SONALIM: 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.
SONALIM
Largest movements
- Cash +€1.3m
up €1.3m (+871.1%), from €147,242 to €1.4m
mainly Stocks and contracts (+€532,445) and Investment in fixed assets (net) (+€393,475)
- Stocks and contracts -€532,445
down €532,445 (-100.0%), from €532,445 to €0
- Tangible fixed assets -€368,862
down €368,862 (-70.7%), from €521,895 to €153,033
of which Land and buildings: -€193,934
- Deferred charges and accrued income -€151,613
down €151,613 (-99.1%), from €153,030 to €1,417
- Financial fixed assets -€30,830
down €30,830 (-100.0%), from €30,830 to €0
- Reserves +€800,517
up €800,517 (+949.8%), from €84,281 to €884,798
of which Tax-exempt reserves: +€800,517
- Profit (loss) carried forward -€430,156
down €430,156, from €0 to -€430,156
- Trade debts -€268,842
down €268,842 (-37.1%), from €724,646 to €455,803
- Provisions +€266,839
new in 2025: €266,839
- Debts after one year -€133,295
down €133,295 (-39.0%), from €342,052 to €208,757
of which Financial debts: -€83,295
- Staff costs -€514,941
down €514,941 (-74.8%), from €688,458 to €173,517
- Depreciation -€137,031
down €137,031 (-95.6%), from €143,328 to €6,297
- Gross operating margin -€71,886
down €71,886 (-7.0%), from €1.0m to €955,549
- Taxes -€12,785
down €12,785 (-99.3%), from €12,870 to €85
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 | €1,457,572 | €1,638,052 | +€180,480 | +12.4% |
| Formation expenses | 20 | €640 | €560 | -€80 | -12.5% |
| Fixed assets | 21/28 | €552,725 | €153,033 | -€399,692 | -72.3% |
| Tangible fixed assets | 22/27 | €521,895 | €153,033 | -€368,862 | -70.7% |
| Land and buildings | 22 | €193,934 | €0 | -€193,934 | -100.0% |
| Plant, machinery and equipment | 23 | €299,980 | €153,033 | -€146,946 | -49.0% |
| Furniture and vehicles | 24 | €27,981 | €0 | -€27,981 | -100.0% |
| Financial fixed assets | 28 | €30,830 | €0 | -€30,830 | -100.0% |
| Current assets | 29/58 | €904,208 | €1,484,459 | +€580,252 | +64.2% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 291 | - | €5,000 | +€5,000 | |
| Stocks and contracts in progress | 3 | €532,445 | €0 | -€532,445 | -100.0% |
| Stocks | 30/36 | €532,445 | €0 | -€532,445 | -100.0% |
| Amounts receivable within one year | 40/41 | €71,490 | €48,161 | -€23,330 | -32.6% |
| Trade receivables | 40 | €30,303 | €47,961 | +€17,658 | +58.3% |
| Other amounts receivable | 41 | €41,187 | €199 | -€40,988 | -99.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €147,242 | €1,429,881 | +€1.3m | +871.1% |
| Deferred charges and accrued income | 490/1 | €153,030 | €1,417 | -€151,613 | -99.1% |
| Total equity and liabilities | 10/49 | €1,457,572 | €1,638,052 | +€180,480 | +12.4% |
| Equity | 10/15 | €184,281 | €554,641 | +€370,360 | +201.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €84,281 | €884,798 | +€800,517 | +949.8% |
| Non-distributable reserves | 130/1 | €3,429 | €3,429 | = | 0.0% |
| Legal reserve | 130 | €3,429 | €3,429 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | €800,517 | +€800,517 | |
| Distributable reserves | 133 | €80,852 | €80,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€430,156 | -€430,156 | |
| Provisions and deferred taxes | 16 | - | €266,839 | +€266,839 | |
| Deferred taxes | 168 | - | €266,839 | +€266,839 | |
| Amounts payable | 17/49 | €1,273,291 | €816,572 | -€456,719 | -35.9% |
| Amounts payable after more than one year | 17 | €342,052 | €208,757 | -€133,295 | -39.0% |
| Financial debts | 170/4 | €292,052 | €208,757 | -€83,295 | -28.5% |
| Other amounts payable | 178/9 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts payable within one year | 42/48 | €918,601 | €607,815 | -€310,785 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €87,752 | €90,438 | +€2,686 | +3.1% |
| Financial debts | 43 | €30,122 | €0 | -€30,122 | -100.0% |
| Credit institutions | 430/8 | €30,122 | €0 | -€30,122 | -100.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €724,646 | €455,803 | -€268,842 | -37.1% |
| Suppliers | 440/4 | €724,646 | €455,803 | -€268,842 | -37.1% |
| Taxes, remuneration and social security | 45 | €43,207 | €9,700 | -€33,507 | -77.5% |
| Taxes | 450/3 | €3,279 | €9,700 | +€6,422 | +195.9% |
| Remuneration and social security | 454/9 | €39,928 | €0 | -€39,928 | -100.0% |
| Other amounts payable | 47/48 | €32,874 | €51,874 | +€19,000 | +57.8% |
| Accrued charges and deferred income | 492/3 | €12,639 | €0 | -€12,639 | -100.0% |
| Non-recurring operating income | 76A | €8,944 | €1,067,355 | +€1.1m | +11833.2% |
| Remuneration, social security and pensions | 62 | €688,458 | €173,517 | -€514,941 | -74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,328 | €6,297 | -€137,031 | -95.6% |
| Other operating charges | 640/8 | €49,682 | €47,939 | -€1,743 | -3.5% |
| Non-recurring operating charges | 66A | €5,719 | €52,755 | +€47,036 | +822.4% |
| Gross operating margin | 9900 | €1,027,435 | €955,549 | -€71,886 | -7.0% |
| Operating profit (loss) | 9901 | €140,249 | €675,042 | +€534,794 | +381.3% |
| Financial income | 75/76B | €4,525 | €5,102 | +€577 | +12.7% |
| Recurring financial income | 75 | €4,525 | €5,102 | +€577 | +12.7% |
| Financial charges | 65/66B | €51,935 | €42,860 | -€9,075 | -17.5% |
| Recurring financial charges | 65 | €44,192 | €35,604 | -€8,588 | -19.4% |
| Non-recurring financial charges | 66B | €7,743 | €7,256 | -€487 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €92,838 | €637,284 | +€544,446 | +586.4% |
| Transfer to deferred taxes | 680 | - | €266,839 | +€266,839 | |
| Income taxes | 67/77 | €12,870 | €85 | -€12,785 | -99.3% |
| Profit (loss) for the period | 9904 | €79,968 | €370,360 | +€290,392 | +363.1% |
| Transfer from tax-exempt reserves | 789 | €45,000 | €0 | -€45,000 | -100.0% |
| Transfer to tax-exempt reserves | 689 | - | €800,517 | +€800,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €124,968 | -€430,156 | -€555,125 |
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.