SUNDOOR: 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.
SUNDOOR
Largest movements
- Cash -€40,801
down €40,801 (-93.2%), from €43,793 to €2,992
mainly Net result for the year (-€58,903) and Tax, wage and social debts (-€20,989)
- Receivables within one year -€23,885
down €23,885 (-47.6%), from €50,184 to €26,300
of which Trade receivables: -€15,339
- Stocks and contracts -€13,414
down €13,414 (-47.4%), from €28,291 to €14,876
- Tangible fixed assets -€7,185
down €7,185 (-4.9%), from €147,218 to €140,033
- Profit (loss) carried forward -€58,903
down €58,903 (-45.6%), from €129,178 to €70,275
- Tax, wage and social debts -€20,989
down €20,989 (-64.9%), from €32,326 to €11,337
- Debts after one year -€5,201
down €5,201 (-5.6%), from €92,993 to €87,793
- Gross operating margin -€127,241
down €127,241, from €80,746 to -€46,494
- Taxes -€13,254
no longer reported in 2025 (was €13,254)
- Write-downs -€4,222
no longer reported in 2025 (was €4,222)
- Depreciation +€1,198
up €1,198 (+20.0%), from €5,988 to €7,185
- Other operating charges +€1,015
up €1,015 (+4060.5%), from €25 to €1,040
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 | €269,486 | €184,605 | -€84,881 | -31.5% |
| Fixed assets | 21/28 | €147,218 | €140,033 | -€7,185 | -4.9% |
| Tangible fixed assets | 22/27 | €147,218 | €140,033 | -€7,185 | -4.9% |
| Land and buildings | 22 | €147,218 | €140,033 | -€7,185 | -4.9% |
| Current assets | 29/58 | €122,268 | €44,572 | -€77,696 | -63.5% |
| Stocks and contracts in progress | 3 | €28,291 | €14,876 | -€13,414 | -47.4% |
| Stocks | 30/36 | €28,291 | €14,876 | -€13,414 | -47.4% |
| Amounts receivable within one year | 40/41 | €50,184 | €26,300 | -€23,885 | -47.6% |
| Trade receivables | 40 | €28,103 | €12,764 | -€15,339 | -54.6% |
| Other amounts receivable | 41 | €22,081 | €13,536 | -€8,545 | -38.7% |
| Cash at bank and in hand | 54/58 | €43,793 | €2,992 | -€40,801 | -93.2% |
| Deferred charges and accrued income | 490/1 | - | €404 | +€404 | |
| Total equity and liabilities | 10/49 | €269,486 | €184,605 | -€84,881 | -31.5% |
| Equity | 10/15 | €139,178 | €80,275 | -€58,903 | -42.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,178 | €70,275 | -€58,903 | -45.6% |
| Amounts payable | 17/49 | €130,308 | €104,330 | -€25,978 | -19.9% |
| Amounts payable after more than one year | 17 | €92,993 | €87,793 | -€5,201 | -5.6% |
| Financial debts | 170/4 | €92,993 | €87,793 | -€5,201 | -5.6% |
| Amounts payable within one year | 42/48 | €37,315 | €16,537 | -€20,777 | -55.7% |
| Current portion of amounts payable after more than one year | 42 | €4,989 | €5,201 | +€212 | +4.2% |
| Taxes, remuneration and social security | 45 | €32,326 | €11,337 | -€20,989 | -64.9% |
| Taxes | 450/3 | €32,326 | €11,337 | -€20,989 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,988 | €7,185 | +€1,198 | +20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,222 | - | -€4,222 | |
| Other operating charges | 640/8 | €25 | €1,040 | +€1,015 | +4060.5% |
| Gross operating margin | 9900 | €80,746 | -€46,494 | -€127,241 | |
| Operating profit (loss) | 9901 | €70,512 | -€54,719 | -€125,231 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,239 | €4,184 | -€56 | -1.3% |
| Recurring financial charges | 65 | €4,239 | €4,184 | -€56 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €66,272 | -€58,903 | -€125,175 | |
| Income taxes | 67/77 | €13,254 | - | -€13,254 | |
| Profit (loss) for the period | 9904 | €53,018 | -€58,903 | -€111,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,018 | -€58,903 | -€111,921 |
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 12 October 2026 via checked.be.