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SWEET BRICK: what changed

Two financial 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.

What changed

SWEET BRICK

BE 0466.930.086
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€20,250
2024 · -€27,245+€6,995
Equity
-€742
2024 · €19,508-€20,250
Cash
€547
2024 · €7,945-€7,398
Balance sheet total
€318,308
2024 · €339,868-€21,559

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€14,163

    down €14,163 (-4.3%), from €331,733 to €317,570

    of which Land and buildings: -€14,555

  • Cash -€7,398

    down €7,398 (-93.1%), from €7,945 to €547

    mainly Debts after one year (-€20,799) and Net result for the year (-€20,250)

Equity and liabilities
  • Debts after one year -€20,799

    down €20,799 (-46.8%), from €44,410 to €23,612

  • Profit (loss) carried forward -€20,250

    down €20,250 (-18.0%), from -€112,263 to -€132,513

  • Other debts +€10,297

    up €10,297 (+4.3%), from €241,207 to €251,504

  • Trade debts +€4,852

    up €4,852 (+1,392%), from €348 to €5,200

Income statement
  • Financial charges -€4,132

    down €4,132 (-32.6%), from €12,667 to €8,535

    of which Non-recurring financial charges: -€3,580

  • Gross operating margin +€3,334

    up €3,334 (+47.0%), from €7,090 to €10,424

  • Depreciation +€417

    up €417 (+2.3%), from €17,837 to €18,254

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€27,245
Gross operating margin +€3,334
Depreciation -€417
Other operating charges -€55
Financial charges +€4,132
Result 2025 -€20,250
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€18,196
Investment -€4,091
Financing -€21,502
Cash 2024 €7,945
Net result for the year -€20,250
Depreciation +€18,254
Deferred charges and accrued income -€1
Trade debts +€4,852
Tax, wage and social debts +€1,726
Other debts +€10,297
Accrued charges and deferred income +€3,319
Investment in fixed assets (net) -€4,091
Debts after one year -€20,799
Current portion of long-term debt -€704
Cash 2025 €547
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €339,868 €318,308 -€21,559 -6.3%
Fixed assets 21/28 €331,733 €317,570 -€14,163 -4.3%
Tangible fixed assets 22/27 €331,733 €317,570 -€14,163 -4.3%
Land and buildings 22 €330,346 €315,791 -€14,555 -4.4%
Furniture and vehicles 24 €1,388 €1,779 +€392 +28.2%
Current assets 29/58 €8,134 €738 -€7,396 -90.9%
Cash at bank and in hand 54/58 €7,945 €547 -€7,398 -93.1%
Deferred charges and accrued income 490/1 €190 €191 +€1 +0.7%
Total equity and liabilities 10/49 €339,868 €318,308 -€21,559 -6.3%
Equity 10/15 €19,508 -€742 -€20,250
Contributions 10/11 €95,000 €95,000 = 0.0%
Reserves 13 €36,771 €36,771 = 0.0%
Non-distributable reserves 130/1 €6,750 €6,750 = 0.0%
Reserves not available under the articles 1311 €6,750 €6,750 = 0.0%
Distributable reserves 133 €30,021 €30,021 = 0.0%
Profit (loss) carried forward 14 -€112,263 -€132,513 -€20,250 -18.0%
Amounts payable 17/49 €320,360 €319,050 -€1,310 -0.4%
Amounts payable after more than one year 17 €44,410 €23,612 -€20,799 -46.8%
Financial debts 170/4 €44,410 €23,612 -€20,799 -46.8%
Amounts payable within one year 42/48 €275,950 €292,120 +€16,171 +5.9%
Current portion of amounts payable after more than one year 42 €21,502 €20,799 -€704 -3.3%
Trade debts 44 €348 €5,200 +€4,852 +1,392%
Suppliers 440/4 €348 €5,200 +€4,852 +1,392%
Taxes, remuneration and social security 45 €12,892 €14,618 +€1,726 +13.4%
Taxes 450/3 €12,892 €14,618 +€1,726 +13.4%
Other amounts payable 47/48 €241,207 €251,504 +€10,297 +4.3%
Accrued charges and deferred income 492/3 - €3,319 +€3,319
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,837 €18,254 +€417 +2.3%
Other operating charges 640/8 €3,830 €3,885 +€55 +1.4%
Gross operating margin 9900 €7,090 €10,424 +€3,334 +47.0%
Operating profit (loss) 9901 -€14,577 -€11,715 +€2,862 +19.6%
Financial charges 65/66B €12,667 €8,535 -€4,132 -32.6%
Recurring financial charges 65 €9,087 €8,535 -€552 -6.1%
Non-recurring financial charges 66B €3,580 - -€3,580
Profit (loss) for the period before taxes 9903 -€27,245 -€20,250 +€6,995 +25.7%
Profit (loss) for the period 9904 -€27,245 -€20,250 +€6,995 +25.7%
Profit (loss) for the period to be appropriated 9905 -€27,245 -€20,250 +€6,995 +25.7%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.