SUNART: 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.
SUNART
Largest movements
- Receivables within one year +€2,585
up €2,585 (+150.9%), from €1,714 to €4,299
of which Trade receivables: +€3,898
- Tangible fixed assets +€1,922
up €1,922 (+193.1%), from €996 to €2,918
- Cash +€1,464
up €1,464 (+11.4%), from €12,826 to €14,290
mainly Trade debts (+€3,200) and Net result for the year (+€2,193)
- Trade debts +€3,200
up €3,200 (+482.1%), from €664 to €3,864
- Profit (loss) carried forward +€2,193
up €2,193 (+40.2%), from -€5,457 to -€3,264
- Tax, wage and social debts +€446
new in 2025: €446
- Gross operating margin -€1,555
down €1,555 (-27.4%), from €5,668 to €4,114
- Depreciation +€456
up €456 (+68.8%), from €664 to €1,120
- Other operating charges -€94
down €94 (-12.6%), from €748 to €654
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 | €15,785 | €21,717 | +€5,932 | +37.6% |
| Fixed assets | 21/28 | €996 | €2,918 | +€1,922 | +193.1% |
| Tangible fixed assets | 22/27 | €996 | €2,918 | +€1,922 | +193.1% |
| Furniture and vehicles | 24 | €996 | €2,918 | +€1,922 | +193.1% |
| Current assets | 29/58 | €14,789 | €18,799 | +€4,010 | +27.1% |
| Stocks and contracts in progress | 3 | €250 | €210 | -€40 | -16.0% |
| Stocks | 30/36 | €250 | €210 | -€40 | -16.0% |
| Amounts receivable within one year | 40/41 | €1,714 | €4,299 | +€2,585 | +150.9% |
| Trade receivables | 40 | €401 | €4,299 | +€3,898 | +971.4% |
| Other amounts receivable | 41 | €1,312 | - | -€1,312 | |
| Cash at bank and in hand | 54/58 | €12,826 | €14,290 | +€1,464 | +11.4% |
| Total equity and liabilities | 10/49 | €15,785 | €21,717 | +€5,932 | +37.6% |
| Equity | 10/15 | €15,003 | €17,196 | +€2,193 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,457 | -€3,264 | +€2,193 | +40.2% |
| Amounts payable | 17/49 | €782 | €4,521 | +€3,739 | +477.9% |
| Amounts payable within one year | 42/48 | €782 | €4,521 | +€3,739 | +477.9% |
| Trade debts | 44 | €664 | €3,864 | +€3,200 | +482.1% |
| Suppliers | 440/4 | €664 | €3,864 | +€3,200 | +482.1% |
| Taxes, remuneration and social security | 45 | - | €446 | +€446 | |
| Taxes | 450/3 | - | €446 | +€446 | |
| Other amounts payable | 47/48 | €119 | €211 | +€93 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €1,120 | +€456 | +68.8% |
| Other operating charges | 640/8 | €748 | €654 | -€94 | -12.6% |
| Gross operating margin | 9900 | €5,668 | €4,114 | -€1,555 | -27.4% |
| Operating profit (loss) | 9901 | €4,257 | €2,340 | -€1,917 | -45.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €187 | €147 | -€40 | -21.6% |
| Recurring financial charges | 65 | €187 | €147 | -€40 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €4,070 | €2,193 | -€1,877 | -46.1% |
| Profit (loss) for the period | 9904 | €4,070 | €2,193 | -€1,877 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,070 | €2,193 | -€1,877 | -46.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.