Taxes | 450/3 | €80,734 | €371,430 | +€290,696 | +360% |
| Remuneration and social security | 454/9 | €118,430 | €83,538 | -€34,892 | -29.5% |
| Other amounts payable | 47/48 | €5,867,715 | €10,361,141 | +€4.5m | +76.6% |
| Accrued charges and deferred income | 492/3 | €392,295 | €40,168 | -€352,127 | -89.8% |
| Operating income | 70/76A | - | €35,847,401 | +€35.8m | |
| Turnover | 70 | - | €35,841,117 | +€35.8m | |
| Other operating income | 74 | - | €6,284 | +€6,284 | |
| Non-recurring operating income | 76A | €440 | €0 | -€440 | -100% |
| Operating charges | 60/66A | - | €34,822,393 | +€34.8m | |
| Goods for resale, raw materials and consumables | 60 | - | €32,437,659 | +€32.4m | |
| Purchases | 600/8 | - | €31,984,081 | +€32.0m | |
| Change in stocks: decrease (increase) | 609 | - | €453,578 | +€453,578 | |
| Services and other goods | 61 | - | €1,345,459 | +€1.3m | |
| Remuneration, social security and pensions | 62 | €763,304 | €646,515 | -€116,790 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,429 | €92,996 | +€5,567 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,265 | €297,254 | +€295,989 | +23,397% |
| Other operating charges | 640/8 | €1,537 | €2,510 | +€973 | +63.3% |
| Gross operating margin | 9900 | €1,388,302 | - | -€1.4m | |
| Operating profit (loss) | 9901 | €534,767 | €1,025,008 | +€490,241 | +91.7% |
| Financial income | 75/76B | €424,566 | €667,266 | +€242,701 | +57.2% |
| Recurring financial income | 75 | €424,566 | €667,266 | +€242,701 | +57.2% |
| Other financial income | 752/9 | - | €667,266 | +€667,266 | |
| Financial charges | 65/66B | €235,391 | €477,136 | +€241,745 | +103% |
| Recurring financial charges | 65 | €235,391 | €477,136 | +€241,745 | +103% |
| Debt charges | 650 | - | €324,071 | +€324,071 | |
| Other financial charges | 652/9 | - | €153,065 | +€153,065 | |
| Profit (loss) for the period before taxes | 9903 | €723,941 | €1,215,138 | +€491,197 | +67.9% |
| Income taxes | 67/77 | €185,940 | €305,876 | +€119,935 | +64.5% |
| Taxes | 670/3 | - | €305,876 | +€305,876 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €538,001 | €909,263 | +€371,262 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €538,001 | €909,263 | +€371,262 | +69.0% |
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 21 October 2026 via checked.be.