Sogaleo: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Sogaleo
Largest movements
- Cash -€162,445
down €162,445 (-65.6%), from €247,635 to €85,191
mainly Other debts (-€200,146) and Contributions, distributions and other (-€33,000)
- Tangible fixed assets -€3,003
down €3,003 (-38.8%), from €7,735 to €4,732
of which Furniture and vehicles: -€2,507
- Other debts -€200,146
down €200,146 (-98.1%), from €204,066 to €3,920
- Profit (loss) carried forward +€56,354
up €56,354 (+168%), from €33,446 to €89,800
- Tax, wage and social debts -€21,710
down €21,710 (-65.5%), from €33,165 to €11,455
- Trade debts +€3,344
up €3,344 (+1,033%), from €324 to €3,668
- Gross operating margin +€17,455
up €17,455 (+17.4%), from €100,206 to €117,662
- Taxes +€4,101
up €4,101 (+21.0%), from €19,556 to €23,657
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,001 | €113,843 | -€162,158 | -58.8% |
| Fixed assets | 21/28 | €7,735 | €4,732 | -€3,003 | -38.8% |
| Tangible fixed assets | 22/27 | €7,735 | €4,732 | -€3,003 | -38.8% |
| Plant, machinery and equipment | 23 | €1,432 | €936 | -€496 | -34.6% |
| Furniture and vehicles | 24 | €6,303 | €3,796 | -€2,507 | -39.8% |
| Current assets | 29/58 | €268,266 | €109,111 | -€159,155 | -59.3% |
| Amounts receivable within one year | 40/41 | €20,056 | €22,586 | +€2,530 | +12.6% |
| Trade receivables | 40 | €20,056 | €22,586 | +€2,530 | +12.6% |
| Cash at bank and in hand | 54/58 | €247,635 | €85,191 | -€162,445 | -65.6% |
| Deferred charges and accrued income | 490/1 | €575 | €1,335 | +€760 | +132% |
| Total equity and liabilities | 10/49 | €276,001 | €113,843 | -€162,158 | -58.8% |
| Equity | 10/15 | €38,446 | €94,800 | +€56,354 | +147% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,446 | €89,800 | +€56,354 | +168% |
| Amounts payable | 17/49 | €237,555 | €19,043 | -€218,513 | -92.0% |
| Amounts payable within one year | 42/48 | €237,555 | €19,043 | -€218,513 | -92.0% |
| Trade debts | 44 | €324 | €3,668 | +€3,344 | +1,033% |
| Suppliers | 440/4 | €324 | €3,668 | +€3,344 | +1,033% |
| Taxes, remuneration and social security | 45 | €33,165 | €11,455 | -€21,710 | -65.5% |
| Taxes | 450/3 | €33,165 | €11,455 | -€21,710 | -65.5% |
| Other amounts payable | 47/48 | €204,066 | €3,920 | -€200,146 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,996 | €3,003 | +€7 | +0.2% |
| Other operating charges | 640/8 | €675 | €698 | +€23 | +3.3% |
| Gross operating margin | 9900 | €100,206 | €117,662 | +€17,455 | +17.4% |
| Operating profit (loss) | 9901 | €96,535 | €113,961 | +€17,426 | +18.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €949 | €950 | +€1 | +0.1% |
| Recurring financial charges | 65 | €949 | €950 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €95,587 | €113,011 | +€17,424 | +18.2% |
| Income taxes | 67/77 | €19,556 | €23,657 | +€4,101 | +21.0% |
| Profit (loss) for the period | 9904 | €76,031 | €89,354 | +€13,324 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,031 | €89,354 | +€13,324 | +17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.