SUPERGLUE: 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.
SUPERGLUE
Largest movements
- Receivables within one year -€250,396
down €250,396 (-78.4%), from €319,244 to €68,849
of which Trade receivables: -€252,983
- Cash +€123,438
up €123,438 (+527.3%), from €23,408 to €146,846
mainly Receivables within one year (+€250,396) and Accrued charges and deferred income (+€31,682)
- Other debts -€166,246
down €166,246 (-85.5%), from €194,370 to €28,124
- Accrued charges and deferred income +€31,682
up €31,682, from €0 to €31,682
- Advances received +€27,000
new in 2025: €27,000
- Tax, wage and social debts -€12,480
down €12,480 (-96.3%), from €12,966 to €486
- Trade debts -€11,801
down €11,801 (-32.3%), from €36,563 to €24,762
- Gross operating margin -€4,753
down €4,753 (-25.4%), from €18,708 to €13,955
- Financial charges +€4,547
up €4,547 (+1697.9%), from €268 to €4,815
- Taxes -€2,646
down €2,646 (-57.8%), from €4,575 to €1,929
- Other operating charges +€1,332
up €1,332 (+948.3%), from €141 to €1,473
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 | €948,728 | €822,671 | -€126,057 | -13.3% |
| Fixed assets | 21/28 | €606,076 | €606,076 | = | 0.0% |
| Financial fixed assets | 28 | €606,076 | €606,076 | = | 0.0% |
| Current assets | 29/58 | €342,652 | €216,595 | -€126,057 | -36.8% |
| Amounts receivable within one year | 40/41 | €319,244 | €68,849 | -€250,396 | -78.4% |
| Trade receivables | 40 | €316,216 | €63,233 | -€252,983 | -80.0% |
| Other amounts receivable | 41 | €3,028 | €5,616 | +€2,588 | +85.5% |
| Cash at bank and in hand | 54/58 | €23,408 | €146,846 | +€123,438 | +527.3% |
| Deferred charges and accrued income | 490/1 | - | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €948,728 | €822,671 | -€126,057 | -13.3% |
| Equity | 10/15 | €704,829 | €710,617 | +€5,788 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €686,229 | €692,017 | +€5,788 | +0.8% |
| Non-distributable reserves | 130/1 | €794 | €794 | = | 0.0% |
| Reserves not available under the articles | 1311 | €794 | €794 | = | 0.0% |
| Distributable reserves | 133 | €685,436 | €691,224 | +€5,788 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €243,899 | €112,054 | -€131,845 | -54.1% |
| Amounts payable within one year | 42/48 | €243,899 | €80,372 | -€163,527 | -67.0% |
| Trade debts | 44 | €36,563 | €24,762 | -€11,801 | -32.3% |
| Suppliers | 440/4 | €36,563 | €24,762 | -€11,801 | -32.3% |
| Advances received on contracts in progress | 46 | - | €27,000 | +€27,000 | |
| Taxes, remuneration and social security | 45 | €12,966 | €486 | -€12,480 | -96.3% |
| Taxes | 450/3 | €12,966 | €486 | -€12,480 | -96.3% |
| Other amounts payable | 47/48 | €194,370 | €28,124 | -€166,246 | -85.5% |
| Accrued charges and deferred income | 492/3 | €0 | €31,682 | +€31,682 | |
| Other operating charges | 640/8 | €141 | €1,473 | +€1,332 | +948.3% |
| Gross operating margin | 9900 | €18,708 | €13,955 | -€4,753 | -25.4% |
| Operating profit (loss) | 9901 | €18,568 | €12,482 | -€6,085 | -32.8% |
| Financial income | 75/76B | €0 | €50 | +€50 | |
| Recurring financial income | 75 | €0 | €50 | +€50 | |
| Financial charges | 65/66B | €268 | €4,815 | +€4,547 | +1697.9% |
| Recurring financial charges | 65 | €268 | €4,815 | +€4,547 | +1697.9% |
| Profit (loss) for the period before taxes | 9903 | €18,300 | €7,717 | -€10,583 | -57.8% |
| Income taxes | 67/77 | €4,575 | €1,929 | -€2,646 | -57.8% |
| Profit (loss) for the period | 9904 | €13,725 | €5,788 | -€7,937 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,725 | €5,788 | -€7,937 | -57.8% |
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 12 October 2026 via checked.be.