Sunart: 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.
Sunart
Largest movements
- Cash +€9,222
up €9,222 (+137.3%), from €6,718 to €15,939
mainly Depreciation (+€12,987) and Advances received (+€6,424)
- Intangible fixed assets -€8,571
down €8,571 (-23.9%), from €35,859 to €27,288
- Tangible fixed assets -€4,416
down €4,416 (-38.5%), from €11,471 to €7,055
of which Plant, machinery and equipment: -€4,265
- Debts after one year -€14,205
down €14,205 (-29.5%), from €48,206 to €34,001
- Advances received +€6,424
up €6,424 (+623.2%), from €1,031 to €7,454
- Trade debts +€5,420
up €5,420 (+20.2%), from €26,859 to €32,279
- Accrued charges and deferred income -€3,812
down €3,812 (-91.7%), from €4,157 to €344
- Short-term financial debts -€3,362
down €3,362 (-99.8%), from €3,369 to €7
- Gross operating margin +€41,179
up €41,179 (+183.1%), from €22,489 to €63,668
- Staff costs +€23,460
up €23,460 (+102.6%), from €22,872 to €46,332
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 | €92,349 | €87,759 | -€4,591 | -5.0% |
| Fixed assets | 21/28 | €47,330 | €34,353 | -€12,977 | -27.4% |
| Intangible fixed assets | 21 | €35,859 | €27,288 | -€8,571 | -23.9% |
| Tangible fixed assets | 22/27 | €11,471 | €7,055 | -€4,416 | -38.5% |
| Plant, machinery and equipment | 23 | €11,320 | €7,055 | -€4,265 | -37.7% |
| Furniture and vehicles | 24 | €151 | - | -€151 | |
| Financial fixed assets | 28 | - | €10 | +€10 | |
| Current assets | 29/58 | €45,020 | €53,406 | +€8,386 | +18.6% |
| Amounts receivable within one year | 40/41 | €38,295 | €37,462 | -€833 | -2.2% |
| Trade receivables | 40 | €13,634 | €23,547 | +€9,912 | +72.7% |
| Other amounts receivable | 41 | €24,660 | €13,915 | -€10,745 | -43.6% |
| Cash at bank and in hand | 54/58 | €6,718 | €15,939 | +€9,222 | +137.3% |
| Deferred charges and accrued income | 490/1 | €7 | €5 | -€2 | -35.3% |
| Total equity and liabilities | 10/49 | €92,349 | €87,759 | -€4,591 | -5.0% |
| Equity | 10/15 | -€14,210 | -€13,388 | +€822 | +5.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,210 | -€18,388 | +€822 | +4.3% |
| Amounts payable | 17/49 | €106,559 | €101,146 | -€5,413 | -5.1% |
| Amounts payable after more than one year | 17 | €48,206 | €34,001 | -€14,205 | -29.5% |
| Financial debts | 170/4 | €48,206 | €34,001 | -€14,205 | -29.5% |
| Amounts payable within one year | 42/48 | €54,196 | €66,801 | +€12,604 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €13,710 | €14,205 | +€494 | +3.6% |
| Financial debts | 43 | €3,369 | €7 | -€3,362 | -99.8% |
| Credit institutions | 430/8 | €3,369 | €7 | -€3,362 | -99.8% |
| Trade debts | 44 | €26,859 | €32,279 | +€5,420 | +20.2% |
| Suppliers | 440/4 | €26,859 | €32,279 | +€5,420 | +20.2% |
| Advances received on contracts in progress | 46 | €1,031 | €7,454 | +€6,424 | +623.2% |
| Taxes, remuneration and social security | 45 | €9,227 | €11,271 | +€2,044 | +22.2% |
| Taxes | 450/3 | €82 | €4,711 | +€4,629 | +5638.9% |
| Remuneration and social security | 454/9 | €9,145 | €6,560 | -€2,585 | -28.3% |
| Other amounts payable | 47/48 | - | €1,584 | +€1,584 | |
| Accrued charges and deferred income | 492/3 | €4,157 | €344 | -€3,812 | -91.7% |
| Remuneration, social security and pensions | 62 | €22,872 | €46,332 | +€23,460 | +102.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,387 | €12,987 | -€400 | -3.0% |
| Other operating charges | 640/8 | - | €318 | +€318 | |
| Gross operating margin | 9900 | €22,489 | €63,668 | +€41,179 | +183.1% |
| Operating profit (loss) | 9901 | -€13,770 | €4,030 | +€17,800 | |
| Financial income | 75/76B | €31 | €18 | -€13 | -41.8% |
| Recurring financial income | 75 | €31 | €18 | -€13 | -41.8% |
| Financial charges | 65/66B | €3,481 | €3,226 | -€255 | -7.3% |
| Recurring financial charges | 65 | €3,481 | €3,226 | -€255 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,220 | €822 | +€18,042 | |
| Profit (loss) for the period | 9904 | -€17,220 | €822 | +€18,042 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,220 | €822 | +€18,042 |
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 10 October 2026 via checked.be.