SUN TAN STUDIO: 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 TAN STUDIO
Largest movements
- Cash -€74,203
down €74,203 (-74.1%), from €100,193 to €25,990
mainly Trade debts (-€74,103) and Debts after one year (-€59,183)
- Tangible fixed assets -€40,852
down €40,852 (-8.1%), from €503,839 to €462,987
of which Plant, machinery and equipment: -€31,521
- Trade debts -€74,103
down €74,103 (-97.2%), from €76,225 to €2,122
- Debts after one year -€59,183
down €59,183 (-16.7%), from €354,298 to €295,115
- Reserves +€24,151
up €24,151 (+19.0%), from €127,181 to €151,331
of which Distributable reserves: +€24,151
- Other debts -€7,698
down €7,698 (-41.9%), from €18,370 to €10,672
- Tax, wage and social debts +€7,077
up €7,077 (+32.0%), from €22,088 to €29,165
of which Remuneration and social security: +€5,698
- Gross operating margin -€42,206
down €42,206 (-19.9%), from €212,175 to €169,970
- Taxes -€16,158
down €16,158 (-53.4%), from €30,242 to €14,084
- Staff costs +€9,852
up €9,852 (+18.1%), from €54,338 to €64,189
- Depreciation +€6,979
up €6,979 (+16.5%), from €42,327 to €49,307
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 | €700,806 | €586,212 | -€114,594 | -16.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €543,839 | €502,987 | -€40,852 | -7.5% |
| Tangible fixed assets | 22/27 | €503,839 | €462,987 | -€40,852 | -8.1% |
| Land and buildings | 22 | €255,093 | €252,244 | -€2,849 | -1.1% |
| Plant, machinery and equipment | 23 | €225,307 | €193,786 | -€31,521 | -14.0% |
| Furniture and vehicles | 24 | €23,439 | €16,957 | -€6,482 | -27.7% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €156,967 | €83,225 | -€73,742 | -47.0% |
| Amounts receivable within one year | 40/41 | €55,194 | €56,739 | +€1,545 | +2.8% |
| Trade receivables | 40 | €10,076 | €627 | -€9,449 | -93.8% |
| Other amounts receivable | 41 | €45,117 | €56,112 | +€10,995 | +24.4% |
| Cash at bank and in hand | 54/58 | €100,193 | €25,990 | -€74,203 | -74.1% |
| Deferred charges and accrued income | 490/1 | €1,581 | €496 | -€1,085 | -68.6% |
| Total equity and liabilities | 10/49 | €700,806 | €586,212 | -€114,594 | -16.4% |
| Equity | 10/15 | €145,781 | €169,931 | +€24,151 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,181 | €151,331 | +€24,151 | +19.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €125,321 | €149,471 | +€24,151 | +19.3% |
| Amounts payable | 17/49 | €555,026 | €416,281 | -€138,745 | -25.0% |
| Amounts payable after more than one year | 17 | €354,298 | €295,115 | -€59,183 | -16.7% |
| Financial debts | 170/4 | €354,298 | €295,115 | -€59,183 | -16.7% |
| Amounts payable within one year | 42/48 | €200,728 | €121,166 | -€79,562 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €84,045 | €79,207 | -€4,838 | -5.8% |
| Trade debts | 44 | €76,225 | €2,122 | -€74,103 | -97.2% |
| Suppliers | 440/4 | €76,225 | €2,122 | -€74,103 | -97.2% |
| Taxes, remuneration and social security | 45 | €22,088 | €29,165 | +€7,077 | +32.0% |
| Taxes | 450/3 | €17,894 | €19,272 | +€1,379 | +7.7% |
| Remuneration and social security | 454/9 | €4,194 | €9,893 | +€5,698 | +136% |
| Other amounts payable | 47/48 | €18,370 | €10,672 | -€7,698 | -41.9% |
| Non-recurring operating income | 76A | €5,264 | - | -€5,264 | |
| Remuneration, social security and pensions | 62 | €54,338 | €64,189 | +€9,852 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,327 | €49,307 | +€6,979 | +16.5% |
| Other operating charges | 640/8 | €3,220 | €3,046 | -€174 | -5.4% |
| Gross operating margin | 9900 | €212,175 | €169,970 | -€42,206 | -19.9% |
| Operating profit (loss) | 9901 | €112,290 | €53,428 | -€58,863 | -52.4% |
| Financial income | 75/76B | €36 | €19 | -€17 | -46.7% |
| Recurring financial income | 75 | €36 | €19 | -€17 | -46.7% |
| Financial charges | 65/66B | €14,862 | €15,212 | +€351 | +2.4% |
| Recurring financial charges | 65 | €14,862 | €15,212 | +€351 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €97,464 | €38,234 | -€59,230 | -60.8% |
| Income taxes | 67/77 | €30,242 | €14,084 | -€16,158 | -53.4% |
| Profit (loss) for the period | 9904 | €67,222 | €24,151 | -€43,071 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,222 | €24,151 | -€43,071 | -64.1% |
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 15 October 2026 via checked.be.