SOGEDURS: 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.
SOGEDURS
Largest movements
- Tangible fixed assets -€11,862
down €11,862 (-27.2%), from €43,603 to €31,741
- Cash +€8,847
up €8,847 (+30.6%), from €28,891 to €37,739
mainly Depreciation (+€13,721) and Net result for the year (+€11,722)
- Current investments +€8,000
up €8,000 (+200%), from €4,000 to €12,000
- Receivables within one year +€5,968
up €5,968 (+49.3%), from €12,101 to €18,069
of which Other amounts receivable: +€7,363
- Profit (loss) carried forward +€11,722
new in 2025: €11,722
- Tax, wage and social debts -€8,686
down €8,686 (-98.2%), from €8,846 to €160
of which Taxes: -€8,846
- Other debts +€8,078
up €8,078 (+144%), from €5,594 to €13,672
- Gross operating margin -€37,178
down €37,178 (-55.4%), from €67,086 to €29,908
- Taxes -€11,134
down €11,134 (-73.4%), from €15,161 to €4,028
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 | €90,536 | €101,033 | +€10,497 | +11.6% |
| Formation expenses | 20 | €511 | €99 | -€412 | -80.6% |
| Fixed assets | 21/28 | €43,603 | €31,741 | -€11,862 | -27.2% |
| Tangible fixed assets | 22/27 | €43,603 | €31,741 | -€11,862 | -27.2% |
| Furniture and vehicles | 24 | €43,603 | €31,741 | -€11,862 | -27.2% |
| Current assets | 29/58 | €46,421 | €69,192 | +€22,771 | +49.1% |
| Amounts receivable within one year | 40/41 | €12,101 | €18,069 | +€5,968 | +49.3% |
| Trade receivables | 40 | €12,100 | €10,705 | -€1,395 | -11.5% |
| Other amounts receivable | 41 | €1 | €7,364 | +€7,363 | +603,519% |
| Current investments | 50/53 | €4,000 | €12,000 | +€8,000 | +200% |
| Cash at bank and in hand | 54/58 | €28,891 | €37,739 | +€8,847 | +30.6% |
| Deferred charges and accrued income | 490/1 | €1,429 | €1,384 | -€45 | -3.1% |
| Total equity and liabilities | 10/49 | €90,536 | €101,033 | +€10,497 | +11.6% |
| Equity | 10/15 | €74,755 | €86,477 | +€11,722 | +15.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €72,255 | €72,255 | = | 0.0% |
| Distributable reserves | 133 | €72,255 | €72,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €11,722 | +€11,722 | |
| Amounts payable | 17/49 | €15,781 | €14,556 | -€1,225 | -7.8% |
| Amounts payable within one year | 42/48 | €15,781 | €14,556 | -€1,225 | -7.8% |
| Financial debts | 43 | €178 | €0 | -€178 | -100% |
| Credit institutions | 430/8 | €178 | €0 | -€178 | -100% |
| Trade debts | 44 | €1,162 | €723 | -€439 | -37.8% |
| Suppliers | 440/4 | €1,162 | €723 | -€439 | -37.8% |
| Taxes, remuneration and social security | 45 | €8,846 | €160 | -€8,686 | -98.2% |
| Taxes | 450/3 | €8,846 | €0 | -€8,846 | -100% |
| Remuneration and social security | 454/9 | €0 | €160 | +€160 | |
| Other amounts payable | 47/48 | €5,594 | €13,672 | +€8,078 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,269 | €13,721 | +€452 | +3.4% |
| Other operating charges | 640/8 | €159 | €141 | -€18 | -11.1% |
| Non-recurring operating charges | 66A | €1,332 | €0 | -€1,332 | -100% |
| Gross operating margin | 9900 | €67,086 | €29,908 | -€37,178 | -55.4% |
| Operating profit (loss) | 9901 | €52,327 | €16,046 | -€36,281 | -69.3% |
| Financial charges | 65/66B | €41 | €297 | +€256 | +623% |
| Recurring financial charges | 65 | €41 | €297 | +€256 | +623% |
| Profit (loss) for the period before taxes | 9903 | €52,286 | €15,749 | -€36,536 | -69.9% |
| Income taxes | 67/77 | €15,161 | €4,028 | -€11,134 | -73.4% |
| Profit (loss) for the period | 9904 | €37,125 | €11,722 | -€25,403 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,125 | €11,722 | -€25,403 | -68.4% |
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 30 October 2026 via checked.be.