Socaré: 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.
Socaré
Largest movements
- Stocks and contracts +€1.4m
up €1.4m (+244%), from €577,903 to €2.0m
- Current investments +€1.0m
new in 2025: €1.0m
- Cash +€554,131
up €554,131 (+5,651%), from €9,806 to €563,937
mainly Advances received (+€1.8m) and Net result for the year (+€1.0m)
- Advances received +€1.8m
new in 2025: €1.8m
- Profit (loss) carried forward +€1.0m
up €1.0m, from -€41,008 to €1.0m
- Tax, wage and social debts +€100,000
new in 2025: €100,000
- Gross operating margin +€1.4m
up €1.4m, from -€7,108 to €1.4m
- Taxes +€350,138
new in 2025: €350,138
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 | €587,709 | €3,554,029 | +€3.0m | +505% |
| Current assets | 29/58 | €587,709 | €3,554,029 | +€3.0m | +505% |
| Stocks and contracts in progress | 3 | €577,903 | €1,990,092 | +€1.4m | +244% |
| Contracts in progress | 37 | €577,903 | €1,990,092 | +€1.4m | +244% |
| Current investments | 50/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €9,806 | €563,937 | +€554,131 | +5,651% |
| Total equity and liabilities | 10/49 | €587,709 | €3,554,029 | +€3.0m | +505% |
| Equity | 10/15 | €523,992 | €1,565,774 | +€1.0m | +199% |
| Contributions | 10/11 | €565,000 | €565,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,008 | €1,000,774 | +€1.0m | |
| Amounts payable | 17/49 | €63,717 | €1,988,255 | +€1.9m | +3,020% |
| Amounts payable within one year | 42/48 | €63,717 | €1,988,255 | +€1.9m | +3,020% |
| Trade debts | 44 | €1,446 | €5,508 | +€4,062 | +281% |
| Suppliers | 440/4 | €1,446 | €5,508 | +€4,062 | +281% |
| Advances received on contracts in progress | 46 | - | €1,817,625 | +€1.8m | |
| Taxes, remuneration and social security | 45 | - | €100,000 | +€100,000 | |
| Taxes | 450/3 | - | €100,000 | +€100,000 | |
| Other amounts payable | 47/48 | €62,270 | €65,122 | +€2,851 | +4.6% |
| Other operating charges | 640/8 | €40 | €400 | +€360 | +903% |
| Gross operating margin | 9900 | -€7,108 | €1,395,544 | +€1.4m | |
| Operating profit (loss) | 9901 | -€7,148 | €1,395,144 | +€1.4m | |
| Financial income | 75/76B | - | €461 | +€461 | |
| Recurring financial income | 75 | - | €461 | +€461 | |
| Financial charges | 65/66B | €4,362 | €3,685 | -€677 | -15.5% |
| Recurring financial charges | 65 | €3,737 | €3,685 | -€52 | -1.4% |
| Non-recurring financial charges | 66B | €625 | - | -€625 | |
| Profit (loss) for the period before taxes | 9903 | -€11,510 | €1,391,920 | +€1.4m | |
| Income taxes | 67/77 | - | €350,138 | +€350,138 | |
| Profit (loss) for the period | 9904 | -€11,510 | €1,041,782 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,510 | €1,041,782 | +€1.1m |
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 21 October 2026 via checked.be.