SUTTELS CONSULTING & MANAGEMENT: what changed
SUTTELS CONSULTING & MANAGEMENT
Largest movements
- Tangible fixed assets -€35,794
down €35,794 (-5.3%), from €674,895 to €639,101
of which Furniture and vehicles: -€34,937
- Cash +€17,630
up €17,630 (+142%), from €12,398 to €30,028
mainly Depreciation (+€54,069) and Other debts (+€24,199)
- Receivables within one year -€11,807
down €11,807 (-29.9%), from €39,476 to €27,669
of which Trade receivables: -€23,764
- Debts after one year -€52,234
down €52,234 (-15.3%), from €341,611 to €289,377
of which Financial debts: -€52,234
- Other debts +€24,199
up €24,199 (+30.2%), from €80,231 to €104,430
- Current portion of long-term debt -€10,258
down €10,258 (-12.5%), from €81,881 to €71,622
- Trade debts +€10,200
up €10,200 (+661%), from €1,543 to €11,743
- Gross operating margin -€29,152
down €29,152 (-27.4%), from €106,571 to €77,420
- Financial income -€19,539
down €19,539 (-97.0%), from €20,140 to €601
of which Non-recurring financial income: -€19,516
- Taxes -€18,564
down €18,564 (-85.9%), from €21,607 to €3,043
- Depreciation +€16,530
up €16,530 (+44.0%), from €37,539 to €54,069
- Financial charges +€2,581
up €2,581 (+28.5%), from €9,055 to €11,637
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €732,471 | €702,897 | -€29,574 | -4.0% |
| Fixed assets | 21/28 | €674,895 | €639,101 | -€35,794 | -5.3% |
| Tangible fixed assets | 22/27 | €674,895 | €639,101 | -€35,794 | -5.3% |
| Land and buildings | 22 | €514,294 | €503,809 | -€10,485 | -2.0% |
| Plant, machinery and equipment | 23 | €4,487 | €14,114 | +€9,627 | +215% |
| Furniture and vehicles | 24 | €156,114 | €121,178 | -€34,937 | -22.4% |
| Current assets | 29/58 | €57,576 | €63,796 | +€6,221 | +10.8% |
| Amounts receivable within one year | 40/41 | €39,476 | €27,669 | -€11,807 | -29.9% |
| Trade receivables | 40 | €39,476 | €15,713 | -€23,764 | -60.2% |
| Other amounts receivable | 41 | - | €11,957 | +€11,957 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,398 | €30,028 | +€17,630 | +142% |
| Deferred charges and accrued income | 490/1 | €5,452 | €5,850 | +€398 | +7.3% |
| Total equity and liabilities | 10/49 | €732,471 | €702,897 | -€29,574 | -4.0% |
| Equity | 10/15 | €205,041 | €208,959 | +€3,918 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,441 | €190,359 | +€3,918 | +2.1% |
| Distributable reserves | 133 | €186,441 | €190,359 | +€3,918 | +2.1% |
| Amounts payable | 17/49 | €527,430 | €493,938 | -€33,491 | -6.3% |
| Amounts payable after more than one year | 17 | €341,611 | €289,377 | -€52,234 | -15.3% |
| Financial debts | 170/4 | €334,111 | €281,877 | -€52,234 | -15.6% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €183,818 | €202,562 | +€18,743 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €81,881 | €71,622 | -€10,258 | -12.5% |
| Trade debts | 44 | €1,543 | €11,743 | +€10,200 | +661% |
| Suppliers | 440/4 | €1,543 | €11,743 | +€10,200 | +661% |
| Taxes, remuneration and social security | 45 | €20,163 | €14,766 | -€5,397 | -26.8% |
| Taxes | 450/3 | €20,163 | €14,766 | -€5,397 | -26.8% |
| Other amounts payable | 47/48 | €80,231 | €104,430 | +€24,199 | +30.2% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,539 | €54,069 | +€16,530 | +44.0% |
| Other operating charges | 640/8 | €5,191 | €5,353 | +€162 | +3.1% |
| Gross operating margin | 9900 | €106,571 | €77,420 | -€29,152 | -27.4% |
| Operating profit (loss) | 9901 | €63,841 | €17,997 | -€45,844 | -71.8% |
| Financial income | 75/76B | €20,140 | €601 | -€19,539 | -97.0% |
| Recurring financial income | 75 | €45 | €22 | -€23 | -50.9% |
| Non-recurring financial income | 76B | €20,095 | €579 | -€19,516 | -97.1% |
| Financial charges | 65/66B | €9,055 | €11,637 | +€2,581 | +28.5% |
| Recurring financial charges | 65 | €9,055 | €11,637 | +€2,581 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €74,925 | €6,961 | -€67,964 | -90.7% |
| Income taxes | 67/77 | €21,607 | €3,043 | -€18,564 | -85.9% |
| Profit (loss) for the period | 9904 | €53,318 | €3,918 | -€49,400 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,318 | €3,918 | -€49,400 | -92.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.