SONAFINA: 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.
SONAFINA
Largest movements
- Cash +€2.5m
up €2.5m (+260.6%), from €944,449 to €3.4m
mainly Net result for the year (+€2.7m) and Current investments (+€305,229)
- Profit (loss) carried forward +€2.2m
up €2.2m (+18.7%), from €11.6m to €13.8m
- Financial income -€377,678
down €377,678 (-11.9%), from €3.2m to €2.8m
- Financial charges -€57,036
down €57,036 (-94.3%), from €60,456 to €3,420
- Taxes -€37,020
down €37,020 (-54.6%), from €67,773 to €30,753
- Other operating charges -€10,761
down €10,761 (-15.1%), from €71,165 to €60,404
- Gross operating margin +€5,344
up €5,344 (+27.7%), from -€19,262 to -€13,918
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 | €51,272,637 | €53,432,730 | +€2.2m | +4.2% |
| Fixed assets | 21/28 | €44,207,548 | €44,207,548 | = | 0.0% |
| Financial fixed assets | 28 | €44,207,548 | €44,207,548 | = | 0.0% |
| Current assets | 29/58 | €7,065,089 | €9,225,182 | +€2.2m | +30.6% |
| Amounts receivable within one year | 40/41 | €6,965 | €14,000 | +€7,035 | +101.0% |
| Other amounts receivable | 41 | €6,965 | €14,000 | +€7,035 | +101.0% |
| Current investments | 50/53 | €6,106,592 | €5,801,363 | -€305,229 | -5.0% |
| Cash at bank and in hand | 54/58 | €944,449 | €3,405,824 | +€2.5m | +260.6% |
| Deferred charges and accrued income | 490/1 | €7,083 | €3,995 | -€3,088 | -43.6% |
| Total equity and liabilities | 10/49 | €51,272,637 | €53,432,730 | +€2.2m | +4.2% |
| Equity | 10/15 | €50,756,120 | €52,931,738 | +€2.2m | +4.3% |
| Contributions | 10/11 | €38,781,900 | €38,781,900 | = | 0.0% |
| Reserves | 13 | €340,500 | €340,500 | = | 0.0% |
| Distributable reserves | 133 | €340,500 | €340,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,633,720 | €13,809,338 | +€2.2m | +18.7% |
| Amounts payable | 17/49 | €516,517 | €500,992 | -€15,525 | -3.0% |
| Amounts payable within one year | 42/48 | €516,517 | €500,992 | -€15,525 | -3.0% |
| Trade debts | 44 | €1,225 | €992 | -€233 | -19.0% |
| Suppliers | 440/4 | €1,225 | €992 | -€233 | -19.0% |
| Taxes, remuneration and social security | 45 | €15,292 | - | -€15,292 | |
| Taxes | 450/3 | €15,292 | - | -€15,292 | |
| Other amounts payable | 47/48 | €500,000 | €500,000 | = | 0.0% |
| Other operating charges | 640/8 | €71,165 | €60,404 | -€10,761 | -15.1% |
| Gross operating margin | 9900 | -€19,262 | -€13,918 | +€5,344 | +27.7% |
| Operating profit (loss) | 9901 | -€90,427 | -€74,322 | +€16,105 | +17.8% |
| Financial income | 75/76B | €3,161,791 | €2,784,113 | -€377,678 | -11.9% |
| Recurring financial income | 75 | €3,161,791 | €2,784,113 | -€377,678 | -11.9% |
| Financial charges | 65/66B | €60,456 | €3,420 | -€57,036 | -94.3% |
| Recurring financial charges | 65 | €60,456 | €3,420 | -€57,036 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €3,010,908 | €2,706,371 | -€304,537 | -10.1% |
| Income taxes | 67/77 | €67,773 | €30,753 | -€37,020 | -54.6% |
| Profit (loss) for the period | 9904 | €2,943,135 | €2,675,618 | -€267,517 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,943,135 | €2,675,618 | -€267,517 | -9.1% |
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 7 October 2026 via checked.be.