X 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.
X SUN
Largest movements
- Tangible fixed assets -€16,725
down €16,725 (-15.3%), from €109,224 to €92,499
of which Plant, machinery and equipment: -€16,375
- Cash +€11,865
up €11,865 (+6.6%), from €179,448 to €191,313
mainly Depreciation (+€33,965) and Other debts (+€5,000)
- Receivables within one year +€4,325
up €4,325 (+159.8%), from €2,706 to €7,031
- Tax, wage and social debts -€5,414
down €5,414 (-14.2%), from €38,108 to €32,694
of which Remuneration and social security: -€5,658
- Other debts +€5,000
up €5,000 (+114.1%), from €4,383 to €9,383
- Reserves +€3,900
up €3,900 (+6.9%), from €56,860 to €60,760
of which Distributable reserves: +€3,900
- Trade debts -€2,974
down €2,974 (-19.6%), from €15,200 to €12,227
- Gross operating margin -€7,652
down €7,652 (-4.1%), from €185,617 to €177,965
- Other operating charges -€5,909
down €5,909 (-88.3%), from €6,691 to €782
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,460 | €296,479 | +€1,020 | +0.3% |
| Formation expenses | 20 | €1,183 | €942 | -€241 | -20.3% |
| Fixed assets | 21/28 | €109,249 | €92,524 | -€16,725 | -15.3% |
| Tangible fixed assets | 22/27 | €109,224 | €92,499 | -€16,725 | -15.3% |
| Plant, machinery and equipment | 23 | €108,243 | €91,868 | -€16,375 | -15.1% |
| Furniture and vehicles | 24 | €981 | €631 | -€350 | -35.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €185,028 | €203,013 | +€17,985 | +9.7% |
| Stocks and contracts in progress | 3 | €272 | €272 | = | 0.0% |
| Stocks | 30/36 | €272 | €272 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,706 | €7,031 | +€4,325 | +159.8% |
| Other amounts receivable | 41 | €2,706 | €7,031 | +€4,325 | +159.8% |
| Cash at bank and in hand | 54/58 | €179,448 | €191,313 | +€11,865 | +6.6% |
| Deferred charges and accrued income | 490/1 | €2,603 | €4,398 | +€1,795 | +69.0% |
| Total equity and liabilities | 10/49 | €295,460 | €296,479 | +€1,020 | +0.3% |
| Equity | 10/15 | €193,322 | €197,287 | +€3,965 | +2.1% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €56,860 | €60,760 | +€3,900 | +6.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €58,900 | +€3,900 | +7.1% |
| Profit (loss) carried forward | 14 | €129,962 | €130,027 | +€65 | +0.1% |
| Amounts payable | 17/49 | €102,138 | €99,192 | -€2,946 | -2.9% |
| Amounts payable after more than one year | 17 | €28,381 | €29,367 | +€986 | +3.5% |
| Financial debts | 170/4 | €28,381 | €29,367 | +€986 | +3.5% |
| Amounts payable within one year | 42/48 | €73,757 | €69,825 | -€3,932 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €16,065 | €15,522 | -€544 | -3.4% |
| Trade debts | 44 | €15,200 | €12,227 | -€2,974 | -19.6% |
| Suppliers | 440/4 | €15,200 | €12,227 | -€2,974 | -19.6% |
| Taxes, remuneration and social security | 45 | €38,108 | €32,694 | -€5,414 | -14.2% |
| Taxes | 450/3 | €7,453 | €7,697 | +€244 | +3.3% |
| Remuneration and social security | 454/9 | €30,655 | €24,997 | -€5,658 | -18.5% |
| Other amounts payable | 47/48 | €4,383 | €9,383 | +€5,000 | +114.1% |
| Remuneration, social security and pensions | 62 | €131,196 | €132,046 | +€851 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,475 | €33,965 | +€491 | +1.5% |
| Other operating charges | 640/8 | €6,691 | €782 | -€5,909 | -88.3% |
| Gross operating margin | 9900 | €185,617 | €177,965 | -€7,652 | -4.1% |
| Operating profit (loss) | 9901 | €14,255 | €11,171 | -€3,085 | -21.6% |
| Financial income | 75/76B | €0 | €59 | +€59 | +12489.4% |
| Recurring financial income | 75 | €0 | €59 | +€59 | +12489.4% |
| Financial charges | 65/66B | €5,603 | €6,212 | +€608 | +10.9% |
| Recurring financial charges | 65 | €5,603 | €6,212 | +€608 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €8,652 | €5,018 | -€3,634 | -42.0% |
| Income taxes | 67/77 | €2,126 | €1,053 | -€1,073 | -50.5% |
| Profit (loss) for the period | 9904 | €6,526 | €3,965 | -€2,561 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,526 | €3,965 | -€2,561 | -39.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.