Sonarcode: 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.
Sonarcode
Largest movements
- Receivables after one year -€92,000
no longer reported in 2025 (was €92,000)
- Cash +€28,659
up €28,659 (+386.0%), from €7,425 to €36,084
mainly Receivables after one year (+€92,000) and Net result for the year (+€46,260)
- Receivables within one year -€28,028
down €28,028 (-50.3%), from €55,750 to €27,722
of which Trade receivables: -€42,794
- Tangible fixed assets -€9,603
down €9,603 (-34.5%), from €27,815 to €18,212
of which Furniture and vehicles: -€7,872
- Profit (loss) carried forward -€92,916
down €92,916 (-66.6%), from €139,412 to €46,496
- Trade debts -€6,115
down €6,115 (-85.6%), from €7,145 to €1,031
- Debts after one year -€4,210
down €4,210 (-36.2%), from €11,641 to €7,431
- Accrued charges and deferred income +€3,847
new in 2025: €3,847
- Gross operating margin -€20,345
down €20,345 (-22.7%), from €89,716 to €69,372
- Depreciation +€4,102
up €4,102 (+71.5%), from €5,740 to €9,842
- Taxes -€3,727
down €3,727 (-22.2%), from €16,767 to €13,040
- Financial income +€1,057
up €1,057 (+10571600.0%), from €0 to €1,057
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 | €183,412 | €82,628 | -€100,784 | -54.9% |
| Fixed assets | 21/28 | €27,815 | €18,212 | -€9,603 | -34.5% |
| Tangible fixed assets | 22/27 | €27,815 | €18,212 | -€9,603 | -34.5% |
| Land and buildings | 22 | €4,293 | - | -€4,293 | |
| Plant, machinery and equipment | 23 | €6,593 | €5,339 | -€1,254 | -19.0% |
| Furniture and vehicles | 24 | €16,930 | €9,057 | -€7,872 | -46.5% |
| Other tangible fixed assets | 26 | - | €3,816 | +€3,816 | |
| Current assets | 29/58 | €155,596 | €64,416 | -€91,180 | -58.6% |
| Amounts receivable after more than one year | 29 | €92,000 | - | -€92,000 | |
| Other amounts receivable | 291 | €92,000 | - | -€92,000 | |
| Amounts receivable within one year | 40/41 | €55,750 | €27,722 | -€28,028 | -50.3% |
| Trade receivables | 40 | €42,794 | - | -€42,794 | |
| Other amounts receivable | 41 | €12,956 | €27,722 | +€14,766 | +114.0% |
| Cash at bank and in hand | 54/58 | €7,425 | €36,084 | +€28,659 | +386.0% |
| Deferred charges and accrued income | 490/1 | €422 | €610 | +€188 | +44.6% |
| Total equity and liabilities | 10/49 | €183,412 | €82,628 | -€100,784 | -54.9% |
| Equity | 10/15 | €142,412 | €49,496 | -€92,916 | -65.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,412 | €46,496 | -€92,916 | -66.6% |
| Amounts payable | 17/49 | €41,000 | €33,132 | -€7,868 | -19.2% |
| Amounts payable after more than one year | 17 | €11,641 | €7,431 | -€4,210 | -36.2% |
| Financial debts | 170/4 | €11,641 | €7,431 | -€4,210 | -36.2% |
| Amounts payable within one year | 42/48 | €29,359 | €21,854 | -€7,505 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €4,047 | €4,210 | +€163 | +4.0% |
| Trade debts | 44 | €7,145 | €1,031 | -€6,115 | -85.6% |
| Suppliers | 440/4 | €7,145 | €1,031 | -€6,115 | -85.6% |
| Taxes, remuneration and social security | 45 | €18,167 | €16,614 | -€1,553 | -8.6% |
| Taxes | 450/3 | €18,167 | €16,614 | -€1,553 | -8.6% |
| Accrued charges and deferred income | 492/3 | - | €3,847 | +€3,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,740 | €9,842 | +€4,102 | +71.5% |
| Other operating charges | 640/8 | €50 | €462 | +€412 | +824.5% |
| Gross operating margin | 9900 | €89,716 | €69,372 | -€20,345 | -22.7% |
| Operating profit (loss) | 9901 | €83,926 | €59,067 | -€24,859 | -29.6% |
| Financial income | 75/76B | €0 | €1,057 | +€1,057 | +10571600.0% |
| Recurring financial income | 75 | €0 | €1,057 | +€1,057 | +10571600.0% |
| Financial charges | 65/66B | €621 | €824 | +€204 | +32.8% |
| Recurring financial charges | 65 | €621 | €824 | +€204 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €83,306 | €59,300 | -€24,006 | -28.8% |
| Income taxes | 67/77 | €16,767 | €13,040 | -€3,727 | -22.2% |
| Profit (loss) for the period | 9904 | €66,539 | €46,260 | -€20,279 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,539 | €46,260 | -€20,279 | -30.5% |
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.