SOGESTIMMO: 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.
SOGESTIMMO
Largest movements
- Cash -€22,425
down €22,425 (-3.8%), from €596,899 to €574,474
mainly Net result for the year (-€24,862) and Receivables within one year (-€2,042)
- Profit (loss) carried forward -€24,862
down €24,862 (-51.0%), from -€48,708 to -€73,570
- Gross operating margin -€18,108
down €18,108 (-454%), from -€3,993 to -€22,100
- Financial income -€3,935
down €3,935 (-28.6%), from €13,760 to €9,825
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 | €646,076 | €621,214 | -€24,862 | -3.8% |
| Formation expenses | 20 | €1,008 | €35 | -€974 | -96.6% |
| Fixed assets | 21/28 | €41,972 | €38,466 | -€3,506 | -8.4% |
| Tangible fixed assets | 22/27 | €41,972 | €38,466 | -€3,506 | -8.4% |
| Other tangible fixed assets | 26 | €41,972 | €38,466 | -€3,506 | -8.4% |
| Current assets | 29/58 | €603,096 | €582,713 | -€20,383 | -3.4% |
| Amounts receivable within one year | 40/41 | €6,197 | €8,239 | +€2,042 | +32.9% |
| Other amounts receivable | 41 | €6,197 | €8,239 | +€2,042 | +32.9% |
| Cash at bank and in hand | 54/58 | €596,899 | €574,474 | -€22,425 | -3.8% |
| Total equity and liabilities | 10/49 | €646,076 | €621,214 | -€24,862 | -3.8% |
| Equity | 10/15 | €642,371 | €617,509 | -€24,862 | -3.9% |
| Contributions | 10/11 | €690,663 | €690,663 | = | 0.0% |
| Capital | 10 | €690,663 | €690,663 | = | 0.0% |
| Issued capital | 100 | €2,753,163 | €2,753,163 | = | 0.0% |
| Uncalled capital | 101 | €2,062,500 | €2,062,500 | = | 0.0% |
| Reserves | 13 | €416 | €416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €416 | €416 | = | 0.0% |
| Legal reserve | 130 | €416 | €416 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,708 | -€73,570 | -€24,862 | -51.0% |
| Amounts payable | 17/49 | €3,705 | €3,705 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,705 | €3,705 | = | 0.0% |
| Trade debts | 44 | €3,705 | €3,705 | = | 0.0% |
| Suppliers | 440/4 | €3,705 | €3,705 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,574 | €4,479 | -€95 | -2.1% |
| Other operating charges | 640/8 | €7,416 | €7,595 | +€178 | +2.4% |
| Gross operating margin | 9900 | -€3,993 | -€22,100 | -€18,108 | -454% |
| Operating profit (loss) | 9901 | -€15,983 | -€34,174 | -€18,191 | -114% |
| Financial income | 75/76B | €13,760 | €9,825 | -€3,935 | -28.6% |
| Recurring financial income | 75 | €13,760 | €9,825 | -€3,935 | -28.6% |
| Financial charges | 65/66B | €516 | €513 | -€3 | -0.7% |
| Recurring financial charges | 65 | €516 | €513 | -€3 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,739 | -€24,862 | -€22,123 | -808% |
| Profit (loss) for the period | 9904 | -€2,739 | -€24,862 | -€22,123 | -808% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,739 | -€24,862 | -€22,123 | -808% |
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.