SONEGOS: 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.
SONEGOS
Largest movements
- Tangible fixed assets +€220,808
up €220,808 (+106.0%), from €208,211 to €429,019
- Cash -€177,244
down €177,244 (-85.9%), from €206,269 to €29,025
mainly Investment in fixed assets (net) (-€252,813) and Provisions (-€2,085)
- Profit (loss) carried forward +€40,975
up €40,975 (+18.6%), from €220,860 to €261,835
- Reserves -€6,255
down €6,255 (-4.3%), from €145,618 to €139,363
of which Tax-exempt reserves: -€6,255
- Depreciation +€6,704
up €6,704 (+26.5%), from €25,301 to €32,005
- Other operating charges +€2,017
up €2,017 (+18.5%), from €10,878 to €12,895
- Taxes -€1,630
down €1,630 (-10.9%), from €14,954 to €13,324
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 | €427,621 | €460,831 | +€33,210 | +7.8% |
| Fixed assets | 21/28 | €208,211 | €429,019 | +€220,808 | +106.0% |
| Tangible fixed assets | 22/27 | €208,211 | €429,019 | +€220,808 | +106.0% |
| Land and buildings | 22 | €208,211 | €429,019 | +€220,808 | +106.0% |
| Current assets | 29/58 | €219,410 | €31,812 | -€187,598 | -85.5% |
| Amounts receivable after more than one year | 29 | €2,086 | €0 | -€2,086 | -100.0% |
| Other amounts receivable | 291 | €2,086 | €0 | -€2,086 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,156 | €2,475 | -€3,681 | -59.8% |
| Other amounts receivable | 41 | €6,156 | €2,475 | -€3,681 | -59.8% |
| Cash at bank and in hand | 54/58 | €206,269 | €29,025 | -€177,244 | -85.9% |
| Deferred charges and accrued income | 490/1 | €4,899 | €312 | -€4,586 | -93.6% |
| Total equity and liabilities | 10/49 | €427,621 | €460,831 | +€33,210 | +7.8% |
| Equity | 10/15 | €375,778 | €410,498 | +€34,720 | +9.2% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €145,618 | €139,363 | -€6,255 | -4.3% |
| Tax-exempt reserves | 132 | €144,688 | €138,433 | -€6,255 | -4.3% |
| Distributable reserves | 133 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,860 | €261,835 | +€40,975 | +18.6% |
| Provisions and deferred taxes | 16 | €50,843 | €48,758 | -€2,085 | -4.1% |
| Deferred taxes | 168 | €50,843 | €48,758 | -€2,085 | -4.1% |
| Amounts payable | 17/49 | €1,000 | €1,575 | +€575 | +57.5% |
| Amounts payable within one year | 42/48 | €1,000 | €1,575 | +€575 | +57.5% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,575 | +€575 | +57.5% |
| Taxes | 450/3 | €1,000 | €1,575 | +€575 | +57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,301 | €32,005 | +€6,704 | +26.5% |
| Other operating charges | 640/8 | €10,878 | €12,895 | +€2,017 | +18.5% |
| Gross operating margin | 9900 | €91,390 | €91,264 | -€126 | -0.1% |
| Operating profit (loss) | 9901 | €55,211 | €46,364 | -€8,847 | -16.0% |
| Financial income | 75/76B | €288 | €0 | -€288 | -100.0% |
| Recurring financial income | 75 | €288 | €0 | -€288 | -100.0% |
| Financial charges | 65/66B | €370 | €404 | +€34 | +9.1% |
| Recurring financial charges | 65 | €370 | €404 | +€34 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €55,128 | €45,960 | -€9,168 | -16.6% |
| Transfer from deferred taxes | 780 | €777 | €2,085 | +€1,308 | +168.2% |
| Income taxes | 67/77 | €14,954 | €13,324 | -€1,630 | -10.9% |
| Profit (loss) for the period | 9904 | €40,951 | €34,720 | -€6,231 | -15.2% |
| Transfer from tax-exempt reserves | 789 | €2,332 | €6,255 | +€3,923 | +168.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,283 | €40,975 | -€2,309 | -5.3% |
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 9 October 2026 via checked.be.