SONER ZEUGMA: what changed
Two financial 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.
SONER ZEUGMA
Largest movements
- Receivables within one year -€1,860
down €1,860 (-80.7%), from €2,306 to €446
of which Other amounts receivable: -€1,860
- Deferred charges and accrued income -€121
down €121 (-100%), from €121 to €0
- Formation expenses -€37
down €37 (-100%), from €37 to €0
- Profit (loss) carried forward -€2,373
down €2,373 (-12.3%), from -€19,320 to -€21,693
- Other debts +€1,444
up €1,444 (+10.1%), from €14,355 to €15,799
- Trade debts -€1,079
down €1,079 (-38.8%), from €2,785 to €1,706
- Gross operating margin +€698
up €698 (+30.2%), from -€2,309 to -€1,611
- Depreciation -€182
down €182 (-83.0%), from €219 to €37
- Financial income -€121
down €121 (-100%), from €121 to €0
- Financial charges +€30
up €30 (+17.7%), from €168 to €197
- Other operating charges +€25
up €25 (+5.1%), from €502 to €528
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.
Derived cash bridge
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 | €2,820 | €812 | -€2,008 | -71.2% |
| Formation expenses | 20 | €37 | €0 | -€37 | -100% |
| Current assets | 29/58 | €2,783 | €812 | -€1,971 | -70.8% |
| Amounts receivable within one year | 40/41 | €2,306 | €446 | -€1,860 | -80.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,306 | €446 | -€1,860 | -80.7% |
| Cash at bank and in hand | 54/58 | €356 | €366 | +€10 | +2.8% |
| Deferred charges and accrued income | 490/1 | €121 | €0 | -€121 | -100% |
| Total equity and liabilities | 10/49 | €2,820 | €812 | -€2,008 | -71.2% |
| Equity | 10/15 | -€14,320 | -€16,693 | -€2,373 | -16.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,320 | -€21,693 | -€2,373 | -12.3% |
| Amounts payable | 17/49 | €17,140 | €17,505 | +€364 | +2.1% |
| Amounts payable within one year | 42/48 | €17,140 | €17,505 | +€364 | +2.1% |
| Trade debts | 44 | €2,785 | €1,706 | -€1,079 | -38.8% |
| Suppliers | 440/4 | €2,785 | €1,706 | -€1,079 | -38.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,355 | €15,799 | +€1,444 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219 | €37 | -€182 | -83.0% |
| Other operating charges | 640/8 | €502 | €528 | +€25 | +5.1% |
| Gross operating margin | 9900 | -€2,309 | -€1,611 | +€698 | +30.2% |
| Operating profit (loss) | 9901 | -€3,030 | -€2,176 | +€855 | +28.2% |
| Financial income | 75/76B | €121 | €0 | -€121 | -100% |
| Recurring financial income | 75 | €121 | €0 | -€121 | -100% |
| Financial charges | 65/66B | €168 | €197 | +€30 | +17.7% |
| Recurring financial charges | 65 | €168 | €197 | +€30 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,077 | -€2,373 | +€704 | +22.9% |
| Profit (loss) for the period | 9904 | -€3,077 | -€2,373 | +€704 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,077 | -€2,373 | +€704 | +22.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.