SUNATHIM: 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.
SUNATHIM
Largest movements
- Cash +€30,601
up €30,601 (+193.4%), from €15,821 to €46,422
mainly Receivables within one year (+€17,741) and Net result for the year (+€6,059)
- Receivables within one year -€17,741
down €17,741 (-40.4%), from €43,960 to €26,219
of which Trade receivables: -€17,532
- Deferred charges and accrued income -€4,462
down €4,462 (-40.4%), from €11,037 to €6,575
- Reserves +€6,059
up €6,059 (+13.9%), from €43,736 to €49,795
- Tax, wage and social debts -€4,372
down €4,372 (-74.6%), from €5,861 to €1,489
- Accrued charges and deferred income +€3,801
new in 2025: €3,801
- Trade debts +€2,157
up €2,157 (+208.0%), from €1,037 to €3,193
- Gross operating margin -€45,182
down €45,182 (-72.8%), from €62,096 to €16,914
- Taxes -€4,277
down €4,277 (-49.6%), from €8,627 to €4,350
- Financial income -€1,513
down €1,513 (-100.0%), from €1,513 to €0
- Financial charges +€1,435
up €1,435 (+35.8%), from €4,005 to €5,439
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 | €71,876 | €79,728 | +€7,852 | +10.9% |
| Fixed assets | 21/28 | €1,058 | €512 | -€546 | -51.6% |
| Tangible fixed assets | 22/27 | €1,058 | €512 | -€546 | -51.6% |
| Furniture and vehicles | 24 | €1,058 | €512 | -€546 | -51.6% |
| Current assets | 29/58 | €70,818 | €79,216 | +€8,398 | +11.9% |
| Amounts receivable within one year | 40/41 | €43,960 | €26,219 | -€17,741 | -40.4% |
| Trade receivables | 40 | €43,453 | €25,921 | -€17,532 | -40.3% |
| Other amounts receivable | 41 | €508 | €299 | -€209 | -41.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,821 | €46,422 | +€30,601 | +193.4% |
| Deferred charges and accrued income | 490/1 | €11,037 | €6,575 | -€4,462 | -40.4% |
| Total equity and liabilities | 10/49 | €71,876 | €79,728 | +€7,852 | +10.9% |
| Equity | 10/15 | €63,736 | €69,795 | +€6,059 | +9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,736 | €49,795 | +€6,059 | +13.9% |
| Distributable reserves | 133 | €43,736 | €49,795 | +€6,059 | +13.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,140 | €9,933 | +€1,794 | +22.0% |
| Amounts payable within one year | 42/48 | €8,140 | €6,132 | -€2,008 | -24.7% |
| Trade debts | 44 | €1,037 | €3,193 | +€2,157 | +208.0% |
| Suppliers | 440/4 | €1,037 | €3,193 | +€2,157 | +208.0% |
| Taxes, remuneration and social security | 45 | €5,861 | €1,489 | -€4,372 | -74.6% |
| Taxes | 450/3 | €5,861 | €1,489 | -€4,372 | -74.6% |
| Other amounts payable | 47/48 | €1,242 | €1,450 | +€208 | +16.7% |
| Accrued charges and deferred income | 492/3 | - | €3,801 | +€3,801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €811 | €546 | -€265 | -32.7% |
| Other operating charges | 640/8 | €558 | €520 | -€39 | -6.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €62,096 | €16,914 | -€45,182 | -72.8% |
| Operating profit (loss) | 9901 | €60,727 | €15,848 | -€44,879 | -73.9% |
| Financial income | 75/76B | €1,513 | €0 | -€1,513 | -100.0% |
| Recurring financial income | 75 | €1,513 | €0 | -€1,513 | -100.0% |
| Financial charges | 65/66B | €4,005 | €5,439 | +€1,435 | +35.8% |
| Recurring financial charges | 65 | €4,005 | €5,439 | +€1,435 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €58,235 | €10,409 | -€47,826 | -82.1% |
| Income taxes | 67/77 | €8,627 | €4,350 | -€4,277 | -49.6% |
| Profit (loss) for the period | 9904 | €49,608 | €6,059 | -€43,549 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,608 | €6,059 | -€43,549 | -87.8% |
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 4 October 2026 via checked.be.