SUNSATION: 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.
SUNSATION
Largest movements
- Tangible fixed assets -€5,462
down €5,462 (-16.1%), from €33,844 to €28,382
of which Plant, machinery and equipment: -€3,480
- Stocks and contracts +€1,117
up €1,117 (+62.1%), from €1,797 to €2,913
- Cash +€1,033
new in 2025: €1,033
mainly Net result for the year (+€7,448) and Depreciation (+€7,211)
- Receivables within one year -€968
down €968 (-2.3%), from €42,735 to €41,767
- Short-term financial debts -€9,664
no longer reported in 2025 (was €9,664)
- Reserves +€7,448
up €7,448 (+105.0%), from €7,091 to €14,539
- Tax, wage and social debts -€915
down €915 (-10.2%), from €8,967 to €8,052
of which Remuneration and social security: -€539
- Trade debts -€800
down €800 (-1.9%), from €41,151 to €40,351
- Gross operating margin +€1,574
up €1,574 (+6.1%), from €25,954 to €27,528
- Financial charges -€1,117
down €1,117 (-31.9%), from €3,499 to €2,382
- Taxes +€1,070
up €1,070 (+49.9%), from €2,146 to €3,216
- Other operating charges +€970
up €970 (+57.8%), from €1,678 to €2,648
- Depreciation +€562
up €562 (+8.5%), from €6,649 to €7,211
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 | €78,860 | €75,241 | -€3,619 | -4.6% |
| Fixed assets | 21/28 | €33,844 | €28,382 | -€5,462 | -16.1% |
| Tangible fixed assets | 22/27 | €33,844 | €28,382 | -€5,462 | -16.1% |
| Plant, machinery and equipment | 23 | €29,921 | €26,441 | -€3,480 | -11.6% |
| Furniture and vehicles | 24 | €1,009 | €561 | -€449 | -44.4% |
| Other tangible fixed assets | 26 | €2,913 | €1,380 | -€1,534 | -52.6% |
| Current assets | 29/58 | €45,016 | €46,859 | +€1,843 | +4.1% |
| Stocks and contracts in progress | 3 | €1,797 | €2,913 | +€1,117 | +62.1% |
| Stocks | 30/36 | €1,797 | €2,913 | +€1,117 | +62.1% |
| Amounts receivable within one year | 40/41 | €42,735 | €41,767 | -€968 | -2.3% |
| Other amounts receivable | 41 | €42,735 | €41,767 | -€968 | -2.3% |
| Cash at bank and in hand | 54/58 | - | €1,033 | +€1,033 | |
| Deferred charges and accrued income | 490/1 | €484 | €1,146 | +€662 | +137.0% |
| Total equity and liabilities | 10/49 | €78,860 | €75,241 | -€3,619 | -4.6% |
| Equity | 10/15 | €18,949 | €26,397 | +€7,448 | +39.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,091 | €14,539 | +€7,448 | +105.0% |
| Distributable reserves | 133 | €7,091 | €14,539 | +€7,448 | +105.0% |
| Profit (loss) carried forward | 14 | €1,858 | €1,858 | = | 0.0% |
| Amounts payable | 17/49 | €59,911 | €48,844 | -€11,067 | -18.5% |
| Amounts payable within one year | 42/48 | €59,782 | €48,403 | -€11,378 | -19.0% |
| Financial debts | 43 | €9,664 | - | -€9,664 | |
| Credit institutions | 430/8 | €9,664 | - | -€9,664 | |
| Trade debts | 44 | €41,151 | €40,351 | -€800 | -1.9% |
| Suppliers | 440/4 | €41,151 | €40,351 | -€800 | -1.9% |
| Taxes, remuneration and social security | 45 | €8,967 | €8,052 | -€915 | -10.2% |
| Taxes | 450/3 | €7,755 | €7,378 | -€376 | -4.9% |
| Remuneration and social security | 454/9 | €1,212 | €674 | -€539 | -44.4% |
| Accrued charges and deferred income | 492/3 | €129 | €440 | +€311 | +241.4% |
| Remuneration, social security and pensions | 62 | €6,495 | €6,067 | -€429 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,649 | €7,211 | +€562 | +8.5% |
| Other operating charges | 640/8 | €1,678 | €2,648 | +€970 | +57.8% |
| Gross operating margin | 9900 | €25,954 | €27,528 | +€1,574 | +6.1% |
| Operating profit (loss) | 9901 | €11,132 | €11,602 | +€470 | +4.2% |
| Financial income | 75/76B | €1,604 | €1,443 | -€161 | -10.0% |
| Recurring financial income | 75 | €1,604 | €1,443 | -€161 | -10.0% |
| Financial charges | 65/66B | €3,499 | €2,382 | -€1,117 | -31.9% |
| Recurring financial charges | 65 | €3,499 | €2,382 | -€1,117 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €9,237 | €10,664 | +€1,427 | +15.4% |
| Income taxes | 67/77 | €2,146 | €3,216 | +€1,070 | +49.9% |
| Profit (loss) for the period | 9904 | €7,091 | €7,448 | +€357 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,091 | €7,448 | +€357 | +5.0% |
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 4 October 2026 via checked.be.