Socrowd (0870.131.273): financials and annual accounts

Socrowd

Ghent ·KBO/BCE: BE 0870.131.273

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	3.0m	2.9m	2.8m	3.3m	3.4m	3.6m	3.6m	3.7m	3.5m	3.5m	3.6m	3.5m	3.5m	3.4m	3.2m	3.1m	3.2m	3.1m
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	662	1,324
Fixed assets`21/28`	186,738	162,507	130,968	506,349	630,974	632,284	648,248	637,671	631,549	613,781	258,739	-	1,180	1,822	1,814	446	875	1,750
Intangible fixed assets`21`	1,412	-	-	-	-	938	1,876	3,509	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	1,215	299	-	266	533	-	-	343	9,518	3,630	216	1,173	1,180	1,822	1,814	446	213	426
Plant, machinery and equipment`23`	1,215	299	-	266	533	-	-	343	9,518	3,630	216	1,173	1,180	1,822	1,814	446	213	426
Financial fixed assets`28`	184,112	162,208	130,968	506,083	630,441	631,346	646,372	633,819	622,031	610,151	258,523	255,150	-	-	-	-	-	-
Current assets`29/58`	2.8m	2.8m	2.7m	2.8m	2.8m	2.9m	3.0m	3.1m	2.9m	2.9m	3.3m	3.2m	3.5m	3.4m	3.2m	3.1m	3.2m	3.1m
Amounts receivable after more than one year`29`	2.0m	1.7m	1.4m	1.6m	1.6m	1.7m	1.7m	1.6m	1.7m	1.7m	1.8m	1.8m	1.9m	2.0m	1.7m	1.6m	1.7m	1.2m
Other amounts receivable`291`	2.0m	1.7m	1.4m	1.6m	1.6m	1.7m	1.7m	1.6m	1.7m	1.7m	1.8m	1.8m	1.9m	2.0m	1.7m	1.6m	1.7m	1.2m
Amounts receivable within one year`40/41`	381,460	339,461	515,262	311,729	317,903	327,303	362,893	325,601	282,712	327,516	421,532	381,831	401,125	375,124	409,122	486,299	724,849	951,792
Trade receivables`40`	7,975	9,384	2,691	-	4,573	13,086	15,260	18,751	3,997	24,265	33,634	22,310	24,383	12,844	52,513	20,387	31,314	17,049
Other amounts receivable`41`	373,485	330,077	512,572	311,729	313,330	314,217	347,633	306,851	278,715	303,251	387,898	359,521	376,742	362,280	356,609	465,912	693,535	934,743
Current investments`50/53`	-	62,325	212,020	211,884	211,884	311,884	761,884	611,884	611,872	621,677	610,790	599,884	806,147	789,827	771,847	765,344	771,560	928,853
Cash at bank and in hand`54/58`	437,485	710,572	540,595	695,963	583,178	593,117	201,468	515,811	306,466	241,872	449,977	489,626	321,828	177,911	314,370	232,059	35,464	52,347
Deferred charges and accrued income`490/1`	1,819	-	1,508	1,740	1,645	1,413	2,385	-	1,887	8,631	8,149	6,881	11,404	11,537	13,685	8,084	9,184	14,036
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.0m	2.9m	2.8m	3.3m	3.4m	3.6m	3.6m	3.7m	3.5m	3.5m	3.6m	3.5m	3.5m	3.4m	3.2m	3.1m	3.2m	3.1m
Equity`10/15`	2.9m	2.7m	2.7m	3.2m	3.3m	3.5m	3.6m	3.6m	3.4m	3.4m	3.3m	3.2m	2.9m	2.8m	2.7m	2.7m	2.5m	2.5m
Contributions`10/11`	3.1m	3.0m	3.1m	3.2m	3.3m	3.5m	3.6m	3.6m	3.3m	3.3m	3.3m	-	2.9m	2.8m	2.7m	2.7m	2.6m	2.5m
Capital`10`	-	-	-	-	-	-	-	-	-	-	-	3.2m	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	-	-	3.6m	3.6m	3.3m	3.3m	3.3m	3.2m	2.9m	2.8m	2.7m	2.7m	2.6m	2.5m
Reserves`13`	-	-	-	-	1,940	1,940	1,940	1,940	1,940	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,940	1,940	1,940	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	-	-	-	-	1,940	1,940	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-215,035	-309,864	-364,446	3,295	-16,231	6,784	23,462	26,856	36,374	30,802	22,807	9,936	-12,460	-26,272	-27,124	-47,604	-27,828	-23,264
Amounts payable`17/49`	111,741	227,551	118,784	109,543	101,846	26,456	31,847	87,220	119,781	168,953	260,329	265,356	561,287	594,851	521,832	437,953	658,754	607,003
Amounts payable after more than one year`17`	83,080	103,250	37,465	45,779	30,952	-	-	-	50,000	100,000	150,000	200,000	499,760	532,864	213,900	250,000	250,000	496
Financial debts`170/4`	83,080	103,250	37,465	45,779	30,952	-	-	-	50,000	100,000	150,000	200,000	499,760	532,864	213,900	250,000	250,000	496
Amounts payable within one year`42/48`	28,661	124,301	81,320	63,765	70,893	26,425	31,771	87,190	69,702	68,950	110,326	65,356	57,812	61,987	307,932	187,913	408,697	606,464
