Sogoliii: 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.
Sogoliii
Largest movements
- Cash +€78,148
up €78,148 (+446%), from €17,541 to €95,689
mainly Current portion of long-term debt (+€123,712) and Net result for the year (+€40,054)
- Receivables within one year -€16,101
down €16,101 (-20.2%), from €79,842 to €63,741
of which Trade receivables: -€17,038
- Stocks and contracts -€11,855
down €11,855 (-4.6%), from €259,102 to €247,247
- Short-term financial debts -€132,500
down €132,500 (-58.9%), from €225,000 to €92,500
of which Other loans: -€77,500
- Current portion of long-term debt +€123,712
up €123,712 (+9,602%), from €1,288 to €125,000
- Profit (loss) carried forward +€40,054
up €40,054 (+90.5%), from -€44,258 to -€4,205
- Tax, wage and social debts +€8,963
up €8,963 (+277%), from €3,235 to €12,198
- Trade debts +€7,430
new in 2025: €7,430
- Staff costs -€38,179
no longer reported in 2025 (was €38,179)
- Gross operating margin +€24,127
up €24,127 (+72.8%), from €33,132 to €57,259
- Taxes +€5,645
up €5,645 (+1,591%), from €355 to €6,000
- Financial charges +€4,140
up €4,140 (+92.1%), from €4,494 to €8,635
- Other operating charges +€1,125
up €1,125 (+112%), from €1,007 to €2,132
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,301 | €407,917 | +€50,616 | +14.2% |
| Fixed assets | 21/28 | €817 | €373 | -€443 | -54.3% |
| Tangible fixed assets | 22/27 | €817 | €373 | -€443 | -54.3% |
| Furniture and vehicles | 24 | €817 | €373 | -€443 | -54.3% |
| Current assets | 29/58 | €356,485 | €407,543 | +€51,059 | +14.3% |
| Stocks and contracts in progress | 3 | €259,102 | €247,247 | -€11,855 | -4.6% |
| Stocks | 30/36 | €259,102 | €247,247 | -€11,855 | -4.6% |
| Amounts receivable within one year | 40/41 | €79,842 | €63,741 | -€16,101 | -20.2% |
| Trade receivables | 40 | €17,038 | - | -€17,038 | |
| Other amounts receivable | 41 | €62,804 | €63,741 | +€937 | +1.5% |
| Cash at bank and in hand | 54/58 | €17,541 | €95,689 | +€78,148 | +446% |
| Deferred charges and accrued income | 490/1 | - | €866 | +€866 | |
| Total equity and liabilities | 10/49 | €357,301 | €407,917 | +€50,616 | +14.2% |
| Equity | 10/15 | €125,278 | €165,331 | +€40,054 | +32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,936 | €150,936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,076 | €149,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,258 | -€4,205 | +€40,054 | +90.5% |
| Amounts payable | 17/49 | €232,023 | €242,585 | +€10,562 | +4.6% |
| Amounts payable within one year | 42/48 | €229,523 | €240,085 | +€10,562 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €1,288 | €125,000 | +€123,712 | +9,602% |
| Financial debts | 43 | €225,000 | €92,500 | -€132,500 | -58.9% |
| Credit institutions | 430/8 | €145,000 | €90,000 | -€55,000 | -37.9% |
| Other loans | 439 | €80,000 | €2,500 | -€77,500 | -96.9% |
| Trade debts | 44 | - | €7,430 | +€7,430 | |
| Suppliers | 440/4 | - | €7,430 | +€7,430 | |
| Advances received on contracts in progress | 46 | - | €2,957 | +€2,957 | |
| Taxes, remuneration and social security | 45 | €3,235 | €12,198 | +€8,963 | +277% |
| Taxes | 450/3 | €3,235 | €12,198 | +€8,963 | +277% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,056 | +€4,056 | |
| Remuneration, social security and pensions | 62 | €38,179 | - | -€38,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €443 | -€436 | -49.6% |
| Other operating charges | 640/8 | €1,007 | €2,132 | +€1,125 | +112% |
| Gross operating margin | 9900 | €33,132 | €57,259 | +€24,127 | +72.8% |
| Operating profit (loss) | 9901 | -€6,934 | €54,684 | +€61,618 | |
| Financial income | 75/76B | €258 | €5 | -€253 | -98.1% |
| Recurring financial income | 75 | €258 | €5 | -€253 | -98.1% |
| Financial charges | 65/66B | €4,494 | €8,635 | +€4,140 | +92.1% |
| Recurring financial charges | 65 | €4,494 | €8,635 | +€4,140 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,170 | €46,054 | +€57,224 | |
| Income taxes | 67/77 | €355 | €6,000 | +€5,645 | +1,591% |
| Profit (loss) for the period | 9904 | -€11,525 | €40,054 | +€51,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,525 | €40,054 | +€51,579 |
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 30 October 2026 via checked.be.