SONA: 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.
SONA
Largest movements
- Receivables after one year -€16,509
down €16,509 (-20.5%), from €80,604 to €64,094
- Receivables within one year +€12,199
up €12,199 (+254%), from €4,806 to €17,004
of which Other amounts receivable: +€6,508
- Cash -€10,938
down €10,938 (-9.9%), from €110,936 to €99,998
mainly Contributions, distributions and other (-€81,261) and Receivables within one year (-€12,199)
- Tangible fixed assets -€3,307
down €3,307 (-19.4%), from €17,025 to €13,718
- Reserves -€73,706
down €73,706 (-62.1%), from €118,665 to €44,958
- Other debts +€50,153
up €50,153 (+160%), from €31,428 to €81,581
- Current portion of long-term debt +€3,715
new in 2026: €3,715
- Staff costs +€16,392
up €16,392 (+10.4%), from €158,292 to €174,685
- Gross operating margin +€8,963
up €8,963 (+4.8%), from €185,348 to €194,311
- Taxes -€3,225
down €3,225 (-41.5%), from €7,766 to €4,541
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,370 | €194,815 | -€18,555 | -8.7% |
| Fixed assets | 21/28 | €17,025 | €13,718 | -€3,307 | -19.4% |
| Tangible fixed assets | 22/27 | €17,025 | €13,718 | -€3,307 | -19.4% |
| Plant, machinery and equipment | 23 | €9,143 | €7,874 | -€1,269 | -13.9% |
| Furniture and vehicles | 24 | €2,179 | €1,735 | -€445 | -20.4% |
| Other tangible fixed assets | 26 | €5,702 | €4,109 | -€1,593 | -27.9% |
| Current assets | 29/58 | €196,346 | €181,097 | -€15,248 | -7.8% |
| Amounts receivable after more than one year | 29 | €80,604 | €64,094 | -€16,509 | -20.5% |
| Other amounts receivable | 291 | €80,604 | €64,094 | -€16,509 | -20.5% |
| Amounts receivable within one year | 40/41 | €4,806 | €17,004 | +€12,199 | +254% |
| Trade receivables | 40 | €4,806 | €10,497 | +€5,691 | +118% |
| Other amounts receivable | 41 | - | €6,508 | +€6,508 | |
| Cash at bank and in hand | 54/58 | €110,936 | €99,998 | -€10,938 | -9.9% |
| Total equity and liabilities | 10/49 | €213,370 | €194,815 | -€18,555 | -8.7% |
| Equity | 10/15 | €137,265 | €63,558 | -€73,706 | -53.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,665 | €44,958 | -€73,706 | -62.1% |
| Distributable reserves | 133 | €118,665 | €44,958 | -€73,706 | -62.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,106 | €131,257 | +€55,151 | +72.5% |
| Amounts payable within one year | 42/48 | €75,614 | €131,209 | +€55,596 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,715 | +€3,715 | |
| Trade debts | 44 | €7,750 | €9,601 | +€1,851 | +23.9% |
| Suppliers | 440/4 | €7,750 | €9,601 | +€1,851 | +23.9% |
| Advances received on contracts in progress | 46 | €191 | €917 | +€726 | +379% |
| Taxes, remuneration and social security | 45 | €36,244 | €35,396 | -€849 | -2.3% |
| Taxes | 450/3 | €9,561 | €4,835 | -€4,726 | -49.4% |
| Remuneration and social security | 454/9 | €26,683 | €30,561 | +€3,878 | +14.5% |
| Other amounts payable | 47/48 | €31,428 | €81,581 | +€50,153 | +160% |
| Accrued charges and deferred income | 492/3 | €492 | €48 | -€444 | -90.3% |
| Remuneration, social security and pensions | 62 | €158,292 | €174,685 | +€16,392 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,894 | €5,416 | -€1,478 | -21.4% |
| Other operating charges | 640/8 | €3,695 | €3,318 | -€377 | -10.2% |
| Non-recurring operating charges | 66A | €342 | €257 | -€85 | -24.9% |
| Gross operating margin | 9900 | €185,348 | €194,311 | +€8,963 | +4.8% |
| Operating profit (loss) | 9901 | €16,124 | €10,635 | -€5,489 | -34.0% |
| Financial income | 75/76B | €3,043 | €1,870 | -€1,172 | -38.5% |
| Recurring financial income | 75 | €3,043 | €1,870 | -€1,172 | -38.5% |
| Financial charges | 65/66B | €1,147 | €410 | -€737 | -64.2% |
| Recurring financial charges | 65 | €1,147 | €410 | -€737 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €18,020 | €12,095 | -€5,924 | -32.9% |
| Income taxes | 67/77 | €7,766 | €4,541 | -€3,225 | -41.5% |
| Profit (loss) for the period | 9904 | €10,254 | €7,554 | -€2,700 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,254 | €7,554 | -€2,700 | -26.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.