Super Europ: 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.
Super Europ
Largest movements
- Cash -€36,693
down €36,693 (-33.0%), from €111,055 to €74,362
mainly Investment in fixed assets (net) (-€80,426) and Current portion of long-term debt (-€35,713)
- Current portion of long-term debt -€35,713
down €35,713 (-83.2%), from €42,925 to €7,213
- Gross operating margin -€62,667
down €62,667 (-37.1%), from €168,902 to €106,235
- Taxes -€10,594
down €10,594 (-95.8%), from €11,056 to €462
- Depreciation -€7,663
down €7,663 (-9.0%), from €85,282 to €77,619
- Financial charges -€4,302
down €4,302 (-77.8%), from €5,526 to €1,225
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 | €1,474,571 | €1,438,223 | -€36,348 | -2.5% |
| Fixed assets | 21/28 | €1,351,516 | €1,354,323 | +€2,807 | +0.2% |
| Tangible fixed assets | 22/27 | €1,351,516 | €1,354,323 | +€2,807 | +0.2% |
| Land and buildings | 22 | €1,215,802 | €1,248,129 | +€32,327 | +2.7% |
| Plant, machinery and equipment | 23 | €20,268 | €14,229 | -€6,039 | -29.8% |
| Furniture and vehicles | 24 | €115,446 | €91,965 | -€23,481 | -20.3% |
| Current assets | 29/58 | €123,055 | €83,900 | -€39,155 | -31.8% |
| Amounts receivable within one year | 40/41 | €12,000 | €9,538 | -€2,462 | -20.5% |
| Other amounts receivable | 41 | €12,000 | €9,538 | -€2,462 | -20.5% |
| Cash at bank and in hand | 54/58 | €111,055 | €74,362 | -€36,693 | -33.0% |
| Total equity and liabilities | 10/49 | €1,474,571 | €1,438,223 | -€36,348 | -2.5% |
| Equity | 10/15 | €1,401,890 | €1,403,116 | +€1,226 | +0.1% |
| Contributions | 10/11 | €795,000 | €795,000 | = | 0.0% |
| Revaluation surpluses | 12 | €243,822 | €243,822 | = | 0.0% |
| Reserves | 13 | €160,470 | €161,696 | +€1,226 | +0.8% |
| Non-distributable reserves | 130/1 | €88,987 | €88,987 | = | 0.0% |
| Reserves not available under the articles | 1311 | €88,987 | €88,987 | = | 0.0% |
| Distributable reserves | 133 | €71,483 | €72,709 | +€1,226 | +1.7% |
| Profit (loss) carried forward | 14 | €202,598 | €202,598 | = | 0.0% |
| Amounts payable | 17/49 | €72,680 | €35,107 | -€37,573 | -51.7% |
| Amounts payable after more than one year | 17 | €17,388 | €10,176 | -€7,213 | -41.5% |
| Financial debts | 170/4 | €17,388 | €10,176 | -€7,213 | -41.5% |
| Amounts payable within one year | 42/48 | €54,722 | €24,361 | -€30,361 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €42,925 | €7,213 | -€35,713 | -83.2% |
| Taxes, remuneration and social security | 45 | €3,056 | - | -€3,056 | |
| Taxes | 450/3 | €3,056 | - | -€3,056 | |
| Other amounts payable | 47/48 | €8,741 | €17,149 | +€8,407 | +96.2% |
| Accrued charges and deferred income | 492/3 | €570 | €570 | = | 0.0% |
| Non-recurring operating income | 76A | €82,339 | - | -€82,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,282 | €77,619 | -€7,663 | -9.0% |
| Other operating charges | 640/8 | €25,878 | €25,704 | -€174 | -0.7% |
| Non-recurring operating charges | 66A | €17,492 | - | -€17,492 | |
| Gross operating margin | 9900 | €168,902 | €106,235 | -€62,667 | -37.1% |
| Operating profit (loss) | 9901 | €40,251 | €2,912 | -€37,338 | -92.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,526 | €1,225 | -€4,302 | -77.8% |
| Recurring financial charges | 65 | €5,526 | €1,225 | -€4,302 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €34,724 | €1,688 | -€33,037 | -95.1% |
| Income taxes | 67/77 | €11,056 | €462 | -€10,594 | -95.8% |
| Profit (loss) for the period | 9904 | €23,669 | €1,226 | -€22,443 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,669 | €1,226 | -€22,443 | -94.8% |
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.