SUMARK: 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.
SUMARK
Largest movements
- Tangible fixed assets -€140,075
down €140,075 (-4.5%), from €3.1m to €3.0m
- Cash -€96,594
down €96,594 (-93.6%), from €103,248 to €6,654
mainly Debts after one year (-€155,332) and Other debts (-€76,504)
- Receivables within one year +€57,874
up €57,874 (+10.0%), from €579,969 to €637,843
of which Other amounts receivable: +€55,939
- Reserves +€344,908
up €344,908 (+66.9%), from €515,649 to €860,558
of which Distributable reserves: +€369,686
- Profit (loss) carried forward -€238,626
down €238,626 (-24.3%), from €981,606 to €742,979
- Debts after one year -€155,332
down €155,332 (-8.6%), from €1.8m to €1.7m
- Other debts -€76,504
down €76,504 (-69.5%), from €110,123 to €33,618
- Gross operating margin -€115,125
down €115,125 (-20.5%), from €561,249 to €446,124
- Financial income +€42,115
new in 2025: €42,115
- Depreciation +€26,061
up €26,061 (+14.6%), from €178,519 to €204,580
- Financial charges -€14,381
down €14,381 (-14.2%), from €101,046 to €86,665
- Provisions +€12,391
up €12,391 (+52.7%), from -€23,494 to -€11,103
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 | €4,478,518 | €4,299,681 | -€178,837 | -4.0% |
| Fixed assets | 21/28 | €3,772,723 | €3,632,648 | -€140,075 | -3.7% |
| Tangible fixed assets | 22/27 | €3,145,504 | €3,005,429 | -€140,075 | -4.5% |
| Land and buildings | 22 | €2,690,135 | €2,638,428 | -€51,708 | -1.9% |
| Plant, machinery and equipment | 23 | €135,949 | €115,064 | -€20,885 | -15.4% |
| Furniture and vehicles | 24 | €154,923 | €128,189 | -€26,733 | -17.3% |
| Leasing and similar rights | 25 | €103,635 | €69,090 | -€34,545 | -33.3% |
| Other tangible fixed assets | 26 | €60,862 | €54,658 | -€6,204 | -10.2% |
| Financial fixed assets | 28 | €627,219 | €627,219 | = | 0.0% |
| Current assets | 29/58 | €705,795 | €667,033 | -€38,761 | -5.5% |
| Amounts receivable within one year | 40/41 | €579,969 | €637,843 | +€57,874 | +10.0% |
| Trade receivables | 40 | €153,875 | €155,810 | +€1,935 | +1.3% |
| Other amounts receivable | 41 | €426,094 | €482,032 | +€55,939 | +13.1% |
| Cash at bank and in hand | 54/58 | €103,248 | €6,654 | -€96,594 | -93.6% |
| Deferred charges and accrued income | 490/1 | €22,577 | €22,537 | -€41 | -0.2% |
| Total equity and liabilities | 10/49 | €4,478,518 | €4,299,681 | -€178,837 | -4.0% |
| Equity | 10/15 | €2,017,831 | €2,124,113 | +€106,282 | +5.3% |
| Contributions | 10/11 | €520,576 | €520,576 | = | 0.0% |
| Capital | 10 | €520,576 | €520,576 | = | 0.0% |
| Issued capital | 100 | €520,576 | €520,576 | = | 0.0% |
| Reserves | 13 | €515,649 | €860,558 | +€344,908 | +66.9% |
| Non-distributable reserves | 130/1 | €52,058 | €52,058 | = | 0.0% |
| Legal reserve | 130 | €52,058 | €52,058 | = | 0.0% |
| Tax-exempt reserves | 132 | €284,247 | €259,469 | -€24,778 | -8.7% |
| Distributable reserves | 133 | €179,344 | €549,031 | +€369,686 | +206.1% |
| Profit (loss) carried forward | 14 | €981,606 | €742,979 | -€238,626 | -24.3% |
| Provisions and deferred taxes | 16 | €299,816 | €278,776 | -€21,040 | -7.0% |
| Provisions for liabilities and charges | 160/5 | €197,043 | €185,940 | -€11,103 | -5.6% |
| Other liabilities and charges | 164/5 | €197,043 | €185,940 | -€11,103 | -5.6% |
| Deferred taxes | 168 | €102,773 | €92,836 | -€9,937 | -9.7% |
| Amounts payable | 17/49 | €2,160,870 | €1,896,791 | -€264,078 | -12.2% |
| Amounts payable after more than one year | 17 | €1,812,837 | €1,657,506 | -€155,332 | -8.6% |
| Financial debts | 170/4 | €1,812,837 | €1,657,506 | -€155,332 | -8.6% |
| Amounts payable within one year | 42/48 | €348,032 | €239,286 | -€108,747 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €152,084 | €155,332 | +€3,248 | +2.1% |
| Trade debts | 44 | €30,302 | €31,375 | +€1,073 | +3.5% |
| Suppliers | 440/4 | €30,302 | €31,375 | +€1,073 | +3.5% |
| Taxes, remuneration and social security | 45 | €55,524 | €18,960 | -€36,564 | -65.9% |
| Taxes | 450/3 | €55,524 | €18,960 | -€36,564 | -65.9% |
| Other amounts payable | 47/48 | €110,123 | €33,618 | -€76,504 | -69.5% |
| Non-recurring operating income | 76A | €47,501 | - | -€47,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,519 | €204,580 | +€26,061 | +14.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€23,494 | -€11,103 | +€12,391 | +52.7% |
| Other operating charges | 640/8 | €27,027 | €21,573 | -€5,455 | -20.2% |
| Gross operating margin | 9900 | €561,249 | €446,124 | -€115,125 | -20.5% |
| Operating profit (loss) | 9901 | €379,196 | €231,074 | -€148,122 | -39.1% |
| Financial income | 75/76B | - | €42,115 | +€42,115 | |
| Recurring financial income | 75 | - | €42,115 | +€42,115 | |
| Financial charges | 65/66B | €101,046 | €86,665 | -€14,381 | -14.2% |
| Recurring financial charges | 65 | €101,046 | €86,665 | -€14,381 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €278,150 | €186,524 | -€91,626 | -32.9% |
| Transfer from deferred taxes | 780 | - | €13,042 | +€13,042 | |
| Income taxes | 67/77 | €42,943 | €52,414 | +€9,471 | +22.1% |
| Profit (loss) for the period | 9904 | €235,206 | €147,152 | -€88,055 | -37.4% |
| Transfer from tax-exempt reserves | 789 | €3,420 | €9,701 | +€6,281 | +183.7% |
| Profit (loss) for the period to be appropriated | 9905 | €238,626 | €156,853 | -€81,773 | -34.3% |
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 11 October 2026 via checked.be.