SOCCIM: 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.
What changed
SOCCIM
NACE 41.001, General construction of residential buildings
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€435,268
2024 · €462,956-€27,688
Equity
€3.7m
2024 · €3.6m+€135,268
Cash
€752,726
2024 · €413,274+€339,452
Balance sheet total
€4.6m
2024 · €4.7m-€133,582
Largest movements
Assets
- Receivables within one year -€347,957
down €347,957 (-69.2%), from €502,522 to €154,564
of which Other amounts receivable: -€330,954
- Cash +€339,452
up €339,452 (+82.1%), from €413,274 to €752,726
mainly Net result for the year (+€435,268) and Receivables within one year (+€347,957)
- Tangible fixed assets -€83,029
down €83,029 (-6.7%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€51,905
Equity and liabilities
- Debts after one year -€144,038
down €144,038 (-36.4%), from €396,190 to €252,152
- Profit (loss) carried forward +€137,375
up €137,375 (+8.0%), from €1.7m to €1.9m
- Other debts -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
Income statement
- Financial income -€60,730
down €60,730 (-100.0%), from €60,732 to €2
- Depreciation -€32,213
down €32,213 (-20.0%), from €160,820 to €128,607
- Taxes +€7,437
up €7,437 (+5.4%), from €138,354 to €145,792
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.
Result 2024
€462,956
Other operating income
-€3,307
Services and other goods
+€6,406
Depreciation
+€32,213
Other operating charges
+€2,070
Financial income
-€60,730
Financial charges
+€3,097
Taxes
-€7,437
Result 2025
€435,268
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.
From operations
+€825,352
Investment
-€4,382
Financing
-€481,519
Cash 2024
€413,274
From operations (derived)
+€825,352
Net result for the year
+€435,268
Depreciation
+€128,607
Receivables within one year
+€347,957
Smaller working-capital items
+€149
Trade debts
-€5,771
Tax, wage and social debts
+€19,142
Other debts
-€100,000
Investment (derived)
-€4,382
Investment in fixed assets (net)
-€4,382
Financing
-€481,519
Debts after one year
-€144,038
Current portion of long-term debt
-€37,290
Short-term financial debts
-€191
Contributions, distributions and other
-€300,000
Cash 2025
€752,726
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,699,393 | €4,565,810 | -€133,582 | -2.8% |
| Fixed assets | 21/28 | €3,775,483 | €3,651,258 | -€124,225 | -3.3% |
| Tangible fixed assets | 22/27 | €1,234,287 | €1,151,258 | -€83,029 | -6.7% |
| Land and buildings | 22 | €1,068,104 | €1,037,055 | -€31,049 | -2.9% |
| Plant, machinery and equipment | 23 | €166,108 | €114,203 | -€51,905 | -31.2% |
| Furniture and vehicles | 24 | €75 | €0 | -€75 | -100.0% |
| Financial fixed assets | 28 | €2,541,196 | €2,500,000 | -€41,196 | -1.6% |
| Affiliated companies | 280/1 | €2,500,000 | €2,500,000 | = | 0.0% |
| Participating interests | 280 | €2,500,000 | €2,500,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €41,196 | €0 | -€41,196 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €41,196 | €0 | -€41,196 | -100.0% |
| Current assets | 29/58 | €923,909 | €914,552 | -€9,357 | -1.0% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €502,522 | €154,564 | -€347,957 | -69.2% |
| Trade receivables | 40 | €163,882 | €146,878 | -€17,004 | -10.4% |
| Other amounts receivable | 41 | €338,640 | €7,686 | -€330,954 | -97.7% |
| Cash at bank and in hand | 54/58 | €413,274 | €752,726 | +€339,452 | +82.1% |
| Deferred charges and accrued income | 490/1 | €8,113 | €7,262 | -€852 | -10.5% |
