SUNFIRE: 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.
What changed
SUNFIRE
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €186,171+€981,323
Equity
€36.9m
2024 · €36.0m+€946,670
Cash
€755,566
2024 · €298,971+€456,594
Balance sheet total
€42.9m
2024 · €43.7m-€768,264
Largest movements
Assets
- Financial fixed assets -€765,308
down €765,308 (-2.1%), from €37.2m to €36.4m
of which Affiliated companies: -€2.1m
- Cash +€456,594
up €456,594 (+152.7%), from €298,971 to €755,566
mainly Net result for the year (+€1.2m) and Investment in fixed assets (net) (+€660,607)
Equity and liabilities
- Other debts -€1.2m
down €1.2m (-95.7%), from €1.2m to €53,908
- Reserves +€946,670
up €946,670 (+14.5%), from €6.6m to €7.5m
of which Distributable reserves: +€946,670
- Debts after one year -€571,854
down €571,854 (-10.1%), from €5.7m to €5.1m
of which Financial debts: -€355,860
Income statement
- Financial income +€1.0m
up €1.0m (+1212.8%), from €85,919 to €1.1m
- Staff costs -€75,158
down €75,158 (-13.4%), from €561,745 to €486,587
- Turnover -€38,680
down €38,680 (-2.1%), from €1.9m to €1.8m
- Financial charges +€37,887
up €37,887 (+26.0%), from €145,502 to €183,389
- Services and other goods +€32,933
up €32,933 (+5.2%), from €633,085 to €666,018
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.
Result 2024
€186,171
Turnover
-€38,680
Other operating income
-€5,638
Services and other goods
-€32,933
Staff costs
+€75,158
Depreciation
-€13,981
Other operating charges
-€302
Other operating items
-€12,515
Financial income
+€1.0m
Financial charges
-€37,887
Taxes
+€6,057
Result 2025
€1.2m
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.
From operations
+€588,665
Investment
+€660,607
Financing
-€792,678
Cash 2024
€298,971
From operations (derived)
+€588,665
Net result for the year
+€1.2m
Depreciation
+€417,797
Receivables after one year
-€37,735
Receivables within one year
+€177,271
Deferred charges and accrued income
+€6,918
Trade debts
+€61,538
Tax, wage and social debts
-€9,422
Other debts
-€1.2m
Accrued charges and deferred income
+€143
Investment (derived)
+€660,607
Investment in fixed assets (net)
+€660,607
Financing
-€792,678
Debts after one year
-€571,854
Contributions, distributions and other
-€220,824
Cash 2025
€755,566
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,655,745 | €42,887,481 | -€768,264 | -1.8% |
| Fixed assets | 21/28 | €42,675,760 | €41,597,356 | -€1.1m | -2.5% |
| Intangible fixed assets | 21 | €6,036 | €3,156 | -€2,880 | -47.7% |
| Tangible fixed assets | 22/27 | €5,501,873 | €5,191,657 | -€310,216 | -5.6% |
| Land and buildings | 22 | €4,473,074 | €4,350,754 | -€122,320 | -2.7% |
| Plant, machinery and equipment | 23 | €134,285 | €70,925 | -€63,360 | -47.2% |
| Furniture and vehicles | 24 | €894,514 | €769,978 | -€124,536 | -13.9% |
| Financial fixed assets | 28 | €37,167,851 | €36,402,543 | -€765,308 | -2.1% |
| Affiliated companies | 280/1 | €33,116,720 | €31,026,333 | -€2.1m | -6.3% |
| Participating interests | 280 | €29,329,118 | €28,929,118 | -€400,000 | -1.4% |
| Amounts receivable | 281 | €3,787,602 | €2,097,215 | -€1.7m | -44.6% |
| Companies linked by participating interests | 282/3 | €4,051,132 | €5,376,209 | +€1.3m | +32.7% |
| Participating interests | 282 | €3,319,932 | €3,379,932 | +€60,000 | +1.8% |
| Amounts receivable | 283 | €731,199 | €1,996,277 | +€1.3m | +173.0% |
| Current assets | 29/58 | €979,985 | €1,290,125 | +€310,140 | +31.6% |
| Amounts receivable after more than one year | 29 | €300,446 | €338,181 | +€37,735 | +12.6% |
| Other amounts receivable | 291 | €300,446 | €338,181 | +€37,735 | +12.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €324,796 | €147,525 | -€177,271 | -54.6% |
| Trade receivables | 40 | €297,657 | €115,815 | -€181,843 | -61.1% |
