Zonneschijn: 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.
Zonneschijn
Largest movements
- Receivables after one year +€137,712
up €137,712 (+129%), from €106,509 to €244,221
of which Other amounts receivable: +€133,982
- Cash +€35,066
up €35,066 (+15.6%), from €224,847 to €259,913
mainly Net result for the year (+€134,975) and Tax, wage and social debts (+€35,181)
- Profit (loss) carried forward +€134,975
up €134,975 (+80.0%), from €168,728 to €303,703
- Tax, wage and social debts +€35,181
up €35,181 (+42.5%), from €82,825 to €118,006
of which Taxes: +€118,006
- Gross operating margin +€356,160
up €356,160 (+40.1%), from €888,899 to €1.2m
- Staff costs +€230,457
up €230,457 (+27.0%), from €853,032 to €1.1m
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 | €417,301 | €592,650 | +€175,349 | +42.0% |
| Fixed assets | 21/28 | €81,624 | €88,496 | +€6,872 | +8.4% |
| Tangible fixed assets | 22/27 | €81,624 | €84,573 | +€2,949 | +3.6% |
| Plant, machinery and equipment | 23 | €25,880 | €28,079 | +€2,199 | +8.5% |
| Furniture and vehicles | 24 | €523 | €313 | -€210 | -40.2% |
| Other tangible fixed assets | 26 | €55,221 | €56,181 | +€960 | +1.7% |
| Financial fixed assets | 28 | - | €3,923 | +€3,923 | |
| Current assets | 29/58 | €335,676 | €504,154 | +€168,478 | +50.2% |
| Amounts receivable after more than one year | 29 | €106,509 | €244,221 | +€137,712 | +129% |
| Trade receivables | 290 | €21,126 | €24,857 | +€3,731 | +17.7% |
| Other amounts receivable | 291 | €85,382 | €219,364 | +€133,982 | +157% |
| Cash at bank and in hand | 54/58 | €224,847 | €259,913 | +€35,066 | +15.6% |
| Deferred charges and accrued income | 490/1 | €4,320 | €20 | -€4,300 | -99.5% |
| Total equity and liabilities | 10/49 | €417,301 | €592,650 | +€175,349 | +42.0% |
| Equity | 10/15 | €269,535 | €404,510 | +€134,975 | +50.1% |
| Contributions | 10/11 | €100,807 | €100,807 | +€0 | 0.0% |
| Capital | 10 | €100,807 | €100,807 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €168,728 | €303,703 | +€134,975 | +80.0% |
| Amounts payable | 17/49 | €147,765 | €188,140 | +€40,375 | +27.3% |
| Amounts payable within one year | 42/48 | €144,165 | €179,743 | +€35,578 | +24.7% |
| Trade debts | 44 | €61,340 | €61,737 | +€397 | +0.6% |
| Suppliers | 440/4 | €61,340 | €61,737 | +€397 | +0.6% |
| Taxes, remuneration and social security | 45 | €82,825 | €118,006 | +€35,181 | +42.5% |
| Taxes | 450/3 | - | €118,006 | +€118,006 | |
| Remuneration and social security | 454/9 | €82,825 | - | -€82,825 | |
| Accrued charges and deferred income | 492/3 | €3,600 | €8,397 | +€4,797 | +133% |
| Remuneration, social security and pensions | 62 | €853,032 | €1,083,489 | +€230,457 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,216 | €14,092 | -€4,124 | -22.6% |
| Other operating charges | 640/8 | €3,471 | €5,110 | +€1,639 | +47.2% |
| Non-recurring operating charges | 66A | - | €7,566 | +€7,566 | |
| Gross operating margin | 9900 | €888,899 | €1,245,059 | +€356,160 | +40.1% |
| Operating profit (loss) | 9901 | €14,180 | €134,802 | +€120,622 | +851% |
| Financial income | 75/76B | €530 | €667 | +€137 | +25.9% |
| Recurring financial income | 75 | €530 | €667 | +€137 | +25.9% |
| Financial charges | 65/66B | €395 | €344 | -€51 | -12.8% |
| Recurring financial charges | 65 | €395 | €344 | -€51 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €14,315 | €135,125 | +€120,810 | +844% |
| Income taxes | 67/77 | - | €150 | +€150 | |
| Profit (loss) for the period | 9904 | €14,315 | €134,975 | +€120,660 | +843% |
| Profit (loss) for the period to be appropriated | 9905 | €14,315 | €134,975 | +€120,660 | +843% |
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 20 October 2026 via checked.be.