SOGERI: 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.
SOGERI
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€209,300
down €209,300 (-59.2%), from €353,288 to €143,988
mainly Current investments (-€300,000) and Contributions, distributions and other (-€10,000)
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year -€28,740
down €28,740 (-18.3%), from €156,868 to €128,128
of which Trade receivables: -€48,642
- Other debts +€10,235
up €10,235 (+680%), from €1,505 to €11,740
- Reserves -€6,263
down €6,263 (-1.3%), from €476,899 to €470,636
- Gross operating margin -€1,192
down €1,192 (-16.0%), from €7,435 to €6,242
- Depreciation -€1,092
down €1,092 (-34.8%), from €3,137 to €2,045
- Financial income -€956
down €956 (-30.3%), from €3,154 to €2,199
- Taxes -€189
down €189 (-9.6%), from €1,959 to €1,770
- Other operating charges -€90
down €90 (-14.8%), from €611 to €521
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 | €563,748 | €573,663 | +€9,915 | +1.8% |
| Fixed assets | 21/28 | €2,792 | €747 | -€2,045 | -73.2% |
| Tangible fixed assets | 22/27 | €2,792 | €747 | -€2,045 | -73.2% |
| Plant, machinery and equipment | 23 | €450 | - | -€450 | |
| Furniture and vehicles | 24 | €2,342 | €747 | -€1,595 | -68.1% |
| Current assets | 29/58 | €560,956 | €572,916 | +€11,960 | +2.1% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Stocks and contracts in progress | 3 | €800 | €800 | = | 0.0% |
| Stocks | 30/36 | €800 | €800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €156,868 | €128,128 | -€28,740 | -18.3% |
| Trade receivables | 40 | €132,881 | €84,239 | -€48,642 | -36.6% |
| Other amounts receivable | 41 | €23,987 | €43,890 | +€19,902 | +83.0% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €353,288 | €143,988 | -€209,300 | -59.2% |
| Total equity and liabilities | 10/49 | €563,748 | €573,663 | +€9,915 | +1.8% |
| Equity | 10/15 | €556,353 | €550,090 | -€6,263 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €476,899 | €470,636 | -€6,263 | -1.3% |
| Distributable reserves | 133 | €476,899 | €470,636 | -€6,263 | -1.3% |
| Profit (loss) carried forward | 14 | €73,253 | €73,253 | = | 0.0% |
| Amounts payable | 17/49 | €7,395 | €23,573 | +€16,178 | +219% |
| Amounts payable within one year | 42/48 | €7,395 | €23,573 | +€16,178 | +219% |
| Trade debts | 44 | €97 | €717 | +€621 | +642% |
| Suppliers | 440/4 | €97 | €717 | +€621 | +642% |
| Taxes, remuneration and social security | 45 | €5,793 | €11,116 | +€5,323 | +91.9% |
| Taxes | 450/3 | €5,793 | €5,876 | +€83 | +1.4% |
| Remuneration and social security | 454/9 | - | €5,239 | +€5,239 | |
| Other amounts payable | 47/48 | €1,505 | €11,740 | +€10,235 | +680% |
| Non-recurring operating income | 76A | €20,491 | - | -€20,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,137 | €2,045 | -€1,092 | -34.8% |
| Other operating charges | 640/8 | €611 | €521 | -€90 | -14.8% |
| Gross operating margin | 9900 | €7,435 | €6,242 | -€1,192 | -16.0% |
| Operating profit (loss) | 9901 | €3,687 | €3,677 | -€10 | -0.3% |
| Financial income | 75/76B | €3,154 | €2,199 | -€956 | -30.3% |
| Recurring financial income | 75 | €3,154 | €2,199 | -€956 | -30.3% |
| Financial charges | 65/66B | €343 | €369 | +€26 | +7.5% |
| Recurring financial charges | 65 | €343 | €369 | +€26 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €6,498 | €5,507 | -€991 | -15.3% |
| Income taxes | 67/77 | €1,959 | €1,770 | -€189 | -9.6% |
| Profit (loss) for the period | 9904 | €4,539 | €3,737 | -€802 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,539 | €3,737 | -€802 | -17.7% |
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 25 October 2026 via checked.be.