SOCATHE: 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.
SOCATHE
Largest movements
- Receivables within one year +€9,149
up €9,149 (+41.9%), from €21,849 to €30,998
of which Trade receivables: +€8,249
- Tangible fixed assets -€7,129
down €7,129 (-37.1%), from €19,190 to €12,061
of which Furniture and vehicles: -€7,129
- Stocks and contracts -€3,245
down €3,245 (-16.2%), from €19,972 to €16,727
- Profit (loss) carried forward -€4,228
down €4,228 (-3.3%), from €127,931 to €123,703
- Tax, wage and social debts +€2,089
up €2,089 (+175%), from €1,197 to €3,286
- Gross operating margin +€8,737
up €8,737, from -€5,614 to €3,123
- Turnover +€8,122
up €8,122 (+27.2%), from €29,902 to €38,024
- Financial income -€3,020
down €3,020 (-82.3%), from €3,670 to €650
of which Non-recurring financial income: -€2,660
- Depreciation -€2,158
down €2,158 (-23.2%), from €9,287 to €7,129
- Purchases and services -€1,670
down €1,670 (-4.3%), from €38,491 to €36,821
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 | €164,459 | €161,642 | -€2,817 | -1.7% |
| Fixed assets | 21/28 | €19,190 | €12,061 | -€7,129 | -37.1% |
| Tangible fixed assets | 22/27 | €19,190 | €12,061 | -€7,129 | -37.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €19,190 | €12,061 | -€7,129 | -37.1% |
| Current assets | 29/58 | €145,269 | €149,581 | +€4,312 | +3.0% |
| Stocks and contracts in progress | 3 | €19,972 | €16,727 | -€3,245 | -16.2% |
| Stocks | 30/36 | €19,972 | €16,727 | -€3,245 | -16.2% |
| Amounts receivable within one year | 40/41 | €21,849 | €30,998 | +€9,149 | +41.9% |
| Trade receivables | 40 | €19,373 | €27,622 | +€8,249 | +42.6% |
| Other amounts receivable | 41 | €2,476 | €3,376 | +€900 | +36.3% |
| Cash at bank and in hand | 54/58 | €103,448 | €101,856 | -€1,592 | -1.5% |
| Total equity and liabilities | 10/49 | €164,459 | €161,642 | -€2,817 | -1.7% |
| Equity | 10/15 | €161,382 | €157,154 | -€4,228 | -2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €14,859 | €14,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,931 | €123,703 | -€4,228 | -3.3% |
| Amounts payable | 17/49 | €3,077 | €4,488 | +€1,411 | +45.9% |
| Amounts payable within one year | 42/48 | €3,077 | €4,488 | +€1,411 | +45.9% |
| Trade debts | 44 | €1,880 | €1,202 | -€678 | -36.1% |
| Suppliers | 440/4 | €1,880 | €1,202 | -€678 | -36.1% |
| Taxes, remuneration and social security | 45 | €1,197 | €3,286 | +€2,089 | +175% |
| Taxes | 450/3 | €1,197 | €3,286 | +€2,089 | +175% |
| Turnover | 70 | €29,902 | €38,024 | +€8,122 | +27.2% |
| Non-recurring operating income | 76A | €2,974 | €1,920 | -€1,054 | -35.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,491 | €36,821 | -€1,670 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,287 | €7,129 | -€2,158 | -23.2% |
| Other operating charges | 640/8 | €534 | €718 | +€184 | +34.5% |
| Gross operating margin | 9900 | -€5,614 | €3,123 | +€8,737 | |
| Operating profit (loss) | 9901 | -€15,435 | -€4,724 | +€10,711 | +69.4% |
| Financial income | 75/76B | €3,670 | €650 | -€3,020 | -82.3% |
| Recurring financial income | 75 | €1,010 | €650 | -€360 | -35.6% |
| Non-recurring financial income | 76B | €2,660 | - | -€2,660 | |
| Financial charges | 65/66B | €29 | €154 | +€125 | +431% |
| Recurring financial charges | 65 | €29 | €38 | +€9 | +31.0% |
| Non-recurring financial charges | 66B | - | €116 | +€116 | |
| Profit (loss) for the period before taxes | 9903 | -€11,794 | -€4,228 | +€7,566 | +64.2% |
| Income taxes | 67/77 | €368 | - | -€368 | |
| Profit (loss) for the period | 9904 | -€12,162 | -€4,228 | +€7,934 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,162 | -€4,228 | +€7,934 | +65.2% |
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 14 October 2026 via checked.be.