SONNEVELD: 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.
SONNEVELD
Largest movements
- Cash -€97,838
down €97,838 (-25.8%), from €379,568 to €281,730
mainly Trade debts (-€228,675) and Deferred charges and accrued income (-€4,271)
- Receivables within one year -€80,039
down €80,039 (-2.4%), from €3.4m to €3.3m
- Trade debts -€228,675
down €228,675 (-7.9%), from €2.9m to €2.7m
- Profit (loss) carried forward +€40,698
up €40,698 (+8.3%), from €487,530 to €528,228
- Gross operating margin +€81,712
up €81,712 (+14.4%), from €569,218 to €650,930
- Staff costs +€68,834
up €68,834 (+12.6%), from €547,719 to €616,554
- Financial income -€19,414
down €19,414 (-44.0%), from €44,078 to €24,664
- Financial charges -€12,385
no longer reported in 2025 (was €12,385)
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 | €3,766,912 | €3,593,306 | -€173,606 | -4.6% |
| Fixed assets | 21/28 | €7,525 | €7,525 | = | 0.0% |
| Financial fixed assets | 28 | €7,525 | €7,525 | = | 0.0% |
| Current assets | 29/58 | €3,759,387 | €3,585,781 | -€173,606 | -4.6% |
| Amounts receivable within one year | 40/41 | €3,373,107 | €3,293,068 | -€80,039 | -2.4% |
| Trade receivables | 40 | €3,373,107 | €3,293,068 | -€80,039 | -2.4% |
| Cash at bank and in hand | 54/58 | €379,568 | €281,730 | -€97,838 | -25.8% |
| Deferred charges and accrued income | 490/1 | €6,712 | €10,983 | +€4,271 | +63.6% |
| Total equity and liabilities | 10/49 | €3,766,912 | €3,593,306 | -€173,606 | -4.6% |
| Equity | 10/15 | €578,259 | €618,957 | +€40,698 | +7.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €16,361 | €16,361 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,924 | €8,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €487,530 | €528,228 | +€40,698 | +8.3% |
| Amounts payable | 17/49 | €3,188,653 | €2,974,349 | -€214,304 | -6.7% |
| Amounts payable within one year | 42/48 | €3,164,977 | €2,943,358 | -€221,620 | -7.0% |
| Trade debts | 44 | €2,910,126 | €2,681,451 | -€228,675 | -7.9% |
| Suppliers | 440/4 | €2,910,126 | €2,681,451 | -€228,675 | -7.9% |
| Taxes, remuneration and social security | 45 | €254,852 | €261,907 | +€7,055 | +2.8% |
| Taxes | 450/3 | €133,844 | €126,747 | -€7,098 | -5.3% |
| Remuneration and social security | 454/9 | €121,008 | €135,160 | +€14,153 | +11.7% |
| Accrued charges and deferred income | 492/3 | €23,675 | €30,991 | +€7,316 | +30.9% |
| Remuneration, social security and pensions | 62 | €547,719 | €616,554 | +€68,834 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,651 | -€2,792 | -€142 | -5.3% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €569,218 | €650,930 | +€81,712 | +14.4% |
| Operating profit (loss) | 9901 | €23,064 | €36,050 | +€12,986 | +56.3% |
| Financial income | 75/76B | €44,078 | €24,664 | -€19,414 | -44.0% |
| Recurring financial income | 75 | €44,078 | €24,664 | -€19,414 | -44.0% |
| Financial charges | 65/66B | €12,385 | - | -€12,385 | |
| Recurring financial charges | 65 | €12,385 | - | -€12,385 | |
| Profit (loss) for the period before taxes | 9903 | €54,756 | €60,714 | +€5,958 | +10.9% |
| Income taxes | 67/77 | €20,094 | €20,017 | -€77 | -0.4% |
| Profit (loss) for the period | 9904 | €34,663 | €40,698 | +€6,035 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,663 | €40,698 | +€6,035 | +17.4% |
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 30 October 2026 via checked.be.