SUMMERTOWN: 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.
SUMMERTOWN
Largest movements
- Tangible fixed assets -€42,988
down €42,988 (-5.9%), from €724,699 to €681,710
of which Land and buildings: -€34,000
- Receivables within one year +€35,263
up €35,263 (+163.3%), from €21,590 to €56,852
of which Other amounts receivable: +€24,000
- Cash -€33,930
down €33,930 (-42.6%), from €79,694 to €45,764
mainly Net result for the year (-€44,564) and Receivables within one year (-€35,263)
- Profit (loss) carried forward -€44,564
down €44,564, from €8,886 to -€35,678
- Accrued charges and deferred income +€31,426
new in 2025: €31,426
- Debts after one year -€25,152
down €25,152 (-4.0%), from €626,804 to €601,652
- Gross operating margin -€47,946
down €47,946 (-46.4%), from €103,288 to €55,343
- Other operating charges +€22,472
up €22,472 (+2490.9%), from €902 to €23,374
- Staff costs -€14,044
down €14,044 (-96.5%), from €14,547 to €503
- Depreciation +€2,616
up €2,616 (+5.6%), from €46,772 to €49,388
- Financial charges -€1,644
down €1,644 (-5.8%), from €28,293 to €26,649
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 | €826,128 | €788,779 | -€37,348 | -4.5% |
| Fixed assets | 21/28 | €724,699 | €681,710 | -€42,988 | -5.9% |
| Tangible fixed assets | 22/27 | €724,699 | €681,710 | -€42,988 | -5.9% |
| Land and buildings | 22 | €643,353 | €609,353 | -€34,000 | -5.3% |
| Plant, machinery and equipment | 23 | €59,844 | €55,305 | -€4,539 | -7.6% |
| Furniture and vehicles | 24 | €21,502 | €17,053 | -€4,449 | -20.7% |
| Current assets | 29/58 | €101,429 | €107,069 | +€5,640 | +5.6% |
| Amounts receivable within one year | 40/41 | €21,590 | €56,852 | +€35,263 | +163.3% |
| Trade receivables | 40 | €3,590 | €14,852 | +€11,263 | +313.8% |
| Other amounts receivable | 41 | €18,000 | €42,000 | +€24,000 | +133.3% |
| Cash at bank and in hand | 54/58 | €79,694 | €45,764 | -€33,930 | -42.6% |
| Deferred charges and accrued income | 490/1 | €145 | €4,453 | +€4,308 | +2964.5% |
| Total equity and liabilities | 10/49 | €826,128 | €788,779 | -€37,348 | -4.5% |
| Equity | 10/15 | €18,886 | -€25,678 | -€44,564 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,886 | -€35,678 | -€44,564 | |
| Amounts payable | 17/49 | €807,242 | €814,457 | +€7,216 | +0.9% |
| Amounts payable after more than one year | 17 | €626,804 | €601,652 | -€25,152 | -4.0% |
| Financial debts | 170/4 | €626,804 | €601,652 | -€25,152 | -4.0% |
| Amounts payable within one year | 42/48 | €180,437 | €181,379 | +€942 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €26,184 | €27,205 | +€1,021 | +3.9% |
| Trade debts | 44 | €20,190 | €14,935 | -€5,256 | -26.0% |
| Suppliers | 440/4 | €20,190 | €14,935 | -€5,256 | -26.0% |
| Advances received on contracts in progress | 46 | €1,301 | €7,112 | +€5,811 | +446.7% |
| Taxes, remuneration and social security | 45 | €7,535 | €10,886 | +€3,351 | +44.5% |
| Taxes | 450/3 | €2,938 | €6,289 | +€3,351 | +114.1% |
| Remuneration and social security | 454/9 | €4,597 | €4,597 | = | 0.0% |
| Other amounts payable | 47/48 | €125,227 | €121,243 | -€3,984 | -3.2% |
| Accrued charges and deferred income | 492/3 | - | €31,426 | +€31,426 | |
| Remuneration, social security and pensions | 62 | €14,547 | €503 | -€14,044 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,772 | €49,388 | +€2,616 | +5.6% |
| Other operating charges | 640/8 | €902 | €23,374 | +€22,472 | +2490.9% |
| Gross operating margin | 9900 | €103,288 | €55,343 | -€47,946 | -46.4% |
| Operating profit (loss) | 9901 | €41,067 | -€17,923 | -€58,989 | |
| Financial income | 75/76B | €149 | €147 | -€2 | -1.2% |
| Recurring financial income | 75 | €149 | €147 | -€2 | -1.2% |
| Financial charges | 65/66B | €28,293 | €26,649 | -€1,644 | -5.8% |
| Recurring financial charges | 65 | €28,293 | €26,649 | -€1,644 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €12,923 | -€44,425 | -€57,347 | |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | €12,791 | -€44,564 | -€57,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,791 | -€44,564 | -€57,355 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.