SULY & FILS: 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.
SULY & FILS
Largest movements
- Cash +€33,404
up €33,404 (+54.3%), from €61,542 to €94,946
mainly Other debts (+€57,820) and Net result for the year (+€18,355)
- Deferred charges and accrued income -€6,370
down €6,370 (-19.3%), from €32,920 to €26,550
- Receivables within one year -€5,365
down €5,365 (-51.1%), from €10,493 to €5,128
of which Other amounts receivable: -€4,889
- Tangible fixed assets -€5,040
down €5,040 (-6.7%), from €74,886 to €69,846
of which Plant, machinery and equipment: -€3,625
- Other debts +€57,820
up €57,820 (+2,147%), from €2,693 to €60,512
- Reserves -€32,544
down €32,544 (-30.7%), from €106,135 to €73,591
of which Distributable reserves: -€32,544
- Tax, wage and social debts -€13,896
down €13,896 (-64.6%), from €21,523 to €7,626
of which Remuneration and social security: -€14,054
- Trade debts +€8,644
up €8,644 (+203%), from €4,263 to €12,907
- Staff costs -€10,025
down €10,025 (-34.7%), from €28,907 to €18,882
- Taxes +€4,157
up €4,157 (+72.3%), from €5,752 to €9,909
- Other operating charges +€1,669
up €1,669 (+38.7%), from €4,317 to €5,986
- Financial charges +€1,474
up €1,474 (+76.0%), from €1,941 to €3,415
- Gross operating margin +€1,230
up €1,230 (+2.0%), from €60,356 to €61,586
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 | €182,541 | €199,471 | +€16,930 | +9.3% |
| Fixed assets | 21/28 | €74,886 | €69,846 | -€5,040 | -6.7% |
| Tangible fixed assets | 22/27 | €74,886 | €69,846 | -€5,040 | -6.7% |
| Land and buildings | 22 | €7,220 | €6,980 | -€240 | -3.3% |
| Plant, machinery and equipment | 23 | €62,164 | €58,539 | -€3,625 | -5.8% |
| Furniture and vehicles | 24 | €5,024 | €4,089 | -€935 | -18.6% |
| Other tangible fixed assets | 26 | €479 | €240 | -€240 | -50.0% |
| Current assets | 29/58 | €107,655 | €129,624 | +€21,969 | +20.4% |
| Stocks and contracts in progress | 3 | €2,700 | €3,000 | +€300 | +11.1% |
| Stocks | 30/36 | €2,700 | €3,000 | +€300 | +11.1% |
| Amounts receivable within one year | 40/41 | €10,493 | €5,128 | -€5,365 | -51.1% |
| Trade receivables | 40 | €3,115 | €2,638 | -€477 | -15.3% |
| Other amounts receivable | 41 | €7,379 | €2,490 | -€4,889 | -66.3% |
| Cash at bank and in hand | 54/58 | €61,542 | €94,946 | +€33,404 | +54.3% |
| Deferred charges and accrued income | 490/1 | €32,920 | €26,550 | -€6,370 | -19.3% |
| Total equity and liabilities | 10/49 | €182,541 | €199,471 | +€16,930 | +9.3% |
| Equity | 10/15 | €152,631 | €118,425 | -€34,206 | -22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,135 | €73,591 | -€32,544 | -30.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,878 | €11,878 | = | 0.0% |
| Distributable reserves | 133 | €92,397 | €59,853 | -€32,544 | -35.2% |
| Profit (loss) carried forward | 14 | €27,896 | €26,235 | -€1,662 | -6.0% |
| Amounts payable | 17/49 | €29,910 | €81,045 | +€51,135 | +171% |
| Amounts payable within one year | 42/48 | €28,478 | €81,045 | +€52,567 | +185% |
| Trade debts | 44 | €4,263 | €12,907 | +€8,644 | +203% |
| Suppliers | 440/4 | €4,263 | €12,907 | +€8,644 | +203% |
| Taxes, remuneration and social security | 45 | €21,523 | €7,626 | -€13,896 | -64.6% |
| Taxes | 450/3 | €5,752 | €5,909 | +€157 | +2.7% |
| Remuneration and social security | 454/9 | €15,771 | €1,717 | -€14,054 | -89.1% |
| Other amounts payable | 47/48 | €2,693 | €60,512 | +€57,820 | +2,147% |
| Accrued charges and deferred income | 492/3 | €1,432 | €0 | -€1,432 | -100% |
| Non-recurring operating income | 76A | - | €1,310 | +€1,310 | |
| Remuneration, social security and pensions | 62 | €28,907 | €18,882 | -€10,025 | -34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,040 | €5,040 | = | 0.0% |
| Other operating charges | 640/8 | €4,317 | €5,986 | +€1,669 | +38.7% |
| Gross operating margin | 9900 | €60,356 | €61,586 | +€1,230 | +2.0% |
| Operating profit (loss) | 9901 | €22,093 | €31,679 | +€9,586 | +43.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,941 | €3,415 | +€1,474 | +76.0% |
| Recurring financial charges | 65 | €1,941 | €3,415 | +€1,474 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €20,152 | €28,264 | +€8,112 | +40.3% |
| Income taxes | 67/77 | €5,752 | €9,909 | +€4,157 | +72.3% |
| Profit (loss) for the period | 9904 | €14,400 | €18,355 | +€3,954 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,400 | €18,355 | +€3,954 | +27.5% |
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.