SUPAIR: 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.
SUPAIR
Largest movements
- Tangible fixed assets -€2.9m
down €2.9m (-72.2%), from €4.1m to €1.1m
of which Land and buildings: -€2.9m
- Receivables within one year +€2.8m
up €2.8m (+594.1%), from €463,319 to €3.2m
of which Trade receivables: +€2.8m
- Receivables after one year +€419,243
up €419,243 (+163.0%), from €257,283 to €676,527
- Profit (loss) carried forward -€579,469
down €579,469 (-74.8%), from -€774,488 to -€1.4m
- Tax, wage and social debts +€462,074
up €462,074 (+1110.8%), from €41,597 to €503,671
- Debts after one year +€404,156
up €404,156 (+7.4%), from €5.4m to €5.8m
- Gross operating margin -€126,734
down €126,734 (-53.6%), from €236,487 to €109,754
- Other operating charges -€68,213
down €68,213 (-80.8%), from €84,419 to €16,206
- Staff costs +€43,880
up €43,880 (+38.2%), from €114,739 to €158,619
- Financial income -€15,194
down €15,194 (-100.0%), from €15,199 to €5
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 | €4,855,811 | €5,150,412 | +€294,601 | +6.1% |
| Fixed assets | 21/28 | €4,067,479 | €1,160,830 | -€2.9m | -71.5% |
| Tangible fixed assets | 22/27 | €4,056,229 | €1,126,702 | -€2.9m | -72.2% |
| Land and buildings | 22 | €3,406,137 | €473,000 | -€2.9m | -86.1% |
| Plant, machinery and equipment | 23 | €278,806 | €278,806 | = | 0.0% |
| Furniture and vehicles | 24 | €152,861 | €156,471 | +€3,610 | +2.4% |
| Other tangible fixed assets | 26 | €218,425 | €218,425 | = | 0.0% |
| Financial fixed assets | 28 | €11,250 | €34,128 | +€22,878 | +203.4% |
| Current assets | 29/58 | €788,332 | €3,989,582 | +€3.2m | +406.1% |
| Amounts receivable after more than one year | 29 | €257,283 | €676,527 | +€419,243 | +163.0% |
| Other amounts receivable | 291 | €257,283 | €676,527 | +€419,243 | +163.0% |
| Stocks and contracts in progress | 3 | - | €30,952 | +€30,952 | |
| Stocks | 30/36 | - | €30,952 | +€30,952 | |
| Amounts receivable within one year | 40/41 | €463,319 | €3,215,788 | +€2.8m | +594.1% |
| Trade receivables | 40 | €451,000 | €3,212,692 | +€2.8m | +612.3% |
| Other amounts receivable | 41 | €12,319 | €3,095 | -€9,224 | -74.9% |
| Cash at bank and in hand | 54/58 | €40,893 | €34,450 | -€6,443 | -15.8% |
| Deferred charges and accrued income | 490/1 | €26,836 | €31,865 | +€5,028 | +18.7% |
| Total equity and liabilities | 10/49 | €4,855,811 | €5,150,412 | +€294,601 | +6.1% |
| Equity | 10/15 | -€673,488 | -€1,252,957 | -€579,469 | -86.0% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€774,488 | -€1,353,957 | -€579,469 | -74.8% |
| Amounts payable | 17/49 | €5,529,299 | €6,403,369 | +€874,069 | +15.8% |
| Amounts payable after more than one year | 17 | €5,438,571 | €5,842,727 | +€404,156 | +7.4% |
| Other amounts payable | 178/9 | €5,438,571 | €5,842,727 | +€404,156 | +7.4% |
| Amounts payable within one year | 42/48 | €71,429 | €536,695 | +€465,266 | +651.4% |
| Trade debts | 44 | €29,832 | €33,024 | +€3,192 | +10.7% |
| Suppliers | 440/4 | €29,832 | €33,024 | +€3,192 | +10.7% |
| Taxes, remuneration and social security | 45 | €41,597 | €503,671 | +€462,074 | +1110.8% |
| Taxes | 450/3 | €41,597 | €503,671 | +€462,074 | +1110.8% |
| Accrued charges and deferred income | 492/3 | €19,300 | €23,947 | +€4,647 | +24.1% |
| Remuneration, social security and pensions | 62 | €114,739 | €158,619 | +€43,880 | +38.2% |
| Other operating charges | 640/8 | €84,419 | €16,206 | -€68,213 | -80.8% |
| Non-recurring operating charges | 66A | - | €513,894 | +€513,894 | |
| Gross operating margin | 9900 | €236,487 | €109,754 | -€126,734 | -53.6% |
| Operating profit (loss) | 9901 | €37,330 | -€578,966 | -€616,295 | |
| Financial income | 75/76B | €15,199 | €5 | -€15,194 | -100.0% |
| Recurring financial income | 75 | €15,199 | €5 | -€15,194 | -100.0% |
| Financial charges | 65/66B | €548 | €508 | -€40 | -7.2% |
| Recurring financial charges | 65 | €548 | €508 | -€40 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €51,981 | -€579,469 | -€631,450 | |
| Profit (loss) for the period | 9904 | €51,981 | -€579,469 | -€631,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,981 | -€579,469 | -€631,450 |
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.