SADINTER-SOGECOMEX: 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.
What changed
SADINTER-SOGECOMEX
NACE 46.643, Wholesale of electrical equipment, including installation materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€151,864
2024 · €310,304-€158,440
Equity
€1.9m
2024 · €1.8m+€151,864
Cash
€270,865
2024 · €113,744+€157,122
Balance sheet total
€5.3m
2024 · €4.7m+€634,716
Largest movements
Assets
- Receivables within one year +€274,992
up €274,992 (+23.6%), from €1.2m to €1.4m
of which Trade receivables: +€219,129
- Cash +€157,122
up €157,122 (+138%), from €113,744 to €270,865
mainly Short-term financial debts (+€540,486) and Net result for the year (+€151,864)
- Stocks and contracts +€113,853
up €113,853 (+3.5%), from €3.2m to €3.3m
- Tangible fixed assets +€71,651
up €71,651 (+846%), from €8,473 to €80,124
Equity and liabilities
- Short-term financial debts +€540,486
up €540,486 (+95.1%), from €568,120 to €1.1m
- Reserves +€151,864
up €151,864 (+23.3%), from €650,724 to €802,589
of which Distributable reserves: +€151,864
- Other debts -€107,593
down €107,593 (-40.9%), from €263,379 to €155,786
Income statement
- Turnover +€938,506
up €938,506 (+7.7%), from €12.2m to €13.2m
- Goods and materials +€731,456
up €731,456 (+9.1%), from €8.0m to €8.8m
of which Purchases: +€554,698
- Staff costs +€413,913
up €413,913 (+21.4%), from €1.9m to €2.3m
- Other operating income +€263,386
up €263,386 (+36.1%), from €729,688 to €993,075
- Services and other goods +€179,363
up €179,363 (+7.5%), from €2.4m to €2.6m
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.
Result 2024
€310,304
Turnover
+€938,506
Other operating income
+€263,386
Goods and materials
-€731,456
Services and other goods
-€179,363
Staff costs
-€413,913
Depreciation
-€3,221
Write-downs
-€74,472
Other operating charges
+€1,184
Financial income
-€4,972
Financial charges
+€2,730
Taxes
+€43,152
Result 2025
€151,864
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€302,797
Investment
-€80,567
Financing
+€540,486
Cash 2024
€113,744
From operations (derived)
-€302,797
Net result for the year
+€151,864
Depreciation
+€6,945
Stocks and contracts
-€113,853
Receivables within one year
-€274,992
Deferred charges and accrued income
-€15,127
Trade debts
+€33,247
Tax, wage and social debts
+€10,125
Advances received
+€5,222
Other debts
-€107,593
Accrued charges and deferred income
+€1,365
Investment (derived)
-€80,567
Investment in fixed assets (net)
-€80,567
Financing
+€540,486
Short-term financial debts
+€540,486
Cash 2025
€270,865
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,652,458 | €5,287,174 | +€634,716 | +13.6% |
| Fixed assets | 21/28 | €54,771 | €128,394 | +€73,622 | +134% |
| Tangible fixed assets | 22/27 | €8,473 | €80,124 | +€71,651 | +846% |
| Plant, machinery and equipment | 23 | €1,793 | €13,173 | +€11,380 | +635% |
| Furniture and vehicles | 24 | €4,229 | €34,340 | +€30,111 | +712% |
| Other tangible fixed assets | 26 | €2,451 | €7,007 | +€4,556 | +186% |
| Assets under construction and advance payments | 27 | - | €25,605 | +€25,605 | |
| Financial fixed assets | 28 | €46,299 | €48,270 | +€1,971 | +4.3% |
| Other financial fixed assets | 284/8 | €46,299 | €48,270 | +€1,971 | +4.3% |
| Amounts receivable and cash guarantees | 285/8 | €46,299 | €48,270 | +€1,971 | +4.3% |
| Current assets | 29/58 | €4,597,686 | €5,158,780 | +€561,094 | +12.2% |
| Stocks and contracts in progress | 3 | €3,216,823 | €3,330,676 | +€113,853 | +3.5% |
| Stocks | 30/36 | €3,216,823 | €3,330,676 | +€113,853 | +3.5% |
| Goods purchased for resale | 34 | €3,053,134 | €3,051,660 | -€1,474 | 0.0% |
| Advance payments | 36 | €163,689 | €279,016 | +€115,327 | +70.5% |
| Amounts receivable within one year | 40/41 | €1,166,240 | €1,441,232 | +€274,992 | +23.6% |
| Trade receivables | 40 | €1,159,448 | €1,378,577 | +€219,129 | +18.9% |
