SUNRAY CONSULTING: what changed
Two financial 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.
SUNRAY CONSULTING
Largest movements
- Cash -€122,724
down €122,724 (-57.2%), from €214,386 to €91,663
mainly Contributions, distributions and other (-€241,882) and Tax, wage and social debts (-€2,524)
- Receivables within one year -€9,448
down €9,448 (-89.9%), from €10,510 to €1,062
of which Trade receivables: -€10,510
- Profit (loss) carried forward -€129,225
down €129,225 (-63.5%), from €203,454 to €74,229
- Tax, wage and social debts -€2,524
down €2,524 (-20.3%), from €12,444 to €9,921
- Gross operating margin -€7,247
down €7,247 (-4.7%), from €152,797 to €145,550
- Taxes -€2,035
down €2,035 (-6.2%), from €32,973 to €30,938
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 | €227,213 | €95,777 | -€131,436 | -57.8% |
| Fixed assets | 21/28 | €2,316 | €3,052 | +€736 | +31.8% |
| Tangible fixed assets | 22/27 | €2,316 | €3,052 | +€736 | +31.8% |
| Plant, machinery and equipment | 23 | €1,963 | €2,365 | +€402 | +20.5% |
| Furniture and vehicles | 24 | €353 | €687 | +€333 | +94.4% |
| Current assets | 29/58 | €224,897 | €92,725 | -€132,172 | -58.8% |
| Amounts receivable within one year | 40/41 | €10,510 | €1,062 | -€9,448 | -89.9% |
| Trade receivables | 40 | €10,510 | - | -€10,510 | |
| Other amounts receivable | 41 | - | €1,062 | +€1,062 | |
| Cash at bank and in hand | 54/58 | €214,386 | €91,663 | -€122,724 | -57.2% |
| Total equity and liabilities | 10/49 | €227,213 | €95,777 | -€131,436 | -57.8% |
| Equity | 10/15 | €206,454 | €77,229 | -€129,225 | -62.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,454 | €74,229 | -€129,225 | -63.5% |
| Amounts payable | 17/49 | €20,759 | €18,548 | -€2,211 | -10.6% |
| Amounts payable within one year | 42/48 | €20,759 | €18,548 | -€2,211 | -10.6% |
| Trade debts | 44 | €949 | €1,081 | +€132 | +13.9% |
| Suppliers | 440/4 | €949 | €1,081 | +€132 | +13.9% |
| Taxes, remuneration and social security | 45 | €12,444 | €9,921 | -€2,524 | -20.3% |
| Taxes | 450/3 | €12,444 | €9,921 | -€2,524 | -20.3% |
| Other amounts payable | 47/48 | €7,365 | €7,547 | +€181 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €1,363 | +€510 | +59.7% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340.4% |
| Gross operating margin | 9900 | €152,797 | €145,550 | -€7,247 | -4.7% |
| Operating profit (loss) | 9901 | €151,826 | €143,667 | -€8,159 | -5.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €151,759 | €143,595 | -€8,164 | -5.4% |
| Income taxes | 67/77 | €32,973 | €30,938 | -€2,035 | -6.2% |
| Profit (loss) for the period | 9904 | €118,786 | €112,657 | -€6,129 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €118,786 | €112,657 | -€6,129 | -5.2% |
Source: filed annual accounts (NBB), financial 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.