SULA & CHRIST: 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.
SULA & CHRIST
Largest movements
- Cash +€9,687
up €9,687 (+8.1%), from €118,953 to €128,640
mainly Net result for the year (+€8,768) and Other debts (+€8,058)
- Tangible fixed assets -€2,667
down €2,667 (-45.5%), from €5,860 to €3,193
- Tax, wage and social debts -€10,067
down €10,067 (-27.2%), from €37,012 to €26,945
of which Remuneration and social security: -€10,067
- Profit (loss) carried forward +€8,768
up €8,768 (+67,443%), from €13 to €8,781
- Other debts +€8,058
up €8,058 (+78.6%), from €10,250 to €18,308
- Gross operating margin -€93,565
down €93,565 (-88.3%), from €105,905 to €12,340
- Taxes -€26,186
no longer reported in 2024 (was €26,186)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,075 | €131,833 | +€6,758 | +5.4% |
| Fixed assets | 21/28 | €6,122 | €3,193 | -€2,929 | -47.8% |
| Intangible fixed assets | 21 | €262 | - | -€262 | |
| Tangible fixed assets | 22/27 | €5,860 | €3,193 | -€2,667 | -45.5% |
| Furniture and vehicles | 24 | €5,860 | €3,193 | -€2,667 | -45.5% |
| Current assets | 29/58 | €118,953 | €128,640 | +€9,687 | +8.1% |
| Cash at bank and in hand | 54/58 | €118,953 | €128,640 | +€9,687 | +8.1% |
| Total equity and liabilities | 10/49 | €125,075 | €131,833 | +€6,758 | +5.4% |
| Equity | 10/15 | €77,813 | €86,581 | +€8,768 | +11.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €75,800 | €75,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €75,600 | €75,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13 | €8,781 | +€8,768 | +67,443% |
| Amounts payable | 17/49 | €47,262 | €45,253 | -€2,009 | -4.3% |
| Amounts payable within one year | 42/48 | €47,262 | €45,253 | -€2,009 | -4.3% |
| Taxes, remuneration and social security | 45 | €37,012 | €26,945 | -€10,067 | -27.2% |
| Taxes | 450/3 | €26,945 | €26,945 | -€0 | 0.0% |
| Remuneration and social security | 454/9 | €10,067 | - | -€10,067 | |
| Other amounts payable | 47/48 | €10,250 | €18,308 | +€8,058 | +78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,452 | €2,929 | -€523 | -15.2% |
| Other operating charges | 640/8 | €445 | €528 | +€83 | +18.6% |
| Gross operating margin | 9900 | €105,905 | €12,340 | -€93,565 | -88.3% |
| Operating profit (loss) | 9901 | €102,008 | €8,884 | -€93,124 | -91.3% |
| Financial charges | 65/66B | €9 | €116 | +€107 | +1,185% |
| Recurring financial charges | 65 | €9 | €116 | +€107 | +1,185% |
| Profit (loss) for the period before taxes | 9903 | €101,999 | €8,768 | -€93,231 | -91.4% |
| Income taxes | 67/77 | €26,186 | - | -€26,186 | |
| Profit (loss) for the period | 9904 | €75,813 | €8,768 | -€67,045 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,813 | €8,768 | -€67,045 | -88.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.