SOGEVA: what changed
Two fiscal 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.
SOGEVA
Largest movements
- Current investments +€53,363
up €53,363 (+38.2%), from €139,725 to €193,088
- Cash -€34,643
down €34,643 (-31.1%), from €111,229 to €76,586
mainly Current investments (-€53,363) and Investment in fixed assets (net) (-€15,701)
- Reserves +€14,864
up €14,864 (+5.6%), from €265,275 to €280,139
- Gross operating margin +€9,915
up €9,915 (+28.8%), from €34,475 to €44,391
- Depreciation +€3,771
up €3,771 (+31.1%), from €12,119 to €15,890
- Taxes +€2,218
up €2,218 (+43.4%), from €5,115 to €7,332
- Financial income +€1,912
up €1,912 (+169.7%), from €1,127 to €3,039
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.
Cash bridge derived
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 | €293,153 | €308,936 | +€15,784 | +5.4% |
| Fixed assets | 21/28 | €39,451 | €39,263 | -€189 | -0.5% |
| Tangible fixed assets | 22/27 | €39,451 | €39,263 | -€189 | -0.5% |
| Land and buildings | 22 | €39,451 | €39,263 | -€189 | -0.5% |
| Current assets | 29/58 | €253,701 | €269,674 | +€15,972 | +6.3% |
| Amounts receivable within one year | 40/41 | €2,747 | - | -€2,747 | |
| Other amounts receivable | 41 | €2,747 | - | -€2,747 | |
| Current investments | 50/53 | €139,725 | €193,088 | +€53,363 | +38.2% |
| Cash at bank and in hand | 54/58 | €111,229 | €76,586 | -€34,643 | -31.1% |
| Total equity and liabilities | 10/49 | €293,153 | €308,936 | +€15,784 | +5.4% |
| Equity | 10/15 | €285,275 | €300,139 | +€14,864 | +5.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €265,275 | €280,139 | +€14,864 | +5.6% |
| Distributable reserves | 133 | €265,275 | €280,139 | +€14,864 | +5.6% |
| Amounts payable | 17/49 | €7,878 | €8,797 | +€920 | +11.7% |
| Amounts payable within one year | 42/48 | €5,117 | €5,989 | +€873 | +17.1% |
| Taxes, remuneration and social security | 45 | €777 | - | -€777 | |
| Taxes | 450/3 | €777 | - | -€777 | |
| Other amounts payable | 47/48 | €4,340 | €5,989 | +€1,649 | +38.0% |
| Accrued charges and deferred income | 492/3 | €2,761 | €2,808 | +€47 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,119 | €15,890 | +€3,771 | +31.1% |
| Other operating charges | 640/8 | €9,027 | €9,301 | +€275 | +3.0% |
| Gross operating margin | 9900 | €34,475 | €44,391 | +€9,915 | +28.8% |
| Operating profit (loss) | 9901 | €13,330 | €19,200 | +€5,870 | +44.0% |
| Financial income | 75/76B | €1,127 | €3,039 | +€1,912 | +169.7% |
| Recurring financial income | 75 | €1,127 | €3,039 | +€1,912 | +169.7% |
| Financial charges | 65/66B | €43 | €42 | -€1 | -2.3% |
| Recurring financial charges | 65 | €43 | €42 | -€1 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €14,413 | €22,196 | +€7,783 | +54.0% |
| Income taxes | 67/77 | €5,115 | €7,332 | +€2,218 | +43.4% |
| Profit (loss) for the period | 9904 | €9,299 | €14,864 | +€5,565 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,299 | €14,864 | +€5,565 | +59.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.