Sundrive: 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.
Sundrive
Largest movements
- Intangible fixed assets -€1,661
down €1,661 (-24.0%), from €6,920 to €5,259
- Receivables within one year -€1,109
down €1,109 (-86.3%), from €1,284 to €176
of which Trade receivables: -€1,209
- Cash -€911
down €911 (-59.2%), from €1,539 to €628
mainly Net result for the year (-€16,367) and Investment in fixed assets (net) (-€1,251)
- Other debts +€10,798
up €10,798 (+92.8%), from €11,631 to €22,429
- Contributions -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Profit (loss) carried forward -€3,469
down €3,469 (-26.9%), from -€12,898 to -€16,367
- Trade debts -€1,009
down €1,009 (-100.0%), from €1,009 to €0
- Purchases and services +€10,527
new in 2025: €10,527
- Gross operating margin -€2,170
down €2,170 (-19.3%), from -€11,245 to -€13,415
- Depreciation +€1,930
up €1,930 (+196.6%), from €982 to €2,912
- Other operating charges -€645
down €645 (-100.0%), from €645 to €0
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 | €9,742 | €6,062 | -€3,680 | -37.8% |
| Fixed assets | 21/28 | €6,920 | €5,259 | -€1,661 | -24.0% |
| Intangible fixed assets | 21 | €6,920 | €5,259 | -€1,661 | -24.0% |
| Current assets | 29/58 | €2,823 | €803 | -€2,020 | -71.5% |
| Amounts receivable within one year | 40/41 | €1,284 | €176 | -€1,109 | -86.3% |
| Trade receivables | 40 | €1,209 | €0 | -€1,209 | -100.0% |
| Other amounts receivable | 41 | €75 | €176 | +€100 | +133.7% |
| Cash at bank and in hand | 54/58 | €1,539 | €628 | -€911 | -59.2% |
| Total equity and liabilities | 10/49 | €9,742 | €6,062 | -€3,680 | -37.8% |
| Equity | 10/15 | -€2,898 | -€16,367 | -€13,469 | -464.8% |
| Contributions | 10/11 | €10,000 | €0 | -€10,000 | -100.0% |
| Profit (loss) carried forward | 14 | -€12,898 | -€16,367 | -€3,469 | -26.9% |
| Amounts payable | 17/49 | €12,640 | €22,429 | +€9,789 | +77.4% |
| Amounts payable within one year | 42/48 | €12,640 | €22,429 | +€9,789 | +77.4% |
| Trade debts | 44 | €1,009 | €0 | -€1,009 | -100.0% |
| Suppliers | 440/4 | €1,009 | €0 | -€1,009 | -100.0% |
| Other amounts payable | 47/48 | €11,631 | €22,429 | +€10,798 | +92.8% |
| Turnover | 70 | - | €10 | +€10 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €10,527 | +€10,527 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €982 | €2,912 | +€1,930 | +196.6% |
| Other operating charges | 640/8 | €645 | €0 | -€645 | -100.0% |
| Gross operating margin | 9900 | -€11,245 | -€13,415 | -€2,170 | -19.3% |
| Operating profit (loss) | 9901 | -€12,871 | -€16,326 | -€3,455 | -26.8% |
| Financial charges | 65/66B | €27 | €40 | +€14 | +51.0% |
| Recurring financial charges | 65 | €27 | €40 | +€14 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,898 | -€16,367 | -€3,469 | -26.9% |
| Profit (loss) for the period | 9904 | -€12,898 | -€16,367 | -€3,469 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,898 | -€16,367 | -€3,469 | -26.9% |
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 9 October 2026 via checked.be.