SWEET PIPPA: 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 PIPPA
Largest movements
- Receivables within one year -€7,201
down €7,201 (-47.5%), from €15,173 to €7,973
of which Trade receivables: -€7,079
- Stocks and contracts +€689
new in 2025: €689
- Tangible fixed assets +€650
up €650 (+102%), from €637 to €1,286
of which Plant, machinery and equipment: +€882
- Trade debts +€11,617
up €11,617 (+360%), from €3,231 to €14,848
- Profit (loss) carried forward -€9,976
down €9,976 (-866%), from -€1,152 to -€11,128
- Other debts -€7,855
down €7,855 (-80.9%), from €9,706 to €1,852
- Tax, wage and social debts +€367
up €367 (+11.3%), from €3,246 to €3,613
- Turnover -€56,860
no longer reported in 2025 (was €56,860)
- Purchases and services -€32,486
down €32,486 (-59.0%), from €55,025 to €22,540
- Gross operating margin -€9,647
down €9,647, from €2,736 to -€6,910
- Taxes -€3,246
no longer reported in 2025 (was €3,246)
- Write-downs +€1,860
new in 2025: €1,860
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 | €16,531 | €10,685 | -€5,846 | -35.4% |
| Fixed assets | 21/28 | €637 | €1,286 | +€650 | +102% |
| Tangible fixed assets | 22/27 | €637 | €1,286 | +€650 | +102% |
| Plant, machinery and equipment | 23 | - | €882 | +€882 | |
| Furniture and vehicles | 24 | €637 | €405 | -€232 | -36.4% |
| Current assets | 29/58 | €15,895 | €9,399 | -€6,496 | -40.9% |
| Stocks and contracts in progress | 3 | - | €689 | +€689 | |
| Stocks | 30/36 | - | €689 | +€689 | |
| Amounts receivable within one year | 40/41 | €15,173 | €7,973 | -€7,201 | -47.5% |
| Trade receivables | 40 | €15,051 | €7,973 | -€7,079 | -47.0% |
| Other amounts receivable | 41 | €122 | - | -€122 | |
| Cash at bank and in hand | 54/58 | €643 | €604 | -€39 | -6.1% |
| Deferred charges and accrued income | 490/1 | €78 | €133 | +€55 | +70.5% |
| Total equity and liabilities | 10/49 | €16,531 | €10,685 | -€5,846 | -35.4% |
| Equity | 10/15 | €348 | -€9,628 | -€9,976 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,500 | €1,500 | = | 0.0% |
| Other | 1109/19 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,152 | -€11,128 | -€9,976 | -866% |
| Amounts payable | 17/49 | €16,183 | €20,313 | +€4,130 | +25.5% |
| Amounts payable within one year | 42/48 | €16,183 | €20,313 | +€4,130 | +25.5% |
| Trade debts | 44 | €3,231 | €14,848 | +€11,617 | +360% |
| Suppliers | 440/4 | €3,231 | €14,848 | +€11,617 | +360% |
| Taxes, remuneration and social security | 45 | €3,246 | €3,613 | +€367 | +11.3% |
| Taxes | 450/3 | €3,246 | €3,613 | +€367 | +11.3% |
| Other amounts payable | 47/48 | €9,706 | €1,852 | -€7,855 | -80.9% |
| Turnover | 70 | €56,860 | - | -€56,860 | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,025 | €22,540 | -€32,486 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58 | €267 | +€208 | +357% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,860 | +€1,860 | |
| Other operating charges | 640/8 | €384 | €716 | +€332 | +86.3% |
| Gross operating margin | 9900 | €2,736 | -€6,910 | -€9,647 | |
| Operating profit (loss) | 9901 | €2,293 | -€9,754 | -€12,047 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €199 | €222 | +€23 | +11.6% |
| Recurring financial charges | 65 | €199 | €222 | +€23 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €2,094 | -€9,976 | -€12,070 | |
| Income taxes | 67/77 | €3,246 | - | -€3,246 | |
| Profit (loss) for the period | 9904 | -€1,152 | -€9,976 | -€8,824 | -766% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,152 | -€9,976 | -€8,824 | -766% |
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 17 October 2026 via checked.be.