SOGID: 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.
SOGID
Largest movements
- Receivables within one year -€51,519
down €51,519 (-49.6%), from €103,864 to €52,345
of which Trade receivables: -€64,248
- Cash +€42,003
up €42,003 (+16.1%), from €261,310 to €303,313
mainly Other debts (+€76,021) and Receivables within one year (+€51,519)
- Deferred charges and accrued income +€5,992
up €5,992 (+83.1%), from €7,214 to €13,206
- Reserves -€78,421
down €78,421 (-45.0%), from €174,121 to €95,700
of which Distributable reserves: -€79,021
- Other debts +€76,021
up €76,021 (+262%), from €29,000 to €105,021
- Trade debts -€6,984
down €6,984 (-19.1%), from €36,546 to €29,562
- Tax, wage and social debts +€5,340
new in 2025: €5,340
- Gross operating margin -€50,879
down €50,879 (-52.6%), from €96,720 to €45,841
- Taxes -€14,027
down €14,027 (-52.2%), from €26,884 to €12,857
- Depreciation +€1,441
up €1,441 (+38.0%), from €3,790 to €5,230
- Financial income -€1,216
down €1,216 (-99.4%), from €1,224 to €8
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 | €394,390 | €390,650 | -€3,740 | -0.9% |
| Fixed assets | 21/28 | €22,001 | €21,785 | -€216 | -1.0% |
| Tangible fixed assets | 22/27 | €19,862 | €19,631 | -€230 | -1.2% |
| Furniture and vehicles | 24 | €19,862 | €19,631 | -€230 | -1.2% |
| Financial fixed assets | 28 | €2,140 | €2,154 | +€15 | +0.7% |
| Current assets | 29/58 | €372,389 | €368,865 | -€3,524 | -0.9% |
| Amounts receivable within one year | 40/41 | €103,864 | €52,345 | -€51,519 | -49.6% |
| Trade receivables | 40 | €96,329 | €32,082 | -€64,248 | -66.7% |
| Other amounts receivable | 41 | €7,535 | €20,263 | +€12,729 | +169% |
| Cash at bank and in hand | 54/58 | €261,310 | €303,313 | +€42,003 | +16.1% |
| Deferred charges and accrued income | 490/1 | €7,214 | €13,206 | +€5,992 | +83.1% |
| Total equity and liabilities | 10/49 | €394,390 | €390,650 | -€3,740 | -0.9% |
| Equity | 10/15 | €328,844 | €250,710 | -€78,134 | -23.8% |
| Contributions | 10/11 | €153,000 | €153,000 | = | 0.0% |
| Capital | 10 | €153,000 | €153,000 | = | 0.0% |
| Issued capital | 100 | €153,000 | €153,000 | = | 0.0% |
| Reserves | 13 | €174,121 | €95,700 | -€78,421 | -45.0% |
| Non-distributable reserves | 130/1 | €13,400 | €14,000 | +€600 | +4.5% |
| Legal reserve | 130 | €13,400 | €14,000 | +€600 | +4.5% |
| Distributable reserves | 133 | €160,721 | €81,700 | -€79,021 | -49.2% |
| Profit (loss) carried forward | 14 | €1,723 | €2,010 | +€287 | +16.7% |
| Amounts payable | 17/49 | €65,546 | €139,940 | +€74,394 | +113% |
| Amounts payable within one year | 42/48 | €65,546 | €139,923 | +€74,377 | +113% |
| Trade debts | 44 | €36,546 | €29,562 | -€6,984 | -19.1% |
| Suppliers | 440/4 | €36,546 | €29,562 | -€6,984 | -19.1% |
| Taxes, remuneration and social security | 45 | - | €5,340 | +€5,340 | |
| Taxes | 450/3 | - | €5,340 | +€5,340 | |
| Other amounts payable | 47/48 | €29,000 | €105,021 | +€76,021 | +262% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,790 | €5,230 | +€1,441 | +38.0% |
| Other operating charges | 640/8 | €412 | €450 | +€37 | +9.1% |
| Gross operating margin | 9900 | €96,720 | €45,841 | -€50,879 | -52.6% |
| Operating profit (loss) | 9901 | €92,518 | €40,161 | -€52,357 | -56.6% |
| Financial income | 75/76B | €1,224 | €8 | -€1,216 | -99.4% |
| Recurring financial income | 75 | €1,224 | €8 | -€1,216 | -99.4% |
| Financial charges | 65/66B | €244 | €424 | +€180 | +73.8% |
| Recurring financial charges | 65 | €244 | €424 | +€180 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €93,498 | €39,745 | -€53,753 | -57.5% |
| Income taxes | 67/77 | €26,884 | €12,857 | -€14,027 | -52.2% |
| Profit (loss) for the period | 9904 | €66,613 | €26,887 | -€39,726 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,613 | €26,887 | -€39,726 | -59.6% |
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.