SUMMERLAND: 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.
SUMMERLAND
Largest movements
- Tangible fixed assets -€1,664
down €1,664 (-45.3%), from €3,668 to €2,005
of which Plant, machinery and equipment: -€1,292
- Cash -€1,615
down €1,615 (-87.8%), from €1,839 to €224
mainly Net result for the year (-€3,048) and Debts after one year (-€1,300)
- Formation expenses -€345
down €345 (-43.2%), from €799 to €454
- Receivables within one year -€227
down €227 (-91.7%), from €247 to €20
- Profit (loss) carried forward -€3,048
down €3,048 (-39.5%), from -€7,723 to -€10,771
- Other debts +€1,616
up €1,616 (+17.5%), from €9,206 to €10,822
- Debts after one year -€1,300
no longer reported in 2025 (was €1,300)
- Current portion of long-term debt -€1,200
down €1,200 (-48.0%), from €2,499 to €1,300
- Gross operating margin +€5,489
up €5,489 (+94.8%), from -€5,791 to -€303
- Depreciation +€1,022
up €1,022 (+71.9%), from €1,421 to €2,443
- Financial charges -€211
down €211 (-40.7%), from €519 to €308
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 | €8,418 | €4,486 | -€3,932 | -46.7% |
| Formation expenses | 20 | €799 | €454 | -€345 | -43.2% |
| Fixed assets | 21/28 | €5,533 | €3,787 | -€1,746 | -31.6% |
| Intangible fixed assets | 21 | €1,865 | €1,782 | -€82 | -4.4% |
| Tangible fixed assets | 22/27 | €3,668 | €2,005 | -€1,664 | -45.3% |
| Plant, machinery and equipment | 23 | €2,972 | €1,681 | -€1,292 | -43.5% |
| Furniture and vehicles | 24 | €696 | €324 | -€372 | -53.4% |
| Current assets | 29/58 | €2,086 | €245 | -€1,841 | -88.3% |
| Amounts receivable within one year | 40/41 | €247 | €20 | -€227 | -91.7% |
| Other amounts receivable | 41 | €247 | €20 | -€227 | -91.7% |
| Cash at bank and in hand | 54/58 | €1,839 | €224 | -€1,615 | -87.8% |
| Total equity and liabilities | 10/49 | €8,418 | €4,486 | -€3,932 | -46.7% |
| Equity | 10/15 | -€5,223 | -€8,271 | -€3,048 | -58.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,723 | -€10,771 | -€3,048 | -39.5% |
| Amounts payable | 17/49 | €13,641 | €12,757 | -€884 | -6.5% |
| Amounts payable after more than one year | 17 | €1,300 | - | -€1,300 | |
| Financial debts | 170/4 | €1,300 | - | -€1,300 | |
| Amounts payable within one year | 42/48 | €12,341 | €12,757 | +€416 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €2,499 | €1,300 | -€1,200 | -48.0% |
| Trade debts | 44 | €635 | €635 | = | 0.0% |
| Suppliers | 440/4 | €635 | €635 | = | 0.0% |
| Other amounts payable | 47/48 | €9,206 | €10,822 | +€1,616 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €2,443 | +€1,022 | +71.9% |
| Gross operating margin | 9900 | -€5,791 | -€303 | +€5,489 | +94.8% |
| Operating profit (loss) | 9901 | -€7,212 | -€2,745 | +€4,467 | +61.9% |
| Financial income | 75/76B | €9 | €5 | -€4 | -44.6% |
| Recurring financial income | 75 | €9 | €5 | -€4 | -44.6% |
| Financial charges | 65/66B | €519 | €308 | -€211 | -40.7% |
| Recurring financial charges | 65 | €519 | €308 | -€211 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,723 | -€3,048 | +€4,674 | +60.5% |
| Profit (loss) for the period | 9904 | -€7,723 | -€3,048 | +€4,674 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,723 | -€3,048 | +€4,674 | +60.5% |
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 5 October 2026 via checked.be.