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SUMA: 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.

What changed

SUMA

BE 0444.494.976
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€225,427
2024 · -€34,086+€259,513
Equity
€132,740
2024 · -€92,687+€225,427
Cash
€269,169
2024 · €1,347+€267,822
Balance sheet total
€477,610
2024 · €318,740+€158,870

Largest movements

2024 to 2025
Assets
  • Cash +€267,822

    up €267,822 (+19882.9%), from €1,347 to €269,169

    mainly Net result for the year (+€225,427) and Investment in fixed assets (net) (+€90,888)

  • Tangible fixed assets -€108,184

    down €108,184 (-34.6%), from €312,369 to €204,185

    of which Land and buildings: -€117,468

Equity and liabilities
  • Profit (loss) carried forward +€225,427

    up €225,427 (+31.6%), from -€713,687 to -€488,260

  • Other debts -€66,416

    down €66,416 (-16.3%), from €407,657 to €341,241

Income statement
  • Gross operating margin +€260,148

    up €260,148 (+58460.2%), from €445 to €260,593

  • Other operating charges +€7,146

    up €7,146 (+68.1%), from €10,490 to €17,636

  • Depreciation -€6,281

    down €6,281 (-26.6%), from €23,577 to €17,296

From the 2024 result to the 2025 result

effect on the 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 -€34,086
Gross operating margin +€260,148
Depreciation +€6,281
Other operating charges -€7,146
Taxes +€230
Result 2025 €225,427

Cash bridge derived

cash 2024 to 2025

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 +€176,934
Investment +€90,888
Financing €0
Cash 2024 €1,347
Net result for the year +€225,427
Depreciation +€17,296
Receivables within one year +€663
Smaller working-capital items +€286
Trade debts -€2,889
Other debts -€66,416
Accrued charges and deferred income +€2,567
Investment in fixed assets (net) +€90,888
Cash 2025 €269,169
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €318,740 €477,610 +€158,870 +49.8%
Fixed assets 21/28 €312,369 €204,185 -€108,184 -34.6%
Tangible fixed assets 22/27 €312,369 €204,185 -€108,184 -34.6%
Land and buildings 22 €312,369 €194,901 -€117,468 -37.6%
Furniture and vehicles 24 - €9,284 +€9,284
Current assets 29/58 €6,371 €273,425 +€267,054 +4191.7%
Amounts receivable within one year 40/41 €4,222 €3,559 -€663 -15.7%
Trade receivables 40 €4,222 €3,559 -€663 -15.7%
Cash at bank and in hand 54/58 €1,347 €269,169 +€267,822 +19882.9%
Deferred charges and accrued income 490/1 €802 €697 -€105 -13.1%
Total equity and liabilities 10/49 €318,740 €477,610 +€158,870 +49.8%
Equity 10/15 -€92,687 €132,740 +€225,427
Contributions 10/11 €621,000 €621,000 = 0.0%
Capital 10 €621,000 €621,000 = 0.0%
Issued capital 100 €621,000 €621,000 = 0.0%
Profit (loss) carried forward 14 -€713,687 -€488,260 +€225,427 +31.6%
Amounts payable 17/49 €411,427 €344,870 -€66,557 -16.2%
Amounts payable within one year 42/48 €410,755 €341,631 -€69,124 -16.8%
Trade debts 44 €2,894 €5 -€2,889 -99.8%
Suppliers 440/4 €2,894 €5 -€2,889 -99.8%
Taxes, remuneration and social security 45 €204 €385 +€181 +88.7%
Taxes 450/3 €204 €385 +€181 +88.7%
Other amounts payable 47/48 €407,657 €341,241 -€66,416 -16.3%
Accrued charges and deferred income 492/3 €672 €3,239 +€2,567 +382.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,577 €17,296 -€6,281 -26.6%
Other operating charges 640/8 €10,490 €17,636 +€7,146 +68.1%
Gross operating margin 9900 €445 €260,593 +€260,148 +58460.2%
Operating profit (loss) 9901 -€33,622 €225,661 +€259,283
Financial charges 65/66B €53 €53 = 0.0%
Recurring financial charges 65 €53 €53 = 0.0%
Profit (loss) for the period before taxes 9903 -€33,675 €225,608 +€259,283
Income taxes 67/77 €411 €181 -€230 -56.0%
Profit (loss) for the period 9904 -€34,086 €225,427 +€259,513
Profit (loss) for the period to be appropriated 9905 -€34,086 €225,427 +€259,513

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.