The Sunkeeper: what changed
What changed
The Sunkeeper
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€19,033
2024 · -€117,552+€136,585
Equity
€5,507
2024 · -€13,526+€19,033
Cash
€9,387
2024 · €11,458-€2,071
Balance sheet total
€466,707
2024 · €507,839-€41,132
Largest movements
Assets
- Receivables within one year -€37,680
down €37,680 (-9.6%), from €390,681 to €353,002
of which Trade receivables: -€37,015
- Deferred charges and accrued income +€19,413
up €19,413 (+657%), from €2,953 to €22,366
- Tangible fixed assets -€19,057
down €19,057 (-52.0%), from €36,662 to €17,605
of which Furniture and vehicles: -€17,349
Equity and liabilities
- Tax, wage and social debts -€33,862
down €33,862 (-44.5%), from €76,029 to €42,166
of which Remuneration and social security: -€30,657
- Advances received -€33,429
down €33,429 (-88.9%), from €37,592 to €4,163
- Profit (loss) carried forward +€19,033
up €19,033 (+46.7%), from -€40,723 to -€21,690
- Other debts +€16,000
up €16,000 (+61.9%), from €25,852 to €41,852
- Trade debts +€15,071
up €15,071 (+4.4%), from €344,001 to €359,071
Income statement
- Turnover +€196,437
up €196,437 (+16.9%), from €1.2m to €1.4m
- Goods and materials +€173,147
up €173,147 (+39.4%), from €439,478 to €612,625
of which Purchases: +€201,658
- Staff costs -€61,876
down €61,876 (-12.2%), from €508,711 to €446,835
- Services and other goods -€37,888
down €37,888 (-12.3%), from €308,452 to €270,565
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
-€117,552
Turnover
+€196,437
Other operating income
-€880
Goods and materials
-€173,147
Services and other goods
+€37,888
Staff costs
+€61,876
Depreciation
+€13,517
Other operating charges
+€583
Other operating items
-€450
Financial income
-€4
Financial charges
+€794
Taxes
-€29
Result 2025
€19,033
raises the resultlowers the resultnot broken down further in the accounts
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
+€23,048
Investment
€0
Financing
-€25,119
Cash 2024
€11,458
From operations (derived)
+€23,048
Net result for the year
+€19,033
Depreciation
+€19,057
Stocks and contracts
+€1,738
Receivables within one year
+€37,680
Deferred charges and accrued income
-€19,413
Trade debts
+€15,071
Tax, wage and social debts
-€33,862
Advances received
-€33,429
Other debts
+€16,000
Accrued charges and deferred income
+€1,175
Financing
-€25,119
Debts after one year
-€11,504
Current portion of long-term debt
-€13,615
Cash 2025
€9,387
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,839 | €466,707 | -€41,132 | -8.1% |
| Fixed assets | 21/28 | €36,662 | €17,605 | -€19,057 | -52.0% |
| Tangible fixed assets | 22/27 | €36,662 | €17,605 | -€19,057 | -52.0% |
| Plant, machinery and equipment | 23 | €5,840 | €4,132 | -€1,708 | -29.3% |
| Furniture and vehicles | 24 | €30,822 | €13,473 | -€17,349 | -56.3% |
| Current assets | 29/58 | €471,178 | €449,102 | -€22,075 | -4.7% |
| Stocks and contracts in progress | 3 | €66,086 | €64,348 | -€1,738 | -2.6% |
| Stocks | 30/36 | €66,086 | €64,348 | -€1,738 | -2.6% |
| Goods purchased for resale | 34 | €66,086 | €64,348 | -€1,738 | -2.6% |
| Amounts receivable within one year | 40/41 | €390,681 | €353,002 | -€37,680 | -9.6% |
| Trade receivables | 40 | €384,073 | €347,058 | -€37,015 | -9.6% |
| Other amounts receivable | 41 | €6,608 | €5,943 | -€665 | -10.1% |
| Cash at bank and in hand | 54/58 | €11,458 | €9,387 | -€2,071 | -18.1% |
| Deferred charges and accrued income | 490/1 | €2,953 | €22,366 | +€19,413 | +657% |