| Other amounts receivable | 41 | €6,792 | €62,656 | +€55,863 | +822% |
| Cash at bank and in hand | 54/58 | €113,744 | €270,865 | +€157,122 | +138% |
| Deferred charges and accrued income | 490/1 | €100,879 | €116,007 | +€15,127 | +15.0% |
| Total equity and liabilities | 10/49 | €4,652,458 | €5,287,174 | +€634,716 | +13.6% |
| Equity | 10/15 | €1,790,154 | €1,942,019 | +€151,864 | +8.5% |
| Contributions | 10/11 | €1,139,430 | €1,139,430 | = | 0.0% |
| Capital | 10 | €1,139,430 | €1,139,430 | = | 0.0% |
| Issued capital | 100 | €1,139,430 | €1,139,430 | = | 0.0% |
| Reserves | 13 | €650,724 | €802,589 | +€151,864 | +23.3% |
| Non-distributable reserves | 130/1 | €113,944 | €113,944 | = | 0.0% |
| Legal reserve | 130 | €113,944 | €113,944 | = | 0.0% |
| Distributable reserves | 133 | €536,780 | €688,645 | +€151,864 | +28.3% |
| Amounts payable | 17/49 | €2,862,303 | €3,345,155 | +€482,852 | +16.9% |
| Amounts payable within one year | 42/48 | €2,860,821 | €3,342,307 | +€481,486 | +16.8% |
| Financial debts | 43 | €568,120 | €1,108,606 | +€540,486 | +95.1% |
| Credit institutions | 430/8 | €568,120 | €1,108,606 | +€540,486 | +95.1% |
| Trade debts | 44 | €1,556,204 | €1,589,452 | +€33,247 | +2.1% |
| Suppliers | 440/4 | €1,556,204 | €1,589,452 | +€33,247 | +2.1% |
| Advances received on contracts in progress | 46 | - | €5,222 | +€5,222 | |
| Taxes, remuneration and social security | 45 | €473,117 | €483,242 | +€10,125 | +2.1% |
| Taxes | 450/3 | €180,904 | €73,830 | -€107,073 | -59.2% |
| Remuneration and social security | 454/9 | €292,214 | €409,411 | +€117,198 | +40.1% |
| Other amounts payable | 47/48 | €263,379 | €155,786 | -€107,593 | -40.9% |
| Accrued charges and deferred income | 492/3 | €1,482 | €2,848 | +€1,365 | +92.1% |
| Operating income | 70/76A | €12,957,040 | €14,158,932 | +€1.2m | +9.3% |
| Turnover | 70 | €12,227,352 | €13,165,857 | +€938,506 | +7.7% |
| Other operating income | 74 | €729,688 | €993,075 | +€263,386 | +36.1% |
| Operating charges | 60/66A | €12,399,856 | €13,801,098 | +€1.4m | +11.3% |
| Goods for resale, raw materials and consumables | 60 | €8,049,234 | €8,780,690 | +€731,456 | +9.1% |
| Purchases | 600/8 | €8,246,472 | €8,801,170 | +€554,698 | +6.7% |
| Change in stocks: decrease (increase) | 609 | -€197,238 | -€20,480 | +€176,758 | +89.6% |
| Services and other goods | 61 | €2,400,657 | €2,580,020 | +€179,363 | +7.5% |
| Remuneration, social security and pensions | 62 | €1,932,883 | €2,346,796 | +€413,913 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,724 | €6,945 | +€3,221 | +86.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€52,517 | €21,955 | +€74,472 | |
| Other operating charges | 640/8 | €65,876 | €64,692 | -€1,184 | -1.8% |
| Operating profit (loss) | 9901 | €557,184 | €357,835 | -€199,349 | -35.8% |
| Financial income | 75/76B | €5,879 | €907 | -€4,972 | -84.6% |
| Recurring financial income | 75 | €5,879 | €907 | -€4,972 | -84.6% |
| Other financial income | 752/9 | €5,879 | €907 | -€4,972 | -84.6% |
| Financial charges | 65/66B | €121,301 | €118,571 | -€2,730 | -2.3% |
| Recurring financial charges | 65 | €121,301 | €118,571 | -€2,730 | -2.3% |
| Debt charges | 650 | €101,902 | €107,010 | +€5,107 | +5.0% |
| Other financial charges | 652/9 | €19,399 | €11,561 | -€7,837 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €441,762 | €240,171 | -€201,591 | -45.6% |
| Income taxes | 67/77 | €131,458 | €88,306 | -€43,152 | -32.8% |
| Taxes | 670/3 | €135,000 | €88,306 | -€46,694 | -34.6% |
| Tax adjustments and reversals of tax provisions | 77 | €3,542 | - | -€3,542 | |
| Profit (loss) for the period | 9904 | €310,304 | €151,864 | -€158,440 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €310,304 | €151,864 | -€158,440 | -51.1% |
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 23 October 2026 via checked.be.