SOGEMA: 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.
SOGEMA
Largest movements
- Tangible fixed assets -€8,854
down €8,854 (-8.4%), from €104,849 to €95,996
- Cash -€6,622
down €6,622 (-23.7%), from €27,946 to €21,325
mainly Net result for the year (-€8,451) and Trade debts (-€7,631)
- Receivables within one year -€1,496
down €1,496 (-100%), from €1,496 to €0
- Reserves -€8,451
down €8,451 (-17.2%), from €49,146 to €40,695
of which Distributable reserves: -€8,451
- Trade debts -€7,631
down €7,631 (-90.7%), from €8,413 to €783
- Gross operating margin +€7,612
up €7,612, from -€4,205 to €3,407
- Other operating charges +€84
up €84 (+3.1%), from €2,742 to €2,826
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 | €134,291 | €118,219 | -€16,072 | -12.0% |
| Fixed assets | 21/28 | €104,849 | €95,996 | -€8,854 | -8.4% |
| Tangible fixed assets | 22/27 | €104,849 | €95,996 | -€8,854 | -8.4% |
| Land and buildings | 22 | €104,849 | €95,996 | -€8,854 | -8.4% |
| Current assets | 29/58 | €29,442 | €22,224 | -€7,218 | -24.5% |
| Amounts receivable within one year | 40/41 | €1,496 | €0 | -€1,496 | -100% |
| Other amounts receivable | 41 | €1,496 | €0 | -€1,496 | -100% |
| Cash at bank and in hand | 54/58 | €27,946 | €21,325 | -€6,622 | -23.7% |
| Deferred charges and accrued income | 490/1 | €0 | €899 | +€899 | |
| Total equity and liabilities | 10/49 | €134,291 | €118,219 | -€16,072 | -12.0% |
| Equity | 10/15 | €124,146 | €115,695 | -€8,451 | -6.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €49,146 | €40,695 | -€8,451 | -17.2% |
| Non-distributable reserves | 130/1 | €7,619 | €7,619 | = | 0.0% |
| Legal reserve | 130 | €7,619 | €7,619 | = | 0.0% |
| Distributable reserves | 133 | €41,527 | €33,076 | -€8,451 | -20.4% |
| Amounts payable | 17/49 | €10,145 | €2,524 | -€7,621 | -75.1% |
| Amounts payable within one year | 42/48 | €10,134 | €2,514 | -€7,620 | -75.2% |
| Trade debts | 44 | €8,413 | €783 | -€7,631 | -90.7% |
| Suppliers | 440/4 | €8,413 | €783 | -€7,631 | -90.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,721 | €1,732 | +€11 | +0.6% |
| Accrued charges and deferred income | 492/3 | €11 | €10 | -€1 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,854 | €8,854 | = | 0.0% |
| Other operating charges | 640/8 | €2,742 | €2,826 | +€84 | +3.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€4,205 | €3,407 | +€7,612 | |
| Operating profit (loss) | 9901 | -€15,801 | -€8,272 | +€7,528 | +47.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €151 | €179 | +€28 | +18.3% |
| Recurring financial charges | 65 | €151 | €179 | +€28 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,952 | -€8,451 | +€7,501 | +47.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,952 | -€8,451 | +€7,501 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,952 | -€8,451 | +€7,501 | +47.0% |
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 17 October 2026 via checked.be.