SONERO: 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.
SONERO
Largest movements
- Receivables within one year -€54,272
down €54,272 (-89.2%), from €60,865 to €6,593
of which Other amounts receivable: -€55,799
- Cash -€44,644
down €44,644 (-3.1%), from €1.5m to €1.4m
mainly Tax, wage and social debts (-€69,480) and Current portion of long-term debt (-€61,582)
- Deferred charges and accrued income -€39,030
down €39,030 (-72.0%), from €54,245 to €15,216
- Tax, wage and social debts -€69,480
no longer reported in 2025 (was €69,480)
- Current portion of long-term debt -€61,582
down €61,582 (-79.1%), from €77,833 to €16,251
- Debts after one year -€16,251
no longer reported in 2025 (was €16,251)
- Gross operating margin -€2.0m
down €2.0m, from €2.0m to -€4,988
- Staff costs -€575,645
down €575,645, from €575,437 to -€208
- Taxes -€354,117
down €354,117 (-98.7%), from €358,811 to €4,693
- Financial income -€34,689
down €34,689 (-57.2%), from €60,663 to €25,974
- Other operating charges -€31,412
down €31,412 (-96.6%), from €32,517 to €1,105
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 | €1,567,988 | €1,431,461 | -€136,528 | -8.7% |
| Fixed assets | 21/28 | - | €1,418 | +€1,418 | |
| Tangible fixed assets | 22/27 | - | €1,418 | +€1,418 | |
| Other tangible fixed assets | 26 | - | €1,418 | +€1,418 | |
| Current assets | 29/58 | €1,567,988 | €1,430,042 | -€137,946 | -8.8% |
| Amounts receivable within one year | 40/41 | €60,865 | €6,593 | -€54,272 | -89.2% |
| Trade receivables | 40 | - | €1,527 | +€1,527 | |
| Other amounts receivable | 41 | €60,865 | €5,066 | -€55,799 | -91.7% |
| Cash at bank and in hand | 54/58 | €1,452,878 | €1,408,234 | -€44,644 | -3.1% |
| Deferred charges and accrued income | 490/1 | €54,245 | €15,216 | -€39,030 | -72.0% |
| Total equity and liabilities | 10/49 | €1,567,988 | €1,431,461 | -€136,528 | -8.7% |
| Equity | 10/15 | €1,397,053 | €1,411,799 | +€14,746 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,378,453 | €1,393,199 | +€14,746 | +1.1% |
| Tax-exempt reserves | 132 | €526,250 | €526,250 | = | 0.0% |
| Distributable reserves | 133 | €852,203 | €866,949 | +€14,746 | +1.7% |
| Amounts payable | 17/49 | €170,935 | €19,662 | -€151,273 | -88.5% |
| Amounts payable after more than one year | 17 | €16,251 | - | -€16,251 | |
| Financial debts | 170/4 | €16,251 | - | -€16,251 | |
| Amounts payable within one year | 42/48 | €154,684 | €19,662 | -€135,023 | -87.3% |
| Current portion of amounts payable after more than one year | 42 | €77,833 | €16,251 | -€61,582 | -79.1% |
| Trade debts | 44 | €613 | €1,527 | +€914 | +149% |
| Suppliers | 440/4 | €613 | €1,527 | +€914 | +149% |
| Taxes, remuneration and social security | 45 | €69,480 | - | -€69,480 | |
| Taxes | 450/3 | €69,480 | - | -€69,480 | |
| Other amounts payable | 47/48 | €6,759 | €1,884 | -€4,875 | -72.1% |
| Remuneration, social security and pensions | 62 | €575,437 | -€208 | -€575,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €108 | +€108 | |
| Other operating charges | 640/8 | €32,517 | €1,105 | -€31,412 | -96.6% |
| Gross operating margin | 9900 | €1,998,159 | -€4,988 | -€2.0m | |
| Operating profit (loss) | 9901 | €1,390,205 | -€5,994 | -€1.4m | |
| Financial income | 75/76B | €60,663 | €25,974 | -€34,689 | -57.2% |
| Recurring financial income | 75 | €60,663 | €25,974 | -€34,689 | -57.2% |
| Financial charges | 65/66B | €8,028 | €542 | -€7,486 | -93.3% |
| Recurring financial charges | 65 | €8,028 | €542 | -€7,486 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | €1,442,840 | €19,439 | -€1.4m | -98.7% |
| Income taxes | 67/77 | €358,811 | €4,693 | -€354,117 | -98.7% |
| Profit (loss) for the period | 9904 | €1,084,029 | €14,746 | -€1.1m | -98.6% |
| Transfer from tax-exempt reserves | 789 | €89,000 | - | -€89,000 | |
| Transfer to tax-exempt reserves | 689 | €526,250 | - | -€526,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €646,779 | €14,746 | -€632,033 | -97.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.