SOCAREN: 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.
SOCAREN
Largest movements
- Cash +€129,173
up €129,173 (+250%), from €51,676 to €180,849
mainly Investment in fixed assets (net) (+€45,200) and Depreciation (+€40,218)
- Tangible fixed assets -€85,418
down €85,418 (-31.0%), from €275,705 to €190,287
of which Land and buildings: -€80,121
- Receivables within one year -€14,337
down €14,337 (-72.4%), from €19,806 to €5,468
of which Trade receivables: -€14,420
- Profit (loss) carried forward +€27,309
up €27,309 (+71.4%), from €38,237 to €65,546
- Tax, wage and social debts +€9,086
up €9,086 (+1,019%), from €892 to €9,978
- Trade debts -€6,283
down €6,283 (-25.4%), from €24,708 to €18,425
- Gross operating margin +€48,881
up €48,881 (+140%), from €35,036 to €83,918
- Provisions +€32,000
no longer reported in 2025 (was -€32,000)
- Taxes +€9,086
up €9,086 (+1,019%), from €892 to €9,978
- Depreciation -€6,500
down €6,500 (-13.9%), from €46,718 to €40,218
- Financial income +€1,370
up €1,370 (+13,695,300%), from €0 to €1,370
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 | €347,187 | €376,605 | +€29,418 | +8.5% |
| Fixed assets | 21/28 | €275,705 | €190,287 | -€85,418 | -31.0% |
| Tangible fixed assets | 22/27 | €275,705 | €190,287 | -€85,418 | -31.0% |
| Land and buildings | 22 | €254,958 | €174,837 | -€80,121 | -31.4% |
| Furniture and vehicles | 24 | €20,748 | €15,450 | -€5,297 | -25.5% |
| Current assets | 29/58 | €71,482 | €186,317 | +€114,836 | +161% |
| Amounts receivable within one year | 40/41 | €19,806 | €5,468 | -€14,337 | -72.4% |
| Trade receivables | 40 | €19,383 | €4,963 | -€14,420 | -74.4% |
| Other amounts receivable | 41 | €423 | €506 | +€83 | +19.6% |
| Cash at bank and in hand | 54/58 | €51,676 | €180,849 | +€129,173 | +250% |
| Total equity and liabilities | 10/49 | €347,187 | €376,605 | +€29,418 | +8.5% |
| Equity | 10/15 | €307,538 | €333,399 | +€25,861 | +8.4% |
| Contributions | 10/11 | €260,288 | €260,288 | = | 0.0% |
| Reserves | 13 | €9,013 | €7,565 | -€1,448 | -16.1% |
| Tax-exempt reserves | 132 | €8,688 | €7,240 | -€1,448 | -16.7% |
| Distributable reserves | 133 | €325 | €325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,237 | €65,546 | +€27,309 | +71.4% |
| Provisions and deferred taxes | 16 | €4,476 | €3,730 | -€746 | -16.7% |
| Deferred taxes | 168 | €4,476 | €3,730 | -€746 | -16.7% |
| Amounts payable | 17/49 | €35,173 | €39,476 | +€4,303 | +12.2% |
| Amounts payable within one year | 42/48 | €35,173 | €39,476 | +€4,303 | +12.2% |
| Trade debts | 44 | €24,708 | €18,425 | -€6,283 | -25.4% |
| Suppliers | 440/4 | €24,708 | €18,425 | -€6,283 | -25.4% |
| Taxes, remuneration and social security | 45 | €892 | €9,978 | +€9,086 | +1,019% |
| Taxes | 450/3 | €892 | €9,978 | +€9,086 | +1,019% |
| Other amounts payable | 47/48 | €9,573 | €11,073 | +€1,500 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,718 | €40,218 | -€6,500 | -13.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€32,000 | - | +€32,000 | |
| Other operating charges | 640/8 | €9,466 | €9,936 | +€469 | +5.0% |
| Gross operating margin | 9900 | €35,036 | €83,918 | +€48,881 | +140% |
| Operating profit (loss) | 9901 | €10,852 | €33,764 | +€22,912 | +211% |
| Financial income | 75/76B | €0 | €1,370 | +€1,370 | +13,695,300% |
| Recurring financial income | 75 | €0 | €1,370 | +€1,370 | +13,695,300% |
| Financial charges | 65/66B | €24 | €41 | +€17 | +72.7% |
| Recurring financial charges | 65 | €24 | €41 | +€17 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €10,828 | €35,093 | +€24,264 | +224% |
| Transfer from deferred taxes | 780 | €746 | €746 | = | 0.0% |
| Income taxes | 67/77 | €892 | €9,978 | +€9,086 | +1,019% |
| Profit (loss) for the period | 9904 | €10,682 | €25,861 | +€15,178 | +142% |
| Transfer from tax-exempt reserves | 789 | €1,448 | €1,448 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,130 | €27,309 | +€15,178 | +125% |
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 15 October 2026 via checked.be.