SUNVIEW: what changed
What changed
SUNVIEW
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
filed annual accounts (NBB)
Net result for the year
-€577,986
2024 · €348,677-€926,662
Equity
€2.6m
2024 · €3.2m-€577,986
Cash
€338,768
2024 · €221,172+€117,596
Balance sheet total
€9.2m
2024 · €10.1m-€902,123
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-39.4%), from €3.4m to €2.1m
of which Trade receivables: -€1.3m
- Stocks and contracts +€338,612
up €338,612 (+5.3%), from €6.4m to €6.7m
- Cash +€117,596
up €117,596 (+53.2%), from €221,172 to €338,768
mainly Receivables within one year (+€1.3m) and Trade debts (+€798,444)
Equity and liabilities
- Other debts -€1.3m
down €1.3m (-89.3%), from €1.5m to €159,140
- Trade debts +€798,444
up €798,444 (+22.2%), from €3.6m to €4.4m
- Profit (loss) carried forward -€577,986
new in 2025: -€577,986
- Advances received +€328,956
up €328,956 (+20.6%), from €1.6m to €1.9m
Income statement
- Gross operating margin -€1.1m
down €1.1m, from €687,365 to -€429,185
- Financial charges -€368,260
down €368,260 (-35.3%), from €1.0m to €675,400
- Other operating charges +€217,956
up €217,956 (+7,730%), from €2,820 to €220,776
- Financial income +€35,210
up €35,210 (+4.5%), from €776,771 to €811,981
- Write-downs +€16,169
no longer reported in 2025 (was -€16,169)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€348,677
Gross operating margin
-€1.1m
Staff costs
+€6,442
Depreciation
+€33
Write-downs
-€16,169
Other operating charges
-€217,956
Financial income
+€35,210
Financial charges
+€368,260
Taxes
+€14,069
Result 2025
-€577,986
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€120,474
Investment
-€2,878
Financing
€0
Cash 2024
€221,172
From operations (derived)
+€120,474
Net result for the year
-€577,986
Depreciation
+€2,552
Stocks and contracts
-€338,612
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€8,679
Trade debts
+€798,444
Tax, wage and social debts
-€17,226
Advances received
+€328,956
Other debts
-€1.3m
Accrued charges and deferred income
-€100,289
Investment (derived)
-€2,878
Investment in fixed assets (net)
-€2,878
Cash 2025
€338,768
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,054,282 | €9,152,159 | -€902,123 | -9.0% |
| Fixed assets | 21/28 | €11,716 | €12,043 | +€326 | +2.8% |
| Tangible fixed assets | 22/27 | €7,716 | €8,043 | +€326 | +4.2% |
| Plant, machinery and equipment | 23 | - | €1,433 | +€1,433 | |
| Furniture and vehicles | 24 | €6,803 | €5,911 | -€892 | -13.1% |
| Other tangible fixed assets | 26 | €914 | €699 | -€215 | -23.5% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €10,042,566 | €9,140,117 | -€902,449 | -9.0% |
| Stocks and contracts in progress | 3 | €6,376,747 | €6,715,359 | +€338,612 | +5.3% |
| Stocks | 30/36 | €6,376,747 | €6,715,359 | +€338,612 | +5.3% |
| Amounts receivable within one year | 40/41 | €3,427,421 | €2,077,442 | -€1.3m | -39.4% |
| Trade receivables | 40 | €2,133,432 | €842,192 | -€1.3m | -60.5% |
| Other amounts receivable | 41 | €1,293,989 | €1,235,250 | -€58,738 | -4.5% |
| Cash at bank and in hand | 54/58 | €221,172 | €338,768 | +€117,596 | +53.2% |
| Deferred charges and accrued income | 490/1 | €17,226 | €8,547 | -€8,679 | -50.4% |
| Total equity and liabilities | 10/49 | €10,054,282 | €9,152,159 | -€902,123 | -9.0% |
| Equity | 10/15 | €3,210,047 | €2,632,061 | -€577,986 | -18.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,148,047 | €3,148,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,141,847 | €3,141,847 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€577,986 | -€577,986 | |
| Amounts payable | 17/49 | €6,844,235 | €6,520,098 | -€324,138 | -4.7% |
| Amounts payable within one year | 42/48 | €6,743,758 | €6,519,909 | -€223,849 | -3.3% |
| Trade debts | 44 | €3,597,983 | €4,396,427 | +€798,444 | +22.2% |
| Suppliers | 440/4 | €3,597,983 | €4,396,427 | +€798,444 | +22.2% |
| Advances received on contracts in progress | 46 | €1,594,077 | €1,923,033 | +€328,956 | +20.6% |
| Taxes, remuneration and social security | 45 | €58,536 | €41,309 | -€17,226 | -29.4% |
| Taxes | 450/3 | €56,380 | €32,925 | -€23,456 | -41.6% |
| Remuneration and social security | 454/9 | €2,155 | €8,385 | +€6,230 | +289% |
| Other amounts payable | 47/48 | €1,493,162 | €159,140 | -€1.3m | -89.3% |
| Accrued charges and deferred income | 492/3 | €100,477 | €188 | -€100,289 | -99.8% |
| Remuneration, social security and pensions | 62 | €58,111 | €51,669 | -€6,442 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,584 | €2,552 | -€33 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,169 | - | +€16,169 | |
| Other operating charges | 640/8 | €2,820 | €220,776 | +€217,956 | +7,730% |
| Gross operating margin | 9900 | €687,365 | -€429,185 | -€1.1m | |
| Operating profit (loss) | 9901 | €640,020 | -€704,182 | -€1.3m | |
| Financial income | 75/76B | €776,771 | €811,981 | +€35,210 | +4.5% |
| Recurring financial income | 75 | €776,771 | €811,981 | +€35,210 | +4.5% |
| Financial charges | 65/66B | €1,043,660 | €675,400 | -€368,260 | -35.3% |
| Recurring financial charges | 65 | €1,043,660 | €675,400 | -€368,260 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €373,130 | -€567,601 | -€940,731 | |
| Income taxes | 67/77 | €24,454 | €10,384 | -€14,069 | -57.5% |
| Profit (loss) for the period | 9904 | €348,677 | -€577,986 | -€926,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €348,677 | -€577,986 | -€926,662 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.