HELLO SUNSHINE: 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.
HELLO SUNSHINE
Largest movements
- Cash -€14,487
down €14,487 (-50.8%), from €28,505 to €14,017
mainly Net result for the year (-€30,560) and Receivables within one year (-€3,899)
- Receivables within one year +€3,899
up €3,899 (+78.5%), from €4,969 to €8,868
- Deferred charges and accrued income +€1,015
up €1,015 (+422.3%), from €240 to €1,256
- Tangible fixed assets -€948
down €948 (-61.7%), from €1,535 to €588
of which Furniture and vehicles: -€651
- Intangible fixed assets -€423
down €423 (-88.4%), from €479 to €56
- Profit (loss) carried forward -€30,560
down €30,560 (-98.6%), from -€31,007 to -€61,567
- Tax, wage and social debts +€15,499
up €15,499 (+51.8%), from €29,905 to €45,404
of which Remuneration and social security: +€9,339
- Trade debts +€4,315
up €4,315 (+23.5%), from €18,385 to €22,700
- Staff costs +€41,586
up €41,586 (+27.6%), from €150,874 to €192,460
- Gross operating margin +€13,378
up €13,378 (+8.6%), from €155,859 to €169,237
- Financial charges +€4,773
up €4,773 (+2923.5%), from €163 to €4,937
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 | €36,081 | €25,137 | -€10,944 | -30.3% |
| Fixed assets | 21/28 | €2,014 | €643 | -€1,371 | -68.1% |
| Intangible fixed assets | 21 | €479 | €56 | -€423 | -88.4% |
| Tangible fixed assets | 22/27 | €1,535 | €588 | -€948 | -61.7% |
| Plant, machinery and equipment | 23 | €539 | €395 | -€145 | -26.8% |
| Furniture and vehicles | 24 | €746 | €95 | -€651 | -87.3% |
| Other tangible fixed assets | 26 | €250 | €98 | -€152 | -60.9% |
| Current assets | 29/58 | €34,066 | €24,494 | -€9,573 | -28.1% |
| Stocks and contracts in progress | 3 | €353 | €353 | = | 0.0% |
| Stocks | 30/36 | €353 | €353 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,969 | €8,868 | +€3,899 | +78.5% |
| Trade receivables | 40 | €4,969 | €8,868 | +€3,899 | +78.5% |
| Cash at bank and in hand | 54/58 | €28,505 | €14,017 | -€14,487 | -50.8% |
| Deferred charges and accrued income | 490/1 | €240 | €1,256 | +€1,015 | +422.3% |
| Total equity and liabilities | 10/49 | €36,081 | €25,137 | -€10,944 | -30.3% |
| Equity | 10/15 | -€12,407 | -€42,967 | -€30,560 | -246.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,007 | -€61,567 | -€30,560 | -98.6% |
| Amounts payable | 17/49 | €48,488 | €68,104 | +€19,616 | +40.5% |
| Amounts payable within one year | 42/48 | €48,488 | €68,104 | +€19,616 | +40.5% |
| Trade debts | 44 | €18,385 | €22,700 | +€4,315 | +23.5% |
| Suppliers | 440/4 | €18,385 | €22,700 | +€4,315 | +23.5% |
| Taxes, remuneration and social security | 45 | €29,905 | €45,404 | +€15,499 | +51.8% |
| Taxes | 450/3 | €2,411 | €8,571 | +€6,160 | +255.5% |
| Remuneration and social security | 454/9 | €27,495 | €36,833 | +€9,339 | +34.0% |
| Other amounts payable | 47/48 | €197 | - | -€197 | |
| Remuneration, social security and pensions | 62 | €150,874 | €192,460 | +€41,586 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,740 | €1,371 | -€369 | -21.2% |
| Other operating charges | 640/8 | €598 | €1,029 | +€431 | +72.0% |
| Gross operating margin | 9900 | €155,859 | €169,237 | +€13,378 | +8.6% |
| Operating profit (loss) | 9901 | €2,647 | -€25,623 | -€28,270 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €163 | €4,937 | +€4,773 | +2923.5% |
| Recurring financial charges | 65 | €163 | €4,937 | +€4,773 | +2923.5% |
| Profit (loss) for the period before taxes | 9903 | €2,484 | -€30,560 | -€33,043 | |
| Profit (loss) for the period | 9904 | €2,484 | -€30,560 | -€33,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,484 | -€30,560 | -€33,043 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.