SOGEVISA: 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.
SOGEVISA
Largest movements
- Receivables within one year -€55,386
down €55,386 (-10.0%), from €553,389 to €498,002
of which Other amounts receivable: -€75,299
- Deferred charges and accrued income -€15,557
down €15,557 (-42.0%), from €36,996 to €21,439
- Reserves -€55,000
down €55,000 (-20.7%), from €265,860 to €210,860
- Other debts -€18,475
down €18,475 (-25.1%), from €73,475 to €55,000
- Purchases and services -€52,029
down €52,029 (-100%), from €52,029 to €0
- Turnover -€19,980
down €19,980 (-100%), from €19,980 to €0
- Financial income -€15,021
down €15,021 (-42.9%), from €34,980 to €19,960
- Gross operating margin +€6,303
up €6,303 (+27.1%), from -€23,273 to -€16,970
- Taxes -€2,032
down €2,032 (-35.2%), from €5,769 to €3,737
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 | €599,733 | €524,409 | -€75,325 | -12.6% |
| Fixed assets | 21/28 | €182 | €0 | -€182 | -100% |
| Tangible fixed assets | 22/27 | €182 | €0 | -€182 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €182 | €0 | -€182 | -100% |
| Current assets | 29/58 | €599,551 | €524,409 | -€75,142 | -12.5% |
| Amounts receivable within one year | 40/41 | €553,389 | €498,002 | -€55,386 | -10.0% |
| Trade receivables | 40 | €18,087 | €38,000 | +€19,913 | +110% |
| Other amounts receivable | 41 | €535,302 | €460,002 | -€75,299 | -14.1% |
| Cash at bank and in hand | 54/58 | €9,167 | €4,967 | -€4,199 | -45.8% |
| Deferred charges and accrued income | 490/1 | €36,996 | €21,439 | -€15,557 | -42.0% |
| Total equity and liabilities | 10/49 | €599,733 | €524,409 | -€75,325 | -12.6% |
| Equity | 10/15 | €516,452 | €458,793 | -€57,659 | -11.2% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €265,860 | €210,860 | -€55,000 | -20.7% |
| Distributable reserves | 133 | €265,860 | €210,860 | -€55,000 | -20.7% |
| Profit (loss) carried forward | 14 | €141,992 | €139,333 | -€2,659 | -1.9% |
| Amounts payable | 17/49 | €83,282 | €65,616 | -€17,665 | -21.2% |
| Amounts payable within one year | 42/48 | €83,282 | €65,616 | -€17,665 | -21.2% |
| Trade debts | 44 | €0 | €1,111 | +€1,111 | |
| Suppliers | 440/4 | €0 | €1,111 | +€1,111 | |
| Taxes, remuneration and social security | 45 | €9,807 | €9,505 | -€301 | -3.1% |
| Taxes | 450/3 | €9,807 | €9,505 | -€301 | -3.1% |
| Other amounts payable | 47/48 | €73,475 | €55,000 | -€18,475 | -25.1% |
| Turnover | 70 | €19,980 | €0 | -€19,980 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,029 | €0 | -€52,029 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €761 | €182 | -€579 | -76.1% |
| Other operating charges | 640/8 | €1,580 | €1,382 | -€198 | -12.5% |
| Gross operating margin | 9900 | -€23,273 | -€16,970 | +€6,303 | +27.1% |
| Operating profit (loss) | 9901 | -€25,615 | -€18,534 | +€7,081 | +27.6% |
| Financial income | 75/76B | €34,980 | €19,960 | -€15,021 | -42.9% |
| Recurring financial income | 75 | €34,980 | €19,960 | -€15,021 | -42.9% |
| Financial charges | 65/66B | €265 | €348 | +€82 | +31.1% |
| Recurring financial charges | 65 | €265 | €348 | +€82 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €9,100 | €1,077 | -€8,023 | -88.2% |
| Income taxes | 67/77 | €5,769 | €3,737 | -€2,032 | -35.2% |
| Profit (loss) for the period | 9904 | €3,331 | -€2,659 | -€5,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,331 | -€2,659 | -€5,990 |
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 19 October 2026 via checked.be.