SOCIETE DE GESTION COMPTABLE: 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.
SOCIETE DE GESTION COMPTABLE
Largest movements
- Tangible fixed assets -€14,490
down €14,490 (-8.9%), from €163,118 to €148,629
of which Land and buildings: -€8,090
- Receivables after one year -€8,733
down €8,733 (-3.7%), from €237,517 to €228,785
of which Other amounts receivable: -€11,243
- Provisions -€33,782
down €33,782 (-84.8%), from €39,853 to €6,071
- Reserves +€13,155
up €13,155 (+4.6%), from €287,227 to €300,382
of which Distributable reserves: +€114,500
- Other debts -€6,500
no longer reported in 2025 (was €6,500)
- Short-term financial debts -€5,423
no longer reported in 2025 (was €5,423)
- Gross operating margin -€5,504
down €5,504 (-1,476%), from -€373 to -€5,877
- Other operating charges -€3,250
down €3,250 (-51.8%), from €6,271 to €3,022
- Depreciation -€1,940
down €1,940 (-19.3%), from €10,030 to €8,090
- Financial charges +€489
up €489 (+65.4%), from €748 to €1,236
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,190 | €390,666 | -€28,524 | -6.8% |
| Fixed assets | 21/28 | €163,299 | €148,809 | -€14,490 | -8.9% |
| Tangible fixed assets | 22/27 | €163,118 | €148,629 | -€14,490 | -8.9% |
| Land and buildings | 22 | €156,719 | €148,629 | -€8,090 | -5.2% |
| Furniture and vehicles | 24 | €6,399 | - | -€6,399 | |
| Financial fixed assets | 28 | €181 | €181 | = | 0.0% |
| Current assets | 29/58 | €255,891 | €241,857 | -€14,034 | -5.5% |
| Amounts receivable after more than one year | 29 | €237,517 | €228,785 | -€8,733 | -3.7% |
| Trade receivables | 290 | €4,262 | €6,773 | +€2,511 | +58.9% |
| Other amounts receivable | 291 | €233,255 | €222,012 | -€11,243 | -4.8% |
| Amounts receivable within one year | 40/41 | €11,149 | €9,594 | -€1,554 | -13.9% |
| Trade receivables | 40 | €5,175 | €4,982 | -€193 | -3.7% |
| Other amounts receivable | 41 | €5,974 | €4,612 | -€1,362 | -22.8% |
| Cash at bank and in hand | 54/58 | €7,225 | €3,173 | -€4,052 | -56.1% |
| Deferred charges and accrued income | 490/1 | - | €305 | +€305 | |
| Total equity and liabilities | 10/49 | €419,190 | €390,666 | -€28,524 | -6.8% |
| Equity | 10/15 | €361,280 | €376,277 | +€14,998 | +4.2% |
| Contributions | 10/11 | €72,398 | €72,398 | = | 0.0% |
| Reserves | 13 | €287,227 | €300,382 | +€13,155 | +4.6% |
| Tax-exempt reserves | 132 | €127,727 | €26,382 | -€101,345 | -79.3% |
| Distributable reserves | 133 | €159,500 | €274,000 | +€114,500 | +71.8% |
| Profit (loss) carried forward | 14 | €1,656 | €3,498 | +€1,842 | +111% |
| Provisions and deferred taxes | 16 | €39,853 | €6,071 | -€33,782 | -84.8% |
| Deferred taxes | 168 | €39,853 | €6,071 | -€33,782 | -84.8% |
| Amounts payable | 17/49 | €18,058 | €8,318 | -€9,740 | -53.9% |
| Amounts payable within one year | 42/48 | €15,939 | €7,078 | -€8,861 | -55.6% |
| Financial debts | 43 | €5,423 | - | -€5,423 | |
| Other loans | 439 | €5,423 | - | -€5,423 | |
| Trade debts | 44 | €262 | €3,907 | +€3,645 | +1,391% |
| Suppliers | 440/4 | €262 | €3,907 | +€3,645 | +1,391% |
| Taxes, remuneration and social security | 45 | €3,754 | €3,172 | -€583 | -15.5% |
| Taxes | 450/3 | €3,754 | €3,172 | -€583 | -15.5% |
| Other amounts payable | 47/48 | €6,500 | - | -€6,500 | |
| Accrued charges and deferred income | 492/3 | €2,119 | €1,240 | -€879 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,030 | €8,090 | -€1,940 | -19.3% |
| Other operating charges | 640/8 | €6,271 | €3,022 | -€3,250 | -51.8% |
| Gross operating margin | 9900 | -€373 | -€5,877 | -€5,504 | -1,476% |
| Operating profit (loss) | 9901 | -€16,674 | -€16,989 | -€314 | -1.9% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €748 | €1,236 | +€489 | +65.4% |
| Recurring financial charges | 65 | €748 | €1,236 | +€489 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,422 | -€18,205 | -€783 | -4.5% |
| Transfer from deferred taxes | 780 | - | €33,782 | +€33,782 | |
| Income taxes | 67/77 | €540 | €579 | +€39 | +7.3% |
| Profit (loss) for the period | 9904 | -€17,962 | €14,998 | +€32,959 | |
| Transfer from tax-exempt reserves | 789 | - | €101,345 | +€101,345 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,962 | €116,342 | +€134,304 |
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 24 October 2026 via checked.be.