SONAFAG: 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.
SONAFAG
Largest movements
- Cash -€48,483
down €48,483 (-14.4%), from €335,660 to €287,177
mainly Other debts (-€57,934) and Net result for the year (-€43,466)
- Receivables within one year -€30,552
no longer reported in 2025 (was €30,552)
- Tangible fixed assets -€29,950
down €29,950 (-2.9%), from €1.0m to €1.0m
of which Land and buildings: -€29,044
- Other debts -€57,934
down €57,934 (-77.2%), from €75,050 to €17,116
- Profit (loss) carried forward -€43,466
down €43,466 (-43.9%), from -€99,040 to -€142,506
- Gross operating margin +€57,117
up €57,117 (+86.7%), from -€65,892 to -€8,775
- Purchases and services -€51,443
down €51,443 (-53.3%), from €96,544 to €45,101
- Financial income +€9,293
up €9,293 (+363.7%), from €2,555 to €11,848
- Other operating charges +€8,874
up €8,874 (+214.7%), from €4,133 to €13,007
- Turnover +€5,673
up €5,673 (+18.5%), from €30,652 to €36,325
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 | €1,398,907 | €1,291,941 | -€106,966 | -7.6% |
| Fixed assets | 21/28 | €1,032,695 | €1,002,745 | -€29,950 | -2.9% |
| Tangible fixed assets | 22/27 | €1,032,695 | €1,002,745 | -€29,950 | -2.9% |
| Land and buildings | 22 | €1,025,672 | €996,628 | -€29,044 | -2.8% |
| Plant, machinery and equipment | 23 | €4,645 | €3,467 | -€1,178 | -25.4% |
| Furniture and vehicles | 24 | €2,378 | €2,650 | +€272 | +11.4% |
| Current assets | 29/58 | €366,212 | €289,196 | -€77,016 | -21.0% |
| Amounts receivable within one year | 40/41 | €30,552 | - | -€30,552 | |
| Other amounts receivable | 41 | €30,552 | - | -€30,552 | |
| Cash at bank and in hand | 54/58 | €335,660 | €287,177 | -€48,483 | -14.4% |
| Deferred charges and accrued income | 490/1 | - | €2,019 | +€2,019 | |
| Total equity and liabilities | 10/49 | €1,398,907 | €1,291,941 | -€106,966 | -7.6% |
| Equity | 10/15 | €1,315,560 | €1,272,094 | -€43,466 | -3.3% |
| Contributions | 10/11 | €301,100 | €301,100 | = | 0.0% |
| Reserves | 13 | €1,113,500 | €1,113,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | €210,500 | = | 0.0% |
| Distributable reserves | 133 | €903,000 | €903,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,040 | -€142,506 | -€43,466 | -43.9% |
| Amounts payable | 17/49 | €83,347 | €19,847 | -€63,500 | -76.2% |
| Amounts payable within one year | 42/48 | €81,847 | €18,347 | -€63,500 | -77.6% |
| Trade debts | 44 | €1,262 | €1,231 | -€31 | -2.5% |
| Suppliers | 440/4 | €1,262 | €1,231 | -€31 | -2.5% |
| Taxes, remuneration and social security | 45 | €5,535 | - | -€5,535 | |
| Taxes | 450/3 | €5,535 | - | -€5,535 | |
| Other amounts payable | 47/48 | €75,050 | €17,116 | -€57,934 | -77.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Turnover | 70 | €30,652 | €36,325 | +€5,673 | +18.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,544 | €45,101 | -€51,443 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,550 | €31,609 | +€59 | +0.2% |
| Other operating charges | 640/8 | €4,133 | €13,007 | +€8,874 | +214.7% |
| Gross operating margin | 9900 | -€65,892 | -€8,775 | +€57,117 | +86.7% |
| Operating profit (loss) | 9901 | -€101,575 | -€53,391 | +€48,184 | +47.4% |
| Financial income | 75/76B | €2,555 | €11,848 | +€9,293 | +363.7% |
| Recurring financial income | 75 | €2,555 | €11,848 | +€9,293 | +363.7% |
| Financial charges | 65/66B | €612 | €434 | -€178 | -29.1% |
| Recurring financial charges | 65 | €612 | €434 | -€178 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€99,632 | -€41,977 | +€57,655 | +57.9% |
| Income taxes | 67/77 | €174 | €1,489 | +€1,315 | +755.7% |
| Profit (loss) for the period | 9904 | -€99,806 | -€43,466 | +€56,340 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,806 | -€43,466 | +€56,340 | +56.4% |
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 29 September 2026 via checked.be.