Current portion of amounts payable after more than one year`42`	20,170	17,214	9,964	8,314	47,224	10,337	9,312	14,857	7,240	-	-	-	-	-	-	-	-	-
Financial debts`43`	942	942	3,025	50,961	9,031	-	-	50,000	50,000	50,000	100,000	50,000	42,848	33,104	284,733	-	-	-
Other loans`439`	942	942	3,025	50,961	9,031	-	-	50,000	50,000	50,000	100,000	50,000	42,848	33,104	284,733	-	-	-
Trade debts`44`	1,604	126	88	40	6,813	10,454	14,582	5,886	5,686	11,650	3,968	10,502	4,837	13,474	10,814	23,068	7,876	4,495
Suppliers`440/4`	1,604	126	88	40	6,813	10,454	14,582	5,886	5,686	10,176	2,495	5,404	4,837	13,474	10,814	23,068	7,876	4,495
Bills of exchange payable`441`	-	-	-	-	-	-	-	-	-	1,474	1,473	5,098	-	-	-	-	-	-
Taxes, remuneration and social security`45`	5,195	6,019	4,943	4,450	7,825	5,634	7,877	7,261	6,776	3,223	6,358	4,854	10,127	5,651	12,385	14,845	11,446	6,478
Taxes`450/3`	-	101	-	-	-	-	-	-	-	-	-	-157	2,576	203	7,982	-	-	-
Remuneration and social security`454/9`	5,195	5,917	4,943	4,450	7,825	5,634	7,877	7,261	6,776	3,223	6,358	5,011	7,551	5,448	4,403	14,845	11,446	6,478
Other amounts payable`47/48`	750	100,000	63,300	-	-	-	-	9,187	-	4,077	-	-	-	9,758	-	150,000	389,375	595,491
Accrued charges and deferred income`492/3`	-	-	-	-	-	31	76	30	79	3	3	-	3,715	-	-	40	57	43
Income statement
Turnover`70`	-	-	-	-	52,690	54,442	-	-	-	60,572	-	50,124	61,072	57,049	82,053	84,318	38,319	45,180
Non-recurring operating income`76A`	-	-	-	-	-	2,243	-	-	-	-	-	-	-	-	1,118	154	-	-
Gross operating margin`9900`	41,365	27,785	34,562	36,812	35,089	34,871	51,825	44,910	61,580	42,753	48,284	45,900	55,717	30,072	65,282	62,929	58,058	27,857
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	17,723	21,898	-	-	-	17,819	-	4,224	5,355	26,977	16,771	21,389	15,479	17,323
Remuneration, social security and pensions`62`	46,258	40,905	40,852	43,100	60,716	50,535	65,604	61,105	65,858	45,660	49,157	42,196	48,839	40,066	57,346	92,134	56,578	49,437
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,388	150	266	266	1,204	938	4,789	5,667	5,667	2,031	956	1,289	1,641	1,532	1,017	1,437	875	875
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,995	37,821	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,676
Other operating charges`640/8`	3,749	5,035	3,959	4,028	2,233	3,001	907	1,816	3,028	1,708	981	2,192	1,586	1,339	2,079	853	853	853
Non-recurring operating charges`66A`	-	-	-	-	-	-	1,872	-	-	-	-	-	-	1,276	-	-	-	-
Operating profit (loss)`9901`	-10,030	-18,305	-10,515	-10,582	-29,064	-19,602	-21,347	-23,678	-12,973	-6,646	-2,810	223	3,651	-12,865	4,840	-36,490	-38,069	-16,632
Financial income`75/76B`	92,448	61,755	21,315	28,701	6,118	2,988	18,023	14,205	20,518	16,417	15,696	-	17,384	18,024	17,486	16,627	33,681	37,286
Recurring financial income`75`	6,232	30,517	21,315	28,701	6,118	2,988	15,161	14,205	16,441	16,417	15,696	15,624	17,384	18,024	17,486	16,627	33,681	37,286
Non-recurring financial income`76B`	86,216	31,238	-	-	-	-	2,862	-	4,077	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	3,598	368	378,540	533	68	64	69	46	32	1,776	15	-	6,088	3,055	2,964	66	176	130
Recurring financial charges`65`	1,758	368	3,424	533	68	64	69	46	32	1,776	15	6	6,088	3,055	2,964	66	176	130
Non-recurring financial charges`66B`	1,840	-	375,116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	78,821	43,082	-367,741	17,586	-23,014	-16,679	-3,394	-9,519	7,513	7,995	12,871	16,500	14,947	828	20,480	-19,775	-4,564	20,524
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	1,147	-	-	-	-	-
Profit (loss) for the period`9904`	78,821	43,082	-367,741	17,586	-23,014	-16,679	-3,394	-9,519	7,513	7,995	12,871	16,500	13,800	828	20,480	-19,775	-4,564	20,524
