SOGETIM: what changed
What changed
SOGETIM
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
-€63,787
2024 · €229,122-€292,910
Equity
€142,163
2024 · €205,951-€63,787
Cash
€5,716
2024 · €72,363-€66,647
Balance sheet total
€1.5m
2024 · €1.5m+€8,525
Largest movements
Assets
- Cash -€66,647
down €66,647 (-92.1%), from €72,363 to €5,716
mainly Investment in fixed assets (net) (-€128,992) and Net result for the year (-€63,787)
- Tangible fixed assets +€66,338
up €66,338 (+5.8%), from €1.1m to €1.2m
of which Land and buildings: +€64,343
Equity and liabilities
- Trade debts +€55,908
up €55,908 (+94.6%), from €59,106 to €115,014
- Profit (loss) carried forward -€54,439
down €54,439 (-10.3%), from -€528,001 to -€582,441
Income statement
- Gross operating margin -€352,311
down €352,311 (-90.0%), from €391,384 to €39,073
- Depreciation +€13,010
up €13,010 (+26.2%), from €49,644 to €62,654
- Financial charges -€7,096
down €7,096 (-19.1%), from €37,140 to €30,044
- Taxes +€4,470
up €4,470 (+2,563%), from €174 to €4,644
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.
Result 2024
€229,122
Gross operating margin
-€352,311
Depreciation
-€13,010
Other operating charges
-€781
Other operating items
+€42
Financial income
-€2,655
Financial charges
+€7,096
Taxes
-€4,470
Deferred taxes and other
+€73,180
Result 2025
-€63,787
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€36,376
Investment
-€128,992
Financing
+€25,970
Cash 2024
€72,363
From operations (derived)
+€36,376
Net result for the year
-€63,787
Depreciation
+€62,654
Receivables within one year
-€9,080
Deferred charges and accrued income
+€246
Provisions
-€3,116
Trade debts
+€55,908
Tax, wage and social debts
-€13,812
Other debts
+€6,682
Accrued charges and deferred income
+€682
Investment (derived)
-€128,992
Investment in fixed assets (net)
-€128,992
Financing
+€25,970
Debts after one year
+€7,930
Current portion of long-term debt
+€4,770
Short-term financial debts
+€13,269
Cash 2025
€5,716
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,534,734 | €1,543,259 | +€8,525 | +0.6% |
| Fixed assets | 21/28 | €1,147,606 | €1,213,944 | +€66,338 | +5.8% |
| Tangible fixed assets | 22/27 | €1,147,306 | €1,213,644 | +€66,338 | +5.8% |
| Land and buildings | 22 | €1,143,489 | €1,207,832 | +€64,343 | +5.6% |
| Furniture and vehicles | 24 | €3,817 | €5,812 | +€1,995 | +52.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €387,128 | €329,315 | -€57,813 | -14.9% |
| Amounts receivable after more than one year | 29 | €139,131 | €139,131 | = | 0.0% |
| Other amounts receivable | 291 | €139,131 | €139,131 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175,259 | €184,339 | +€9,080 | +5.2% |
| Trade receivables | 40 | €59,413 | €109,339 | +€49,925 | +84.0% |
| Other amounts receivable | 41 | €115,846 | €75,000 | -€40,845 | -35.3% |
| Cash at bank and in hand | 54/58 | €72,363 | €5,716 | -€66,647 | -92.1% |
| Deferred charges and accrued income | 490/1 | €376 | €129 | -€246 | -65.6% |
| Total equity and liabilities | 10/49 | €1,534,734 | €1,543,259 | +€8,525 | +0.6% |
| Equity | 10/15 | €205,951 | €142,163 | -€63,787 | -31.0% |
| Contributions | 10/11 | €421,419 | €421,419 | = | 0.0% |
| Capital | 10 | €421,419 | €421,419 | = | 0.0% |
| Issued capital | 100 | €421,419 | €421,419 | = | 0.0% |
| Reserves | 13 | €312,533 | €303,185 | -€9,348 | -3.0% |
| Tax-exempt reserves | 132 | €312,533 | €303,185 | -€9,348 | -3.0% |
| Profit (loss) carried forward | 14 | -€528,001 | -€582,441 | -€54,439 | -10.3% |
| Provisions and deferred taxes | 16 | €104,178 | €101,062 | -€3,116 | -3.0% |
| Deferred taxes | 168 | €104,178 | €101,062 | -€3,116 | -3.0% |
| Amounts payable | 17/49 | €1,224,606 | €1,300,034 | +€75,428 | +6.2% |
| Amounts payable after more than one year | 17 | €1,082,136 | €1,090,066 | +€7,930 | +0.7% |
| Financial debts | 170/4 | €908,011 | €914,756 | +€6,745 | +0.7% |
| Other amounts payable | 178/9 | €174,125 | €175,310 | +€1,185 | +0.7% |
| Amounts payable within one year | 42/48 | €141,466 | €208,283 | +€66,816 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €45,251 | €50,021 | +€4,770 | +10.5% |
| Financial debts | 43 | €0 | €13,269 | +€13,269 | |
| Credit institutions | 430/8 | €0 | €13,269 | +€13,269 | |
| Trade debts | 44 | €59,106 | €115,014 | +€55,908 | +94.6% |
| Suppliers | 440/4 | €59,106 | €115,014 | +€55,908 | +94.6% |
| Taxes, remuneration and social security | 45 | €28,811 | €14,998 | -€13,812 | -47.9% |
| Taxes | 450/3 | €28,811 | €14,998 | -€13,812 | -47.9% |
| Other amounts payable | 47/48 | €8,298 | €14,980 | +€6,682 | +80.5% |
| Accrued charges and deferred income | 492/3 | €1,004 | €1,685 | +€682 | +67.9% |
| Non-recurring operating income | 76A | €374,290 | €0 | -€374,290 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,644 | €62,654 | +€13,010 | +26.2% |
| Other operating charges | 640/8 | €11,387 | €12,168 | +€781 | +6.9% |
| Non-recurring operating charges | 66A | €42 | €0 | -€42 | -100.0% |
| Gross operating margin | 9900 | €391,384 | €39,073 | -€352,311 | -90.0% |
| Operating profit (loss) | 9901 | €330,312 | -€35,749 | -€366,061 | |
| Financial income | 75/76B | €6,189 | €3,534 | -€2,655 | -42.9% |
| Recurring financial income | 75 | €6,189 | €3,534 | -€2,655 | -42.9% |
| Financial charges | 65/66B | €37,140 | €30,044 | -€7,096 | -19.1% |
| Recurring financial charges | 65 | €37,140 | €30,044 | -€7,096 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €299,361 | -€62,259 | -€361,620 | |
| Transfer from deferred taxes | 780 | €23,508 | €3,116 | -€20,392 | -86.7% |
| Transfer to deferred taxes | 680 | €93,572 | €0 | -€93,572 | -100% |
| Income taxes | 67/77 | €174 | €4,644 | +€4,470 | +2,563% |
| Profit (loss) for the period | 9904 | €229,122 | -€63,787 | -€292,910 | |
| Transfer from tax-exempt reserves | 789 | €52,149 | €9,348 | -€42,801 | -82.1% |
| Transfer to tax-exempt reserves | 689 | €280,717 | €0 | -€280,717 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €554 | -€54,439 | -€54,993 |
Next steps
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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 7 November 2026 via checked.be.