Sunvision: 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.
What changed
Sunvision
NACE 46.499, Wholesale of other household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,096
2024 · -€10,625+€13,720
Equity
€327,404
2024 · €324,309+€3,096
Cash
€104,276
2024 · €96,727+€7,549
Balance sheet total
€1.1m
2024 · €933,353+€116,943
Largest movements
Assets
- Stocks and contracts +€102,689
up €102,689 (+15.1%), from €680,076 to €782,765
- Receivables within one year +€40,970
up €40,970 (+63.2%), from €64,842 to €105,812
of which Trade receivables: +€41,079
- Tangible fixed assets -€35,319
down €35,319 (-40.7%), from €86,830 to €51,511
of which Other tangible fixed assets: -€20,245
Equity and liabilities
- Trade debts +€131,991
up €131,991 (+45.3%), from €291,135 to €423,126
of which Suppliers: +€131,991
- Debts after one year -€18,689
down €18,689 (-42.3%), from €44,146 to €25,456
Income statement
- Write-downs -€42,061
down €42,061 (-100.0%), from €42,061 to €0
- Staff costs +€16,107
up €16,107 (+4.8%), from €335,052 to €351,159
- Gross operating margin -€12,913
down €12,913 (-3.1%), from €422,318 to €409,404
- Financial income -€4,977
down €4,977 (-95.7%), from €5,200 to €223
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.
Result 2024
-€10,625
Gross operating margin
-€12,913
Staff costs
-€16,107
Depreciation
+€2,056
Write-downs
+€42,061
Other operating charges
-€345
Financial income
-€4,977
Financial charges
+€3,987
Taxes
-€42
Result 2025
€3,096
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.
From operations
+€25,285
Investment
€0
Financing
-€17,737
Cash 2024
€96,727
From operations (derived)
+€25,285
Net result for the year
+€3,096
Depreciation
+€35,319
Stocks and contracts
-€102,689
Receivables within one year
-€40,970
Deferred charges and accrued income
-€1,054
Trade debts
+€131,991
Tax, wage and social debts
-€790
Other debts
+€382
Financing
-€17,737
Debts after one year
-€18,689
Current portion of long-term debt
+€953
Cash 2025
€104,276
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €933,353 | €1,050,295 | +€116,943 | +12.5% |
| Fixed assets | 21/28 | €88,145 | €52,826 | -€35,319 | -40.1% |
| Tangible fixed assets | 22/27 | €86,830 | €51,511 | -€35,319 | -40.7% |
| Plant, machinery and equipment | 23 | €6,927 | €4,904 | -€2,023 | -29.2% |
| Furniture and vehicles | 24 | €15,763 | €8,475 | -€7,287 | -46.2% |
| Leasing and similar rights | 25 | €23,650 | €17,887 | -€5,763 | -24.4% |
| Other tangible fixed assets | 26 | €40,491 | €20,245 | -€20,245 | -50.0% |
| Financial fixed assets | 28 | €1,315 | €1,315 | = | 0.0% |
| Current assets | 29/58 | €845,208 | €997,469 | +€152,261 | +18.0% |
| Stocks and contracts in progress | 3 | €680,076 | €782,765 | +€102,689 | +15.1% |
| Stocks | 30/36 | €680,076 | €782,765 | +€102,689 | +15.1% |
| Amounts receivable within one year | 40/41 | €64,842 | €105,812 | +€40,970 | +63.2% |
| Trade receivables | 40 | €64,361 | €105,440 | +€41,079 | +63.8% |
| Other amounts receivable | 41 | €481 | €372 | -€109 | -22.6% |
| Cash at bank and in hand | 54/58 | €96,727 | €104,276 | +€7,549 | +7.8% |
| Deferred charges and accrued income | 490/1 | €3,563 | €4,617 | +€1,054 | +29.6% |
| Total equity and liabilities | 10/49 | €933,353 | €1,050,295 | +€116,943 | +12.5% |
| Equity | 10/15 | €324,309 | €327,404 | +€3,096 | +1.0% |
| 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 | €403,301 | €403,301 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €397,101 | €397,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,992 | -€137,897 | +€3,096 | +2.2% |
| Amounts payable | 17/49 | €609,044 | €722,891 | +€113,847 | +18.7% |
| Amounts payable after more than one year | 17 | €44,146 | €25,456 | -€18,689 | -42.3% |
| Financial debts | 170/4 | €44,146 | €25,456 | -€18,689 | -42.3% |
| Amounts payable within one year | 42/48 | €564,898 | €697,435 | +€132,536 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €18,202 | €19,154 | +€953 | +5.2% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €291,135 | €423,126 | +€131,991 | +45.3% |
| Suppliers | 440/4 | €291,135 | €423,126 | +€131,991 | +45.3% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €52,946 | €52,157 | -€790 | -1.5% |
| Taxes | 450/3 | €9,346 | €5,900 | -€3,446 | -36.9% |
| Remuneration and social security | 454/9 | €43,600 | €46,257 | +€2,657 | +6.1% |
| Other amounts payable | 47/48 | €2,615 | €2,997 | +€382 | +14.6% |
| Non-recurring operating income | 76A | €5,300 | €0 | -€5,300 | -100.0% |
| Remuneration, social security and pensions | 62 | €335,052 | €351,159 | +€16,107 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,375 | €35,319 | -€2,056 | -5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €42,061 | €0 | -€42,061 | -100.0% |
| Other operating charges | 640/8 | €4,162 | €4,506 | +€345 | +8.3% |
| Gross operating margin | 9900 | €422,318 | €409,404 | -€12,913 | -3.1% |
| Operating profit (loss) | 9901 | €3,669 | €18,420 | +€14,752 | +402.1% |
| Financial income | 75/76B | €5,200 | €223 | -€4,977 | -95.7% |
| Recurring financial income | 75 | €5,200 | €223 | -€4,977 | -95.7% |
| Financial charges | 65/66B | €19,143 | €15,156 | -€3,987 | -20.8% |
| Recurring financial charges | 65 | €19,143 | €15,156 | -€3,987 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,274 | €3,488 | +€13,762 | |
| Income taxes | 67/77 | €350 | €392 | +€42 | +12.0% |
| Profit (loss) for the period | 9904 | -€10,625 | €3,096 | +€13,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,625 | €3,096 | +€13,720 |
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.