SOGLE GROUP: 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.
SOGLE GROUP
Largest movements
- Receivables within one year +€59,734
up €59,734 (+34.7%), from €172,204 to €231,938
of which Trade receivables: +€93,958
- Tangible fixed assets -€51,574
down €51,574 (-31.2%), from €165,561 to €113,987
of which Leasing and similar rights: -€52,435
- Cash +€19,410
up €19,410 (+226.5%), from €8,569 to €27,980
mainly Net result for the year (+€86,604) and Depreciation (+€52,589)
- Profit (loss) carried forward +€86,604
up €86,604 (+95.2%), from €90,984 to €177,589
- Debts after one year -€39,781
down €39,781 (-38.9%), from €102,339 to €62,558
- Tax, wage and social debts -€23,537
down €23,537 (-63.0%), from €37,367 to €13,829
of which Taxes: -€23,147
- Trade debts +€17,859
up €17,859 (+52.7%), from €33,878 to €51,737
- Accrued charges and deferred income -€9,000
no longer reported in 2024 (was €9,000)
- Turnover +€358,669
up €358,669 (+53.5%), from €670,527 to €1.0m
- Purchases and services +€252,604
up €252,604 (+50.7%), from €497,858 to €750,462
- Gross operating margin +€106,065
up €106,065 (+61.4%), from €172,669 to €278,734
- Staff costs +€62,471
up €62,471 (+82.6%), from €75,662 to €138,133
- Taxes -€11,996
no longer reported in 2024 (was €11,996)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,784 | €376,354 | +€27,570 | +7.9% |
| Fixed assets | 21/28 | €168,011 | €116,437 | -€51,574 | -30.7% |
| Tangible fixed assets | 22/27 | €165,561 | €113,987 | -€51,574 | -31.2% |
| Furniture and vehicles | 24 | €140 | €1,000 | +€861 | +616.8% |
| Leasing and similar rights | 25 | €165,421 | €112,987 | -€52,435 | -31.7% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €180,773 | €259,917 | +€79,144 | +43.8% |
| Amounts receivable within one year | 40/41 | €172,204 | €231,938 | +€59,734 | +34.7% |
| Trade receivables | 40 | €136,241 | €230,199 | +€93,958 | +69.0% |
| Other amounts receivable | 41 | €35,963 | €1,739 | -€34,224 | -95.2% |
| Cash at bank and in hand | 54/58 | €8,569 | €27,980 | +€19,410 | +226.5% |
| Total equity and liabilities | 10/49 | €348,784 | €376,354 | +€27,570 | +7.9% |
| Equity | 10/15 | €109,584 | €196,189 | +€86,604 | +79.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,984 | €177,589 | +€86,604 | +95.2% |
| Amounts payable | 17/49 | €239,200 | €180,166 | -€59,034 | -24.7% |
| Amounts payable after more than one year | 17 | €102,339 | €62,558 | -€39,781 | -38.9% |
| Financial debts | 170/4 | €102,339 | €62,558 | -€39,781 | -38.9% |
| Amounts payable within one year | 42/48 | €127,861 | €117,607 | -€10,253 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €51,971 | €48,330 | -€3,641 | -7.0% |
| Trade debts | 44 | €33,878 | €51,737 | +€17,859 | +52.7% |
| Suppliers | 440/4 | €33,878 | €51,737 | +€17,859 | +52.7% |
| Taxes, remuneration and social security | 45 | €37,367 | €13,829 | -€23,537 | -63.0% |
| Taxes | 450/3 | €25,585 | €2,438 | -€23,147 | -90.5% |
| Remuneration and social security | 454/9 | €11,782 | €11,391 | -€391 | -3.3% |
| Other amounts payable | 47/48 | €4,646 | €3,711 | -€935 | -20.1% |
| Accrued charges and deferred income | 492/3 | €9,000 | - | -€9,000 | |
| Turnover | 70 | €670,527 | €1,029,196 | +€358,669 | +53.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €497,858 | €750,462 | +€252,604 | +50.7% |
| Remuneration, social security and pensions | 62 | €75,662 | €138,133 | +€62,471 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,788 | €52,589 | -€5,199 | -9.0% |
| Other operating charges | 640/8 | €9,025 | €6,542 | -€2,483 | -27.5% |
| Gross operating margin | 9900 | €172,669 | €278,734 | +€106,065 | +61.4% |
| Operating profit (loss) | 9901 | €30,194 | €81,470 | +€51,276 | +169.8% |
| Financial income | 75/76B | €14,588 | €9,876 | -€4,712 | -32.3% |
| Recurring financial income | 75 | €696 | €1,009 | +€312 | +44.9% |
| Non-recurring financial income | 76B | €13,892 | €8,867 | -€5,025 | -36.2% |
| Financial charges | 65/66B | €9,876 | €4,742 | -€5,135 | -52.0% |
| Recurring financial charges | 65 | €4,391 | €1,903 | -€2,488 | -56.7% |
| Non-recurring financial charges | 66B | €5,486 | €2,839 | -€2,647 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €34,906 | €86,604 | +€51,699 | +148.1% |
| Income taxes | 67/77 | €11,996 | - | -€11,996 | |
| Profit (loss) for the period | 9904 | €22,909 | €86,604 | +€63,695 | +278.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,909 | €86,604 | +€63,695 | +278.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.