SOGEFISCO: 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
SOGEFISCO
NACE 69.201, Certified accountants and tax accountants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€53,641
2023 · €50,545+€3,096
Equity
€245,709
2023 · €202,068+€43,641
Cash
€6,968
2023 · €329+€6,639
Balance sheet total
€428,101
2023 · €399,887+€28,213
Largest movements
Assets
- Receivables within one year +€34,428
up €34,428 (+13.9%), from €247,905 to €282,333
of which Other amounts receivable: +€32,874
- Deferred charges and accrued income -€12,000
down €12,000 (-25.0%), from €48,000 to €36,000
- Cash +€6,639
up €6,639 (+2017.1%), from €329 to €6,968
mainly Net result for the year (+€53,641) and Trade debts (+€15,487)
Equity and liabilities
- Profit (loss) carried forward +€43,641
up €43,641 (+23.8%), from €183,275 to €226,916
- Tax, wage and social debts -€37,373
down €37,373 (-59.8%), from €62,494 to €25,122
of which Taxes: -€37,446
- Trade debts +€15,487
up €15,487 (+97.4%), from €15,896 to €31,382
- Other debts +€10,000
new in 2024: €10,000
- Short-term financial debts +€9,587
new in 2024: €9,587
Income statement
- Taxes -€3,705
down €3,705 (-17.6%), from €21,092 to €17,387
From the 2023 result to the 2024 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 2023
€50,545
Gross operating margin
-€777
Staff costs
-€505
Depreciation
-€289
Other operating charges
-€698
Other operating items
+€1,248
Financial income
+€6
Financial charges
+€405
Taxes
+€3,705
Result 2024
€53,641
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€21,403
Investment
-€1,222
Financing
-€13,542
Cash 2023
€329
From operations (derived)
+€21,403
Net result for the year
+€53,641
Depreciation
+€2,076
Receivables within one year
-€34,428
Deferred charges and accrued income
+€12,000
Trade debts
+€15,487
Tax, wage and social debts
-€37,373
Other debts
+€10,000
Investment (derived)
-€1,222
Investment in fixed assets (net)
-€1,222
Financing
-€13,542
Debts after one year
-€5,981
Current portion of long-term debt
-€7,148
Short-term financial debts
+€9,587
Contributions, distributions and other
-€10,000
Cash 2024
€6,968
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €399,887 | €428,101 | +€28,213 | +7.1% |
| Formation expenses | 20 | €750 | - | -€750 | |
| Fixed assets | 21/28 | €7,903 | €7,800 | -€104 | -1.3% |
| Tangible fixed assets | 22/27 | €7,403 | €7,300 | -€104 | -1.4% |
| Furniture and vehicles | 24 | €778 | €1,472 | +€694 | +89.2% |
| Other tangible fixed assets | 26 | €6,625 | €5,828 | -€798 | -12.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €391,234 | €420,301 | +€29,067 | +7.4% |
| Amounts receivable after more than one year | 29 | €95,000 | €95,000 | = | 0.0% |
| Other amounts receivable | 291 | €95,000 | €95,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €247,905 | €282,333 | +€34,428 | +13.9% |
| Trade receivables | 40 | €62,097 | €63,652 | +€1,554 | +2.5% |
| Other amounts receivable | 41 | €185,808 | €218,682 | +€32,874 | +17.7% |
| Cash at bank and in hand | 54/58 | €329 | €6,968 | +€6,639 | +2017.1% |
| Deferred charges and accrued income | 490/1 | €48,000 | €36,000 | -€12,000 | -25.0% |
| Total equity and liabilities | 10/49 | €399,887 | €428,101 | +€28,213 | +7.1% |
| Equity | 10/15 | €202,068 | €245,709 | +€43,641 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193 | €193 | = | 0.0% |
| Non-distributable reserves | 130/1 | €193 | €193 | = | 0.0% |
| Reserves not available under the articles | 1311 | €193 | €193 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,275 | €226,916 | +€43,641 | +23.8% |
| Provisions and deferred taxes | 16 | €92,628 | €92,628 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €92,628 | €92,628 | = | 0.0% |
| Pensions and similar obligations | 160 | €92,628 | €92,628 | = | 0.0% |
| Amounts payable | 17/49 | €105,191 | €89,764 | -€15,428 | -14.7% |
| Amounts payable after more than one year | 17 | €8,787 | €2,806 | -€5,981 | -68.1% |
| Financial debts | 170/4 | €8,787 | €2,806 | -€5,981 | -68.1% |
| Amounts payable within one year | 42/48 | €96,404 | €86,958 | -€9,447 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €18,014 | €10,867 | -€7,148 | -39.7% |
| Financial debts | 43 | - | €9,587 | +€9,587 | |
| Credit institutions | 430/8 | - | €9,587 | +€9,587 | |
| Trade debts | 44 | €15,896 | €31,382 | +€15,487 | +97.4% |
| Suppliers | 440/4 | €15,896 | €31,382 | +€15,487 | +97.4% |
| Taxes, remuneration and social security | 45 | €62,494 | €25,122 | -€37,373 | -59.8% |
| Taxes | 450/3 | €57,022 | €19,576 | -€37,446 | -65.7% |
| Remuneration and social security | 454/9 | €5,472 | €5,546 | +€74 | +1.3% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €28,776 | €29,281 | +€505 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,787 | €2,076 | +€289 | +16.1% |
| Other operating charges | 640/8 | €905 | €1,603 | +€698 | +77.1% |
| Non-recurring operating charges | 66A | €1,594 | €346 | -€1,248 | -78.3% |
| Gross operating margin | 9900 | €110,321 | €109,543 | -€777 | -0.7% |
| Operating profit (loss) | 9901 | €77,258 | €76,237 | -€1,021 | -1.3% |
| Financial income | 75/76B | €1 | €7 | +€6 | +587.3% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +587.3% |
| Financial charges | 65/66B | €5,622 | €5,217 | -€405 | -7.2% |
| Recurring financial charges | 65 | €5,622 | €5,217 | -€405 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €71,637 | €71,028 | -€609 | -0.9% |
| Income taxes | 67/77 | €21,092 | €17,387 | -€3,705 | -17.6% |
| Profit (loss) for the period | 9904 | €50,545 | €53,641 | +€3,096 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,545 | €53,641 | +€3,096 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.