SUNRISE - LATERALE: 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.
SUNRISE - LATERALE
Largest movements
- Tangible fixed assets -€56,803
down €56,803 (-2.8%), from €2.1m to €2.0m
of which Land and buildings: -€62,863
- Profit (loss) carried forward -€206,559
down €206,559 (-27.6%), from -€748,426 to -€954,985
- Debts after one year +€139,379
up €139,379 (+6.2%), from €2.3m to €2.4m
of which Other amounts payable: +€139,379
- Other operating charges +€144,110
up €144,110 (+661%), from €21,816 to €165,926
- Write-downs -€113,832
new in 2025: -€113,832
- Financial charges -€37,442
down €37,442 (-29.4%), from €127,198 to €89,756
- Gross operating margin +€9,089
up €9,089, from -€3,446 to €5,642
- Depreciation +€6,098
up €6,098 (+8.4%), from €72,383 to €78,481
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.
Derived cash bridge
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 | €2,079,993 | €2,010,265 | -€69,728 | -3.4% |
| Fixed assets | 21/28 | €2,054,913 | €1,998,110 | -€56,803 | -2.8% |
| Tangible fixed assets | 22/27 | €2,054,913 | €1,998,110 | -€56,803 | -2.8% |
| Land and buildings | 22 | €1,997,333 | €1,934,469 | -€62,863 | -3.1% |
| Other tangible fixed assets | 26 | €57,581 | €63,641 | +€6,060 | +10.5% |
| Current assets | 29/58 | €25,080 | €12,155 | -€12,925 | -51.5% |
| Amounts receivable within one year | 40/41 | €13,536 | €750 | -€12,786 | -94.5% |
| Trade receivables | 40 | €13,536 | €750 | -€12,786 | -94.5% |
| Cash at bank and in hand | 54/58 | €7,313 | €6,557 | -€756 | -10.3% |
| Deferred charges and accrued income | 490/1 | €4,231 | €4,848 | +€617 | +14.6% |
| Total equity and liabilities | 10/49 | €2,079,993 | €2,010,265 | -€69,728 | -3.4% |
| Equity | 10/15 | -€279,054 | -€491,711 | -€212,657 | -76.2% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €171,900 | €165,802 | -€6,098 | -3.5% |
| Non-distributable reserves | 130/1 | €7,246 | €7,246 | = | 0.0% |
| Legal reserve | 130 | €7,246 | €7,246 | = | 0.0% |
| Tax-exempt reserves | 132 | €164,654 | €158,556 | -€6,098 | -3.7% |
| Profit (loss) carried forward | 14 | -€748,426 | -€954,985 | -€206,559 | -27.6% |
| Provisions and deferred taxes | 16 | €54,885 | €52,852 | -€2,033 | -3.7% |
| Deferred taxes | 168 | €54,885 | €52,852 | -€2,033 | -3.7% |
| Amounts payable | 17/49 | €2,304,163 | €2,449,124 | +€144,962 | +6.3% |
| Amounts payable after more than one year | 17 | €2,260,458 | €2,399,837 | +€139,379 | +6.2% |
| Financial debts | 170/4 | €2,003,323 | €2,003,323 | = | 0.0% |
| Other amounts payable | 178/9 | €257,135 | €396,514 | +€139,379 | +54.2% |
| Amounts payable within one year | 42/48 | €33,611 | €49,287 | +€15,677 | +46.6% |
| Trade debts | 44 | €28,111 | €46,537 | +€18,427 | +65.6% |
| Suppliers | 440/4 | €28,111 | €46,537 | +€18,427 | +65.6% |
| Other amounts payable | 47/48 | €5,500 | €2,750 | -€2,750 | -50.0% |
| Accrued charges and deferred income | 492/3 | €10,095 | €0 | -€10,095 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,383 | €78,481 | +€6,098 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€113,832 | -€113,832 | |
| Other operating charges | 640/8 | €21,816 | €165,926 | +€144,110 | +661% |
| Gross operating margin | 9900 | -€3,446 | €5,642 | +€9,089 | |
| Operating profit (loss) | 9901 | -€97,646 | -€124,933 | -€27,287 | -27.9% |
| Financial charges | 65/66B | €127,198 | €89,756 | -€37,442 | -29.4% |
| Recurring financial charges | 65 | €127,198 | €89,756 | -€37,442 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€224,844 | -€214,690 | +€10,154 | +4.5% |
| Transfer from deferred taxes | 780 | €2,033 | €2,033 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€222,811 | -€212,657 | +€10,154 | +4.6% |
| Transfer from tax-exempt reserves | 789 | €6,098 | €6,098 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€216,713 | -€206,559 | +€10,154 | +4.7% |
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 28 October 2026 via checked.be.