SoGu: 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.
SoGu
Largest movements
- Cash +€37,330
up €37,330 (+82.1%), from €45,445 to €82,775
mainly Net result for the year (+€36,057) and Depreciation (+€10,413)
- Receivables within one year +€5,989
up €5,989 (+106%), from €5,635 to €11,624
of which Trade receivables: +€6,559
- Tangible fixed assets -€5,267
down €5,267 (-12.5%), from €42,148 to €36,880
of which Leasing and similar rights: -€10,046
- Reserves +€36,057
up €36,057 (+74.8%), from €48,190 to €84,247
- Tax, wage and social debts +€8,640
up €8,640 (+195%), from €4,422 to €13,062
- Debts after one year -€8,253
down €8,253 (-28.8%), from €28,687 to €20,434
- Trade debts +€2,033
up €2,033 (+1,250%), from €163 to €2,195
- Gross operating margin +€9,451
up €9,451 (+19.2%), from €49,104 to €58,556
- Taxes +€1,764
up €1,764 (+21.6%), from €8,169 to €9,933
- Depreciation +€1,007
up €1,007 (+10.7%), from €9,406 to €10,413
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 | €93,228 | €132,139 | +€38,911 | +41.7% |
| Fixed assets | 21/28 | €42,148 | €36,880 | -€5,267 | -12.5% |
| Tangible fixed assets | 22/27 | €42,148 | €36,880 | -€5,267 | -12.5% |
| Plant, machinery and equipment | 23 | €1,125 | €861 | -€264 | -23.5% |
| Furniture and vehicles | 24 | - | €5,043 | +€5,043 | |
| Leasing and similar rights | 25 | €41,023 | €30,976 | -€10,046 | -24.5% |
| Current assets | 29/58 | €51,080 | €95,258 | +€44,178 | +86.5% |
| Amounts receivable within one year | 40/41 | €5,635 | €11,624 | +€5,989 | +106% |
| Trade receivables | 40 | €5,034 | €11,593 | +€6,559 | +130% |
| Other amounts receivable | 41 | €601 | €31 | -€571 | -94.9% |
| Cash at bank and in hand | 54/58 | €45,445 | €82,775 | +€37,330 | +82.1% |
| Deferred charges and accrued income | 490/1 | - | €860 | +€860 | |
| Total equity and liabilities | 10/49 | €93,228 | €132,139 | +€38,911 | +41.7% |
| Equity | 10/15 | €50,190 | €86,247 | +€36,057 | +71.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,190 | €84,247 | +€36,057 | +74.8% |
| Distributable reserves | 133 | €48,190 | €84,247 | +€36,057 | +74.8% |
| Amounts payable | 17/49 | €43,038 | €45,891 | +€2,853 | +6.6% |
| Amounts payable after more than one year | 17 | €28,687 | €20,434 | -€8,253 | -28.8% |
| Financial debts | 170/4 | €28,687 | €20,434 | -€8,253 | -28.8% |
| Amounts payable within one year | 42/48 | €14,351 | €25,457 | +€11,106 | +77.4% |
| Current portion of amounts payable after more than one year | 42 | €7,892 | €8,253 | +€361 | +4.6% |
| Trade debts | 44 | €163 | €2,195 | +€2,033 | +1,250% |
| Suppliers | 440/4 | €163 | €2,195 | +€2,033 | +1,250% |
| Taxes, remuneration and social security | 45 | €4,422 | €13,062 | +€8,640 | +195% |
| Taxes | 450/3 | €4,422 | €13,062 | +€8,640 | +195% |
| Other amounts payable | 47/48 | €1,874 | €1,947 | +€73 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,406 | €10,413 | +€1,007 | +10.7% |
| Other operating charges | 640/8 | €588 | €549 | -€39 | -6.6% |
| Gross operating margin | 9900 | €49,104 | €58,556 | +€9,451 | +19.2% |
| Operating profit (loss) | 9901 | €39,110 | €47,593 | +€8,483 | +21.7% |
| Financial income | 75/76B | €107 | €0 | -€107 | -100% |
| Recurring financial income | 75 | €107 | €0 | -€107 | -100% |
| Financial charges | 65/66B | €1,841 | €1,602 | -€239 | -13.0% |
| Recurring financial charges | 65 | €1,841 | €1,602 | -€239 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €37,376 | €45,991 | +€8,615 | +23.0% |
| Income taxes | 67/77 | €8,169 | €9,933 | +€1,764 | +21.6% |
| Profit (loss) for the period | 9904 | €29,207 | €36,057 | +€6,851 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,207 | €36,057 | +€6,851 | +23.5% |
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 20 October 2026 via checked.be.