SOCAFA: 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.
What changed
SOCAFA
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€47,328
2024 · €44,318+€3,010
Equity
€559,377
2024 · €517,658+€41,719
Cash
€168,635
2024 · €114,039+€54,597
Balance sheet total
€1.4m
2024 · €1.3m+€166,427
Largest movements
Assets
- Tangible fixed assets +€92,631
up €92,631 (+21.2%), from €437,218 to €529,849
of which Plant, machinery and equipment: +€145,053
- Cash +€54,597
up €54,597 (+47.9%), from €114,039 to €168,635
mainly Depreciation (+€85,349) and Net result for the year (+€47,328)
- Receivables within one year +€35,797
up €35,797 (+6.3%), from €565,489 to €601,287
of which Trade receivables: +€53,362
- Stocks and contracts -€16,551
down €16,551 (-12.2%), from €135,713 to €119,162
Equity and liabilities
- Trade debts +€46,644
up €46,644 (+18.7%), from €249,039 to €295,682
- Accrued charges and deferred income +€36,779
up €36,779 (+381.0%), from €9,653 to €46,432
- Profit (loss) carried forward +€27,328
up €27,328 (+18.5%), from €148,053 to €175,382
- Debts after one year +€25,285
up €25,285 (+7.5%), from €336,743 to €362,028
- Current portion of long-term debt +€23,347
up €23,347 (+36.4%), from €64,091 to €87,438
Income statement
- Purchases and services +€68,843
up €68,843 (+2.3%), from €3.0m to €3.1m
- Turnover +€65,969
up €65,969 (+2.1%), from €3.2m to €3.3m
- Gross operating margin +€44,462
up €44,462 (+22.9%), from €194,256 to €238,718
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.
Result 2024
€44,318
Gross operating margin
+€44,462
Staff costs
-€11,756
Depreciation
-€20,496
Other operating charges
-€4,914
Other operating items
+€1,279
Financial income
+€58
Financial charges
+€3,205
Taxes
-€8,828
Result 2025
€47,328
Cash bridge derived
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.
From operations
+€207,554
Investment
-€177,981
Financing
+€25,023
Cash 2024
€114,039
From operations (derived)
+€207,554
Net result for the year
+€47,328
Depreciation
+€85,349
Stocks and contracts
+€16,551
Receivables within one year
-€35,797
Deferred charges and accrued income
+€47
Trade debts
+€46,644
Tax, wage and social debts
+€11,144
Other debts
-€491
Accrued charges and deferred income
+€36,779
Investment (derived)
-€177,981
Investment in fixed assets (net)
-€177,981
Financing
+€25,023
Debts after one year
+€25,285
Current portion of long-term debt
+€23,347
Short-term financial debts
-€18,000
Contributions, distributions and other
-€5,609
Cash 2025
€168,635
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,254,860 | €1,421,288 | +€166,427 | +13.3% |
| Fixed assets | 21/28 | €437,218 | €529,849 | +€92,631 | +21.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €437,218 | €529,849 | +€92,631 | +21.2% |
| Land and buildings | 22 | €332,250 | €297,833 | -€34,417 | -10.4% |
| Plant, machinery and equipment | 23 | €37,243 | €182,296 | +€145,053 | +389.5% |
| Furniture and vehicles | 24 | €67,725 | €49,721 | -€18,004 | -26.6% |
| Current assets | 29/58 | €817,642 | €891,438 | +€73,796 | +9.0% |
| Amounts receivable after more than one year | 29 | €2,355 | €2,355 | = | 0.0% |
| Trade receivables | 290 | €2,355 | €2,355 | = | 0.0% |
| Stocks and contracts in progress | 3 | €135,713 | €119,162 | -€16,551 | -12.2% |
| Stocks | 30/36 | €135,713 | €119,162 | -€16,551 | -12.2% |
| Amounts receivable within one year | 40/41 | €565,489 | €601,287 | +€35,797 | +6.3% |
