Sonoho: 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.
Sonoho
Largest movements
- Receivables within one year -€76,781
down €76,781 (-50.8%), from €151,289 to €74,508
of which Trade receivables: -€82,503
- Cash -€56,709
down €56,709 (-56.4%), from €100,607 to €43,898
mainly Net result for the year (-€82,522) and Debts after one year (-€28,833)
- Tangible fixed assets -€20,155
down €20,155 (-6.2%), from €325,927 to €305,773
of which Plant, machinery and equipment: -€12,650
- Reserves -€82,522
down €82,522 (-60.4%), from €136,585 to €54,063
- Debts after one year -€28,833
down €28,833 (-13.5%), from €213,115 to €184,282
- Tax, wage and social debts -€22,812
down €22,812 (-58.8%), from €38,828 to €16,016
- Trade debts -€13,439
down €13,439 (-77.3%), from €17,397 to €3,958
- Gross operating margin -€124,771
down €124,771, from €74,713 to -€50,058
- Taxes -€14,361
down €14,361 (-98.1%), from €14,634 to €273
- Other operating charges +€4,323
up €4,323 (+144%), from €3,001 to €7,324
- Financial income +€2,100
up €2,100 (+748%), from €281 to €2,381
- Depreciation -€778
down €778 (-3.7%), from €21,092 to €20,314
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €630,176 | €483,504 | -€146,672 | -23.3% |
| Fixed assets | 21/28 | €334,177 | €317,222 | -€16,955 | -5.1% |
| Intangible fixed assets | 21 | - | €1,949 | +€1,949 | |
| Tangible fixed assets | 22/27 | €325,927 | €305,773 | -€20,155 | -6.2% |
| Land and buildings | 22 | €242,649 | €237,006 | -€5,643 | -2.3% |
| Plant, machinery and equipment | 23 | €80,153 | €67,503 | -€12,650 | -15.8% |
| Furniture and vehicles | 24 | €3,125 | €1,264 | -€1,861 | -59.6% |
| Financial fixed assets | 28 | €8,250 | €9,500 | +€1,250 | +15.2% |
| Current assets | 29/58 | €295,999 | €166,282 | -€129,717 | -43.8% |
| Stocks and contracts in progress | 3 | €43,651 | €47,401 | +€3,751 | +8.6% |
| Stocks | 30/36 | €43,651 | €47,401 | +€3,751 | +8.6% |
| Amounts receivable within one year | 40/41 | €151,289 | €74,508 | -€76,781 | -50.8% |
| Trade receivables | 40 | €151,043 | €68,540 | -€82,503 | -54.6% |
| Other amounts receivable | 41 | €246 | €5,967 | +€5,722 | +2,328% |
| Cash at bank and in hand | 54/58 | €100,607 | €43,898 | -€56,709 | -56.4% |
| Deferred charges and accrued income | 490/1 | €452 | €475 | +€23 | +5.0% |
| Total equity and liabilities | 10/49 | €630,176 | €483,504 | -€146,672 | -23.3% |
| Equity | 10/15 | €155,185 | €72,663 | -€82,522 | -53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,585 | €54,063 | -€82,522 | -60.4% |
| Distributable reserves | 133 | €136,585 | €54,063 | -€82,522 | -60.4% |
| Amounts payable | 17/49 | €474,991 | €410,841 | -€64,150 | -13.5% |
| Amounts payable after more than one year | 17 | €213,115 | €184,282 | -€28,833 | -13.5% |
| Financial debts | 170/4 | €213,115 | €184,282 | -€28,833 | -13.5% |
| Amounts payable within one year | 42/48 | €261,876 | €226,559 | -€35,317 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €28,253 | €28,833 | +€580 | +2.1% |
| Trade debts | 44 | €17,397 | €3,958 | -€13,439 | -77.3% |
| Suppliers | 440/4 | €17,397 | €3,958 | -€13,439 | -77.3% |
| Taxes, remuneration and social security | 45 | €38,828 | €16,016 | -€22,812 | -58.8% |
| Taxes | 450/3 | €38,828 | €16,016 | -€22,812 | -58.8% |
| Other amounts payable | 47/48 | €177,399 | €177,752 | +€353 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,092 | €20,314 | -€778 | -3.7% |
| Other operating charges | 640/8 | €3,001 | €7,324 | +€4,323 | +144% |
| Gross operating margin | 9900 | €74,713 | -€50,058 | -€124,771 | |
| Operating profit (loss) | 9901 | €50,620 | -€77,695 | -€128,316 | |
| Financial income | 75/76B | €281 | €2,381 | +€2,100 | +748% |
| Recurring financial income | 75 | €281 | €2,381 | +€2,100 | +748% |
| Financial charges | 65/66B | €6,780 | €6,934 | +€155 | +2.3% |
| Recurring financial charges | 65 | €6,780 | €6,934 | +€155 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €44,122 | -€82,249 | -€126,371 | |
| Income taxes | 67/77 | €14,634 | €273 | -€14,361 | -98.1% |
| Profit (loss) for the period | 9904 | €29,488 | -€82,522 | -€112,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,488 | -€82,522 | -€112,010 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.