SXUPER: 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.
SXUPER
Largest movements
- Cash -€170,598
down €170,598 (-77.7%), from €219,437 to €48,839
mainly Receivables within one year (-€77,529) and Other debts (-€52,161)
- Receivables within one year +€77,529
up €77,529 (+450%), from €17,246 to €94,775
of which Trade receivables: +€80,915
- Tangible fixed assets -€11,616
down €11,616 (-30.5%), from €38,065 to €26,449
- Other debts -€52,161
down €52,161 (-68.6%), from €75,997 to €23,836
- Tax, wage and social debts -€49,119
down €49,119 (-67.4%), from €72,852 to €23,733
- Profit (loss) carried forward -€32,250
down €32,250 (-27.6%), from €116,818 to €84,568
- Trade debts +€27,495
up €27,495 (+370%), from €7,432 to €34,927
- Gross operating margin -€126,475
down €126,475, from €107,638 to -€18,837
- Taxes -€23,439
down €23,439 (-99.4%), from €23,586 to €147
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 | €276,098 | €170,063 | -€106,035 | -38.4% |
| Fixed assets | 21/28 | €39,415 | €26,449 | -€12,966 | -32.9% |
| Tangible fixed assets | 22/27 | €38,065 | €26,449 | -€11,616 | -30.5% |
| Furniture and vehicles | 24 | €38,065 | €26,449 | -€11,616 | -30.5% |
| Financial fixed assets | 28 | €1,350 | €0 | -€1,350 | -100% |
| Current assets | 29/58 | €236,683 | €143,614 | -€93,068 | -39.3% |
| Amounts receivable within one year | 40/41 | €17,246 | €94,775 | +€77,529 | +450% |
| Trade receivables | 40 | €12,291 | €93,207 | +€80,915 | +658% |
| Other amounts receivable | 41 | €4,954 | €1,568 | -€3,386 | -68.3% |
| Cash at bank and in hand | 54/58 | €219,437 | €48,839 | -€170,598 | -77.7% |
| Total equity and liabilities | 10/49 | €276,098 | €170,063 | -€106,035 | -38.4% |
| Equity | 10/15 | €119,818 | €87,568 | -€32,250 | -26.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,818 | €84,568 | -€32,250 | -27.6% |
| Amounts payable | 17/49 | €156,280 | €82,496 | -€73,785 | -47.2% |
| Amounts payable within one year | 42/48 | €156,280 | €82,496 | -€73,785 | -47.2% |
| Trade debts | 44 | €7,432 | €34,927 | +€27,495 | +370% |
| Suppliers | 440/4 | €7,432 | €34,927 | +€27,495 | +370% |
| Taxes, remuneration and social security | 45 | €72,852 | €23,733 | -€49,119 | -67.4% |
| Taxes | 450/3 | €72,852 | €23,733 | -€49,119 | -67.4% |
| Other amounts payable | 47/48 | €75,997 | €23,836 | -€52,161 | -68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,616 | €11,616 | +€0 | 0.0% |
| Other operating charges | 640/8 | €510 | €1,298 | +€788 | +154% |
| Gross operating margin | 9900 | €107,638 | -€18,837 | -€126,475 | |
| Operating profit (loss) | 9901 | €95,512 | -€31,751 | -€127,263 | |
| Financial income | 75/76B | €2 | €0 | -€1 | -99.3% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -99.3% |
| Financial charges | 65/66B | €731 | €352 | -€379 | -51.9% |
| Recurring financial charges | 65 | €731 | €352 | -€379 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €94,782 | -€32,103 | -€126,885 | |
| Income taxes | 67/77 | €23,586 | €147 | -€23,439 | -99.4% |
| Profit (loss) for the period | 9904 | €71,196 | -€32,250 | -€103,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,196 | -€32,250 | -€103,446 |
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 29 October 2026 via checked.be.