SONEAN: 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.
SONEAN
Largest movements
- Current investments +€200,000
up €200,000 (+20.0%), from €1.0m to €1.2m
- Cash +€30,516
up €30,516 (+11.4%), from €267,809 to €298,325
mainly Net result for the year (+€222,289) and Deferred charges and accrued income (+€4,060)
- Reserves +€222,289
up €222,289 (+18.1%), from €1.2m to €1.5m
of which Distributable reserves: +€264,389
- Gross operating margin +€47,296
up €47,296 (+16.6%), from €284,442 to €331,738
- Financial income -€27,143
down €27,143 (-74.2%), from €36,593 to €9,450
- Taxes +€9,811
up €9,811 (+9.6%), from €102,324 to €112,135
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 | €1,283,146 | €1,506,954 | +€223,808 | +17.4% |
| Fixed assets | 21/28 | €9,787 | €7,143 | -€2,644 | -27.0% |
| Tangible fixed assets | 22/27 | €9,787 | €7,143 | -€2,644 | -27.0% |
| Plant, machinery and equipment | 23 | €4,137 | €3,155 | -€982 | -23.7% |
| Furniture and vehicles | 24 | €5,650 | €3,987 | -€1,662 | -29.4% |
| Current assets | 29/58 | €1,273,359 | €1,499,811 | +€226,452 | +17.8% |
| Amounts receivable within one year | 40/41 | €408 | €405 | -€3 | -0.8% |
| Trade receivables | 40 | €408 | €0 | -€408 | -100.0% |
| Other amounts receivable | 41 | €0 | €405 | +€405 | |
| Current investments | 50/53 | €1,000,000 | €1,200,000 | +€200,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €267,809 | €298,325 | +€30,516 | +11.4% |
| Deferred charges and accrued income | 490/1 | €5,141 | €1,081 | -€4,060 | -79.0% |
| Total equity and liabilities | 10/49 | €1,283,146 | €1,506,954 | +€223,808 | +17.4% |
| Equity | 10/15 | €1,249,416 | €1,471,705 | +€222,289 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,230,816 | €1,453,105 | +€222,289 | +18.1% |
| Tax-exempt reserves | 132 | €115,775 | €73,675 | -€42,100 | -36.4% |
| Distributable reserves | 133 | €1,115,041 | €1,379,430 | +€264,389 | +23.7% |
| Amounts payable | 17/49 | €33,729 | €35,248 | +€1,519 | +4.5% |
| Amounts payable within one year | 42/48 | €33,729 | €35,248 | +€1,519 | +4.5% |
| Trade debts | 44 | €0 | €304 | +€304 | |
| Suppliers | 440/4 | €0 | €304 | +€304 | |
| Taxes, remuneration and social security | 45 | €32,647 | €33,962 | +€1,315 | +4.0% |
| Taxes | 450/3 | €32,647 | €33,962 | +€1,315 | +4.0% |
| Other amounts payable | 47/48 | €1,083 | €983 | -€100 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,435 | €2,644 | +€209 | +8.6% |
| Other operating charges | 640/8 | €1,867 | €3,728 | +€1,861 | +99.7% |
| Gross operating margin | 9900 | €284,442 | €331,738 | +€47,296 | +16.6% |
| Operating profit (loss) | 9901 | €280,140 | €325,366 | +€45,226 | +16.1% |
| Financial income | 75/76B | €36,593 | €9,450 | -€27,143 | -74.2% |
| Recurring financial income | 75 | €36,593 | €9,450 | -€27,143 | -74.2% |
| Financial charges | 65/66B | €270 | €392 | +€123 | +45.5% |
| Recurring financial charges | 65 | €270 | €392 | +€123 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €316,463 | €334,424 | +€17,960 | +5.7% |
| Income taxes | 67/77 | €102,324 | €112,135 | +€9,811 | +9.6% |
| Profit (loss) for the period | 9904 | €214,140 | €222,289 | +€8,149 | +3.8% |
| Transfer from tax-exempt reserves | 789 | €0 | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €214,140 | €264,389 | +€50,249 | +23.5% |
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 2 October 2026 via checked.be.