SONZAI: 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.
SONZAI
Largest movements
- Tangible fixed assets -€16,388
down €16,388 (-1.5%), from €1.1m to €1.0m
of which Land and buildings: -€23,042
- Profit (loss) carried forward -€12,085
down €12,085 (-21.2%), from -€57,138 to -€69,223
- Gross operating margin +€22,749
up €22,749 (+1826.2%), from €1,246 to €23,994
- Depreciation +€1,434
up €1,434 (+6.0%), from €23,720 to €25,155
- Other operating charges +€1,187
up €1,187 (+19.8%), from €6,012 to €7,199
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,078,023 | €1,066,421 | -€11,602 | -1.1% |
| Fixed assets | 21/28 | €1,063,511 | €1,047,123 | -€16,388 | -1.5% |
| Tangible fixed assets | 22/27 | €1,063,511 | €1,047,123 | -€16,388 | -1.5% |
| Land and buildings | 22 | €1,058,332 | €1,035,290 | -€23,042 | -2.2% |
| Plant, machinery and equipment | 23 | €5,179 | €11,833 | +€6,654 | +128.5% |
| Current assets | 29/58 | €14,512 | €19,298 | +€4,786 | +33.0% |
| Amounts receivable within one year | 40/41 | - | €3,785 | +€3,785 | |
| Other amounts receivable | 41 | - | €3,785 | +€3,785 | |
| Current investments | 50/53 | €14,512 | €15,513 | +€1,001 | +6.9% |
| Total equity and liabilities | 10/49 | €1,078,023 | €1,066,421 | -€11,602 | -1.1% |
| Equity | 10/15 | €942,862 | €930,777 | -€12,085 | -1.3% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,138 | -€69,223 | -€12,085 | -21.2% |
| Amounts payable | 17/49 | €135,161 | €135,644 | +€483 | +0.4% |
| Amounts payable after more than one year | 17 | €122,787 | €122,787 | = | 0.0% |
| Financial debts | 170/4 | €116,887 | €116,887 | = | 0.0% |
| Other amounts payable | 178/9 | €5,900 | €5,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,900 | €12,857 | +€3,956 | +44.5% |
| Trade debts | 44 | €8,900 | €12,857 | +€3,956 | +44.5% |
| Suppliers | 440/4 | €8,900 | €12,857 | +€3,956 | +44.5% |
| Accrued charges and deferred income | 492/3 | €3,473 | - | -€3,473 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,720 | €25,155 | +€1,434 | +6.0% |
| Other operating charges | 640/8 | €6,012 | €7,199 | +€1,187 | +19.8% |
| Gross operating margin | 9900 | €1,246 | €23,994 | +€22,749 | +1826.2% |
| Operating profit (loss) | 9901 | -€28,486 | -€8,359 | +€20,127 | +70.7% |
| Financial charges | 65/66B | €3,898 | €3,726 | -€172 | -4.4% |
| Recurring financial charges | 65 | €3,898 | €3,726 | -€172 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,384 | -€12,085 | +€20,299 | +62.7% |
| Profit (loss) for the period | 9904 | -€32,384 | -€12,085 | +€20,299 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,384 | -€12,085 | +€20,299 | +62.7% |
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 10 October 2026 via checked.be.