RELAXSUN: 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.
RELAXSUN
Largest movements
- Cash -€28,754
down €28,754 (-87.2%), from €32,990 to €4,236
mainly Investment in fixed assets (net) (-€35,516) and Receivables within one year (-€5,755)
- Tangible fixed assets +€25,378
up €25,378 (+125.4%), from €20,238 to €45,616
- Receivables within one year +€5,755
up €5,755 (+2936.5%), from €196 to €5,951
of which Other amounts receivable: +€3,487
- Deferred charges and accrued income +€887
up €887 (+3100.1%), from €29 to €916
- Stocks and contracts +€655
up €655 (+218.5%), from €300 to €955
- Profit (loss) carried forward +€15,280
up €15,280 (+117.6%), from €12,990 to €28,269
- Tax, wage and social debts -€4,781
down €4,781 (-45.0%), from €10,618 to €5,837
of which Taxes: -€4,258
- Other debts -€4,157
no longer reported in 2025 (was €4,157)
- Trade debts -€3,057
down €3,057 (-48.5%), from €6,306 to €3,248
- Accrued charges and deferred income +€638
up €638 (+5298.7%), from €12 to €650
- Gross operating margin -€8,793
down €8,793 (-19.2%), from €45,815 to €37,022
- Depreciation +€5,436
up €5,436 (+115.6%), from €4,701 to €10,138
- Staff costs -€2,126
down €2,126 (-21.4%), from €9,943 to €7,817
- Other operating charges -€1,852
down €1,852 (-81.5%), from €2,272 to €420
- Taxes +€689
up €689 (+27.6%), from €2,495 to €3,184
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 | €53,752 | €57,674 | +€3,922 | +7.3% |
| Fixed assets | 21/28 | €20,238 | €45,616 | +€25,378 | +125.4% |
| Tangible fixed assets | 22/27 | €20,238 | €45,616 | +€25,378 | +125.4% |
| Plant, machinery and equipment | 23 | €20,238 | €45,616 | +€25,378 | +125.4% |
| Current assets | 29/58 | €33,514 | €12,058 | -€21,456 | -64.0% |
| Stocks and contracts in progress | 3 | €300 | €955 | +€655 | +218.5% |
| Stocks | 30/36 | €300 | €955 | +€655 | +218.5% |
| Amounts receivable within one year | 40/41 | €196 | €5,951 | +€5,755 | +2936.5% |
| Trade receivables | 40 | €196 | €2,464 | +€2,268 | +1157.1% |
| Other amounts receivable | 41 | - | €3,487 | +€3,487 | |
| Cash at bank and in hand | 54/58 | €32,990 | €4,236 | -€28,754 | -87.2% |
| Deferred charges and accrued income | 490/1 | €29 | €916 | +€887 | +3100.1% |
| Total equity and liabilities | 10/49 | €53,752 | €57,674 | +€3,922 | +7.3% |
| Equity | 10/15 | €32,659 | €47,939 | +€15,280 | +46.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,070 | €1,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,070 | €1,070 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,070 | €1,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,990 | €28,269 | +€15,280 | +117.6% |
| Amounts payable | 17/49 | €21,092 | €9,735 | -€11,357 | -53.8% |
| Amounts payable within one year | 42/48 | €21,080 | €9,085 | -€11,995 | -56.9% |
| Trade debts | 44 | €6,306 | €3,248 | -€3,057 | -48.5% |
| Suppliers | 440/4 | €6,306 | €3,248 | -€3,057 | -48.5% |
| Taxes, remuneration and social security | 45 | €10,618 | €5,837 | -€4,781 | -45.0% |
| Taxes | 450/3 | €10,095 | €5,837 | -€4,258 | -42.2% |
| Remuneration and social security | 454/9 | €523 | - | -€523 | |
| Other amounts payable | 47/48 | €4,157 | - | -€4,157 | |
| Accrued charges and deferred income | 492/3 | €12 | €650 | +€638 | +5298.7% |
| Remuneration, social security and pensions | 62 | €9,943 | €7,817 | -€2,126 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,701 | €10,138 | +€5,436 | +115.6% |
| Other operating charges | 640/8 | €2,272 | €420 | -€1,852 | -81.5% |
| Gross operating margin | 9900 | €45,815 | €37,022 | -€8,793 | -19.2% |
| Operating profit (loss) | 9901 | €28,899 | €18,648 | -€10,252 | -35.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €327 | €184 | -€143 | -43.6% |
| Recurring financial charges | 65 | €327 | €184 | -€143 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €28,572 | €18,463 | -€10,109 | -35.4% |
| Income taxes | 67/77 | €2,495 | €3,184 | +€689 | +27.6% |
| Profit (loss) for the period | 9904 | €26,078 | €15,280 | -€10,798 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,078 | €15,280 | -€10,798 | -41.4% |
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 5 October 2026 via checked.be.