SOGESCAP: 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.
SOGESCAP
Largest movements
- Receivables within one year -€116,894
down €116,894 (-4.2%), from €2.8m to €2.6m
of which Trade receivables: -€111,927
- Cash +€66,826
up €66,826 (+175%), from €38,159 to €104,985
mainly Receivables within one year (+€116,894) and Net result for the year (+€53,154)
- Tangible fixed assets -€33,354
down €33,354 (-20.7%), from €160,888 to €127,534
of which Land and buildings: -€33,354
- Trade debts -€96,756
down €96,756 (-21.1%), from €457,930 to €361,174
- Turnover -€341,258
down €341,258 (-12.4%), from €2.8m to €2.4m
- Purchases and services -€338,772
down €338,772 (-12.2%), from €2.8m to €2.4m
- Financial income -€164,714
down €164,714 (-50.4%), from €326,814 to €162,100
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 | €3,256,836 | €3,173,437 | -€83,399 | -2.6% |
| Fixed assets | 21/28 | €454,821 | €421,467 | -€33,354 | -7.3% |
| Tangible fixed assets | 22/27 | €160,888 | €127,534 | -€33,354 | -20.7% |
| Land and buildings | 22 | €145,748 | €112,394 | -€33,354 | -22.9% |
| Furniture and vehicles | 24 | €15,140 | €15,140 | = | 0.0% |
| Financial fixed assets | 28 | €293,933 | €293,933 | = | 0.0% |
| Current assets | 29/58 | €2,802,015 | €2,751,970 | -€50,045 | -1.8% |
| Amounts receivable within one year | 40/41 | €2,763,187 | €2,646,293 | -€116,894 | -4.2% |
| Trade receivables | 40 | €594,008 | €482,081 | -€111,927 | -18.8% |
| Other amounts receivable | 41 | €2,169,179 | €2,164,212 | -€4,967 | -0.2% |
| Cash at bank and in hand | 54/58 | €38,159 | €104,985 | +€66,826 | +175% |
| Deferred charges and accrued income | 490/1 | €669 | €692 | +€23 | +3.4% |
| Total equity and liabilities | 10/49 | €3,256,836 | €3,173,437 | -€83,399 | -2.6% |
| Equity | 10/15 | €2,312,107 | €2,314,801 | +€2,694 | +0.1% |
| Contributions | 10/11 | €1,959,000 | €1,959,000 | = | 0.0% |
| Capital | 10 | €1,959,000 | €1,959,000 | = | 0.0% |
| Issued capital | 100 | €1,959,000 | €1,959,000 | = | 0.0% |
| Reserves | 13 | €280,792 | €280,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €195,900 | €195,900 | = | 0.0% |
| Legal reserve | 130 | €195,900 | €195,900 | = | 0.0% |
| Distributable reserves | 133 | €84,892 | €84,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,315 | €75,009 | +€2,694 | +3.7% |
| Amounts payable | 17/49 | €944,729 | €858,636 | -€86,093 | -9.1% |
| Amounts payable within one year | 42/48 | €944,729 | €858,636 | -€86,093 | -9.1% |
| Trade debts | 44 | €457,930 | €361,174 | -€96,756 | -21.1% |
| Suppliers | 440/4 | €457,930 | €361,174 | -€96,756 | -21.1% |
| Taxes, remuneration and social security | 45 | €2,557 | €61 | -€2,496 | -97.6% |
| Taxes | 450/3 | €2,557 | €61 | -€2,496 | -97.6% |
| Other amounts payable | 47/48 | €484,242 | €497,401 | +€13,159 | +2.7% |
| Turnover | 70 | €2,752,745 | €2,411,487 | -€341,258 | -12.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,786,215 | €2,447,443 | -€338,772 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,897 | €34,158 | +€1,261 | +3.8% |
| Other operating charges | 640/8 | €21,856 | €23,032 | +€1,176 | +5.4% |
| Gross operating margin | 9900 | -€33,470 | -€35,956 | -€2,486 | -7.4% |
| Operating profit (loss) | 9901 | -€88,223 | -€93,146 | -€4,923 | -5.6% |
| Financial income | 75/76B | €326,814 | €162,100 | -€164,714 | -50.4% |
| Recurring financial income | 75 | €326,814 | €162,100 | -€164,714 | -50.4% |
| Financial charges | 65/66B | €18,204 | €15,800 | -€2,404 | -13.2% |
| Recurring financial charges | 65 | €18,204 | €15,800 | -€2,404 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €220,387 | €53,154 | -€167,233 | -75.9% |
| Profit (loss) for the period | 9904 | €220,387 | €53,154 | -€167,233 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €220,387 | €53,154 | -€167,233 | -75.9% |
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.