SUPERETTE SANCHEZ STEPHANE: 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.
SUPERETTE SANCHEZ STEPHANE
Largest movements
- Receivables after one year -€67,070
down €67,070 (-29.2%), from €229,525 to €162,455
- Stocks and contracts -€52,549
down €52,549 (-39.9%), from €131,836 to €79,286
- Cash -€52,251
down €52,251 (-69.4%), from €75,329 to €23,078
mainly Contributions, distributions and other (-€99,930) and Net result for the year (-€45,624)
- Receivables within one year +€7,722
up €7,722 (+14.6%), from €52,717 to €60,439
of which Other amounts receivable: +€21,815
- Reserves -€99,930
down €99,930 (-34.7%), from €287,957 to €188,027
of which Distributable reserves: -€99,930
- Profit (loss) carried forward -€45,624
down €45,624, from €0 to -€45,624
- Trade debts -€39,279
down €39,279 (-40.8%), from €96,155 to €56,876
- Other debts +€27,952
up €27,952 (+40.7%), from €68,614 to €96,566
- Gross operating margin -€36,585
down €36,585, from €188 to -€36,397
- Financial charges -€3,417
down €3,417 (-24.0%), from €14,235 to €10,818
of which Financial charges: -€3,417
- Financial income +€2,564
up €2,564 (+61.3%), from €4,185 to €6,750
- Depreciation +€1,039
up €1,039 (+72.6%), from €1,431 to €2,470
- Taxes -€420
down €420 (-74.7%), from €562 to €142
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 | €503,178 | €339,487 | -€163,692 | -32.5% |
| Fixed assets | 21/28 | €13,507 | €11,037 | -€2,470 | -18.3% |
| Tangible fixed assets | 22/27 | €10,432 | €7,962 | -€2,470 | -23.7% |
| Plant, machinery and equipment | 23 | €1,019 | €0 | -€1,019 | -100% |
| Other tangible fixed assets | 26 | €9,413 | €7,962 | -€1,451 | -15.4% |
| Financial fixed assets | 28 | €3,075 | €3,075 | = | 0.0% |
| Current assets | 29/58 | €489,671 | €328,450 | -€161,221 | -32.9% |
| Amounts receivable after more than one year | 29 | €229,525 | €162,455 | -€67,070 | -29.2% |
| Trade receivables | 290 | €229,525 | €162,455 | -€67,070 | -29.2% |
| Stocks and contracts in progress | 3 | €131,836 | €79,286 | -€52,549 | -39.9% |
| Stocks | 30/36 | €131,836 | €79,286 | -€52,549 | -39.9% |
| Amounts receivable within one year | 40/41 | €52,717 | €60,439 | +€7,722 | +14.6% |
| Trade receivables | 40 | €14,572 | €479 | -€14,093 | -96.7% |
| Other amounts receivable | 41 | €38,145 | €59,960 | +€21,815 | +57.2% |
| Cash at bank and in hand | 54/58 | €75,329 | €23,078 | -€52,251 | -69.4% |
| Deferred charges and accrued income | 490/1 | €264 | €3,191 | +€2,927 | +1,108% |
| Total equity and liabilities | 10/49 | €503,178 | €339,487 | -€163,692 | -32.5% |
| Equity | 10/15 | €317,957 | €172,402 | -€145,554 | -45.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €287,957 | €188,027 | -€99,930 | -34.7% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €284,957 | €185,027 | -€99,930 | -35.1% |
| Profit (loss) carried forward | 14 | €0 | -€45,624 | -€45,624 | |
| Amounts payable | 17/49 | €185,222 | €167,084 | -€18,137 | -9.8% |
| Amounts payable within one year | 42/48 | €185,172 | €167,069 | -€18,103 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €8,486 | €6,764 | -€1,722 | -20.3% |
| Financial debts | 43 | €4,840 | €1,615 | -€3,225 | -66.6% |
| Credit institutions | 430/8 | €4,840 | €1,615 | -€3,225 | -66.6% |
| Trade debts | 44 | €96,155 | €56,876 | -€39,279 | -40.8% |
| Suppliers | 440/4 | €96,155 | €56,876 | -€39,279 | -40.8% |
| Taxes, remuneration and social security | 45 | €7,077 | €5,248 | -€1,829 | -25.8% |
| Taxes | 450/3 | €7,077 | €5,248 | -€1,829 | -25.8% |
| Other amounts payable | 47/48 | €68,614 | €96,566 | +€27,952 | +40.7% |
| Accrued charges and deferred income | 492/3 | €49 | €15 | -€34 | -69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €2,470 | +€1,039 | +72.6% |
| Other operating charges | 640/8 | €2,925 | €2,546 | -€379 | -13.0% |
| Gross operating margin | 9900 | €188 | -€36,397 | -€36,585 | |
| Operating profit (loss) | 9901 | -€4,169 | -€41,414 | -€37,245 | -893% |
| Financial income | 75/76B | €4,185 | €6,750 | +€2,564 | +61.3% |
| Recurring financial income | 75 | €4,185 | €6,750 | +€2,564 | +61.3% |
| Financial charges | 65/66B | €14,235 | €10,818 | -€3,417 | -24.0% |
| Recurring financial charges | 65 | €14,235 | €10,818 | -€3,417 | -24.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€14,218 | -€45,482 | -€31,264 | -220% |
| Income taxes | 67/77 | €562 | €142 | -€420 | -74.7% |
| Profit (loss) for the period | 9904 | -€14,780 | -€45,624 | -€30,844 | -209% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,780 | -€45,624 | -€30,844 | -209% |
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 30 October 2026 via checked.be.