SOGOMED: what changed
What changed
SOGOMED
filed annual accounts (NBB)
Net result for the year
€7,314
2024 · €10,203-€2,889
Equity
-€45,783
2024 · -€53,097+€7,314
Cash
€478
2024 · -+€478
Balance sheet total
€35,858
2024 · €53,184-€17,327
Largest movements
Assets
- Receivables within one year -€21,146
down €21,146 (-98.1%), from €21,556 to €410
of which Other amounts receivable: -€20,765
- Deferred charges and accrued income +€5,462
up €5,462 (+98.0%), from €5,576 to €11,038
- Tangible fixed assets -€2,120
down €2,120 (-9.3%), from €22,902 to €20,782
of which Leasing and similar rights: -€10,632
Equity and liabilities
- Debts after one year -€11,598
down €11,598 (-16.9%), from €68,623 to €57,026
of which Financial debts: -€11,629
- Current portion of long-term debt -€9,273
down €9,273 (-73.9%), from €12,540 to €3,267
- Short-term financial debts -€8,280
down €8,280 (-100%), from €8,280 to €0
- Profit (loss) carried forward +€7,314
up €7,314 (+10.9%), from -€67,357 to -€60,043
- Other debts +€6,696
up €6,696 (+64.4%), from €10,400 to €17,096
Income statement
- Gross operating margin -€22,885
down €22,885 (-45.4%), from €50,414 to €27,530
- Depreciation -€18,688
down €18,688 (-53.9%), from €34,680 to €15,991
- Financial charges -€1,860
down €1,860 (-49.9%), from €3,726 to €1,866
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.
Result 2024
€10,203
Gross operating margin
-€22,885
Depreciation
+€18,688
Other operating charges
-€122
Other operating items
-€77
Financial income
-€484
Financial charges
+€1,860
Taxes
+€129
Result 2025
€7,314
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€43,499
Investment
-€13,871
Financing
-€29,151
Cash 2024
€0
From operations (derived)
+€43,499
Net result for the year
+€7,314
Depreciation
+€15,991
Receivables within one year
+€21,146
Deferred charges and accrued income
-€5,462
Trade debts
-€1,579
Tax, wage and social debts
-€629
Other debts
+€6,696
Accrued charges and deferred income
+€22
Investment (derived)
-€13,871
Investment in fixed assets (net)
-€13,871
Financing
-€29,151
Debts after one year
-€11,598
Current portion of long-term debt
-€9,273
Short-term financial debts
-€8,280
Cash 2025
€478
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,184 | €35,858 | -€17,327 | -32.6% |
| Fixed assets | 21/28 | €26,052 | €23,932 | -€2,120 | -8.1% |
| Tangible fixed assets | 22/27 | €22,902 | €20,782 | -€2,120 | -9.3% |
| Furniture and vehicles | 24 | €2,723 | €19,120 | +€16,397 | +602% |
| Leasing and similar rights | 25 | €10,632 | €0 | -€10,632 | -100% |
| Other tangible fixed assets | 26 | €9,547 | €1,661 | -€7,886 | -82.6% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €27,132 | €11,926 | -€15,207 | -56.0% |
| Amounts receivable within one year | 40/41 | €21,556 | €410 | -€21,146 | -98.1% |
| Trade receivables | 40 | €791 | €410 | -€381 | -48.2% |
| Other amounts receivable | 41 | €20,765 | €0 | -€20,765 | -100% |
| Cash at bank and in hand | 54/58 | - | €478 | +€478 | |
| Deferred charges and accrued income | 490/1 | €5,576 | €11,038 | +€5,462 | +98.0% |
| Total equity and liabilities | 10/49 | €53,184 | €35,858 | -€17,327 | -32.6% |
| Equity | 10/15 | -€53,097 | -€45,783 | +€7,314 | +13.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,357 | -€60,043 | +€7,314 | +10.9% |
| Amounts payable | 17/49 | €106,281 | €81,641 | -€24,641 | -23.2% |
| Amounts payable after more than one year | 17 | €68,623 | €57,026 | -€11,598 | -16.9% |
| Financial debts | 170/4 | €13,523 | €1,895 | -€11,629 | -86.0% |
| Other amounts payable | 178/9 | €55,100 | €55,131 | +€31 | +0.1% |
| Amounts payable within one year | 42/48 | €36,971 | €23,906 | -€13,066 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €12,540 | €3,267 | -€9,273 | -73.9% |
| Financial debts | 43 | €8,280 | €0 | -€8,280 | -100% |
| Credit institutions | 430/8 | €8,280 | €0 | -€8,280 | -100% |
| Trade debts | 44 | €4,863 | €3,284 | -€1,579 | -32.5% |
| Suppliers | 440/4 | €4,863 | €3,284 | -€1,579 | -32.5% |
| Taxes, remuneration and social security | 45 | €888 | €259 | -€629 | -70.8% |
| Taxes | 450/3 | €888 | €259 | -€629 | -70.8% |
| Other amounts payable | 47/48 | €10,400 | €17,096 | +€6,696 | +64.4% |
| Accrued charges and deferred income | 492/3 | €687 | €709 | +€22 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,680 | €15,991 | -€18,688 | -53.9% |
| Other operating charges | 640/8 | €1,474 | €1,596 | +€122 | +8.3% |
| Non-recurring operating charges | 66A | €427 | €504 | +€77 | +17.9% |
| Gross operating margin | 9900 | €50,414 | €27,530 | -€22,885 | -45.4% |
| Operating profit (loss) | 9901 | €13,834 | €9,439 | -€4,395 | -31.8% |
| Financial income | 75/76B | €484 | €0 | -€484 | -100% |
| Recurring financial income | 75 | €484 | €0 | -€484 | -100% |
| Financial charges | 65/66B | €3,726 | €1,866 | -€1,860 | -49.9% |
| Recurring financial charges | 65 | €3,726 | €1,866 | -€1,860 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €10,592 | €7,573 | -€3,019 | -28.5% |
| Income taxes | 67/77 | €388 | €259 | -€129 | -33.3% |
| Profit (loss) for the period | 9904 | €10,203 | €7,314 | -€2,889 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,203 | €7,314 | -€2,889 | -28.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.