| Total equity and liabilities | 10/49 | €507,839 | €466,707 | -€41,132 | -8.1% |
| Equity | 10/15 | -€13,526 | €5,507 | +€19,033 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,997 | €20,997 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,997 | €20,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,723 | -€21,690 | +€19,033 | +46.7% |
| Amounts payable | 17/49 | €521,365 | €461,200 | -€60,165 | -11.5% |
| Amounts payable after more than one year | 17 | €12,084 | €580 | -€11,504 | -95.2% |
| Financial debts | 170/4 | €12,084 | €580 | -€11,504 | -95.2% |
| Credit institutions | 173 | €12,084 | €580 | -€11,504 | -95.2% |
| Amounts payable within one year | 42/48 | €508,593 | €458,757 | -€49,836 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €25,119 | €11,504 | -€13,615 | -54.2% |
| Trade debts | 44 | €344,001 | €359,071 | +€15,071 | +4.4% |
| Suppliers | 440/4 | €344,001 | €359,071 | +€15,071 | +4.4% |
| Advances received on contracts in progress | 46 | €37,592 | €4,163 | -€33,429 | -88.9% |
| Taxes, remuneration and social security | 45 | €76,029 | €42,166 | -€33,862 | -44.5% |
| Taxes | 450/3 | €4,290 | €1,084 | -€3,206 | -74.7% |
| Remuneration and social security | 454/9 | €71,739 | €41,082 | -€30,657 | -42.7% |
| Other amounts payable | 47/48 | €25,852 | €41,852 | +€16,000 | +61.9% |
| Accrued charges and deferred income | 492/3 | €689 | €1,863 | +€1,175 | +171% |
| Operating income | 70/76A | €1,179,605 | €1,374,713 | +€195,107 | +16.5% |
| Turnover | 70 | €1,164,651 | €1,361,088 | +€196,437 | +16.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €0 | - | = | |
| Other operating income | 74 | €14,504 | €13,624 | -€880 | -6.1% |
| Non-recurring operating income | 76A | €450 | €0 | -€450 | -100% |
| Operating charges | 60/66A | €1,291,466 | €1,350,749 | +€59,283 | +4.6% |
| Goods for resale, raw materials and consumables | 60 | €439,478 | €612,625 | +€173,147 | +39.4% |
| Purchases | 600/8 | €409,229 | €610,887 | +€201,658 | +49.3% |
| Change in stocks: decrease (increase) | 609 | €30,248 | €1,738 | -€28,511 | -94.3% |
| Services and other goods | 61 | €308,452 | €270,565 | -€37,888 | -12.3% |
| Remuneration, social security and pensions | 62 | €508,711 | €446,835 | -€61,876 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,574 | €19,057 | -€13,517 | -41.5% |
| Other operating charges | 640/8 | €2,250 | €1,667 | -€583 | -25.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€111,861 | €23,964 | +€135,825 | |
| Financial income | 75/76B | €31 | €27 | -€4 | -13.7% |
| Recurring financial income | 75 | €31 | €27 | -€4 | -13.7% |
| Income from current assets | 751 | €6 | €19 | +€13 | +223% |
| Other financial income | 752/9 | €25 | €7 | -€18 | -70.7% |
| Financial charges | 65/66B | €5,546 | €4,752 | -€794 | -14.3% |
| Recurring financial charges | 65 | €5,546 | €4,752 | -€794 | -14.3% |
| Debt charges | 650 | €3,345 | €3,407 | +€62 | +1.8% |
| Other financial charges | 652/9 | €2,201 | €1,345 | -€856 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€117,376 | €19,238 | +€136,614 | |
| Income taxes | 67/77 | €176 | €205 | +€29 | +16.6% |
| Taxes | 670/3 | €176 | €205 | +€29 | +16.6% |
| Profit (loss) for the period | 9904 | -€117,552 | €19,033 | +€136,585 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,552 | €19,033 | +€136,585 |
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 2 November 2026 via checked.be.