SUNXENERGY: 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.
SUNXENERGY
Largest movements
- Receivables within one year -€47,346
down €47,346 (-37.5%), from €126,258 to €78,912
of which Trade receivables: -€40,787
- Cash -€10,367
down €10,367 (-99.2%), from €10,450 to €83
mainly Net result for the year (-€82,282) and Trade debts (-€13,673)
- Tangible fixed assets -€1,773
down €1,773 (-49.9%), from €3,551 to €1,778
of which Plant, machinery and equipment: -€1,504
- Profit (loss) carried forward -€82,282
down €82,282, from €29,152 to -€53,131
- Other debts +€44,603
up €44,603 (+675%), from €6,607 to €51,210
- Trade debts -€13,673
down €13,673 (-31.0%), from €44,156 to €30,483
- Tax, wage and social debts -€13,105
down €13,105 (-38.4%), from €34,087 to €20,982
of which Taxes: -€11,605
- Current portion of long-term debt +€5,412
up €5,412 (+140%), from €3,875 to €9,287
- Purchases and services -€47,626
down €47,626 (-8.5%), from €562,421 to €514,795
- Turnover -€40,766
down €40,766 (-8.4%), from €483,553 to €442,787
- Taxes +€23,760
up €23,760, from -€23,009 to €751
- Gross operating margin -€12,390
down €12,390 (-20.8%), from -€59,618 to -€72,008
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 | €141,366 | €82,024 | -€59,343 | -42.0% |
| Fixed assets | 21/28 | €4,163 | €2,145 | -€2,018 | -48.5% |
| Intangible fixed assets | 21 | €613 | €368 | -€245 | -40.0% |
| Tangible fixed assets | 22/27 | €3,551 | €1,778 | -€1,773 | -49.9% |
| Plant, machinery and equipment | 23 | €2,634 | €1,130 | -€1,504 | -57.1% |
| Furniture and vehicles | 24 | €917 | €648 | -€269 | -29.3% |
| Current assets | 29/58 | €137,203 | €79,878 | -€57,325 | -41.8% |
| Amounts receivable within one year | 40/41 | €126,258 | €78,912 | -€47,346 | -37.5% |
| Trade receivables | 40 | €119,699 | €78,912 | -€40,787 | -34.1% |
| Other amounts receivable | 41 | €6,560 | - | -€6,560 | |
| Cash at bank and in hand | 54/58 | €10,450 | €83 | -€10,367 | -99.2% |
| Deferred charges and accrued income | 490/1 | €495 | €883 | +€389 | +78.6% |
| Total equity and liabilities | 10/49 | €141,366 | €82,024 | -€59,343 | -42.0% |
| Equity | 10/15 | €49,603 | -€32,680 | -€82,282 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,152 | -€53,131 | -€82,282 | |
| Amounts payable | 17/49 | €91,763 | €114,703 | +€22,940 | +25.0% |
| Amounts payable after more than one year | 17 | €3,038 | - | -€3,038 | |
| Other amounts payable | 178/9 | €3,038 | - | -€3,038 | |
| Amounts payable within one year | 42/48 | €88,725 | €114,703 | +€25,978 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €3,875 | €9,287 | +€5,412 | +140% |
| Financial debts | 43 | - | €2,741 | +€2,741 | |
| Credit institutions | 430/8 | - | €2,741 | +€2,741 | |
| Trade debts | 44 | €44,156 | €30,483 | -€13,673 | -31.0% |
| Suppliers | 440/4 | €44,156 | €30,483 | -€13,673 | -31.0% |
| Taxes, remuneration and social security | 45 | €34,087 | €20,982 | -€13,105 | -38.4% |
| Taxes | 450/3 | €32,587 | €20,982 | -€11,605 | -35.6% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €6,607 | €51,210 | +€44,603 | +675% |
| Turnover | 70 | €483,553 | €442,787 | -€40,766 | -8.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €562,421 | €514,795 | -€47,626 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,877 | €2,018 | +€141 | +7.5% |
| Other operating charges | 640/8 | €851 | €1,238 | +€387 | +45.4% |
| Non-recurring operating charges | 66A | €9,883 | - | -€9,883 | |
| Gross operating margin | 9900 | -€59,618 | -€72,008 | -€12,390 | -20.8% |
| Operating profit (loss) | 9901 | -€72,229 | -€75,264 | -€3,035 | -4.2% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €1,854 | €6,267 | +€4,413 | +238% |
| Recurring financial charges | 65 | €1,854 | €6,267 | +€4,413 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€74,077 | -€81,531 | -€7,454 | -10.1% |
| Income taxes | 67/77 | -€23,009 | €751 | +€23,760 | |
| Profit (loss) for the period | 9904 | -€51,068 | -€82,282 | -€31,214 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,068 | -€82,282 | -€31,214 | -61.1% |
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 19 October 2026 via checked.be.