SONATALE: 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.
SONATALE
Largest movements
- Tangible fixed assets -€29,547
down €29,547 (-11.1%), from €267,291 to €237,744
of which Land and buildings: -€20,389
- Deferred charges and accrued income -€3,454
down €3,454 (-19.5%), from €17,723 to €14,270
- Debts after one year -€20,332
down €20,332 (-9.5%), from €214,527 to €194,195
- Current portion of long-term debt -€5,872
down €5,872 (-21.4%), from €27,420 to €21,548
- Gross operating margin +€4,322
up €4,322 (+14.0%), from €30,923 to €35,244
- Financial charges -€759
down €759 (-10.4%), from €7,265 to €6,506
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 | €325,762 | €294,232 | -€31,530 | -9.7% |
| Fixed assets | 21/28 | €267,291 | €237,744 | -€29,547 | -11.1% |
| Tangible fixed assets | 22/27 | €267,291 | €237,744 | -€29,547 | -11.1% |
| Land and buildings | 22 | €255,137 | €234,748 | -€20,389 | -8.0% |
| Plant, machinery and equipment | 23 | €1,216 | €680 | -€536 | -44.1% |
| Furniture and vehicles | 24 | €10,938 | €2,316 | -€8,623 | -78.8% |
| Current assets | 29/58 | €58,471 | €56,488 | -€1,983 | -3.4% |
| Amounts receivable within one year | 40/41 | €34,402 | €37,391 | +€2,989 | +8.7% |
| Trade receivables | 40 | €11,160 | €16,396 | +€5,236 | +46.9% |
| Other amounts receivable | 41 | €23,242 | €20,995 | -€2,247 | -9.7% |
| Cash at bank and in hand | 54/58 | €6,346 | €4,828 | -€1,519 | -23.9% |
| Deferred charges and accrued income | 490/1 | €17,723 | €14,270 | -€3,454 | -19.5% |
| Total equity and liabilities | 10/49 | €325,762 | €294,232 | -€31,530 | -9.7% |
| Equity | 10/15 | €77,564 | €75,430 | -€2,134 | -2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,560 | €61,560 | -€3,000 | -4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,700 | €59,700 | -€3,000 | -4.8% |
| Profit (loss) carried forward | 14 | €604 | €1,470 | +€866 | +143.3% |
| Amounts payable | 17/49 | €248,198 | €218,802 | -€29,396 | -11.8% |
| Amounts payable after more than one year | 17 | €214,527 | €194,195 | -€20,332 | -9.5% |
| Financial debts | 170/4 | €214,527 | €194,195 | -€20,332 | -9.5% |
| Amounts payable within one year | 42/48 | €33,670 | €24,607 | -€9,064 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €27,420 | €21,548 | -€5,872 | -21.4% |
| Trade debts | 44 | €1,250 | €1,058 | -€192 | -15.4% |
| Suppliers | 440/4 | €1,250 | €1,058 | -€192 | -15.4% |
| Taxes, remuneration and social security | 45 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Taxes | 450/3 | €2,000 | €2,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,891 | €29,547 | -€344 | -1.1% |
| Other operating charges | 640/8 | €2,069 | €2,135 | +€66 | +3.2% |
| Gross operating margin | 9900 | €30,923 | €35,244 | +€4,322 | +14.0% |
| Operating profit (loss) | 9901 | -€1,037 | €3,563 | +€4,600 | |
| Financial income | 75/76B | €1,142 | €951 | -€192 | -16.8% |
| Recurring financial income | 75 | €1,142 | €951 | -€192 | -16.8% |
| Financial charges | 65/66B | €7,265 | €6,506 | -€759 | -10.4% |
| Recurring financial charges | 65 | €7,265 | €6,506 | -€759 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,160 | -€1,993 | +€5,167 | +72.2% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€7,288 | -€2,134 | +€5,154 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,288 | -€2,134 | +€5,154 | +70.7% |
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 2 October 2026 via checked.be.