SUMALI: 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.
SUMALI
Largest movements
- Tangible fixed assets +€247,065
up €247,065 (+4042.4%), from €6,112 to €253,177
of which Land and buildings: +€223,585
- Cash -€44,851
down €44,851 (-36.5%), from €122,895 to €78,045
mainly Investment in fixed assets (net) (-€261,577) and Other debts (-€47,872)
- Receivables within one year +€27,951
up €27,951 (+208.1%), from €13,430 to €41,381
of which Trade receivables: +€39,421
- Deferred charges and accrued income -€4,567
no longer reported in 2025 (was €4,567)
- Debts after one year +€170,420
up €170,420 (+3679.1%), from €4,632 to €175,053
- Profit (loss) carried forward +€86,618
up €86,618 (+909.7%), from €9,522 to €96,139
- Other debts -€47,872
down €47,872 (-50.4%), from €95,000 to €47,128
- Trade debts +€19,327
up €19,327 (+1102.1%), from €1,754 to €21,081
- Tax, wage and social debts -€12,212
down €12,212 (-33.0%), from €36,985 to €24,773
- Gross operating margin +€61,077
up €61,077 (+55.6%), from €109,870 to €170,947
- Taxes +€14,944
up €14,944 (+59.7%), from €25,026 to €39,969
- Depreciation +€10,925
up €10,925 (+432.6%), from €2,525 to €13,450
- Financial charges +€3,589
up €3,589 (+216.3%), from €1,660 to €5,249
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 | €149,504 | €376,165 | +€226,661 | +151.6% |
| Fixed assets | 21/28 | €8,612 | €256,739 | +€248,127 | +2881.3% |
| Intangible fixed assets | 21 | - | €1,062 | +€1,062 | |
| Tangible fixed assets | 22/27 | €6,112 | €253,177 | +€247,065 | +4042.4% |
| Land and buildings | 22 | - | €223,585 | +€223,585 | |
| Furniture and vehicles | 24 | €6,112 | €29,592 | +€23,480 | +384.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €140,892 | €119,426 | -€21,466 | -15.2% |
| Amounts receivable within one year | 40/41 | €13,430 | €41,381 | +€27,951 | +208.1% |
| Trade receivables | 40 | €1,605 | €41,027 | +€39,421 | +2456.0% |
| Other amounts receivable | 41 | €11,825 | €355 | -€11,470 | -97.0% |
| Cash at bank and in hand | 54/58 | €122,895 | €78,045 | -€44,851 | -36.5% |
| Deferred charges and accrued income | 490/1 | €4,567 | - | -€4,567 | |
| Total equity and liabilities | 10/49 | €149,504 | €376,165 | +€226,661 | +151.6% |
| Equity | 10/15 | €9,523 | €96,140 | +€86,618 | +909.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,522 | €96,139 | +€86,618 | +909.7% |
| Amounts payable | 17/49 | €139,981 | €280,024 | +€140,043 | +100.0% |
| Amounts payable after more than one year | 17 | €4,632 | €175,053 | +€170,420 | +3679.1% |
| Financial debts | 170/4 | €4,632 | €175,053 | +€170,420 | +3679.1% |
| Amounts payable within one year | 42/48 | €135,349 | €104,572 | -€30,777 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €1,611 | €11,590 | +€9,980 | +619.6% |
| Trade debts | 44 | €1,754 | €21,081 | +€19,327 | +1102.1% |
| Suppliers | 440/4 | €1,754 | €21,081 | +€19,327 | +1102.1% |
| Taxes, remuneration and social security | 45 | €36,985 | €24,773 | -€12,212 | -33.0% |
| Taxes | 450/3 | €36,985 | €24,773 | -€12,212 | -33.0% |
| Other amounts payable | 47/48 | €95,000 | €47,128 | -€47,872 | -50.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,525 | €13,450 | +€10,925 | +432.6% |
| Other operating charges | 640/8 | €1,227 | €1,368 | +€141 | +11.5% |
| Gross operating margin | 9900 | €109,870 | €170,947 | +€61,077 | +55.6% |
| Operating profit (loss) | 9901 | €106,117 | €156,129 | +€50,011 | +47.1% |
| Financial income | 75/76B | €911 | €707 | -€204 | -22.3% |
| Recurring financial income | 75 | €911 | €707 | -€204 | -22.3% |
| Financial charges | 65/66B | €1,660 | €5,249 | +€3,589 | +216.3% |
| Recurring financial charges | 65 | €1,660 | €5,249 | +€3,589 | +216.3% |
| Profit (loss) for the period before taxes | 9903 | €105,369 | €151,587 | +€46,218 | +43.9% |
| Income taxes | 67/77 | €25,026 | €39,969 | +€14,944 | +59.7% |
| Profit (loss) for the period | 9904 | €80,343 | €111,618 | +€31,275 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,343 | €111,618 | +€31,275 | +38.9% |
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 12 October 2026 via checked.be.