SUN STYLE: 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 STYLE
Largest movements
- Stocks and contracts -€294,675
down €294,675 (-50.3%), from €585,341 to €290,666
- Receivables within one year -€10,223
down €10,223 (-47.4%), from €21,553 to €11,330
of which Trade receivables: -€10,223
- Trade debts -€222,000
down €222,000 (-39.5%), from €561,730 to €339,730
- Profit (loss) carried forward -€106,150
down €106,150, from €13,364 to -€92,786
- Tax, wage and social debts +€23,054
up €23,054 (+226.6%), from €10,173 to €33,227
of which Remuneration and social security: +€18,676
- Other debts +€10,252
new in 2024: €10,252
- Debts after one year -€7,231
down €7,231 (-98.6%), from €7,334 to €103
- Purchases and services +€179,552
up €179,552 (+48.9%), from €367,170 to €546,722
- Gross operating margin -€114,213
down €114,213, from €58,529 to -€55,684
- Turnover +€62,583
up €62,583 (+14.7%), from €425,687 to €488,270
- Other operating charges -€13,349
down €13,349 (-92.7%), from €14,396 to €1,047
- Staff costs +€9,219
up €9,219 (+24.4%), from €37,811 to €47,030
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €611,655 | €309,580 | -€302,075 | -49.4% |
| Fixed assets | 21/28 | €1,991 | €1,301 | -€690 | -34.7% |
| Tangible fixed assets | 22/27 | €690 | - | -€690 | |
| Furniture and vehicles | 24 | €690 | - | -€690 | |
| Financial fixed assets | 28 | €1,301 | €1,301 | = | 0.0% |
| Current assets | 29/58 | €609,664 | €308,279 | -€301,385 | -49.4% |
| Stocks and contracts in progress | 3 | €585,341 | €290,666 | -€294,675 | -50.3% |
| Stocks | 30/36 | €585,341 | €290,666 | -€294,675 | -50.3% |
| Amounts receivable within one year | 40/41 | €21,553 | €11,330 | -€10,223 | -47.4% |
| Trade receivables | 40 | €11,553 | €1,330 | -€10,223 | -88.5% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,770 | €6,283 | +€3,513 | +126.8% |
| Total equity and liabilities | 10/49 | €611,655 | €309,580 | -€302,075 | -49.4% |
| Equity | 10/15 | €32,418 | -€73,732 | -€106,150 | |
| Contributions | 10/11 | €18,230 | €18,230 | = | 0.0% |
| Capital | 10 | €18,230 | - | -€18,230 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €370 | - | -€370 | |
| Outside capital | 11 | - | €18,230 | +€18,230 | |
| Other | 1109/19 | - | €18,230 | +€18,230 | |
| Reserves | 13 | €824 | €824 | = | 0.0% |
| Non-distributable reserves | 130/1 | €824 | €824 | = | 0.0% |
| Legal reserve | 130 | €824 | - | -€824 | |
| Reserves not available under the articles | 1311 | - | €824 | +€824 | |
| Profit (loss) carried forward | 14 | €13,364 | -€92,786 | -€106,150 | |
| Amounts payable | 17/49 | €579,237 | €383,312 | -€195,925 | -33.8% |
| Amounts payable after more than one year | 17 | €7,334 | €103 | -€7,231 | -98.6% |
| Financial debts | 170/4 | €7,334 | €103 | -€7,231 | -98.6% |
| Amounts payable within one year | 42/48 | €571,903 | €383,209 | -€188,694 | -33.0% |
| Trade debts | 44 | €561,730 | €339,730 | -€222,000 | -39.5% |
| Suppliers | 440/4 | €561,730 | €339,730 | -€222,000 | -39.5% |
| Taxes, remuneration and social security | 45 | €10,173 | €33,227 | +€23,054 | +226.6% |
| Taxes | 450/3 | €7,289 | €11,667 | +€4,378 | +60.1% |
| Remuneration and social security | 454/9 | €2,884 | €21,560 | +€18,676 | +647.6% |
| Other amounts payable | 47/48 | - | €10,252 | +€10,252 | |
| Turnover | 70 | €425,687 | €488,270 | +€62,583 | +14.7% |
| Non-recurring operating income | 76A | - | €2,768 | +€2,768 | |
| Goods, raw materials, services and sundry goods | 60/61 | €367,170 | €546,722 | +€179,552 | +48.9% |
| Remuneration, social security and pensions | 62 | €37,811 | €47,030 | +€9,219 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,384 | €690 | -€694 | -50.1% |
| Other operating charges | 640/8 | €14,396 | €1,047 | -€13,349 | -92.7% |
| Gross operating margin | 9900 | €58,529 | -€55,684 | -€114,213 | |
| Operating profit (loss) | 9901 | €4,938 | -€104,451 | -€109,389 | |
| Financial charges | 65/66B | €3,205 | €1,699 | -€1,506 | -47.0% |
| Recurring financial charges | 65 | €3,205 | €1,699 | -€1,506 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €1,733 | -€106,150 | -€107,883 | |
| Income taxes | 67/77 | €1,756 | - | -€1,756 | |
| Profit (loss) for the period | 9904 | -€23 | -€106,150 | -€106,127 | -461421.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23 | -€106,150 | -€106,127 | -461421.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.