SOGREEN: 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.
SOGREEN
Largest movements
- Cash -€425,028
down €425,028 (-61.4%), from €692,618 to €267,590
mainly Current investments (-€199,962) and Net result for the year (-€150,413)
- Current investments +€199,962
new in 2025: €199,962
- Receivables within one year +€76,665
up €76,665 (+34.1%), from €225,072 to €301,737
of which Trade receivables: +€82,678
- Tangible fixed assets -€67,582
down €67,582 (-36.5%), from €185,231 to €117,649
of which Furniture and vehicles: -€60,697
- Stocks and contracts -€47,029
down €47,029 (-17.6%), from €266,918 to €219,889
- Profit (loss) carried forward -€150,413
down €150,413, from €53,746 to -€96,666
- Advances received -€69,542
down €69,542 (-62.2%), from €111,859 to €42,318
- Trade debts +€60,211
up €60,211 (+47.9%), from €125,755 to €185,965
- Reserves -€38,000
down €38,000 (-4.4%), from €866,224 to €828,224
- Tax, wage and social debts -€33,053
down €33,053 (-28.9%), from €114,198 to €81,145
of which Taxes: -€45,283
- Gross operating margin -€934,650
down €934,650 (-61.2%), from €1.5m to €593,617
- Staff costs -€259,665
down €259,665 (-29.6%), from €877,327 to €617,662
- Taxes -€170,777
down €170,777 (-99.4%), from €171,826 to €1,050
- Financial charges +€48,623
up €48,623 (+412%), from €11,815 to €60,439
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 | €1,391,014 | €1,129,938 | -€261,077 | -18.8% |
| Fixed assets | 21/28 | €185,231 | €117,649 | -€67,582 | -36.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €185,231 | €117,649 | -€67,582 | -36.5% |
| Plant, machinery and equipment | 23 | €6,551 | €2,497 | -€4,054 | -61.9% |
| Furniture and vehicles | 24 | €150,865 | €90,168 | -€60,697 | -40.2% |
| Other tangible fixed assets | 26 | €27,815 | €24,984 | -€2,830 | -10.2% |
| Current assets | 29/58 | €1,205,784 | €1,012,289 | -€193,495 | -16.0% |
| Stocks and contracts in progress | 3 | €266,918 | €219,889 | -€47,029 | -17.6% |
| Stocks | 30/36 | €266,918 | €219,889 | -€47,029 | -17.6% |
| Amounts receivable within one year | 40/41 | €225,072 | €301,737 | +€76,665 | +34.1% |
| Trade receivables | 40 | €132,360 | €215,039 | +€82,678 | +62.5% |
| Other amounts receivable | 41 | €92,712 | €86,698 | -€6,014 | -6.5% |
| Current investments | 50/53 | - | €199,962 | +€199,962 | |
| Cash at bank and in hand | 54/58 | €692,618 | €267,590 | -€425,028 | -61.4% |
| Deferred charges and accrued income | 490/1 | €21,176 | €23,111 | +€1,935 | +9.1% |
| Total equity and liabilities | 10/49 | €1,391,014 | €1,129,938 | -€261,077 | -18.8% |
| Equity | 10/15 | €928,031 | €739,618 | -€188,413 | -20.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Contributions outside capital | 11 | €8,060 | €8,060 | = | 0.0% |
| Other | 1109/19 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €866,224 | €828,224 | -€38,000 | -4.4% |
| Distributable reserves | 133 | €866,224 | €828,224 | -€38,000 | -4.4% |
| Profit (loss) carried forward | 14 | €53,746 | -€96,666 | -€150,413 | |
| Amounts payable | 17/49 | €462,984 | €390,320 | -€72,664 | -15.7% |
| Amounts payable after more than one year | 17 | €57,833 | €25,785 | -€32,048 | -55.4% |
| Financial debts | 170/4 | €57,833 | €25,785 | -€32,048 | -55.4% |
| Amounts payable within one year | 42/48 | €405,151 | €364,535 | -€40,616 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €53,339 | €55,107 | +€1,768 | +3.3% |
| Trade debts | 44 | €125,755 | €185,965 | +€60,211 | +47.9% |
| Suppliers | 440/4 | €125,755 | €185,965 | +€60,211 | +47.9% |
| Advances received on contracts in progress | 46 | €111,859 | €42,318 | -€69,542 | -62.2% |
| Taxes, remuneration and social security | 45 | €114,198 | €81,145 | -€33,053 | -28.9% |
| Taxes | 450/3 | €51,653 | €6,370 | -€45,283 | -87.7% |
| Remuneration and social security | 454/9 | €62,545 | €74,775 | +€12,231 | +19.6% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €877,327 | €617,662 | -€259,665 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,139 | €67,317 | -€5,822 | -8.0% |
| Other operating charges | 640/8 | €5,300 | €4,518 | -€782 | -14.7% |
| Gross operating margin | 9900 | €1,528,267 | €593,617 | -€934,650 | -61.2% |
| Operating profit (loss) | 9901 | €572,501 | -€95,880 | -€668,381 | |
| Financial income | 75/76B | €6,924 | €6,955 | +€32 | +0.5% |
| Recurring financial income | 75 | €6,924 | €6,955 | +€32 | +0.5% |
| Financial charges | 65/66B | €11,815 | €60,439 | +€48,623 | +412% |
| Recurring financial charges | 65 | €11,815 | €60,439 | +€48,623 | +412% |
| Profit (loss) for the period before taxes | 9903 | €567,610 | -€149,363 | -€716,973 | |
| Income taxes | 67/77 | €171,826 | €1,050 | -€170,777 | -99.4% |
| Profit (loss) for the period | 9904 | €395,783 | -€150,413 | -€546,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €395,783 | -€150,413 | -€546,196 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.