In the present study, experiments of membraneless alkaline sono-electrolysis are combined to a mathematical model describing the performance of a sono-electrolyzer based on the electrochemical resistances and overpotentials (activation, Ohmic and concentration) and the oscillation of the acoustic cavitation bubble, and its related sono-physical and sonochemical effects, as a single unit and within population. The study aims to elucidate the mechanism of action of acoustic cavitation when coupled to alkaline electrolysis, using a membraneless H-cell configuration and indirect continuous sonication (40 kHz, 60 We). The calorimetric characterization constituted the bridge between experimental results and the numerical and simulation approach, while the quantification of the rate of produced hydrogen both experimentally and numerically highlighted the absence of the contribution of sonochemistry, and explained the role of ultrasounds by the action of shockwaves and microjets. Finally, the energetic sono-physical approach allowed an estimation of the predominance of the shockwaves and microjets effects according to the bubble size distribution within the population corresponding to the acoustic conditions of the study. The resulting macroscopic effect in sono-electrolysis process has been assessed considering the induced degassing. A reduction in the fraction of electrodes’ coverage by bubbles from 76% to 42% has been recorded, corresponding to a decrease of 7.2% in Ohmic resistance and 62.35% in bubble resistance.