SL SUN: 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.
SL SUN
Largest movements
- Cash -€16,847
down €16,847 (-19.6%), from €86,093 to €69,245
mainly Receivables within one year (-€16,144) and Investment in fixed assets (net) (-€15,715)
- Receivables within one year +€16,144
up €16,144 (+659.8%), from €2,447 to €18,591
of which Other amounts receivable: +€17,539
- Tangible fixed assets +€10,419
up €10,419 (+40.2%), from €25,944 to €36,363
of which Plant, machinery and equipment: +€13,392
- Deferred charges and accrued income +€2,501
up €2,501 (+420.9%), from €594 to €3,096
- Profit (loss) carried forward +€7,496
up €7,496 (+20.3%), from €36,921 to €44,417
- Debts after one year +€5,694
up €5,694 (+28.7%), from €19,857 to €25,551
- Tax, wage and social debts -€3,862
down €3,862 (-15.9%), from €24,301 to €20,439
of which Remuneration and social security: -€2,814
- Current portion of long-term debt +€3,756
up €3,756 (+117.4%), from €3,198 to €6,955
- Trade debts -€2,426
down €2,426 (-31.9%), from €7,613 to €5,187
- Depreciation +€2,159
up €2,159 (+68.8%), from €3,137 to €5,296
- Gross operating margin -€2,152
down €2,152 (-2.7%), from €79,837 to €77,685
- Other operating charges +€1,293
up €1,293 (+944.9%), from €137 to €1,429
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 | €116,880 | €128,424 | +€11,543 | +9.9% |
| Fixed assets | 21/28 | €26,124 | €36,543 | +€10,419 | +39.9% |
| Tangible fixed assets | 22/27 | €25,944 | €36,363 | +€10,419 | +40.2% |
| Plant, machinery and equipment | 23 | - | €13,392 | +€13,392 | |
| Furniture and vehicles | 24 | €278 | - | -€278 | |
| Other tangible fixed assets | 26 | €25,666 | €22,971 | -€2,695 | -10.5% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €90,757 | €91,881 | +€1,124 | +1.2% |
| Stocks and contracts in progress | 3 | €1,623 | €949 | -€674 | -41.6% |
| Stocks | 30/36 | €1,623 | €949 | -€674 | -41.6% |
| Amounts receivable within one year | 40/41 | €2,447 | €18,591 | +€16,144 | +659.8% |
| Trade receivables | 40 | €2,367 | €972 | -€1,395 | -58.9% |
| Other amounts receivable | 41 | €80 | €17,620 | +€17,539 | +21875.1% |
| Cash at bank and in hand | 54/58 | €86,093 | €69,245 | -€16,847 | -19.6% |
| Deferred charges and accrued income | 490/1 | €594 | €3,096 | +€2,501 | +420.9% |
| Total equity and liabilities | 10/49 | €116,880 | €128,424 | +€11,543 | +9.9% |
| Equity | 10/15 | €58,921 | €66,417 | +€7,496 | +12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,921 | €44,417 | +€7,496 | +20.3% |
| Amounts payable | 17/49 | €57,959 | €62,007 | +€4,047 | +7.0% |
| Amounts payable after more than one year | 17 | €19,857 | €25,551 | +€5,694 | +28.7% |
| Financial debts | 170/4 | €19,857 | €25,551 | +€5,694 | +28.7% |
| Amounts payable within one year | 42/48 | €38,102 | €36,456 | -€1,646 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €3,198 | €6,955 | +€3,756 | +117.4% |
| Trade debts | 44 | €7,613 | €5,187 | -€2,426 | -31.9% |
| Suppliers | 440/4 | €7,613 | €5,187 | -€2,426 | -31.9% |
| Taxes, remuneration and social security | 45 | €24,301 | €20,439 | -€3,862 | -15.9% |
| Taxes | 450/3 | €13,105 | €12,057 | -€1,048 | -8.0% |
| Remuneration and social security | 454/9 | €11,196 | €8,382 | -€2,814 | -25.1% |
| Other amounts payable | 47/48 | €2,990 | €3,876 | +€886 | +29.6% |
| Remuneration, social security and pensions | 62 | €58,193 | €58,654 | +€461 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,137 | €5,296 | +€2,159 | +68.8% |
| Other operating charges | 640/8 | €137 | €1,429 | +€1,293 | +944.9% |
| Gross operating margin | 9900 | €79,837 | €77,685 | -€2,152 | -2.7% |
| Operating profit (loss) | 9901 | €18,371 | €12,306 | -€6,065 | -33.0% |
| Financial income | 75/76B | €0 | €93 | +€93 | +84800.0% |
| Recurring financial income | 75 | €0 | €93 | +€93 | +84800.0% |
| Financial charges | 65/66B | €872 | €1,630 | +€758 | +86.9% |
| Recurring financial charges | 65 | €872 | €1,630 | +€758 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €17,499 | €10,769 | -€6,730 | -38.5% |
| Income taxes | 67/77 | €3,819 | €3,273 | -€546 | -14.3% |
| Profit (loss) for the period | 9904 | €13,680 | €7,496 | -€6,184 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,680 | €7,496 | -€6,184 | -45.2% |
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.