SUNNRISE: 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.
SUNNRISE
Largest movements
- Cash +€43,612
up €43,612 (+195.6%), from €22,293 to €65,905
mainly Debts after one year (+€816,062) and Net result for the year (+€107,917)
- Tangible fixed assets -€40,241
down €40,241 (-3.2%), from €1.3m to €1.2m
of which Land and buildings: -€42,041
- Other debts -€903,364
down €903,364 (-100.0%), from €903,364 to €0
- Debts after one year +€816,062
up €816,062 (+417.3%), from €195,537 to €1.0m
- Reserves +€105,000
up €105,000 (+47.4%), from €221,500 to €326,500
- Turnover +€141,000
up €141,000 (+64.8%), from €217,440 to €358,440
- Gross operating margin +€101,434
up €101,434 (+60.8%), from €166,796 to €268,230
- Purchases and services +€39,510
up €39,510 (+72.4%), from €54,575 to €94,085
- Depreciation +€30,383
up €30,383 (+260.6%), from €11,659 to €42,041
- Financial charges +€23,854
up €23,854 (+315.1%), from €7,571 to €31,425
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 | €1,456,352 | €1,472,641 | +€16,289 | +1.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,258,788 | €1,218,547 | -€40,241 | -3.2% |
| Tangible fixed assets | 22/27 | €1,258,788 | €1,218,547 | -€40,241 | -3.2% |
| Land and buildings | 22 | €1,257,888 | €1,215,847 | -€42,041 | -3.3% |
| Other tangible fixed assets | 26 | €900 | €900 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €197,565 | €254,094 | +€56,530 | +28.6% |
| Amounts receivable within one year | 40/41 | €175,272 | €188,189 | +€12,918 | +7.4% |
| Trade receivables | 40 | €42,350 | €33,880 | -€8,470 | -20.0% |
| Other amounts receivable | 41 | €132,922 | €154,309 | +€21,388 | +16.1% |
| Cash at bank and in hand | 54/58 | €22,293 | €65,905 | +€43,612 | +195.6% |
| Total equity and liabilities | 10/49 | €1,456,352 | €1,472,641 | +€16,289 | +1.1% |
| Equity | 10/15 | €251,784 | €359,701 | +€107,917 | +42.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €221,500 | €326,500 | +€105,000 | +47.4% |
| Distributable reserves | 133 | €221,500 | €326,500 | +€105,000 | +47.4% |
| Profit (loss) carried forward | 14 | €5,284 | €8,201 | +€2,917 | +55.2% |
| Amounts payable | 17/49 | €1,204,568 | €1,112,940 | -€91,628 | -7.6% |
| Amounts payable after more than one year | 17 | €195,537 | €1,011,599 | +€816,062 | +417.3% |
| Financial debts | 170/4 | €195,537 | €1,011,599 | +€816,062 | +417.3% |
| Amounts payable within one year | 42/48 | €1,009,031 | €101,341 | -€907,690 | -90.0% |
| Current portion of amounts payable after more than one year | 42 | €33,479 | €33,938 | +€459 | +1.4% |
| Trade debts | 44 | €4,427 | €14 | -€4,413 | -99.7% |
| Suppliers | 440/4 | €4,427 | €14 | -€4,413 | -99.7% |
| Taxes, remuneration and social security | 45 | €67,762 | €67,389 | -€373 | -0.6% |
| Taxes | 450/3 | €67,762 | €65,828 | -€1,935 | -2.9% |
| Remuneration and social security | 454/9 | €0 | €1,561 | +€1,561 | |
| Other amounts payable | 47/48 | €903,364 | €0 | -€903,364 | -100.0% |
| Turnover | 70 | €217,440 | €358,440 | +€141,000 | +64.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €54,575 | €94,085 | +€39,510 | +72.4% |
| Remuneration, social security and pensions | 62 | €13,635 | €36,412 | +€22,777 | +167.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,659 | €42,041 | +€30,383 | +260.6% |
| Other operating charges | 640/8 | €1,985 | €10,122 | +€8,138 | +410.0% |
| Non-recurring operating charges | 66A | - | €1,324 | +€1,324 | |
| Gross operating margin | 9900 | €166,796 | €268,230 | +€101,434 | +60.8% |
| Operating profit (loss) | 9901 | €139,517 | €178,331 | +€38,813 | +27.8% |
| Financial income | 75/76B | €6,248 | €7,399 | +€1,151 | +18.4% |
| Recurring financial income | 75 | €6,248 | €7,399 | +€1,151 | +18.4% |
| Financial charges | 65/66B | €7,571 | €31,425 | +€23,854 | +315.1% |
| Recurring financial charges | 65 | €7,571 | €31,425 | +€23,854 | +315.1% |
| Profit (loss) for the period before taxes | 9903 | €138,194 | €154,305 | +€16,111 | +11.7% |
| Income taxes | 67/77 | €44,459 | €46,388 | +€1,929 | +4.3% |
| Profit (loss) for the period | 9904 | €93,735 | €107,917 | +€14,182 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,735 | €107,917 | +€14,182 | +15.1% |
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 7 October 2026 via checked.be.