SOGOSO: 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.
SOGOSO
Largest movements
- Receivables within one year -€20,289
down €20,289 (-56.6%), from €35,871 to €15,582
of which Other amounts receivable: -€10,664
- Cash +€15,769
up €15,769 (+23.9%), from €66,063 to €81,832
mainly Receivables within one year (+€20,289) and Tax, wage and social debts (+€7,655)
- Stocks and contracts +€3,588
up €3,588 (+3.3%), from €108,180 to €111,768
- Short-term financial debts -€13,106
no longer reported in 2025 (was €13,106)
- Tax, wage and social debts +€7,655
up €7,655 (+42.3%), from €18,090 to €25,745
of which Remuneration and social security: +€7,261
- Trade debts +€3,920
up €3,920 (+2.0%), from €192,563 to €196,483
- Staff costs -€27,952
down €27,952 (-15.7%), from €177,558 to €149,606
- Gross operating margin -€14,041
down €14,041 (-8.1%), from €173,466 to €159,425
- Financial charges -€2,413
down €2,413 (-40.2%), from €6,008 to €3,595
of which Financial charges: -€2,271
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 | €220,388 | €219,245 | -€1,143 | -0.5% |
| Fixed assets | 21/28 | €10,166 | €9,044 | -€1,121 | -11.0% |
| Tangible fixed assets | 22/27 | €10,166 | €9,044 | -€1,121 | -11.0% |
| Plant, machinery and equipment | 23 | €2,328 | €783 | -€1,545 | -66.4% |
| Other tangible fixed assets | 26 | €7,837 | €8,261 | +€424 | +5.4% |
| Current assets | 29/58 | €210,223 | €210,200 | -€22 | 0.0% |
| Stocks and contracts in progress | 3 | €108,180 | €111,768 | +€3,588 | +3.3% |
| Stocks | 30/36 | €108,180 | €111,768 | +€3,588 | +3.3% |
| Amounts receivable within one year | 40/41 | €35,871 | €15,582 | -€20,289 | -56.6% |
| Trade receivables | 40 | €10,658 | €1,033 | -€9,625 | -90.3% |
| Other amounts receivable | 41 | €25,213 | €14,549 | -€10,664 | -42.3% |
| Cash at bank and in hand | 54/58 | €66,063 | €81,832 | +€15,769 | +23.9% |
| Deferred charges and accrued income | 490/1 | €109 | €1,018 | +€910 | +838% |
| Total equity and liabilities | 10/49 | €220,388 | €219,245 | -€1,143 | -0.5% |
| Equity | 10/15 | -€8,528 | -€7,931 | +€597 | +7.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,628 | -€9,031 | +€597 | +6.2% |
| Amounts payable | 17/49 | €228,916 | €227,176 | -€1,740 | -0.8% |
| Amounts payable within one year | 42/48 | €228,916 | €227,176 | -€1,740 | -0.8% |
| Financial debts | 43 | €13,106 | - | -€13,106 | |
| Credit institutions | 430/8 | €13,106 | - | -€13,106 | |
| Trade debts | 44 | €192,563 | €196,483 | +€3,920 | +2.0% |
| Suppliers | 440/4 | €192,563 | €196,483 | +€3,920 | +2.0% |
| Taxes, remuneration and social security | 45 | €18,090 | €25,745 | +€7,655 | +42.3% |
| Taxes | 450/3 | €522 | €915 | +€394 | +75.5% |
| Remuneration and social security | 454/9 | €17,569 | €24,830 | +€7,261 | +41.3% |
| Other amounts payable | 47/48 | €5,156 | €4,947 | -€208 | -4.0% |
| Remuneration, social security and pensions | 62 | €177,558 | €149,606 | -€27,952 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €3,321 | +€106 | +3.3% |
| Other operating charges | 640/8 | €2,960 | €2,186 | -€774 | -26.2% |
| Gross operating margin | 9900 | €173,466 | €159,425 | -€14,041 | -8.1% |
| Operating profit (loss) | 9901 | -€10,268 | €4,311 | +€14,579 | |
| Financial income | 75/76B | €722 | €159 | -€563 | -78.0% |
| Recurring financial income | 75 | €722 | €159 | -€563 | -78.0% |
| Financial charges | 65/66B | €6,008 | €3,595 | -€2,413 | -40.2% |
| Recurring financial charges | 65 | €5,866 | €3,595 | -€2,271 | -38.7% |
| Non-recurring financial charges | 66B | €142 | - | -€142 | |
| Profit (loss) for the period before taxes | 9903 | -€15,555 | €875 | +€16,430 | |
| Income taxes | 67/77 | - | €278 | +€278 | |
| Profit (loss) for the period | 9904 | -€15,555 | €597 | +€16,152 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,555 | €597 | +€16,152 |
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 18 October 2026 via checked.be.