SUSTAINEER: 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.
SUSTAINEER
Largest movements
- Cash +€23,511
up €23,511 (+30.5%), from €77,019 to €100,530
mainly Net result for the year (+€77,534) and Depreciation (+€14,857)
- Tangible fixed assets -€14,857
down €14,857 (-8.6%), from €173,077 to €158,220
of which Land and buildings: -€7,500
- Profit (loss) carried forward +€76,701
new in 2025: €76,701
- Reserves -€63,319
down €63,319 (-33.2%), from €190,703 to €127,384
of which Distributable reserves: -€61,459
- Tax, wage and social debts -€9,567
down €9,567 (-64.4%), from €14,863 to €5,296
- Trade debts +€4,233
up €4,233 (+158%), from €2,672 to €6,905
- Gross operating margin +€19,628
up €19,628 (+20.2%), from €97,229 to €116,857
- Financial charges -€2,585
down €2,585 (-41.3%), from €6,255 to €3,670
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 | €288,905 | €299,595 | +€10,690 | +3.7% |
| Fixed assets | 21/28 | €173,077 | €158,220 | -€14,857 | -8.6% |
| Tangible fixed assets | 22/27 | €173,077 | €158,220 | -€14,857 | -8.6% |
| Land and buildings | 22 | €93,884 | €86,384 | -€7,500 | -8.0% |
| Plant, machinery and equipment | 23 | €79,193 | €71,837 | -€7,357 | -9.3% |
| Current assets | 29/58 | €115,828 | €141,375 | +€25,547 | +22.1% |
| Amounts receivable within one year | 40/41 | €38,810 | €40,845 | +€2,035 | +5.2% |
| Trade receivables | 40 | €38,106 | €39,906 | +€1,800 | +4.7% |
| Other amounts receivable | 41 | €704 | €939 | +€235 | +33.4% |
| Cash at bank and in hand | 54/58 | €77,019 | €100,530 | +€23,511 | +30.5% |
| Total equity and liabilities | 10/49 | €288,905 | €299,595 | +€10,690 | +3.7% |
| Equity | 10/15 | €209,303 | €222,684 | +€13,381 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,703 | €127,384 | -€63,319 | -33.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €188,843 | €127,384 | -€61,459 | -32.5% |
| Profit (loss) carried forward | 14 | - | €76,701 | +€76,701 | |
| Amounts payable | 17/49 | €79,602 | €76,911 | -€2,691 | -3.4% |
| Amounts payable after more than one year | 17 | €53,998 | €55,692 | +€1,695 | +3.1% |
| Financial debts | 170/4 | €53,998 | €55,692 | +€1,695 | +3.1% |
| Amounts payable within one year | 42/48 | €25,604 | €21,218 | -€4,386 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €7,896 | €8,305 | +€409 | +5.2% |
| Financial debts | 43 | €52 | €252 | +€200 | +387% |
| Credit institutions | 430/8 | €52 | €252 | +€200 | +387% |
| Trade debts | 44 | €2,672 | €6,905 | +€4,233 | +158% |
| Suppliers | 440/4 | €2,672 | €6,905 | +€4,233 | +158% |
| Taxes, remuneration and social security | 45 | €14,863 | €5,296 | -€9,567 | -64.4% |
| Taxes | 450/3 | €14,863 | €5,296 | -€9,567 | -64.4% |
| Other amounts payable | 47/48 | €121 | €460 | +€339 | +280% |
| Non-recurring operating income | 76A | €2,480 | - | -€2,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,043 | €14,857 | -€186 | -1.2% |
| Other operating charges | 640/8 | €1,447 | €819 | -€628 | -43.4% |
| Gross operating margin | 9900 | €97,229 | €116,857 | +€19,628 | +20.2% |
| Operating profit (loss) | 9901 | €80,739 | €101,181 | +€20,443 | +25.3% |
| Financial charges | 65/66B | €6,255 | €3,670 | -€2,585 | -41.3% |
| Recurring financial charges | 65 | €6,255 | €3,670 | -€2,585 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €74,484 | €97,512 | +€23,027 | +30.9% |
| Income taxes | 67/77 | €20,627 | €19,978 | -€649 | -3.1% |
| Profit (loss) for the period | 9904 | €53,858 | €77,534 | +€23,676 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,858 | €77,534 | +€23,676 | +44.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.