SONDER: 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.
SONDER
Largest movements
- Cash +€7,238
up €7,238 (+520.0%), from €1,392 to €8,630
mainly Net result for the year (+€9,850) and Trade debts (+€3,956)
- Receivables within one year +€2,491
up €2,491 (+34.2%), from €7,294 to €9,785
of which Trade receivables: +€4,196
- Tangible fixed assets -€1,362
down €1,362 (-39.4%), from €3,461 to €2,099
- Receivables after one year +€1,173
new in 2025: €1,173
- Reserves +€9,850
up €9,850 (+1021.3%), from €964 to €10,814
- Trade debts +€3,956
up €3,956 (+341.6%), from €1,158 to €5,114
- Short-term financial debts -€3,137
down €3,137 (-68.2%), from €4,603 to €1,466
- Current portion of long-term debt -€1,228
down €1,228 (-65.4%), from €1,877 to €649
- Tax, wage and social debts +€814
up €814 (+38.0%), from €2,143 to €2,957
- Gross operating margin +€12,240
up €12,240 (+280.7%), from €4,361 to €16,601
- Taxes +€2,758
up €2,758 (+179.1%), from €1,540 to €4,298
- Financial charges -€480
down €480 (-49.4%), from €972 to €492
- Depreciation +€211
up €211 (+17.9%), from €1,176 to €1,387
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 | €12,965 | €22,500 | +€9,535 | +73.5% |
| Fixed assets | 21/28 | €3,606 | €2,219 | -€1,387 | -38.5% |
| Intangible fixed assets | 21 | €145 | €120 | -€25 | -17.2% |
| Tangible fixed assets | 22/27 | €3,461 | €2,099 | -€1,362 | -39.4% |
| Furniture and vehicles | 24 | €3,461 | €2,099 | -€1,362 | -39.4% |
| Current assets | 29/58 | €9,359 | €20,281 | +€10,922 | +116.7% |
| Amounts receivable after more than one year | 29 | - | €1,173 | +€1,173 | |
| Other amounts receivable | 291 | - | €1,173 | +€1,173 | |
| Amounts receivable within one year | 40/41 | €7,294 | €9,785 | +€2,491 | +34.2% |
| Trade receivables | 40 | €5,026 | €9,222 | +€4,196 | +83.5% |
| Other amounts receivable | 41 | €2,268 | €563 | -€1,705 | -75.2% |
| Cash at bank and in hand | 54/58 | €1,392 | €8,630 | +€7,238 | +520.0% |
| Deferred charges and accrued income | 490/1 | €673 | €693 | +€20 | +2.9% |
| Total equity and liabilities | 10/49 | €12,965 | €22,500 | +€9,535 | +73.5% |
| Equity | 10/15 | €2,464 | €12,314 | +€9,850 | +399.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €964 | €10,814 | +€9,850 | +1021.3% |
| Distributable reserves | 133 | €964 | €10,814 | +€9,850 | +1021.3% |
| Amounts payable | 17/49 | €10,500 | €10,186 | -€314 | -3.0% |
| Amounts payable after more than one year | 17 | €719 | - | -€719 | |
| Financial debts | 170/4 | €649 | - | -€649 | |
| Other amounts payable | 178/9 | €70 | - | -€70 | |
| Amounts payable within one year | 42/48 | €9,781 | €10,186 | +€405 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €1,877 | €649 | -€1,228 | -65.4% |
| Financial debts | 43 | €4,603 | €1,466 | -€3,137 | -68.2% |
| Credit institutions | 430/8 | €4,603 | €1,466 | -€3,137 | -68.2% |
| Trade debts | 44 | €1,158 | €5,114 | +€3,956 | +341.6% |
| Suppliers | 440/4 | €1,158 | €5,114 | +€3,956 | +341.6% |
| Taxes, remuneration and social security | 45 | €2,143 | €2,957 | +€814 | +38.0% |
| Taxes | 450/3 | €2,143 | €2,957 | +€814 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,176 | €1,387 | +€211 | +17.9% |
| Other operating charges | 640/8 | €582 | €722 | +€140 | +24.1% |
| Gross operating margin | 9900 | €4,361 | €16,601 | +€12,240 | +280.7% |
| Operating profit (loss) | 9901 | €2,602 | €14,491 | +€11,889 | +456.8% |
| Financial income | 75/76B | €0 | €148 | +€148 | +296520.0% |
| Recurring financial income | 75 | €0 | €148 | +€148 | +296520.0% |
| Financial charges | 65/66B | €972 | €492 | -€480 | -49.4% |
| Recurring financial charges | 65 | €972 | €492 | -€480 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €1,630 | €14,147 | +€12,517 | +767.8% |
| Income taxes | 67/77 | €1,540 | €4,298 | +€2,758 | +179.1% |
| Profit (loss) for the period | 9904 | €90 | €9,850 | +€9,759 | +10786.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90 | €9,850 | +€9,759 | +10786.0% |
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.