SONAMI: 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.
SONAMI
Largest movements
- Cash -€43,665
down €43,665 (-48.1%), from €90,829 to €47,164
mainly Net result for the year (-€61,319) and Investment in fixed assets (net) (-€31,944)
- Tangible fixed assets -€36,092
down €36,092 (-26.8%), from €134,717 to €98,625
of which Furniture and vehicles: -€27,860
- Intangible fixed assets -€27,897
down €27,897 (-50.0%), from €55,794 to €27,897
- Deferred charges and accrued income +€21,807
up €21,807 (+65.4%), from €33,328 to €55,135
- Stocks and contracts -€21,363
down €21,363 (-7.6%), from €282,781 to €261,418
- Profit (loss) carried forward -€61,319
down €61,319 (-30.3%), from -€202,640 to -€263,959
- Trade debts +€25,913
up €25,913 (+4.7%), from €552,399 to €578,312
- Accrued charges and deferred income -€24,856
down €24,856 (-79.5%), from €31,249 to €6,393
- Tax, wage and social debts -€12,614
down €12,614 (-19.2%), from €65,800 to €53,186
of which Remuneration and social security: -€12,673
- Current portion of long-term debt -€11,180
down €11,180 (-57.9%), from €19,320 to €8,140
- Gross operating margin +€68,699
up €68,699 (+15.3%), from €450,271 to €518,970
- Staff costs +€7,183
up €7,183 (+1.7%), from €424,584 to €431,767
- Depreciation +€7,063
up €7,063 (+8.7%), from €81,196 to €88,259
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 | €652,457 | €560,261 | -€92,196 | -14.1% |
| Formation expenses | 20 | €2,943 | €10,618 | +€7,675 | +260.8% |
| Fixed assets | 21/28 | €190,936 | €126,947 | -€63,989 | -33.5% |
| Intangible fixed assets | 21 | €55,794 | €27,897 | -€27,897 | -50.0% |
| Tangible fixed assets | 22/27 | €134,717 | €98,625 | -€36,092 | -26.8% |
| Plant, machinery and equipment | 23 | €40,414 | €42,750 | +€2,336 | +5.8% |
| Furniture and vehicles | 24 | €58,409 | €30,549 | -€27,860 | -47.7% |
| Leasing and similar rights | 25 | €35,894 | €25,325 | -€10,569 | -29.4% |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €458,578 | €422,697 | -€35,881 | -7.8% |
| Stocks and contracts in progress | 3 | €282,781 | €261,418 | -€21,363 | -7.6% |
| Stocks | 30/36 | €282,781 | €261,418 | -€21,363 | -7.6% |
| Amounts receivable within one year | 40/41 | €51,640 | €58,980 | +€7,340 | +14.2% |
| Trade receivables | 40 | €39,023 | €32,880 | -€6,143 | -15.7% |
| Other amounts receivable | 41 | €12,617 | €26,100 | +€13,483 | +106.9% |
| Cash at bank and in hand | 54/58 | €90,829 | €47,164 | -€43,665 | -48.1% |
| Deferred charges and accrued income | 490/1 | €33,328 | €55,135 | +€21,807 | +65.4% |
| Total equity and liabilities | 10/49 | €652,457 | €560,261 | -€92,196 | -14.1% |
| Equity | 10/15 | -€42,465 | -€103,784 | -€61,319 | -144.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Outside capital | 11 | €120,000 | €120,000 | = | 0.0% |
| Other | 1109/19 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €40,175 | €40,175 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €681 | €681 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €681 | €681 | -€0 | 0.0% |
| Distributable reserves | 133 | €39,494 | €39,494 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€202,640 | -€263,959 | -€61,319 | -30.3% |
| Amounts payable | 17/49 | €694,922 | €664,045 | -€30,877 | -4.4% |
| Amounts payable after more than one year | 17 | €26,154 | €18,014 | -€8,140 | -31.1% |
| Financial debts | 170/4 | €26,154 | €18,014 | -€8,140 | -31.1% |
| Amounts payable within one year | 42/48 | €637,519 | €639,638 | +€2,119 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €19,320 | €8,140 | -€11,180 | -57.9% |
| Trade debts | 44 | €552,399 | €578,312 | +€25,913 | +4.7% |
| Suppliers | 440/4 | €552,399 | €578,312 | +€25,913 | +4.7% |
| Taxes, remuneration and social security | 45 | €65,800 | €53,186 | -€12,614 | -19.2% |
| Taxes | 450/3 | €458 | €517 | +€59 | +12.8% |
| Remuneration and social security | 454/9 | €65,342 | €52,669 | -€12,673 | -19.4% |
| Accrued charges and deferred income | 492/3 | €31,249 | €6,393 | -€24,856 | -79.5% |
| Remuneration, social security and pensions | 62 | €424,584 | €431,767 | +€7,183 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,196 | €88,259 | +€7,063 | +8.7% |
| Other operating charges | 640/8 | €31,907 | €29,767 | -€2,140 | -6.7% |
| Gross operating margin | 9900 | €450,271 | €518,970 | +€68,699 | +15.3% |
| Operating profit (loss) | 9901 | -€87,416 | -€30,822 | +€56,594 | +64.7% |
| Financial income | 75/76B | €435 | €1,067 | +€632 | +145.3% |
| Recurring financial income | 75 | €435 | €1,067 | +€632 | +145.3% |
| Financial charges | 65/66B | €31,158 | €31,317 | +€159 | +0.5% |
| Recurring financial charges | 65 | €31,158 | €31,317 | +€159 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€118,139 | -€61,072 | +€57,067 | +48.3% |
| Income taxes | 67/77 | €233 | €247 | +€14 | +6.1% |
| Profit (loss) for the period | 9904 | -€118,372 | -€61,319 | +€57,053 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,372 | -€61,319 | +€57,053 | +48.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.