SweetCo: 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
SweetCo
NACE 77.400, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €2.3m-€274,710
Equity
€29.5m
2024 · €27.5m+€2.0m
Cash
€213,136
2024 · €472,048-€258,912
Balance sheet total
€89.6m
2024 · €79.9m+€9.8m
Largest movements
Assets
- Receivables within one year +€10.8m
up €10.8m (+202%), from €5.3m to €16.1m
of which Other amounts receivable: +€10.5m
Equity and liabilities
- Other debts +€10.4m
up €10.4m (+448%), from €2.3m to €12.8m
- Debts after one year -€2.7m
down €2.7m (-5.9%), from €45.4m to €42.8m
- Profit (loss) carried forward +€2.0m
up €2.0m (+102%), from €2.0m to €4.0m
Income statement
- Turnover +€849,009
up €849,009 (+15.4%), from €5.5m to €6.4m
- Services and other goods +€638,816
up €638,816 (+16.2%), from €3.9m to €4.6m
- Financial income -€315,891
down €315,891 (-12.6%), from €2.5m to €2.2m
of which Financial income: -€315,891
- Financial charges +€202,367
up €202,367 (+12.6%), from €1.6m to €1.8m
of which Non-recurring financial charges: +€103,446
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.
Result 2024
€2.3m
Turnover
+€849,009
Other operating income
+€33,386
Services and other goods
-€638,816
Other operating charges
-€31
Financial income
-€315,891
Financial charges
-€202,367
Result 2025
€2.0m
raises the resultlowers the result
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.
From operations
+€2.2m
Investment
+€158,427
Financing
-€2.6m
Cash 2024
€472,048
From operations (derived)
+€2.2m
Net result for the year
+€2.0m
Depreciation
+€162,397
Receivables after one year
+€351,101
Receivables within one year
-€10.8m
Deferred charges and accrued income
+€100,895
Trade debts
+€213,692
Tax, wage and social debts
-€299,742
Other debts
+€10.4m
Accrued charges and deferred income
+€32,678
Investment (derived)
+€158,427
Investment in fixed assets (net)
+€158,427
Financing
-€2.6m
Debts after one year
-€2.7m
Current portion of long-term debt
+€40,859
Cash 2025
€213,136
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,878,616 | €89,641,135 | +€9.8m | +12.2% |
| Formation expenses | 20 | €401,720 | €239,323 | -€162,397 | -40.4% |
| Fixed assets | 21/28 | €72,359,360 | €72,200,933 | -€158,427 | -0.2% |
| Financial fixed assets | 28 | €72,359,360 | €72,200,933 | -€158,427 | -0.2% |
| Affiliated companies | 280/1 | €72,359,360 | €72,200,933 | -€158,427 | -0.2% |
| Participating interests | 280 | €71,320,035 | €71,120,035 | -€200,000 | -0.3% |
| Amounts receivable | 281 | €1,039,325 | €1,080,898 | +€41,573 | +4.0% |
| Current assets | 29/58 | €7,117,536 | €17,200,879 | +€10.1m | +142% |
| Amounts receivable after more than one year | 29 | €1,169,716 | €818,616 | -€351,101 | -30.0% |
| Other amounts receivable | 291 | €1,169,716 | €818,616 | -€351,101 | -30.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,335,090 | €16,129,341 | +€10.8m | +202% |
| Trade receivables | 40 | €2,617,854 | €2,869,232 | +€251,378 | +9.6% |
| Other amounts receivable | 41 | €2,717,236 | €13,260,109 | +€10.5m | +388% |
| Cash at bank and in hand | 54/58 | €472,048 | €213,136 | -€258,912 | -54.8% |
| Deferred charges and accrued income | 490/1 | €140,682 | €39,787 | -€100,895 | -71.7% |
| Total equity and liabilities | 10/49 | €79,878,616 | €89,641,135 | +€9.8m | +12.2% |
| Equity | 10/15 | €27,488,688 | €29,518,377 | +€2.0m | +7.4% |
| Contributions | 10/11 | €25,500,000 | €25,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,988,688 | €4,018,377 | +€2.0m | +102% |
| Amounts payable | 17/49 | €52,389,928 | €60,122,758 | +€7.7m | +14.8% |
| Amounts payable after more than one year | 17 | €45,432,362 | €42,750,522 | -€2.7m | -5.9% |
| Financial debts | 170/4 | €45,432,362 | €42,750,522 | -€2.7m | -5.9% |
| Subordinated loans | 170 | €32,111,770 | €32,780,436 | +€668,666 | +2.1% |
| Credit institutions | 173 | €13,320,592 | €9,970,086 | -€3.4m | -25.2% |
| Amounts payable within one year | 42/48 | €6,644,997 | €17,026,989 | +€10.4m | +156% |
| Current portion of amounts payable after more than one year | 42 | €3,309,647 | €3,350,506 | +€40,859 | +1.2% |
| Trade debts | 44 | €608,612 | €822,303 | +€213,692 | +35.1% |
| Suppliers | 440/4 | €608,612 | €822,303 | +€213,692 | +35.1% |
| Taxes, remuneration and social security | 45 | €399,774 | €100,032 | -€299,742 | -75.0% |
| Taxes | 450/3 | €399,774 | €100,032 | -€299,742 | -75.0% |
| Other amounts payable | 47/48 | €2,326,964 | €12,754,149 | +€10.4m | +448% |
| Accrued charges and deferred income | 492/3 | €312,569 | €345,247 | +€32,678 | +10.5% |
| Operating income | 70/76A | €5,506,144 | €6,388,539 | +€882,395 | +16.0% |
| Turnover | 70 | €5,506,144 | €6,355,153 | +€849,009 | +15.4% |
| Other operating income | 74 | - | €33,386 | +€33,386 | |
| Operating charges | 60/66A | €4,104,261 | €4,743,108 | +€638,847 | +15.6% |
| Services and other goods | 61 | €3,940,897 | €4,579,713 | +€638,816 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,397 | €162,397 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | €1,401,883 | €1,645,431 | +€243,548 | +17.4% |
| Financial income | 75/76B | €2,507,957 | €2,192,066 | -€315,891 | -12.6% |
| Recurring financial income | 75 | €2,507,957 | €2,192,066 | -€315,891 | -12.6% |
| Income from financial fixed assets | 750 | €2,354,824 | €2,041,573 | -€313,251 | -13.3% |
| Income from current assets | 751 | €153,133 | €150,397 | -€2,736 | -1.8% |
| Other financial income | 752/9 | - | €95 | +€95 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,605,440 | €1,807,807 | +€202,367 | +12.6% |
| Recurring financial charges | 65 | €1,605,440 | €1,704,361 | +€98,921 | +6.2% |
| Debt charges | 650 | €1,590,068 | €1,696,980 | +€106,911 | +6.7% |
| Other financial charges | 652/9 | €15,372 | €7,382 | -€7,990 | -52.0% |
| Non-recurring financial charges | 66B | €0 | €103,446 | +€103,446 | |
| Profit (loss) for the period before taxes | 9903 | €2,304,399 | €2,029,689 | -€274,710 | -11.9% |
| Profit (loss) for the period | 9904 | €2,304,399 | €2,029,689 | -€274,710 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,304,399 | €2,029,689 | -€274,710 | -11.9% |
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 19 October 2026 via checked.be.