SUT-TEC: 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.
SUT-TEC
Largest movements
- Receivables within one year -€22,430
down €22,430 (-42.3%), from €53,021 to €30,591
of which Trade receivables: -€23,952
- Cash +€14,053
up €14,053 (+12.6%), from €111,458 to €125,511
mainly Receivables within one year (+€22,430) and Deferred charges and accrued income (+€1,174)
- Trade debts -€6,277
down €6,277 (-37.5%), from €16,732 to €10,454
- Gross operating margin -€33,121
down €33,121 (-35.2%), from €94,012 to €60,890
- Taxes -€9,406
down €9,406 (-99.2%), from €9,486 to €80
- Staff costs +€2,423
up €2,423 (+4.1%), from €58,994 to €61,417
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 | €166,466 | €158,287 | -€8,179 | -4.9% |
| Current assets | 29/58 | €166,466 | €158,287 | -€8,179 | -4.9% |
| Stocks and contracts in progress | 3 | €753 | €2,124 | +€1,371 | +182% |
| Stocks | 30/36 | €753 | €2,124 | +€1,371 | +182% |
| Amounts receivable within one year | 40/41 | €53,021 | €30,591 | -€22,430 | -42.3% |
| Trade receivables | 40 | €46,146 | €22,193 | -€23,952 | -51.9% |
| Other amounts receivable | 41 | €6,875 | €8,398 | +€1,522 | +22.1% |
| Cash at bank and in hand | 54/58 | €111,458 | €125,511 | +€14,053 | +12.6% |
| Deferred charges and accrued income | 490/1 | €1,234 | €61 | -€1,174 | -95.1% |
| Total equity and liabilities | 10/49 | €166,466 | €158,287 | -€8,179 | -4.9% |
| Equity | 10/15 | €141,165 | €140,349 | -€816 | -0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €121,165 | €121,165 | = | 0.0% |
| Distributable reserves | 133 | €121,165 | €121,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€816 | -€816 | |
| Amounts payable | 17/49 | €25,301 | €17,938 | -€7,363 | -29.1% |
| Amounts payable within one year | 42/48 | €23,841 | €16,478 | -€7,363 | -30.9% |
| Trade debts | 44 | €16,732 | €10,454 | -€6,277 | -37.5% |
| Suppliers | 440/4 | €16,732 | €10,454 | -€6,277 | -37.5% |
| Advances received on contracts in progress | 46 | - | €175 | +€175 | |
| Taxes, remuneration and social security | 45 | €5,109 | €3,802 | -€1,307 | -25.6% |
| Taxes | 450/3 | €2,479 | - | -€2,479 | |
| Remuneration and social security | 454/9 | €2,630 | €3,802 | +€1,172 | +44.6% |
| Other amounts payable | 47/48 | €2,000 | €2,047 | +€46 | +2.3% |
| Accrued charges and deferred income | 492/3 | €1,460 | €1,460 | = | 0.0% |
| Non-recurring operating income | 76A | €320 | €600 | +€280 | +87.5% |
| Remuneration, social security and pensions | 62 | €58,994 | €61,417 | +€2,423 | +4.1% |
| Non-recurring operating charges | 66A | €459 | €107 | -€352 | -76.7% |
| Gross operating margin | 9900 | €94,012 | €60,890 | -€33,121 | -35.2% |
| Operating profit (loss) | 9901 | €34,559 | -€634 | -€35,193 | |
| Financial income | 75/76B | €37 | €161 | +€124 | +336% |
| Recurring financial income | 75 | €37 | €161 | +€124 | +336% |
| Financial charges | 65/66B | €383 | €263 | -€121 | -31.5% |
| Recurring financial charges | 65 | €383 | €263 | -€121 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €34,212 | -€736 | -€34,948 | |
| Income taxes | 67/77 | €9,486 | €80 | -€9,406 | -99.2% |
| Profit (loss) for the period | 9904 | €24,726 | -€816 | -€25,542 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,726 | -€816 | -€25,542 |
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 25 October 2026 via checked.be.