Profit (loss) for the period to be appropriated`9905`	78,821	43,082	-367,741	17,586	-23,014	-16,679	-3,394	-9,519	7,513	7,995	12,871	16,500	13,800	828	20,480	-19,775	-4,564	20,524
Appropriation of the result
Profit (loss) to be appropriated`9906`	-231,043	-321,364	-364,446	1,355	-16,231	6,784	23,462	26,856	38,315	30,802	22,807	16,500	-12,472	-26,296	-27,124	-47,604	-27,828	-23,264
Profit (loss) brought forward from the previous period`14P`	-309,864	-364,446	3,295	-16,231	6,784	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	1,940	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	1,941	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	1,941	-	-	-	-	-	-	-	-	-
Shareholders' contribution to the loss`794`	16,009	11,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	1	1	1	1.1	1.8	0.9	1.2	1.2	1.3	1.1	1	-	1.1	0.8	1.2	2.9	1.2	1.2
Hours worked`1013`	1,080	1,057	1,066	1,187	1,838	136,140	1,860	1,945	2,315	-	1,798	-	1,703	1,406	1,994	3,242	2,133	1,916
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	26-06-2026	2026-00204890	PDF
31-12-2024	micro format	20-06-2025	2025-00159439	PDF
31-12-2023	micro format	17-06-2024	2024-00138562	PDF
31-12-2022	micro format	29-06-2023	2023-00184535	PDF
31-12-2021	micro format	21-06-2022	2022-20077646	PDF
31-12-2020	micro format	19-08-2021	2021-50200207	PDF
31-12-2019	micro format	18-08-2020	2020-42000119	PDF
31-12-2018	micro format	01-07-2019	2019-27700234	PDF
31-12-2017	micro format	02-07-2018	2018-29700362	PDF
31-12-2016	abbreviated format	22-06-2017	2017-20000127	PDF
31-12-2015	abbreviated format	28-10-2016	2016-66700453	PDF
31-12-2014	abbreviated format	20-10-2015	2015-65200355	PDF
31-12-2012	abbreviated format	03-06-2013	2013-14700471	PDF
31-12-2011	abbreviated format	12-07-2012	2012-29100329	PDF
31-12-2010	abbreviated format	03-05-2011	2011-09800374	PDF
31-12-2009	abbreviated format	01-04-2010	2010-08300096	PDF
31-12-2008	abbreviated format	07-04-2009	2009-10500051	PDF
31-12-2007	abbreviated format	29-04-2008	2008-11900124	PDF
31-12-2006	abbreviated format	30-03-2007	2007-11304472	PDF
31-12-2005	abbreviated format	21-04-2006	2006-11801277	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2012	2011	2010	2009	2008	2007
Investment in fixed assets (approximation)	3,716	449	-375,115	642	799	-15,026	3,063	11,788	11,555	353,704	3,372	-	999	1,540	2,385	1,602	0	639
Change in cash	-273,087	169,977	-155,369	112,786	-9,939	391,649	-314,343	209,345	64,594	-208,105	-39,649	-	143,917	-136,459	82,311	196,595	-16,883	-
EBIT margin	-	-	-	-	-55.2%	-36.0%	-	-	-	-11.0%	-	0.4%	6.0%	-22.6%	5.9%	-43.3%	-99.3%	-36.8%
Solvency	96.3%	92.3%	95.8%	96.7%	97.0%	99.3%	99.1%	97.6%	96.6%	95.2%	92.7%	92.4%	83.9%	82.4%	83.9%	86.0%	79.4%	80.6%
ROE	2.7%	1.6%	-13.7%	0.5%	-0.7%	-0.5%	-0.1%	-0.3%	0.2%	0.2%	0.4%	0.5%	0.5%	0.0%	0.8%	-0.7%	-0.2%	0.8%
ROA	2.6%	1.5%	-13.1%	0.5%	-0.7%	-0.5%	-0.1%	-0.3%	0.2%	0.2%	0.4%	0.5%	0.4%	0.0%	0.6%	-0.6%	-0.1%	0.7%

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1	1	2
part-time	1	1	1	1	2
in full-time equivalents	0.6	0.6	0.6	0.6	1.2
Average over the year, in full-time equivalents	0.6	0.6	0.6	0.7	1.1
On a permanent contract	1	1	1	1	2
Joined	-	-	-	0	1
Left	-	-	-	1	0
Training hours	-	-	-	-	4

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1,598	€449	-	-	€799
Intangible fixed assets	€2,118	-	-	-	-
Financial fixed assets	-	-	-	€642	-
Depreciation and write-downs of the year	€1,388	€150	€266	€266	€1,204

Socrowd

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency96.3%

Return on assets2.6%

Staff

Staff cost per FTE€46,258

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on Socrowd

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