M. SONCK CONSULT: 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.
M. SONCK CONSULT
Largest movements
- Receivables after one year -€53,093
down €53,093 (-44.8%), from €118,467 to €65,374
- Tangible fixed assets -€14,007
down €14,007 (-10.6%), from €132,462 to €118,455
of which Furniture and vehicles: -€7,528
- Cash -€11,966
down €11,966 (-55.9%), from €21,423 to €9,457
mainly Other debts (-€50,000) and Contributions, distributions and other (-€40,000)
- Receivables within one year +€8,368
up €8,368 (+248%), from €3,369 to €11,737
- Other debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Profit (loss) carried forward -€40,000
down €40,000 (-85.8%), from €46,625 to €6,625
- Tax, wage and social debts +€9,720
up €9,720 (+110%), from €8,817 to €18,537
- Reserves +€5,486
up €5,486 (+6.3%), from €87,433 to €92,919
of which Distributable reserves: +€5,486
- Trade debts +€4,072
up €4,072 (+68.3%), from €5,958 to €10,031
- Gross operating margin -€4,545
down €4,545 (-14.6%), from €31,179 to €26,634
- Taxes -€1,564
down €1,564 (-22.6%), from €6,917 to €5,353
- Other operating charges -€1,139
down €1,139 (-33.9%), from €3,355 to €2,217
- Depreciation +€631
up €631 (+4.1%), from €15,271 to €15,901
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 | €276,757 | €206,036 | -€70,722 | -25.6% |
| Fixed assets | 21/28 | €132,462 | €118,455 | -€14,007 | -10.6% |
| Tangible fixed assets | 22/27 | €132,462 | €118,455 | -€14,007 | -10.6% |
| Land and buildings | 22 | €99,000 | €94,000 | -€5,000 | -5.1% |
| Plant, machinery and equipment | 23 | €391 | €0 | -€391 | -100.0% |
| Furniture and vehicles | 24 | €28,924 | €21,396 | -€7,528 | -26.0% |
| Other tangible fixed assets | 26 | €4,148 | €3,060 | -€1,088 | -26.2% |
| Current assets | 29/58 | €144,295 | €87,580 | -€56,715 | -39.3% |
| Amounts receivable after more than one year | 29 | €118,467 | €65,374 | -€53,093 | -44.8% |
| Other amounts receivable | 291 | €118,467 | €65,374 | -€53,093 | -44.8% |
| Amounts receivable within one year | 40/41 | €3,369 | €11,737 | +€8,368 | +248% |
| Trade receivables | 40 | €3,369 | €11,737 | +€8,368 | +248% |
| Cash at bank and in hand | 54/58 | €21,423 | €9,457 | -€11,966 | -55.9% |
| Deferred charges and accrued income | 490/1 | €1,037 | €1,012 | -€25 | -2.4% |
| Total equity and liabilities | 10/49 | €276,757 | €206,036 | -€70,722 | -25.6% |
| Equity | 10/15 | €140,258 | €105,744 | -€34,514 | -24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,433 | €92,919 | +€5,486 | +6.3% |
| Non-distributable reserves | 130/1 | €1,685 | €1,685 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,685 | €1,685 | = | 0.0% |
| Distributable reserves | 133 | €85,748 | €91,234 | +€5,486 | +6.4% |
| Profit (loss) carried forward | 14 | €46,625 | €6,625 | -€40,000 | -85.8% |
| Provisions and deferred taxes | 16 | €71,724 | €71,724 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €71,724 | €71,724 | = | 0.0% |
| Pensions and similar obligations | 160 | €71,724 | €71,724 | = | 0.0% |
| Amounts payable | 17/49 | €64,775 | €28,568 | -€36,208 | -55.9% |
| Amounts payable within one year | 42/48 | €64,775 | €28,568 | -€36,208 | -55.9% |
| Trade debts | 44 | €5,958 | €10,031 | +€4,072 | +68.3% |
| Suppliers | 440/4 | €5,958 | €10,031 | +€4,072 | +68.3% |
| Taxes, remuneration and social security | 45 | €8,817 | €18,537 | +€9,720 | +110% |
| Taxes | 450/3 | €8,817 | €18,537 | +€9,720 | +110% |
| Other amounts payable | 47/48 | €50,000 | €0 | -€50,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,271 | €15,901 | +€631 | +4.1% |
| Other operating charges | 640/8 | €3,355 | €2,217 | -€1,139 | -33.9% |
| Gross operating margin | 9900 | €31,179 | €26,634 | -€4,545 | -14.6% |
| Operating profit (loss) | 9901 | €12,553 | €8,516 | -€4,037 | -32.2% |
| Financial income | 75/76B | €2,700 | €2,486 | -€214 | -7.9% |
| Recurring financial income | 75 | €2,700 | €2,486 | -€214 | -7.9% |
| Financial charges | 65/66B | €206 | €163 | -€43 | -20.9% |
| Recurring financial charges | 65 | €206 | €163 | -€43 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €15,047 | €10,839 | -€4,208 | -28.0% |
| Income taxes | 67/77 | €6,917 | €5,353 | -€1,564 | -22.6% |
| Profit (loss) for the period | 9904 | €8,129 | €5,486 | -€2,644 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,129 | €5,486 | -€2,644 | -32.5% |
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 21 October 2026 via checked.be.