SOGAL: 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.
SOGAL
Largest movements
- Receivables within one year +€12,911
up €12,911 (+213%), from €6,056 to €18,967
- Cash +€1,332
up €1,332 (+63.2%), from €2,109 to €3,441
mainly Net result for the year (+€12,190) and Tax, wage and social debts (+€2,575)
- Tangible fixed assets -€953
down €953 (-45.3%), from €2,104 to €1,151
- Profit (loss) carried forward +€12,190
up €12,190 (+14.6%), from -€83,261 to -€71,072
- Tax, wage and social debts +€2,575
up €2,575 (+271%), from €951 to €3,527
of which Taxes: +€1,916
- Trade debts -€1,153
down €1,153 (-46.9%), from €2,459 to €1,306
- Other debts -€252
down €252 (-1.7%), from €14,621 to €14,369
- Purchases and services +€29,268
new in 2025: €29,268
- Gross operating margin +€9,266
up €9,266 (+231%), from €4,010 to €13,277
- Depreciation -€1,040
down €1,040 (-52.2%), from €1,994 to €953
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 | €11,270 | €24,630 | +€13,360 | +119% |
| Fixed assets | 21/28 | €3,104 | €2,222 | -€882 | -28.4% |
| Intangible fixed assets | 21 | - | €71 | +€71 | |
| Tangible fixed assets | 22/27 | €2,104 | €1,151 | -€953 | -45.3% |
| Furniture and vehicles | 24 | €2,104 | €1,151 | -€953 | -45.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €8,165 | €22,408 | +€14,243 | +174% |
| Amounts receivable within one year | 40/41 | €6,056 | €18,967 | +€12,911 | +213% |
| Trade receivables | 40 | €6,056 | €18,967 | +€12,911 | +213% |
| Cash at bank and in hand | 54/58 | €2,109 | €3,441 | +€1,332 | +63.2% |
| Total equity and liabilities | 10/49 | €11,270 | €24,630 | +€13,360 | +119% |
| Equity | 10/15 | -€6,761 | €5,428 | +€12,190 | |
| Contributions | 10/11 | €76,500 | €76,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,261 | -€71,072 | +€12,190 | +14.6% |
| Amounts payable | 17/49 | €18,031 | €19,202 | +€1,171 | +6.5% |
| Amounts payable within one year | 42/48 | €18,031 | €19,202 | +€1,171 | +6.5% |
| Trade debts | 44 | €2,459 | €1,306 | -€1,153 | -46.9% |
| Suppliers | 440/4 | €2,459 | €1,306 | -€1,153 | -46.9% |
| Taxes, remuneration and social security | 45 | €951 | €3,527 | +€2,575 | +271% |
| Taxes | 450/3 | €951 | €2,868 | +€1,916 | +201% |
| Remuneration and social security | 454/9 | - | €659 | +€659 | |
| Other amounts payable | 47/48 | €14,621 | €14,369 | -€252 | -1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €29,268 | +€29,268 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €953 | -€1,040 | -52.2% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €4,010 | €13,277 | +€9,266 | +231% |
| Operating profit (loss) | 9901 | €1,967 | €12,323 | +€10,357 | +527% |
| Financial charges | 65/66B | €120 | €134 | +€14 | +11.3% |
| Recurring financial charges | 65 | €120 | €134 | +€14 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €1,847 | €12,190 | +€10,343 | +560% |
| Profit (loss) for the period | 9904 | €1,847 | €12,190 | +€10,343 | +560% |
| Profit (loss) for the period to be appropriated | 9905 | €1,847 | €12,190 | +€10,343 | +560% |
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.