FOREVER SUNSETS: 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.
FOREVER SUNSETS
Largest movements
- Tangible fixed assets -€23,005
down €23,005 (-14.1%), from €162,974 to €139,968
of which Land and buildings: -€23,128
- Stocks and contracts +€6,901
up €6,901 (+124%), from €5,568 to €12,469
- Cash +€6,679
up €6,679 (+83.2%), from €8,026 to €14,705
mainly Depreciation (+€31,580) and Trade debts (+€27,077)
- Financial fixed assets +€3,450
new in 2025: €3,450
- Receivables within one year +€3,100
up €3,100 (+91.8%), from €3,375 to €6,475
of which Trade receivables: +€3,009
- Trade debts +€27,077
up €27,077 (+325%), from €8,326 to €35,403
- Other debts -€23,852
down €23,852 (-95.0%), from €25,113 to €1,261
- Debts after one year -€10,503
down €10,503 (-14.2%), from €73,936 to €63,433
- Tax, wage and social debts +€4,094
up €4,094 (+30.0%), from €13,664 to €17,759
of which Remuneration and social security: +€9,796
- Staff costs +€36,562
new in 2025: €36,562
- Gross operating margin -€23,335
down €23,335 (-23.5%), from €99,440 to €76,105
- Other operating charges -€12,406
down €12,406 (-86.0%), from €14,432 to €2,026
- Taxes -€10,717
down €10,717 (-86.2%), from €12,435 to €1,718
- Depreciation +€4,627
up €4,627 (+17.2%), from €26,953 to €31,580
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 | €182,726 | €181,348 | -€1,377 | -0.8% |
| Fixed assets | 21/28 | €162,974 | €143,418 | -€19,555 | -12.0% |
| Tangible fixed assets | 22/27 | €162,974 | €139,968 | -€23,005 | -14.1% |
| Land and buildings | 22 | €141,128 | €118,000 | -€23,128 | -16.4% |
| Plant, machinery and equipment | 23 | €14,096 | €16,676 | +€2,580 | +18.3% |
| Furniture and vehicles | 24 | €7,750 | €5,293 | -€2,457 | -31.7% |
| Financial fixed assets | 28 | - | €3,450 | +€3,450 | |
| Current assets | 29/58 | €19,752 | €37,930 | +€18,178 | +92.0% |
| Stocks and contracts in progress | 3 | €5,568 | €12,469 | +€6,901 | +124% |
| Stocks | 30/36 | €5,568 | €12,469 | +€6,901 | +124% |
| Amounts receivable within one year | 40/41 | €3,375 | €6,475 | +€3,100 | +91.8% |
| Trade receivables | 40 | - | €3,009 | +€3,009 | |
| Other amounts receivable | 41 | €3,375 | €3,465 | +€90 | +2.7% |
| Cash at bank and in hand | 54/58 | €8,026 | €14,705 | +€6,679 | +83.2% |
| Deferred charges and accrued income | 490/1 | €2,782 | €4,281 | +€1,499 | +53.9% |
| Total equity and liabilities | 10/49 | €182,726 | €181,348 | -€1,377 | -0.8% |
| Equity | 10/15 | €50,723 | €51,167 | +€444 | +0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,723 | €41,167 | +€444 | +1.1% |
| Amounts payable | 17/49 | €132,003 | €130,181 | -€1,822 | -1.4% |
| Amounts payable after more than one year | 17 | €73,936 | €63,433 | -€10,503 | -14.2% |
| Financial debts | 170/4 | €73,936 | €63,433 | -€10,503 | -14.2% |
| Amounts payable within one year | 42/48 | €57,242 | €64,998 | +€7,756 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €10,138 | €10,503 | +€365 | +3.6% |
| Financial debts | 43 | - | €72 | +€72 | |
| Credit institutions | 430/8 | - | €72 | +€72 | |
| Trade debts | 44 | €8,326 | €35,403 | +€27,077 | +325% |
| Suppliers | 440/4 | €8,326 | €35,403 | +€27,077 | +325% |
| Taxes, remuneration and social security | 45 | €13,664 | €17,759 | +€4,094 | +30.0% |
| Taxes | 450/3 | €13,664 | €7,963 | -€5,701 | -41.7% |
| Remuneration and social security | 454/9 | - | €9,796 | +€9,796 | |
| Other amounts payable | 47/48 | €25,113 | €1,261 | -€23,852 | -95.0% |
| Accrued charges and deferred income | 492/3 | €825 | €1,751 | +€926 | +112% |
| Remuneration, social security and pensions | 62 | - | €36,562 | +€36,562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,953 | €31,580 | +€4,627 | +17.2% |
| Other operating charges | 640/8 | €14,432 | €2,026 | -€12,406 | -86.0% |
| Gross operating margin | 9900 | €99,440 | €76,105 | -€23,335 | -23.5% |
| Operating profit (loss) | 9901 | €58,055 | €5,938 | -€52,118 | -89.8% |
| Financial income | 75/76B | €1 | €4 | +€3 | +244% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +244% |
| Financial charges | 65/66B | €4,899 | €3,779 | -€1,120 | -22.9% |
| Recurring financial charges | 65 | €4,899 | €3,779 | -€1,120 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €53,158 | €2,162 | -€50,995 | -95.9% |
| Income taxes | 67/77 | €12,435 | €1,718 | -€10,717 | -86.2% |
| Profit (loss) for the period | 9904 | €40,723 | €444 | -€40,279 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,723 | €444 | -€40,279 | -98.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.