SUN GARDEN: 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.
SUN GARDEN
Largest movements
- Receivables within one year +€13,767
up €13,767 (+130%), from €10,561 to €24,328
of which Trade receivables: +€11,081
- Cash +€1,961
up €1,961 (+59.9%), from €3,272 to €5,233
mainly Net result for the year (+€10,136) and Tax, wage and social debts (+€6,116)
- Tangible fixed assets -€1,140
down €1,140 (-50.2%), from €2,270 to €1,129
of which Furniture and vehicles: -€1,548
- Profit (loss) carried forward +€10,136
up €10,136, from -€431 to €9,705
- Tax, wage and social debts +€6,116
up €6,116 (+167%), from €3,657 to €9,772
of which Taxes: +€5,339
- Trade debts -€1,498
down €1,498 (-19.0%), from €7,877 to €6,379
- Gross operating margin +€19,786
up €19,786 (+238%), from €8,324 to €28,111
- Staff costs +€9,631
up €9,631 (+1,330%), from €724 to €10,355
- Taxes +€2,869
up €2,869 (+434%), from €662 to €3,530
- Financial income -€586
no longer reported in 2025 (was €586)
of which Financial income: -€296
- Other operating charges +€498
up €498 (+335%), from €149 to €647
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 | €16,102 | €30,856 | +€14,753 | +91.6% |
| Fixed assets | 21/28 | €2,270 | €1,129 | -€1,140 | -50.2% |
| Tangible fixed assets | 22/27 | €2,270 | €1,129 | -€1,140 | -50.2% |
| Plant, machinery and equipment | 23 | €697 | €1,104 | +€408 | +58.5% |
| Furniture and vehicles | 24 | €1,573 | €25 | -€1,548 | -98.4% |
| Current assets | 29/58 | €13,833 | €29,727 | +€15,894 | +115% |
| Amounts receivable within one year | 40/41 | €10,561 | €24,328 | +€13,767 | +130% |
| Trade receivables | 40 | €9,841 | €20,922 | +€11,081 | +113% |
| Other amounts receivable | 41 | €720 | €3,406 | +€2,686 | +373% |
| Cash at bank and in hand | 54/58 | €3,272 | €5,233 | +€1,961 | +59.9% |
| Deferred charges and accrued income | 490/1 | - | €166 | +€166 | |
| Total equity and liabilities | 10/49 | €16,102 | €30,856 | +€14,753 | +91.6% |
| Equity | 10/15 | €4,569 | €14,705 | +€10,136 | +222% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€431 | €9,705 | +€10,136 | |
| Amounts payable | 17/49 | €11,533 | €16,151 | +€4,618 | +40.0% |
| Amounts payable within one year | 42/48 | €11,533 | €16,151 | +€4,618 | +40.0% |
| Trade debts | 44 | €7,877 | €6,379 | -€1,498 | -19.0% |
| Suppliers | 440/4 | €7,877 | €6,379 | -€1,498 | -19.0% |
| Taxes, remuneration and social security | 45 | €3,657 | €9,772 | +€6,116 | +167% |
| Taxes | 450/3 | €3,657 | €8,996 | +€5,339 | +146% |
| Remuneration and social security | 454/9 | - | €777 | +€777 | |
| Non-recurring operating income | 76A | - | €342 | +€342 | |
| Remuneration, social security and pensions | 62 | €724 | €10,355 | +€9,631 | +1,330% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,516 | €1,409 | -€107 | -7.1% |
| Other operating charges | 640/8 | €149 | €647 | +€498 | +335% |
| Gross operating margin | 9900 | €8,324 | €28,111 | +€19,786 | +238% |
| Operating profit (loss) | 9901 | €5,935 | €15,700 | +€9,765 | +165% |
| Financial income | 75/76B | €586 | - | -€586 | |
| Recurring financial income | 75 | €296 | - | -€296 | |
| Non-recurring financial income | 76B | €290 | - | -€290 | |
| Financial charges | 65/66B | €2,207 | €2,035 | -€173 | -7.8% |
| Recurring financial charges | 65 | €2,207 | €1,714 | -€493 | -22.3% |
| Non-recurring financial charges | 66B | - | €320 | +€320 | |
| Profit (loss) for the period before taxes | 9903 | €4,314 | €13,666 | +€9,351 | +217% |
| Income taxes | 67/77 | €662 | €3,530 | +€2,869 | +434% |
| Profit (loss) for the period | 9904 | €3,653 | €10,136 | +€6,483 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €3,653 | €10,136 | +€6,483 | +177% |
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 17 October 2026 via checked.be.