SUVAN: 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.
SUVAN
Largest movements
- Deferred charges and accrued income -€120,080
down €120,080 (-93.6%), from €128,286 to €8,206
- Intangible fixed assets -€113,680
down €113,680 (-81.8%), from €138,939 to €25,259
- Tangible fixed assets -€19,470
down €19,470 (-8.8%), from €221,978 to €202,508
of which Land and buildings: -€18,170
- Profit (loss) carried forward -€321,064
down €321,064 (-430.2%), from -€74,639 to -€395,703
- Trade debts +€145,876
up €145,876 (+16.4%), from €887,050 to €1.0m
- Debts after one year -€56,360
down €56,360 (-29.8%), from €188,967 to €132,607
- Current portion of long-term debt -€16,071
down €16,071 (-42.2%), from €38,059 to €21,988
- Gross operating margin -€188,760
down €188,760 (-35.9%), from €525,972 to €337,212
- Depreciation +€78,511
up €78,511 (+104.9%), from €74,838 to €153,349
- Other operating charges +€16,724
up €16,724 (+110.3%), from €15,160 to €31,884
- Financial charges +€14,183
up €14,183 (+89.4%), from €15,860 to €30,043
of which Financial charges: +€14,183
- Staff costs -€11,492
down €11,492 (-2.5%), from €454,471 to €442,979
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,210,166 | €967,766 | -€242,400 | -20.0% |
| Fixed assets | 21/28 | €361,002 | €227,852 | -€133,150 | -36.9% |
| Intangible fixed assets | 21 | €138,939 | €25,259 | -€113,680 | -81.8% |
| Tangible fixed assets | 22/27 | €221,978 | €202,508 | -€19,470 | -8.8% |
| Land and buildings | 22 | €198,711 | €180,541 | -€18,170 | -9.1% |
| Plant, machinery and equipment | 23 | €22,836 | €21,003 | -€1,833 | -8.0% |
| Furniture and vehicles | 24 | €431 | €964 | +€533 | +123.9% |
| Financial fixed assets | 28 | €85 | €85 | +€0 | +0.2% |
| Current assets | 29/58 | €849,164 | €739,914 | -€109,250 | -12.9% |
| Stocks and contracts in progress | 3 | €459,907 | €461,298 | +€1,391 | +0.3% |
| Stocks | 30/36 | €459,907 | €461,298 | +€1,391 | +0.3% |
| Amounts receivable within one year | 40/41 | €106,782 | €110,631 | +€3,849 | +3.6% |
| Trade receivables | 40 | €17,765 | €4,267 | -€13,498 | -76.0% |
| Other amounts receivable | 41 | €89,017 | €106,364 | +€17,347 | +19.5% |
| Cash at bank and in hand | 54/58 | €154,189 | €159,779 | +€5,590 | +3.6% |
| Deferred charges and accrued income | 490/1 | €128,286 | €8,206 | -€120,080 | -93.6% |
| Total equity and liabilities | 10/49 | €1,210,166 | €967,766 | -€242,400 | -20.0% |
| Equity | 10/15 | €12,361 | -€308,703 | -€321,064 | |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,639 | -€395,703 | -€321,064 | -430.2% |
| Amounts payable | 17/49 | €1,197,805 | €1,276,469 | +€78,664 | +6.6% |
| Amounts payable after more than one year | 17 | €188,967 | €132,607 | -€56,360 | -29.8% |
| Financial debts | 170/4 | €188,967 | €132,607 | -€56,360 | -29.8% |
| Amounts payable within one year | 42/48 | €1,008,838 | €1,143,862 | +€135,024 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €38,059 | €21,988 | -€16,071 | -42.2% |
| Financial debts | 43 | €38,141 | €40,470 | +€2,329 | +6.1% |
| Credit institutions | 430/8 | €38,141 | €40,470 | +€2,329 | +6.1% |
| Trade debts | 44 | €887,050 | €1,032,926 | +€145,876 | +16.4% |
| Suppliers | 440/4 | €887,050 | €1,032,926 | +€145,876 | +16.4% |
| Taxes, remuneration and social security | 45 | €20,552 | €23,443 | +€2,891 | +14.1% |
| Taxes | 450/3 | €623 | €2,456 | +€1,833 | +293.9% |
| Remuneration and social security | 454/9 | €19,929 | €20,987 | +€1,058 | +5.3% |
| Other amounts payable | 47/48 | €25,035 | €25,035 | = | 0.0% |
| Non-recurring operating income | 76A | €36 | - | -€36 | |
| Remuneration, social security and pensions | 62 | €454,471 | €442,979 | -€11,492 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,838 | €153,349 | +€78,511 | +104.9% |
| Other operating charges | 640/8 | €15,160 | €31,884 | +€16,724 | +110.3% |
| Gross operating margin | 9900 | €525,972 | €337,212 | -€188,760 | -35.9% |
| Operating profit (loss) | 9901 | -€18,496 | -€291,000 | -€272,504 | -1473.3% |
| Financial income | 75/76B | €371 | €237 | -€134 | -36.1% |
| Recurring financial income | 75 | €371 | €237 | -€134 | -36.1% |
| Financial charges | 65/66B | €15,860 | €30,043 | +€14,183 | +89.4% |
| Recurring financial charges | 65 | €15,860 | €30,043 | +€14,183 | +89.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€33,986 | -€320,806 | -€286,820 | -843.9% |
| Income taxes | 67/77 | €0 | €258 | +€258 | |
| Profit (loss) for the period | 9904 | -€33,986 | -€321,064 | -€287,078 | -844.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,986 | -€321,064 | -€287,078 | -844.7% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.