SOGIMO: what changed
Two fiscal 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.
What changed
SOGIMO
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,291
2024 · €3,581-€1,290
Equity
€2.4m
2024 · €2.4m+€2,291
Cash
€136,285
2024 · €253,821-€117,536
Balance sheet total
€4.6m
2024 · €4.6m-€34,009
Largest movements
Assets
- Current investments +€200,000
new in 2025: €200,000
- Tangible fixed assets -€121,787
down €121,787 (-3.4%), from €3.6m to €3.5m
- Cash -€117,536
down €117,536 (-46.3%), from €253,821 to €136,285
mainly Current investments (-€200,000) and Debts after one year (-€64,171)
Equity and liabilities
- Debts after one year -€64,171
down €64,171 (-8.5%), from €751,036 to €686,865
Income statement
- Gross operating margin -€9,571
down €9,571 (-4.1%), from €233,839 to €224,268
- Depreciation -€2,695
down €2,695 (-2.2%), from €124,481 to €121,787
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.
Result 2024
€3,581
Gross operating margin
-€9,571
Depreciation
+€2,695
Other operating charges
-€795
Other operating items
+€3,500
Financial income
+€1,215
Financial charges
+€216
Taxes
+€1,450
Result 2025
€2,291
Cash bridge derived
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.
From operations
+€145,853
Investment
-€200,000
Financing
-€63,389
Cash 2024
€253,821
From operations (derived)
+€145,853
Net result for the year
+€2,291
Depreciation
+€121,787
Stocks and contracts
-€5,374
Receivables within one year
-€804
Deferred charges and accrued income
+€864
Trade debts
-€1,085
Tax, wage and social debts
+€204
Other debts
+€26,040
Accrued charges and deferred income
+€1,930
Investment (derived)
-€200,000
Current investments
-€200,000
Financing
-€63,389
Debts after one year
-€64,171
Current portion of long-term debt
+€781
Cash 2025
€136,285
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,599,473 | €4,565,464 | -€34,009 | -0.7% |
| Fixed assets | 21/28 | €3,595,680 | €3,473,893 | -€121,787 | -3.4% |
| Tangible fixed assets | 22/27 | €3,595,680 | €3,473,893 | -€121,787 | -3.4% |
| Land and buildings | 22 | €3,595,680 | €3,473,893 | -€121,787 | -3.4% |
| Current assets | 29/58 | €1,003,793 | €1,091,571 | +€87,778 | +8.7% |
| Stocks and contracts in progress | 3 | €739,500 | €744,874 | +€5,374 | +0.7% |
| Stocks | 30/36 | €739,500 | €744,874 | +€5,374 | +0.7% |
| Amounts receivable within one year | 40/41 | €6,185 | €6,988 | +€804 | +13.0% |
| Other amounts receivable | 41 | €6,185 | €6,988 | +€804 | +13.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €253,821 | €136,285 | -€117,536 | -46.3% |
| Deferred charges and accrued income | 490/1 | €4,287 | €3,424 | -€864 | -20.1% |
| Total equity and liabilities | 10/49 | €4,599,473 | €4,565,464 | -€34,009 | -0.7% |
| Equity | 10/15 | €2,389,860 | €2,392,151 | +€2,291 | +0.1% |
| Contributions | 10/11 | €2,391,600 | €2,391,600 | = | 0.0% |
| Reserves | 13 | €40,400 | €40,400 | = | 0.0% |
| Distributable reserves | 133 | €40,400 | €40,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,140 | -€39,849 | +€2,291 | +5.4% |
| Amounts payable | 17/49 | €2,209,613 | €2,173,313 | -€36,300 | -1.6% |
| Amounts payable after more than one year | 17 | €751,036 | €686,865 | -€64,171 | -8.5% |
| Financial debts | 170/4 | €751,036 | €686,865 | -€64,171 | -8.5% |
| Amounts payable within one year | 42/48 | €1,453,322 | €1,479,262 | +€25,941 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €63,389 | €64,171 | +€781 | +1.2% |
| Trade debts | 44 | €1,568 | €483 | -€1,085 | -69.2% |
| Suppliers | 440/4 | €1,568 | €483 | -€1,085 | -69.2% |
| Taxes, remuneration and social security | 45 | €20,718 | €20,922 | +€204 | +1.0% |
| Taxes | 450/3 | €20,718 | €20,922 | +€204 | +1.0% |
| Other amounts payable | 47/48 | €1,367,646 | €1,393,686 | +€26,040 | +1.9% |
| Accrued charges and deferred income | 492/3 | €5,255 | €7,185 | +€1,930 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,481 | €121,787 | -€2,695 | -2.2% |
| Other operating charges | 640/8 | €20,192 | €20,986 | +€795 | +3.9% |
| Non-recurring operating charges | 66A | €3,500 | - | -€3,500 | |
| Gross operating margin | 9900 | €233,839 | €224,268 | -€9,571 | -4.1% |
| Operating profit (loss) | 9901 | €85,666 | €81,495 | -€4,171 | -4.9% |
| Financial income | 75/76B | €160 | €1,375 | +€1,215 | +758.2% |
| Recurring financial income | 75 | €160 | €1,375 | +€1,215 | +758.2% |
| Financial charges | 65/66B | €80,032 | €79,816 | -€216 | -0.3% |
| Recurring financial charges | 65 | €80,032 | €79,816 | -€216 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €5,794 | €3,054 | -€2,740 | -47.3% |
| Income taxes | 67/77 | €2,213 | €763 | -€1,450 | -65.5% |
| Profit (loss) for the period | 9904 | €3,581 | €2,291 | -€1,290 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,581 | €2,291 | -€1,290 | -36.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.