SUTU: 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.
SUTU
Largest movements
- Receivables within one year +€14,960
up €14,960 (+38.3%), from €39,014 to €53,974
of which Trade receivables: +€14,960
- Tangible fixed assets -€13,251
down €13,251 (-14.1%), from €93,755 to €80,504
of which Furniture and vehicles: -€26,022
- Cash -€7,630
down €7,630 (-63.0%), from €12,102 to €4,473
mainly Current portion of long-term debt (-€24,331) and Receivables within one year (-€14,960)
- Deferred charges and accrued income -€6,633
down €6,633 (-70.4%), from €9,427 to €2,795
- Stocks and contracts +€2,465
up €2,465 (+130.9%), from €1,883 to €4,348
- Current portion of long-term debt -€24,331
down €24,331 (-28.2%), from €86,322 to €61,990
- Profit (loss) carried forward +€12,921
up €12,921 (+56.1%), from €23,036 to €35,958
- Other debts -€5,050
down €5,050 (-49.2%), from €10,263 to €5,213
- Short-term financial debts +€4,503
new in 2024: €4,503
- Tax, wage and social debts +€2,767
up €2,767 (+94.2%), from €2,938 to €5,705
- Gross operating margin +€30,240
up €30,240 (+144.4%), from €20,936 to €51,176
- Depreciation +€6,736
up €6,736 (+34.2%), from €19,715 to €26,451
- Taxes +€3,647
up €3,647 (+1583.5%), from €230 to €3,877
- Other operating charges +€2,055
up €2,055 (+275.1%), from €747 to €2,801
- Financial charges +€1,272
up €1,272 (+36.9%), from €3,448 to €4,719
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,183 | €146,123 | -€10,060 | -6.4% |
| Fixed assets | 21/28 | €93,755 | €80,534 | -€13,222 | -14.1% |
| Tangible fixed assets | 22/27 | €93,755 | €80,504 | -€13,251 | -14.1% |
| Plant, machinery and equipment | 23 | €750 | €13,522 | +€12,771 | +1701.8% |
| Furniture and vehicles | 24 | €93,005 | €66,983 | -€26,022 | -28.0% |
| Financial fixed assets | 28 | - | €30 | +€30 | |
| Current assets | 29/58 | €62,427 | €65,589 | +€3,162 | +5.1% |
| Stocks and contracts in progress | 3 | €1,883 | €4,348 | +€2,465 | +130.9% |
| Stocks | 30/36 | €1,883 | €4,348 | +€2,465 | +130.9% |
| Amounts receivable within one year | 40/41 | €39,014 | €53,974 | +€14,960 | +38.3% |
| Trade receivables | 40 | €37,958 | €52,918 | +€14,960 | +39.4% |
| Other amounts receivable | 41 | €1,056 | €1,056 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,102 | €4,473 | -€7,630 | -63.0% |
| Deferred charges and accrued income | 490/1 | €9,427 | €2,795 | -€6,633 | -70.4% |
| Total equity and liabilities | 10/49 | €156,183 | €146,123 | -€10,060 | -6.4% |
| Equity | 10/15 | €43,496 | €56,418 | +€12,921 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,036 | €35,958 | +€12,921 | +56.1% |
| Amounts payable | 17/49 | €112,687 | €89,706 | -€22,981 | -20.4% |
| Amounts payable within one year | 42/48 | €112,687 | €89,706 | -€22,981 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €86,322 | €61,990 | -€24,331 | -28.2% |
| Financial debts | 43 | - | €4,503 | +€4,503 | |
| Credit institutions | 430/8 | - | €4,503 | +€4,503 | |
| Trade debts | 44 | €13,165 | €12,295 | -€870 | -6.6% |
| Suppliers | 440/4 | €13,110 | €12,295 | -€816 | -6.2% |
| Bills of exchange payable | 441 | €55 | - | -€55 | |
| Taxes, remuneration and social security | 45 | €2,938 | €5,705 | +€2,767 | +94.2% |
| Taxes | 450/3 | €2,938 | €5,705 | +€2,767 | +94.2% |
| Other amounts payable | 47/48 | €10,263 | €5,213 | -€5,050 | -49.2% |
| Remuneration, social security and pensions | 62 | - | €502 | +€502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,715 | €26,451 | +€6,736 | +34.2% |
| Other operating charges | 640/8 | €747 | €2,801 | +€2,055 | +275.1% |
| Gross operating margin | 9900 | €20,936 | €51,176 | +€30,240 | +144.4% |
| Operating profit (loss) | 9901 | €474 | €21,421 | +€20,947 | +4415.3% |
| Financial income | 75/76B | - | €96 | +€96 | |
| Recurring financial income | 75 | - | €96 | +€96 | |
| Financial charges | 65/66B | €3,448 | €4,719 | +€1,272 | +36.9% |
| Recurring financial charges | 65 | €3,448 | €4,719 | +€1,272 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,973 | €16,798 | +€19,771 | |
| Income taxes | 67/77 | €230 | €3,877 | +€3,647 | +1583.5% |
| Profit (loss) for the period | 9904 | -€3,203 | €12,921 | +€16,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,203 | €12,921 | +€16,125 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.