SUNPOWER: 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.
SUNPOWER
Largest movements
- Tangible fixed assets +€63,981
up €63,981 (+34.3%), from €186,678 to €250,659
of which Plant, machinery and equipment: +€67,890
- Cash +€48,666
up €48,666 (+146.5%), from €33,218 to €81,884
mainly Net result for the year (+€63,131) and Debts after one year (+€44,874)
- Receivables within one year +€5,834
up €5,834 (+56.8%), from €10,268 to €16,102
of which Trade receivables: +€3,520
- Profit (loss) carried forward +€63,131
up €63,131 (+347.8%), from €18,153 to €81,284
- Debts after one year +€44,874
up €44,874 (+65.9%), from €68,081 to €112,954
- Current portion of long-term debt +€4,932
up €4,932 (+13.5%), from €36,494 to €41,426
- Gross operating margin +€68,183
up €68,183 (+23.0%), from €296,021 to €364,204
- Staff costs +€31,075
up €31,075 (+14.6%), from €212,484 to €243,559
- Depreciation +€11,984
up €11,984 (+38.0%), from €31,514 to €43,498
- Other operating charges -€8,637
down €8,637 (-62.7%), from €13,781 to €5,145
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,723 | €357,477 | +€117,754 | +49.1% |
| Fixed assets | 21/28 | €190,578 | €254,559 | +€63,981 | +33.6% |
| Tangible fixed assets | 22/27 | €186,678 | €250,659 | +€63,981 | +34.3% |
| Plant, machinery and equipment | 23 | €70,179 | €138,070 | +€67,890 | +96.7% |
| Furniture and vehicles | 24 | - | €2,495 | +€2,495 | |
| Leasing and similar rights | 25 | €38,988 | €29,663 | -€9,325 | -23.9% |
| Other tangible fixed assets | 26 | €77,510 | €80,432 | +€2,921 | +3.8% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €49,145 | €102,918 | +€53,773 | +109.4% |
| Stocks and contracts in progress | 3 | €527 | €485 | -€43 | -8.1% |
| Stocks | 30/36 | €527 | €485 | -€43 | -8.1% |
| Amounts receivable within one year | 40/41 | €10,268 | €16,102 | +€5,834 | +56.8% |
| Trade receivables | 40 | €8,543 | €12,063 | +€3,520 | +41.2% |
| Other amounts receivable | 41 | €1,725 | €4,039 | +€2,314 | +134.2% |
| Cash at bank and in hand | 54/58 | €33,218 | €81,884 | +€48,666 | +146.5% |
| Deferred charges and accrued income | 490/1 | €5,131 | €4,447 | -€684 | -13.3% |
| Total equity and liabilities | 10/49 | €239,723 | €357,477 | +€117,754 | +49.1% |
| Equity | 10/15 | €40,843 | €103,974 | +€63,131 | +154.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,098 | €4,098 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €2,239 | €2,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,153 | €81,284 | +€63,131 | +347.8% |
| Amounts payable | 17/49 | €198,880 | €253,504 | +€54,623 | +27.5% |
| Amounts payable after more than one year | 17 | €68,081 | €112,954 | +€44,874 | +65.9% |
| Financial debts | 170/4 | €68,081 | €112,954 | +€44,874 | +65.9% |
| Amounts payable within one year | 42/48 | €130,800 | €138,524 | +€7,725 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €36,494 | €41,426 | +€4,932 | +13.5% |
| Financial debts | 43 | €5,015 | €8,590 | +€3,575 | +71.3% |
| Credit institutions | 430/8 | €5,015 | €8,590 | +€3,575 | +71.3% |
| Trade debts | 44 | €17,913 | €17,140 | -€773 | -4.3% |
| Suppliers | 440/4 | €17,913 | €17,140 | -€773 | -4.3% |
| Taxes, remuneration and social security | 45 | €59,422 | €56,109 | -€3,313 | -5.6% |
| Taxes | 450/3 | €22,874 | €20,306 | -€2,567 | -11.2% |
| Remuneration and social security | 454/9 | €36,549 | €35,803 | -€746 | -2.0% |
| Other amounts payable | 47/48 | €11,955 | €15,260 | +€3,305 | +27.6% |
| Accrued charges and deferred income | 492/3 | - | €2,025 | +€2,025 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €212,484 | €243,559 | +€31,075 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,514 | €43,498 | +€11,984 | +38.0% |
| Other operating charges | 640/8 | €13,781 | €5,145 | -€8,637 | -62.7% |
| Gross operating margin | 9900 | €296,021 | €364,204 | +€68,183 | +23.0% |
| Operating profit (loss) | 9901 | €38,242 | €72,002 | +€33,760 | +88.3% |
| Financial income | 75/76B | €36 | €126 | +€91 | +252.9% |
| Recurring financial income | 75 | €36 | €126 | +€91 | +252.9% |
| Financial charges | 65/66B | €5,886 | €8,854 | +€2,967 | +50.4% |
| Recurring financial charges | 65 | €5,886 | €8,854 | +€2,967 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | €32,391 | €63,275 | +€30,884 | +95.3% |
| Income taxes | 67/77 | €138 | €144 | +€6 | +4.3% |
| Profit (loss) for the period | 9904 | €32,254 | €63,131 | +€30,878 | +95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,254 | €63,131 | +€30,878 | +95.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.