Renaud Sonet: 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.
Renaud Sonet
Largest movements
- Tangible fixed assets -€23,752
down €23,752 (-13.1%), from €181,285 to €157,533
of which Furniture and vehicles: -€20,079
- Cash -€2,984
down €2,984 (-3.3%), from €90,595 to €87,611
mainly Debts after one year (-€30,346) and Trade debts (-€16,055)
- Debts after one year -€30,346
down €30,346 (-50.7%), from €59,815 to €29,469
- Trade debts -€16,055
down €16,055 (-90.1%), from €17,813 to €1,758
- Reserves +€14,673
up €14,673 (+12.0%), from €122,321 to €136,994
of which Distributable reserves: +€14,673
- Other debts +€2,948
up €2,948 (+13.4%), from €21,957 to €24,905
- Gross operating margin +€10,187
up €10,187 (+15.4%), from €66,253 to €76,440
- Taxes +€2,539
up €2,539 (+33.5%), from €7,588 to €10,127
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 | €274,105 | €247,825 | -€26,281 | -9.6% |
| Fixed assets | 21/28 | €181,285 | €157,533 | -€23,752 | -13.1% |
| Tangible fixed assets | 22/27 | €181,285 | €157,533 | -€23,752 | -13.1% |
| Land and buildings | 22 | €113,102 | €109,429 | -€3,673 | -3.2% |
| Furniture and vehicles | 24 | €68,183 | €48,104 | -€20,079 | -29.4% |
| Current assets | 29/58 | €92,821 | €90,292 | -€2,529 | -2.7% |
| Amounts receivable within one year | 40/41 | €76 | €463 | +€387 | +510% |
| Other amounts receivable | 41 | €76 | €463 | +€387 | +510% |
| Cash at bank and in hand | 54/58 | €90,595 | €87,611 | -€2,984 | -3.3% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,218 | +€68 | +3.2% |
| Total equity and liabilities | 10/49 | €274,105 | €247,825 | -€26,281 | -9.6% |
| Equity | 10/15 | €140,871 | €155,544 | +€14,673 | +10.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €122,321 | €136,994 | +€14,673 | +12.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €120,466 | €135,139 | +€14,673 | +12.2% |
| Amounts payable | 17/49 | €133,234 | €92,281 | -€40,954 | -30.7% |
| Amounts payable after more than one year | 17 | €59,815 | €29,469 | -€30,346 | -50.7% |
| Financial debts | 170/4 | €59,815 | €29,469 | -€30,346 | -50.7% |
| Amounts payable within one year | 42/48 | €72,208 | €61,617 | -€10,591 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €29,353 | €30,336 | +€983 | +3.4% |
| Trade debts | 44 | €17,813 | €1,758 | -€16,055 | -90.1% |
| Suppliers | 440/4 | €17,813 | €1,758 | -€16,055 | -90.1% |
| Taxes, remuneration and social security | 45 | €3,085 | €4,618 | +€1,533 | +49.7% |
| Taxes | 450/3 | €3,085 | €4,618 | +€1,533 | +49.7% |
| Other amounts payable | 47/48 | €21,957 | €24,905 | +€2,948 | +13.4% |
| Accrued charges and deferred income | 492/3 | €1,212 | €1,195 | -€17 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,214 | €27,453 | +€239 | +0.9% |
| Other operating charges | 640/8 | €5,920 | €5,535 | -€385 | -6.5% |
| Gross operating margin | 9900 | €66,253 | €76,440 | +€10,187 | +15.4% |
| Operating profit (loss) | 9901 | €33,118 | €43,452 | +€10,334 | +31.2% |
| Financial income | 75/76B | €3 | €6 | +€3 | +91.7% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +91.7% |
| Financial charges | 65/66B | €3,547 | €3,658 | +€110 | +3.1% |
| Recurring financial charges | 65 | €3,547 | €3,658 | +€110 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €29,574 | €39,800 | +€10,226 | +34.6% |
| Income taxes | 67/77 | €7,588 | €10,127 | +€2,539 | +33.5% |
| Profit (loss) for the period | 9904 | €21,986 | €29,673 | +€7,687 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,986 | €29,673 | +€7,687 | +35.0% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.