SUPRADO: 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.
SUPRADO
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+917.3%), from €135,948 to €1.4m
- Current investments +€73,511
up €73,511 (+23.4%), from €313,529 to €387,040
- Cash -€20,624
down €20,624 (-41.6%), from €49,519 to €28,895
mainly Investment in fixed assets (net) (-€1.3m) and Current investments (-€73,511)
- Revaluation surpluses +€1.3m
new in 2026: €1.3m
- Profit (loss) carried forward +€48,039
up €48,039 (+19.8%), from €242,414 to €290,453
- Gross operating margin -€7,763
down €7,763 (-8.4%), from €92,480 to €84,717
- Taxes -€1,693
down €1,693 (-9.6%), from €17,706 to €16,013
- Other operating charges -€1,032
down €1,032 (-21.3%), from €4,837 to €3,805
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.
Cash bridge derived
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 | €498,996 | €1,804,960 | +€1.3m | +261.7% |
| Fixed assets | 21/28 | €135,948 | €1,382,967 | +€1.2m | +917.3% |
| Tangible fixed assets | 22/27 | €135,948 | €1,382,967 | +€1.2m | +917.3% |
| Land and buildings | 22 | €135,948 | €1,382,967 | +€1.2m | +917.3% |
| Current assets | 29/58 | €363,048 | €421,993 | +€58,945 | +16.2% |
| Amounts receivable after more than one year | 29 | - | €6,058 | +€6,058 | |
| Trade receivables | 290 | - | €6,058 | +€6,058 | |
| Current investments | 50/53 | €313,529 | €387,040 | +€73,511 | +23.4% |
| Cash at bank and in hand | 54/58 | €49,519 | €28,895 | -€20,624 | -41.6% |
| Total equity and liabilities | 10/49 | €498,996 | €1,804,960 | +€1.3m | +261.7% |
| Equity | 10/15 | €375,914 | €1,679,221 | +€1.3m | +346.7% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,255,268 | +€1.3m | |
| Reserves | 13 | €15,500 | €15,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,800 | €11,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,800 | €11,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,414 | €290,453 | +€48,039 | +19.8% |
| Amounts payable | 17/49 | €123,082 | €125,739 | +€2,657 | +2.2% |
| Amounts payable within one year | 42/48 | €119,081 | €123,929 | +€4,848 | +4.1% |
| Trade debts | 44 | - | €585 | +€585 | |
| Suppliers | 440/4 | - | €585 | +€585 | |
| Taxes, remuneration and social security | 45 | €2,706 | €1,013 | -€1,693 | -62.6% |
| Taxes | 450/3 | €2,706 | €1,013 | -€1,693 | -62.6% |
| Other amounts payable | 47/48 | €116,375 | €122,331 | +€5,956 | +5.1% |
| Accrued charges and deferred income | 492/3 | €4,001 | €1,810 | -€2,191 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,168 | €8,249 | +€81 | +1.0% |
| Other operating charges | 640/8 | €4,837 | €3,805 | -€1,032 | -21.3% |
| Gross operating margin | 9900 | €92,480 | €84,717 | -€7,763 | -8.4% |
| Operating profit (loss) | 9901 | €79,475 | €72,663 | -€6,812 | -8.6% |
| Financial charges | 65/66B | €8,994 | €8,611 | -€383 | -4.3% |
| Recurring financial charges | 65 | €8,994 | €8,611 | -€383 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €70,481 | €64,052 | -€6,429 | -9.1% |
| Income taxes | 67/77 | €17,706 | €16,013 | -€1,693 | -9.6% |
| Profit (loss) for the period | 9904 | €52,775 | €48,039 | -€4,736 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,775 | €48,039 | -€4,736 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.