Suntrans: 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.
Suntrans
Largest movements
- Receivables within one year +€115,501
up €115,501 (+91.2%), from €126,644 to €242,145
of which Other amounts receivable: +€89,315
- Tangible fixed assets -€30,276
down €30,276 (-9.3%), from €323,927 to €293,652
of which Plant, machinery and equipment: -€18,095
- Tax, wage and social debts +€58,980
up €58,980 (+15,165%), from €389 to €59,368
- Trade debts +€27,753
up €27,753 (+163%), from €17,052 to €44,805
- Taxes +€107,725
up €107,725 (+718%), from €15,000 to €122,725
- Purchases and services +€45,688
up €45,688 (+23.1%), from €197,844 to €243,532
- Gross operating margin -€36,477
down €36,477 (-15.6%), from €233,113 to €196,636
- Turnover +€10,021
up €10,021 (+2.3%), from €427,949 to €437,971
- Staff costs -€8,686
down €8,686 (-100%), from €8,686 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.
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 | €1,292,335 | €1,386,502 | +€94,167 | +7.3% |
| Fixed assets | 21/28 | €327,865 | €297,590 | -€30,276 | -9.2% |
| Tangible fixed assets | 22/27 | €323,927 | €293,652 | -€30,276 | -9.3% |
| Land and buildings | 22 | €264,918 | €258,229 | -€6,689 | -2.5% |
| Plant, machinery and equipment | 23 | €52,273 | €34,177 | -€18,095 | -34.6% |
| Furniture and vehicles | 24 | €6,737 | €1,245 | -€5,491 | -81.5% |
| Financial fixed assets | 28 | €3,938 | €3,938 | = | 0.0% |
| Current assets | 29/58 | €964,470 | €1,088,913 | +€124,443 | +12.9% |
| Amounts receivable within one year | 40/41 | €126,644 | €242,145 | +€115,501 | +91.2% |
| Trade receivables | 40 | €14,720 | €40,906 | +€26,186 | +178% |
| Other amounts receivable | 41 | €111,924 | €201,239 | +€89,315 | +79.8% |
| Cash at bank and in hand | 54/58 | €837,826 | €846,768 | +€8,942 | +1.1% |
| Total equity and liabilities | 10/49 | €1,292,335 | €1,386,502 | +€94,167 | +7.3% |
| Equity | 10/15 | €1,257,513 | €1,269,410 | +€11,896 | +0.9% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €352,361 | €352,361 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €239,788 | €239,788 | = | 0.0% |
| Distributable reserves | 133 | €100,178 | €100,178 | = | 0.0% |
| Profit (loss) carried forward | 14 | €781,205 | €793,101 | +€11,896 | +1.5% |
| Amounts payable | 17/49 | €34,821 | €117,092 | +€82,271 | +236% |
| Amounts payable within one year | 42/48 | €33,154 | €115,426 | +€82,271 | +248% |
| Trade debts | 44 | €17,052 | €44,805 | +€27,753 | +163% |
| Suppliers | 440/4 | €17,052 | €44,805 | +€27,753 | +163% |
| Advances received on contracts in progress | 46 | €10,450 | €10,450 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €389 | €59,368 | +€58,980 | +15,165% |
| Remuneration and social security | 454/9 | €389 | €59,368 | +€58,980 | +15,165% |
| Other amounts payable | 47/48 | €5,264 | €802 | -€4,462 | -84.8% |
| Accrued charges and deferred income | 492/3 | €1,667 | €1,667 | = | 0.0% |
| Turnover | 70 | €427,949 | €437,971 | +€10,021 | +2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €197,844 | €243,532 | +€45,688 | +23.1% |
| Remuneration, social security and pensions | 62 | €8,686 | €0 | -€8,686 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,092 | €45,628 | -€6,465 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €24,699 | €25,290 | +€591 | +2.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €233,113 | €196,636 | -€36,477 | -15.6% |
| Operating profit (loss) | 9901 | €147,636 | €125,319 | -€22,317 | -15.1% |
| Financial income | 75/76B | €3,449 | €9,497 | +€6,047 | +175% |
| Recurring financial income | 75 | €3,449 | €9,497 | +€6,047 | +175% |
| Financial charges | 65/66B | €711 | €194 | -€516 | -72.7% |
| Recurring financial charges | 65 | €711 | €194 | -€516 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €150,374 | €134,621 | -€15,753 | -10.5% |
| Income taxes | 67/77 | €15,000 | €122,725 | +€107,725 | +718% |
| Profit (loss) for the period | 9904 | €135,374 | €11,896 | -€123,478 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €135,374 | €11,896 | -€123,478 | -91.2% |
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 16 October 2026 via checked.be.