SUNAIRCO: what changed
SUNAIRCO
Largest movements
- Cash +€22,740
up €22,740 (+71.4%), from €31,859 to €54,599
mainly Net result for the year (+€33,242) and Depreciation (+€18,259)
- Tangible fixed assets -€11,026
down €11,026 (-26.9%), from €40,995 to €29,969
of which Furniture and vehicles: -€9,514
- Stocks and contracts +€10,672
up €10,672 (+121%), from €8,855 to €19,526
- Intangible fixed assets -€3,475
down €3,475 (-67.1%), from €5,179 to €1,704
- Reserves +€33,000
up €33,000 (+53.2%), from €62,000 to €95,000
- Trade debts -€10,846
down €10,846 (-88.6%), from €12,238 to €1,391
- Tax, wage and social debts -€7,766
down €7,766 (-100%), from €7,766 to €0
of which Taxes: -€7,766
- Other debts +€2,411
up €2,411 (+4.3%), from €56,373 to €58,784
- Accrued charges and deferred income +€1,868
new in 2025: €1,868
- Gross operating margin +€28,343
up €28,343 (+79.0%), from €35,882 to €64,225
- Taxes +€5,289
up €5,289 (+161%), from €3,279 to €8,568
- Financial charges +€1,631
up €1,631 (+82.7%), from €1,972 to €3,603
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,944 | €162,063 | +€20,120 | +14.2% |
| Fixed assets | 21/28 | €48,874 | €34,372 | -€14,502 | -29.7% |
| Intangible fixed assets | 21 | €5,179 | €1,704 | -€3,475 | -67.1% |
| Tangible fixed assets | 22/27 | €40,995 | €29,969 | -€11,026 | -26.9% |
| Land and buildings | 22 | €2,645 | €2,323 | -€322 | -12.2% |
| Plant, machinery and equipment | 23 | €6,656 | €5,466 | -€1,190 | -17.9% |
| Furniture and vehicles | 24 | €31,694 | €22,180 | -€9,514 | -30.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €93,070 | €127,691 | +€34,621 | +37.2% |
| Stocks and contracts in progress | 3 | €8,855 | €19,526 | +€10,672 | +121% |
| Stocks | 30/36 | €8,855 | €19,526 | +€10,672 | +121% |
| Amounts receivable within one year | 40/41 | €52,041 | €52,964 | +€923 | +1.8% |
| Trade receivables | 40 | €6,120 | €10,788 | +€4,668 | +76.3% |
| Other amounts receivable | 41 | €45,921 | €42,176 | -€3,745 | -8.2% |
| Cash at bank and in hand | 54/58 | €31,859 | €54,599 | +€22,740 | +71.4% |
| Deferred charges and accrued income | 490/1 | €315 | €602 | +€286 | +90.8% |
| Total equity and liabilities | 10/49 | €141,944 | €162,063 | +€20,120 | +14.2% |
| Equity | 10/15 | €65,567 | €98,809 | +€33,242 | +50.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,000 | €95,000 | +€33,000 | +53.2% |
| Distributable reserves | 133 | €62,000 | €95,000 | +€33,000 | +53.2% |
| Profit (loss) carried forward | 14 | €567 | €809 | +€242 | +42.7% |
| Amounts payable | 17/49 | €76,377 | €63,254 | -€13,123 | -17.2% |
| Amounts payable within one year | 42/48 | €76,377 | €61,386 | -€14,991 | -19.6% |
| Trade debts | 44 | €12,238 | €1,391 | -€10,846 | -88.6% |
| Suppliers | 440/4 | €12,238 | €1,391 | -€10,846 | -88.6% |
| Advances received on contracts in progress | 46 | - | €1,210 | +€1,210 | |
| Taxes, remuneration and social security | 45 | €7,766 | €0 | -€7,766 | -100% |
| Taxes | 450/3 | €7,766 | €0 | -€7,766 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €56,373 | €58,784 | +€2,411 | +4.3% |
| Accrued charges and deferred income | 492/3 | - | €1,868 | +€1,868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,430 | €18,259 | -€171 | -0.9% |
| Other operating charges | 640/8 | €480 | €559 | +€80 | +16.6% |
| Gross operating margin | 9900 | €35,882 | €64,225 | +€28,343 | +79.0% |
| Operating profit (loss) | 9901 | €16,972 | €45,406 | +€28,434 | +168% |
| Financial income | 75/76B | €32 | €7 | -€25 | -77.7% |
| Recurring financial income | 75 | €32 | €7 | -€25 | -77.7% |
| Financial charges | 65/66B | €1,972 | €3,603 | +€1,631 | +82.7% |
| Recurring financial charges | 65 | €1,972 | €3,603 | +€1,631 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €15,032 | €41,810 | +€26,778 | +178% |
| Income taxes | 67/77 | €3,279 | €8,568 | +€5,289 | +161% |
| Profit (loss) for the period | 9904 | €11,753 | €33,242 | +€21,489 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €11,753 | €33,242 | +€21,489 | +183% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.