Supply Chain 4 Future: 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.
Supply Chain 4 Future
Largest movements
- Cash +€84,162
up €84,162 (+113%), from €74,208 to €158,371
mainly Net result for the year (+€217,382) and Other debts (+€73,543)
- Current investments +€16,675
up €16,675 (+4.9%), from €343,058 to €359,733
- Other debts +€73,543
up €73,543 (+139%), from €52,820 to €126,363
- Reserves +€36,862
up €36,862 (+10.0%), from €368,781 to €405,643
of which Tax-exempt reserves: +€134,720
- Tax, wage and social debts -€6,007
down €6,007 (-22.8%), from €26,399 to €20,393
- Gross operating margin +€130,713
up €130,713 (+91.7%), from €142,478 to €273,191
- Taxes +€17,816
up €17,816 (+35.9%), from €49,649 to €67,465
- Financial income +€13,392
up €13,392 (+221%), from €6,058 to €19,450
- Other operating charges +€6,620
new in 2026: €6,620
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,513 | €557,176 | +€103,662 | +22.9% |
| Formation expenses | 20 | €302 | - | -€302 | |
| Fixed assets | 21/28 | €1,420 | €688 | -€732 | -51.6% |
| Tangible fixed assets | 22/27 | €1,420 | €688 | -€732 | -51.6% |
| Furniture and vehicles | 24 | €1,420 | €688 | -€732 | -51.6% |
| Current assets | 29/58 | €451,791 | €556,488 | +€104,697 | +23.2% |
| Amounts receivable within one year | 40/41 | €34,525 | €38,353 | +€3,828 | +11.1% |
| Trade receivables | 40 | €34,525 | €36,240 | +€1,715 | +5.0% |
| Other amounts receivable | 41 | - | €2,114 | +€2,114 | |
| Current investments | 50/53 | €343,058 | €359,733 | +€16,675 | +4.9% |
| Cash at bank and in hand | 54/58 | €74,208 | €158,371 | +€84,162 | +113% |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €453,513 | €557,176 | +€103,662 | +22.9% |
| Equity | 10/15 | €373,616 | €409,643 | +€36,027 | +9.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €368,781 | €405,643 | +€36,862 | +10.0% |
| Tax-exempt reserves | 132 | €75,780 | €210,500 | +€134,720 | +178% |
| Distributable reserves | 133 | €293,001 | €195,143 | -€97,858 | -33.4% |
| Profit (loss) carried forward | 14 | €835 | - | -€835 | |
| Amounts payable | 17/49 | €79,897 | €147,532 | +€67,635 | +84.7% |
| Amounts payable within one year | 42/48 | €79,219 | €147,532 | +€68,313 | +86.2% |
| Trade debts | 44 | - | €777 | +€777 | |
| Suppliers | 440/4 | - | €777 | +€777 | |
| Taxes, remuneration and social security | 45 | €26,399 | €20,393 | -€6,007 | -22.8% |
| Taxes | 450/3 | €26,399 | €20,393 | -€6,007 | -22.8% |
| Other amounts payable | 47/48 | €52,820 | €126,363 | +€73,543 | +139% |
| Accrued charges and deferred income | 492/3 | €678 | - | -€678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €962 | €1,035 | +€72 | +7.5% |
| Other operating charges | 640/8 | - | €6,620 | +€6,620 | |
| Gross operating margin | 9900 | €142,478 | €273,191 | +€130,713 | +91.7% |
| Operating profit (loss) | 9901 | €141,516 | €265,536 | +€124,020 | +87.6% |
| Financial income | 75/76B | €6,058 | €19,450 | +€13,392 | +221% |
| Recurring financial income | 75 | €6,058 | €19,450 | +€13,392 | +221% |
| Financial charges | 65/66B | €68 | €140 | +€72 | +106% |
| Recurring financial charges | 65 | €68 | €140 | +€72 | +106% |
| Profit (loss) for the period before taxes | 9903 | €147,506 | €284,847 | +€137,341 | +93.1% |
| Income taxes | 67/77 | €49,649 | €67,465 | +€17,816 | +35.9% |
| Profit (loss) for the period | 9904 | €97,858 | €217,382 | +€119,524 | +122% |
| Transfer to tax-exempt reserves | 689 | - | €134,720 | +€134,720 | |
| Profit (loss) for the period to be appropriated | 9905 | €97,858 | €82,662 | -€15,196 | -15.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.