SUPAREL: 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.
SUPAREL
Largest movements
- Cash +€30,379
up €30,379 (+67.1%), from €45,302 to €75,681
mainly Net result for the year (+€40,696) and Other debts (+€36,192)
- Tangible fixed assets -€10,961
down €10,961 (-14.3%), from €76,713 to €65,752
of which Furniture and vehicles: -€13,435
- Reserves -€57,000
down €57,000 (-31.6%), from €180,260 to €123,260
- Profit (loss) carried forward +€40,695
up €40,695 (+54.2%), from -€75,017 to -€34,322
- Other debts +€36,192
up €36,192 (+82.8%), from €43,703 to €79,895
- Gross operating margin +€60,123
up €60,123 (+453%), from €13,275 to €73,398
- Taxes +€9,892
up €9,892 (+345%), from €2,865 to €12,757
- Financial income -€8,835
down €8,835 (-99.4%), from €8,885 to €50
- Depreciation +€4,812
up €4,812 (+33.5%), from €14,360 to €19,172
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 | €161,107 | €181,416 | +€20,309 | +12.6% |
| Fixed assets | 21/28 | €76,713 | €65,752 | -€10,961 | -14.3% |
| Tangible fixed assets | 22/27 | €76,713 | €65,752 | -€10,961 | -14.3% |
| Plant, machinery and equipment | 23 | €1,397 | €3,813 | +€2,416 | +173% |
| Furniture and vehicles | 24 | €43,972 | €30,537 | -€13,435 | -30.6% |
| Other tangible fixed assets | 26 | €31,344 | €31,401 | +€57 | +0.2% |
| Current assets | 29/58 | €84,394 | €115,664 | +€31,270 | +37.1% |
| Amounts receivable within one year | 40/41 | €38,287 | €39,091 | +€804 | +2.1% |
| Trade receivables | 40 | €22,106 | €20,104 | -€2,002 | -9.1% |
| Other amounts receivable | 41 | €16,181 | €18,986 | +€2,805 | +17.3% |
| Cash at bank and in hand | 54/58 | €45,302 | €75,681 | +€30,379 | +67.1% |
| Deferred charges and accrued income | 490/1 | €805 | €893 | +€88 | +10.9% |
| Total equity and liabilities | 10/49 | €161,107 | €181,416 | +€20,309 | +12.6% |
| Equity | 10/15 | €111,443 | €95,138 | -€16,305 | -14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €180,260 | €123,260 | -€57,000 | -31.6% |
| Distributable reserves | 133 | €180,260 | €123,260 | -€57,000 | -31.6% |
| Profit (loss) carried forward | 14 | -€75,017 | -€34,322 | +€40,695 | +54.2% |
| Amounts payable | 17/49 | €49,664 | €86,278 | +€36,614 | +73.7% |
| Amounts payable within one year | 42/48 | €49,664 | €86,278 | +€36,614 | +73.7% |
| Trade debts | 44 | €5,961 | €6,383 | +€422 | +7.1% |
| Suppliers | 440/4 | €5,961 | €6,383 | +€422 | +7.1% |
| Other amounts payable | 47/48 | €43,703 | €79,895 | +€36,192 | +82.8% |
| Non-recurring operating income | 76A | €14,027 | - | -€14,027 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,360 | €19,172 | +€4,812 | +33.5% |
| Other operating charges | 640/8 | €450 | €527 | +€77 | +17.1% |
| Gross operating margin | 9900 | €13,275 | €73,398 | +€60,123 | +453% |
| Operating profit (loss) | 9901 | -€1,535 | €53,699 | +€55,234 | |
| Financial income | 75/76B | €8,885 | €50 | -€8,835 | -99.4% |
| Recurring financial income | 75 | €8,885 | €50 | -€8,835 | -99.4% |
| Financial charges | 65/66B | €118 | €296 | +€178 | +151% |
| Recurring financial charges | 65 | €118 | €296 | +€178 | +151% |
| Profit (loss) for the period before taxes | 9903 | €7,232 | €53,452 | +€46,220 | +639% |
| Income taxes | 67/77 | €2,865 | €12,757 | +€9,892 | +345% |
| Profit (loss) for the period | 9904 | €4,367 | €40,696 | +€36,329 | +832% |
| Profit (loss) for the period to be appropriated | 9905 | €4,367 | €40,696 | +€36,329 | +832% |
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 1 November 2026 via checked.be.