SUM SUM: 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.
SUM SUM
Largest movements
- Cash -€51,229
down €51,229 (-76.5%), from €66,948 to €15,719
mainly Trade debts (-€42,731) and Deferred charges and accrued income (-€29,309)
- Deferred charges and accrued income +€29,309
new in 2025: €29,309
- Tangible fixed assets -€27,446
down €27,446 (-33.7%), from €81,548 to €54,102
- Intangible fixed assets -€8,500
down €8,500 (-10.7%), from €79,194 to €70,694
- Trade debts -€42,731
down €42,731 (-52.6%), from €81,245 to €38,514
- Other debts -€12,134
down €12,134 (-66.9%), from €18,134 to €6,000
- Debts after one year -€11,861
down €11,861 (-29.4%), from €40,356 to €28,495
- Current portion of long-term debt +€10,558
up €10,558 (+84.5%), from €12,499 to €23,057
- Tax, wage and social debts -€6,265
down €6,265 (-10.6%), from €59,302 to €53,037
of which Taxes: -€10,833
- Gross operating margin +€68,993
up €68,993 (+17.7%), from €388,794 to €457,786
- Staff costs +€63,261
up €63,261 (+18.9%), from €334,224 to €397,485
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 | €363,211 | €305,847 | -€57,364 | -15.8% |
| Fixed assets | 21/28 | €235,742 | €199,796 | -€35,946 | -15.2% |
| Intangible fixed assets | 21 | €79,194 | €70,694 | -€8,500 | -10.7% |
| Tangible fixed assets | 22/27 | €81,548 | €54,102 | -€27,446 | -33.7% |
| Land and buildings | 22 | €25,095 | €16,303 | -€8,792 | -35.0% |
| Plant, machinery and equipment | 23 | €33,184 | €20,458 | -€12,726 | -38.3% |
| Furniture and vehicles | 24 | €9,069 | €5,773 | -€3,296 | -36.3% |
| Other tangible fixed assets | 26 | €14,201 | €11,568 | -€2,633 | -18.5% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €127,469 | €106,051 | -€21,418 | -16.8% |
| Stocks and contracts in progress | 3 | €9,404 | €9,087 | -€317 | -3.4% |
| Stocks | 30/36 | €9,404 | €9,087 | -€317 | -3.4% |
| Amounts receivable within one year | 40/41 | €51,117 | €51,937 | +€820 | +1.6% |
| Trade receivables | 40 | €14,440 | €17,979 | +€3,539 | +24.5% |
| Other amounts receivable | 41 | €36,677 | €33,958 | -€2,720 | -7.4% |
| Cash at bank and in hand | 54/58 | €66,948 | €15,719 | -€51,229 | -76.5% |
| Deferred charges and accrued income | 490/1 | - | €29,309 | +€29,309 | |
| Total equity and liabilities | 10/49 | €363,211 | €305,847 | -€57,364 | -15.8% |
| Equity | 10/15 | €151,674 | €156,121 | +€4,447 | +2.9% |
| Contributions | 10/11 | €52,600 | €52,600 | = | 0.0% |
| Reserves | 13 | €89,275 | €89,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,011 | €1,011 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,011 | €1,011 | = | 0.0% |
| Distributable reserves | 133 | €88,265 | €88,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,799 | €14,246 | +€4,447 | +45.4% |
| Amounts payable | 17/49 | €211,537 | €149,726 | -€61,811 | -29.2% |
| Amounts payable after more than one year | 17 | €40,356 | €28,495 | -€11,861 | -29.4% |
| Financial debts | 170/4 | €40,356 | €28,495 | -€11,861 | -29.4% |
| Amounts payable within one year | 42/48 | €171,181 | €120,904 | -€50,277 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €12,499 | €23,057 | +€10,558 | +84.5% |
| Financial debts | 43 | - | €296 | +€296 | |
| Credit institutions | 430/8 | - | €296 | +€296 | |
| Trade debts | 44 | €81,245 | €38,514 | -€42,731 | -52.6% |
| Suppliers | 440/4 | €81,245 | €38,514 | -€42,731 | -52.6% |
| Taxes, remuneration and social security | 45 | €59,302 | €53,037 | -€6,265 | -10.6% |
| Taxes | 450/3 | €22,312 | €11,479 | -€10,833 | -48.6% |
| Remuneration and social security | 454/9 | €36,990 | €41,557 | +€4,568 | +12.3% |
| Other amounts payable | 47/48 | €18,134 | €6,000 | -€12,134 | -66.9% |
| Accrued charges and deferred income | 492/3 | - | €327 | +€327 | |
| Remuneration, social security and pensions | 62 | €334,224 | €397,485 | +€63,261 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,560 | €35,946 | +€1,386 | +4.0% |
| Other operating charges | 640/8 | €4,821 | €3,762 | -€1,060 | -22.0% |
| Non-recurring operating charges | 66A | - | €8,000 | +€8,000 | |
| Gross operating margin | 9900 | €388,794 | €457,786 | +€68,993 | +17.7% |
| Operating profit (loss) | 9901 | €15,188 | €12,593 | -€2,595 | -17.1% |
| Financial income | 75/76B | €1 | €10 | +€9 | +965.6% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +965.6% |
| Financial charges | 65/66B | €3,539 | €3,679 | +€140 | +3.9% |
| Recurring financial charges | 65 | €3,539 | €3,679 | +€140 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €11,650 | €8,924 | -€2,726 | -23.4% |
| Income taxes | 67/77 | €2,219 | €4,477 | +€2,258 | +101.8% |
| Profit (loss) for the period | 9904 | €9,431 | €4,447 | -€4,984 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,431 | €4,447 | -€4,984 | -52.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.