SUNCELL: 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.
SUNCELL
Largest movements
- Cash -€10,267
down €10,267 (-71.5%), from €14,364 to €4,096
mainly Net result for the year (-€11,883) and Debts after one year (-€9,175)
- Stocks and contracts -€9,414
down €9,414 (-51.1%), from €18,414 to €9,000
- Receivables within one year -€5,647
down €5,647 (-38.0%), from €14,857 to €9,209
of which Trade receivables: -€9,974
- Deferred charges and accrued income -€1,209
down €1,209 (-43.6%), from €2,777 to €1,567
- Profit (loss) carried forward -€11,883
down €11,883 (-204.1%), from -€5,822 to -€17,705
- Debts after one year -€9,175
no longer reported in 2025 (was €9,175)
- Current portion of long-term debt -€5,690
down €5,690 (-23.3%), from €24,438 to €18,748
- Trade debts +€3,591
up €3,591 (+37.2%), from €9,662 to €13,253
- Other debts -€1,972
down €1,972 (-100.0%), from €1,972 to €0
- Gross operating margin -€8,502
down €8,502, from €572 to -€7,931
- Financial charges -€2,708
down €2,708 (-46.0%), from €5,883 to €3,175
- Other operating charges +€266
up €266 (+52.2%), from €511 to €777
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 | €53,133 | €26,596 | -€26,538 | -49.9% |
| Fixed assets | 21/28 | €2,723 | €2,723 | = | 0.0% |
| Financial fixed assets | 28 | €2,723 | €2,723 | = | 0.0% |
| Current assets | 29/58 | €50,411 | €23,873 | -€26,538 | -52.6% |
| Stocks and contracts in progress | 3 | €18,414 | €9,000 | -€9,414 | -51.1% |
| Stocks | 30/36 | €18,414 | €9,000 | -€9,414 | -51.1% |
| Amounts receivable within one year | 40/41 | €14,857 | €9,209 | -€5,647 | -38.0% |
| Trade receivables | 40 | €13,123 | €3,149 | -€9,974 | -76.0% |
| Other amounts receivable | 41 | €1,734 | €6,060 | +€4,327 | +249.5% |
| Cash at bank and in hand | 54/58 | €14,364 | €4,096 | -€10,267 | -71.5% |
| Deferred charges and accrued income | 490/1 | €2,777 | €1,567 | -€1,209 | -43.6% |
| Total equity and liabilities | 10/49 | €53,133 | €26,596 | -€26,538 | -49.9% |
| Equity | 10/15 | €6,178 | -€5,705 | -€11,883 | |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,822 | -€17,705 | -€11,883 | -204.1% |
| Amounts payable | 17/49 | €46,956 | €32,301 | -€14,655 | -31.2% |
| Amounts payable after more than one year | 17 | €9,175 | - | -€9,175 | |
| Financial debts | 170/4 | €9,175 | - | -€9,175 | |
| Amounts payable within one year | 42/48 | €36,072 | €32,002 | -€4,071 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €24,438 | €18,748 | -€5,690 | -23.3% |
| Trade debts | 44 | €9,662 | €13,253 | +€3,591 | +37.2% |
| Suppliers | 440/4 | €9,662 | €13,253 | +€3,591 | +37.2% |
| Other amounts payable | 47/48 | €1,972 | €0 | -€1,972 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,708 | €299 | -€1,409 | -82.5% |
| Other operating charges | 640/8 | €511 | €777 | +€266 | +52.2% |
| Gross operating margin | 9900 | €572 | -€7,931 | -€8,502 | |
| Operating profit (loss) | 9901 | €61 | -€8,708 | -€8,769 | |
| Financial charges | 65/66B | €5,883 | €3,175 | -€2,708 | -46.0% |
| Recurring financial charges | 65 | €5,883 | €3,175 | -€2,708 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,822 | -€11,883 | -€6,060 | -104.1% |
| Profit (loss) for the period | 9904 | -€5,822 | -€11,883 | -€6,060 | -104.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,822 | -€11,883 | -€6,060 | -104.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.