SUMMUM: 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.
SUMMUM
Largest movements
- Receivables within one year +€28,077
up €28,077 (+1,584%), from €1,772 to €29,850
of which Trade receivables: +€26,909
- Cash +€5,909
up €5,909 (+78.5%), from €7,523 to €13,432
mainly Debts after one year (+€21,138) and Current portion of long-term debt (+€11,347)
- Tangible fixed assets +€4,610
up €4,610 (+459%), from €1,004 to €5,614
of which Plant, machinery and equipment: +€2,938
- Debts after one year +€21,138
up €21,138 (+521%), from €4,060 to €25,198
- Current portion of long-term debt +€11,347
up €11,347 (+451%), from €2,515 to €13,862
- Trade debts +€4,751
up €4,751 (+254%), from €1,867 to €6,619
- Tax, wage and social debts -€3,120
down €3,120 (-77.7%), from €4,014 to €894
- Profit (loss) carried forward +€2,898
up €2,898 (+21.8%), from -€13,296 to -€10,398
- Gross operating margin +€17,717
up €17,717, from -€11,836 to €5,881
- Financial charges +€794
up €794 (+320%), from €248 to €1,043
- Taxes +€481
up €481 (+226%), from €213 to €694
- Other operating charges -€294
down €294 (-61.3%), from €479 to €186
- Depreciation +€196
up €196 (+22.6%), from €867 to €1,062
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.
Derived cash bridge
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 | €16,032 | €54,109 | +€38,077 | +238% |
| Fixed assets | 21/28 | €1,004 | €5,614 | +€4,610 | +459% |
| Tangible fixed assets | 22/27 | €1,004 | €5,614 | +€4,610 | +459% |
| Plant, machinery and equipment | 23 | €7 | €2,945 | +€2,938 | +42,886% |
| Furniture and vehicles | 24 | €997 | €2,670 | +€1,673 | +168% |
| Current assets | 29/58 | €15,028 | €48,495 | +€33,467 | +223% |
| Stocks and contracts in progress | 3 | €5,733 | €5,213 | -€520 | -9.1% |
| Stocks | 30/36 | €5,733 | €5,213 | -€520 | -9.1% |
| Amounts receivable within one year | 40/41 | €1,772 | €29,850 | +€28,077 | +1,584% |
| Trade receivables | 40 | €753 | €27,662 | +€26,909 | +3,576% |
| Other amounts receivable | 41 | €1,020 | €2,188 | +€1,168 | +115% |
| Cash at bank and in hand | 54/58 | €7,523 | €13,432 | +€5,909 | +78.5% |
| Total equity and liabilities | 10/49 | €16,032 | €54,109 | +€38,077 | +238% |
| Equity | 10/15 | -€8,296 | -€5,398 | +€2,898 | +34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,296 | -€10,398 | +€2,898 | +21.8% |
| Amounts payable | 17/49 | €24,328 | €59,507 | +€35,179 | +145% |
| Amounts payable after more than one year | 17 | €4,060 | €25,198 | +€21,138 | +521% |
| Financial debts | 170/4 | €4,060 | €25,198 | +€21,138 | +521% |
| Amounts payable within one year | 42/48 | €20,268 | €34,309 | +€14,041 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €2,515 | €13,862 | +€11,347 | +451% |
| Trade debts | 44 | €1,867 | €6,619 | +€4,751 | +254% |
| Suppliers | 440/4 | €1,867 | €6,619 | +€4,751 | +254% |
| Taxes, remuneration and social security | 45 | €4,014 | €894 | -€3,120 | -77.7% |
| Taxes | 450/3 | €4,014 | €894 | -€3,120 | -77.7% |
| Other amounts payable | 47/48 | €11,871 | €12,934 | +€1,063 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €1,062 | +€196 | +22.6% |
| Other operating charges | 640/8 | €479 | €186 | -€294 | -61.3% |
| Gross operating margin | 9900 | -€11,836 | €5,881 | +€17,717 | |
| Operating profit (loss) | 9901 | -€13,181 | €4,633 | +€17,815 | |
| Financial income | 75/76B | €6 | €1 | -€5 | -78.9% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -78.9% |
| Financial charges | 65/66B | €248 | €1,043 | +€794 | +320% |
| Recurring financial charges | 65 | €248 | €1,043 | +€794 | +320% |
| Profit (loss) for the period before taxes | 9903 | -€13,424 | €3,592 | +€17,015 | |
| Income taxes | 67/77 | €213 | €694 | +€481 | +226% |
| Profit (loss) for the period | 9904 | -€13,637 | €2,898 | +€16,535 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,637 | €2,898 | +€16,535 |
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 13 October 2026 via checked.be.