SUMMADIS: 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.
SUMMADIS
Largest movements
- Tangible fixed assets -€16,781
down €16,781 (-9.1%), from €183,700 to €166,919
of which Furniture and vehicles: -€10,553
- Stocks and contracts -€5,242
no longer reported in 2024 (was €5,242)
- Profit (loss) carried forward -€36,688
down €36,688 (-43.9%), from -€83,614 to -€120,302
- Other debts +€9,770
up €9,770 (+15.2%), from €64,312 to €74,082
- Tax, wage and social debts +€3,265
up €3,265 (+1813.9%), from €180 to €3,445
- Gross operating margin -€9,398
down €9,398, from €2,914 to -€6,484
- Depreciation +€6,890
up €6,890 (+69.7%), from €9,891 to €16,781
- Other operating charges +€3,971
up €3,971 (+50.9%), from €7,800 to €11,771
- Financial charges +€587
up €587 (+58.5%), from €1,004 to €1,591
- Taxes -€166
down €166 (-49.7%), from €334 to €168
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,265 | €200,140 | -€22,125 | -10.0% |
| Fixed assets | 21/28 | €183,775 | €166,994 | -€16,781 | -9.1% |
| Tangible fixed assets | 22/27 | €183,700 | €166,919 | -€16,781 | -9.1% |
| Land and buildings | 22 | €131,040 | €125,312 | -€5,728 | -4.4% |
| Plant, machinery and equipment | 23 | €4,001 | €3,501 | -€500 | -12.5% |
| Furniture and vehicles | 24 | €48,659 | €38,106 | -€10,553 | -21.7% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €38,490 | €33,146 | -€5,344 | -13.9% |
| Stocks and contracts in progress | 3 | €5,242 | - | -€5,242 | |
| Stocks | 30/36 | €5,242 | - | -€5,242 | |
| Amounts receivable within one year | 40/41 | €31,803 | €31,592 | -€211 | -0.7% |
| Trade receivables | 40 | €19,838 | €20,570 | +€732 | +3.7% |
| Other amounts receivable | 41 | €11,965 | €11,022 | -€943 | -7.9% |
| Current investments | 50/53 | €581 | - | -€581 | |
| Cash at bank and in hand | 54/58 | - | €1,554 | +€1,554 | |
| Deferred charges and accrued income | 490/1 | €864 | - | -€864 | |
| Total equity and liabilities | 10/49 | €222,265 | €200,140 | -€22,125 | -10.0% |
| Equity | 10/15 | €67,358 | €30,670 | -€36,688 | -54.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €972 | €972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €972 | €972 | = | 0.0% |
| Other | 1319 | €972 | €972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,614 | -€120,302 | -€36,688 | -43.9% |
| Amounts payable | 17/49 | €154,907 | €169,470 | +€14,563 | +9.4% |
| Amounts payable after more than one year | 17 | €76,000 | €76,500 | +€500 | +0.7% |
| Financial debts | 170/4 | €76,000 | €76,500 | +€500 | +0.7% |
| Amounts payable within one year | 42/48 | €67,127 | €79,736 | +€12,609 | +18.8% |
| Trade debts | 44 | €2,110 | €1,684 | -€426 | -20.2% |
| Suppliers | 440/4 | €2,110 | €1,684 | -€426 | -20.2% |
| Advances received on contracts in progress | 46 | €525 | €525 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €180 | €3,445 | +€3,265 | +1813.9% |
| Taxes | 450/3 | €180 | €3,445 | +€3,265 | +1813.9% |
| Other amounts payable | 47/48 | €64,312 | €74,082 | +€9,770 | +15.2% |
| Accrued charges and deferred income | 492/3 | €11,780 | €13,234 | +€1,454 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,891 | €16,781 | +€6,890 | +69.7% |
| Other operating charges | 640/8 | €7,800 | €11,771 | +€3,971 | +50.9% |
| Gross operating margin | 9900 | €2,914 | -€6,484 | -€9,398 | |
| Operating profit (loss) | 9901 | -€14,777 | -€35,036 | -€20,259 | -137.1% |
| Financial income | 75/76B | €210 | €107 | -€103 | -49.0% |
| Recurring financial income | 75 | €210 | €107 | -€103 | -49.0% |
| Financial charges | 65/66B | €1,004 | €1,591 | +€587 | +58.5% |
| Recurring financial charges | 65 | €1,004 | €1,591 | +€587 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,571 | -€36,520 | -€20,949 | -134.5% |
| Income taxes | 67/77 | €334 | €168 | -€166 | -49.7% |
| Profit (loss) for the period | 9904 | -€15,905 | -€36,688 | -€20,783 | -130.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,905 | -€36,688 | -€20,783 | -130.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.