SONGO: 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.
SONGO
Largest movements
- Cash -€26,813
down €26,813 (-25.2%), from €106,302 to €79,489
mainly Tax, wage and social debts (-€18,035) and Net result for the year (-€17,008)
- Receivables within one year -€10,697
down €10,697 (-39.1%), from €27,355 to €16,657
of which Trade receivables: -€22,145
- Tangible fixed assets -€2,927
down €2,927 (-18.5%), from €15,784 to €12,857
- Tax, wage and social debts -€18,035
down €18,035 (-98.6%), from €18,284 to €249
- Profit (loss) carried forward -€17,008
down €17,008, from €1,738 to -€15,270
- Trade debts -€9,091
down €9,091 (-98.5%), from €9,226 to €136
- Other debts +€3,645
up €3,645 (+13251.4%), from €28 to €3,673
- Gross operating margin -€75,495
down €75,495, from €62,280 to -€13,215
- Taxes -€20,426
down €20,426, from €20,235 to -€191
- Other operating charges -€2,876
down €2,876 (-76.4%), from €3,763 to €887
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 | €149,641 | €109,152 | -€40,489 | -27.1% |
| Fixed assets | 21/28 | €15,784 | €12,857 | -€2,927 | -18.5% |
| Tangible fixed assets | 22/27 | €15,784 | €12,857 | -€2,927 | -18.5% |
| Other tangible fixed assets | 26 | €15,784 | €12,857 | -€2,927 | -18.5% |
| Current assets | 29/58 | €133,857 | €96,295 | -€37,562 | -28.1% |
| Amounts receivable within one year | 40/41 | €27,355 | €16,657 | -€10,697 | -39.1% |
| Trade receivables | 40 | €24,645 | €2,500 | -€22,145 | -89.9% |
| Other amounts receivable | 41 | €2,709 | €14,157 | +€11,448 | +422.5% |
| Cash at bank and in hand | 54/58 | €106,302 | €79,489 | -€26,813 | -25.2% |
| Deferred charges and accrued income | 490/1 | €200 | €149 | -€52 | -25.8% |
| Total equity and liabilities | 10/49 | €149,641 | €109,152 | -€40,489 | -27.1% |
| Equity | 10/15 | €122,103 | €105,095 | -€17,008 | -13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,165 | €114,165 | = | 0.0% |
| Distributable reserves | 133 | €114,165 | €114,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,738 | -€15,270 | -€17,008 | |
| Amounts payable | 17/49 | €27,538 | €4,057 | -€23,480 | -85.3% |
| Amounts payable within one year | 42/48 | €27,538 | €4,057 | -€23,480 | -85.3% |
| Trade debts | 44 | €9,226 | €136 | -€9,091 | -98.5% |
| Suppliers | 440/4 | €9,226 | €136 | -€9,091 | -98.5% |
| Taxes, remuneration and social security | 45 | €18,284 | €249 | -€18,035 | -98.6% |
| Taxes | 450/3 | €18,284 | €249 | -€18,035 | -98.6% |
| Other amounts payable | 47/48 | €28 | €3,673 | +€3,645 | +13251.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,927 | €2,927 | = | 0.0% |
| Other operating charges | 640/8 | €3,763 | €887 | -€2,876 | -76.4% |
| Gross operating margin | 9900 | €62,280 | -€13,215 | -€75,495 | |
| Operating profit (loss) | 9901 | €55,590 | -€17,028 | -€72,619 | |
| Financial income | 75/76B | €34 | €2 | -€32 | -94.8% |
| Recurring financial income | 75 | €34 | €2 | -€32 | -94.8% |
| Financial charges | 65/66B | €112 | €172 | +€60 | +53.6% |
| Recurring financial charges | 65 | €112 | €172 | +€60 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €55,512 | -€17,199 | -€72,711 | |
| Income taxes | 67/77 | €20,235 | -€191 | -€20,426 | |
| Profit (loss) for the period | 9904 | €35,277 | -€17,008 | -€52,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,277 | -€17,008 | -€52,285 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.