SUTLAB: 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.
SUTLAB
Largest movements
- Tangible fixed assets -€7,648
down €7,648 (-2.8%), from €277,172 to €269,524
- Debts after one year -€177,316
no longer reported in 2025 (was €177,316)
- Current portion of long-term debt +€177,316
new in 2025: €177,316
- Profit (loss) carried forward -€40,571
down €40,571 (-35.4%), from -€114,671 to -€155,242
- Other debts +€28,315
up €28,315 (+254.1%), from €11,144 to €39,459
- Trade debts +€3,721
up €3,721 (+2190.0%), from €170 to €3,891
- Financial charges +€6,439
up €6,439 (+398.5%), from €1,616 to €8,055
- Gross operating margin +€4,097
up €4,097 (+53.7%), from -€7,631 to -€3,535
- Other operating charges -€2,088
down €2,088 (-37.5%), from €5,574 to €3,485
- Depreciation -€687
down €687 (-2.6%), from €26,182 to €25,495
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.
Cash bridge derived
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 | €278,678 | €270,049 | -€8,629 | -3.1% |
| Fixed assets | 21/28 | €277,172 | €269,524 | -€7,648 | -2.8% |
| Tangible fixed assets | 22/27 | €277,172 | €269,524 | -€7,648 | -2.8% |
| Land and buildings | 22 | €277,172 | €269,524 | -€7,648 | -2.8% |
| Current assets | 29/58 | €1,506 | €524 | -€982 | -65.2% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61 | €176 | +€116 | +189.8% |
| Deferred charges and accrued income | 490/1 | €1,445 | €348 | -€1,097 | -75.9% |
| Total equity and liabilities | 10/49 | €278,678 | €270,049 | -€8,629 | -3.1% |
| Equity | 10/15 | €89,348 | €48,777 | -€40,571 | -45.4% |
| Contributions | 10/11 | €74,943 | €74,943 | = | 0.0% |
| Reserves | 13 | €129,076 | €129,076 | = | 0.0% |
| Distributable reserves | 133 | €129,076 | €129,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,671 | -€155,242 | -€40,571 | -35.4% |
| Amounts payable | 17/49 | €189,330 | €221,271 | +€31,941 | +16.9% |
| Amounts payable after more than one year | 17 | €177,316 | - | -€177,316 | |
| Financial debts | 170/4 | €177,316 | - | -€177,316 | |
| Amounts payable within one year | 42/48 | €11,313 | €220,666 | +€209,353 | +1850.5% |
| Current portion of amounts payable after more than one year | 42 | - | €177,316 | +€177,316 | |
| Trade debts | 44 | €170 | €3,891 | +€3,721 | +2190.0% |
| Suppliers | 440/4 | €170 | €3,891 | +€3,721 | +2190.0% |
| Other amounts payable | 47/48 | €11,144 | €39,459 | +€28,315 | +254.1% |
| Accrued charges and deferred income | 492/3 | €700 | €605 | -€95 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,182 | €25,495 | -€687 | -2.6% |
| Other operating charges | 640/8 | €5,574 | €3,485 | -€2,088 | -37.5% |
| Gross operating margin | 9900 | -€7,631 | -€3,535 | +€4,097 | +53.7% |
| Operating profit (loss) | 9901 | -€39,388 | -€32,516 | +€6,872 | +17.4% |
| Financial charges | 65/66B | €1,616 | €8,055 | +€6,439 | +398.5% |
| Recurring financial charges | 65 | €1,616 | €8,055 | +€6,439 | +398.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,003 | -€40,571 | +€433 | +1.1% |
| Profit (loss) for the period | 9904 | -€41,003 | -€40,571 | +€433 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,003 | -€40,571 | +€433 | +1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.