SUN CHILD: 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.
SUN CHILD
Largest movements
- Current investments +€206,782
up €206,782 (+15.2%), from €1.4m to €1.6m
- Receivables within one year +€46,031
up €46,031 (+3131.1%), from €1,470 to €47,501
of which Other amounts receivable: +€46,053
- Debts within one year +€339,574
up €339,574 (+2104.8%), from €16,133 to €355,707
- Profit (loss) carried forward -€71,526
down €71,526 (-44.7%), from €159,884 to €88,358
- Accrued charges and deferred income -€27,671
down €27,671 (-84.7%), from €32,662 to €4,992
- Gross operating margin -€208,827
down €208,827, from €157,139 to -€51,688
- Financial charges -€44,467
down €44,467, from €27,699 to -€16,768
- Financial income -€33,300
down €33,300 (-91.7%), from €36,303 to €3,003
- Other operating charges -€9,584
down €9,584 (-63.2%), from €15,170 to €5,586
- Staff costs -€7,561
down €7,561 (-22.3%), from €33,932 to €26,371
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 | €1,552,189 | €1,792,566 | +€240,377 | +15.5% |
| Fixed assets | 21/28 | €119,349 | €111,832 | -€7,517 | -6.3% |
| Intangible fixed assets | 21 | €2,119 | €1,412 | -€706 | -33.3% |
| Tangible fixed assets | 22/27 | €117,060 | €110,248 | -€6,811 | -5.8% |
| Land and buildings | 22 | €115,465 | €109,708 | -€5,757 | -5.0% |
| Furniture and vehicles | 24 | €1,594 | €540 | -€1,054 | -66.1% |
| Financial fixed assets | 28 | €171 | €171 | = | 0.0% |
| Current assets | 29/58 | €1,432,840 | €1,680,734 | +€247,894 | +17.3% |
| Amounts receivable within one year | 40/41 | €1,470 | €47,501 | +€46,031 | +3131.1% |
| Trade receivables | 40 | €22 | €0 | -€22 | -100.0% |
| Other amounts receivable | 41 | €1,448 | €47,501 | +€46,053 | +3180.1% |
| Current investments | 50/53 | €1,362,494 | €1,569,276 | +€206,782 | +15.2% |
| Cash at bank and in hand | 54/58 | €43,386 | €41,864 | -€1,522 | -3.5% |
| Deferred charges and accrued income | 490/1 | €25,491 | €22,094 | -€3,397 | -13.3% |
| Total equity and liabilities | 10/49 | €1,552,189 | €1,792,566 | +€240,377 | +15.5% |
| Equity | 10/15 | €1,503,394 | €1,431,868 | -€71,526 | -4.8% |
| Contributions | 10/11 | €1,343,510 | €1,343,510 | = | 0.0% |
| Capital | 10 | €1,343,510 | €1,343,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,884 | €88,358 | -€71,526 | -44.7% |
| Amounts payable | 17/49 | €48,795 | €360,698 | +€311,903 | +639.2% |
| Amounts payable within one year | 42/48 | €16,133 | €355,707 | +€339,574 | +2104.8% |
| Trade debts | 44 | €11,980 | €13,671 | +€1,691 | +14.1% |
| Suppliers | 440/4 | €11,980 | €13,671 | +€1,691 | +14.1% |
| Taxes, remuneration and social security | 45 | €1,603 | €5,077 | +€3,474 | +216.7% |
| Taxes | 450/3 | €0 | €176 | +€176 | |
| Remuneration and social security | 454/9 | €1,603 | €4,900 | +€3,297 | +205.7% |
| Accrued charges and deferred income | 492/3 | €32,662 | €4,992 | -€27,671 | -84.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €33,932 | €26,371 | -€7,561 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,517 | €7,517 | = | 0.0% |
| Other operating charges | 640/8 | €15,170 | €5,586 | -€9,584 | -63.2% |
| Non-recurring operating charges | 66A | €1,122 | €134 | -€988 | -88.1% |
| Gross operating margin | 9900 | €157,139 | -€51,688 | -€208,827 | |
| Operating profit (loss) | 9901 | €99,398 | -€91,297 | -€190,694 | |
| Financial income | 75/76B | €36,303 | €3,003 | -€33,300 | -91.7% |
| Recurring financial income | 75 | €36,303 | €3,003 | -€33,300 | -91.7% |
| Financial charges | 65/66B | €27,699 | -€16,768 | -€44,467 | |
| Recurring financial charges | 65 | €27,699 | -€16,768 | -€44,467 | |
| Profit (loss) for the period before taxes | 9903 | €108,002 | -€71,526 | -€179,528 | |
| Income taxes | 67/77 | €1,740 | €0 | -€1,740 | -100.0% |
| Profit (loss) for the period | 9904 | €106,262 | -€71,526 | -€177,788 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,262 | -€71,526 | -€177,788 |
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 8 October 2026 via checked.be.