SONUWE: 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.
SONUWE
Largest movements
- Cash -€34,370
down €34,370 (-30.5%), from €112,574 to €78,204
mainly Net result for the year (-€36,200) and Investment in fixed assets (net) (-€15,490)
- Intangible fixed assets -€14,200
down €14,200 (-92.3%), from €15,383 to €1,183
- Receivables within one year +€13,582
up €13,582 (+97.2%), from €13,970 to €27,552
of which Other amounts receivable: +€10,527
- Stocks and contracts +€6,123
up €6,123 (+9.7%), from €62,958 to €69,081
- Profit (loss) carried forward -€36,200
new in 2025: -€36,200
- Debts after one year +€15,948
up €15,948 (+366.4%), from €4,353 to €20,300
- Reserves -€14,364
down €14,364 (-10.7%), from €134,747 to €120,383
of which Distributable reserves: -€14,364
- Trade debts +€2,691
up €2,691 (+11.4%), from €23,578 to €26,269
- Gross operating margin -€47,309
down €47,309 (-29.8%), from €158,923 to €111,613
- Staff costs +€8,997
up €8,997 (+8.5%), from €106,372 to €115,369
- Taxes -€7,767
down €7,767 (-97.6%), from €7,961 to €194
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 | €256,959 | €228,363 | -€28,596 | -11.1% |
| Fixed assets | 21/28 | €64,203 | €50,707 | -€13,497 | -21.0% |
| Intangible fixed assets | 21 | €15,383 | €1,183 | -€14,200 | -92.3% |
| Tangible fixed assets | 22/27 | €48,820 | €49,523 | +€703 | +1.4% |
| Plant, machinery and equipment | 23 | €18,297 | €23,745 | +€5,448 | +29.8% |
| Furniture and vehicles | 24 | €8,676 | €4,440 | -€4,236 | -48.8% |
| Other tangible fixed assets | 26 | €21,847 | €21,338 | -€509 | -2.3% |
| Current assets | 29/58 | €192,756 | €177,657 | -€15,099 | -7.8% |
| Stocks and contracts in progress | 3 | €62,958 | €69,081 | +€6,123 | +9.7% |
| Stocks | 30/36 | €62,958 | €69,081 | +€6,123 | +9.7% |
| Amounts receivable within one year | 40/41 | €13,970 | €27,552 | +€13,582 | +97.2% |
| Trade receivables | 40 | €5,305 | €8,360 | +€3,055 | +57.6% |
| Other amounts receivable | 41 | €8,665 | €19,192 | +€10,527 | +121.5% |
| Cash at bank and in hand | 54/58 | €112,574 | €78,204 | -€34,370 | -30.5% |
| Deferred charges and accrued income | 490/1 | €3,254 | €2,820 | -€434 | -13.4% |
| Total equity and liabilities | 10/49 | €256,959 | €228,363 | -€28,596 | -11.1% |
| Equity | 10/15 | €204,747 | €154,184 | -€50,563 | -24.7% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €134,747 | €120,383 | -€14,364 | -10.7% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €120,747 | €106,383 | -€14,364 | -11.9% |
| Profit (loss) carried forward | 14 | - | -€36,200 | -€36,200 | |
| Amounts payable | 17/49 | €52,212 | €74,180 | +€21,968 | +42.1% |
| Amounts payable after more than one year | 17 | €4,353 | €20,300 | +€15,948 | +366.4% |
| Financial debts | 170/4 | €4,353 | €20,300 | +€15,948 | +366.4% |
| Amounts payable within one year | 42/48 | €47,859 | €53,879 | +€6,020 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €7,766 | €9,052 | +€1,286 | +16.6% |
| Trade debts | 44 | €23,578 | €26,269 | +€2,691 | +11.4% |
| Suppliers | 440/4 | €23,578 | €26,269 | +€2,691 | +11.4% |
| Taxes, remuneration and social security | 45 | €16,375 | €17,533 | +€1,158 | +7.1% |
| Taxes | 450/3 | €3,394 | €3,507 | +€113 | +3.3% |
| Remuneration and social security | 454/9 | €12,980 | €14,026 | +€1,046 | +8.1% |
| Other amounts payable | 47/48 | €140 | €1,025 | +€885 | +632.3% |
| Remuneration, social security and pensions | 62 | €106,372 | €115,369 | +€8,997 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,887 | €28,986 | +€1,099 | +3.9% |
| Other operating charges | 640/8 | €1,832 | €2,439 | +€607 | +33.1% |
| Non-recurring operating charges | 66A | €469 | €516 | +€47 | +10.0% |
| Gross operating margin | 9900 | €158,923 | €111,613 | -€47,309 | -29.8% |
| Operating profit (loss) | 9901 | €22,362 | -€35,696 | -€58,059 | |
| Financial income | 75/76B | €60 | €75 | +€15 | +24.3% |
| Recurring financial income | 75 | €60 | €75 | +€15 | +24.3% |
| Financial charges | 65/66B | €404 | €384 | -€21 | -5.1% |
| Recurring financial charges | 65 | €404 | €384 | -€21 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €22,018 | -€36,005 | -€58,024 | |
| Income taxes | 67/77 | €7,961 | €194 | -€7,767 | -97.6% |
| Profit (loss) for the period | 9904 | €14,057 | -€36,200 | -€50,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,057 | -€36,200 | -€50,257 |
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 6 October 2026 via checked.be.