SUPERFIN: 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.
SUPERFIN
Largest movements
- Receivables within one year -€15,755
down €15,755 (-19.6%), from €80,321 to €64,566
of which Trade receivables: -€13,277
- Tangible fixed assets -€5,644
down €5,644 (-53.9%), from €10,470 to €4,827
- Cash +€1,439
up €1,439, from €0 to €1,439
mainly Net result for the year (+€26,318) and Receivables within one year (+€15,755)
- Trade debts -€38,383
down €38,383 (-70.7%), from €54,322 to €15,939
- Profit (loss) carried forward +€26,318
up €26,318 (+117.1%), from €22,479 to €48,797
- Tax, wage and social debts -€8,011
down €8,011 (-54.7%), from €14,650 to €6,639
of which Remuneration and social security: -€9,000
- Gross operating margin +€30,408
up €30,408 (+256.5%), from €11,853 to €42,261
- Taxes +€5,605
up €5,605 (+541.8%), from €1,034 to €6,639
- Staff costs +€1,568
up €1,568, from €0 to €1,568
- Depreciation +€570
up €570 (+11.2%), from €5,074 to €5,644
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 | €92,450 | €72,375 | -€20,075 | -21.7% |
| Fixed assets | 21/28 | €10,650 | €4,827 | -€5,824 | -54.7% |
| Tangible fixed assets | 22/27 | €10,470 | €4,827 | -€5,644 | -53.9% |
| Furniture and vehicles | 24 | €10,470 | €4,827 | -€5,644 | -53.9% |
| Financial fixed assets | 28 | €180 | €0 | -€180 | -100.0% |
| Current assets | 29/58 | €81,800 | €67,548 | -€14,252 | -17.4% |
| Amounts receivable within one year | 40/41 | €80,321 | €64,566 | -€15,755 | -19.6% |
| Trade receivables | 40 | €60,427 | €47,150 | -€13,277 | -22.0% |
| Other amounts receivable | 41 | €19,894 | €17,416 | -€2,478 | -12.5% |
| Cash at bank and in hand | 54/58 | €0 | €1,439 | +€1,439 | |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,543 | +€64 | +4.3% |
| Total equity and liabilities | 10/49 | €92,450 | €72,375 | -€20,075 | -21.7% |
| Equity | 10/15 | €23,479 | €49,797 | +€26,318 | +112.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,479 | €48,797 | +€26,318 | +117.1% |
| Amounts payable | 17/49 | €68,971 | €22,578 | -€46,393 | -67.3% |
| Amounts payable within one year | 42/48 | €68,971 | €22,578 | -€46,393 | -67.3% |
| Trade debts | 44 | €54,322 | €15,939 | -€38,383 | -70.7% |
| Suppliers | 440/4 | €54,322 | €15,939 | -€38,383 | -70.7% |
| Taxes, remuneration and social security | 45 | €14,650 | €6,639 | -€8,011 | -54.7% |
| Taxes | 450/3 | €5,650 | €6,639 | +€989 | +17.5% |
| Remuneration and social security | 454/9 | €9,000 | €0 | -€9,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | €1,568 | +€1,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,074 | €5,644 | +€570 | +11.2% |
| Other operating charges | 640/8 | €685 | €833 | +€148 | +21.6% |
| Gross operating margin | 9900 | €11,853 | €42,261 | +€30,408 | +256.5% |
| Operating profit (loss) | 9901 | €6,094 | €34,216 | +€28,122 | +461.5% |
| Financial income | 75/76B | €0 | €31 | +€31 | |
| Recurring financial income | 75 | €0 | €31 | +€31 | |
| Financial charges | 65/66B | €1,042 | €1,290 | +€249 | +23.9% |
| Recurring financial charges | 65 | €1,042 | €1,290 | +€249 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €5,052 | €32,957 | +€27,905 | +552.3% |
| Income taxes | 67/77 | €1,034 | €6,639 | +€5,605 | +541.8% |
| Profit (loss) for the period | 9904 | €4,018 | €26,318 | +€22,300 | +555.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,018 | €26,318 | +€22,300 | +555.0% |
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 4 October 2026 via checked.be.