SUTTO: what changed
SUTTO
Largest movements
- Tangible fixed assets +€29,785
up €29,785 (+95.2%), from €31,275 to €61,060
of which Leasing and similar rights: +€27,978
- Cash +€22,992
up €22,992 (+396%), from €5,813 to €28,805
mainly Other debts (+€27,006) and Net result for the year (+€23,260)
- Receivables within one year +€12,515
up €12,515 (+34.8%), from €36,000 to €48,515
of which Other amounts receivable: +€27,317
- Deferred charges and accrued income -€3,923
down €3,923 (-24.3%), from €16,115 to €12,193
- Financial fixed assets +€2,500
up €2,500 (+10.0%), from €25,000 to €27,500
- Other debts +€27,006
up €27,006 (+9,719%), from €278 to €27,284
- Reserves +€23,000
up €23,000 (+32.9%), from €70,000 to €93,000
- Debts after one year +€12,531
up €12,531 (+181%), from €6,921 to €19,452
- Current portion of long-term debt +€5,064
up €5,064 (+49.7%), from €10,187 to €15,251
- Accrued charges and deferred income -€2,612
no longer reported in 2025 (was €2,612)
- Turnover +€146,099
new in 2025: €146,099
- Purchases and services +€96,014
new in 2025: €96,014
- Depreciation +€10,208
up €10,208 (+139%), from €7,321 to €17,529
- Gross operating margin -€5,438
down €5,438 (-9.4%), from €57,907 to €52,468
- Taxes +€4,235
up €4,235 (+131%), from €3,243 to €7,478
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 | €114,203 | €178,073 | +€63,869 | +55.9% |
| Fixed assets | 21/28 | €56,275 | €88,560 | +€32,285 | +57.4% |
| Tangible fixed assets | 22/27 | €31,275 | €61,060 | +€29,785 | +95.2% |
| Plant, machinery and equipment | 23 | €29,301 | €30,279 | +€978 | +3.3% |
| Furniture and vehicles | 24 | €1,974 | €2,803 | +€829 | +42.0% |
| Leasing and similar rights | 25 | - | €27,978 | +€27,978 | |
| Financial fixed assets | 28 | €25,000 | €27,500 | +€2,500 | +10.0% |
| Current assets | 29/58 | €57,928 | €89,512 | +€31,584 | +54.5% |
| Amounts receivable within one year | 40/41 | €36,000 | €48,515 | +€12,515 | +34.8% |
| Trade receivables | 40 | €31,000 | €16,198 | -€14,802 | -47.7% |
| Other amounts receivable | 41 | €5,000 | €32,317 | +€27,317 | +546% |
| Cash at bank and in hand | 54/58 | €5,813 | €28,805 | +€22,992 | +396% |
| Deferred charges and accrued income | 490/1 | €16,115 | €12,193 | -€3,923 | -24.3% |
| Total equity and liabilities | 10/49 | €114,203 | €178,073 | +€63,869 | +55.9% |
| Equity | 10/15 | €81,587 | €104,846 | +€23,260 | +28.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €93,000 | +€23,000 | +32.9% |
| Distributable reserves | 133 | €70,000 | €93,000 | +€23,000 | +32.9% |
| Profit (loss) carried forward | 14 | €8,587 | €8,846 | +€260 | +3.0% |
| Amounts payable | 17/49 | €32,616 | €73,226 | +€40,610 | +125% |
| Amounts payable after more than one year | 17 | €6,921 | €19,452 | +€12,531 | +181% |
| Financial debts | 170/4 | €6,921 | €19,452 | +€12,531 | +181% |
| Amounts payable within one year | 42/48 | €23,083 | €53,774 | +€30,690 | +133% |
| Current portion of amounts payable after more than one year | 42 | €10,187 | €15,251 | +€5,064 | +49.7% |
| Trade debts | 44 | €5,051 | €3,028 | -€2,023 | -40.0% |
| Suppliers | 440/4 | €5,051 | €3,028 | -€2,023 | -40.0% |
| Taxes, remuneration and social security | 45 | €7,567 | €8,211 | +€643 | +8.5% |
| Taxes | 450/3 | €7,567 | €8,211 | +€643 | +8.5% |
| Other amounts payable | 47/48 | €278 | €27,284 | +€27,006 | +9,719% |
| Accrued charges and deferred income | 492/3 | €2,612 | - | -€2,612 | |
| Turnover | 70 | - | €146,099 | +€146,099 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €96,014 | +€96,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,321 | €17,529 | +€10,208 | +139% |
| Other operating charges | 640/8 | €451 | €678 | +€227 | +50.3% |
| Gross operating margin | 9900 | €57,907 | €52,468 | -€5,438 | -9.4% |
| Operating profit (loss) | 9901 | €50,135 | €34,262 | -€15,873 | -31.7% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €5,138 | €3,524 | -€1,614 | -31.4% |
| Recurring financial charges | 65 | €5,138 | €3,524 | -€1,614 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €45,006 | €30,737 | -€14,268 | -31.7% |
| Income taxes | 67/77 | €3,243 | €7,478 | +€4,235 | +131% |
| Profit (loss) for the period | 9904 | €41,763 | €23,260 | -€18,503 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,763 | €23,260 | -€18,503 | -44.3% |
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 7 November 2026 via checked.be.