Sweet-Up: 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.
Sweet-Up
Largest movements
- Cash +€71,894
up €71,894 (+26.1%), from €275,588 to €347,483
mainly Net result for the year (+€213,850) and Current portion of long-term debt (+€36,801)
- Stocks and contracts +€30,099
up €30,099 (+85.9%), from €35,027 to €65,126
- Receivables within one year +€16,474
up €16,474 (+22.8%), from €72,398 to €88,872
of which Other amounts receivable: +€25,783
- Tangible fixed assets -€9,000
down €9,000 (-12.0%), from €74,887 to €65,887
of which Plant, machinery and equipment: -€12,406
- Profit (loss) carried forward +€213,850
up €213,850 (+77.7%), from €275,233 to €489,083
- Tax, wage and social debts -€80,932
down €80,932 (-84.6%), from €95,710 to €14,778
of which Taxes: -€83,430
- Trade debts -€61,280
down €61,280 (-70.4%), from €87,043 to €25,763
- Current portion of long-term debt +€36,801
new in 2025: €36,801
- Gross operating margin -€51,980
down €51,980 (-13.7%), from €378,278 to €326,298
- Taxes -€26,729
down €26,729 (-28.7%), from €92,984 to €66,254
- Staff costs +€24,683
up €24,683 (+71920.7%), from €34 to €24,718
- Depreciation +€9,158
up €9,158 (+93.4%), from €9,810 to €18,968
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.
Cash bridge derived
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 | €467,986 | €577,718 | +€109,731 | +23.4% |
| Fixed assets | 21/28 | €84,637 | €75,637 | -€9,000 | -10.6% |
| Tangible fixed assets | 22/27 | €74,887 | €65,887 | -€9,000 | -12.0% |
| Plant, machinery and equipment | 23 | €60,476 | €48,071 | -€12,406 | -20.5% |
| Furniture and vehicles | 24 | €5,887 | €8,078 | +€2,192 | +37.2% |
| Other tangible fixed assets | 26 | €8,524 | €9,738 | +€1,214 | +14.2% |
| Financial fixed assets | 28 | €9,750 | €9,750 | = | 0.0% |
| Current assets | 29/58 | €383,349 | €502,081 | +€118,732 | +31.0% |
| Stocks and contracts in progress | 3 | €35,027 | €65,126 | +€30,099 | +85.9% |
| Stocks | 30/36 | €35,027 | €65,126 | +€30,099 | +85.9% |
| Amounts receivable within one year | 40/41 | €72,398 | €88,872 | +€16,474 | +22.8% |
| Trade receivables | 40 | €59,247 | €49,937 | -€9,310 | -15.7% |
| Other amounts receivable | 41 | €13,151 | €38,935 | +€25,783 | +196.1% |
| Cash at bank and in hand | 54/58 | €275,588 | €347,483 | +€71,894 | +26.1% |
| Deferred charges and accrued income | 490/1 | €336 | €601 | +€265 | +78.9% |
| Total equity and liabilities | 10/49 | €467,986 | €577,718 | +€109,731 | +23.4% |
| Equity | 10/15 | €285,233 | €499,083 | +€213,850 | +75.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,233 | €489,083 | +€213,850 | +77.7% |
| Amounts payable | 17/49 | €182,753 | €78,635 | -€104,118 | -57.0% |
| Amounts payable within one year | 42/48 | €182,753 | €77,343 | -€105,410 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | - | €36,801 | +€36,801 | |
| Trade debts | 44 | €87,043 | €25,763 | -€61,280 | -70.4% |
| Suppliers | 440/4 | €87,043 | €25,763 | -€61,280 | -70.4% |
| Taxes, remuneration and social security | 45 | €95,710 | €14,778 | -€80,932 | -84.6% |
| Taxes | 450/3 | €95,710 | €12,281 | -€83,430 | -87.2% |
| Remuneration and social security | 454/9 | - | €2,497 | +€2,497 | |
| Accrued charges and deferred income | 492/3 | - | €1,292 | +€1,292 | |
| Remuneration, social security and pensions | 62 | €34 | €24,718 | +€24,683 | +71920.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,810 | €18,968 | +€9,158 | +93.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,086 | €729 | -€1,358 | -65.1% |
| Other operating charges | 640/8 | €384 | €2,210 | +€1,826 | +475.0% |
| Gross operating margin | 9900 | €378,278 | €326,298 | -€51,980 | -13.7% |
| Operating profit (loss) | 9901 | €365,962 | €279,673 | -€86,289 | -23.6% |
| Financial income | 75/76B | €2,427 | €1,367 | -€1,060 | -43.7% |
| Recurring financial income | 75 | €2,427 | €1,367 | -€1,060 | -43.7% |
| Financial charges | 65/66B | €172 | €936 | +€764 | +442.9% |
| Recurring financial charges | 65 | €172 | €936 | +€764 | +442.9% |
| Profit (loss) for the period before taxes | 9903 | €368,217 | €280,104 | -€88,113 | -23.9% |
| Income taxes | 67/77 | €92,984 | €66,254 | -€26,729 | -28.7% |
| Profit (loss) for the period | 9904 | €275,233 | €213,850 | -€61,384 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €275,233 | €213,850 | -€61,384 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.