SONHELCO: 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.
SONHELCO
Largest movements
- Tangible fixed assets +€48,128
up €48,128 (+168.0%), from €28,646 to €76,774
of which Leasing and similar rights: +€46,837
- Cash -€1,974
down €1,974 (-4.0%), from €49,619 to €47,645
mainly Investment in fixed assets (net) (-€65,366) and Trade debts (-€1,387)
- Debts after one year +€24,755
new in 2025: €24,755
- Current portion of long-term debt +€18,605
new in 2025: €18,605
- Profit (loss) carried forward +€4,596
up €4,596 (+6.3%), from €72,753 to €77,349
- Trade debts -€1,387
down €1,387 (-54.3%), from €2,555 to €1,168
- Depreciation +€12,491
up €12,491 (+263.1%), from €4,747 to €17,238
- Gross operating margin +€2,842
up €2,842 (+12.3%), from €23,096 to €25,938
- Taxes -€2,001
down €2,001 (-49.6%), from €4,032 to €2,031
- Financial charges +€1,250
up €1,250 (+17106.6%), from €7 to €1,258
- Financial income -€585
down €585 (-93.1%), from €629 to €44
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 | €81,358 | €128,440 | +€47,082 | +57.9% |
| Fixed assets | 21/28 | €28,646 | €76,774 | +€48,128 | +168.0% |
| Tangible fixed assets | 22/27 | €28,646 | €76,774 | +€48,128 | +168.0% |
| Plant, machinery and equipment | 23 | - | €1,646 | +€1,646 | |
| Furniture and vehicles | 24 | €484 | €163 | -€321 | -66.3% |
| Leasing and similar rights | 25 | - | €46,837 | +€46,837 | |
| Other tangible fixed assets | 26 | €28,162 | €28,128 | -€34 | -0.1% |
| Current assets | 29/58 | €52,712 | €51,666 | -€1,046 | -2.0% |
| Amounts receivable within one year | 40/41 | €2,536 | €3,701 | +€1,165 | +46.0% |
| Trade receivables | 40 | €511 | €720 | +€209 | +41.0% |
| Other amounts receivable | 41 | €2,025 | €2,981 | +€956 | +47.2% |
| Cash at bank and in hand | 54/58 | €49,619 | €47,645 | -€1,974 | -4.0% |
| Deferred charges and accrued income | 490/1 | €558 | €320 | -€237 | -42.6% |
| Total equity and liabilities | 10/49 | €81,358 | €128,440 | +€47,082 | +57.9% |
| Equity | 10/15 | €78,753 | €83,349 | +€4,596 | +5.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,753 | €77,349 | +€4,596 | +6.3% |
| Amounts payable | 17/49 | €2,605 | €45,091 | +€42,486 | +1631.0% |
| Amounts payable after more than one year | 17 | - | €24,755 | +€24,755 | |
| Financial debts | 170/4 | - | €24,755 | +€24,755 | |
| Amounts payable within one year | 42/48 | €2,605 | €20,335 | +€17,730 | +680.7% |
| Current portion of amounts payable after more than one year | 42 | - | €18,605 | +€18,605 | |
| Trade debts | 44 | €2,555 | €1,168 | -€1,387 | -54.3% |
| Suppliers | 440/4 | €2,555 | €1,168 | -€1,387 | -54.3% |
| Taxes, remuneration and social security | 45 | €50 | €562 | +€513 | +1031.4% |
| Taxes | 450/3 | €50 | €562 | +€513 | +1031.4% |
| Non-recurring operating income | 76A | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,747 | €17,238 | +€12,491 | +263.1% |
| Other operating charges | 640/8 | €676 | €859 | +€183 | +27.1% |
| Gross operating margin | 9900 | €23,096 | €25,938 | +€2,842 | +12.3% |
| Operating profit (loss) | 9901 | €17,673 | €7,841 | -€9,832 | -55.6% |
| Financial income | 75/76B | €629 | €44 | -€585 | -93.1% |
| Recurring financial income | 75 | €629 | €44 | -€585 | -93.1% |
| Financial charges | 65/66B | €7 | €1,258 | +€1,250 | +17106.6% |
| Recurring financial charges | 65 | €7 | €1,258 | +€1,250 | +17106.6% |
| Profit (loss) for the period before taxes | 9903 | €18,294 | €6,626 | -€11,668 | -63.8% |
| Income taxes | 67/77 | €4,032 | €2,031 | -€2,001 | -49.6% |
| Profit (loss) for the period | 9904 | €14,262 | €4,596 | -€9,667 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,262 | €4,596 | -€9,667 | -67.8% |
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 6 October 2026 via checked.be.