SUSTAiL: 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.
SUSTAiL
Largest movements
- Financial fixed assets +€18,750
new in 2025: €18,750
- Receivables within one year +€11,253
up €11,253 (+53.7%), from €20,954 to €32,207
of which Trade receivables: +€11,253
- Cash +€5,102
up €5,102 (+600%), from €851 to €5,953
mainly Net result for the year (+€30,875) and Tax, wage and social debts (+€4,427)
- Profit (loss) carried forward +€30,042
up €30,042 (+241%), from €12,485 to €42,527
- Tax, wage and social debts +€4,427
up €4,427 (+88.4%), from €5,005 to €9,432
- Other debts +€776
up €776 (+23.0%), from €3,369 to €4,145
- Gross operating margin +€24,766
up €24,766 (+132%), from €18,699 to €43,465
- Taxes +€6,875
up €6,875 (+176%), from €3,903 to €10,778
- Depreciation +€457
up €457 (+123%), from €372 to €829
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 | €24,149 | €59,287 | +€35,138 | +146% |
| Fixed assets | 21/28 | €1,445 | €20,233 | +€18,788 | +1,300% |
| Tangible fixed assets | 22/27 | €1,445 | €1,483 | +€38 | +2.6% |
| Furniture and vehicles | 24 | €1,445 | €1,483 | +€38 | +2.6% |
| Financial fixed assets | 28 | - | €18,750 | +€18,750 | |
| Current assets | 29/58 | €22,704 | €39,054 | +€16,350 | +72.0% |
| Amounts receivable within one year | 40/41 | €20,954 | €32,207 | +€11,253 | +53.7% |
| Trade receivables | 40 | €20,207 | €31,460 | +€11,253 | +55.7% |
| Other amounts receivable | 41 | €747 | €747 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €851 | €5,953 | +€5,102 | +600% |
| Deferred charges and accrued income | 490/1 | €899 | €894 | -€5 | -0.5% |
| Total equity and liabilities | 10/49 | €24,149 | €59,287 | +€35,138 | +146% |
| Equity | 10/15 | €15,235 | €45,277 | +€30,042 | +197% |
| Contributions | 10/11 | €2,750 | €2,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,485 | €42,527 | +€30,042 | +241% |
| Amounts payable | 17/49 | €8,914 | €14,010 | +€5,096 | +57.2% |
| Amounts payable within one year | 42/48 | €8,914 | €14,010 | +€5,096 | +57.2% |
| Trade debts | 44 | €539 | €432 | -€107 | -19.9% |
| Suppliers | 440/4 | €539 | €432 | -€107 | -19.9% |
| Taxes, remuneration and social security | 45 | €5,005 | €9,432 | +€4,427 | +88.4% |
| Taxes | 450/3 | €5,005 | €9,432 | +€4,427 | +88.4% |
| Other amounts payable | 47/48 | €3,369 | €4,145 | +€776 | +23.0% |
| Remuneration, social security and pensions | 62 | €179 | €258 | +€79 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €829 | +€457 | +123% |
| Other operating charges | 640/8 | €224 | €62 | -€162 | -72.3% |
| Gross operating margin | 9900 | €18,699 | €43,465 | +€24,766 | +132% |
| Operating profit (loss) | 9901 | €17,924 | €42,316 | +€24,391 | +136% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €677 | €670 | -€8 | -1.2% |
| Recurring financial charges | 65 | €677 | €670 | -€8 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €17,247 | €41,652 | +€24,405 | +142% |
| Income taxes | 67/77 | €3,903 | €10,778 | +€6,875 | +176% |
| Profit (loss) for the period | 9904 | €13,344 | €30,875 | +€17,531 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €13,344 | €30,875 | +€17,531 | +131% |
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 18 October 2026 via checked.be.