SOGEFID: 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.
SOGEFID
Largest movements
- Cash +€53,808
up €53,808 (+247%), from €21,826 to €75,633
mainly Receivables within one year (+€38,224) and Net result for the year (+€32,238)
- Receivables within one year -€38,224
down €38,224 (-35.6%), from €107,333 to €69,109
of which Trade receivables: -€41,647
- Current investments -€8,358
down €8,358 (-22.0%), from €38,049 to €29,691
- Tangible fixed assets -€3,193
down €3,193 (-24.9%), from €12,810 to €9,617
of which Furniture and vehicles: -€1,806
- Other debts +€18,910
up €18,910 (+43.3%), from €43,707 to €62,617
- Reserves -€8,500
down €8,500 (-11.9%), from €71,360 to €62,860
of which Distributable reserves: -€8,500
- Profit (loss) carried forward -€5,762
down €5,762 (-12.8%), from €44,859 to €39,097
- Tax, wage and social debts -€2,501
down €2,501 (-87.4%), from €2,862 to €361
- Trade debts +€2,110
up €2,110 (+239%), from €883 to €2,993
- Gross operating margin +€21,816
up €21,816 (+67.9%), from €32,113 to €53,929
- Taxes +€5,299
up €5,299 (+61.8%), from €8,570 to €13,870
- Write-downs +€2,418
up €2,418 (+227%), from €1,063 to €3,481
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 | €182,272 | €186,528 | +€4,257 | +2.3% |
| Fixed assets | 21/28 | €12,860 | €9,667 | -€3,193 | -24.8% |
| Tangible fixed assets | 22/27 | €12,810 | €9,617 | -€3,193 | -24.9% |
| Furniture and vehicles | 24 | €7,264 | €5,458 | -€1,806 | -24.9% |
| Other tangible fixed assets | 26 | €5,545 | €4,159 | -€1,386 | -25.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €169,412 | €176,861 | +€7,449 | +4.4% |
| Amounts receivable within one year | 40/41 | €107,333 | €69,109 | -€38,224 | -35.6% |
| Trade receivables | 40 | €80,328 | €38,681 | -€41,647 | -51.8% |
| Other amounts receivable | 41 | €27,005 | €30,428 | +€3,423 | +12.7% |
| Current investments | 50/53 | €38,049 | €29,691 | -€8,358 | -22.0% |
| Cash at bank and in hand | 54/58 | €21,826 | €75,633 | +€53,808 | +247% |
| Deferred charges and accrued income | 490/1 | €2,204 | €2,428 | +€223 | +10.1% |
| Total equity and liabilities | 10/49 | €182,272 | €186,528 | +€4,257 | +2.3% |
| Equity | 10/15 | €134,819 | €120,557 | -€14,262 | -10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,360 | €62,860 | -€8,500 | -11.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €64,500 | €56,000 | -€8,500 | -13.2% |
| Profit (loss) carried forward | 14 | €44,859 | €39,097 | -€5,762 | -12.8% |
| Amounts payable | 17/49 | €47,452 | €65,971 | +€18,519 | +39.0% |
| Amounts payable within one year | 42/48 | €47,452 | €65,971 | +€18,519 | +39.0% |
| Trade debts | 44 | €883 | €2,993 | +€2,110 | +239% |
| Suppliers | 440/4 | €883 | €2,993 | +€2,110 | +239% |
| Taxes, remuneration and social security | 45 | €2,862 | €361 | -€2,501 | -87.4% |
| Taxes | 450/3 | €2,862 | €361 | -€2,501 | -87.4% |
| Other amounts payable | 47/48 | €43,707 | €62,617 | +€18,910 | +43.3% |
| Non-recurring operating income | 76A | - | €849 | +€849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,153 | €3,193 | +€40 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,063 | €3,481 | +€2,418 | +227% |
| Other operating charges | 640/8 | €814 | €1,131 | +€316 | +38.9% |
| Non-recurring operating charges | 66A | -€11 | - | +€11 | |
| Gross operating margin | 9900 | €32,113 | €53,929 | +€21,816 | +67.9% |
| Operating profit (loss) | 9901 | €27,094 | €46,125 | +€19,031 | +70.2% |
| Financial income | 75/76B | €490 | €97 | -€392 | -80.1% |
| Recurring financial income | 75 | €490 | €97 | -€392 | -80.1% |
| Financial charges | 65/66B | €94 | €115 | +€21 | +21.7% |
| Recurring financial charges | 65 | €94 | €115 | +€21 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €27,489 | €46,107 | +€18,618 | +67.7% |
| Income taxes | 67/77 | €8,570 | €13,870 | +€5,299 | +61.8% |
| Profit (loss) for the period | 9904 | €18,919 | €32,238 | +€13,319 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,919 | €32,238 | +€13,319 | +70.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.