| Other amounts receivable | 41 | €27,139 | €31,711 | +€4,572 | +16.8% |
| Cash at bank and in hand | 54/58 | €298,971 | €755,566 | +€456,594 | +152.7% |
| Deferred charges and accrued income | 490/1 | €55,771 | €48,853 | -€6,918 | -12.4% |
| Total equity and liabilities | 10/49 | €43,655,745 | €42,887,481 | -€768,264 | -1.8% |
| Equity | 10/15 | €35,990,917 | €36,937,587 | +€946,670 | +2.6% |
| Contributions | 10/11 | €29,440,000 | €29,440,000 | = | 0.0% |
| Reserves | 13 | €6,550,917 | €7,497,587 | +€946,670 | +14.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,581 | €1,581 | = | 0.0% |
| Distributable reserves | 133 | €6,549,336 | €7,496,006 | +€946,670 | +14.5% |
| Amounts payable | 17/49 | €7,664,828 | €5,949,894 | -€1.7m | -22.4% |
| Amounts payable after more than one year | 17 | €5,659,849 | €5,087,995 | -€571,854 | -10.1% |
| Financial debts | 170/4 | €3,212,791 | €2,856,931 | -€355,860 | -11.1% |
| Credit institutions | 173 | €3,212,791 | €2,856,931 | -€355,860 | -11.1% |
| Other amounts payable | 178/9 | €2,447,058 | €2,231,064 | -€215,994 | -8.8% |
| Amounts payable within one year | 42/48 | €1,996,250 | €853,028 | -€1.1m | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €355,860 | €355,860 | = | 0.0% |
| Trade debts | 44 | €199,046 | €260,583 | +€61,538 | +30.9% |
| Suppliers | 440/4 | €199,046 | €260,583 | +€61,538 | +30.9% |
| Taxes, remuneration and social security | 45 | €192,098 | €182,676 | -€9,422 | -4.9% |
| Taxes | 450/3 | €96,158 | €91,234 | -€4,923 | -5.1% |
| Remuneration and social security | 454/9 | €95,940 | €91,442 | -€4,498 | -4.7% |
| Other amounts payable | 47/48 | €1,249,246 | €53,908 | -€1.2m | -95.7% |
| Accrued charges and deferred income | 492/3 | €8,729 | €8,872 | +€143 | +1.6% |
| Operating income | 70/76A | €1,928,982 | €1,884,664 | -€44,318 | -2.3% |
| Turnover | 70 | €1,868,288 | €1,829,608 | -€38,680 | -2.1% |
| Other operating income | 74 | €60,694 | €55,056 | -€5,638 | -9.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €1,608,664 | €1,593,236 | -€15,428 | -1.0% |
| Services and other goods | 61 | €633,085 | €666,018 | +€32,933 | +5.2% |
| Remuneration, social security and pensions | 62 | €561,745 | €486,587 | -€75,158 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403,817 | €417,797 | +€13,981 | +3.5% |
| Other operating charges | 640/8 | €10,017 | €10,319 | +€302 | +3.0% |
| Non-recurring operating charges | 66A | €0 | €12,515 | +€12,515 | |
| Operating profit (loss) | 9901 | €320,318 | €291,428 | -€28,890 | -9.0% |
| Financial income | 75/76B | €85,919 | €1,127,961 | +€1.0m | +1212.8% |
| Recurring financial income | 75 | €85,919 | €1,127,961 | +€1.0m | +1212.8% |
| Income from financial fixed assets | 750 | €76,375 | €1,119,985 | +€1.0m | +1366.4% |
| Income from current assets | 751 | €9,532 | €7,800 | -€1,732 | -18.2% |
| Other financial income | 752/9 | €11 | €176 | +€165 | +1471.9% |
| Financial charges | 65/66B | €145,502 | €183,389 | +€37,887 | +26.0% |
| Recurring financial charges | 65 | €145,502 | €183,389 | +€37,887 | +26.0% |
| Debt charges | 650 | €141,270 | €179,978 | +€38,708 | +27.4% |
| Other financial charges | 652/9 | €4,232 | €3,411 | -€821 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €260,734 | €1,235,999 | +€975,265 | +374.0% |
| Income taxes | 67/77 | €74,563 | €68,506 | -€6,057 | -8.1% |
| Taxes | 670/3 | €75,000 | €69,000 | -€6,000 | -8.0% |
| Tax adjustments and reversals of tax provisions | 77 | €437 | €494 | +€57 | +13.1% |
| Profit (loss) for the period | 9904 | €186,171 | €1,167,494 | +€981,323 | +527.1% |
| Profit (loss) for the period to be appropriated | 9905 | €186,171 | €1,167,494 | +€981,323 | +527.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.