SUNBEACH: 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.
SUNBEACH
Largest movements
- Cash +€85,039
up €85,039 (+52.5%), from €161,951 to €246,990
mainly Net result for the year (+€188,688) and Depreciation (+€100,079)
- Tangible fixed assets +€53,245
up €53,245 (+5.7%), from €936,249 to €989,494
of which Plant, machinery and equipment: +€84,207
- Reserves +€88,680
up €88,680 (+16.7%), from €529,803 to €618,483
- Other debts +€65,378
up €65,378 (+131.6%), from €49,664 to €115,043
- Debts after one year -€48,940
down €48,940 (-8.7%), from €564,080 to €515,140
- Tax, wage and social debts +€19,946
up €19,946 (+317.9%), from €6,274 to €26,220
of which Taxes: +€15,388
- Gross operating margin +€214,287
up €214,287 (+42.9%), from €499,869 to €714,156
- Taxes +€58,974
up €58,974 (+227.6%), from €25,908 to €84,882
- Staff costs +€38,277
up €38,277 (+15.5%), from €246,464 to €284,741
- Other operating charges -€26,581
down €26,581 (-44.5%), from €59,767 to €33,186
- Depreciation +€13,539
up €13,539 (+15.6%), from €86,540 to €100,079
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 | €1,254,494 | €1,383,687 | +€129,194 | +10.3% |
| Fixed assets | 21/28 | €985,087 | €1,034,833 | +€49,745 | +5.0% |
| Intangible fixed assets | 21 | €30,838 | €27,338 | -€3,500 | -11.3% |
| Tangible fixed assets | 22/27 | €936,249 | €989,494 | +€53,245 | +5.7% |
| Land and buildings | 22 | €699,054 | €669,764 | -€29,290 | -4.2% |
| Plant, machinery and equipment | 23 | €145,601 | €229,808 | +€84,207 | +57.8% |
| Furniture and vehicles | 24 | €91,594 | €89,922 | -€1,672 | -1.8% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €269,406 | €348,855 | +€79,448 | +29.5% |
| Amounts receivable within one year | 40/41 | €89,957 | €97,533 | +€7,576 | +8.4% |
| Trade receivables | 40 | €36,125 | €69,731 | +€33,607 | +93.0% |
| Other amounts receivable | 41 | €53,833 | €27,802 | -€26,031 | -48.4% |
| Cash at bank and in hand | 54/58 | €161,951 | €246,990 | +€85,039 | +52.5% |
| Deferred charges and accrued income | 490/1 | €17,498 | €4,331 | -€13,166 | -75.2% |
| Total equity and liabilities | 10/49 | €1,254,494 | €1,383,687 | +€129,194 | +10.3% |
| Equity | 10/15 | €536,003 | €624,683 | +€88,680 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €529,803 | €618,483 | +€88,680 | +16.7% |
| Distributable reserves | 133 | €529,803 | €618,483 | +€88,680 | +16.7% |
| Amounts payable | 17/49 | €718,491 | €759,005 | +€40,514 | +5.6% |
| Amounts payable after more than one year | 17 | €564,080 | €515,140 | -€48,940 | -8.7% |
| Financial debts | 170/4 | €564,080 | €515,140 | -€48,940 | -8.7% |
| Amounts payable within one year | 42/48 | €154,411 | €243,865 | +€89,454 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €47,813 | €48,940 | +€1,127 | +2.4% |
| Trade debts | 44 | €50,467 | €46,149 | -€4,318 | -8.6% |
| Suppliers | 440/4 | €50,467 | €46,149 | -€4,318 | -8.6% |
| Advances received on contracts in progress | 46 | €192 | €7,513 | +€7,321 | +3807.1% |
| Taxes, remuneration and social security | 45 | €6,274 | €26,220 | +€19,946 | +317.9% |
| Taxes | 450/3 | €2,309 | €17,697 | +€15,388 | +666.5% |
| Remuneration and social security | 454/9 | €3,965 | €8,523 | +€4,558 | +115.0% |
| Other amounts payable | 47/48 | €49,664 | €115,043 | +€65,378 | +131.6% |
| Remuneration, social security and pensions | 62 | €246,464 | €284,741 | +€38,277 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,540 | €100,079 | +€13,539 | +15.6% |
| Other operating charges | 640/8 | €59,767 | €33,186 | -€26,581 | -44.5% |
| Non-recurring operating charges | 66A | - | €255 | +€255 | |
| Gross operating margin | 9900 | €499,869 | €714,156 | +€214,287 | +42.9% |
| Operating profit (loss) | 9901 | €107,098 | €295,895 | +€188,797 | +176.3% |
| Financial income | 75/76B | €494 | - | -€494 | |
| Recurring financial income | 75 | €494 | - | -€494 | |
| Financial charges | 65/66B | €23,150 | €22,324 | -€825 | -3.6% |
| Recurring financial charges | 65 | €23,150 | €22,324 | -€825 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €84,443 | €273,571 | +€189,128 | +224.0% |
| Income taxes | 67/77 | €25,908 | €84,882 | +€58,974 | +227.6% |
| Profit (loss) for the period | 9904 | €58,535 | €188,688 | +€130,154 | +222.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,535 | €188,688 | +€130,154 | +222.4% |
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 28 September 2026 via checked.be.