SoGo: 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.
What changed
SoGo
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€84,158
2024 · €16,761+€67,397
Equity
€1.5m
2024 · €1.5m-€35,742
Cash
€6,519
2024 · €293,065-€286,546
Balance sheet total
€3.8m
2024 · €3.7m+€60,262
Largest movements
Assets
- Current investments +€367,580
up €367,580 (+15.2%), from €2.4m to €2.8m
- Cash -€286,546
down €286,546 (-97.8%), from €293,065 to €6,519
mainly Current investments (-€367,580) and Contributions, distributions and other (-€119,900)
Equity and liabilities
- Other debts +€115,271
up €115,271 (+756%), from €15,249 to €130,520
Income statement
- Financial income +€66,562
up €66,562 (+70.0%), from €95,063 to €161,625
- Gross operating margin +€17,624
up €17,624 (+10.1%), from €175,027 to €192,651
- Taxes +€15,762
up €15,762 (+213%), from €7,404 to €23,166
- Depreciation -€2,262
down €2,262 (-2.5%), from €89,509 to €87,247
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
€16,761
Gross operating margin
+€17,624
Depreciation
+€2,262
Other operating charges
-€336
Other operating items
-€1,831
Financial income
+€66,562
Financial charges
-€1,122
Taxes
-€15,762
Result 2025
€84,158
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€250,958
Investment
-€417,604
Financing
-€119,900
Cash 2024
€293,065
From operations (derived)
+€250,958
Net result for the year
+€84,158
Depreciation
+€87,247
Receivables within one year
-€16,361
Smaller working-capital items
-€33
Provisions
-€26,302
Trade debts
+€1,294
Tax, wage and social debts
+€5,684
Other debts
+€115,271
Investment (derived)
-€417,604
Investment in fixed assets (net)
-€50,024
Current investments
-€367,580
Financing
-€119,900
Contributions, distributions and other
-€119,900
Cash 2025
€6,519
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,697,311 | €3,757,573 | +€60,262 | +1.6% |
| Fixed assets | 21/28 | €821,995 | €784,772 | -€37,223 | -4.5% |
| Tangible fixed assets | 22/27 | €821,995 | €784,772 | -€37,223 | -4.5% |
| Land and buildings | 22 | €815,001 | €742,715 | -€72,285 | -8.9% |
| Furniture and vehicles | 24 | €6,994 | €42,057 | +€35,063 | +501% |
| Current assets | 29/58 | €2,875,316 | €2,972,801 | +€97,485 | +3.4% |
| Amounts receivable within one year | 40/41 | €34,997 | €51,358 | +€16,361 | +46.8% |
| Other amounts receivable | 41 | €34,997 | €51,358 | +€16,361 | +46.8% |
| Current investments | 50/53 | €2,418,613 | €2,786,193 | +€367,580 | +15.2% |
| Cash at bank and in hand | 54/58 | €293,065 | €6,519 | -€286,546 | -97.8% |
| Deferred charges and accrued income | 490/1 | €128,642 | €128,731 | +€90 | +0.1% |
| Total equity and liabilities | 10/49 | €3,697,311 | €3,757,573 | +€60,262 | +1.6% |
| Equity | 10/15 | €1,496,389 | €1,460,647 | -€35,742 | -2.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | - | €1,000,000 | +€1.0m | |
| Issued capital | 100 | - | €1,000,000 | +€1.0m | |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | - | €100,000 | +€100,000 | |
| Reserves not available under the articles | 1311 | €100,000 | - | -€100,000 | |
| Profit (loss) carried forward | 14 | €396,389 | €360,647 | -€35,742 | -9.0% |
| Provisions and deferred taxes | 16 | €2,172,793 | €2,146,490 | -€26,302 | -1.2% |
| Provisions for liabilities and charges | 160/5 | €2,172,793 | €2,146,490 | -€26,302 | -1.2% |
| Other liabilities and charges | 164/5 | €2,172,793 | €2,146,490 | -€26,302 | -1.2% |
| Amounts payable | 17/49 | €28,129 | €150,435 | +€122,306 | +435% |
| Amounts payable within one year | 42/48 | €27,184 | €149,434 | +€122,249 | +450% |
| Trade debts | 44 | €39 | €1,334 | +€1,294 | +3,281% |
| Suppliers | 440/4 | €39 | €1,334 | +€1,294 | +3,281% |
| Taxes, remuneration and social security | 45 | €11,896 | €17,580 | +€5,684 | +47.8% |
| Taxes | 450/3 | €11,896 | €17,580 | +€5,684 | +47.8% |
| Other amounts payable | 47/48 | €15,249 | €130,520 | +€115,271 | +756% |
| Accrued charges and deferred income | 492/3 | €945 | €1,002 | +€57 | +6.1% |
| Non-recurring operating income | 76A | €19,659 | €21,119 | +€1,460 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,509 | €87,247 | -€2,262 | -2.5% |
| Other operating charges | 640/8 | €4,780 | €5,116 | +€336 | +7.0% |
| Non-recurring operating charges | 66A | €14,356 | €16,187 | +€1,831 | +12.8% |
| Gross operating margin | 9900 | €175,027 | €192,651 | +€17,624 | +10.1% |
| Operating profit (loss) | 9901 | €66,383 | €84,101 | +€17,719 | +26.7% |
| Financial income | 75/76B | €95,063 | €161,625 | +€66,562 | +70.0% |
| Recurring financial income | 75 | €95,063 | €161,625 | +€66,562 | +70.0% |
| Financial charges | 65/66B | €137,281 | €138,403 | +€1,122 | +0.8% |
| Recurring financial charges | 65 | €137,281 | €138,403 | +€1,122 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €24,165 | €107,323 | +€83,159 | +344% |
| Income taxes | 67/77 | €7,404 | €23,166 | +€15,762 | +213% |
| Profit (loss) for the period | 9904 | €16,761 | €84,158 | +€67,397 | +402% |
| Profit (loss) for the period to be appropriated | 9905 | €16,761 | €84,158 | +€67,397 | +402% |
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 17 October 2026 via checked.be.