SOCAFI: what changed
SOCAFI
Largest movements
- Receivables within one year -€4,330
down €4,330 (-21.2%), from €20,467 to €16,138
of which Trade receivables: -€2,834
- Receivables after one year -€3,967
down €3,967 (-17.3%), from €22,917 to €18,949
- Cash +€2,517
up €2,517 (+33.0%), from €7,636 to €10,153
mainly Net result for the year (+€31,659) and Receivables within one year (+€4,330)
- Deferred charges and accrued income -€1,322
down €1,322 (-66.9%), from €1,976 to €654
- Tangible fixed assets -€825
down €825 (-23.2%), from €3,560 to €2,736
of which Furniture and vehicles: -€3,560
- Profit (loss) carried forward +€31,659
up €31,659 (+80.5%), from -€39,309 to -€7,650
- Provisions -€28,119
no longer reported in 2025 (was €28,119)
- Other debts -€7,966
down €7,966 (-15.6%), from €50,921 to €42,955
- Tax, wage and social debts -€1,966
no longer reported in 2025 (was €1,966)
- Trade debts -€1,535
down €1,535 (-22.6%), from €6,799 to €5,264
- Financial income +€27,774
up €27,774 (+4,501%), from €617 to €28,391
of which Non-recurring financial income: +€28,119
- Gross operating margin +€13,012
up €13,012, from -€7,629 to €5,383
- Other operating charges -€1,575
down €1,575 (-58.6%), from €2,689 to €1,114
- Depreciation -€1,056
down €1,056 (-56.1%), from €1,880 to €825
- Taxes -€447
no longer reported in 2025 (was €447)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,556 | €48,629 | -€7,927 | -14.0% |
| Fixed assets | 21/28 | €3,560 | €2,736 | -€825 | -23.2% |
| Tangible fixed assets | 22/27 | €3,560 | €2,736 | -€825 | -23.2% |
| Furniture and vehicles | 24 | €3,560 | - | -€3,560 | |
| Other tangible fixed assets | 26 | - | €2,736 | +€2,736 | |
| Current assets | 29/58 | €52,995 | €45,893 | -€7,102 | -13.4% |
| Amounts receivable after more than one year | 29 | €22,917 | €18,949 | -€3,967 | -17.3% |
| Other amounts receivable | 291 | €22,917 | €18,949 | -€3,967 | -17.3% |
| Amounts receivable within one year | 40/41 | €20,467 | €16,138 | -€4,330 | -21.2% |
| Trade receivables | 40 | €18,008 | €15,174 | -€2,834 | -15.7% |
| Other amounts receivable | 41 | €2,459 | €963 | -€1,495 | -60.8% |
| Cash at bank and in hand | 54/58 | €7,636 | €10,153 | +€2,517 | +33.0% |
| Deferred charges and accrued income | 490/1 | €1,976 | €654 | -€1,322 | -66.9% |
| Total equity and liabilities | 10/49 | €56,556 | €48,629 | -€7,927 | -14.0% |
| Equity | 10/15 | -€31,249 | €410 | +€31,659 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,309 | -€7,650 | +€31,659 | +80.5% |
| Provisions and deferred taxes | 16 | €28,119 | - | -€28,119 | |
| Provisions for liabilities and charges | 160/5 | €28,119 | - | -€28,119 | |
| Other liabilities and charges | 164/5 | €28,119 | - | -€28,119 | |
| Amounts payable | 17/49 | €59,686 | €48,219 | -€11,467 | -19.2% |
| Amounts payable within one year | 42/48 | €59,686 | €48,219 | -€11,467 | -19.2% |
| Trade debts | 44 | €6,799 | €5,264 | -€1,535 | -22.6% |
| Suppliers | 440/4 | €6,799 | €5,264 | -€1,535 | -22.6% |
| Taxes, remuneration and social security | 45 | €1,966 | - | -€1,966 | |
| Taxes | 450/3 | €1,966 | - | -€1,966 | |
| Other amounts payable | 47/48 | €50,921 | €42,955 | -€7,966 | -15.6% |
| Non-recurring operating income | 76A | - | €5,415 | +€5,415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,880 | €825 | -€1,056 | -56.1% |
| Other operating charges | 640/8 | €2,689 | €1,114 | -€1,575 | -58.6% |
| Gross operating margin | 9900 | -€7,629 | €5,383 | +€13,012 | |
| Operating profit (loss) | 9901 | -€12,198 | €3,445 | +€15,643 | |
| Financial income | 75/76B | €617 | €28,391 | +€27,774 | +4,501% |
| Recurring financial income | 75 | €617 | €272 | -€345 | -55.9% |
| Non-recurring financial income | 76B | - | €28,119 | +€28,119 | |
| Financial charges | 65/66B | €294 | €177 | -€117 | -39.7% |
| Recurring financial charges | 65 | €294 | €177 | -€117 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,874 | €31,659 | +€43,534 | |
| Income taxes | 67/77 | €447 | - | -€447 | |
| Profit (loss) for the period | 9904 | -€12,321 | €31,659 | +€43,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,321 | €31,659 | +€43,980 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.