SOGEXFI: 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.
SOGEXFI
Largest movements
- Financial fixed assets +€5.9m
new in 2025: €5.9m
- Receivables within one year -€4.3m
down €4.3m (-98.9%), from €4.4m to €46,660
of which Other amounts receivable: -€4.3m
- Cash +€721,135
up €721,135 (+729%), from €98,985 to €820,121
mainly Receivables within one year (+€4.3m) and Debts after one year (+€3.1m)
- Debts after one year +€3.1m
new in 2025: €3.1m
- Other debts -€782,710
down €782,710 (-16.9%), from €4.6m to €3.9m
- Turnover -€127,616
down €127,616 (-70.0%), from €182,347 to €54,731
- Financial income +€46,744
up €46,744 (+50.6%), from €92,328 to €139,072
- Services and other goods +€11,190
up €11,190 (+28.6%), from €39,097 to €50,287
- Financial charges -€4,930
down €4,930 (-2.7%), from €180,797 to €175,866
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 | €4,457,197 | €6,727,838 | +€2.3m | +50.9% |
| Fixed assets | 21/28 | - | €5,859,449 | +€5.9m | |
| Financial fixed assets | 28 | - | €5,859,449 | +€5.9m | |
| Companies linked by participating interests | 282/3 | - | €5,859,449 | +€5.9m | |
| Amounts receivable | 283 | - | €5,859,449 | +€5.9m | |
| Current assets | 29/58 | €4,457,197 | €868,389 | -€3.6m | -80.5% |
| Amounts receivable within one year | 40/41 | €4,356,471 | €46,660 | -€4.3m | -98.9% |
| Trade receivables | 40 | €85,295 | €46,660 | -€38,635 | -45.3% |
| Other amounts receivable | 41 | €4,271,176 | - | -€4.3m | |
| Cash at bank and in hand | 54/58 | €98,985 | €820,121 | +€721,135 | +729% |
| Deferred charges and accrued income | 490/1 | €1,740 | €1,608 | -€133 | -7.6% |
| Total equity and liabilities | 10/49 | €4,457,197 | €6,727,838 | +€2.3m | +50.9% |
| Equity | 10/15 | -€370,592 | -€402,944 | -€32,351 | -8.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €16,817 | €16,817 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,817 | €16,817 | = | 0.0% |
| Legal reserve | 130 | €3,125 | €3,125 | = | 0.0% |
| Other | 1319 | €13,692 | €13,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€448,909 | -€481,261 | -€32,351 | -7.2% |
| Amounts payable | 17/49 | €4,827,789 | €7,130,782 | +€2.3m | +47.7% |
| Amounts payable after more than one year | 17 | - | €3,098,958 | +€3.1m | |
| Other amounts payable | 178/9 | - | €3,098,958 | +€3.1m | |
| Amounts payable within one year | 42/48 | €4,827,789 | €4,031,823 | -€795,966 | -16.5% |
| Trade debts | 44 | €186,911 | €181,535 | -€5,375 | -2.9% |
| Suppliers | 440/4 | €186,911 | €181,535 | -€5,375 | -2.9% |
| Taxes, remuneration and social security | 45 | €7,880 | €0 | -€7,880 | -100% |
| Taxes | 450/3 | €7,880 | €0 | -€7,880 | -100% |
| Other amounts payable | 47/48 | €4,632,998 | €3,850,288 | -€782,710 | -16.9% |
| Operating income | 70/76A | €182,347 | €54,731 | -€127,616 | -70.0% |
| Turnover | 70 | €182,347 | €54,731 | -€127,616 | -70.0% |
| Operating charges | 60/66A | €39,097 | €50,287 | +€11,190 | +28.6% |
| Services and other goods | 61 | €39,097 | €50,287 | +€11,190 | +28.6% |
| Operating profit (loss) | 9901 | €143,250 | €4,443 | -€138,806 | -96.9% |
| Financial income | 75/76B | €92,328 | €139,072 | +€46,744 | +50.6% |
| Recurring financial income | 75 | €92,328 | €139,072 | +€46,744 | +50.6% |
| Income from financial fixed assets | 750 | - | €139,072 | +€139,072 | |
| Income from current assets | 751 | €92,328 | - | -€92,328 | |
| Financial charges | 65/66B | €180,797 | €175,866 | -€4,930 | -2.7% |
| Recurring financial charges | 65 | €180,797 | €175,866 | -€4,930 | -2.7% |
| Debt charges | 650 | €178,747 | €173,817 | -€4,930 | -2.8% |
| Other financial charges | 652/9 | €2,050 | €2,050 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €54,781 | -€32,351 | -€87,132 | |
| Profit (loss) for the period | 9904 | €54,781 | -€32,351 | -€87,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,781 | -€32,351 | -€87,132 |
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 20 October 2026 via checked.be.