Summum Connect: 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 Connect
Largest movements
- Cash -€46,733
down €46,733 (-99.3%), from €47,062 to €329
mainly Other debts (-€35,682) and Net result for the year (-€8,701)
- Other debts -€35,682
down €35,682 (-70.0%), from €50,960 to €15,279
- Profit (loss) carried forward -€8,701
down €8,701 (-35.5%), from -€24,525 to -€33,226
- Current portion of long-term debt -€1,465
no longer reported in 2026 (was €1,465)
- Tax, wage and social debts -€686
no longer reported in 2026 (was €686)
- Trade debts -€545
no longer reported in 2026 (was €545)
- Gross operating margin -€81,368
down €81,368, from €73,090 to -€8,279
- Other operating charges -€1,906
down €1,906 (-92.1%), from €2,070 to €164
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,730 | €652 | -€47,078 | -98.6% |
| Fixed assets | 21/28 | €86 | - | -€86 | |
| Tangible fixed assets | 22/27 | €86 | - | -€86 | |
| Furniture and vehicles | 24 | €86 | - | -€86 | |
| Current assets | 29/58 | €47,644 | €652 | -€46,992 | -98.6% |
| Amounts receivable within one year | 40/41 | €582 | €323 | -€259 | -44.5% |
| Other amounts receivable | 41 | €582 | €323 | -€259 | -44.5% |
| Cash at bank and in hand | 54/58 | €47,062 | €329 | -€46,733 | -99.3% |
| Total equity and liabilities | 10/49 | €47,730 | €652 | -€47,078 | -98.6% |
| Equity | 10/15 | -€5,925 | -€14,626 | -€8,701 | -147% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,525 | -€33,226 | -€8,701 | -35.5% |
| Amounts payable | 17/49 | €53,656 | €15,279 | -€38,377 | -71.5% |
| Amounts payable within one year | 42/48 | €53,656 | €15,279 | -€38,377 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €1,465 | - | -€1,465 | |
| Trade debts | 44 | €545 | - | -€545 | |
| Suppliers | 440/4 | €545 | - | -€545 | |
| Taxes, remuneration and social security | 45 | €686 | - | -€686 | |
| Taxes | 450/3 | €686 | - | -€686 | |
| Other amounts payable | 47/48 | €50,960 | €15,279 | -€35,682 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | - | -€270 | |
| Other operating charges | 640/8 | €2,070 | €164 | -€1,906 | -92.1% |
| Gross operating margin | 9900 | €73,090 | -€8,279 | -€81,368 | |
| Operating profit (loss) | 9901 | €70,750 | -€8,443 | -€79,193 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €287 | €143 | -€143 | -50.1% |
| Recurring financial charges | 65 | €287 | €143 | -€143 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €70,463 | -€8,586 | -€79,049 | |
| Income taxes | 67/77 | €686 | €115 | -€571 | -83.3% |
| Profit (loss) for the period | 9904 | €69,778 | -€8,701 | -€78,479 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,778 | -€8,701 | -€78,479 |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 26 October 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.