SULLIREST: 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.
SULLIREST
Largest movements
- Cash +€228,650
up €228,650 (+78.5%), from €291,229 to €519,879
mainly Net result for the year (+€285,747) and Trade debts (+€75,704)
- Current investments +€109,189
up €109,189 (+16.9%), from €645,531 to €754,720
- Receivables within one year -€32,361
down €32,361 (-10.7%), from €301,050 to €268,689
of which Other amounts receivable: -€41,568
- Stocks and contracts +€18,673
up €18,673 (+90.1%), from €20,736 to €39,409
- Reserves +€213,341
up €213,341 (+22.9%), from €931,152 to €1.1m
of which Distributable reserves: +€213,341
- Trade debts +€75,704
up €75,704 (+26.2%), from €289,318 to €365,022
- Tax, wage and social debts +€29,456
up €29,456 (+35.1%), from €83,840 to €113,296
of which Taxes: +€45,646
- Gross operating margin +€236,818
up €236,818 (+17.1%), from €1.4m to €1.6m
- Taxes +€69,185
up €69,185 (+97.0%), from €71,322 to €140,507
- Staff costs +€41,718
up €41,718 (+3.6%), from €1.2m to €1.2m
- Financial income -€27,694
down €27,694 (-45.6%), from €60,696 to €33,002
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 | €1,406,499 | €1,726,217 | +€319,718 | +22.7% |
| Fixed assets | 21/28 | €147,071 | €140,543 | -€6,528 | -4.4% |
| Tangible fixed assets | 22/27 | €75,049 | €68,513 | -€6,536 | -8.7% |
| Plant, machinery and equipment | 23 | €19,011 | €14,153 | -€4,858 | -25.6% |
| Furniture and vehicles | 24 | €56,038 | €54,360 | -€1,678 | -3.0% |
| Financial fixed assets | 28 | €72,022 | €72,030 | +€8 | 0.0% |
| Current assets | 29/58 | €1,259,429 | €1,585,675 | +€326,246 | +25.9% |
| Stocks and contracts in progress | 3 | €20,736 | €39,409 | +€18,673 | +90.1% |
| Stocks | 30/36 | €20,736 | €39,409 | +€18,673 | +90.1% |
| Amounts receivable within one year | 40/41 | €301,050 | €268,689 | -€32,361 | -10.7% |
| Trade receivables | 40 | €1,893 | €11,100 | +€9,207 | +486% |
| Other amounts receivable | 41 | €299,157 | €257,589 | -€41,568 | -13.9% |
| Current investments | 50/53 | €645,531 | €754,720 | +€109,189 | +16.9% |
| Cash at bank and in hand | 54/58 | €291,229 | €519,879 | +€228,650 | +78.5% |
| Deferred charges and accrued income | 490/1 | €883 | €2,978 | +€2,095 | +237% |
| Total equity and liabilities | 10/49 | €1,406,499 | €1,726,217 | +€319,718 | +22.7% |
| Equity | 10/15 | €962,152 | €1,175,493 | +€213,341 | +22.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €931,152 | €1,144,493 | +€213,341 | +22.9% |
| Non-distributable reserves | 130/1 | €16,600 | €16,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,600 | €16,600 | = | 0.0% |
| Distributable reserves | 133 | €914,552 | €1,127,893 | +€213,341 | +23.3% |
| Amounts payable | 17/49 | €444,347 | €550,724 | +€106,377 | +23.9% |
| Amounts payable within one year | 42/48 | €444,347 | €550,724 | +€106,377 | +23.9% |
| Trade debts | 44 | €289,318 | €365,022 | +€75,704 | +26.2% |
| Suppliers | 440/4 | €289,318 | €365,022 | +€75,704 | +26.2% |
| Taxes, remuneration and social security | 45 | €83,840 | €113,296 | +€29,456 | +35.1% |
| Taxes | 450/3 | €11 | €45,657 | +€45,646 | +428,198% |
| Remuneration and social security | 454/9 | €83,829 | €67,639 | -€16,190 | -19.3% |
| Other amounts payable | 47/48 | €71,190 | €72,406 | +€1,216 | +1.7% |
| Remuneration, social security and pensions | 62 | €1,167,972 | €1,209,690 | +€41,718 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,246 | €6,536 | +€2,290 | +53.9% |
| Other operating charges | 640/8 | €4,759 | €3,729 | -€1,031 | -21.7% |
| Gross operating margin | 9900 | €1,387,163 | €1,623,980 | +€236,818 | +17.1% |
| Operating profit (loss) | 9901 | €210,185 | €404,025 | +€193,841 | +92.2% |
| Financial income | 75/76B | €60,696 | €33,002 | -€27,694 | -45.6% |
| Recurring financial income | 75 | €60,696 | €33,002 | -€27,694 | -45.6% |
| Financial charges | 65/66B | €20,631 | €10,774 | -€9,857 | -47.8% |
| Recurring financial charges | 65 | €20,631 | €10,774 | -€9,857 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €250,250 | €426,254 | +€176,004 | +70.3% |
| Income taxes | 67/77 | €71,322 | €140,507 | +€69,185 | +97.0% |
| Profit (loss) for the period | 9904 | €178,929 | €285,747 | +€106,818 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €178,929 | €285,747 | +€106,818 | +59.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.