SONOCO: 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.
What changed
SONOCO
NACE 70.100, Activities of head offices
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€279.2m
2024 · €650,890+€278.5m
Equity
€2.06bn
2024 · €2.03bn+€29.2m
Cash
€34.9m
2024 · €6,913+€34.9m
Balance sheet total
€2.06bn
2024 · €2.11bn-€46.6m
Largest movements
Assets
- Receivables within one year -€46.1m
down €46.1m (-92.0%), from €50.1m to €4.0m
of which Other amounts receivable: -€46.5m
- Financial fixed assets -€35.2m
down €35.2m (-1.7%), from €2.06bn to €2.02bn
of which Affiliated companies: -€35.2m
- Cash +€34.9m
up €34.9m (+504153.3%), from €6,913 to €34.9m
mainly Net result for the year (+€279.2m) and Receivables within one year (+€46.1m)
Equity and liabilities
- Profit (loss) carried forward +€265.2m
up €265.2m (+11504.3%), from €2.3m to €267.5m
- Contributions -€250.0m
down €250.0m (-12.3%), from €2.03bn to €1.78bn
- Other debts -€47.9m
no longer reported in 2025 (was €47.9m)
- Short-term financial debts -€27.6m
down €27.6m (-96.8%), from €28.5m to €922,990
Income statement
- Financial income +€278.4m
up €278.4m (+12099.1%), from €2.3m to €280.7m
of which Financial income: +€278.4m
- Staff costs +€933,421
up €933,421 (+18.9%), from €5.0m to €5.9m
- Financial charges -€796,504
down €796,504 (-42.2%), from €1.9m to €1.1m
- Taxes -€253,558
down €253,558, from €252,173 to -€1,385
of which Taxes: -€268,342
- Turnover -€214,981
down €214,981 (-3.7%), from €5.8m to €5.6m
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.
Result 2024
€650,890
Turnover
-€214,981
Other operating income
-€157,437
Services and other goods
+€186,928
Staff costs
-€933,421
Depreciation
+€16,427
Write-downs
-€16,057
Other operating charges
+€174,749
Financial income
+€278.4m
Financial charges
+€796,504
Taxes
+€253,558
Result 2025
€279.2m
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.
From operations
+€277.2m
Investment
+€35.2m
Financing
-€277.6m
Cash 2024
€6,913
From operations (derived)
+€277.2m
Net result for the year
+€279.2m
Depreciation
+€32,361
Receivables within one year
+€46.1m
Smaller working-capital items
-€237,037
Other debts
-€47.9m
Investment (derived)
+€35.2m
Investment in fixed assets (net)
+€35.2m
Financing
-€277.6m
Short-term financial debts
-€27.6m
Contributions, distributions and other
-€250.0m
Cash 2025
€34.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,109,447,193 | €2,062,874,359 | -€46.6m | -2.2% |
| Fixed assets | 21/28 | €2,059,062,435 | €2,023,815,993 | -€35.2m | -1.7% |
| Tangible fixed assets | 22/27 | €159,526 | €127,165 | -€32,361 | -20.3% |
| Furniture and vehicles | 24 | €159,526 | €127,165 | -€32,361 | -20.3% |
| Financial fixed assets | 28 | €2,058,902,909 | €2,023,688,829 | -€35.2m | -1.7% |
| Affiliated companies | 280/1 | €2,058,902,599 | €2,023,688,829 | -€35.2m | -1.7% |
| Participating interests | 280 | €2,021,509,304 | €2,021,509,303 | -€1 | 0.0% |
| Amounts receivable | 281 | €37,393,295 | €2,179,526 | -€35.2m | -94.2% |
| Other financial fixed assets | 284/8 | €310 | - | -€310 | |
| Amounts receivable and cash guarantees | 285/8 | €310 | - | -€310 | |
| Current assets | 29/58 | €50,384,759 | €39,058,366 | -€11.3m | -22.5% |
| Amounts receivable within one year | 40/41 | €50,124,679 | €4,010,063 | -€46.1m | -92.0% |
| Trade receivables | 40 | €2,472,585 | €2,905,330 | +€432,745 | +17.5% |
| Other amounts receivable | 41 | €47,652,094 | €1,104,733 | -€46.5m | -97.7% |
| Cash at bank and in hand | 54/58 | €6,913 | €34,859,989 | +€34.9m | +504153.3% |
| Deferred charges and accrued income | 490/1 | €253,166 | €188,314 | -€64,852 | -25.6% |
