SunSway: 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.
SunSway
Largest movements
- Receivables within one year +€3,484
up €3,484 (+392.8%), from €887 to €4,371
of which Other amounts receivable: +€1,802
- Cash -€2,015
down €2,015 (-20.4%), from €9,899 to €7,884
mainly Receivables within one year (-€3,484) and Investment in fixed assets (net) (-€1,166)
- Trade debts +€2,645
up €2,645 (+98.2%), from €2,695 to €5,340
- Reserves -€873
down €873 (-20.6%), from €4,233 to €3,360
- Tax, wage and social debts -€650
down €650 (-75.7%), from €859 to €209
- Other debts +€348
new in 2025: €348
- Gross operating margin -€5,376
down €5,376 (-92.8%), from €5,795 to €419
- Taxes -€1,541
down €1,541, from €1,500 to -€41
- Depreciation +€1,166
new in 2025: €1,166
- Other operating charges +€120
new in 2025: €120
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 | €10,786 | €12,255 | +€1,469 | +13.6% |
| Current assets | 29/58 | €10,786 | €12,255 | +€1,469 | +13.6% |
| Amounts receivable within one year | 40/41 | €887 | €4,371 | +€3,484 | +392.8% |
| Trade receivables | 40 | €887 | €2,569 | +€1,682 | +189.6% |
| Other amounts receivable | 41 | - | €1,802 | +€1,802 | |
| Cash at bank and in hand | 54/58 | €9,899 | €7,884 | -€2,015 | -20.4% |
| Total equity and liabilities | 10/49 | €10,786 | €12,255 | +€1,469 | +13.6% |
| Equity | 10/15 | €7,233 | €6,360 | -€873 | -12.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,233 | €3,360 | -€873 | -20.6% |
| Distributable reserves | 133 | €4,233 | €3,360 | -€873 | -20.6% |
| Amounts payable | 17/49 | €3,553 | €5,896 | +€2,342 | +65.9% |
| Amounts payable within one year | 42/48 | €3,553 | €5,896 | +€2,342 | +65.9% |
| Trade debts | 44 | €2,695 | €5,340 | +€2,645 | +98.2% |
| Suppliers | 440/4 | €2,695 | €5,340 | +€2,645 | +98.2% |
| Taxes, remuneration and social security | 45 | €859 | €209 | -€650 | -75.7% |
| Taxes | 450/3 | €859 | €209 | -€650 | -75.7% |
| Other amounts payable | 47/48 | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,166 | +€1,166 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €5,795 | €419 | -€5,376 | -92.8% |
| Operating profit (loss) | 9901 | €5,795 | -€867 | -€6,662 | |
| Financial charges | 65/66B | €63 | €48 | -€14 | -23.0% |
| Recurring financial charges | 65 | €63 | €48 | -€14 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €5,733 | -€915 | -€6,648 | |
| Income taxes | 67/77 | €1,500 | -€41 | -€1,541 | |
| Profit (loss) for the period | 9904 | €4,233 | -€873 | -€5,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,233 | -€873 | -€5,106 |
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 11 October 2026 via checked.be.