Sweetline: 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.
Sweetline
Largest movements
- Cash +€40,952
up €40,952 (+79.8%), from €51,332 to €92,285
mainly Depreciation (+€61,583) and Net result for the year (+€46,705)
- Tangible fixed assets -€20,639
down €20,639 (-3.5%), from €583,718 to €563,079
of which Furniture and vehicles: -€23,251
- Receivables within one year -€17,488
down €17,488 (-41.8%), from €41,854 to €24,366
of which Trade receivables: -€18,632
- Reserves +€46,500
up €46,500 (+13.0%), from €358,163 to €404,663
- Debts after one year -€35,383
down €35,383 (-16.1%), from €220,421 to €185,038
of which Other amounts payable: -€20,000
- Tax, wage and social debts -€16,092
down €16,092 (-46.4%), from €34,651 to €18,558
of which Taxes: -€20,198
- Staff costs +€57,707
up €57,707 (+423%), from €13,638 to €71,345
- Gross operating margin +€28,417
up €28,417 (+15.2%), from €186,356 to €214,773
- Financial charges -€24,236
down €24,236 (-66.6%), from €36,372 to €12,136
of which Non-recurring financial charges: -€21,520
- Financial income +€6,128
up €6,128 (+4,188%), from €146 to €6,274
of which Non-recurring financial income: +€6,081
- Taxes -€6,120
down €6,120 (-25.2%), from €24,317 to €18,197
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,888 | €697,482 | +€594 | +0.1% |
| Fixed assets | 21/28 | €590,158 | €568,018 | -€22,139 | -3.8% |
| Intangible fixed assets | 21 | €5,625 | €4,125 | -€1,500 | -26.7% |
| Tangible fixed assets | 22/27 | €583,718 | €563,079 | -€20,639 | -3.5% |
| Land and buildings | 22 | €471,953 | €481,475 | +€9,523 | +2.0% |
| Plant, machinery and equipment | 23 | €58,222 | €51,311 | -€6,911 | -11.9% |
| Furniture and vehicles | 24 | €53,544 | €30,293 | -€23,251 | -43.4% |
| Financial fixed assets | 28 | €814 | €814 | = | 0.0% |
| Current assets | 29/58 | €106,731 | €129,464 | +€22,733 | +21.3% |
| Stocks and contracts in progress | 3 | €8,304 | €7,478 | -€826 | -9.9% |
| Stocks | 30/36 | €8,304 | €7,478 | -€826 | -9.9% |
| Amounts receivable within one year | 40/41 | €41,854 | €24,366 | -€17,488 | -41.8% |
| Trade receivables | 40 | €35,244 | €16,612 | -€18,632 | -52.9% |
| Other amounts receivable | 41 | €6,611 | €7,754 | +€1,144 | +17.3% |
| Cash at bank and in hand | 54/58 | €51,332 | €92,285 | +€40,952 | +79.8% |
| Deferred charges and accrued income | 490/1 | €5,240 | €5,335 | +€95 | +1.8% |
| Total equity and liabilities | 10/49 | €696,888 | €697,482 | +€594 | +0.1% |
| Equity | 10/15 | €389,891 | €436,596 | +€46,705 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €358,163 | €404,663 | +€46,500 | +13.0% |
| Distributable reserves | 133 | €358,163 | €404,663 | +€46,500 | +13.0% |
| Profit (loss) carried forward | 14 | €13,128 | €13,333 | +€205 | +1.6% |
| Amounts payable | 17/49 | €306,997 | €260,885 | -€46,111 | -15.0% |
| Amounts payable after more than one year | 17 | €220,421 | €185,038 | -€35,383 | -16.1% |
| Financial debts | 170/4 | €50,421 | €35,038 | -€15,383 | -30.5% |
| Other amounts payable | 178/9 | €170,000 | €150,000 | -€20,000 | -11.8% |
| Amounts payable within one year | 42/48 | €59,876 | €42,747 | -€17,129 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €14,906 | €15,383 | +€477 | +3.2% |
| Trade debts | 44 | €7,442 | €5,269 | -€2,174 | -29.2% |
| Suppliers | 440/4 | €7,442 | €5,269 | -€2,174 | -29.2% |
| Taxes, remuneration and social security | 45 | €34,651 | €18,558 | -€16,092 | -46.4% |
| Taxes | 450/3 | €33,767 | €13,569 | -€20,198 | -59.8% |
| Remuneration and social security | 454/9 | €884 | €4,990 | +€4,105 | +464% |
| Other amounts payable | 47/48 | €2,877 | €3,538 | +€660 | +22.9% |
| Accrued charges and deferred income | 492/3 | €26,700 | €33,100 | +€6,400 | +24.0% |
| Remuneration, social security and pensions | 62 | €13,638 | €71,345 | +€57,707 | +423% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,687 | €61,583 | +€896 | +1.5% |
| Other operating charges | 640/8 | €7,415 | €11,080 | +€3,665 | +49.4% |
| Gross operating margin | 9900 | €186,356 | €214,773 | +€28,417 | +15.2% |
| Operating profit (loss) | 9901 | €104,616 | €70,764 | -€33,852 | -32.4% |
| Financial income | 75/76B | €146 | €6,274 | +€6,128 | +4,188% |
| Recurring financial income | 75 | €146 | €193 | +€46 | +31.6% |
| Non-recurring financial income | 76B | - | €6,081 | +€6,081 | |
| Financial charges | 65/66B | €36,372 | €12,136 | -€24,236 | -66.6% |
| Recurring financial charges | 65 | €11,373 | €8,656 | -€2,716 | -23.9% |
| Non-recurring financial charges | 66B | €24,999 | €3,479 | -€21,520 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €68,391 | €64,902 | -€3,489 | -5.1% |
| Income taxes | 67/77 | €24,317 | €18,197 | -€6,120 | -25.2% |
| Profit (loss) for the period | 9904 | €44,074 | €46,705 | +€2,631 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,074 | €46,705 | +€2,631 | +6.0% |
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 27 October 2026 via checked.be.