SONABA - NAMABA: what changed
Two fiscal 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.
SONABA - NAMABA
Largest movements
- Tangible fixed assets +€18,367
up €18,367 (+8.4%), from €219,651 to €238,019
of which Land and buildings: +€36,717
- Cash -€14,826
down €14,826 (-16.1%), from €92,225 to €77,398
mainly Investment in fixed assets (net) (-€38,717) and Trade debts (-€8,144)
- Profit (loss) carried forward +€18,758
up €18,758 (+2.5%), from €737,031 to €755,789
- Gross operating margin -€17,725
down €17,725 (-29.2%), from €60,769 to €43,045
- Depreciation +€7,807
up €7,807 (+62.2%), from €12,543 to €20,350
- Financial charges -€6,126
down €6,126, from €3,404 to -€2,723
- Taxes -€4,928
down €4,928 (-45.7%), from €10,792 to €5,864
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 | €817,089 | €830,150 | +€13,060 | +1.6% |
| Fixed assets | 21/28 | €219,651 | €238,019 | +€18,367 | +8.4% |
| Tangible fixed assets | 22/27 | €219,651 | €238,019 | +€18,367 | +8.4% |
| Land and buildings | 22 | €96,678 | €133,396 | +€36,717 | +38.0% |
| Plant, machinery and equipment | 23 | €120,653 | €104,187 | -€16,467 | -13.6% |
| Furniture and vehicles | 24 | €2,320 | €436 | -€1,884 | -81.2% |
| Current assets | 29/58 | €597,438 | €592,131 | -€5,307 | -0.9% |
| Amounts receivable within one year | 40/41 | €13,242 | €11,407 | -€1,835 | -13.9% |
| Trade receivables | 40 | €5,435 | €4,597 | -€838 | -15.4% |
| Other amounts receivable | 41 | €7,807 | €6,810 | -€997 | -12.8% |
| Current investments | 50/53 | €488,001 | €491,552 | +€3,551 | +0.7% |
| Cash at bank and in hand | 54/58 | €92,225 | €77,398 | -€14,826 | -16.1% |
| Deferred charges and accrued income | 490/1 | €3,971 | €11,774 | +€7,804 | +196.5% |
| Total equity and liabilities | 10/49 | €817,089 | €830,150 | +€13,060 | +1.6% |
| Equity | 10/15 | €805,231 | €823,989 | +€18,758 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €737,031 | €755,789 | +€18,758 | +2.5% |
| Amounts payable | 17/49 | €11,858 | €6,160 | -€5,698 | -48.0% |
| Amounts payable within one year | 42/48 | €10,982 | €2,838 | -€8,144 | -74.2% |
| Trade debts | 44 | €10,982 | €2,838 | -€8,144 | -74.2% |
| Suppliers | 440/4 | €10,982 | €2,838 | -€8,144 | -74.2% |
| Accrued charges and deferred income | 492/3 | €876 | €3,322 | +€2,447 | +279.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,543 | €20,350 | +€7,807 | +62.2% |
| Other operating charges | 640/8 | €9,210 | €9,710 | +€500 | +5.4% |
| Gross operating margin | 9900 | €60,769 | €43,045 | -€17,725 | -29.2% |
| Operating profit (loss) | 9901 | €39,017 | €12,985 | -€26,031 | -66.7% |
| Financial income | 75/76B | €8,637 | €8,914 | +€277 | +3.2% |
| Recurring financial income | 75 | €8,637 | €8,914 | +€277 | +3.2% |
| Financial charges | 65/66B | €3,404 | -€2,723 | -€6,126 | |
| Recurring financial charges | 65 | €3,404 | -€2,723 | -€6,126 | |
| Profit (loss) for the period before taxes | 9903 | €44,250 | €24,622 | -€19,628 | -44.4% |
| Income taxes | 67/77 | €10,792 | €5,864 | -€4,928 | -45.7% |
| Profit (loss) for the period | 9904 | €33,458 | €18,758 | -€14,701 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,458 | €18,758 | -€14,701 | -43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.