SONEA: 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.
SONEA
Largest movements
- Receivables within one year -€63,386
down €63,386 (-33.7%), from €188,141 to €124,756
- Cash +€58,319
up €58,319 (+5093.5%), from €1,145 to €59,464
mainly Trade debts (+€101,020) and Receivables within one year (+€63,386)
- Tangible fixed assets -€55,459
down €55,459 (-4.6%), from €1.2m to €1.1m
- Current portion of long-term debt -€195,341
down €195,341 (-84.9%), from €230,040 to €34,699
- Trade debts +€101,020
up €101,020 (+912.8%), from €11,067 to €112,088
- Debts after one year +€51,908
up €51,908 (+10.0%), from €517,252 to €569,160
- Profit (loss) carried forward +€40,436
up €40,436 (+56.9%), from €71,025 to €111,461
- Other debts -€40,000
down €40,000 (-43.6%), from €91,731 to €51,731
- Financial charges -€10,941
down €10,941 (-31.9%), from €34,278 to €23,337
- Gross operating margin -€8,028
down €8,028 (-6.8%), from €118,793 to €110,765
- Financial income +€6,270
up €6,270 (+77211.7%), from €8 to €6,278
- Taxes +€3,123
up €3,123 (+25.2%), from €12,379 to €15,502
- Depreciation -€2,747
down €2,747 (-8.1%), from €33,955 to €31,208
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 | €1,385,834 | €1,325,098 | -€60,735 | -4.4% |
| Fixed assets | 21/28 | €1,194,810 | €1,139,351 | -€55,459 | -4.6% |
| Tangible fixed assets | 22/27 | €1,194,810 | €1,139,351 | -€55,459 | -4.6% |
| Land and buildings | 22 | €1,194,810 | €1,139,351 | -€55,459 | -4.6% |
| Current assets | 29/58 | €191,024 | €185,747 | -€5,276 | -2.8% |
| Amounts receivable within one year | 40/41 | €188,141 | €124,756 | -€63,386 | -33.7% |
| Other amounts receivable | 41 | €188,141 | €124,756 | -€63,386 | -33.7% |
| Cash at bank and in hand | 54/58 | €1,145 | €59,464 | +€58,319 | +5093.5% |
| Deferred charges and accrued income | 490/1 | €1,737 | €1,527 | -€210 | -12.1% |
| Total equity and liabilities | 10/49 | €1,385,834 | €1,325,098 | -€60,735 | -4.4% |
| Equity | 10/15 | €501,485 | €541,921 | +€40,436 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €410,000 | €410,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,025 | €111,461 | +€40,436 | +56.9% |
| Amounts payable | 17/49 | €884,349 | €783,177 | -€101,171 | -11.4% |
| Amounts payable after more than one year | 17 | €517,252 | €569,160 | +€51,908 | +10.0% |
| Financial debts | 170/4 | €517,252 | €569,160 | +€51,908 | +10.0% |
| Amounts payable within one year | 42/48 | €351,635 | €214,018 | -€137,617 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €230,040 | €34,699 | -€195,341 | -84.9% |
| Trade debts | 44 | €11,067 | €112,088 | +€101,020 | +912.8% |
| Suppliers | 440/4 | €11,067 | €112,088 | +€101,020 | +912.8% |
| Taxes, remuneration and social security | 45 | €18,796 | €15,500 | -€3,296 | -17.5% |
| Taxes | 450/3 | €18,796 | €15,500 | -€3,296 | -17.5% |
| Other amounts payable | 47/48 | €91,731 | €51,731 | -€40,000 | -43.6% |
| Accrued charges and deferred income | 492/3 | €15,462 | - | -€15,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,955 | €31,208 | -€2,747 | -8.1% |
| Other operating charges | 640/8 | €6,423 | €6,560 | +€137 | +2.1% |
| Gross operating margin | 9900 | €118,793 | €110,765 | -€8,028 | -6.8% |
| Operating profit (loss) | 9901 | €78,415 | €72,997 | -€5,418 | -6.9% |
| Financial income | 75/76B | €8 | €6,278 | +€6,270 | +77211.7% |
| Recurring financial income | 75 | €8 | €6,278 | +€6,270 | +77211.7% |
| Financial charges | 65/66B | €34,278 | €23,337 | -€10,941 | -31.9% |
| Recurring financial charges | 65 | €34,278 | €23,337 | -€10,941 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €44,145 | €55,938 | +€11,793 | +26.7% |
| Income taxes | 67/77 | €12,379 | €15,502 | +€3,123 | +25.2% |
| Profit (loss) for the period | 9904 | €31,766 | €40,436 | +€8,670 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,766 | €40,436 | +€8,670 | +27.3% |
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 8 October 2026 via checked.be.