Etablissements Socoarc: 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.
Etablissements Socoarc
Largest movements
- Tangible fixed assets -€193,129
down €193,129 (-28.7%), from €673,895 to €480,766
of which Plant, machinery and equipment: -€112,430
- Financial fixed assets -€20,630
down €20,630 (-58.4%), from €35,348 to €14,718
- Cash +€17,182
up €17,182 (+1,107%), from €1,552 to €18,734
mainly Depreciation (+€137,492) and Short-term financial debts (+€76,583)
- Profit (loss) carried forward -€254,884
down €254,884 (-16.6%), from -€1.5m to -€1.8m
- Short-term financial debts +€76,583
up €76,583 (+4.4%), from €1.7m to €1.8m
of which Other loans: +€76,600
- Debts after one year -€68,635
down €68,635 (-62.3%), from €110,090 to €41,455
- Tax, wage and social debts +€43,363
up €43,363 (+16.3%), from €266,303 to €309,667
of which Remuneration and social security: +€33,809
- Gross operating margin +€175,223
up €175,223 (+398%), from €43,995 to €219,218
- Depreciation -€22,167
down €22,167 (-13.9%), from €159,660 to €137,492
- Staff costs +€10,021
up €10,021 (+3.3%), from €299,983 to €310,003
- Financial charges -€2,571
down €2,571 (-14.7%), from €17,495 to €14,924
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 | €1,405,211 | €1,209,756 | -€195,455 | -13.9% |
| Fixed assets | 21/28 | €709,243 | €495,484 | -€213,759 | -30.1% |
| Tangible fixed assets | 22/27 | €673,895 | €480,766 | -€193,129 | -28.7% |
| Land and buildings | 22 | €232,412 | €207,350 | -€25,062 | -10.8% |
| Plant, machinery and equipment | 23 | €385,846 | €273,416 | -€112,430 | -29.1% |
| Furniture and vehicles | 24 | €55,637 | €0 | -€55,637 | -100% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €35,348 | €14,718 | -€20,630 | -58.4% |
| Current assets | 29/58 | €695,968 | €714,272 | +€18,304 | +2.6% |
| Stocks and contracts in progress | 3 | €602,558 | €602,558 | = | 0.0% |
| Stocks | 30/36 | €602,558 | €602,558 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,355 | €77,876 | +€6,521 | +9.1% |
| Trade receivables | 40 | €71,354 | €77,876 | +€6,522 | +9.1% |
| Other amounts receivable | 41 | €1 | €0 | -€1 | -100% |
| Cash at bank and in hand | 54/58 | €1,552 | €18,734 | +€17,182 | +1,107% |
| Deferred charges and accrued income | 490/1 | €20,503 | €15,105 | -€5,398 | -26.3% |
| Total equity and liabilities | 10/49 | €1,405,211 | €1,209,756 | -€195,455 | -13.9% |
| Equity | 10/15 | -€906,351 | -€1,161,235 | -€254,884 | -28.1% |
| Contributions | 10/11 | €596,000 | €596,000 | = | 0.0% |
| Capital | 10 | €596,000 | €596,000 | = | 0.0% |
| Issued capital | 100 | €596,000 | €596,000 | = | 0.0% |
| Reserves | 13 | €34,395 | €34,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,395 | €34,395 | = | 0.0% |
| Legal reserve | 130 | €34,395 | €34,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,536,746 | -€1,791,630 | -€254,884 | -16.6% |
| Amounts payable | 17/49 | €2,311,561 | €2,370,991 | +€59,430 | +2.6% |
| Amounts payable after more than one year | 17 | €110,090 | €41,455 | -€68,635 | -62.3% |
| Financial debts | 170/4 | €110,090 | €41,455 | -€68,635 | -62.3% |
| Amounts payable within one year | 42/48 | €2,201,433 | €2,329,536 | +€128,104 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €65,679 | €68,635 | +€2,956 | +4.5% |
| Financial debts | 43 | €1,723,454 | €1,800,037 | +€76,583 | +4.4% |
| Credit institutions | 430/8 | €5,454 | €5,437 | -€17 | -0.3% |
| Other loans | 439 | €1,718,000 | €1,794,600 | +€76,600 | +4.5% |
| Trade debts | 44 | €145,578 | €150,264 | +€4,686 | +3.2% |
| Suppliers | 440/4 | €145,578 | €150,264 | +€4,686 | +3.2% |
| Taxes, remuneration and social security | 45 | €266,303 | €309,667 | +€43,363 | +16.3% |
| Taxes | 450/3 | €5,368 | €14,922 | +€9,554 | +178% |
| Remuneration and social security | 454/9 | €260,935 | €294,744 | +€33,809 | +13.0% |
| Other amounts payable | 47/48 | €418 | €934 | +€516 | +123% |
| Accrued charges and deferred income | 492/3 | €39 | €0 | -€39 | -100% |
| Remuneration, social security and pensions | 62 | €299,983 | €310,003 | +€10,021 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,660 | €137,492 | -€22,167 | -13.9% |
| Other operating charges | 640/8 | €10,419 | €11,117 | +€698 | +6.7% |
| Gross operating margin | 9900 | €43,995 | €219,218 | +€175,223 | +398% |
| Operating profit (loss) | 9901 | -€426,067 | -€239,394 | +€186,673 | +43.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €17,495 | €14,924 | -€2,571 | -14.7% |
| Recurring financial charges | 65 | €17,495 | €14,924 | -€2,571 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€443,561 | -€254,318 | +€189,244 | +42.7% |
| Income taxes | 67/77 | €598 | €567 | -€32 | -5.3% |
| Profit (loss) for the period | 9904 | -€444,160 | -€254,884 | +€189,275 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€444,160 | -€254,884 | +€189,275 | +42.6% |
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 26 October 2026 via checked.be.