SONAR: what changed
Two financial 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.
SONAR
Largest movements
- Cash +€44,211
up €44,211 (+160%), from €27,589 to €71,801
mainly Net result for the year (+€31,321) and Other debts (+€10,147)
- Tangible fixed assets +€1,743
up €1,743 (+541%), from €322 to €2,065
- Reserves +€30,488
up €30,488 (+141%), from €21,564 to €52,052
of which Distributable reserves: +€30,488
- Other debts +€10,147
up €10,147 (+136%), from €7,442 to €17,589
- Tax, wage and social debts +€6,345
up €6,345 (+74.5%), from €8,520 to €14,865
of which Taxes: +€8,795
- Current portion of long-term debt -€2,465
down €2,465 (-100%), from €2,465 to €0
- Trade debts +€1,074
up €1,074 (+214%), from €502 to €1,576
- Gross operating margin +€14,656
up €14,656 (+44.6%), from €32,850 to €47,506
- Depreciation -€7,649
down €7,649 (-94.5%), from €8,096 to €447
- Taxes +€6,171
up €6,171 (+82.5%), from €7,480 to €13,652
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.
Derived cash bridge
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 | €42,493 | €88,082 | +€45,589 | +107% |
| Fixed assets | 21/28 | €322 | €2,065 | +€1,743 | +541% |
| Tangible fixed assets | 22/27 | €322 | €2,065 | +€1,743 | +541% |
| Furniture and vehicles | 24 | €322 | €2,065 | +€1,743 | +541% |
| Current assets | 29/58 | €42,171 | €86,017 | +€43,846 | +104% |
| Amounts receivable within one year | 40/41 | €14,581 | €14,216 | -€365 | -2.5% |
| Trade receivables | 40 | €12,061 | €14,215 | +€2,154 | +17.9% |
| Other amounts receivable | 41 | €2,520 | €1 | -€2,519 | -100.0% |
| Cash at bank and in hand | 54/58 | €27,589 | €71,801 | +€44,211 | +160% |
| Total equity and liabilities | 10/49 | €42,493 | €88,082 | +€45,589 | +107% |
| Equity | 10/15 | €23,564 | €54,052 | +€30,488 | +129% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,564 | €52,052 | +€30,488 | +141% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €21,364 | €51,852 | +€30,488 | +143% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €18,929 | €34,029 | +€15,100 | +79.8% |
| Amounts payable within one year | 42/48 | €18,929 | €34,029 | +€15,100 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €2,465 | €0 | -€2,465 | -100% |
| Trade debts | 44 | €502 | €1,576 | +€1,074 | +214% |
| Suppliers | 440/4 | €502 | €1,576 | +€1,074 | +214% |
| Taxes, remuneration and social security | 45 | €8,520 | €14,865 | +€6,345 | +74.5% |
| Taxes | 450/3 | €6,070 | €14,865 | +€8,795 | +145% |
| Remuneration and social security | 454/9 | €2,450 | €0 | -€2,450 | -100% |
| Other amounts payable | 47/48 | €7,442 | €17,589 | +€10,147 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,096 | €447 | -€7,649 | -94.5% |
| Other operating charges | 640/8 | €1,832 | €1,993 | +€161 | +8.8% |
| Gross operating margin | 9900 | €32,850 | €47,506 | +€14,656 | +44.6% |
| Operating profit (loss) | 9901 | €22,922 | €45,066 | +€22,144 | +96.6% |
| Financial income | 75/76B | €22 | €0 | -€22 | -100.0% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -100.0% |
| Financial charges | 65/66B | €171 | €93 | -€78 | -45.6% |
| Recurring financial charges | 65 | €171 | €93 | -€78 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €22,773 | €44,973 | +€22,200 | +97.5% |
| Income taxes | 67/77 | €7,480 | €13,652 | +€6,171 | +82.5% |
| Profit (loss) for the period | 9904 | €15,293 | €31,321 | +€16,028 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €15,293 | €31,321 | +€16,028 | +105% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.