SOGIELMA: 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.
SOGIELMA
Largest movements
- Tangible fixed assets -€26,408
down €26,408 (-6.4%), from €410,338 to €383,930
- Cash +€11,746
up €11,746 (+187%), from €6,296 to €18,042
mainly Depreciation (+€38,265) and Net result for the year (+€22,987)
- Receivables within one year -€7,294
down €7,294 (-42.7%), from €17,076 to €9,782
of which Trade receivables: -€5,203
- Other debts -€25,811
down €25,811 (-14.8%), from €173,915 to €148,104
- Debts after one year -€24,596
down €24,596 (-8.2%), from €300,330 to €275,733
of which Financial debts: -€24,596
- Profit (loss) carried forward +€22,987
up €22,987 (+34.3%), from -€67,058 to -€44,071
- Tax, wage and social debts +€13,550
up €13,550 (+185%), from €7,322 to €20,871
of which Taxes: +€17,769
- Trade debts -€9,485
down €9,485 (-66.9%), from €14,186 to €4,701
- Gross operating margin +€63,760
up €63,760 (+423%), from €15,086 to €78,847
- Depreciation +€10,297
up €10,297 (+36.8%), from €27,968 to €38,265
- Staff costs -€3,376
no longer reported in 2025 (was €3,376)
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 | €457,581 | €434,682 | -€22,899 | -5.0% |
| Fixed assets | 21/28 | €410,338 | €383,930 | -€26,408 | -6.4% |
| Tangible fixed assets | 22/27 | €410,338 | €383,930 | -€26,408 | -6.4% |
| Land and buildings | 22 | €347,619 | €334,969 | -€12,650 | -3.6% |
| Plant, machinery and equipment | 23 | €2,418 | €1,911 | -€507 | -21.0% |
| Furniture and vehicles | 24 | €1,300 | €603 | -€696 | -53.6% |
| Leasing and similar rights | 25 | €59,001 | €46,446 | -€12,555 | -21.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €47,242 | €50,752 | +€3,509 | +7.4% |
| Stocks and contracts in progress | 3 | €20,674 | €20,398 | -€276 | -1.3% |
| Stocks | 30/36 | €20,674 | €20,398 | -€276 | -1.3% |
| Amounts receivable within one year | 40/41 | €17,076 | €9,782 | -€7,294 | -42.7% |
| Trade receivables | 40 | €14,984 | €9,782 | -€5,203 | -34.7% |
| Other amounts receivable | 41 | €2,091 | - | -€2,091 | |
| Cash at bank and in hand | 54/58 | €6,296 | €18,042 | +€11,746 | +187% |
| Deferred charges and accrued income | 490/1 | €3,196 | €2,529 | -€667 | -20.9% |
| Total equity and liabilities | 10/49 | €457,581 | €434,682 | -€22,899 | -5.0% |
| Equity | 10/15 | -€63,058 | -€40,071 | +€22,987 | +36.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,058 | -€44,071 | +€22,987 | +34.3% |
| Amounts payable | 17/49 | €520,639 | €474,753 | -€45,886 | -8.8% |
| Amounts payable after more than one year | 17 | €300,330 | €275,733 | -€24,596 | -8.2% |
| Financial debts | 170/4 | €298,830 | €274,233 | -€24,596 | -8.2% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €220,309 | €199,020 | -€21,289 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €24,887 | €25,343 | +€457 | +1.8% |
| Trade debts | 44 | €14,186 | €4,701 | -€9,485 | -66.9% |
| Suppliers | 440/4 | €14,186 | €4,701 | -€9,485 | -66.9% |
| Taxes, remuneration and social security | 45 | €7,322 | €20,871 | +€13,550 | +185% |
| Taxes | 450/3 | €3,102 | €20,871 | +€17,769 | +573% |
| Remuneration and social security | 454/9 | €4,220 | - | -€4,220 | |
| Other amounts payable | 47/48 | €173,915 | €148,104 | -€25,811 | -14.8% |
| Remuneration, social security and pensions | 62 | €3,376 | - | -€3,376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,968 | €38,265 | +€10,297 | +36.8% |
| Other operating charges | 640/8 | €2,176 | €2,648 | +€472 | +21.7% |
| Gross operating margin | 9900 | €15,086 | €78,847 | +€63,760 | +423% |
| Operating profit (loss) | 9901 | -€18,434 | €37,934 | +€56,368 | |
| Financial income | 75/76B | €20 | €74 | +€53 | +261% |
| Recurring financial income | 75 | €20 | €74 | +€53 | +261% |
| Financial charges | 65/66B | €14,772 | €14,809 | +€37 | +0.3% |
| Recurring financial charges | 65 | €14,772 | €14,809 | +€37 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,185 | €23,199 | +€56,384 | |
| Income taxes | 67/77 | €55 | €212 | +€158 | +289% |
| Profit (loss) for the period | 9904 | -€33,239 | €22,987 | +€56,226 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,239 | €22,987 | +€56,226 |
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 28 October 2026 via checked.be.