SUN SHINE: 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 SHINE
Largest movements
- Cash -€17,790
down €17,790 (-41.1%), from €43,272 to €25,482
mainly Stocks and contracts (-€13,674) and Net result for the year (-€13,356)
- Stocks and contracts +€13,674
up €13,674 (+65.6%), from €20,846 to €34,521
- Receivables within one year -€2,785
down €2,785 (-100.0%), from €2,785 to €0
- Reserves -€13,356
down €13,356 (-43.2%), from €30,914 to €17,558
of which Distributable reserves: -€13,356
- Trade debts +€5,735
up €5,735 (+48.2%), from €11,907 to €17,642
- Tax, wage and social debts +€720
up €720 (+13.1%), from €5,491 to €6,211
- Gross operating margin -€25,301
down €25,301, from €24,283 to -€1,018
- Financial charges -€7,186
down €7,186 (-87.5%), from €8,211 to €1,026
of which Non-recurring financial charges: -€7,389
- Taxes -€2,780
down €2,780 (-92.1%), from €3,019 to €239
- Financial income -€1,422
down €1,422 (-98.4%), from €1,445 to €23
- Staff costs +€1,239
up €1,239 (+25.0%), from €4,961 to €6,200
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 | €66,903 | €60,003 | -€6,901 | -10.3% |
| Current assets | 29/58 | €66,903 | €60,003 | -€6,901 | -10.3% |
| Stocks and contracts in progress | 3 | €20,846 | €34,521 | +€13,674 | +65.6% |
| Stocks | 30/36 | €20,846 | €34,521 | +€13,674 | +65.6% |
| Amounts receivable within one year | 40/41 | €2,785 | €0 | -€2,785 | -100.0% |
| Trade receivables | 40 | €2,785 | €0 | -€2,785 | -100.0% |
| Cash at bank and in hand | 54/58 | €43,272 | €25,482 | -€17,790 | -41.1% |
| Total equity and liabilities | 10/49 | €66,903 | €60,003 | -€6,901 | -10.3% |
| Equity | 10/15 | €49,506 | €36,150 | -€13,356 | -27.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,914 | €17,558 | -€13,356 | -43.2% |
| Non-distributable reserves | 130/1 | €528 | €528 | = | 0.0% |
| Reserves not available under the articles | 1311 | €528 | €528 | = | 0.0% |
| Distributable reserves | 133 | €30,385 | €17,030 | -€13,356 | -44.0% |
| Amounts payable | 17/49 | €17,398 | €23,853 | +€6,455 | +37.1% |
| Amounts payable within one year | 42/48 | €17,398 | €23,853 | +€6,455 | +37.1% |
| Trade debts | 44 | €11,907 | €17,642 | +€5,735 | +48.2% |
| Suppliers | 440/4 | €11,907 | €17,642 | +€5,735 | +48.2% |
| Taxes, remuneration and social security | 45 | €5,491 | €6,211 | +€720 | +13.1% |
| Taxes | 450/3 | €5,491 | €6,211 | +€720 | +13.1% |
| Remuneration, social security and pensions | 62 | €4,961 | €6,200 | +€1,239 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €0 | -€46 | -100.0% |
| Other operating charges | 640/8 | €2,875 | €2,712 | -€164 | -5.7% |
| Non-recurring operating charges | 66A | - | €2,184 | +€2,184 | |
| Gross operating margin | 9900 | €24,283 | -€1,018 | -€25,301 | |
| Operating profit (loss) | 9901 | €16,400 | -€12,114 | -€28,515 | |
| Financial income | 75/76B | €1,445 | €23 | -€1,422 | -98.4% |
| Recurring financial income | 75 | €1,445 | €23 | -€1,422 | -98.4% |
| Financial charges | 65/66B | €8,211 | €1,026 | -€7,186 | -87.5% |
| Recurring financial charges | 65 | €822 | €1,026 | +€204 | +24.8% |
| Non-recurring financial charges | 66B | €7,389 | - | -€7,389 | |
| Profit (loss) for the period before taxes | 9903 | €9,634 | -€13,117 | -€22,751 | |
| Income taxes | 67/77 | €3,019 | €239 | -€2,780 | -92.1% |
| Profit (loss) for the period | 9904 | €6,615 | -€13,356 | -€19,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,615 | -€13,356 | -€19,970 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.