Sogelocim: what changed
What changed
Sogelocim
filed annual accounts (NBB)
Net result for the year
-€33,409
2024 · -€6,265-€27,144
Equity
€651,598
2024 · €685,007-€33,409
Cash
€122,591
2024 · €100,766+€21,826
Balance sheet total
€1.2m
2024 · €931,185+€309,698
Largest movements
Assets
- Tangible fixed assets +€640,966
up €640,966 (+140%), from €459,295 to €1.1m
of which Land and buildings: +€651,885
- Current investments -€350,000
no longer reported in 2025 (was €350,000)
- Cash +€21,826
up €21,826 (+21.7%), from €100,766 to €122,591
mainly Current investments (+€350,000) and Debts after one year (+€320,749)
Equity and liabilities
- Debts after one year +€320,749
new in 2025: €320,749
- Profit (loss) carried forward -€33,409
down €33,409 (-28.3%), from -€118,015 to -€151,424
- Current portion of long-term debt +€17,802
new in 2025: €17,802
Income statement
- Gross operating margin -€15,900
down €15,900 (-52.9%), from €30,084 to €14,184
- Financial charges +€8,600
up €8,600 (+814%), from €1,056 to €9,656
- Financial income -€4,092
down €4,092 (-87.8%), from €4,661 to €570
- Taxes -€2,928
down €2,928, from €1,820 to -€1,108
- Other operating charges +€1,480
up €1,480 (+11.5%), from €12,839 to €14,320
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€6,265
Gross operating margin
-€15,900
Other operating charges
-€1,480
Financial income
-€4,092
Financial charges
-€8,600
Taxes
+€2,928
Result 2025
-€33,409
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€464
Investment
-€316,261
Financing
+€338,551
Cash 2024
€100,766
From operations (derived)
-€464
Net result for the year
-€33,409
Depreciation
+€25,295
Receivables within one year
+€2,519
Smaller working-capital items
-€1,464
Accrued charges and deferred income
+€6,594
Investment (derived)
-€316,261
Investment in fixed assets (net)
-€666,261
Current investments
+€350,000
Financing
+€338,551
Debts after one year
+€320,749
Current portion of long-term debt
+€17,802
Cash 2025
€122,591
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €931,185 | €1,240,883 | +€309,698 | +33.3% |
| Fixed assets | 21/28 | €460,295 | €1,101,261 | +€640,966 | +139% |
| Tangible fixed assets | 22/27 | €459,295 | €1,100,261 | +€640,966 | +140% |
| Land and buildings | 22 | €418,322 | €1,070,207 | +€651,885 | +156% |
| Plant, machinery and equipment | 23 | €40,973 | €30,054 | -€10,919 | -26.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €470,889 | €139,622 | -€331,268 | -70.3% |
| Amounts receivable within one year | 40/41 | €17,835 | €15,316 | -€2,519 | -14.1% |
| Trade receivables | 40 | €9,661 | €7,142 | -€2,519 | -26.1% |
| Other amounts receivable | 41 | €8,173 | €8,173 | = | 0.0% |
| Current investments | 50/53 | €350,000 | - | -€350,000 | |
| Cash at bank and in hand | 54/58 | €100,766 | €122,591 | +€21,826 | +21.7% |
| Deferred charges and accrued income | 490/1 | €2,289 | €1,715 | -€575 | -25.1% |
| Total equity and liabilities | 10/49 | €931,185 | €1,240,883 | +€309,698 | +33.3% |
| Equity | 10/15 | €685,007 | €651,598 | -€33,409 | -4.9% |
| Contributions | 10/11 | €511,244 | €511,244 | = | 0.0% |
| Capital | 10 | €511,244 | €511,244 | = | 0.0% |
| Issued capital | 100 | €511,244 | €511,244 | = | 0.0% |
| Reserves | 13 | €291,779 | €291,779 | = | 0.0% |
| Tax-exempt reserves | 132 | €291,779 | €291,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,015 | -€151,424 | -€33,409 | -28.3% |
| Provisions and deferred taxes | 16 | €97,260 | €97,260 | = | 0.0% |
| Deferred taxes | 168 | €97,260 | €97,260 | = | 0.0% |
| Amounts payable | 17/49 | €148,918 | €492,025 | +€343,107 | +230% |
| Amounts payable after more than one year | 17 | - | €320,749 | +€320,749 | |
| Financial debts | 170/4 | - | €320,749 | +€320,749 | |
| Amounts payable within one year | 42/48 | €140,762 | €156,526 | +€15,764 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | - | €17,802 | +€17,802 | |
| Trade debts | 44 | €5,946 | €4,724 | -€1,222 | -20.6% |
| Suppliers | 440/4 | €5,946 | €4,724 | -€1,222 | -20.6% |
| Other amounts payable | 47/48 | €134,816 | €134,000 | -€816 | -0.6% |
| Accrued charges and deferred income | 492/3 | €8,156 | €14,750 | +€6,594 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,295 | €25,295 | = | 0.0% |
| Other operating charges | 640/8 | €12,839 | €14,320 | +€1,480 | +11.5% |
| Gross operating margin | 9900 | €30,084 | €14,184 | -€15,900 | -52.9% |
| Operating profit (loss) | 9901 | -€8,050 | -€25,431 | -€17,381 | -216% |
| Financial income | 75/76B | €4,661 | €570 | -€4,092 | -87.8% |
| Recurring financial income | 75 | €4,661 | €570 | -€4,092 | -87.8% |
| Financial charges | 65/66B | €1,056 | €9,656 | +€8,600 | +814% |
| Recurring financial charges | 65 | €1,056 | €9,656 | +€8,600 | +814% |
| Profit (loss) for the period before taxes | 9903 | -€4,445 | -€34,517 | -€30,072 | -677% |
| Income taxes | 67/77 | €1,820 | -€1,108 | -€2,928 | |
| Profit (loss) for the period | 9904 | -€6,265 | -€33,409 | -€27,144 | -433% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,265 | -€33,409 | -€27,144 | -433% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.