MY SUN: 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.
MY SUN
Largest movements
- Receivables within one year +€41,257
up €41,257 (+171%), from €24,097 to €65,354
of which Trade receivables: +€64,399
- Tangible fixed assets +€22,916
up €22,916 (+236%), from €9,692 to €32,608
of which Plant, machinery and equipment: +€27,718
- Financial fixed assets -€6,496
down €6,496 (-100%), from €6,496 to €0
- Intangible fixed assets -€5,111
down €5,111 (-100%), from €5,111 to €0
- Cash +€4,720
up €4,720 (+7,960%), from €59 to €4,780
mainly Trade debts (+€47,954) and Debts after one year (+€33,540)
- Trade debts +€47,954
up €47,954 (+377%), from €12,708 to €60,661
- Debts after one year +€33,540
up €33,540 (+2,917%), from €1,150 to €34,690
- Profit (loss) carried forward -€14,160
down €14,160, from €2,039 to -€12,121
- Tax, wage and social debts -€9,660
down €9,660 (-91.4%), from €10,572 to €912
- Gross operating margin +€39,215
up €39,215, from -€28,816 to €10,400
- Financial charges +€8,525
up €8,525 (+330%), from €2,584 to €11,109
of which Non-recurring financial charges: +€6,496
- Depreciation -€1,416
down €1,416 (-12.3%), from €11,560 to €10,144
- Financial income -€592
down €592 (-50.3%), from €1,178 to €586
- Other operating charges +€333
up €333 (+10.3%), from €3,235 to €3,568
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 | €45,455 | €102,742 | +€57,286 | +126% |
| Fixed assets | 21/28 | €21,299 | €32,608 | +€11,309 | +53.1% |
| Intangible fixed assets | 21 | €5,111 | €0 | -€5,111 | -100% |
| Tangible fixed assets | 22/27 | €9,692 | €32,608 | +€22,916 | +236% |
| Plant, machinery and equipment | 23 | €281 | €27,999 | +€27,718 | +9,851% |
| Furniture and vehicles | 24 | €5,538 | €737 | -€4,802 | -86.7% |
| Other tangible fixed assets | 26 | €3,872 | €3,872 | = | 0.0% |
| Financial fixed assets | 28 | €6,496 | €0 | -€6,496 | -100% |
| Current assets | 29/58 | €24,157 | €70,134 | +€45,977 | +190% |
| Amounts receivable within one year | 40/41 | €24,097 | €65,354 | +€41,257 | +171% |
| Trade receivables | 40 | €955 | €65,354 | +€64,399 | +6,746% |
| Other amounts receivable | 41 | €23,143 | €0 | -€23,143 | -100% |
| Cash at bank and in hand | 54/58 | €59 | €4,780 | +€4,720 | +7,960% |
| Total equity and liabilities | 10/49 | €45,455 | €102,742 | +€57,286 | +126% |
| Equity | 10/15 | €20,639 | €6,479 | -€14,160 | -68.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,039 | -€12,121 | -€14,160 | |
| Amounts payable | 17/49 | €24,817 | €96,263 | +€71,446 | +288% |
| Amounts payable after more than one year | 17 | €1,150 | €34,690 | +€33,540 | +2,917% |
| Other amounts payable | 178/9 | €1,150 | €34,690 | +€33,540 | +2,917% |
| Amounts payable within one year | 42/48 | €23,279 | €61,573 | +€38,294 | +164% |
| Trade debts | 44 | €12,708 | €60,661 | +€47,954 | +377% |
| Suppliers | 440/4 | €12,708 | €60,661 | +€47,954 | +377% |
| Taxes, remuneration and social security | 45 | €10,572 | €912 | -€9,660 | -91.4% |
| Taxes | 450/3 | €10,572 | €912 | -€9,660 | -91.4% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,560 | €10,144 | -€1,416 | -12.3% |
| Other operating charges | 640/8 | €3,235 | €3,568 | +€333 | +10.3% |
| Non-recurring operating charges | 66A | €8,484 | - | -€8,484 | |
| Gross operating margin | 9900 | -€28,816 | €10,400 | +€39,215 | |
| Operating profit (loss) | 9901 | -€52,095 | -€3,312 | +€48,782 | +93.6% |
| Financial income | 75/76B | €1,178 | €586 | -€592 | -50.3% |
| Recurring financial income | 75 | €1,178 | €586 | -€592 | -50.3% |
| Financial charges | 65/66B | €2,584 | €11,109 | +€8,525 | +330% |
| Recurring financial charges | 65 | €2,584 | €4,612 | +€2,029 | +78.5% |
| Non-recurring financial charges | 66B | - | €6,496 | +€6,496 | |
| Profit (loss) for the period before taxes | 9903 | -€53,501 | -€13,836 | +€39,665 | +74.1% |
| Income taxes | 67/77 | - | €325 | +€325 | |
| Profit (loss) for the period | 9904 | -€53,501 | -€14,160 | +€39,341 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,501 | -€14,160 | +€39,341 | +73.5% |
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 15 October 2026 via checked.be.