SONO X-CLUSIVE: 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.
SONO X-CLUSIVE
Largest movements
- Cash +€95,736
up €95,736 (+201%), from €47,747 to €143,483
mainly Debts after one year (+€81,192) and Tax, wage and social debts (+€46,000)
- Financial fixed assets +€84,000
up €84,000 (+56,000%), from €150 to €84,150
- Receivables within one year +€15,351
up €15,351 (+9.0%), from €171,073 to €186,424
of which Trade receivables: +€13,008
- Tangible fixed assets -€12,269
down €12,269 (-24.2%), from €50,706 to €38,437
- Debts after one year +€81,192
up €81,192 (+2,891%), from €2,808 to €84,000
- Tax, wage and social debts +€46,000
up €46,000 (+89.1%), from €51,606 to €97,606
of which Taxes: +€31,336
- Profit (loss) carried forward +€39,807
up €39,807 (+27.9%), from €142,825 to €182,632
- Other debts +€11,947
up €11,947 (+23.8%), from €50,226 to €62,174
- Current portion of long-term debt +€10,137
up €10,137 (+95.7%), from €10,587 to €20,725
- Gross operating margin +€313,097
up €313,097 (+68.3%), from €458,445 to €771,541
- Staff costs +€241,485
up €241,485 (+75.3%), from €320,666 to €562,151
- Financial charges +€77,435
up €77,435 (+235%), from €32,908 to €110,343
- Taxes -€35,976
down €35,976 (-61.0%), from €59,026 to €23,049
- Depreciation -€9,525
down €9,525 (-30.8%), from €30,971 to €21,446
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 | €285,338 | €472,392 | +€187,055 | +65.6% |
| Fixed assets | 21/28 | €50,856 | €122,587 | +€71,731 | +141% |
| Tangible fixed assets | 22/27 | €50,706 | €38,437 | -€12,269 | -24.2% |
| Plant, machinery and equipment | 23 | €26,766 | €22,840 | -€3,926 | -14.7% |
| Furniture and vehicles | 24 | €17,177 | €11,103 | -€6,073 | -35.4% |
| Leasing and similar rights | 25 | €1,054 | - | -€1,054 | |
| Other tangible fixed assets | 26 | €5,709 | €4,493 | -€1,216 | -21.3% |
| Financial fixed assets | 28 | €150 | €84,150 | +€84,000 | +56,000% |
| Current assets | 29/58 | €234,482 | €349,806 | +€115,324 | +49.2% |
| Amounts receivable within one year | 40/41 | €171,073 | €186,424 | +€15,351 | +9.0% |
| Trade receivables | 40 | €170,255 | €183,263 | +€13,008 | +7.6% |
| Other amounts receivable | 41 | €818 | €3,161 | +€2,343 | +287% |
| Cash at bank and in hand | 54/58 | €47,747 | €143,483 | +€95,736 | +201% |
| Deferred charges and accrued income | 490/1 | €15,662 | €19,899 | +€4,236 | +27.0% |
| Total equity and liabilities | 10/49 | €285,338 | €472,392 | +€187,055 | +65.6% |
| Equity | 10/15 | €163,285 | €203,092 | +€39,807 | +24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,825 | €182,632 | +€39,807 | +27.9% |
| Amounts payable | 17/49 | €122,053 | €269,300 | +€147,248 | +121% |
| Amounts payable after more than one year | 17 | €2,808 | €84,000 | +€81,192 | +2,891% |
| Financial debts | 170/4 | €2,808 | €84,000 | +€81,192 | +2,891% |
| Amounts payable within one year | 42/48 | €119,245 | €185,300 | +€66,056 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €10,587 | €20,725 | +€10,137 | +95.7% |
| Trade debts | 44 | €6,824 | €4,796 | -€2,028 | -29.7% |
| Suppliers | 440/4 | €6,824 | €4,796 | -€2,028 | -29.7% |
| Taxes, remuneration and social security | 45 | €51,606 | €97,606 | +€46,000 | +89.1% |
| Taxes | 450/3 | €20,477 | €51,813 | +€31,336 | +153% |
| Remuneration and social security | 454/9 | €31,130 | €45,793 | +€14,664 | +47.1% |
| Other amounts payable | 47/48 | €50,226 | €62,174 | +€11,947 | +23.8% |
| Non-recurring operating income | 76A | - | €19,528 | +€19,528 | |
| Remuneration, social security and pensions | 62 | €320,666 | €562,151 | +€241,485 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,971 | €21,446 | -€9,525 | -30.8% |
| Other operating charges | 640/8 | €8,050 | €16,340 | +€8,289 | +103% |
| Gross operating margin | 9900 | €458,445 | €771,541 | +€313,097 | +68.3% |
| Operating profit (loss) | 9901 | €98,757 | €171,605 | +€72,847 | +73.8% |
| Financial income | 75/76B | €325 | €1,595 | +€1,270 | +391% |
| Recurring financial income | 75 | €325 | €1,595 | +€1,270 | +391% |
| Financial charges | 65/66B | €32,908 | €110,343 | +€77,435 | +235% |
| Recurring financial charges | 65 | €32,908 | €110,343 | +€77,435 | +235% |
| Profit (loss) for the period before taxes | 9903 | €66,175 | €62,856 | -€3,318 | -5.0% |
| Income taxes | 67/77 | €59,026 | €23,049 | -€35,976 | -61.0% |
| Profit (loss) for the period | 9904 | €7,149 | €39,807 | +€32,658 | +457% |
| Profit (loss) for the period to be appropriated | 9905 | €7,149 | €39,807 | +€32,658 | +457% |
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 23 October 2026 via checked.be.