SUMAL: 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.
SUMAL
Largest movements
- Cash -€13,655
down €13,655 (-52.3%), from €26,115 to €12,460
mainly Accrued charges and deferred income (-€19,596) and Tax, wage and social debts (-€7,462)
- Receivables within one year -€7,665
down €7,665 (-54.3%), from €14,114 to €6,449
- Stocks and contracts +€4,314
up €4,314 (+6.7%), from €63,950 to €68,264
- Tangible fixed assets -€1,764
down €1,764 (-11.6%), from €15,230 to €13,466
of which Furniture and vehicles: -€1,764
- Accrued charges and deferred income -€19,596
down €19,596 (-59.2%), from €33,085 to €13,489
- Trade debts +€9,945
up €9,945 (+162.3%), from €6,127 to €16,073
- Tax, wage and social debts -€7,462
down €7,462 (-47.4%), from €15,755 to €8,292
of which Taxes: -€11,082
- Profit (loss) carried forward -€1,648
down €1,648 (-13.0%), from €12,721 to €11,073
- Gross operating margin -€20,498
down €20,498 (-33.6%), from €60,951 to €40,453
- Taxes -€5,106
no longer reported in 2025 (was €5,106)
- Staff costs -€2,346
down €2,346 (-7.2%), from €32,395 to €30,049
- Financial charges +€1,262
up €1,262 (+23.5%), from €5,378 to €6,640
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 | €119,643 | €100,882 | -€18,762 | -15.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,230 | €13,466 | -€1,764 | -11.6% |
| Tangible fixed assets | 22/27 | €15,230 | €13,466 | -€1,764 | -11.6% |
| Land and buildings | 22 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €15,230 | €13,466 | -€1,764 | -11.6% |
| Current assets | 29/58 | €104,413 | €87,416 | -€16,998 | -16.3% |
| Stocks and contracts in progress | 3 | €63,950 | €68,264 | +€4,314 | +6.7% |
| Stocks | 30/36 | €63,950 | €68,264 | +€4,314 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,114 | €6,449 | -€7,665 | -54.3% |
| Other amounts receivable | 41 | €14,114 | €6,449 | -€7,665 | -54.3% |
| Cash at bank and in hand | 54/58 | €26,115 | €12,460 | -€13,655 | -52.3% |
| Deferred charges and accrued income | 490/1 | €234 | €243 | +€9 | +3.8% |
| Total equity and liabilities | 10/49 | €119,643 | €100,882 | -€18,762 | -15.7% |
| Equity | 10/15 | €64,676 | €63,028 | -€1,648 | -2.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €26,955 | €26,955 | = | 0.0% |
| Distributable reserves | 133 | €26,955 | €26,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,721 | €11,073 | -€1,648 | -13.0% |
| Amounts payable | 17/49 | €54,968 | €37,854 | -€17,113 | -31.1% |
| Amounts payable within one year | 42/48 | €21,882 | €24,365 | +€2,483 | +11.3% |
| Trade debts | 44 | €6,127 | €16,073 | +€9,945 | +162.3% |
| Suppliers | 440/4 | €6,127 | €16,073 | +€9,945 | +162.3% |
| Taxes, remuneration and social security | 45 | €15,755 | €8,292 | -€7,462 | -47.4% |
| Taxes | 450/3 | €11,082 | €0 | -€11,082 | -100.0% |
| Remuneration and social security | 454/9 | €4,673 | €8,292 | +€3,619 | +77.4% |
| Accrued charges and deferred income | 492/3 | €33,085 | €13,489 | -€19,596 | -59.2% |
| Remuneration, social security and pensions | 62 | €32,395 | €30,049 | -€2,346 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,040 | €4,394 | +€354 | +8.8% |
| Other operating charges | 640/8 | €1,311 | €1,018 | -€293 | -22.3% |
| Gross operating margin | 9900 | €60,951 | €40,453 | -€20,498 | -33.6% |
| Operating profit (loss) | 9901 | €23,205 | €4,992 | -€18,213 | -78.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,378 | €6,640 | +€1,262 | +23.5% |
| Recurring financial charges | 65 | €5,378 | €6,640 | +€1,262 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €17,827 | -€1,648 | -€19,476 | |
| Income taxes | 67/77 | €5,106 | - | -€5,106 | |
| Profit (loss) for the period | 9904 | €12,721 | -€1,648 | -€14,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,721 | -€1,648 | -€14,369 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.