Son et Image: 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.
Son et Image
Largest movements
- Receivables within one year -€18,827
down €18,827 (-95.7%), from €19,664 to €837
of which Trade receivables: -€19,664
- Cash +€12,585
up €12,585 (+393.4%), from €3,199 to €15,784
mainly Receivables within one year (+€18,827) and Depreciation (+€7,007)
- Tangible fixed assets -€7,007
down €7,007 (-5.5%), from €128,333 to €121,325
of which Land and buildings: -€7,007
- Profit (loss) carried forward -€8,953
down €8,953 (-3.5%), from -€255,078 to -€264,031
- Other debts -€7,721
down €7,721 (-20.1%), from €38,480 to €30,758
- Trade debts +€2,622
up €2,622 (+206.4%), from €1,271 to €3,893
- Write-downs -€57,688
down €57,688 (-93.5%), from €61,688 to €4,000
- Gross operating margin -€39,009
down €39,009 (-64.2%), from €60,784 to €21,775
- Financial charges +€6,018
up €6,018 (+433.8%), from €1,387 to €7,406
- Financial income +€1,836
up €1,836, from €0 to €1,836
- Other operating charges -€1,147
down €1,147 (-7.5%), from €15,298 to €14,150
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 | €153,062 | €138,901 | -€14,161 | -9.3% |
| Fixed assets | 21/28 | €128,333 | €121,325 | -€7,007 | -5.5% |
| Tangible fixed assets | 22/27 | €128,333 | €121,325 | -€7,007 | -5.5% |
| Land and buildings | 22 | €128,333 | €121,325 | -€7,007 | -5.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €24,729 | €17,576 | -€7,153 | -28.9% |
| Amounts receivable within one year | 40/41 | €19,664 | €837 | -€18,827 | -95.7% |
| Trade receivables | 40 | €19,664 | €0 | -€19,664 | -100.0% |
| Other amounts receivable | 41 | - | €837 | +€837 | |
| Cash at bank and in hand | 54/58 | €3,199 | €15,784 | +€12,585 | +393.4% |
| Deferred charges and accrued income | 490/1 | €1,866 | €955 | -€911 | -48.8% |
| Total equity and liabilities | 10/49 | €153,062 | €138,901 | -€14,161 | -9.3% |
| Equity | 10/15 | €22,211 | €13,258 | -€8,953 | -40.3% |
| Contributions | 10/11 | €214,000 | €214,000 | = | 0.0% |
| Capital | 10 | €214,000 | €214,000 | = | 0.0% |
| Issued capital | 100 | €214,000 | €214,000 | = | 0.0% |
| Reserves | 13 | €63,290 | €63,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,400 | €21,400 | = | 0.0% |
| Legal reserve | 130 | €21,400 | €21,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,204 | €25,204 | = | 0.0% |
| Distributable reserves | 133 | €16,686 | €16,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,078 | -€264,031 | -€8,953 | -3.5% |
| Amounts payable | 17/49 | €130,850 | €125,642 | -€5,208 | -4.0% |
| Amounts payable after more than one year | 17 | €84,697 | €84,575 | -€122 | -0.1% |
| Financial debts | 170/4 | €19,212 | €12,795 | -€6,417 | -33.4% |
| Other amounts payable | 178/9 | €65,485 | €71,779 | +€6,295 | +9.6% |
| Amounts payable within one year | 42/48 | €46,153 | €41,068 | -€5,086 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €6,245 | €6,417 | +€172 | +2.7% |
| Trade debts | 44 | €1,271 | €3,893 | +€2,622 | +206.4% |
| Suppliers | 440/4 | €1,271 | €3,893 | +€2,622 | +206.4% |
| Taxes, remuneration and social security | 45 | €158 | €0 | -€158 | -100.0% |
| Taxes | 450/3 | €158 | €0 | -€158 | -100.0% |
| Other amounts payable | 47/48 | €38,480 | €30,758 | -€7,721 | -20.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,601 | €7,007 | +€406 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €61,688 | €4,000 | -€57,688 | -93.5% |
| Other operating charges | 640/8 | €15,298 | €14,150 | -€1,147 | -7.5% |
| Non-recurring operating charges | 66A | €58,233 | €0 | -€58,233 | -100.0% |
| Gross operating margin | 9900 | €60,784 | €21,775 | -€39,009 | -64.2% |
| Operating profit (loss) | 9901 | -€81,037 | -€3,383 | +€77,654 | +95.8% |
| Financial income | 75/76B | €0 | €1,836 | +€1,836 | |
| Recurring financial income | 75 | €0 | €1,836 | +€1,836 | |
| Financial charges | 65/66B | €1,387 | €7,406 | +€6,018 | +433.8% |
| Recurring financial charges | 65 | €1,387 | €7,406 | +€6,018 | +433.8% |
| Profit (loss) for the period before taxes | 9903 | -€82,424 | -€8,953 | +€73,471 | +89.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€82,424 | -€8,953 | +€73,471 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,424 | -€8,953 | +€73,471 | +89.1% |
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 11 October 2026 via checked.be.