SUPERBOWL: 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.
SUPERBOWL
Largest movements
- Tangible fixed assets -€12,365
down €12,365 (-29.5%), from €41,957 to €29,591
of which Plant, machinery and equipment: -€11,771
- Cash -€8,433
down €8,433 (-51.9%), from €16,240 to €7,807
mainly Debts after one year (-€26,271) and Current portion of long-term debt (-€14,892)
- Debts after one year -€26,271
down €26,271 (-71.2%), from €36,874 to €10,603
- Profit (loss) carried forward +€24,549
up €24,549 (+32.6%), from -€75,294 to -€50,745
- Current portion of long-term debt -€14,892
down €14,892 (-32.2%), from €46,195 to €31,303
- Tax, wage and social debts -€4,494
down €4,494 (-76.4%), from €5,879 to €1,385
- Staff costs -€57,332
no longer reported in 2025 (was €57,332)
- Gross operating margin -€28,904
down €28,904 (-39.2%), from €73,714 to €44,810
- Depreciation -€8,823
down €8,823 (-41.6%), from €21,188 to €12,365
- Other operating charges +€4,860
up €4,860 (+581%), from €837 to €5,697
- Financial charges -€1,428
down €1,428 (-38.7%), from €3,693 to €2,266
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 | €82,343 | €61,151 | -€21,192 | -25.7% |
| Fixed assets | 21/28 | €41,957 | €29,591 | -€12,365 | -29.5% |
| Tangible fixed assets | 22/27 | €41,957 | €29,591 | -€12,365 | -29.5% |
| Plant, machinery and equipment | 23 | €41,362 | €29,591 | -€11,771 | -28.5% |
| Other tangible fixed assets | 26 | €594 | - | -€594 | |
| Current assets | 29/58 | €40,386 | €31,559 | -€8,827 | -21.9% |
| Amounts receivable within one year | 40/41 | €24,146 | €23,752 | -€394 | -1.6% |
| Trade receivables | 40 | €6,050 | €21,200 | +€15,150 | +250% |
| Other amounts receivable | 41 | €18,096 | €2,552 | -€15,544 | -85.9% |
| Cash at bank and in hand | 54/58 | €16,240 | €7,807 | -€8,433 | -51.9% |
| Total equity and liabilities | 10/49 | €82,343 | €61,151 | -€21,192 | -25.7% |
| Equity | 10/15 | -€7,124 | €17,426 | +€24,549 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,294 | -€50,745 | +€24,549 | +32.6% |
| Amounts payable | 17/49 | €89,466 | €43,725 | -€45,741 | -51.1% |
| Amounts payable after more than one year | 17 | €36,874 | €10,603 | -€26,271 | -71.2% |
| Financial debts | 170/4 | €36,874 | €10,603 | -€26,271 | -71.2% |
| Amounts payable within one year | 42/48 | €52,592 | €33,122 | -€19,470 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €46,195 | €31,303 | -€14,892 | -32.2% |
| Trade debts | 44 | €518 | - | -€518 | |
| Suppliers | 440/4 | €518 | - | -€518 | |
| Taxes, remuneration and social security | 45 | €5,879 | €1,385 | -€4,494 | -76.4% |
| Taxes | 450/3 | €5,879 | €1,385 | -€4,494 | -76.4% |
| Other amounts payable | 47/48 | - | €434 | +€434 | |
| Remuneration, social security and pensions | 62 | €57,332 | - | -€57,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,188 | €12,365 | -€8,823 | -41.6% |
| Other operating charges | 640/8 | €837 | €5,697 | +€4,860 | +581% |
| Gross operating margin | 9900 | €73,714 | €44,810 | -€28,904 | -39.2% |
| Operating profit (loss) | 9901 | -€5,643 | €26,748 | +€32,391 | |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €3,693 | €2,266 | -€1,428 | -38.7% |
| Recurring financial charges | 65 | €3,693 | €2,266 | -€1,428 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,336 | €24,549 | +€33,886 | |
| Profit (loss) for the period | 9904 | -€9,336 | €24,549 | +€33,886 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,336 | €24,549 | +€33,886 |
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 28 October 2026 via checked.be.