Sogemi: what changed
Two fiscal 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.
Sogemi
Largest movements
- Financial fixed assets +€92,438
up €92,438 (+6.8%), from €1.4m to €1.4m
- Other debts +€162,268
up €162,268 (+26.2%), from €618,375 to €780,643
- Debts after one year -€140,432
down €140,432 (-23.7%), from €591,711 to €451,278
- Profit (loss) carried forward +€60,582
up €60,582 (+124.0%), from €48,856 to €109,438
- Financial income +€17,438
up €17,438 (+1660.8%), from €1,050 to €18,488
of which Non-recurring financial income: +€17,438
- Gross operating margin +€15,704
up €15,704 (+21.9%), from €71,613 to €87,317
- Taxes +€4,670
up €4,670 (+38.7%), from €12,075 to €16,745
- Financial charges -€4,453
down €4,453 (-15.5%), from €28,732 to €24,278
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.
Cash bridge derived
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 | €1,416,994 | €1,496,675 | +€79,682 | +5.6% |
| Fixed assets | 21/28 | €1,365,289 | €1,456,561 | +€91,272 | +6.7% |
| Tangible fixed assets | 22/27 | €10,937 | €9,772 | -€1,166 | -10.7% |
| Furniture and vehicles | 24 | €10,937 | €9,772 | -€1,166 | -10.7% |
| Financial fixed assets | 28 | €1,354,352 | €1,446,790 | +€92,438 | +6.8% |
| Current assets | 29/58 | €51,705 | €40,114 | -€11,591 | -22.4% |
| Amounts receivable within one year | 40/41 | €30,999 | €31,910 | +€911 | +2.9% |
| Trade receivables | 40 | - | €14,036 | +€14,036 | |
| Other amounts receivable | 41 | €30,999 | €17,874 | -€13,125 | -42.3% |
| Cash at bank and in hand | 54/58 | €20,706 | €6,530 | -€14,176 | -68.5% |
| Deferred charges and accrued income | 490/1 | - | €1,674 | +€1,674 | |
| Total equity and liabilities | 10/49 | €1,416,994 | €1,496,675 | +€79,682 | +5.6% |
| Equity | 10/15 | €53,856 | €114,438 | +€60,582 | +112.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,856 | €109,438 | +€60,582 | +124.0% |
| Amounts payable | 17/49 | €1,363,138 | €1,382,238 | +€19,099 | +1.4% |
| Amounts payable after more than one year | 17 | €591,711 | €451,278 | -€140,432 | -23.7% |
| Financial debts | 170/4 | €591,711 | €451,278 | -€140,432 | -23.7% |
| Amounts payable within one year | 42/48 | €771,378 | €930,959 | +€159,581 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €135,714 | €140,432 | +€4,719 | +3.5% |
| Trade debts | 44 | €131 | €247 | +€116 | +89.0% |
| Suppliers | 440/4 | €131 | €247 | +€116 | +89.0% |
| Taxes, remuneration and social security | 45 | €17,159 | €9,637 | -€7,522 | -43.8% |
| Taxes | 450/3 | €17,159 | €9,637 | -€7,522 | -43.8% |
| Other amounts payable | 47/48 | €618,375 | €780,643 | +€162,268 | +26.2% |
| Accrued charges and deferred income | 492/3 | €49 | - | -€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,688 | €2,403 | -€285 | -10.6% |
| Other operating charges | 640/8 | €1,255 | €1,797 | +€542 | +43.2% |
| Gross operating margin | 9900 | €71,613 | €87,317 | +€15,704 | +21.9% |
| Operating profit (loss) | 9901 | €67,671 | €83,118 | +€15,447 | +22.8% |
| Financial income | 75/76B | €1,050 | €18,488 | +€17,438 | +1660.8% |
| Recurring financial income | 75 | €1,050 | €1,050 | = | 0.0% |
| Non-recurring financial income | 76B | - | €17,438 | +€17,438 | |
| Financial charges | 65/66B | €28,732 | €24,278 | -€4,453 | -15.5% |
| Recurring financial charges | 65 | €28,732 | €24,278 | -€4,453 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €39,989 | €77,327 | +€37,338 | +93.4% |
| Income taxes | 67/77 | €12,075 | €16,745 | +€4,670 | +38.7% |
| Profit (loss) for the period | 9904 | €27,914 | €60,582 | +€32,668 | +117.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,914 | €60,582 | +€32,668 | +117.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.