Sunsails Export: 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.
Sunsails Export
Largest movements
- Receivables within one year +€13,824
up €13,824 (+49.5%), from €27,944 to €41,768
of which Trade receivables: +€7,539
- Stocks and contracts -€12,139
down €12,139 (-12.3%), from €99,031 to €86,892
- Cash -€4,031
down €4,031 (-28.6%), from €14,093 to €10,061
mainly Receivables within one year (-€13,824) and Other debts (-€9,570)
- Trade debts +€12,548
up €12,548 (+71.4%), from €17,584 to €30,132
- Other debts -€9,570
down €9,570 (-13.9%), from €68,764 to €59,193
- Profit (loss) carried forward -€5,638
new in 2025: -€5,638
- Gross operating margin -€38,854
down €38,854, from €35,484 to -€3,371
- Taxes -€6,637
down €6,637 (-100.0%), from €6,637 to €0
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 | €143,783 | €140,895 | -€2,888 | -2.0% |
| Fixed assets | 21/28 | €1,979 | €1,382 | -€597 | -30.2% |
| Tangible fixed assets | 22/27 | €1,979 | €1,382 | -€597 | -30.2% |
| Plant, machinery and equipment | 23 | €1,979 | €1,382 | -€597 | -30.2% |
| Current assets | 29/58 | €141,804 | €139,513 | -€2,291 | -1.6% |
| Stocks and contracts in progress | 3 | €99,031 | €86,892 | -€12,139 | -12.3% |
| Stocks | 30/36 | €99,031 | €86,892 | -€12,139 | -12.3% |
| Amounts receivable within one year | 40/41 | €27,944 | €41,768 | +€13,824 | +49.5% |
| Trade receivables | 40 | €27,944 | €35,483 | +€7,539 | +27.0% |
| Other amounts receivable | 41 | - | €6,285 | +€6,285 | |
| Cash at bank and in hand | 54/58 | €14,093 | €10,061 | -€4,031 | -28.6% |
| Deferred charges and accrued income | 490/1 | €735 | €791 | +€55 | +7.5% |
| Total equity and liabilities | 10/49 | €143,783 | €140,895 | -€2,888 | -2.0% |
| Equity | 10/15 | €40,097 | €34,459 | -€5,638 | -14.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €39,997 | €39,997 | = | 0.0% |
| Distributable reserves | 133 | €39,997 | €39,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,638 | -€5,638 | |
| Amounts payable | 17/49 | €103,686 | €106,436 | +€2,750 | +2.7% |
| Amounts payable within one year | 42/48 | €101,528 | €103,665 | +€2,137 | +2.1% |
| Financial debts | 43 | - | €507 | +€507 | |
| Credit institutions | 430/8 | - | €507 | +€507 | |
| Trade debts | 44 | €17,584 | €30,132 | +€12,548 | +71.4% |
| Suppliers | 440/4 | €17,584 | €30,132 | +€12,548 | +71.4% |
| Taxes, remuneration and social security | 45 | €15,180 | €13,833 | -€1,347 | -8.9% |
| Taxes | 450/3 | €15,180 | €13,833 | -€1,347 | -8.9% |
| Other amounts payable | 47/48 | €68,764 | €59,193 | -€9,570 | -13.9% |
| Accrued charges and deferred income | 492/3 | €2,158 | €2,771 | +€613 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597 | €597 | = | 0.0% |
| Other operating charges | 640/8 | €796 | €834 | +€39 | +4.9% |
| Gross operating margin | 9900 | €35,484 | -€3,371 | -€38,854 | |
| Operating profit (loss) | 9901 | €34,091 | -€4,802 | -€38,893 | |
| Financial income | 75/76B | €0 | €68 | +€68 | |
| Recurring financial income | 75 | €0 | €68 | +€68 | |
| Financial charges | 65/66B | €1,089 | €904 | -€185 | -17.0% |
| Recurring financial charges | 65 | €1,089 | €904 | -€185 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €33,002 | -€5,638 | -€38,640 | |
| Income taxes | 67/77 | €6,637 | €0 | -€6,637 | -100.0% |
| Profit (loss) for the period | 9904 | €26,365 | -€5,638 | -€32,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,365 | -€5,638 | -€32,003 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.