SON FIL: 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 FIL
Largest movements
- Tangible fixed assets +€17,688
up €17,688 (+220%), from €8,032 to €25,720
- Cash -€13,142
down €13,142 (-26.6%), from €49,403 to €36,261
mainly Investment in fixed assets (net) (-€24,037) and Net result for the year (-€9,073)
- Trade debts +€9,554
up €9,554 (+81.2%), from €11,761 to €21,315
- Profit (loss) carried forward -€9,073
down €9,073, from €134 to -€8,939
- Debts after one year +€5,513
up €5,513 (+237%), from €2,329 to €7,842
- Tax, wage and social debts -€4,912
down €4,912 (-62.7%), from €7,834 to €2,923
- Current portion of long-term debt +€1,777
up €1,777 (+69.9%), from €2,541 to €4,318
- Gross operating margin -€30,372
down €30,372, from €28,171 to -€2,201
- Taxes -€4,964
no longer reported in 2025 (was €4,964)
- Depreciation +€498
up €498 (+8.5%), from €5,851 to €6,349
- Financial charges -€431
down €431 (-66.8%), from €645 to €214
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 | €83,181 | €86,283 | +€3,102 | +3.7% |
| Fixed assets | 21/28 | €8,722 | €26,410 | +€17,688 | +203% |
| Tangible fixed assets | 22/27 | €8,032 | €25,720 | +€17,688 | +220% |
| Furniture and vehicles | 24 | €8,032 | €25,720 | +€17,688 | +220% |
| Financial fixed assets | 28 | €690 | €690 | = | 0.0% |
| Current assets | 29/58 | €74,459 | €59,873 | -€14,586 | -19.6% |
| Stocks and contracts in progress | 3 | €1,200 | €1,200 | = | 0.0% |
| Stocks | 30/36 | €1,200 | €1,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,420 | €20,592 | -€827 | -3.9% |
| Trade receivables | 40 | €21,271 | €14,009 | -€7,262 | -34.1% |
| Other amounts receivable | 41 | €149 | €6,583 | +€6,434 | +4,325% |
| Cash at bank and in hand | 54/58 | €49,403 | €36,261 | -€13,142 | -26.6% |
| Deferred charges and accrued income | 490/1 | €2,436 | €1,819 | -€617 | -25.3% |
| Total equity and liabilities | 10/49 | €83,181 | €86,283 | +€3,102 | +3.7% |
| Equity | 10/15 | €57,634 | €48,561 | -€9,073 | -15.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €37,500 | €37,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134 | -€8,939 | -€9,073 | |
| Amounts payable | 17/49 | €25,548 | €37,723 | +€12,175 | +47.7% |
| Amounts payable after more than one year | 17 | €2,329 | €7,842 | +€5,513 | +237% |
| Financial debts | 170/4 | €2,329 | €7,842 | +€5,513 | +237% |
| Amounts payable within one year | 42/48 | €23,219 | €29,880 | +€6,661 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €2,541 | €4,318 | +€1,777 | +69.9% |
| Trade debts | 44 | €11,761 | €21,315 | +€9,554 | +81.2% |
| Suppliers | 440/4 | €11,761 | €21,315 | +€9,554 | +81.2% |
| Taxes, remuneration and social security | 45 | €7,834 | €2,923 | -€4,912 | -62.7% |
| Taxes | 450/3 | €7,834 | €2,923 | -€4,912 | -62.7% |
| Other amounts payable | 47/48 | €1,083 | €1,325 | +€242 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,851 | €6,349 | +€498 | +8.5% |
| Other operating charges | 640/8 | €972 | €823 | -€149 | -15.4% |
| Gross operating margin | 9900 | €28,171 | -€2,201 | -€30,372 | |
| Operating profit (loss) | 9901 | €21,347 | -€9,373 | -€30,720 | |
| Financial income | 75/76B | €448 | €514 | +€66 | +14.7% |
| Recurring financial income | 75 | €448 | €514 | +€66 | +14.7% |
| Financial charges | 65/66B | €645 | €214 | -€431 | -66.8% |
| Recurring financial charges | 65 | €645 | €214 | -€431 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €21,150 | -€9,073 | -€30,223 | |
| Income taxes | 67/77 | €4,964 | - | -€4,964 | |
| Profit (loss) for the period | 9904 | €16,186 | -€9,073 | -€25,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,186 | -€9,073 | -€25,259 |
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 14 October 2026 via checked.be.