SOGOOD: 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.
SOGOOD
Largest movements
- Stocks and contracts +€19,150
up €19,150 (+476%), from €4,026 to €23,176
- Receivables within one year +€13,918
up €13,918 (+181%), from €7,669 to €21,587
of which Other amounts receivable: +€17,918
- Cash -€13,332
down €13,332 (-92.0%), from €14,489 to €1,157
mainly Stocks and contracts (-€19,150) and Receivables within one year (-€13,918)
- Deferred charges and accrued income +€549
new in 2024: €549
- Tax, wage and social debts +€17,513
up €17,513 (+279%), from €6,279 to €23,791
of which Taxes: +€15,673
- Trade debts +€8,448
up €8,448 (+91.7%), from €9,210 to €17,657
- Other debts -€5,447
no longer reported in 2024 (was €5,447)
- Accrued charges and deferred income -€634
no longer reported in 2024 (was €634)
- Staff costs +€17,988
new in 2024: €17,988
- Gross operating margin +€9,839
up €9,839 (+71.2%), from €13,824 to €23,663
- Other operating charges +€2,068
up €2,068 (+441%), from €469 to €2,536
- Financial charges +€1,539
up €1,539 (+1,863%), from €83 to €1,621
- Taxes -€1,215
down €1,215 (-51.6%), from €2,355 to €1,140
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.
Derived cash bridge
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 | €26,472 | €46,757 | +€20,286 | +76.6% |
| Fixed assets | 21/28 | €288 | €288 | = | 0.0% |
| Financial fixed assets | 28 | €288 | €288 | = | 0.0% |
| Current assets | 29/58 | €26,184 | €46,469 | +€20,286 | +77.5% |
| Stocks and contracts in progress | 3 | €4,026 | €23,176 | +€19,150 | +476% |
| Stocks | 30/36 | €4,026 | €23,176 | +€19,150 | +476% |
| Amounts receivable within one year | 40/41 | €7,669 | €21,587 | +€13,918 | +181% |
| Trade receivables | 40 | €7,112 | €3,111 | -€4,001 | -56.3% |
| Other amounts receivable | 41 | €558 | €18,476 | +€17,918 | +3,212% |
| Cash at bank and in hand | 54/58 | €14,489 | €1,157 | -€13,332 | -92.0% |
| Deferred charges and accrued income | 490/1 | - | €549 | +€549 | |
| Total equity and liabilities | 10/49 | €26,472 | €46,757 | +€20,286 | +76.6% |
| Equity | 10/15 | €4,904 | €5,309 | +€406 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,697 | -€13,291 | +€406 | +3.0% |
| Amounts payable | 17/49 | €21,568 | €41,448 | +€19,880 | +92.2% |
| Amounts payable within one year | 42/48 | €20,935 | €41,448 | +€20,514 | +98.0% |
| Trade debts | 44 | €9,210 | €17,657 | +€8,448 | +91.7% |
| Suppliers | 440/4 | €9,210 | €17,657 | +€8,448 | +91.7% |
| Taxes, remuneration and social security | 45 | €6,279 | €23,791 | +€17,513 | +279% |
| Taxes | 450/3 | €6,279 | €21,952 | +€15,673 | +250% |
| Remuneration and social security | 454/9 | - | €1,839 | +€1,839 | |
| Other amounts payable | 47/48 | €5,447 | - | -€5,447 | |
| Accrued charges and deferred income | 492/3 | €634 | - | -€634 | |
| Remuneration, social security and pensions | 62 | - | €17,988 | +€17,988 | |
| Other operating charges | 640/8 | €469 | €2,536 | +€2,068 | +441% |
| Gross operating margin | 9900 | €13,824 | €23,663 | +€9,839 | +71.2% |
| Operating profit (loss) | 9901 | €13,355 | €3,138 | -€10,217 | -76.5% |
| Financial income | 75/76B | €0 | €29 | +€29 | +95,133% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +95,133% |
| Financial charges | 65/66B | €83 | €1,621 | +€1,539 | +1,863% |
| Recurring financial charges | 65 | €83 | €1,621 | +€1,539 | +1,863% |
| Profit (loss) for the period before taxes | 9903 | €13,272 | €1,546 | -€11,727 | -88.4% |
| Income taxes | 67/77 | €2,355 | €1,140 | -€1,215 | -51.6% |
| Profit (loss) for the period | 9904 | €10,917 | €406 | -€10,512 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,917 | €406 | -€10,512 | -96.3% |
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 28 October 2026 via checked.be.