SUPER-NET: 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.
SUPER-NET
Largest movements
- Cash +€50,693
up €50,693 (+103.6%), from €48,941 to €99,634
mainly Depreciation (+€76,850) and Tax, wage and social debts (+€74,653)
- Tangible fixed assets -€50,287
down €50,287 (-23.6%), from €212,901 to €162,614
of which Furniture and vehicles: -€36,881
- Receivables within one year +€16,383
up €16,383 (+3.7%), from €448,204 to €464,587
of which Other amounts receivable: +€20,733
- Intangible fixed assets -€8,070
down €8,070 (-29.8%), from €27,038 to €18,968
- Tax, wage and social debts +€74,653
up €74,653 (+72.0%), from €103,624 to €178,278
of which Remuneration and social security: +€40,321
- Current portion of long-term debt -€51,836
down €51,836 (-34.6%), from €149,806 to €97,970
- Debts after one year -€51,736
down €51,736 (-56.8%), from €91,162 to €39,426
- Reserves +€24,000
up €24,000 (+12.1%), from €199,000 to €223,000
of which Distributable reserves: +€24,000
- Other debts +€10,399
up €10,399 (+37365.7%), from €28 to €10,427
- Gross operating margin +€178,210
up €178,210 (+12.1%), from €1.5m to €1.7m
- Staff costs +€112,161
up €112,161 (+8.4%), from €1.3m to €1.5m
- Other operating charges +€20,010
up €20,010 (+241.9%), from €8,271 to €28,281
- Taxes +€17,833
up €17,833 (+114.4%), from €15,594 to €33,427
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 | €748,517 | €755,056 | +€6,539 | +0.9% |
| Fixed assets | 21/28 | €240,139 | €181,782 | -€58,357 | -24.3% |
| Intangible fixed assets | 21 | €27,038 | €18,968 | -€8,070 | -29.8% |
| Tangible fixed assets | 22/27 | €212,901 | €162,614 | -€50,287 | -23.6% |
| Land and buildings | 22 | €77,087 | €63,887 | -€13,200 | -17.1% |
| Plant, machinery and equipment | 23 | €721 | €515 | -€206 | -28.6% |
| Furniture and vehicles | 24 | €135,093 | €98,213 | -€36,881 | -27.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €508,378 | €573,273 | +€64,895 | +12.8% |
| Amounts receivable within one year | 40/41 | €448,204 | €464,587 | +€16,383 | +3.7% |
| Trade receivables | 40 | €366,901 | €362,550 | -€4,350 | -1.2% |
| Other amounts receivable | 41 | €81,303 | €102,037 | +€20,733 | +25.5% |
| Cash at bank and in hand | 54/58 | €48,941 | €99,634 | +€50,693 | +103.6% |
| Deferred charges and accrued income | 490/1 | €11,233 | €9,052 | -€2,181 | -19.4% |
| Total equity and liabilities | 10/49 | €748,517 | €755,056 | +€6,539 | +0.9% |
| Equity | 10/15 | €207,169 | €231,517 | +€24,348 | +11.8% |
| Contributions | 10/11 | €6,203 | €6,203 | = | 0.0% |
| Reserves | 13 | €199,000 | €223,000 | +€24,000 | +12.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €197,000 | €221,000 | +€24,000 | +12.2% |
| Profit (loss) carried forward | 14 | €1,967 | €2,314 | +€348 | +17.7% |
| Amounts payable | 17/49 | €541,348 | €523,539 | -€17,809 | -3.3% |
| Amounts payable after more than one year | 17 | €91,162 | €39,426 | -€51,736 | -56.8% |
| Financial debts | 170/4 | €91,162 | €39,426 | -€51,736 | -56.8% |
| Amounts payable within one year | 42/48 | €450,186 | €484,113 | +€33,927 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €149,806 | €97,970 | -€51,836 | -34.6% |
| Trade debts | 44 | €196,728 | €197,439 | +€711 | +0.4% |
| Suppliers | 440/4 | €196,728 | €197,439 | +€711 | +0.4% |
| Taxes, remuneration and social security | 45 | €103,624 | €178,278 | +€74,653 | +72.0% |
| Taxes | 450/3 | €18,020 | €52,352 | +€34,332 | +190.5% |
| Remuneration and social security | 454/9 | €85,604 | €125,925 | +€40,321 | +47.1% |
| Other amounts payable | 47/48 | €28 | €10,427 | +€10,399 | +37365.7% |
| Remuneration, social security and pensions | 62 | €1,341,060 | €1,453,221 | +€112,161 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,709 | €76,850 | +€3,141 | +4.3% |
| Other operating charges | 640/8 | €8,271 | €28,281 | +€20,010 | +241.9% |
| Gross operating margin | 9900 | €1,475,693 | €1,653,903 | +€178,210 | +12.1% |
| Operating profit (loss) | 9901 | €52,653 | €95,552 | +€42,899 | +81.5% |
| Financial income | 75/76B | €28 | €21 | -€7 | -24.5% |
| Recurring financial income | 75 | €28 | €21 | -€7 | -24.5% |
| Financial charges | 65/66B | €12,602 | €8,798 | -€3,804 | -30.2% |
| Recurring financial charges | 65 | €12,602 | €8,798 | -€3,804 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €40,079 | €86,775 | +€46,696 | +116.5% |
| Income taxes | 67/77 | €15,594 | €33,427 | +€17,833 | +114.4% |
| Profit (loss) for the period | 9904 | €24,485 | €53,348 | +€28,863 | +117.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,485 | €53,348 | +€28,863 | +117.9% |
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 2 October 2026 via checked.be.