SUN INVEST: 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 INVEST
Largest movements
- Current investments +€360,025
up €360,025 (+142%), from €253,208 to €613,232
- Financial fixed assets -€336,169
down €336,169 (-43.7%), from €768,520 to €432,352
- Tangible fixed assets -€265,382
down €265,382 (-16.0%), from €1.7m to €1.4m
of which Leasing and similar rights: -€244,161
- Cash +€171,581
up €171,581 (+86.2%), from €199,015 to €370,597
mainly Net result for the year (+€715,638) and Trade debts (+€414,215)
- Receivables within one year +€62,481
up €62,481 (+3.6%), from €1.7m to €1.8m
of which Trade receivables: +€326,296
- Trade debts +€414,215
up €414,215 (+1,891%), from €21,906 to €436,121
- Profit (loss) carried forward -€284,362
down €284,362 (-37.3%), from €761,377 to €477,015
- Other debts +€250,675
up €250,675 (+25.1%), from €1.0m to €1.3m
- Debts after one year -€190,329
down €190,329 (-40.8%), from €465,983 to €275,654
- Current portion of long-term debt -€161,842
down €161,842 (-46.0%), from €352,171 to €190,329
- Gross operating margin -€654,376
down €654,376 (-43.9%), from €1.5m to €836,814
- Financial income -€491,811
down €491,811 (-76.3%), from €644,409 to €152,598
- Taxes -€101,073
down €101,073 (-92.1%), from €109,775 to €8,702
- Financial charges -€32,753
down €32,753 (-61.2%), from €53,528 to €20,775
- Provisions -€22,273
new in 2025: -€22,273
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 | €4,877,575 | €4,878,054 | +€479 | 0.0% |
| Fixed assets | 21/28 | €2,495,256 | €1,902,555 | -€592,701 | -23.8% |
| Intangible fixed assets | 21 | €65,580 | €74,430 | +€8,850 | +13.5% |
| Tangible fixed assets | 22/27 | €1,661,155 | €1,395,773 | -€265,382 | -16.0% |
| Plant, machinery and equipment | 23 | €119,337 | €98,116 | -€21,221 | -17.8% |
| Leasing and similar rights | 25 | €1,541,819 | €1,297,658 | -€244,161 | -15.8% |
| Financial fixed assets | 28 | €768,520 | €432,352 | -€336,169 | -43.7% |
| Current assets | 29/58 | €2,382,319 | €2,975,499 | +€593,180 | +24.9% |
| Amounts receivable within one year | 40/41 | €1,745,048 | €1,807,529 | +€62,481 | +3.6% |
| Trade receivables | 40 | €458,467 | €784,763 | +€326,296 | +71.2% |
| Other amounts receivable | 41 | €1,286,581 | €1,022,766 | -€263,815 | -20.5% |
| Current investments | 50/53 | €253,208 | €613,232 | +€360,025 | +142% |
| Cash at bank and in hand | 54/58 | €199,015 | €370,597 | +€171,581 | +86.2% |
| Deferred charges and accrued income | 490/1 | €185,048 | €184,141 | -€907 | -0.5% |
| Total equity and liabilities | 10/49 | €4,877,575 | €4,878,054 | +€479 | 0.0% |
| Equity | 10/15 | €2,914,107 | €2,629,745 | -€284,362 | -9.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €152,730 | €152,730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €152,730 | €152,730 | = | 0.0% |
| Legal reserve | 130 | €152,730 | €152,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €761,377 | €477,015 | -€284,362 | -37.3% |
| Provisions and deferred taxes | 16 | €85,862 | €63,590 | -€22,273 | -25.9% |
| Provisions for liabilities and charges | 160/5 | €85,862 | €63,590 | -€22,273 | -25.9% |
| Major repairs and maintenance | 162 | €85,862 | €63,590 | -€22,273 | -25.9% |
| Amounts payable | 17/49 | €1,877,605 | €2,184,719 | +€307,114 | +16.4% |
| Amounts payable after more than one year | 17 | €465,983 | €275,654 | -€190,329 | -40.8% |
| Financial debts | 170/4 | €465,983 | €275,654 | -€190,329 | -40.8% |
| Amounts payable within one year | 42/48 | €1,405,913 | €1,902,106 | +€496,192 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €352,171 | €190,329 | -€161,842 | -46.0% |
| Trade debts | 44 | €21,906 | €436,121 | +€414,215 | +1,891% |
| Suppliers | 440/4 | €21,906 | €436,121 | +€414,215 | +1,891% |
| Taxes, remuneration and social security | 45 | €31,586 | €24,730 | -€6,856 | -21.7% |
| Taxes | 450/3 | €31,586 | €24,730 | -€6,856 | -21.7% |
| Other amounts payable | 47/48 | €1,000,250 | €1,250,925 | +€250,675 | +25.1% |
| Accrued charges and deferred income | 492/3 | €5,709 | €6,959 | +€1,250 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265,382 | €265,382 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€22,273 | -€22,273 | |
| Other operating charges | 640/8 | €1,307 | €1,187 | -€121 | -9.2% |
| Gross operating margin | 9900 | €1,491,190 | €836,814 | -€654,376 | -43.9% |
| Operating profit (loss) | 9901 | €1,224,500 | €592,517 | -€631,983 | -51.6% |
| Financial income | 75/76B | €644,409 | €152,598 | -€491,811 | -76.3% |
| Recurring financial income | 75 | €644,409 | €152,598 | -€491,811 | -76.3% |
| Financial charges | 65/66B | €53,528 | €20,775 | -€32,753 | -61.2% |
| Recurring financial charges | 65 | €53,528 | €20,775 | -€32,753 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €1,815,381 | €724,340 | -€1.1m | -60.1% |
| Income taxes | 67/77 | €109,775 | €8,702 | -€101,073 | -92.1% |
| Profit (loss) for the period | 9904 | €1,705,606 | €715,638 | -€989,968 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,705,606 | €715,638 | -€989,968 | -58.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.