| Total equity and liabilities | 10/49 | €4,699,393 | €4,565,810 | -€133,582 | -2.8% |
| Equity | 10/15 | €3,599,064 | €3,734,332 | +€135,268 | +3.8% |
| Contributions | 10/11 | €1,662,000 | €1,662,000 | = | 0.0% |
| Capital | 10 | €1,662,000 | €1,662,000 | = | 0.0% |
| Issued capital | 100 | €1,662,000 | €1,662,000 | = | 0.0% |
| Reserves | 13 | €222,552 | €220,445 | -€2,107 | -0.9% |
| Non-distributable reserves | 130/1 | €166,200 | €166,200 | = | 0.0% |
| Legal reserve | 130 | €166,200 | €166,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,352 | €54,245 | -€2,107 | -3.7% |
| Profit (loss) carried forward | 14 | €1,714,513 | €1,851,887 | +€137,375 | +8.0% |
| Provisions and deferred taxes | 16 | €18,784 | €18,082 | -€702 | -3.7% |
| Deferred taxes | 168 | €18,784 | €18,082 | -€702 | -3.7% |
| Amounts payable | 17/49 | €1,081,544 | €813,396 | -€268,148 | -24.8% |
| Amounts payable after more than one year | 17 | €396,190 | €252,152 | -€144,038 | -36.4% |
| Financial debts | 170/4 | €396,190 | €252,152 | -€144,038 | -36.4% |
| Credit institutions | 173 | €396,190 | €252,152 | -€144,038 | -36.4% |
| Amounts payable within one year | 42/48 | €685,355 | €561,244 | -€124,111 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €181,328 | €144,038 | -€37,290 | -20.6% |
| Financial debts | 43 | €42,182 | €41,991 | -€191 | -0.5% |
| Credit institutions | 430/8 | €42,182 | €41,991 | -€191 | -0.5% |
| Trade debts | 44 | €8,947 | €3,176 | -€5,771 | -64.5% |
| Suppliers | 440/4 | €8,947 | €3,176 | -€5,771 | -64.5% |
| Taxes, remuneration and social security | 45 | €52,898 | €72,040 | +€19,142 | +36.2% |
| Taxes | 450/3 | €52,898 | €72,040 | +€19,142 | +36.2% |
| Other amounts payable | 47/48 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Operating income | 70/76A | €796,002 | €792,696 | -€3,307 | -0.4% |
| Turnover | 70 | €712,664 | €712,664 | = | 0.0% |
| Other operating income | 74 | €83,338 | €80,031 | -€3,307 | -4.0% |
| Operating charges | 60/66A | €243,060 | €202,371 | -€40,689 | -16.7% |
| Services and other goods | 61 | €73,039 | €66,634 | -€6,406 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,820 | €128,607 | -€32,213 | -20.0% |
| Other operating charges | 640/8 | €9,201 | €7,131 | -€2,070 | -22.5% |
| Operating profit (loss) | 9901 | €552,942 | €590,324 | +€37,382 | +6.8% |
| Financial income | 75/76B | €60,732 | €2 | -€60,730 | -100.0% |
| Recurring financial income | 75 | €60,732 | €2 | -€60,730 | -100.0% |
| Income from financial fixed assets | 750 | €50,000 | €0 | -€50,000 | -100.0% |
| Income from current assets | 751 | €10,732 | €0 | -€10,732 | -100.0% |
| Other financial income | 752/9 | €0 | €2 | +€2 | +20300.0% |
| Financial charges | 65/66B | €13,066 | €9,969 | -€3,097 | -23.7% |
| Recurring financial charges | 65 | €13,066 | €9,969 | -€3,097 | -23.7% |
| Debt charges | 650 | €10,953 | €7,857 | -€3,096 | -28.3% |
| Other financial charges | 652/9 | €2,113 | €2,112 | -€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €600,608 | €580,357 | -€20,251 | -3.4% |
| Transfer from deferred taxes | 780 | €702 | €702 | = | 0.0% |
| Income taxes | 67/77 | €138,354 | €145,792 | +€7,437 | +5.4% |
| Taxes | 670/3 | €138,354 | €145,792 | +€7,437 | +5.4% |
| Profit (loss) for the period | 9904 | €462,956 | €435,268 | -€27,688 | -6.0% |
| Transfer from tax-exempt reserves | 789 | €2,107 | €2,107 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €465,063 | €437,375 | -€27,688 | -6.0% |
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 11 October 2026 via checked.be.