SWEET MANAGEMENT: 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.
SWEET MANAGEMENT
Largest movements
- Deferred charges and accrued income +€7,644
up €7,644 (+3,744%), from €204 to €7,848
- Tangible fixed assets -€4,875
down €4,875 (-56.6%), from €8,611 to €3,736
- Receivables within one year +€4,492
up €4,492 (+1,975%), from €227 to €4,719
of which Trade receivables: +€4,492
- Stocks and contracts +€1,068
up €1,068 (+18.6%), from €5,745 to €6,813
- Cash -€344
down €344 (-14.7%), from €2,337 to €1,993
mainly Debts after one year (-€8,100) and Other debts (-€7,932)
- Profit (loss) carried forward +€18,561
up €18,561 (+16.5%), from -€112,704 to -€94,143
- Debts after one year -€8,100
no longer reported in 2025 (was €8,100)
- Other debts -€7,932
down €7,932 (-28.4%), from €27,895 to €19,963
- Trade debts +€4,414
up €4,414 (+42.4%), from €10,399 to €14,813
- Short-term financial debts +€1,136
up €1,136 (+43.1%), from €2,634 to €3,770
- Gross operating margin +€4,025
up €4,025 (+15.6%), from €25,759 to €29,784
- Financial charges +€1,427
up €1,427 (+121%), from €1,176 to €2,603
- Depreciation -€1,202
down €1,202 (-23.7%), from €5,080 to €3,878
- Other operating charges +€1,052
up €1,052 (+111%), from €948 to €2,000
- Staff costs +€634
up €634 (+31.2%), from €2,035 to €2,669
From the 2024 result to the 2025 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,488 | €25,472 | +€7,985 | +45.7% |
| Fixed assets | 21/28 | €8,974 | €4,099 | -€4,875 | -54.3% |
| Tangible fixed assets | 22/27 | €8,611 | €3,736 | -€4,875 | -56.6% |
| Plant, machinery and equipment | 23 | €4,337 | €2,789 | -€1,548 | -35.7% |
| Furniture and vehicles | 24 | €2,859 | €592 | -€2,267 | -79.3% |
| Other tangible fixed assets | 26 | €1,415 | €355 | -€1,060 | -74.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €8,514 | €21,373 | +€12,859 | +151% |
| Stocks and contracts in progress | 3 | €5,745 | €6,813 | +€1,068 | +18.6% |
| Stocks | 30/36 | €5,745 | €6,813 | +€1,068 | +18.6% |
| Amounts receivable within one year | 40/41 | €227 | €4,719 | +€4,492 | +1,975% |
| Trade receivables | 40 | €227 | €4,719 | +€4,492 | +1,977% |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €2,337 | €1,993 | -€344 | -14.7% |
| Deferred charges and accrued income | 490/1 | €204 | €7,848 | +€7,644 | +3,744% |
| Total equity and liabilities | 10/49 | €17,488 | €25,472 | +€7,985 | +45.7% |
| Equity | 10/15 | -€32,704 | -€14,143 | +€18,561 | +56.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,704 | -€94,143 | +€18,561 | +16.5% |
| Amounts payable | 17/49 | €50,192 | €39,616 | -€10,576 | -21.1% |
| Amounts payable after more than one year | 17 | €8,100 | - | -€8,100 | |
| Other amounts payable | 178/9 | €8,100 | - | -€8,100 | |
| Amounts payable within one year | 42/48 | €42,092 | €39,616 | -€2,476 | -5.9% |
| Financial debts | 43 | €2,634 | €3,770 | +€1,136 | +43.1% |
| Credit institutions | 430/8 | €2,634 | €3,770 | +€1,136 | +43.1% |
| Trade debts | 44 | €10,399 | €14,813 | +€4,414 | +42.4% |
| Suppliers | 440/4 | €10,399 | €14,813 | +€4,414 | +42.4% |
| Taxes, remuneration and social security | 45 | €1,164 | €1,069 | -€95 | -8.2% |
| Taxes | 450/3 | €1,164 | €1,069 | -€95 | -8.2% |
| Other amounts payable | 47/48 | €27,895 | €19,963 | -€7,932 | -28.4% |
| Remuneration, social security and pensions | 62 | €2,035 | €2,669 | +€634 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,080 | €3,878 | -€1,202 | -23.7% |
| Other operating charges | 640/8 | €948 | €2,000 | +€1,052 | +111% |
| Gross operating margin | 9900 | €25,759 | €29,784 | +€4,025 | +15.6% |
| Operating profit (loss) | 9901 | €17,696 | €21,238 | +€3,541 | +20.0% |
| Financial income | 75/76B | €1 | €3 | +€2 | +127% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +127% |
| Financial charges | 65/66B | €1,176 | €2,603 | +€1,427 | +121% |
| Recurring financial charges | 65 | €1,176 | €2,603 | +€1,427 | +121% |
| Profit (loss) for the period before taxes | 9903 | €16,522 | €18,638 | +€2,116 | +12.8% |
| Income taxes | 67/77 | €1 | €77 | +€76 | +8,099% |
| Profit (loss) for the period | 9904 | €16,521 | €18,561 | +€2,040 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,521 | €18,561 | +€2,040 | +12.3% |
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 18 October 2026 via checked.be.