| Total equity and liabilities | 10/49 | €2,109,447,193 | €2,062,874,359 | -€46.6m | -2.2% |
| Equity | 10/15 | €2,031,644,570 | €2,060,836,660 | +€29.2m | +1.4% |
| Contributions | 10/11 | €2,028,509,304 | €1,778,509,304 | -€250.0m | -12.3% |
| Capital | 10 | €2,028,509,304 | €1,778,509,304 | -€250.0m | -12.3% |
| Issued capital | 100 | €2,028,509,304 | €1,778,509,304 | -€250.0m | -12.3% |
| Reserves | 13 | €829,754 | €14,789,358 | +€14.0m | +1682.4% |
| Non-distributable reserves | 130/1 | €829,754 | €14,789,358 | +€14.0m | +1682.4% |
| Legal reserve | 130 | €829,754 | €14,789,358 | +€14.0m | +1682.4% |
| Profit (loss) carried forward | 14 | €2,305,512 | €267,537,998 | +€265.2m | +11504.3% |
| Amounts payable | 17/49 | €77,802,624 | €2,037,699 | -€75.8m | -97.4% |
| Amounts payable within one year | 42/48 | €77,509,824 | €2,037,699 | -€75.5m | -97.4% |
| Financial debts | 43 | €28,485,892 | €922,990 | -€27.6m | -96.8% |
| Credit institutions | 430/8 | €28,485,892 | €922,990 | -€27.6m | -96.8% |
| Trade debts | 44 | €289,323 | €757,732 | +€468,408 | +161.9% |
| Suppliers | 440/4 | €289,323 | €757,732 | +€468,408 | +161.9% |
| Taxes, remuneration and social security | 45 | €834,474 | €356,977 | -€477,497 | -57.2% |
| Taxes | 450/3 | €228,632 | €6,756 | -€221,875 | -97.0% |
| Remuneration and social security | 454/9 | €605,842 | €350,220 | -€255,622 | -42.2% |
| Other amounts payable | 47/48 | €47,900,134 | - | -€47.9m | |
| Accrued charges and deferred income | 492/3 | €292,800 | - | -€292,800 | |
| Operating income | 70/76A | €8,322,524 | €7,950,106 | -€372,418 | -4.5% |
| Turnover | 70 | €5,844,278 | €5,629,297 | -€214,981 | -3.7% |
| Other operating income | 74 | €2,478,247 | €2,320,809 | -€157,437 | -6.4% |
| Operating charges | 60/66A | €7,835,376 | €8,406,751 | +€571,375 | +7.3% |
| Services and other goods | 61 | €2,612,188 | €2,425,260 | -€186,928 | -7.2% |
| Remuneration, social security and pensions | 62 | €4,951,466 | €5,884,887 | +€933,421 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,788 | €32,361 | -€16,427 | -33.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,057 | +€16,057 | |
| Other operating charges | 640/8 | €222,935 | €48,186 | -€174,749 | -78.4% |
| Operating profit (loss) | 9901 | €487,148 | -€456,645 | -€943,793 | |
| Financial income | 75/76B | €2,301,287 | €280,736,219 | +€278.4m | +12099.1% |
| Recurring financial income | 75 | €2,300,794 | €280,673,642 | +€278.4m | +12099.0% |
| Income from financial fixed assets | 750 | €1,316,880 | €279,784,084 | +€278.5m | +21146.0% |
| Income from current assets | 751 | €983,914 | €684,524 | -€299,390 | -30.4% |
| Other financial income | 752/9 | - | €205,033 | +€205,033 | |
| Non-recurring financial income | 76B | €493 | €62,577 | +€62,084 | +12594.4% |
| Financial charges | 65/66B | €1,885,372 | €1,088,868 | -€796,504 | -42.2% |
| Recurring financial charges | 65 | €1,885,372 | €1,088,868 | -€796,504 | -42.2% |
| Debt charges | 650 | €1,766,049 | €852,535 | -€913,515 | -51.7% |
| Other financial charges | 652/9 | €119,322 | €236,333 | +€117,011 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €903,063 | €279,190,706 | +€278.3m | +30816.0% |
| Income taxes | 67/77 | €252,173 | -€1,385 | -€253,558 | |
| Taxes | 670/3 | €268,342 | - | -€268,342 | |
| Tax adjustments and reversals of tax provisions | 77 | €16,168 | €1,385 | -€14,783 | -91.4% |
| Profit (loss) for the period | 9904 | €650,890 | €279,192,091 | +€278.5m | +42793.9% |
| Profit (loss) for the period to be appropriated | 9905 | €650,890 | €279,192,091 | +€278.5m | +42793.9% |
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 1 October 2026 via checked.be.