SOGECHEM: what changed
Two fiscal 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
SOGECHEM
NACE 46.190, Agents in non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,274
2024 · €84,851-€6,576
Equity
€2.1m
2024 · €2.0m+€78,274
Cash
€3,244
2024 · €9,446-€6,202
Balance sheet total
€3.1m
2024 · €2.9m+€230,533
Largest movements
Assets
- Receivables within one year +€266,283
up €266,283 (+69.3%), from €384,004 to €650,286
of which Other amounts receivable: +€249,633
Equity and liabilities
- Other debts +€160,000
up €160,000 (+47.9%), from €334,200 to €494,200
- Reserves +€78,274
up €78,274 (+8.4%), from €926,348 to €1.0m
of which Distributable reserves: +€94,536
Income statement
- Gross operating margin -€11,045
down €11,045 (-9.2%), from €119,668 to €108,622
- Taxes -€9,960
down €9,960 (-17.0%), from €58,535 to €48,575
- Financial charges +€8,383
up €8,383 (+183.0%), from €4,580 to €12,963
- Financial income +€8,376
up €8,376 (+16.0%), from €52,185 to €60,561
- Depreciation +€3,851
up €3,851 (+14.3%), from €26,984 to €30,835
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
€84,851
Gross operating margin
-€11,045
Depreciation
-€3,851
Other operating charges
-€1,633
Financial income
+€8,376
Financial charges
-€8,383
Taxes
+€9,960
Result 2025
€78,274
Cash bridge derived
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
+€18,933
Investment
€0
Financing
-€25,135
Cash 2024
€9,446
From operations (derived)
+€18,933
Net result for the year
+€78,274
Depreciation
+€30,835
Receivables within one year
-€266,283
Deferred charges and accrued income
-€1,286
Provisions
-€5,421
Trade debts
+€1,198
Tax, wage and social debts
+€21,616
Other debts
+€160,000
Financing
-€25,135
Debts after one year
-€26,367
Current portion of long-term debt
+€1,232
Cash 2025
€3,244
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,871,786 | €3,102,319 | +€230,533 | +8.0% |
| Fixed assets | 21/28 | €1,067,794 | €1,036,959 | -€30,835 | -2.9% |
| Tangible fixed assets | 22/27 | €849,745 | €818,910 | -€30,835 | -3.6% |
| Land and buildings | 22 | €813,709 | €792,026 | -€21,683 | -2.7% |
| Furniture and vehicles | 24 | €36,036 | €26,884 | -€9,152 | -25.4% |
| Financial fixed assets | 28 | €218,049 | €218,049 | = | 0.0% |
| Current assets | 29/58 | €1,803,992 | €2,065,359 | +€261,367 | +14.5% |
| Amounts receivable after more than one year | 29 | €1,407,000 | €1,407,000 | = | 0.0% |
| Trade receivables | 290 | €1,407,000 | - | -€1.4m | |
| Other amounts receivable | 291 | - | €1,407,000 | +€1.4m | |
| Amounts receivable within one year | 40/41 | €384,004 | €650,286 | +€266,283 | +69.3% |
| Trade receivables | 40 | €8,350 | €25,000 | +€16,650 | +199.4% |
| Other amounts receivable | 41 | €375,654 | €625,286 | +€249,633 | +66.5% |
| Cash at bank and in hand | 54/58 | €9,446 | €3,244 | -€6,202 | -65.7% |
| Deferred charges and accrued income | 490/1 | €3,543 | €4,829 | +€1,286 | +36.3% |
| Total equity and liabilities | 10/49 | €2,871,786 | €3,102,319 | +€230,533 | +8.0% |
| Equity | 10/15 | €2,012,041 | €2,090,316 | +€78,274 | +3.9% |
| Contributions | 10/11 | €78,086 | €78,086 | = | 0.0% |
| Reserves | 13 | €926,348 | €1,004,623 | +€78,274 | +8.4% |
| Non-distributable reserves | 130/1 | €16,276 | €16,276 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,276 | €16,276 | = | 0.0% |
| Tax-exempt reserves | 132 | €489,758 | €473,496 | -€16,262 | -3.3% |
| Distributable reserves | 133 | €420,314 | €514,850 | +€94,536 | +22.5% |
| Profit (loss) carried forward | 14 | €1,007,606 | €1,007,606 | = | 0.0% |
| Provisions and deferred taxes | 16 | €163,253 | €157,832 | -€5,421 | -3.3% |
| Deferred taxes | 168 | €163,253 | €157,832 | -€5,421 | -3.3% |
| Amounts payable | 17/49 | €696,492 | €854,171 | +€157,679 | +22.6% |
| Amounts payable after more than one year | 17 | €250,905 | €224,538 | -€26,367 | -10.5% |
| Financial debts | 170/4 | €250,905 | €224,538 | -€26,367 | -10.5% |
| Amounts payable within one year | 42/48 | €445,587 | €629,633 | +€184,046 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €25,135 | €26,367 | +€1,232 | +4.9% |
| Trade debts | 44 | €3,268 | €4,466 | +€1,198 | +36.7% |
| Suppliers | 440/4 | €3,268 | €4,466 | +€1,198 | +36.7% |
| Taxes, remuneration and social security | 45 | €82,984 | €104,600 | +€21,616 | +26.0% |
| Taxes | 450/3 | €82,984 | €104,600 | +€21,616 | +26.0% |
| Other amounts payable | 47/48 | €334,200 | €494,200 | +€160,000 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,984 | €30,835 | +€3,851 | +14.3% |
| Other operating charges | 640/8 | €2,324 | €3,957 | +€1,633 | +70.3% |
| Gross operating margin | 9900 | €119,668 | €108,622 | -€11,045 | -9.2% |
| Operating profit (loss) | 9901 | €90,360 | €73,830 | -€16,530 | -18.3% |
| Financial income | 75/76B | €52,185 | €60,561 | +€8,376 | +16.0% |
| Recurring financial income | 75 | €52,185 | €60,561 | +€8,376 | +16.0% |
| Financial charges | 65/66B | €4,580 | €12,963 | +€8,383 | +183.0% |
| Recurring financial charges | 65 | €4,580 | €12,963 | +€8,383 | +183.0% |
| Profit (loss) for the period before taxes | 9903 | €137,965 | €121,429 | -€16,537 | -12.0% |
| Transfer from deferred taxes | 780 | €5,421 | €5,421 | = | 0.0% |
| Income taxes | 67/77 | €58,535 | €48,575 | -€9,960 | -17.0% |
| Profit (loss) for the period | 9904 | €84,851 | €78,274 | -€6,576 | -7.8% |
| Transfer from tax-exempt reserves | 789 | €16,262 | €16,262 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,113 | €94,536 | -€6,576 | -6.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.