SOGESPRO: 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.
SOGESPRO
Largest movements
- Current investments -€240,000
no longer reported in 2025 (was €240,000)
- Cash -€95,893
down €95,893 (-58.7%), from €163,293 to €67,399
mainly Other debts (-€245,377) and Tax, wage and social debts (-€182,087)
- Stocks and contracts -€44,901
down €44,901 (-7.8%), from €575,256 to €530,356
- Other debts -€245,377
down €245,377 (-98.5%), from €249,000 to €3,623
- Tax, wage and social debts -€182,087
down €182,087 (-97.9%), from €186,087 to €4,000
of which Taxes: -€186,087
- Trade debts +€33,161
up €33,161 (+117%), from €28,244 to €61,405
- Profit (loss) carried forward +€19,168
up €19,168 (+92.4%), from €20,756 to €39,924
- Gross operating margin +€70,450
up €70,450, from -€26,450 to €44,000
- Write-downs +€27,337
new in 2025: €27,337
- Financial income +€1,455
up €1,455 (+62.5%), from €2,330 to €3,785
- Taxes +€1,408
up €1,408, from -€1,036 to €372
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 | €1,009,317 | €634,182 | -€375,134 | -37.2% |
| Fixed assets | 21/28 | €17,195 | €17,195 | = | 0.0% |
| Financial fixed assets | 28 | €17,195 | €17,195 | = | 0.0% |
| Current assets | 29/58 | €992,122 | €616,987 | -€375,134 | -37.8% |
| Stocks and contracts in progress | 3 | €575,256 | €530,356 | -€44,901 | -7.8% |
| Stocks | 30/36 | €575,256 | €530,356 | -€44,901 | -7.8% |
| Amounts receivable within one year | 40/41 | €13,573 | €19,233 | +€5,659 | +41.7% |
| Trade receivables | 40 | €12,177 | €10,001 | -€2,176 | -17.9% |
| Other amounts receivable | 41 | €1,396 | €9,232 | +€7,836 | +561% |
| Current investments | 50/53 | €240,000 | - | -€240,000 | |
| Cash at bank and in hand | 54/58 | €163,293 | €67,399 | -€95,893 | -58.7% |
| Total equity and liabilities | 10/49 | €1,009,317 | €634,182 | -€375,134 | -37.2% |
| Equity | 10/15 | €545,986 | €565,154 | +€19,168 | +3.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €462,730 | €462,730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €456,480 | €456,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,756 | €39,924 | +€19,168 | +92.4% |
| Amounts payable | 17/49 | €463,331 | €69,028 | -€394,303 | -85.1% |
| Amounts payable within one year | 42/48 | €463,331 | €69,028 | -€394,303 | -85.1% |
| Trade debts | 44 | €28,244 | €61,405 | +€33,161 | +117% |
| Suppliers | 440/4 | €28,244 | €61,405 | +€33,161 | +117% |
| Taxes, remuneration and social security | 45 | €186,087 | €4,000 | -€182,087 | -97.9% |
| Taxes | 450/3 | €186,087 | - | -€186,087 | |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €249,000 | €3,623 | -€245,377 | -98.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €27,337 | +€27,337 | |
| Other operating charges | 640/8 | €875 | €569 | -€306 | -34.9% |
| Gross operating margin | 9900 | -€26,450 | €44,000 | +€70,450 | |
| Operating profit (loss) | 9901 | -€27,325 | €16,094 | +€43,418 | |
| Financial income | 75/76B | €2,330 | €3,785 | +€1,455 | +62.5% |
| Recurring financial income | 75 | €2,330 | €3,785 | +€1,455 | +62.5% |
| Financial charges | 65/66B | €368 | €339 | -€30 | -8.0% |
| Recurring financial charges | 65 | €368 | €339 | -€30 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,363 | €19,540 | +€44,903 | |
| Income taxes | 67/77 | -€1,036 | €372 | +€1,408 | |
| Profit (loss) for the period | 9904 | -€24,327 | €19,168 | +€43,495 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,327 | €19,168 | +€43,495 |
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 26 October 2026 via checked.be.