SOGEPROM: 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.
SOGEPROM
Largest movements
- Stocks and contracts -€289,986
no longer reported in 2025 (was €289,986)
- Receivables within one year -€176,170
down €176,170 (-76.7%), from €229,573 to €53,402
of which Other amounts receivable: -€188,380
- Cash -€66,333
down €66,333 (-78.4%), from €84,644 to €18,311
mainly Other debts (-€402,548) and Tax, wage and social debts (-€64,195)
- Other debts -€402,548
down €402,548 (-81.2%), from €495,931 to €93,383
- Tax, wage and social debts -€64,195
no longer reported in 2025 (was €64,195)
- Profit (loss) carried forward -€53,916
down €53,916, from €7,732 to -€46,184
- Trade debts -€12,140
down €12,140 (-67.2%), from €18,054 to €5,914
- Gross operating margin -€90,230
down €90,230 (-61.3%), from €147,231 to €57,001
- Financial charges -€42,751
down €42,751 (-31.5%), from €135,801 to €93,050
- Other operating charges +€4,946
up €4,946 (+511%), from €968 to €5,914
- Taxes -€2,896
no longer reported in 2025 (was €2,896)
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 | €604,512 | €71,713 | -€532,799 | -88.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €604,512 | €71,713 | -€532,799 | -88.1% |
| Stocks and contracts in progress | 3 | €289,986 | - | -€289,986 | |
| Stocks | 30/36 | €289,986 | - | -€289,986 | |
| Amounts receivable within one year | 40/41 | €229,573 | €53,402 | -€176,170 | -76.7% |
| Trade receivables | 40 | €23,141 | €35,351 | +€12,210 | +52.8% |
| Other amounts receivable | 41 | €206,432 | €18,052 | -€188,380 | -91.3% |
| Cash at bank and in hand | 54/58 | €84,644 | €18,311 | -€66,333 | -78.4% |
| Deferred charges and accrued income | 490/1 | €309 | - | -€309 | |
| Total equity and liabilities | 10/49 | €604,512 | €71,713 | -€532,799 | -88.1% |
| Equity | 10/15 | €26,332 | -€27,584 | -€53,916 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,732 | -€46,184 | -€53,916 | |
| Amounts payable | 17/49 | €578,180 | €99,297 | -€478,883 | -82.8% |
| Amounts payable within one year | 42/48 | €578,180 | €99,297 | -€478,883 | -82.8% |
| Trade debts | 44 | €18,054 | €5,914 | -€12,140 | -67.2% |
| Suppliers | 440/4 | €18,054 | €5,914 | -€12,140 | -67.2% |
| Taxes, remuneration and social security | 45 | €64,195 | - | -€64,195 | |
| Taxes | 450/3 | €64,195 | - | -€64,195 | |
| Other amounts payable | 47/48 | €495,931 | €93,383 | -€402,548 | -81.2% |
| Other operating charges | 640/8 | €968 | €5,914 | +€4,946 | +511% |
| Non-recurring operating charges | 66A | - | €12,000 | +€12,000 | |
| Gross operating margin | 9900 | €147,231 | €57,001 | -€90,230 | -61.3% |
| Operating profit (loss) | 9901 | €146,263 | €39,087 | -€107,177 | -73.3% |
| Financial income | 75/76B | €165 | €48 | -€118 | -71.2% |
| Recurring financial income | 75 | €165 | €48 | -€118 | -71.2% |
| Financial charges | 65/66B | €135,801 | €93,050 | -€42,751 | -31.5% |
| Recurring financial charges | 65 | €135,801 | €93,050 | -€42,751 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €10,628 | -€53,916 | -€64,544 | |
| Income taxes | 67/77 | €2,896 | - | -€2,896 | |
| Profit (loss) for the period | 9904 | €7,732 | -€53,916 | -€61,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,732 | -€53,916 | -€61,648 |
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.