SOGEMAN: 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.
SOGEMAN
Largest movements
- Receivables within one year -€34,160
down €34,160 (-61.3%), from €55,686 to €21,526
of which Other amounts receivable: -€43,060
- Current investments -€23,843
down €23,843 (-11.3%), from €211,001 to €187,158
- Financial fixed assets +€14,343
up €14,343 (+1.6%), from €906,866 to €921,209
- Other debts -€83,452
down €83,452 (-15.7%), from €530,000 to €446,548
- Tax, wage and social debts +€25,573
up €25,573 (+2,757%), from €927 to €26,500
- Gross operating margin +€5,243
up €5,243 (+91.7%), from -€5,719 to -€476
- Financial income -€2,264
down €2,264 (-31.5%), from €7,185 to €4,921
- Other operating charges +€143
up €143 (+9.1%), from €1,570 to €1,713
- Financial charges -€68
down €68 (-20.8%), from €324 to €257
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,386,141 | €1,329,173 | -€56,968 | -4.1% |
| Fixed assets | 21/28 | €1,079,523 | €1,090,315 | +€10,792 | +1.0% |
| Tangible fixed assets | 22/27 | €172,657 | €169,106 | -€3,551 | -2.1% |
| Land and buildings | 22 | €153,933 | €153,933 | = | 0.0% |
| Furniture and vehicles | 24 | €18,724 | €15,173 | -€3,551 | -19.0% |
| Financial fixed assets | 28 | €906,866 | €921,209 | +€14,343 | +1.6% |
| Current assets | 29/58 | €306,619 | €238,858 | -€67,760 | -22.1% |
| Stocks and contracts in progress | 3 | €21,387 | €28,799 | +€7,412 | +34.7% |
| Stocks | 30/36 | €21,387 | €28,799 | +€7,412 | +34.7% |
| Amounts receivable within one year | 40/41 | €55,686 | €21,526 | -€34,160 | -61.3% |
| Trade receivables | 40 | €11,117 | €20,017 | +€8,900 | +80.1% |
| Other amounts receivable | 41 | €44,569 | €1,509 | -€43,060 | -96.6% |
| Current investments | 50/53 | €211,001 | €187,158 | -€23,843 | -11.3% |
| Cash at bank and in hand | 54/58 | €5,008 | €1,339 | -€3,669 | -73.3% |
| Deferred charges and accrued income | 490/1 | €13,538 | €37 | -€13,501 | -99.7% |
| Total equity and liabilities | 10/49 | €1,386,141 | €1,329,173 | -€56,968 | -4.1% |
| Equity | 10/15 | €766,123 | €765,048 | -€1,075 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €556,697 | €556,697 | = | 0.0% |
| Distributable reserves | 133 | €556,697 | €556,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,835 | €189,760 | -€1,075 | -0.6% |
| Amounts payable | 17/49 | €620,018 | €564,125 | -€55,893 | -9.0% |
| Amounts payable within one year | 42/48 | €583,448 | €525,875 | -€57,573 | -9.9% |
| Trade debts | 44 | €52,521 | €52,827 | +€306 | +0.6% |
| Suppliers | 440/4 | €52,521 | €52,827 | +€306 | +0.6% |
| Taxes, remuneration and social security | 45 | €927 | €26,500 | +€25,573 | +2,757% |
| Taxes | 450/3 | €927 | €26,500 | +€25,573 | +2,757% |
| Other amounts payable | 47/48 | €530,000 | €446,548 | -€83,452 | -15.7% |
| Accrued charges and deferred income | 492/3 | €36,569 | €38,250 | +€1,681 | +4.6% |
| Non-recurring operating income | 76A | - | €8,054 | +€8,054 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,551 | €3,551 | = | 0.0% |
| Other operating charges | 640/8 | €1,570 | €1,713 | +€143 | +9.1% |
| Gross operating margin | 9900 | -€5,719 | -€476 | +€5,243 | +91.7% |
| Operating profit (loss) | 9901 | -€10,839 | -€5,739 | +€5,100 | +47.1% |
| Financial income | 75/76B | €7,185 | €4,921 | -€2,264 | -31.5% |
| Recurring financial income | 75 | €7,185 | €4,921 | -€2,264 | -31.5% |
| Financial charges | 65/66B | €324 | €257 | -€68 | -20.8% |
| Recurring financial charges | 65 | €324 | €257 | -€68 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,979 | -€1,075 | +€2,903 | +73.0% |
| Profit (loss) for the period | 9904 | -€3,979 | -€1,075 | +€2,903 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,979 | -€1,075 | +€2,903 | +73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.