SOGINFI: what changed
SOGINFI
Largest movements
- Receivables after one year -€32,300
down €32,300 (-64.6%), from €50,000 to €17,700
- Cash +€22,075
up €22,075 (+2,158%), from €1,023 to €23,098
mainly Receivables after one year (+€32,300) and Depreciation (+€19,091)
- Receivables within one year -€13,308
down €13,308 (-61.0%), from €21,812 to €8,504
of which Other amounts receivable: -€8,986
- Deferred charges and accrued income +€5,854
up €5,854 (+592%), from €990 to €6,844
- Financial fixed assets +€1,300
new in 2025: €1,300
- Other debts -€26,400
down €26,400 (-79.9%), from €33,050 to €6,650
- Tax, wage and social debts +€13,464
up €13,464 (+177%), from €7,627 to €21,091
of which Taxes: +€13,464
- Current portion of long-term debt -€6,648
down €6,648 (-69.5%), from €9,560 to €2,912
- Trade debts +€5,672
up €5,672 (+151%), from €3,760 to €9,432
- Debts after one year -€2,912
no longer reported in 2025 (was €2,912)
- Gross operating margin +€24,696
up €24,696 (+210%), from €11,734 to €36,430
- Depreciation +€5,502
up €5,502 (+40.5%), from €13,589 to €19,091
- Taxes +€2,490
up €2,490 (+438%), from €568 to €3,058
- Financial charges -€781
down €781 (-30.6%), from €2,551 to €1,770
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,249 | €87,464 | -€15,785 | -15.3% |
| Fixed assets | 21/28 | €26,083 | €27,576 | +€1,493 | +5.7% |
| Tangible fixed assets | 22/27 | €26,083 | €26,276 | +€193 | +0.7% |
| Plant, machinery and equipment | 23 | €19,516 | €23,724 | +€4,208 | +21.6% |
| Furniture and vehicles | 24 | €1,157 | €844 | -€313 | -27.0% |
| Other tangible fixed assets | 26 | €5,410 | €1,708 | -€3,702 | -68.4% |
| Financial fixed assets | 28 | - | €1,300 | +€1,300 | |
| Current assets | 29/58 | €77,166 | €59,888 | -€17,278 | -22.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €17,700 | -€32,300 | -64.6% |
| Other amounts receivable | 291 | €50,000 | €17,700 | -€32,300 | -64.6% |
| Stocks and contracts in progress | 3 | €3,341 | €3,742 | +€401 | +12.0% |
| Stocks | 30/36 | €3,341 | €3,742 | +€401 | +12.0% |
| Amounts receivable within one year | 40/41 | €21,812 | €8,504 | -€13,308 | -61.0% |
| Trade receivables | 40 | €7,438 | €3,116 | -€4,322 | -58.1% |
| Other amounts receivable | 41 | €14,374 | €5,388 | -€8,986 | -62.5% |
| Cash at bank and in hand | 54/58 | €1,023 | €23,098 | +€22,075 | +2,158% |
| Deferred charges and accrued income | 490/1 | €990 | €6,844 | +€5,854 | +592% |
| Total equity and liabilities | 10/49 | €103,249 | €87,464 | -€15,785 | -15.3% |
| Equity | 10/15 | €46,340 | €47,378 | +€1,039 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,860 | €8,860 | = | 0.0% |
| Distributable reserves | 133 | €8,860 | €8,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,280 | €32,318 | +€1,039 | +3.3% |
| Amounts payable | 17/49 | €56,909 | €40,085 | -€16,824 | -29.6% |
| Amounts payable after more than one year | 17 | €2,912 | - | -€2,912 | |
| Financial debts | 170/4 | €2,912 | - | -€2,912 | |
| Amounts payable within one year | 42/48 | €53,997 | €40,085 | -€13,912 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €9,560 | €2,912 | -€6,648 | -69.5% |
| Trade debts | 44 | €3,760 | €9,432 | +€5,672 | +151% |
| Suppliers | 440/4 | €3,760 | €9,432 | +€5,672 | +151% |
| Taxes, remuneration and social security | 45 | €7,627 | €21,091 | +€13,464 | +177% |
| Taxes | 450/3 | €3,627 | €17,091 | +€13,464 | +371% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €33,050 | €6,650 | -€26,400 | -79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,589 | €19,091 | +€5,502 | +40.5% |
| Other operating charges | 640/8 | €1,495 | €1,492 | -€3 | -0.2% |
| Non-recurring operating charges | 66A | - | €3,097 | +€3,097 | |
| Gross operating margin | 9900 | €11,734 | €36,430 | +€24,696 | +210% |
| Operating profit (loss) | 9901 | -€3,350 | €12,750 | +€16,099 | |
| Financial income | 75/76B | €47 | €117 | +€70 | +151% |
| Recurring financial income | 75 | €47 | €117 | +€70 | +151% |
| Financial charges | 65/66B | €2,551 | €1,770 | -€781 | -30.6% |
| Recurring financial charges | 65 | €2,551 | €1,770 | -€781 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,854 | €11,096 | +€16,951 | |
| Income taxes | 67/77 | €568 | €3,058 | +€2,490 | +438% |
| Profit (loss) for the period | 9904 | -€6,422 | €8,039 | +€14,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,422 | €8,039 | +€14,461 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.