SOGELP: 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.
SOGELP
Largest movements
- Current investments +€43,817
up €43,817 (+65.4%), from €67,000 to €110,817
- Cash +€6,635
up €6,635 (+98.8%), from €6,717 to €13,351
mainly Other debts (+€74,000) and Net result for the year (+€42,847)
- Other debts +€74,000
up €74,000 (+7,400%), from €1,000 to €75,000
- Profit (loss) carried forward -€32,153
down €32,153 (-66.5%), from €48,353 to €16,199
- Tax, wage and social debts +€12,573
up €12,573 (+65.4%), from €19,210 to €31,783
of which Taxes: +€12,573
- Trade debts -€4,209
down €4,209 (-99.3%), from €4,237 to €28
- Gross operating margin -€3,755
down €3,755 (-6.4%), from €58,685 to €54,930
- Financial income +€905
up €905 (+298%), from €304 to €1,209
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 | €74,888 | €125,123 | +€50,236 | +67.1% |
| Fixed assets | 21/28 | €958 | €631 | -€328 | -34.2% |
| Tangible fixed assets | 22/27 | €958 | €631 | -€328 | -34.2% |
| Furniture and vehicles | 24 | €958 | €631 | -€328 | -34.2% |
| Current assets | 29/58 | €73,929 | €124,492 | +€50,563 | +68.4% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €67,000 | €110,817 | +€43,817 | +65.4% |
| Cash at bank and in hand | 54/58 | €6,717 | €13,351 | +€6,635 | +98.8% |
| Deferred charges and accrued income | 490/1 | €213 | €324 | +€112 | +52.4% |
| Total equity and liabilities | 10/49 | €74,888 | €125,123 | +€50,236 | +67.1% |
| Equity | 10/15 | €50,353 | €18,199 | -€32,153 | -63.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,353 | €16,199 | -€32,153 | -66.5% |
| Amounts payable | 17/49 | €24,535 | €106,924 | +€82,389 | +336% |
| Amounts payable within one year | 42/48 | €24,447 | €106,811 | +€82,363 | +337% |
| Trade debts | 44 | €4,237 | €28 | -€4,209 | -99.3% |
| Suppliers | 440/4 | €4,237 | €28 | -€4,209 | -99.3% |
| Taxes, remuneration and social security | 45 | €19,210 | €31,783 | +€12,573 | +65.4% |
| Taxes | 450/3 | €19,210 | €31,783 | +€12,573 | +65.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,000 | €75,000 | +€74,000 | +7,400% |
| Accrued charges and deferred income | 492/3 | €88 | €114 | +€26 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24 | €328 | +€303 | +1,256% |
| Other operating charges | 640/8 | €398 | €63 | -€335 | -84.1% |
| Gross operating margin | 9900 | €58,685 | €54,930 | -€3,755 | -6.4% |
| Operating profit (loss) | 9901 | €58,263 | €54,539 | -€3,723 | -6.4% |
| Financial income | 75/76B | €304 | €1,209 | +€905 | +298% |
| Recurring financial income | 75 | €304 | €1,209 | +€905 | +298% |
| Financial charges | 65/66B | €162 | €192 | +€30 | +18.6% |
| Recurring financial charges | 65 | €162 | €192 | +€30 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €58,405 | €55,556 | -€2,848 | -4.9% |
| Income taxes | 67/77 | €13,284 | €12,710 | -€575 | -4.3% |
| Profit (loss) for the period | 9904 | €45,120 | €42,847 | -€2,274 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,120 | €42,847 | -€2,274 | -5.0% |
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 19 October 2026 via checked.be.