SUPAL Management: 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.
SUPAL Management
Largest movements
- Receivables within one year -€3,058
down €3,058 (-100.0%), from €3,058 to €0
- Cash -€208
down €208 (-56.1%), from €371 to €163
mainly Net result for the year (-€3,947) and Tax, wage and social debts (-€1,563)
- Profit (loss) carried forward -€3,947
down €3,947 (-36.3%), from -€10,866 to -€14,813
- Other debts +€2,116
up €2,116 (+19.7%), from €10,731 to €12,847
- Tax, wage and social debts -€1,563
down €1,563 (-100.0%), from €1,563 to €0
- Trade debts +€129
new in 2025: €129
- Financial charges +€582
up €582 (+1523.9%), from €38 to €620
- Gross operating margin -€371
down €371 (-20.4%), from -€1,815 to -€2,186
- Other operating charges +€319
up €319 (+41.2%), from €774 to €1,093
- Depreciation -€103
down €103 (-100.0%), from €103 to €0
- Taxes +€49
up €49, from €0 to €49
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 | €3,429 | €163 | -€3,266 | -95.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,429 | €163 | -€3,266 | -95.3% |
| Amounts receivable within one year | 40/41 | €3,058 | €0 | -€3,058 | -100.0% |
| Other amounts receivable | 41 | €3,058 | €0 | -€3,058 | -100.0% |
| Cash at bank and in hand | 54/58 | €371 | €163 | -€208 | -56.1% |
| Total equity and liabilities | 10/49 | €3,429 | €163 | -€3,266 | -95.3% |
| Equity | 10/15 | -€8,866 | -€12,813 | -€3,947 | -44.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,866 | -€14,813 | -€3,947 | -36.3% |
| Amounts payable | 17/49 | €12,294 | €12,976 | +€681 | +5.5% |
| Amounts payable within one year | 42/48 | €12,294 | €12,976 | +€681 | +5.5% |
| Trade debts | 44 | - | €129 | +€129 | |
| Suppliers | 440/4 | - | €129 | +€129 | |
| Taxes, remuneration and social security | 45 | €1,563 | €0 | -€1,563 | -100.0% |
| Taxes | 450/3 | €1,563 | €0 | -€1,563 | -100.0% |
| Other amounts payable | 47/48 | €10,731 | €12,847 | +€2,116 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103 | €0 | -€103 | -100.0% |
| Other operating charges | 640/8 | €774 | €1,093 | +€319 | +41.2% |
| Gross operating margin | 9900 | -€1,815 | -€2,186 | -€371 | -20.4% |
| Operating profit (loss) | 9901 | -€2,692 | -€3,279 | -€586 | -21.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €38 | €620 | +€582 | +1523.9% |
| Recurring financial charges | 65 | €38 | €620 | +€582 | +1523.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,731 | -€3,899 | -€1,168 | -42.8% |
| Income taxes | 67/77 | €0 | €49 | +€49 | |
| Profit (loss) for the period | 9904 | -€2,731 | -€3,947 | -€1,217 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,731 | -€3,947 | -€1,217 | -44.6% |
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 11 October 2026 via checked.be.