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Sunic: 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

Sunic

BE 0449.988.641
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€24,200
2024 · -€20,563-€3,637
Equity
€658,012
2024 · €816,449-€158,437
Cash
€176,046
2024 · €101,016+€75,031
Balance sheet total
€1.1m
2024 · €1.4m-€280,679

Largest movements

2024 to 2025
Assets
  • Current investments -€250,000

    down €250,000 (-100.0%), from €250,000 to €0

  • Tangible fixed assets -€84,076

    down €84,076 (-8.3%), from €1.0m to €924,807

  • Cash +€75,031

    up €75,031 (+74.3%), from €101,016 to €176,046

    mainly Current investments (+€250,000) and Depreciation (+€84,940)

  • Receivables within one year -€21,615

    down €21,615 (-59.6%), from €36,242 to €14,627

    of which Other amounts receivable: -€20,266

Equity and liabilities
  • Reserves -€148,471

    down €148,471 (-30.0%), from €495,709 to €347,237

    of which Distributable reserves: -€134,237

  • Other debts -€84,881

    down €84,881 (-36.5%), from €232,608 to €147,727

  • Debts after one year -€31,535

    down €31,535 (-11.9%), from €264,669 to €233,135

Income statement
  • Financial income -€2,768

    down €2,768 (-31.1%), from €8,900 to €6,132

  • Depreciation +€1,436

    up €1,436 (+1.7%), from €83,504 to €84,940

  • Gross operating margin -€1,436

    down €1,436 (-2.1%), from €67,791 to €66,355

  • Financial charges -€1,319

    down €1,319 (-23.5%), from €5,604 to €4,285

  • Taxes -€905

    down €905 (-24.6%), from €3,675 to €2,769

From the 2024 result to the 2025 result

effect on the 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 -€20,563
Gross operating margin -€1,436
Depreciation -€1,436
Other operating charges -€221
Financial income -€2,768
Financial charges +€1,319
Taxes +€905
Result 2025 -€24,200

Cash bridge derived

cash 2024 to 2025

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 -€8,743
Investment +€249,136
Financing -€165,363
Cash 2024 €101,016
Net result for the year -€24,200
Depreciation +€84,940
Receivables within one year +€21,615
Smaller working-capital items -€496
Provisions -€4,745
Tax, wage and social debts -€977
Other debts -€84,881
Investment in fixed assets (net) -€864
Current investments +€250,000
Debts after one year -€31,535
Current portion of long-term debt +€409
Contributions, distributions and other -€134,237
Cash 2025 €176,046
Every line side by side 51 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,399,626 €1,118,946 -€280,679 -20.1%
Fixed assets 21/28 €1,008,883 €924,807 -€84,076 -8.3%
Tangible fixed assets 22/27 €1,008,883 €924,807 -€84,076 -8.3%
Land and buildings 22 €63,696 €51,033 -€12,662 -19.9%
Furniture and vehicles 24 €89,465 €48,384 -€41,081 -45.9%
Other tangible fixed assets 26 €855,722 €825,390 -€30,333 -3.5%
Current assets 29/58 €390,743 €194,140 -€196,603 -50.3%
Amounts receivable within one year 40/41 €36,242 €14,627 -€21,615 -59.6%
Trade receivables 40 €1,965 €616 -€1,350 -68.7%
Other amounts receivable 41 €34,276 €14,011 -€20,266 -59.1%
Current investments 50/53 €250,000 €0 -€250,000 -100.0%
Cash at bank and in hand 54/58 €101,016 €176,046 +€75,031 +74.3%
Deferred charges and accrued income 490/1 €3,485 €3,467 -€19 -0.5%
Total equity and liabilities 10/49 €1,399,626 €1,118,946 -€280,679 -20.1%
Equity 10/15 €816,449 €658,012 -€158,437 -19.4%
Contributions 10/11 €162,000 €162,000 = 0.0%
Capital 10 €162,000 €162,000 = 0.0%
Issued capital 100 €162,000 €162,000 = 0.0%
Reserves 13 €495,709 €347,237 -€148,471 -30.0%
Non-distributable reserves 130/1 €16,200 €16,200 = 0.0%
Legal reserve 130 €16,200 €16,200 = 0.0%
Tax-exempt reserves 132 €151,490 €137,256 -€14,234 -9.4%
Distributable reserves 133 €328,018 €193,781 -€134,237 -40.9%
Profit (loss) carried forward 14 €158,740 €148,774 -€9,966 -6.3%
Provisions and deferred taxes 16 €50,497 €45,752 -€4,745 -9.4%
Deferred taxes 168 €50,497 €45,752 -€4,745 -9.4%
Amounts payable 17/49 €532,681 €415,183 -€117,498 -22.1%
Amounts payable after more than one year 17 €264,669 €233,135 -€31,535 -11.9%
Financial debts 170/4 €264,669 €233,135 -€31,535 -11.9%
Amounts payable within one year 42/48 €267,471 €182,048 -€85,423 -31.9%
Current portion of amounts payable after more than one year 42 €31,126 €31,535 +€409 +1.3%
Trade debts 44 €0 €25 +€25
Suppliers 440/4 €0 €25 +€25
Taxes, remuneration and social security 45 €3,738 €2,761 -€977 -26.1%
Taxes 450/3 €3,738 €2,761 -€977 -26.1%
Other amounts payable 47/48 €232,608 €147,727 -€84,881 -36.5%
Accrued charges and deferred income 492/3 €540 €0 -€540 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €83,504 €84,940 +€1,436 +1.7%
Other operating charges 640/8 €9,216 €9,437 +€221 +2.4%
Gross operating margin 9900 €67,791 €66,355 -€1,436 -2.1%
Operating profit (loss) 9901 -€24,929 -€28,022 -€3,093 -12.4%
Financial income 75/76B €8,900 €6,132 -€2,768 -31.1%
Recurring financial income 75 €8,900 €6,132 -€2,768 -31.1%
Financial charges 65/66B €5,604 €4,285 -€1,319 -23.5%
Recurring financial charges 65 €5,604 €4,285 -€1,319 -23.5%
Profit (loss) for the period before taxes 9903 -€21,633 -€26,175 -€4,542 -21.0%
Transfer from deferred taxes 780 €4,745 €4,745 = 0.0%
Income taxes 67/77 €3,675 €2,769 -€905 -24.6%
Profit (loss) for the period 9904 -€20,563 -€24,200 -€3,637 -17.7%
Transfer from tax-exempt reserves 789 €14,234 €14,234 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€6,329 -€9,966 -€3,637 -57.5%

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 29 September 2026 via checked.be.