| Trade receivables | 40 | €547,899 | €601,261 | +€53,362 | +9.7% |
| Other amounts receivable | 41 | €17,590 | €26 | -€17,564 | -99.9% |
| Cash at bank and in hand | 54/58 | €114,039 | €168,635 | +€54,597 | +47.9% |
| Deferred charges and accrued income | 490/1 | €47 | - | -€47 | |
| Total equity and liabilities | 10/49 | €1,254,860 | €1,421,288 | +€166,427 | +13.3% |
| Equity | 10/15 | €517,658 | €559,377 | +€41,719 | +8.1% |
| Contributions | 10/11 | €273,000 | €273,000 | = | 0.0% |
| Capital | 10 | €273,000 | €273,000 | = | 0.0% |
| Issued capital | 100 | €273,000 | €273,000 | = | 0.0% |
| Reserves | 13 | €67,213 | €87,213 | +€20,000 | +29.8% |
| Non-distributable reserves | 130/1 | €5,512 | €5,512 | = | 0.0% |
| Legal reserve | 130 | €5,512 | €5,512 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,438 | €1,438 | = | 0.0% |
| Distributable reserves | 133 | €60,263 | €80,263 | +€20,000 | +33.2% |
| Profit (loss) carried forward | 14 | €148,053 | €175,382 | +€27,328 | +18.5% |
| Investment grants | 15 | €29,392 | €23,783 | -€5,609 | -19.1% |
| Amounts payable | 17/49 | €737,203 | €861,911 | +€124,708 | +16.9% |
| Amounts payable after more than one year | 17 | €336,743 | €362,028 | +€25,285 | +7.5% |
| Financial debts | 170/4 | €336,743 | €362,028 | +€25,285 | +7.5% |
| Amounts payable within one year | 42/48 | €390,807 | €453,451 | +€62,644 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €64,091 | €87,438 | +€23,347 | +36.4% |
| Financial debts | 43 | €73,000 | €55,000 | -€18,000 | -24.7% |
| Credit institutions | 430/8 | €73,000 | €55,000 | -€18,000 | -24.7% |
| Trade debts | 44 | €249,039 | €295,682 | +€46,644 | +18.7% |
| Suppliers | 440/4 | €249,039 | €295,682 | +€46,644 | +18.7% |
| Taxes, remuneration and social security | 45 | €4,187 | €15,331 | +€11,144 | +266.1% |
| Taxes | 450/3 | €0 | €8,049 | +€8,049 | |
| Remuneration and social security | 454/9 | €4,187 | €7,281 | +€3,094 | +73.9% |
| Other amounts payable | 47/48 | €491 | - | -€491 | |
| Accrued charges and deferred income | 492/3 | €9,653 | €46,432 | +€36,779 | +381.0% |
| Turnover | 70 | €3,211,734 | €3,277,703 | +€65,969 | +2.1% |
| Non-recurring operating income | 76A | €189 | €6 | -€183 | -96.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,026,937 | €3,095,781 | +€68,843 | +2.3% |
| Remuneration, social security and pensions | 62 | €54,424 | €66,181 | +€11,756 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,853 | €85,349 | +€20,496 | +31.6% |
| Other operating charges | 640/8 | €9,988 | €14,901 | +€4,914 | +49.2% |
| Non-recurring operating charges | 66A | €90 | -€1,188 | -€1,279 | |
| Gross operating margin | 9900 | €194,256 | €238,718 | +€44,462 | +22.9% |
| Operating profit (loss) | 9901 | €64,900 | €73,475 | +€8,575 | +13.2% |
| Financial income | 75/76B | €6,395 | €6,454 | +€58 | +0.9% |
| Recurring financial income | 75 | €6,395 | €6,454 | +€58 | +0.9% |
| Financial charges | 65/66B | €15,092 | €11,887 | -€3,205 | -21.2% |
| Recurring financial charges | 65 | €15,092 | €11,887 | -€3,205 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €56,204 | €68,042 | +€11,839 | +21.1% |
| Income taxes | 67/77 | €11,886 | €20,714 | +€8,828 | +74.3% |
| Profit (loss) for the period | 9904 | €44,318 | €47,328 | +€3,010 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,318 | €47,328 | +€3,010 | +6.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.