SUPERBLEND: 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.
SUPERBLEND
Largest movements
- Stocks and contracts +€329,309
up €329,309 (+1069.5%), from €30,792 to €360,101
- Receivables within one year +€148,995
up €148,995 (+8.9%), from €1.7m to €1.8m
of which Trade receivables: +€147,463
- Cash +€96,882
up €96,882 (+57.0%), from €170,052 to €266,934
mainly Net result for the year (+€632,166) and Trade debts (+€419,425)
- Deferred charges and accrued income +€89,198
up €89,198 (+17.7%), from €503,971 to €593,169
- Trade debts +€419,425
up €419,425 (+148.4%), from €282,652 to €702,077
- Reserves +€233,416
up €233,416 (+23.1%), from €1.0m to €1.2m
of which Distributable reserves: +€233,416
- Tax, wage and social debts +€158,673
up €158,673 (+111.8%), from €141,985 to €300,658
of which Taxes: +€130,317
- Other debts -€86,942
down €86,942 (-7.1%), from €1.2m to €1.1m
- Debts after one year -€82,449
down €82,449 (-25.6%), from €321,672 to €239,223
- Financial income -€396,551
down €396,551 (-98.4%), from €402,958 to €6,407
of which Non-recurring financial income: -€399,840
- Gross operating margin +€350,269
up €350,269 (+36.6%), from €956,698 to €1.3m
- Taxes +€75,772
up €75,772 (+248.3%), from €30,516 to €106,288
- Staff costs +€55,748
up €55,748 (+13.7%), from €406,339 to €462,087
- Other operating charges +€40,511
up €40,511 (+129.5%), from €31,278 to €71,789
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 | €3,354,625 | €4,003,299 | +€648,674 | +19.3% |
| Fixed assets | 21/28 | €976,148 | €960,438 | -€15,710 | -1.6% |
| Intangible fixed assets | 21 | €22,011 | €12,124 | -€9,887 | -44.9% |
| Tangible fixed assets | 22/27 | €15,146 | €9,323 | -€5,823 | -38.4% |
| Plant, machinery and equipment | 23 | €162 | - | -€162 | |
| Furniture and vehicles | 24 | €14,984 | €9,323 | -€5,661 | -37.8% |
| Financial fixed assets | 28 | €938,991 | €938,991 | = | 0.0% |
| Current assets | 29/58 | €2,378,477 | €3,042,861 | +€664,384 | +27.9% |
| Stocks and contracts in progress | 3 | €30,792 | €360,101 | +€329,309 | +1069.5% |
| Stocks | 30/36 | €30,792 | €360,101 | +€329,309 | +1069.5% |
| Amounts receivable within one year | 40/41 | €1,673,662 | €1,822,657 | +€148,995 | +8.9% |
| Trade receivables | 40 | €1,025,516 | €1,172,979 | +€147,463 | +14.4% |
| Other amounts receivable | 41 | €648,146 | €649,678 | +€1,532 | +0.2% |
| Cash at bank and in hand | 54/58 | €170,052 | €266,934 | +€96,882 | +57.0% |
| Deferred charges and accrued income | 490/1 | €503,971 | €593,169 | +€89,198 | +17.7% |
| Total equity and liabilities | 10/49 | €3,354,625 | €4,003,299 | +€648,674 | +19.3% |
| Equity | 10/15 | €1,027,066 | €1,260,482 | +€233,416 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,008,466 | €1,241,882 | +€233,416 | +23.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,006,606 | €1,240,022 | +€233,416 | +23.2% |
| Amounts payable | 17/49 | €2,327,559 | €2,742,817 | +€415,258 | +17.8% |
| Amounts payable after more than one year | 17 | €321,672 | €239,223 | -€82,449 | -25.6% |
| Financial debts | 170/4 | €321,672 | €239,223 | -€82,449 | -25.6% |
| Amounts payable within one year | 42/48 | €1,722,296 | €2,217,139 | +€494,843 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €78,762 | €82,449 | +€3,687 | +4.7% |
| Trade debts | 44 | €282,652 | €702,077 | +€419,425 | +148.4% |
| Suppliers | 440/4 | €282,652 | €702,077 | +€419,425 | +148.4% |
| Taxes, remuneration and social security | 45 | €141,985 | €300,658 | +€158,673 | +111.8% |
| Taxes | 450/3 | €116,444 | €246,761 | +€130,317 | +111.9% |
| Remuneration and social security | 454/9 | €25,541 | €53,897 | +€28,356 | +111.0% |
| Other amounts payable | 47/48 | €1,218,897 | €1,131,955 | -€86,942 | -7.1% |
| Accrued charges and deferred income | 492/3 | €283,591 | €286,455 | +€2,864 | +1.0% |
| Remuneration, social security and pensions | 62 | €406,339 | €462,087 | +€55,748 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,945 | €17,088 | +€4,143 | +32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,208 | - | -€7,208 | |
| Other operating charges | 640/8 | €31,278 | €71,789 | +€40,511 | +129.5% |
| Gross operating margin | 9900 | €956,698 | €1,306,967 | +€350,269 | +36.6% |
| Operating profit (loss) | 9901 | €498,928 | €756,003 | +€257,075 | +51.5% |
| Financial income | 75/76B | €402,958 | €6,407 | -€396,551 | -98.4% |
| Recurring financial income | 75 | €3,118 | €6,407 | +€3,289 | +105.5% |
| Non-recurring financial income | 76B | €399,840 | - | -€399,840 | |
| Financial charges | 65/66B | €43,569 | €23,956 | -€19,613 | -45.0% |
| Recurring financial charges | 65 | €43,569 | €23,956 | -€19,613 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €858,317 | €738,454 | -€119,863 | -14.0% |
| Income taxes | 67/77 | €30,516 | €106,288 | +€75,772 | +248.3% |
| Profit (loss) for the period | 9904 | €827,801 | €632,166 | -€195,635 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €827,801 | €632,166 | -€195,635 | -23.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.