TOM SUN: 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.
TOM SUN
Largest movements
- Tangible fixed assets -€16,508
down €16,508 (-6.6%), from €248,368 to €231,860
of which Land and buildings: -€12,123
- Cash +€15,494
up €15,494 (+55.6%), from €27,856 to €43,349
mainly Depreciation (+€20,505) and Net result for the year (+€16,772)
- Receivables within one year -€14,033
down €14,033 (-76.4%), from €18,374 to €4,341
of which Trade receivables: -€8,983
- Debts after one year -€22,005
down €22,005 (-13.9%), from €158,309 to €136,303
- Reserves +€15,500
up €15,500 (+27.2%), from €57,000 to €72,500
- Current portion of long-term debt -€4,190
down €4,190 (-16.0%), from €26,195 to €22,005
- Other debts +€3,791
new in 2025: €3,791
- Tax, wage and social debts -€3,722
down €3,722 (-47.3%), from €7,862 to €4,140
of which Remuneration and social security: -€4,318
- Gross operating margin -€22,593
down €22,593 (-17.2%), from €130,973 to €108,381
- Staff costs -€9,030
down €9,030 (-16.8%), from €53,725 to €44,696
- Other operating charges +€5,439
up €5,439 (+108.8%), from €5,000 to €10,439
- Taxes -€4,521
down €4,521 (-33.4%), from €13,545 to €9,024
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,488 | €291,909 | -€13,580 | -4.4% |
| Fixed assets | 21/28 | €249,600 | €232,845 | -€16,754 | -6.7% |
| Intangible fixed assets | 21 | €1,231 | €985 | -€246 | -20.0% |
| Tangible fixed assets | 22/27 | €248,368 | €231,860 | -€16,508 | -6.6% |
| Land and buildings | 22 | €236,462 | €224,339 | -€12,123 | -5.1% |
| Plant, machinery and equipment | 23 | €9,337 | €4,970 | -€4,367 | -46.8% |
| Furniture and vehicles | 24 | €2,569 | €2,551 | -€18 | -0.7% |
| Current assets | 29/58 | €55,889 | €59,064 | +€3,175 | +5.7% |
| Stocks and contracts in progress | 3 | €6,166 | €7,140 | +€974 | +15.8% |
| Stocks | 30/36 | €6,166 | €7,140 | +€974 | +15.8% |
| Amounts receivable within one year | 40/41 | €18,374 | €4,341 | -€14,033 | -76.4% |
| Trade receivables | 40 | €12,349 | €3,366 | -€8,983 | -72.7% |
| Other amounts receivable | 41 | €6,025 | €976 | -€5,050 | -83.8% |
| Cash at bank and in hand | 54/58 | €27,856 | €43,349 | +€15,494 | +55.6% |
| Deferred charges and accrued income | 490/1 | €3,493 | €4,233 | +€740 | +21.2% |
| Total equity and liabilities | 10/49 | €305,488 | €291,909 | -€13,580 | -4.4% |
| Equity | 10/15 | €108,809 | €124,747 | +€15,939 | +14.6% |
| Reserves | 13 | €57,000 | €72,500 | +€15,500 | +27.2% |
| Distributable reserves | 133 | €57,000 | €72,500 | +€15,500 | +27.2% |
| Profit (loss) carried forward | 14 | €51,809 | €52,247 | +€439 | +0.8% |
| Amounts payable | 17/49 | €196,680 | €167,162 | -€29,518 | -15.0% |
| Amounts payable after more than one year | 17 | €158,309 | €136,303 | -€22,005 | -13.9% |
| Financial debts | 170/4 | €158,309 | €136,303 | -€22,005 | -13.9% |
| Amounts payable within one year | 42/48 | €38,371 | €30,858 | -€7,513 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €26,195 | €22,005 | -€4,190 | -16.0% |
| Trade debts | 44 | €4,313 | €922 | -€3,391 | -78.6% |
| Suppliers | 440/4 | €4,313 | €922 | -€3,391 | -78.6% |
| Taxes, remuneration and social security | 45 | €7,862 | €4,140 | -€3,722 | -47.3% |
| Taxes | 450/3 | €3,545 | €4,140 | +€596 | +16.8% |
| Remuneration and social security | 454/9 | €4,318 | - | -€4,318 | |
| Other amounts payable | 47/48 | - | €3,791 | +€3,791 | |
| Remuneration, social security and pensions | 62 | €53,725 | €44,696 | -€9,030 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,503 | €20,505 | +€1 | 0.0% |
| Other operating charges | 640/8 | €5,000 | €10,439 | +€5,439 | +108.8% |
| Gross operating margin | 9900 | €130,973 | €108,381 | -€22,593 | -17.2% |
| Operating profit (loss) | 9901 | €51,744 | €32,741 | -€19,003 | -36.7% |
| Financial income | 75/76B | €152 | €138 | -€14 | -9.4% |
| Recurring financial income | 75 | €152 | €138 | -€14 | -9.4% |
| Financial charges | 65/66B | €7,088 | €7,083 | -€4 | -0.1% |
| Recurring financial charges | 65 | €7,088 | €7,083 | -€4 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €44,809 | €25,796 | -€19,013 | -42.4% |
| Income taxes | 67/77 | €13,545 | €9,024 | -€4,521 | -33.4% |
| Profit (loss) for the period | 9904 | €31,264 | €16,772 | -€14,492 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,264 | €16,772 | -€14,492 | -46.4% |
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 5 October 2026 via checked.be.