SONVAN: what changed
What changed
SONVAN
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€13,124
2024 · -€16,286+€3,162
Equity
-€19,653
2024 · -€6,530-€13,124
Cash
€21,902
2024 · €18,462+€3,440
Balance sheet total
€69,065
2024 · €64,195+€4,870
Largest movements
Assets
- Receivables within one year -€27,659
down €27,659 (-71.7%), from €38,581 to €10,921
- Tangible fixed assets +€19,015
new in 2025: €19,015
- Deferred charges and accrued income +€8,191
up €8,191 (+435%), from €1,885 to €10,076
- Cash +€3,440
up €3,440 (+18.6%), from €18,462 to €21,902
mainly Receivables within one year (+€27,659) and Debts after one year (+€13,101)
- Stocks and contracts +€1,883
up €1,883 (+35.8%), from €5,253 to €7,136
Equity and liabilities
- Profit (loss) carried forward -€13,124
down €13,124 (-12.3%), from -€106,764 to -€119,887
- Debts after one year +€13,101
new in 2025: €13,101
- Current portion of long-term debt +€4,134
new in 2025: €4,134
- Other debts +€3,813
up €3,813 (+9.9%), from €38,623 to €42,437
- Trade debts -€3,419
down €3,419 (-13.8%), from €24,755 to €21,337
Income statement
- Gross operating margin +€7,471
up €7,471 (+51.5%), from -€14,518 to -€7,048
- Depreciation +€3,885
new in 2025: €3,885
- Financial charges +€750
up €750 (+227%), from €330 to €1,080
- Other operating charges -€365
down €365 (-24.7%), from €1,476 to €1,111
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€16,286
Gross operating margin
+€7,471
Depreciation
-€3,885
Other operating charges
+€365
Financial income
-€38
Financial charges
-€750
Result 2025
-€13,124
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9,105
Investment
-€22,900
Financing
+€17,235
Cash 2024
€18,462
From operations (derived)
+€9,105
Net result for the year
-€13,124
Depreciation
+€3,885
Stocks and contracts
-€1,883
Receivables within one year
+€27,659
Deferred charges and accrued income
-€8,191
Trade debts
-€3,419
Tax, wage and social debts
+€363
Other debts
+€3,813
Investment (derived)
-€22,900
Investment in fixed assets (net)
-€22,900
Financing
+€17,235
Debts after one year
+€13,101
Current portion of long-term debt
+€4,134
Cash 2025
€21,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,195 | €69,065 | +€4,870 | +7.6% |
| Fixed assets | 21/28 | €15 | €19,030 | +€19,015 | +126,769% |
| Tangible fixed assets | 22/27 | - | €19,015 | +€19,015 | |
| Furniture and vehicles | 24 | - | €19,015 | +€19,015 | |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €64,180 | €50,035 | -€14,145 | -22.0% |
| Stocks and contracts in progress | 3 | €5,253 | €7,136 | +€1,883 | +35.8% |
| Stocks | 30/36 | €5,253 | €7,136 | +€1,883 | +35.8% |
| Amounts receivable within one year | 40/41 | €38,581 | €10,921 | -€27,659 | -71.7% |
| Trade receivables | 40 | €38,581 | €10,921 | -€27,659 | -71.7% |
| Cash at bank and in hand | 54/58 | €18,462 | €21,902 | +€3,440 | +18.6% |
| Deferred charges and accrued income | 490/1 | €1,885 | €10,076 | +€8,191 | +435% |
| Total equity and liabilities | 10/49 | €64,195 | €69,065 | +€4,870 | +7.6% |
| Equity | 10/15 | -€6,530 | -€19,653 | -€13,124 | -201% |
| Contributions | 10/11 | €16,497 | €16,497 | = | 0.0% |
| Contributions outside capital | 11 | €16,497 | €16,497 | = | 0.0% |
| Other | 1109/19 | €16,497 | €16,497 | = | 0.0% |
| Reserves | 13 | €83,737 | €83,737 | = | 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% |
| Distributable reserves | 133 | €81,877 | €81,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,764 | -€119,887 | -€13,124 | -12.3% |
| Amounts payable | 17/49 | €70,725 | €88,718 | +€17,994 | +25.4% |
| Amounts payable after more than one year | 17 | - | €13,101 | +€13,101 | |
| Financial debts | 170/4 | - | €13,101 | +€13,101 | |
| Amounts payable within one year | 42/48 | €70,725 | €75,617 | +€4,892 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,134 | +€4,134 | |
| Trade debts | 44 | €24,755 | €21,337 | -€3,419 | -13.8% |
| Suppliers | 440/4 | €24,755 | €21,337 | -€3,419 | -13.8% |
| Taxes, remuneration and social security | 45 | €7,346 | €7,709 | +€363 | +4.9% |
| Taxes | 450/3 | €4,926 | €2,869 | -€2,057 | -41.8% |
| Remuneration and social security | 454/9 | €2,420 | €4,840 | +€2,420 | +100% |
| Other amounts payable | 47/48 | €38,623 | €42,437 | +€3,813 | +9.9% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,885 | +€3,885 | |
| Other operating charges | 640/8 | €1,476 | €1,111 | -€365 | -24.7% |
| Gross operating margin | 9900 | -€14,518 | -€7,048 | +€7,471 | +51.5% |
| Operating profit (loss) | 9901 | -€15,994 | -€12,043 | +€3,951 | +24.7% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €330 | €1,080 | +€750 | +227% |
| Recurring financial charges | 65 | €330 | €1,080 | +€750 | +227% |
| Profit (loss) for the period before taxes | 9903 | -€16,286 | -€13,124 | +€3,162 | +19.4% |
| Profit (loss) for the period | 9904 | -€16,286 | -€13,124 | +€3,162 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,286 | -€13,124 | +€3,162 | +19.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.