SOGITEC: 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.
SOGITEC
Largest movements
- Cash +€11,598
up €11,598 (+3,621%), from €320 to €11,918
mainly Net result for the year (+€20,113) and Tax, wage and social debts (+€9,703)
- Receivables within one year +€7,101
up €7,101 (+18.7%), from €38,006 to €45,107
of which Trade receivables: +€9,608
- Contributions +€30,000
new in 2026: €30,000
- Reserves -€9,887
down €9,887 (-25.8%), from €38,315 to €28,428
of which Distributable reserves: -€9,887
- Tax, wage and social debts +€9,703
new in 2026: €9,703
- Advances received -€7,450
no longer reported in 2026 (was €7,450)
- Short-term financial debts -€5,604
no longer reported in 2026 (was €5,604)
- Gross operating margin +€23,096
up €23,096 (+216%), from €10,684 to €33,781
- Taxes +€8,526
up €8,526 (+235%), from €3,621 to €12,147
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,672 | €57,060 | +€18,388 | +47.5% |
| Fixed assets | 21/28 | €334 | - | -€334 | |
| Tangible fixed assets | 22/27 | €334 | - | -€334 | |
| Furniture and vehicles | 24 | €334 | - | -€334 | |
| Current assets | 29/58 | €38,338 | €57,060 | +€18,722 | +48.8% |
| Amounts receivable within one year | 40/41 | €38,006 | €45,107 | +€7,101 | +18.7% |
| Trade receivables | 40 | €7,550 | €17,158 | +€9,608 | +127% |
| Other amounts receivable | 41 | €30,456 | €27,949 | -€2,506 | -8.2% |
| Cash at bank and in hand | 54/58 | €320 | €11,918 | +€11,598 | +3,621% |
| Deferred charges and accrued income | 490/1 | €12 | €34 | +€22 | +187% |
| Total equity and liabilities | 10/49 | €38,672 | €57,060 | +€18,388 | +47.5% |
| Equity | 10/15 | €24,304 | €44,417 | +€20,113 | +82.8% |
| Contributions | 10/11 | - | €30,000 | +€30,000 | |
| Reserves | 13 | €38,315 | €28,428 | -€9,887 | -25.8% |
| Tax-exempt reserves | 132 | €5,575 | €5,575 | = | 0.0% |
| Distributable reserves | 133 | €32,740 | €22,853 | -€9,887 | -30.2% |
| Profit (loss) carried forward | 14 | -€14,012 | -€14,012 | = | 0.0% |
| Amounts payable | 17/49 | €14,369 | €12,643 | -€1,725 | -12.0% |
| Amounts payable within one year | 42/48 | €14,369 | €12,643 | -€1,725 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €433 | €1,034 | +€602 | +139% |
| Financial debts | 43 | €5,604 | - | -€5,604 | |
| Credit institutions | 430/8 | €5,604 | - | -€5,604 | |
| Trade debts | 44 | €544 | €1,906 | +€1,362 | +251% |
| Suppliers | 440/4 | €544 | €1,906 | +€1,362 | +251% |
| Advances received on contracts in progress | 46 | €7,450 | - | -€7,450 | |
| Taxes, remuneration and social security | 45 | - | €9,703 | +€9,703 | |
| Taxes | 450/3 | - | €9,703 | +€9,703 | |
| Other amounts payable | 47/48 | €338 | - | -€338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €334 | -€167 | -33.3% |
| Other operating charges | 640/8 | €1,354 | €1,668 | +€314 | +23.2% |
| Gross operating margin | 9900 | €10,684 | €33,781 | +€23,096 | +216% |
| Operating profit (loss) | 9901 | €8,829 | €31,778 | +€22,949 | +260% |
| Financial income | 75/76B | €1,421 | €1,543 | +€123 | +8.6% |
| Recurring financial income | 75 | €1,421 | €1,543 | +€123 | +8.6% |
| Financial charges | 65/66B | €1,045 | €1,062 | +€17 | +1.6% |
| Recurring financial charges | 65 | €1,045 | €1,062 | +€17 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €9,205 | €32,260 | +€23,055 | +250% |
| Income taxes | 67/77 | €3,621 | €12,147 | +€8,526 | +235% |
| Profit (loss) for the period | 9904 | €5,584 | €20,113 | +€14,529 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €5,584 | €20,113 | +€14,529 | +260% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.