SOCAPHOT: what changed
Two fiscal 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.
SOCAPHOT
Largest movements
- Tangible fixed assets -€3,240
down €3,240 (-20.2%), from €16,035 to €12,794
of which Plant, machinery and equipment: -€3,185
- Stocks and contracts -€3,195
down €3,195 (-5.5%), from €57,849 to €54,654
- Debts after one year -€8,612
down €8,612 (-9.3%), from €92,743 to €84,131
of which Financial debts: -€4,890
- Short-term financial debts +€4,290
up €4,290 (+24.3%), from €17,632 to €21,922
- Profit (loss) carried forward -€2,615
down €2,615 (-1.7%), from -€152,308 to -€154,923
- Tax, wage and social debts +€2,318
up €2,318 (+28.5%), from €8,140 to €10,457
- Current portion of long-term debt -€1,349
down €1,349 (-21.6%), from €6,240 to €4,890
- Gross operating margin -€72,448
down €72,448 (-62.7%), from €115,481 to €43,034
- Staff costs -€3,407
down €3,407 (-8.3%), from €41,263 to €37,856
- Financial charges -€1,834
down €1,834 (-33.9%), from €5,412 to €3,578
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,463 | €71,362 | -€6,101 | -7.9% |
| Fixed assets | 21/28 | €16,035 | €12,794 | -€3,240 | -20.2% |
| Tangible fixed assets | 22/27 | €16,035 | €12,794 | -€3,240 | -20.2% |
| Plant, machinery and equipment | 23 | €15,979 | €12,794 | -€3,185 | -19.9% |
| Furniture and vehicles | 24 | €55 | - | -€55 | |
| Current assets | 29/58 | €61,428 | €58,568 | -€2,860 | -4.7% |
| Stocks and contracts in progress | 3 | €57,849 | €54,654 | -€3,195 | -5.5% |
| Stocks | 30/36 | €57,849 | €54,654 | -€3,195 | -5.5% |
| Amounts receivable within one year | 40/41 | €2,466 | €2,642 | +€176 | +7.1% |
| Trade receivables | 40 | €2,466 | €2,642 | +€176 | +7.1% |
| Cash at bank and in hand | 54/58 | - | €441 | +€441 | |
| Deferred charges and accrued income | 490/1 | €1,113 | €831 | -€282 | -25.4% |
| Total equity and liabilities | 10/49 | €77,463 | €71,362 | -€6,101 | -7.9% |
| Equity | 10/15 | -€54,877 | -€57,492 | -€2,615 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,831 | €78,831 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €76,972 | €76,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,308 | -€154,923 | -€2,615 | -1.7% |
| Amounts payable | 17/49 | €132,340 | €128,854 | -€3,486 | -2.6% |
| Amounts payable after more than one year | 17 | €92,743 | €84,131 | -€8,612 | -9.3% |
| Financial debts | 170/4 | €4,890 | - | -€4,890 | |
| Other amounts payable | 178/9 | €87,853 | €84,131 | -€3,722 | -4.2% |
| Amounts payable within one year | 42/48 | €36,819 | €42,932 | +€6,113 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €6,240 | €4,890 | -€1,349 | -21.6% |
| Financial debts | 43 | €17,632 | €21,922 | +€4,290 | +24.3% |
| Credit institutions | 430/8 | €17,632 | €21,922 | +€4,290 | +24.3% |
| Trade debts | 44 | €4,807 | €5,663 | +€856 | +17.8% |
| Suppliers | 440/4 | €4,807 | €5,663 | +€856 | +17.8% |
| Taxes, remuneration and social security | 45 | €8,140 | €10,457 | +€2,318 | +28.5% |
| Taxes | 450/3 | €8,140 | €10,457 | +€2,318 | +28.5% |
| Accrued charges and deferred income | 492/3 | €2,778 | €1,791 | -€987 | -35.5% |
| Non-recurring operating income | 76A | €79,863 | €6,173 | -€73,690 | -92.3% |
| Remuneration, social security and pensions | 62 | €41,263 | €37,856 | -€3,407 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,547 | €3,240 | +€694 | +27.2% |
| Other operating charges | 640/8 | €1,610 | €1,897 | +€287 | +17.8% |
| Gross operating margin | 9900 | €115,481 | €43,034 | -€72,448 | -62.7% |
| Operating profit (loss) | 9901 | €70,062 | €40 | -€70,021 | -99.9% |
| Financial income | 75/76B | - | €1,063 | +€1,063 | |
| Recurring financial income | 75 | - | €1,063 | +€1,063 | |
| Financial charges | 65/66B | €5,412 | €3,578 | -€1,834 | -33.9% |
| Recurring financial charges | 65 | €5,412 | €3,578 | -€1,834 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €64,650 | -€2,475 | -€67,125 | |
| Income taxes | 67/77 | €137 | €140 | +€3 | +2.1% |
| Profit (loss) for the period | 9904 | €64,513 | -€2,615 | -€67,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,513 | -€2,615 | -€67,128 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.