Sogeka: 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.
Sogeka
Largest movements
- Tangible fixed assets -€116,261
down €116,261 (-3.0%), from €3.9m to €3.8m
of which Other tangible fixed assets: -€116,261
- Receivables after one year -€89,496
down €89,496 (-74.5%), from €120,203 to €30,707
of which Trade receivables: -€105,175
- Debts after one year -€270,579
down €270,579 (-10.3%), from €2.6m to €2.4m
- Profit (loss) carried forward +€86,916
up €86,916 (+42.1%), from €206,212 to €293,127
- Gross operating margin -€51,451
down €51,451 (-13.5%), from €380,765 to €329,314
- Depreciation -€25,835
down €25,835 (-18.2%), from €142,096 to €116,261
- Taxes -€6,500
down €6,500 (-18.2%), from €35,684 to €29,184
- Other operating charges -€4,530
down €4,530 (-14.6%), from €31,031 to €26,502
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 | €4,094,392 | €3,878,077 | -€216,315 | -5.3% |
| Fixed assets | 21/28 | €3,936,950 | €3,820,689 | -€116,261 | -3.0% |
| Tangible fixed assets | 22/27 | €3,936,450 | €3,820,189 | -€116,261 | -3.0% |
| Land and buildings | 22 | €2,771,680 | €2,771,680 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,164,770 | €1,048,509 | -€116,261 | -10.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €157,442 | €57,388 | -€100,054 | -63.5% |
| Amounts receivable after more than one year | 29 | €120,203 | €30,707 | -€89,496 | -74.5% |
| Trade receivables | 290 | €120,203 | €15,028 | -€105,175 | -87.5% |
| Other amounts receivable | 291 | - | €15,678 | +€15,678 | |
| Cash at bank and in hand | 54/58 | €37,239 | €26,681 | -€10,558 | -28.4% |
| Total equity and liabilities | 10/49 | €4,094,392 | €3,878,077 | -€216,315 | -5.3% |
| Equity | 10/15 | €461,212 | €548,127 | +€86,916 | +18.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €205,000 | €205,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,212 | €293,127 | +€86,916 | +42.1% |
| Amounts payable | 17/49 | €3,633,180 | €3,329,949 | -€303,231 | -8.3% |
| Amounts payable after more than one year | 17 | €2,636,619 | €2,366,040 | -€270,579 | -10.3% |
| Financial debts | 170/4 | €2,636,619 | €2,366,040 | -€270,579 | -10.3% |
| Amounts payable within one year | 42/48 | €996,561 | €963,909 | -€32,652 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €266,183 | €270,579 | +€4,396 | +1.7% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €33,842 | €18,699 | -€15,143 | -44.7% |
| Suppliers | 440/4 | €33,842 | €18,699 | -€15,143 | -44.7% |
| Taxes, remuneration and social security | 45 | €34,075 | €12,171 | -€21,904 | -64.3% |
| Taxes | 450/3 | €34,075 | €12,171 | -€21,904 | -64.3% |
| Other amounts payable | 47/48 | €622,460 | €622,460 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,096 | €116,261 | -€25,835 | -18.2% |
| Other operating charges | 640/8 | €31,031 | €26,502 | -€4,530 | -14.6% |
| Gross operating margin | 9900 | €380,765 | €329,314 | -€51,451 | -13.5% |
| Operating profit (loss) | 9901 | €207,638 | €186,552 | -€21,086 | -10.2% |
| Financial charges | 65/66B | €69,885 | €70,452 | +€567 | +0.8% |
| Recurring financial charges | 65 | €69,885 | €70,452 | +€567 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €137,752 | €116,100 | -€21,652 | -15.7% |
| Income taxes | 67/77 | €35,684 | €29,184 | -€6,500 | -18.2% |
| Profit (loss) for the period | 9904 | €102,069 | €86,916 | -€15,153 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,069 | €86,916 | -€15,153 | -14.8% |
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 13 October 2026 via checked.be.