SOGESTEAK: what changed
SOGESTEAK
Largest movements
- Cash -€56,903
down €56,903 (-70.5%), from €80,658 to €23,755
mainly Other debts (-€66,814) and Receivables within one year (-€2,460)
- Receivables within one year +€2,460
up €2,460 (+46.3%), from €5,312 to €7,772
of which Trade receivables: +€1,427
- Tangible fixed assets +€1,688
up €1,688 (+225%), from €749 to €2,437
of which Furniture and vehicles: +€1,747
- Other debts -€66,814
down €66,814 (-95.4%), from €70,053 to €3,239
- Reserves +€13,979
up €13,979 (+51.2%), from €27,323 to €41,302
- Trade debts +€2,623
up €2,623 (+397%), from €660 to €3,284
- Tax, wage and social debts -€1,892
down €1,892 (-39.6%), from €4,776 to €2,884
- Gross operating margin -€11,064
down €11,064 (-34.8%), from €31,765 to €20,701
- Taxes -€2,511
down €2,511 (-26.6%), from €9,451 to €6,940
- Financial charges +€1,708
up €1,708, from -€1,528 to €180
- Financial income +€1,562
new in 2025: €1,562
- Depreciation -€781
down €781 (-60.2%), from €1,297 to €516
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,336 | €56,965 | -€52,372 | -47.9% |
| Fixed assets | 21/28 | €749 | €2,437 | +€1,688 | +225% |
| Tangible fixed assets | 22/27 | €749 | €2,437 | +€1,688 | +225% |
| Furniture and vehicles | 24 | €574 | €2,321 | +€1,747 | +304% |
| Other tangible fixed assets | 26 | €175 | €117 | -€58 | -33.3% |
| Current assets | 29/58 | €108,587 | €54,527 | -€54,060 | -49.8% |
| Amounts receivable within one year | 40/41 | €5,312 | €7,772 | +€2,460 | +46.3% |
| Trade receivables | 40 | €5,312 | €6,739 | +€1,427 | +26.9% |
| Other amounts receivable | 41 | - | €1,033 | +€1,033 | |
| Current investments | 50/53 | €21,254 | €21,263 | +€9 | 0.0% |
| Cash at bank and in hand | 54/58 | €80,658 | €23,755 | -€56,903 | -70.5% |
| Deferred charges and accrued income | 490/1 | €1,363 | €1,737 | +€374 | +27.4% |
| Total equity and liabilities | 10/49 | €109,336 | €56,965 | -€52,372 | -47.9% |
| Equity | 10/15 | €33,523 | €47,502 | +€13,979 | +41.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,323 | €41,302 | +€13,979 | +51.2% |
| Distributable reserves | 133 | €27,323 | €41,302 | +€13,979 | +51.2% |
| Amounts payable | 17/49 | €75,813 | €9,462 | -€66,351 | -87.5% |
| Amounts payable within one year | 42/48 | €75,813 | €9,462 | -€66,351 | -87.5% |
| Financial debts | 43 | €324 | €56 | -€268 | -82.8% |
| Credit institutions | 430/8 | €324 | €56 | -€268 | -82.8% |
| Trade debts | 44 | €660 | €3,284 | +€2,623 | +397% |
| Suppliers | 440/4 | €660 | €3,284 | +€2,623 | +397% |
| Taxes, remuneration and social security | 45 | €4,776 | €2,884 | -€1,892 | -39.6% |
| Taxes | 450/3 | €4,776 | €2,884 | -€1,892 | -39.6% |
| Other amounts payable | 47/48 | €70,053 | €3,239 | -€66,814 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,297 | €516 | -€781 | -60.2% |
| Other operating charges | 640/8 | €680 | €648 | -€32 | -4.7% |
| Gross operating margin | 9900 | €31,765 | €20,701 | -€11,064 | -34.8% |
| Operating profit (loss) | 9901 | €29,787 | €19,537 | -€10,250 | -34.4% |
| Financial income | 75/76B | - | €1,562 | +€1,562 | |
| Recurring financial income | 75 | - | €1,562 | +€1,562 | |
| Financial charges | 65/66B | -€1,528 | €180 | +€1,708 | |
| Recurring financial charges | 65 | -€1,528 | €180 | +€1,708 | |
| Profit (loss) for the period before taxes | 9903 | €31,316 | €20,919 | -€10,396 | -33.2% |
| Income taxes | 67/77 | €9,451 | €6,940 | -€2,511 | -26.6% |
| Profit (loss) for the period | 9904 | €21,865 | €13,979 | -€7,886 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,865 | €13,979 | -€7,886 | -36.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.