SOGESENT: 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.
SOGESENT
Largest movements
- Cash +€7,125
up €7,125 (+11.0%), from €64,818 to €71,943
mainly Other debts (+€24,774) and Depreciation (+€4,200)
- Tangible fixed assets -€4,200
down €4,200 (-100%), from €4,200 to €0
- Receivables within one year -€3,673
down €3,673 (-12.5%), from €29,410 to €25,737
- Reserves -€24,799
down €24,799 (-68.4%), from €36,278 to €11,479
of which Distributable reserves: -€24,799
- Other debts +€24,774
up €24,774 (+349%), from €7,098 to €31,871
- Profit (loss) carried forward -€2,381
down €2,381 (-5.8%), from €40,960 to €38,579
- Tax, wage and social debts +€1,911
up €1,911 (+220%), from €868 to €2,779
- Taxes +€7,343
up €7,343 (+21,992%), from €33 to €7,377
- Gross operating margin +€3,544
up €3,544 (+60.7%), from €5,841 to €9,384
- Depreciation -€1,483
down €1,483 (-26.1%), from €5,683 to €4,200
- Other operating charges +€126
new in 2025: €126
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 | €98,428 | €97,680 | -€748 | -0.8% |
| Fixed assets | 21/28 | €4,200 | €0 | -€4,200 | -100% |
| Tangible fixed assets | 22/27 | €4,200 | €0 | -€4,200 | -100% |
| Furniture and vehicles | 24 | €4,200 | €0 | -€4,200 | -100% |
| Current assets | 29/58 | €94,228 | €97,680 | +€3,452 | +3.7% |
| Amounts receivable within one year | 40/41 | €29,410 | €25,737 | -€3,673 | -12.5% |
| Trade receivables | 40 | €29,410 | €25,737 | -€3,673 | -12.5% |
| Cash at bank and in hand | 54/58 | €64,818 | €71,943 | +€7,125 | +11.0% |
| Total equity and liabilities | 10/49 | €98,428 | €97,680 | -€748 | -0.8% |
| Equity | 10/15 | €89,738 | €62,558 | -€27,180 | -30.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Other | 1109/19 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €36,278 | €11,479 | -€24,799 | -68.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,418 | €9,619 | -€24,799 | -72.1% |
| Profit (loss) carried forward | 14 | €40,960 | €38,579 | -€2,381 | -5.8% |
| Amounts payable | 17/49 | €8,690 | €35,122 | +€26,432 | +304% |
| Amounts payable within one year | 42/48 | €8,690 | €35,122 | +€26,432 | +304% |
| Trade debts | 44 | €725 | €472 | -€253 | -34.9% |
| Suppliers | 440/4 | €725 | €472 | -€253 | -34.9% |
| Taxes, remuneration and social security | 45 | €868 | €2,779 | +€1,911 | +220% |
| Taxes | 450/3 | €868 | €2,779 | +€1,911 | +220% |
| Other amounts payable | 47/48 | €7,098 | €31,871 | +€24,774 | +349% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,683 | €4,200 | -€1,483 | -26.1% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €5,841 | €9,384 | +€3,544 | +60.7% |
| Operating profit (loss) | 9901 | €158 | €5,058 | +€4,901 | +3,111% |
| Financial charges | 65/66B | €24 | €63 | +€39 | +163% |
| Recurring financial charges | 65 | €24 | €63 | +€39 | +163% |
| Profit (loss) for the period before taxes | 9903 | €134 | €4,995 | +€4,862 | +3,640% |
| Income taxes | 67/77 | €33 | €7,377 | +€7,343 | +21,992% |
| Profit (loss) for the period | 9904 | €100 | -€2,381 | -€2,481 | |
| Profit (loss) for the period to be appropriated | 9905 | €100 | -€2,381 | -€2,481 |
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 28 October 2026 via checked.be.