SUNBIRD: 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.
SUNBIRD
Largest movements
- Receivables within one year -€5,822
down €5,822 (-35.6%), from €16,351 to €10,529
of which Trade receivables: -€6,298
- Cash +€1,428
up €1,428 (+6.4%), from €22,176 to €23,604
mainly Net result for the year (+€7,833) and Receivables within one year (+€5,822)
- Deferred charges and accrued income +€955
up €955, from €0 to €955
- Trade debts -€2,061
down €2,061 (-56.5%), from €3,648 to €1,588
- Tax, wage and social debts -€1,522
down €1,522 (-26.6%), from €5,722 to €4,200
- Profit (loss) carried forward -€1,367
down €1,367 (-5.3%), from €25,826 to €24,459
- Other debts +€1,288
up €1,288 (+101.3%), from €1,271 to €2,559
- Gross operating margin -€14,268
down €14,268 (-54.8%), from €26,048 to €11,780
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 | €39,467 | €35,805 | -€3,662 | -9.3% |
| Fixed assets | 21/28 | €940 | €718 | -€222 | -23.6% |
| Tangible fixed assets | 22/27 | €222 | €0 | -€222 | -100.0% |
| Furniture and vehicles | 24 | €222 | €0 | -€222 | -100.0% |
| Financial fixed assets | 28 | €718 | €718 | = | 0.0% |
| Current assets | 29/58 | €38,527 | €35,088 | -€3,439 | -8.9% |
| Amounts receivable within one year | 40/41 | €16,351 | €10,529 | -€5,822 | -35.6% |
| Trade receivables | 40 | €13,078 | €6,780 | -€6,298 | -48.2% |
| Other amounts receivable | 41 | €3,273 | €3,749 | +€475 | +14.5% |
| Cash at bank and in hand | 54/58 | €22,176 | €23,604 | +€1,428 | +6.4% |
| Deferred charges and accrued income | 490/1 | €0 | €955 | +€955 | |
| Total equity and liabilities | 10/49 | €39,467 | €35,805 | -€3,662 | -9.3% |
| Equity | 10/15 | €28,826 | €27,459 | -€1,367 | -4.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,826 | €24,459 | -€1,367 | -5.3% |
| Amounts payable | 17/49 | €10,641 | €8,346 | -€2,294 | -21.6% |
| Amounts payable within one year | 42/48 | €10,641 | €8,346 | -€2,294 | -21.6% |
| Trade debts | 44 | €3,648 | €1,588 | -€2,061 | -56.5% |
| Suppliers | 440/4 | €3,648 | €1,588 | -€2,061 | -56.5% |
| Taxes, remuneration and social security | 45 | €5,722 | €4,200 | -€1,522 | -26.6% |
| Taxes | 450/3 | €5,722 | €4,200 | -€1,522 | -26.6% |
| Other amounts payable | 47/48 | €1,271 | €2,559 | +€1,288 | +101.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | €222 | -€198 | -47.1% |
| Other operating charges | 640/8 | €327 | €380 | +€53 | +16.2% |
| Gross operating margin | 9900 | €26,048 | €11,780 | -€14,268 | -54.8% |
| Operating profit (loss) | 9901 | €25,300 | €11,177 | -€14,123 | -55.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €238 | €144 | -€93 | -39.2% |
| Recurring financial charges | 65 | €238 | €144 | -€93 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €25,063 | €11,035 | -€14,028 | -56.0% |
| Income taxes | 67/77 | €3,089 | €3,202 | +€112 | +3.6% |
| Profit (loss) for the period | 9904 | €21,973 | €7,833 | -€14,140 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,973 | €7,833 | -€14,140 | -64.4% |
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 8 October 2026 via checked.be.