Sonlo: 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.
Sonlo
Largest movements
- Tangible fixed assets +€66,985
up €66,985 (+75.1%), from €89,140 to €156,125
of which Other tangible fixed assets: +€36,516
- Cash +€37,209
up €37,209 (+428.4%), from €8,685 to €45,894
mainly Trade debts (+€51,570) and Debts after one year (+€33,450)
- Receivables within one year +€5,967
up €5,967 (+158.0%), from €3,777 to €9,744
of which Other amounts receivable: +€3,923
- Stocks and contracts +€5,400
up €5,400 (+189.9%), from €2,844 to €8,244
- Financial fixed assets +€4,350
new in 2025: €4,350
- Trade debts +€51,570
up €51,570 (+1386.5%), from €3,719 to €55,289
- Debts after one year +€33,450
up €33,450 (+63.9%), from €52,336 to €85,786
of which Financial debts: +€29,450
- Accrued charges and deferred income +€26,147
up €26,147 (+130.7%), from €20,000 to €46,147
- Profit (loss) carried forward +€7,922
up €7,922 (+16.1%), from -€49,332 to -€41,409
- Current portion of long-term debt +€4,188
up €4,188 (+31.6%), from €13,247 to €17,435
- Staff costs +€22,397
up €22,397, from €0 to €22,397
- Gross operating margin +€16,372
up €16,372 (+52.4%), from €31,264 to €47,637
- Depreciation +€3,249
up €3,249 (+41.1%), from €7,913 to €11,162
- Other operating charges +€697
up €697 (+30.6%), from €2,276 to €2,973
- Financial charges +€669
up €669 (+29.5%), from €2,266 to €2,935
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 | €127,720 | €249,910 | +€122,190 | +95.7% |
| Fixed assets | 21/28 | €89,140 | €160,475 | +€71,335 | +80.0% |
| Tangible fixed assets | 22/27 | €89,140 | €156,125 | +€66,985 | +75.1% |
| Land and buildings | 22 | €68,946 | €65,794 | -€3,152 | -4.6% |
| Plant, machinery and equipment | 23 | €10,463 | €44,084 | +€33,621 | +321.3% |
| Other tangible fixed assets | 26 | €9,732 | €46,247 | +€36,516 | +375.2% |
| Financial fixed assets | 28 | - | €4,350 | +€4,350 | |
| Current assets | 29/58 | €38,580 | €89,435 | +€50,855 | +131.8% |
| Stocks and contracts in progress | 3 | €2,844 | €8,244 | +€5,400 | +189.9% |
| Stocks | 30/36 | €2,844 | €8,244 | +€5,400 | +189.9% |
| Amounts receivable within one year | 40/41 | €3,777 | €9,744 | +€5,967 | +158.0% |
| Trade receivables | 40 | - | €2,044 | +€2,044 | |
| Other amounts receivable | 41 | €3,777 | €7,700 | +€3,923 | +103.9% |
| Cash at bank and in hand | 54/58 | €8,685 | €45,894 | +€37,209 | +428.4% |
| Deferred charges and accrued income | 490/1 | €23,275 | €25,553 | +€2,279 | +9.8% |
| Total equity and liabilities | 10/49 | €127,720 | €249,910 | +€122,190 | +95.7% |
| Equity | 10/15 | €22,614 | €30,536 | +€7,922 | +35.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,945 | €51,945 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,461 | €4,461 | = | 0.0% |
| Distributable reserves | 133 | €47,484 | €47,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,332 | -€41,409 | +€7,922 | +16.1% |
| Amounts payable | 17/49 | €105,107 | €219,374 | +€114,267 | +108.7% |
| Amounts payable after more than one year | 17 | €52,336 | €85,786 | +€33,450 | +63.9% |
| Financial debts | 170/4 | €11,336 | €40,786 | +€29,450 | +259.8% |
| Other amounts payable | 178/9 | €41,000 | €45,000 | +€4,000 | +9.8% |
| Amounts payable within one year | 42/48 | €32,771 | €87,441 | +€54,670 | +166.8% |
| Current portion of amounts payable after more than one year | 42 | €13,247 | €17,435 | +€4,188 | +31.6% |
| Trade debts | 44 | €3,719 | €55,289 | +€51,570 | +1386.5% |
| Suppliers | 440/4 | €3,719 | €55,289 | +€51,570 | +1386.5% |
| Taxes, remuneration and social security | 45 | €15,509 | €13,741 | -€1,768 | -11.4% |
| Taxes | 450/3 | €15,509 | €9,101 | -€6,408 | -41.3% |
| Remuneration and social security | 454/9 | €0 | €4,639 | +€4,639 | |
| Other amounts payable | 47/48 | €296 | €976 | +€680 | +229.8% |
| Accrued charges and deferred income | 492/3 | €20,000 | €46,147 | +€26,147 | +130.7% |
| Remuneration, social security and pensions | 62 | €0 | €22,397 | +€22,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,913 | €11,162 | +€3,249 | +41.1% |
| Other operating charges | 640/8 | €2,276 | €2,973 | +€697 | +30.6% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €31,264 | €47,637 | +€16,372 | +52.4% |
| Operating profit (loss) | 9901 | €21,076 | €10,855 | -€10,221 | -48.5% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €2,266 | €2,935 | +€669 | +29.5% |
| Recurring financial charges | 65 | €2,266 | €2,935 | +€669 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €18,810 | €7,922 | -€10,887 | -57.9% |
| Profit (loss) for the period | 9904 | €18,810 | €7,922 | -€10,887 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,810 | €7,922 | -€10,887 | -57.9% |
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 8 October 2026 via checked.be.