SOGEVEST: 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.
SOGEVEST
Largest movements
- Tangible fixed assets -€6,712
down €6,712 (-5.9%), from €113,466 to €106,755
of which Land and buildings: -€8,011
- Cash +€4,655
up €4,655 (+10.7%), from €43,659 to €48,314
mainly Depreciation (+€10,818) and Trade debts (+€1,874)
- Deferred charges and accrued income +€2,232
up €2,232 (+229%), from €974 to €3,206
- Profit (loss) carried forward -€3,284
down €3,284 (-3.7%), from €88,477 to €85,193
- Trade debts +€1,874
up €1,874 (+155%), from €1,210 to €3,084
- Gross operating margin +€7,519
up €7,519 (+247%), from €3,048 to €10,568
- Depreciation -€1,125
down €1,125 (-9.4%), from €11,943 to €10,818
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 | €159,100 | €158,275 | -€825 | -0.5% |
| Fixed assets | 21/28 | €113,466 | €106,755 | -€6,712 | -5.9% |
| Tangible fixed assets | 22/27 | €113,466 | €106,755 | -€6,712 | -5.9% |
| Land and buildings | 22 | €109,916 | €101,905 | -€8,011 | -7.3% |
| Plant, machinery and equipment | 23 | €3,550 | €4,849 | +€1,299 | +36.6% |
| Current assets | 29/58 | €45,633 | €51,520 | +€5,887 | +12.9% |
| Amounts receivable within one year | 40/41 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €43,659 | €48,314 | +€4,655 | +10.7% |
| Deferred charges and accrued income | 490/1 | €974 | €3,206 | +€2,232 | +229% |
| Total equity and liabilities | 10/49 | €159,100 | €158,275 | -€825 | -0.5% |
| Equity | 10/15 | €157,890 | €154,606 | -€3,284 | -2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,213 | €1,213 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,477 | €85,193 | -€3,284 | -3.7% |
| Amounts payable | 17/49 | €1,210 | €3,669 | +€2,459 | +203% |
| Amounts payable within one year | 42/48 | €1,210 | €3,084 | +€1,874 | +155% |
| Trade debts | 44 | €1,210 | €3,084 | +€1,874 | +155% |
| Suppliers | 440/4 | €1,210 | €3,084 | +€1,874 | +155% |
| Accrued charges and deferred income | 492/3 | - | €585 | +€585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,943 | €10,818 | -€1,125 | -9.4% |
| Other operating charges | 640/8 | €2,947 | €3,027 | +€80 | +2.7% |
| Gross operating margin | 9900 | €3,048 | €10,568 | +€7,519 | +247% |
| Operating profit (loss) | 9901 | -€11,842 | -€3,278 | +€8,564 | +72.3% |
| Financial charges | 65/66B | - | €6 | +€6 | |
| Recurring financial charges | 65 | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | -€11,842 | -€3,284 | +€8,558 | +72.3% |
| Profit (loss) for the period | 9904 | -€11,842 | -€3,284 | +€8,558 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,842 | -€3,284 | +€8,558 | +72.3% |
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 15 October 2026 via checked.be.